Supply Chain
This coverage examines supply chain strategy and performance within the UK retail industry. Reporting highlights logistics innovation, inventory management, sourcing practices, supplier relations, technology adoption, and responses to disruption. Focused on efficiency, resilience, and commercial impact, it provides insights for retail executives and managers optimising operations and ensuring continuity.
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Dec- 2023 -12 DecemberNews
Today’s news in brief-12/12/23
Fast-fashion giant Shein is reportedly exploring the possibility of an initial public offering (IPO) on the London Stock Exchange. Chairman Donald Tangmet reportedly met with LSE executives in London to discuss the potential move. The talks are said to have focused on a UK listing, with Shein also considering raising…
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12 DecemberAdvice
A Step-by-Step Guide to Green Retailing and Eco-friendly Initiatives
As environmental concerns continue to gain momentum, retailers are increasingly recognising the importance of adopting sustainable and eco-friendly practices. Going green isn’t just about reducing your environmental footprint; it’s also about attracting eco-conscious consumers and bolstering your brand’s reputation. In this step-by-step guide, we’ll explore how retailers can embrace green…
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12 DecemberNews
Pepco Group revenues rise 17.7% to €5.6bn in FY23
Poundland owner Pepco Group has reported a 17.7% increase in revenues to €5.6bn (£4.8bn) for the 12 months ended on 30 September. The revenues were driven by Pepco growth of 24.8% and Poundland Group growth of 8.4%. Underlying EBITDA increased 3.1% to €753m (£646m). However, underlying pre-tax profit dropped 33.7%…
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Nov- 2023 -30 NovemberAdvice
A Guide to Handling Retail Recalls: Best Practices and Communication
In the retail industry, product recalls are not uncommon. They can be caused by various factors such as safety concerns, quality issues, or regulatory compliance problems. How retailers respond to recalls can significantly impact their reputation, customer trust, and financial stability. This comprehensive guide outlines best practices and effective communication…
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30 NovemberSport & Leisure
Castore secures £145m investment
Castore, the performance sportswear brand and technology-enabled, end-to-end digital platform for global sports teams, has secured significant growth investment in a funding round led by Raine Partners, The Raine Group’s flagship growth equity fund. The £145m investment round will support Castore’s efforts to continue to “disrupt the premium sportswear market…
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30 NovemberClothing & Shoes
Dr Martens issues profit warning amid challenging US backdrop
Dr Martens has issued a profit warning due to challenging headwinds in the US. The British footwear brand’s profit before tax fell 55% to £25.8m for the six months ending 30 September. The group also reported that its EBITDA fell 13% and revenues declined 5% from £418.6m to £395.8m primarily…
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29 NovemberClothing & Shoes
Canada Goose acquires knitwear manufacturer Paola Confectii
Canada Goose has recently announced the acquisition of the operating assets of Paola Confectii Manufacturing for an undisclosed sum. Building upon its existing network of seven facilities across Canada, the acquisition marks the company’s first European facility, and supports its strategic growth plan, specifically expanding existing categories and increasing year-round…
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27 NovemberAdvice
The Importance of CSR in Retail: A Practical Guide
In today’s ever-evolving retail landscape, Corporate Social Responsibility (CSR) has transcended its status as a buzzword and become a fundamental aspect of doing business. CSR is not just about giving back to the community; it’s about creating a positive impact on society while simultaneously reaping benefits for your retail business. …
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24 NovemberAdvice
A guide to sustainable and ethical sourcing
Understand sustainable and ethical sourcing Get a clear grasp of what sustainable and ethical sourcing means in terms of environmental and social responsibility. Define your sourcing goals Clearly outline your objectives for sustainable and ethical sourcing, whether it’s reducing your carbon footprint or supporting fair labour practices. Evaluate your supply…
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16 NovemberNews
Today’s news in brief-16/11/23
Mars has acquired Hotel Chocolat in a £534m deal, offering a 168% premium on the share price. Mars sees cultural alignment between the two companies, sharing values of quality, sustainability, and purpose. Hotel Chocolat’s directors deemed the deal “fair and reasonable.” Mars, with its international footprint and global supply chain,…
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