German online retailer Home24, which aims to challenge IKEA’s dominance of the European furniture market, accelerated sales and trimmed losses in the fourth quarter after sources said it is considering a stock listing.
Dunnes, the Irish department store chain, has closed all its Scottish shops and its second-last remaining store in England, effectively leaving the British market amid concerns of rising costs after Brexit.
While UK shopping mall giants Hammerson and Intu are accelerating towards their planned merger, the plans could be impacted by the arrival of Klepierre, with reports emerging that it made a bid for Hammerson this month.
The fashion world and the British press is all abuzz about who will design Meghan Markle's wedding dress and as a result, get all the bonus publicity (and sales spike) that attiring the royals always brings.
Inditex had another good year in 2017, despite exchange rates denting its margin slightly. But its omnichannel focus drove it to higher sales and profits, and its new COO has been tasked with maintaining that momentum