Yinuoda NO.14 Store

Prada’s Patrizio Bertelli on plans for €1bn retail investment

...“I’m not saying ecommerce platforms will no longer exist, they will,” clarifies Bertelli. “But retail stores will become experiential spaces that bring people together.”...

March 7, 2024

High frequency trading

High-speed trader XTX to build vast data centre in Finland

...By comparison, the EU’s Leonardo supercomputer has nearly 14,000 GPUs, capable of doing 174mn bn calculations per second when it was unveiled in 2022....

April 12, 2024

FT Live

Business of Luxury Summit

Gathering leaders in luxury for the 20th year

John Gapper

Convenience stores should make more of themselves

...If ageing societies can no longer support all the post offices, libraries, banks and stores they once did, why not combine them?...

February 16, 2024

Investments

Investors’ Chronicle: Associated British Foods, Mobico, Warpaint London

...Net cash before lease liabilities climbed 14 per cent to £668mn....

April 26, 2024

Greggs PLC

Greggs forecasts sales to double by 2026

...The company said the expansion of its evening trading offerings had boosted sales, with 1,200 stores now open until 7pm or later....

March 5, 2024

News in-depthSephora SA

LVMH-owned Sephora seizes on ‘lipstick effect’ as it aims for €20bn sales goal

...The answer is no. Am I concerned? The answer is also no,” he said....

March 5, 2024

FT Live

Future of Retail

Securing long-term business growth with technology innovation

John Gapper

Rolex has ended up in a Peruvian pile of bling

...There is no avoiding it in a liquid secondary market, even if stores are tightly controlled. When Rolexes are the best-known pieces in a Peruvian pile of bling, watch out....

April 5, 2024

Wilkinson Hardware Stores

PwC confirms Wilko to close remaining 300 stores

...Employees would be asked to work two extra days after the stores had closed and some staff would also stay on at the distribution centres for up to 14 days as operations were wound down, the GMB said....

September 11, 2023

Personal Finance

Investors’ Chronicle: Shoe Zone, Games Workshop, Taylor Wimpey

...Investors rarely respond well to a CFO resignation, so it was no surprise that the shares nudged downwards despite there being no apparent negative reason for the move....

January 12, 2024

Leo Lewis

Oodles of noodles: how a global favourite became an economic red flag

...By the end of 2022, both the US and UK consumption of instant noodles had risen 14 per cent over five years....

March 14, 2024

Person in the News

Sabato de Sarno, the designer who must turn around Gucci

...And while critical reception has been mixed, the small amount of De Sarno’s work that has hit stores has been well received....

March 23, 2024

HTSIHTSI autumn design special 2023

Into the Brudnizki-verse: the Swedish super-designer unveils his first store

...Over the years, there has been no shortage of design peers keen to work with Brudnizki, who has never been afraid to experiment....

October 9, 2023

The Big Read

The financier turning China’s noodle joints and karaoke bars into a data gold mine

...Micro Connect says its financing terms are set to reflect the risk that if a store goes bust it receives no more payments....

February 5, 2024

LexBurberry Group PLC

Burberry: turnaround play requires a rain check

...Translating fashion kudos into higher prices and better margins, though, is no catwalk....

November 16, 2023

Special ReportSustainable Food and Agriculture

The fight against food deserts in the US south

...More recently, she has been among those campaigning against dollar stores. Though she is ultimately optimistic about ending food security, she acknowledges that there are no easy solutions....

January 25, 2024

FT Live

Due Diligence Live

Where leaders in investment and finance meet

LexDollar General Corp

Dollar General: rural America is no longer a gold mine Premium

...Including Thursday’s 14 per cent decline, General Dollar shares have lost more than 45 per cent of their value this year....

August 31, 2023

LexGold

Gold: the consequences of war are shock and Au Premium

...Over the first 9 months of 2023, they have bought 14 per cent more gold than in the same period of the previous year....

November 27, 2023

HTSI

How Emily Weiss is fixing Glossier

...The Covent Garden store, in London, next door to Apple, is the brand’s most successful....

January 31, 2024

Inside BusinessKana Inagaki

Are Japan’s managers ready for the revival of trade unions?

...Last summer, department store staff at Seibu went on strike for the first time in more than 60 years....

February 28, 2024

FT SeriesHTSI spring menswear special 2024

The Dunhill creative director’s black book of style

...I’ve wanted to work in fashion since I was about 14. My father was going on a business trip to New York and took my brother and me. We were each allowed to pick one place to go....

March 8, 2024

Watches & Jewellery

Designer democracy acts as draw for Dover Street Market

...The customer could be a 14-year-old sneaker collector whose stamping ground is the store’s T-shirt and trainer-focused basement, but whose next step might be a 13 Lucky Monkey £330 Medea Gorilla ring or...

November 17, 2023

Due Diligence

Biden and Sunak meddle in two big deals Premium

...A $14.9bn deal gets thwarted by the White House Nippon Steel’s largest-ever acquisition — a proposed $14.9bn deal to buy US Steel — is melting away....

March 14, 2024

FirstFT

FirstFT: Joe Biden to intervene in $15bn steel deal

...Joe Biden is preparing to oppose Nippon Steel’s proposed $14.9bn purchase of US Steel, a move that is likely to upset one of Washington’s closest allies but delight key voters in the rustbelt....

March 14, 2024

FirstFT

FirstFT: Meta rewards investors with first dividend and $50bn buyback

...Department stores: The luxury establishments may be no more resilient to the trends ravaging the high street than any other ordinary retailer, writes Sam Jones....

February 2, 2024

FT GlobetrotterFT Globetrotter’s month-by-month guide to what’s on in our cities

What’s happening in Paris: FT Globetrotter’s month-by-month guide to 2024

...September 24 to January 19 2025; further information here Events Paris Design Week The fair celebrating l’art de vivre this year promises “new concept stores, staged window displays, vernissages, stores...

February 7, 2024

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