Sportswear giant Adidas has reported double-digit growth across all regions over the last year, encouraging the brand to upgrade its profitability targets. Net sales for the retailer rose 14.8 per cent to €21.2 billion (£18.8 billion) while gross profits rose 17.6 per cent to €10.1 billion (£8.96 billion).
Congratulations on the launch of Houzz Shop in the UK! We’re very excited! Houzz focuses on creating the best home renovation and design experience by bringing everything people need to improve their homes together under one roof. With the Houzz Shop in the UK, people can discover, learn about, and now buy all the products and materials to complete their home projects directly on Houzz. We already have more than 100,000 products and materials from over 2500 sellers from across Europe for purchase directly on the Houzz site and app, and we’re adding more
Sephora is making a move that will step up its digital presence across Europe.
Lego's sales fell last year for the first time since 2004 as the Danish toymaker struggled with tough retail markets in Europe and North America.
TM Lewin has appointed New Look’s former international managing director Sven Gaede as its new chief executive. This means Geoff Quinn, who has been chief executive since 1993, will become chairman and continue to be an active board member of the menswear retailer
The breakfast event coming up on March 13 looks great! We attend so many conferences and while personalisation is always a topic, few brand marketers get up on stage and reveal the secrets to their success. They often speak in broad strokes without giving the specific details regarding what was implemented, what they tested that worked (or failed), and where they are going next. We’re excited to be able to share true success stories with specific details on which brands are doing what right now.
Westfield Corporation has insisted that Unibail-Rodamco’s proposed £18.5 billion takeover was on track amid a rise in sales, profit and footfall in its annual report. In an investor call, co-chief executive Peter Lowy reaffirmed that the board and the Lowy family were “committed to this transaction” and that there was “no plan B”. Lowy added he was confident the proposed deal would become a reality, despite speculation over its fate after currency volatility and sharemarket volatility hitting valuations
Just days after opening its first international store in Ireland, Yours Clothing is now poised to set foot on mainland Europe as part of its ongoing expansion strategy. The plus size womenswear retailer opened a 4700sq ft shop in The Square shopping centre in Tallaght, Dublin, this week, making it Yours Clothing’s international own store debut
June 19-June 21, 2018 Queen Elizabeth II Conference Centre, London Europe’s Omnichannel & Retail eCommerce Conference. eTail is where the top minds in retail meet, collaborate and learn about what’s disrupting the industry today and what’ll change tomorrow
Amazon has reached a deal with French tax authorities to pay €200 million over a case brought against it over five years ago. The settlement related to a tax dispute stretching back as far as 2012, in which Amazon was asked by the French authorities to hand over €200 million in non-reported tax and penalties for earnings made between 2006 and 2010. READ MORE: Amazon enjoys best ever year with record profits and sales During this period Amazon’s European revenues were going through Luxembourg, meaning it paid less corporate tax