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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May- 2023 -26 MayNews
Nike announces senior leadership changes
Nike has recently announced senior leadership changes that will continue to build on its strong momentum and underscore its commitment to product innovation. Heidi O’Neill, currently president, consumer and marketplace, will become president, consumer, product and brand, Nike. Craig Williams, currently president, Jordan brand, will become president, geographies and marketplace,…
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24 MayClothing & Shoes
VF Corp FY revenues dip as Vans sales fall
VF Corp, the owner of brands such as Vans, The North Face and Timberland, has seen its revenues dip by 2% to $11.6bn (£9.4bn) in FY23 amid a “challenging” consumer environment. North Face performed better than expected however, with sales up by 11% to $3.6bn (£2.9bn) in the full-year period.…
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18 MayNews
Burberry revenues hit £3bn in FY23
British luxury fashion brand Burberry has reported a 10% revenue increase to £3bn in its preliminary results for the 52 weeks ended in April. Like-for-like sales in store increased 7% for the year, with growth accelerating to 16% in Q4 as sales in Mainland China recovered after the easing of…
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9 MayFeatures
Reinventing delivery – is driverless delivery the future?
Asda recently announced its partnership with Wayve self-driving vehicles in a year-long trial that will give the supermarket the ability to autonomously deliver groceries to over 170,000 residents across 72,000 households in London. Emile Naus, partner at BearingPoint, tells us about how these driverless vehicles can be cost-effective and efficient…
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4 MayOnline & Digital
PDS Limited forms PDS Radius Brands following acquisition
Global fashion supply chain platform, PDS Limited, has revealed its majority acquisition of brand management and licensing business, The Radius Group, forming PDS Radius Brands as a division of PDS Limited. The acquisition follows the recent announcement of its formation of the Ted Baker Design Group (TDG) as a strategic…
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2 MayClothing & Shoes
Shop price inflation falls for first time in 2023
Shop price inflation is thought to have peaked in the first week of April, according to the BRC, after it declined to 8.8%, down slightly from 8.9% in March. Despite the fall, it remains at record-highs in some areas, and continued to exceed the three-month average of 8.7%. Meanwhile, food…
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Apr- 2023 -24 AprilComment
What can retailers learn from grocery stores?
The KPMG consumer pulse survey released recently says that 61% of people will have to reduce non-essential spending, do you agree? We’re finding that customers are definitely more selective about their purchases, obviously because of a lack of available spare funds, particularly when it comes to retail fashion, clothing and…
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24 AprilEconomy
Retail profit warnings fall to lowest level since 2020
UK-listed retailers issued five profit warnings in Q1 2023, marking a decrease from the nine issued in both Q4 2022 and Q1 2022, according to the latest data from EY. Despite representing the sector’s lowest quarterly total since Q4 2020, it said “persistent inflation, high interest rates and tightening consumer…
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18 AprilHealth & Beauty
Well Pharmacy acquires Lexon wholesaler
Bestway Group subsidiary Well Pharmacy has announced the acquisition of Lexon UK Holdings and Asurex Limited, pharmaceutical wholesalers for an undisclosed sum. Lexon is a family-owned business which has been in operation for over 25 years. It operates “primarily” as a pharmaceutical wholesaler serving 3,000 retail pharmacy customers across the…
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6 AprilPeople Moves
Asos appoints two non-executive directors
Asos has announced the appointments of Natasja Laheij and Jose Manuel Martinéz Gutiérrez as independent non-executive directors. Laheij is currently Google’s senior finance director for Google EMEA, chair of the board of Google Payments Ltd. and audit chair of Vandemoortele. She has more than 25 years of experience in international…
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