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.
-
Sep- 2022 -14 SeptemberClothing & Shoes
Zara owner Inditex’s H1 sales hit ‘historic highs’
Zara’s owner, Inditex, has announced its sales, income and EBITDA has reached “historic highs” in the first half of 2022 (H1 FY22), with sales growing 24.5% to €14.8bn (£12.8bn) year-on-year. Sales were positive in all “key” geographical areas, and net income increased 41% to €1.8bn (£1.5bn) while gross profits increased…
Read More » -
9 SeptemberComment
Socially conscious consumers can be targeted with better UX
Sustainability may have a new focus: the carbon footprint of digital retailers. In response to the pandemic, more and more brands turned to e-commerce, which now makes up one-fifth of all purchases. On paper, this shift appears positive: less physical footfall and fewer trips to the high street in cars.…
Read More » -
6 SeptemberAnalysis
The other benefit of disposing of ‘best before’ dates on produce
There has been a race among major UK supermarkets to see which can hit their sustainability targets the quickest. Most recently, their sights have been set on scrapping the ‘best before’ dates on fresh produce in order to allow customers to choose for themselves when they think the produce is…
Read More » -
Aug- 2022 -23 AugustPeople Moves
Adidas CEO Kasper Rorsted to step down in 2023
Adidas AG has announced that it has initiated a CEO transition as its current chief executive, Kasper Rorsted, will step down and hand over the position in 2023 in order to “pave the way for a restart”. The search for a succession has started, and Rorsted will remain CEO until…
Read More » -
12 AugustPeople Moves
Primark appoints new chief customer officer
Primark has announced the appointment of Michelle McEttrick to the brand’s newly-created position of chief customer officer. McEttrick will reportedly take on the role as of 19 September with the remit to further develop the brand and customer strategy. The appointment comes as the business continues its expansion across new…
Read More » -
9 AugustAnalysis
How luxury brands are turning to young consumers to boost sales
Despite the cost-of-living crisis having a firm grip on consumers, it seems that luxury brands are finding ways to retain and attract young customers through refreshing their campaigns, diversifying their offering and leaning into sustainable initiatives. Hugo Boss kicked off 2022 with “social-first” campaigns, for example, that made use of…
Read More » -
3 AugustClothing & Shoes
Mulberry profits rise to £21m as revenues jump 35%
British luxury fashion brand Mulberry has posted profits before tax of £21.3m for the 53-week period ended April 2022, up from £4.6m the previous year, as its revenues reflected “strong recovery post Covid-19”. It revealed group revenue increased 32% during the period to £152.4m, with UK retail sales also up…
Read More » -
2 AugustFeatures
Plant Based World Expo offers key to increasing sales
Rise of the Flexitarian The plant-based food market has experienced extreme growth in the past five years, with sales of meat-free and plant-based dairy products roughly doubling. This growth has been accelerated by the pandemic, when improving health became priority number one for many people and reducing intake of animal…
Read More » -
1 AugustNews
Waitrose removes ‘best before’ dates on 500 products to cut food waste
Waitrose has announced it will remove the ‘best before’ dates on nearly 500 fresh products to reduce the volume of food waste occurring in UK households. The removal will come into place from September, and it will include fresh food items such as root vegetables, fruits including grapes, citrus and…
Read More » -
Jul- 2022 -29 JulyClothing & Shoes
Asos, Boohoo and Asda investigated over sustainability claims
The Competition and Markets Authority (CMA) is launching investigations into Asos, Boohoo and George at Asda to scrutinise eco-friendly and sustainability claims made by the fashion brands about their products, including clothing, footwear, and accessories. The move forms part of the CMA’s ongoing investigation into potential greenwashing, and reportedly follows…
Read More »
