United Kingdom
Burberry grows in the third quarter
The UK-based group reported a 3% year-on-year growth in comparable sales in the third quarter of the 2026 fiscal year, thanks to solid performance in the Asia-Pacific and Greater China regions
US threatens tariff hikes on eight European countries over Greenland dispute
President Donald Trump announced that the US plans to impose additional tariffs on imports from eight European countries, citing a dispute over Greenland as the reason
British Footwear Association announces CEO departure
The British Footwear Association (BFA) has announced that Richard Shetliffe will step down from his role as Chief Executive Officer in early June 2026. The search for his successor is underway
JD Sports to enable direct purchases through AI platforms
The sportswear retailer has announced that its US customers will be able to use AI platforms to search for and purchase sports footwear, apparel, and accessories without having to leave the interfaces
Marubeni strengthens lifestyle brand platform with Jacobson acquisition
As part of a strategic push to develop its scalable lifestyle brand business platform, the Japanese conglomerate Marubeni has acquired the multi-brand footwear owner Jacobson Group Limited
ABF warns on profits as Primark faces tough start to the year
Associated British Foods has revealed that it expects profits to be lower than last year. Primark has had a challenging start to the year, with improvements in UK trading offset by weakness in continental Europe
UK retail sales fall in December as Christmas boost fails
BDO’s latest High Street Sales Tracker shows that discretionary retail sales fell by 1.4% year-on-year in December, representing the weakest monthly performance since November 2024
Next raises profit forecast on strong Christmas sales
The UK-based fashion retailer has reported strong and better-than-expected Christmas trading results, prompting it to raise its full-year profit forecast
Footasylum to expand across the Gulf region
The UK-based retailer has partnered with Dubai-based Apparel Group in support of its first major expansion into physical retail outside the UK. This move marks the company’s entry into the Gulf market
Retail Flash: insights from key footwear markets
Explore the main retail dynamics across France, Germany, Japan, the Netherlands, the UK, the US and Spain based on our latest Retail Flash reports, highlighting that e-commerce expansion and import pressures continue to reshape retail across Europe, while stronger sales growth occurs in Japan and in the US
Dr. Martens reports narrower losses in the first half
The UK-based footwear company has narrowed its first-half losses as revenue has risen slightly and full-price sales have strengthened, thanks to the early success of its consumer-first strategy
UK Retail: fashion rebounds despite pressure on footwear spending
Since May, the UK’s textile, clothing, and footwear (TCF) sector has regained momentum, outperforming the total retail sector and benefiting from increased online demand. But this rebound masks underlying weaknesses in the footwear sector: consumer spending remains low amid persistent price deflation, and imports have fluctuated significantly as retailers adjust stock levels in response to volatile demand. With inflation still above the target rate and the Budget looming, the retail sector has entered the Golden Quarter with improved sales but constrained by economic uncertainty and cautious consumer behaviour
JD Sports lowers full year outlook amid challenging market conditions
Despite reporting a solid performance in the third quarter, the UK-based sportswear retailer has lowered its full-year profit outlook in light of recent weak macroeconomic and consumer trends
Burberry shows signs of recovery
A 2% year-on-year increase in comparable sales in the second quarter of its financial year was reported by the UK-based luxury group. Growth in Greater China also resumed during this period
AB Foods weighs split between Primark and food divisions
After reporting a 13% full year adjusted operating profit decline, driven by the weak performance of its sugar unit, Associated British Foods has announced that it is considering splitting its Primark and food divisions-
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