Turkey

Mango turnover tops €3.3bn in 2024 amid record investment

Mango has hailed its “excellent” full-year results after turnover rose by 7.6% to €3.3bn (£2.8bn) in 2024, while net profit…

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British retailers search for import solutions amid US tariff chaos

British retailers are looking for ways to navigate recent import changes in the US amid ongoing “chaos and uncertainty” over…

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Abaci selects London Designer Outlet for first UK store

Turkish womenswear retailer Abaci has chosen London Designer Outlet (LDO) for its first physical UK store after agreeing a 2-year…

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Today’s news in brief-16/12/24

Isak Andic, founder of the global fashion retailer Mango, has died at the age of 71 following a tragic hiking…

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Getir shareholders to split business in two amid UK market exit

Getir’s shareholders have reportedly backed a restructuring that means the Abu Dhabi state fund Mubadala will inject an investment of…

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Mango appoints Mango Home director amid homeware expansion

Mango is strengthening its homeware line with the appointment of Nuria Font as the new director of Mango Home. Font,…

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Getir investors injects more cash to fund UK and Europe exit

Getir investors are reportedly set to inject more funds into the company to terminate its operations in the UK and…

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Getir mulls asset sales amid restructuring talks

Grocery delivery app, Getir, is reportedly considering a number of asset sales as part of restructuring talks, according to Sky…

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Zara owner expands budget brand Lefties in bid to rival Shein

Zara owner Inditex is reportedly expanding its low-priced, Gen Z-focused brand Lefties in a bid to be competitive against fast…

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Avon to open its first UK physical stores

Avon has announced that it is set to open physical stores in the UK for the first time in its…

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