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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Mar- 2022 -9 MarchComment
How experiential CX is revitalising in-store retail
The rise of online retail, advances in technology and changes in consumer behaviour have transformed the retail landscape. While this has brought inevitable extinction for many brands, in typical Darwinian fashion, those able to adapt to their new environment continue to thrive. Liz Ward, Head of Sales and Marketing at…
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Feb- 2022 -24 FebruaryOnline & Digital
Gousto finalises new share placing
Gousto has announced that following a successful primary fundraise in January, it has completed a $230m (£171m) secondary placement, led by SoftBank VF2 and introduces Fidelity International, Grosvenor Food and AgTech and Railpen to its share register. Following the recent announcement of a $100m (£74m) primary investment in a fundraise…
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23 FebruaryNews
H&M launches its first STEM programme in the UK
H&M has announced its first STEM (science, technology, engineering and maths) programme will launch in February 2022, in the UK, in partnership with not-for-profit charity Stemettes. The brand said focus of the programme will be ‘sustainability and style’, with participants exploring STEM’s contribution to a more sustainable fashion future through…
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18 FebruaryLuxury Goods
Kering hails ‘record’ revenues of €17.64bn
Kering has reported “record” revenues of €17.64bn (£14.72bn) in FY21, up 35% year-on-year from €13.1bn (£10.93bn) and up 13% from pre-Covid levels of €15.88bn (£13.25bn), with growth across all houses within the company and across all regions. Additionally, Kering achieved “record” operating income, growing 60% year-on-year to €5.01bn (£4.18bn), up…
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17 FebruaryClothing & Shoes
Mango brings forward sustainability targets
Mango has announced that it is bringing forward its sustainability targets after revealing that 80% of all the garments it sells have hit the company’s sustainability goal. In just one year, Mango has almost doubled the percentage of sustainable garments in its total production. The company, one of the leading…
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15 FebruaryNews
Dunelm launches 3-year partnership with the Natural History Museum
British homewares retailer Dunelm has announced the launch of a new collection as part of a three-year collaboration with the Natural History Museum. The new collection will offer a range of “exclusive” homewares, all designed and produced in collaboration with the Museum and reflecting its “ethical and sustainable”, for example…
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10 FebruarySupply Chain
Retailers cancel £7.1bn in contracts over ethical concerns
UK retailers cancelled £7.1bn in contracts over the last 12 months over concerns about suppliers meeting “stringent” ethical and sustainable standards, new research from Barclays reveals. The latest report from Barclays Corporate Banking, ‘Reshaping retail: how ethics and sustainability are changing retail’s ecosystem’, found that the pandemic and an increasing…
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9 FebruaryDIY
Dunelm hails ‘record’ trading as sales surge 10%
Dunelm has announced its sales rose by 10.6% year-on-year from £719.4m to £795.6m in the 26 weeks ending 25 December 2021 (H1 FY22), up 36% from pre-Covid levels. The group also reported “record” pre-tax profits of £140.8m, rising 25.3% year-on-year from £112.4m and up 68% from £83.6m in H1 FY20.…
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7 FebruaryFeatures
Rising from the ashes: How retailers can come back even stronger in 2022
If 2020 was the year of unprecedented events, then 2021 was the year of the aftermath. Even at the beginning of the year, when we hoped the worst of the pandemic was over, lockdown restrictions stopped many retailers and brands in their tracks. For those with a physical-only presence, the…
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7 FebruaryOnline & Digital
MusicMagpie expands service amid subscription economy boom
MusicMagpie has announced that it has expanded its rental subscription service to offer new product categories that include tablets, games consoles and MacBooks, as the subscription economy continues to witness a boom across the UK. Having launched in October 2020, its smartphone service has reportedly attracted around 13,500 active subscribers…
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