Sustainability
This coverage examines sustainability initiatives and challenges within the UK retail sector. Reporting highlights environmental strategies, supply chain improvements, energy efficiency, packaging innovation, and leadership commitments aimed at reducing impact and meeting regulatory expectations. Tailored for executives and managers, it provides insights to support sustainable decision-making and long-term planning.
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Nov- 2022 -16 NovemberLuxury Goods
Richemont sees sales surge but performance hampered by YNAP loss
Luxury jewellery retailer Richemont has reported strong sales and profit increase for the first half of the year but the performance was overshadowed by the impact of its disposal of Yoox-net-a-Porter (YNAP) The company, which owns brands such as Cartier and IWC Schaffhausen, made nearly €9.7bn (£8.5bn) this half year…
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9 NovemberAdvice
How retailers can win customers in a more challenging climate
As we enter this critical period of the year for retailers, they are faced with a series of new challenges dampening consumer confidence. The impact of inflation with consumers facing real term pay cuts, increased energy costs, surging mortgage bills and now the highest interest rate hike in more than…
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9 NovemberClothing & Shoes
Allbirds sees Q3 profits fall despite strong revenues
US footwear retailer Allbirds, which operates three stores in London and a concession in Selfridges, has revealed its gross profits declined 4% in Q3 to $32.5m (£28.2m), down from $33.9m (£33.9m) the previous year. The decline comes despite it experiencing an uptick in revenues, up 15.9% YoY to $72.7m (£63.3m).…
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Oct- 2022 -27 OctoberNews
Passenger named one of the UK’s fastest growing online companies
Outdoor clothing brand Passenger is gearing up for global expansion as it named one of the UK’s fastest growing online companies. The New Forest company – which plants a tree for every order sold – has seen sales more than quadruple from 2019 to £11 million in 2021 as, driven…
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26 OctoberFeatures
Henderson Technology celebrates three year collaboration with Gander
Innovative reduced food app, Gander, is marking the three-year anniversary of its Northern Ireland launch in partnership with Henderson Technology. At a time, when the cost-of-living crisis is dominating headlines; showing soaring business costs and reduced disposal incomes – this partnership has proven to be a positive solution to reverse…
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13 OctoberSupermarkets
Lidl to trial on-shelf smart refills to help customers save money
Lidl has become the first supermarket in the UK that gives customers access to an on-shelf smart refill machine with ‘smart’ pouches for their laundry detergent, which will feature in Lidl’s Swadlincote, Lichfield and Kingswinford stores. The news of this trial is said to meet Lidl’s commitment to being “big…
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5 OctoberNews
Home brewing beer brand Pinter tops list of the UK’s fastest growing online companies
Home brewing beer brand Pinter has topped a new list of the UK’s fastest growing online companies. Pinter, based in Walthamstow, London, has grown sales by more than sixfold (626%) to almost £6 million as beer lovers save money in the cost of living crisis by serving perfect pints they…
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4 OctoberDepartment Stores
John Lewis doubles down on rental as part of new sustainability pledges
The John Lewis Partnership has doubled down on its pledge to “protect and restore nature” with a set of new sustainability pledges which will also see it develop more rental, resale and return opportunities. It said it comes as climate experts estimate that to limit global warming to the recommended…
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3 OctoberElectrical
Currys confirms third hourly pay increase in 13 months
Currys has announced an additional rise for hourly paid colleagues in the UK by a further 3.5% to £10.35 per hour (£11.43 per hour in London), the third rise in the last 13 months, one month after the latest rise came into effect. In total, Currys said it has increased…
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Sep- 2022 -21 SeptemberAnalysis
Inflation, fast fashion and how to keep shoppers in a recession
According to the Office for National Statistics (ONS), inflation is back in the single digits in August after it rose to worrying heights in July. However, despite its fluctuations, inflation has remained at record-breaking levels, damaging profits for affordable fashion retailers among others in different sectors. According to Fashion Network,…
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