Three
This coverage explores Three’s strategy, operations, and presence in the UK mobile and retail market. Reporting highlights store activity, financial results, network developments, partnerships, and leadership moves. Aimed at retail executives, category managers, and planners monitoring telecom retail trends, competitive positioning, and consumer demand for mobile services.
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Sep- 2023 -18 SeptemberPeople Moves
Lululemon adds Shane Grants to its board
Lululemon Athletica has announced the appointment of Shane Grant to serve on its board of directors, effective 1 November 2023. Grant has been the group deputy CEO, CEO Americas and EVP Dairy, Plant Based and Global Sales at Danone, a leading global food and beverage company, since January of 2023.…
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1 SeptemberClothing & Shoes
Lululemon sales rise 18% to $2.2bn in Q2
Athletic wear brand Lululemon has reported an 18% rise in sales to $2.2bn (£1.74bn) in Q2 2023. Gross profit was up 23% to $1.3bn (£1.03bn) and gross margin increased 230 basis points to 58.8%. Additionally, income from operations increased 19% to $479.3m (£378.02m) and adjusted income from operations increased 23%.…
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Aug- 2023 -2 AugustClothing & Shoes
Scamp and Dude to open stores in Edinburgh and London
The independent fashion brand, Scamp and Dude, has announced its expansion with two new stores in Edinburgh’s St James Quarter and London’s Battersea Power Station, which are due to open this September. This follows a year of “exponential” growth for the brand after the retailer launched its flagship store in…
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Mar- 2023 -31 MarchClothing & Shoes
Toys R Us owner amongst potential bidders for Hunter
The owner of Toys R Us, WHP Global, is reportedly one of several potential buyers eyeing a takeover of iconic footwear brand, Hunter Boots. According to Sky News, Marquee Brands, the owner of Ben Sherman, and Baozun, a Chinese e-commerce group which owns Gap’s Greater China operations, have also expressed…
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30 MarchNews
Lululemon revenues increase 30% in FY22
Lululemon’s full-year net revenues have increased by 30% to $8.1bn (£6.6bn), the athleisure company has revealed in its FY22 statement. Gross profit amounted to $4.4bn (£3.5bn) in 2022 compared to $3.6bn (£2.9bn) the previous year although adjusted net income resulted less than 2021, with $854m (£691m) compared to $975m (£789m).…
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29 MarchFeatures
Brendan McDowell: ‘Online marketing has been huge’
Can you tell us a little bit about your background in cosmetics and what led you to start this company? I worked for LivingSocial for five years, working with a lot of beauty salons. At the time, I noticed that there was a gap in the market for really strong…
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3 MarchClothing & Shoes
Ted Baker owner considers Hunter Boot bid
Owner of Ted Baker and Reebok Authentic Brands Group (ABG) is reportedly weighing up a move to acquire Hunter Boot, according to Sky News. It is unclear how serious ABG are about bidding for the footwear company which holds a royal warrant for footwear. The business is up for auction…
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Feb- 2023 -8 FebruarySupermarkets
Sainsbury’s unveils Black founder-led brands amid £1m incubator success
Sainsbury’s has announced the first three Black founder-led brands to be hitting shelves this year after being selected to take part in Thrive with Sainsbury’s – its £1m incubator programme. Sainsbury’s launched Thrive with Sainsbury’s last summer – a free 16-week programme with a £1m commitment to supporting Black founder-led…
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Dec- 2022 -16 DecemberEconomy
Consumer confidence remains at ‘historic lows’ in December
GfK’s Consumer Confidence Index increased by only two points in December to -42, with confidence still sitting at “historic lows”. This marked the eighth month in a row in which the Index has remained at around -40 or lower, the first time this has happened since the GfK’s records began…
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Sep- 2022 -2 SeptemberClothing & Shoes
Lululemon lifts FY22 outlook as profits hit $7.86bn
Lululemon has raised its FY22 outlook, with revenues expected to be in the range of $7.86bn (£6.8bn) to $7.94bn (£6.87bn), representing a three-year annual growth rate of 26%. Revenues for Q3 are also expected to be in the range of $1.78bn (£1.54bn) to $1.8bn (£1.56bn), representing a three-year annual growth…
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