UK Retail News Roundup: Job Cuts, Store Demolition Plans, and Tax-Free Shopping Impact
John Lewis Partnership denies reports of additional job cuts and management restructuring, stating their changes aim to improve operational...
EMEA
Under Armour Strengthens EMEA Operations with Franck Denglos Appointment
In a major move, sports apparel giant Under Armour has appointed Franck Denglos as Vice President of Commercial for...
Skechers Reports Record Q1 Sales and Wholesale Revival
**Lead:** Skechers surprises with a strong quarter, fueled by product innovation and global growth, as the company's wholesale revenue...
Shopify Shuffles EMEA Leadership Team for Expansion and Growth
Shopify announces changes in its EMEA leadership team to drive growth across the region, with Emilie Benoit-Vernay as director...
Under Armour Reports Decline in Profits and Revenue Amidst Mixed Retail Environment
Under Armour reports a 25% drop in operating income to $70 million for Q4, with revenues down 6% to...
Frasers Exits SportScheck Deal, Targets Acquisition Amid Insolvency
In a surprising turn of events, Frasers has withdrawn from its agreement to acquire German sports retailer SportScheck after...
Frasers Group Expands Retail Portfolio with Multi-Fascia Store and Largest Everlast Gyms
In a major expansion move, Frasers Group has opened a massive 50,000 sq.ft multi-fascia store at Metrocentre, Gateshead, housing...
Under Armour’s Q1 Revenues Dip 2%, International Business Grows Amid Challenges
Under Armour's first-quarter revenues dropped 2% to $1.3 billion, despite a 12% increase in international sales. The company's North...
Under Armour Expands with New Brand House on Oxford Street
Under Armour has opened its latest Brand House on London's iconic Oxford Street, marking another step in their strategy...
VF Corp’s Revenues Dip Amid Challenging Consumer Environment
In the face of a challenging consumer environment, VF Corp's revenues dipped 2% to $11.6bn for FY23, with The...