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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Apr- 2022 -21 AprilClothing & Shoes
Hugo Boss to launch premium resale platform
Hugo Boss is set to launch its premium resale platform in the third quarter of 2022 where customers can buy pre-owned items. It will first be launched in France, with the platform planned to expand to Germany, the UK, and the US in 2025. The platform, ‘Hugo Boss Pre-Loved’ will…
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20 AprilNews
M&S’ Oxford Street demolition blocked by Government
Marks and Spencer’s (M&S) plans for the demolition of its Marble Arch flagship on Oxford Street has been paused by Michael Gove so that ministers can scrutinise the plans. According to the Evening Standard, the communities secretary blocked the plans using an Article 31 holding direction, meaning the local authority…
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8 AprilHigh Street
Selfridges unveils ‘shop of the future’ concept store
Selfridges has announced its new “shop of the future” concept, ‘Supermarket’, a four-week retail experiment at The Corner Shop in its Oxford Street store. By experimenting with new ideas and models, Selfridges said it “will examine future shopping habits, with the aim of opening a conversation around consumption and physical…
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Mar- 2022 -31 MarchHigh Street
Oxford Street launches sustainability awareness campaign
Oxford Street has announced its new sustainability awareness campaign, Beyond Now 2022, during April, the month that the nation comes together to mark Earth Day. In its second year, Beyond Now will showcase the “ever-evolving journey that some of the UK’s brands are on to create a brighter future for…
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30 MarchDIY
IKEA to close Tottenham store, putting 450 roles at risk
Ikea has announced the proposed closure of its Tottenham store in Edmonton, North London, placing the jobs of 450 co-workers at risk. The announcement forms part of the business’ £1bn transformation plan to further invest in London over the next three years to “better meet the needs” of its customers.…
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17 MarchComment
Embracing trends to keep retail supply chains moving
Although it’s increasingly challenging to predict the full impact of global events on supply chains, one of the most influential factors affecting the movement of goods is consumer trends and how changing behaviours can alter retail operations. With the right data and strategy, it’s possible to get an accurate view…
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17 MarchClothing & Shoes
Prada FY21 revenues spike 41% to €3.36bn
Prada S.p.A has reported its revenues increased 41% year-on-year to €3.36bn (£2.82bn) in the full year ending 31 December 2021, also up 8% from pre-Covid levels. The group’s net income hit €294m (£246.4m) and EBIT grew to €489m (£409.83m). Prada also revealed its online sales surged 61% year-on-year, five times…
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16 MarchClothing & Shoes
Clarks appoints former New Balance lead as CEO
Clarks has appointed Jonathan Ram as its new CEO, with Ram set to join the business next month. He brings with him extensive footwear and apparel leadership experience. He was most recently group president of Global Activewear at HanesBrands, Inc., where he led the growth of the activewear business across…
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14 MarchClothing & Shoes
Yoox Net-A-Porter unveils luxury menswear resale service
Yoox Net-A-Porter has announced the launch of its new dedicated luxury resale service for menswear, Mr Porter Resell, as part of the next phase of the company’s resale strategy. Yoox Net-A-Porter, which comprises Mr Porter, Net-A-Porter and The Outnet, launched the service to enable customers to resell their designer items…
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11 MarchClothing & Shoes
Mango reports highest profit in decade
Mango has closed FY21 with the highest profits in almost a decade, with a net profit of €67m (£56m), triple the €21m (£18m) reported pre-pandemic in 2019. The fashion retailer said its latest results “brings an end to the disruption of 2020”, as the group returned to profit and welcomed…
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