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Zara SA
Zara returns to Ukraine following 2-year closure
...It plans to open 20 stores in Kyiv and some cities in the west of Ukraine. Inditex plans to reopen 50 of its 80-plus stores in the country, the company told the Financial Times....
March 1, 2024
InterviewMarks & Spencer Group PLC
Breaking the ‘vicious circle’ of ageing customers: Archie Norman on turning around M&S
...“We’ve not got open road but there’s a lot of space ahead.” “There is lots of room for them to gain market share in clothing, and in food,” said Black at Shore Capital. One key battleground is food....
November 11, 2023
FT Live
FTWeekend Festival: U.S. edition
Where the Financial Times weekend paper comes to life
Saturday, 4 MayThe REACH, at the Kennedy Center for the Performing Arts, F Street Northwest, Washington, DC, USA
Hennes & Mauritz
New boss seeks to make H&M even faster at fashion
...This year it is likely to close more stores than it opens in numbers, but to open more in terms of revenue. It had 4,369 stores at the end of November, down from 5,076 in 2019....
February 4, 2024
HTSI
The jewellery disruptors speak
...Mejuri now has 29 stores globally and attracted 2.4 million customers since its launch....
March 28, 2024
News in-depthJohn Lewis Partnership PLC
How John Lewis and M&S are faring in the battle for Middle England
...The partnership plans to inject more than £2.4bn over the next four years into its operations, funded by internally generated cash flow....
March 16, 2024
Watches & Jewellery
Why Messika is expanding at full throttle
...The global luxury fine jewellery market is valued at $51bn in real terms this year, with the US accounting for $14.4bn (28 per cent) of that total and Asia-Pacific $21bn (40 per cent), according to Euromonitor...
November 17, 2023
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
LVMH
LVMH’s growth weighed down by softening China luxury demand
...Sales also fell year on year in the group’s watches and jewellery division....
April 17, 2024
Greggs PLC
Greggs forecasts sales to double by 2026
...Greggs said its share of the overall “food-to-go” market hit 8.2 per cent, while its share of the food-to-go breakfast market rose to 19.6 per cent, making it the market leader....
March 5, 2024
UnhedgedRobert Armstrong
Is the rally over? Premium content
...A fierce year-end rally that began at the end of October has given way to a wheezing sideways market in January, during which two-thirds of the S&P has had negative price returns and the gains, such as they...
January 22, 2024
Style
What 2024 has in store for luxury
...The sector is still expected to outperform the broader fashion market, which is more susceptible to economic pressures, and which analysts at McKinsey expect will grow between 2 and 4 per cent next year....
December 29, 2023
Casino Guichard-Perrachon SA
Intermarché and Auchan open talks on buying Casino stores
...They have already lost more than 92 per cent of their value so far this year, giving the company a market value of just €90mn today....
December 18, 2023
News in-depthGreggs PLC
Greggs on a roll as low prices and savvy marketing aid rapid expansion
...As its ambitious expansion continues, it expects to open up to 160 new shops this year after 145 new sites in 2023 brought the total to 2,473, more than any other UK food retailer....
March 8, 2024
News in-depthJohn Lewis Partnership PLC
The challenges facing Tesco veteran Jason Tarry at John Lewis
...The retailer also said it would inject more than £2.4bn over the next four years into its operations to accelerate growth, funded by internally generated cash flow, and would open more Waitrose stores and...
April 12, 2024
News in-depthCVC Capital Partners Ltd
How CVC struggled to makeover profits at beauty retailer Douglas
...Van der Laan said Douglas “has not declared stores dead”, with the chain planning to open 200 by 2026....
March 10, 2024
Pandora AS
Danish jewellery chain Pandora confident of bucking luxury slowdown
...Lacik said he expected the jewellery market globally this year to be “negative to slack, at best,” meaning the industry as a whole would see no growth....
November 12, 2023
FT Live
Business Book of the Year Award 2024
The search for the best business book is under way
Monday, 9 December1 Grosvenor Pl, London SW1X 7HJ, UK
Apple Inc
‘Apple is going to war’: US lawsuit adds to iPhone maker’s antitrust woes
...Some app developers have complained about Apple’s new terms and fees, as the DMA forces the company to open up its tightly controlled App Store....
March 22, 2024
Watches & Jewellery
Demand for new styles spurs creativity of men’s jewellers
...Le Louër is planning to open stores in Saudi Arabia and Qatar in the next two years....
November 17, 2023
Watches & Jewellery
Glasgow’s Argyll Arcade: ‘If you make it here, you can make it anywhere’
...The arcade was inspired by the glass-covered Parisian arcades of the same era; the association with watches and jewellery dates from 1887, when James Porter, a clockmaker’s apprentice, chose to open a store...
October 6, 2023
UK retail industry
Surviving UK department stores seek to avoid fate of fallen rivals
...Over the five years to 2023-24, department stores’ revenue is forecast to have contracted at an average annual rate of 2.7 per cent to £35.6bn, according to research group IbisWorld, despite expected growth...
January 5, 2024
Q&AMy First Million
My First Million: Tom Broughton, founder of Cubitts
...It kept the company afloat, allowing Broughton to open his first store in Soho. Turnover has increased from £27,000 in 2014 to £12.5mn in 2022....
February 1, 2024
FirstFT
FirstFT: Elon Musk sues Sam Altman and OpenAI over Microsoft partnership
...The company told the FT it plans to open up to 80 stores across the country. Read more on plans by the world’s biggest fashion group by sales to re-enter Ukraine. 5....
March 1, 2024
HTSIThe HTSI wedding special 2024
The freshest new tailors in London
...Next month, Saman Amel opens its second bricks-and-mortar store (the first is in Stockholm) on Albemarle Street in Mayfair....
April 18, 2024
Watches & Jewellery
Montblanc high-end pens underline its credentials as luxury brand
...A few weeks after launching its latest timepieces at this year’s Watches and Wonders trade fair in Geneva, Montblanc had another presentation in store....
November 17, 2023
FirstFT
FirstFT: Global M&A drought ends as blockbuster deals double in first quarter Premium content
...Futures contracts tied to the value of the Vix index — the so-called fear gauge that measures expectations of near-term swings in the S&P 500 — are pricing in a rise in market stress in the weeks before...
March 28, 2024
The FT ViewThe editorial board
The US brings a landmark case against Apple
...Whatever its outcome, the case will take years to play out....
March 27, 2024

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