Present in 74 markets, H&M’s global operation makes the challenge of dealing with COVID-19 all the more harder, ensuring the pandemic is a true baptism of fire for new CEO Helena Helmersson.
Group Q1 sales growth of almost 8% is impressive against a tough comparative, especially as its performance was dragged down by China – its second largest market in...
As the coronavirus (COVID-19) pandemic leads to shortages of personal protective equipment (PPE) worldwide, a number of fashion retailers and manufacturers are mobilising their production facilities and supply chains to help fill the void.
Beth Wright, Apparel Correspondent for GlobalData, comments: “As citizens and healthcare workers alike try to protect themselves from the virus, global stocks of essential goods such as...
Brits are set to spend £902 million on Easter this year, according to shopping comparison site finder.com. However, this is a decrease of £198 million from last year’s £1.1 billion.
This is because the average person in the UK intends to part with £27.66, a fall of £2.48 (8%) from £30.14 in 2019.
Over three fifths (62%) of Britain's population plan...
Sustainability was the buzz word of 2019 and would have continued to increase in prominence in 2020. However, the global outbreak of coronavirus (COVID-19) will bring progress to a halt, according to GlobalData, a leading data and analytics company.
Emily Salter, Analyst at GlobalData, comments: “Making changes to materials, logistics and production processes to improve the sustainability of products and...
Since the UK Government enforced stores to close for the foreseeable future, many non-food retailers hoped that customers would divert spend onto their online channels. However, last week, Next - the UK’s third largest clothing retailer - announced that it was prioritising the safety of its employees by closing its distribution centre. As a result, many retailers may now...
Parcel delivery firm DPD says it expects food and NHS deliveries to increase rapidly in the coming weeks, following a new tie up with supermarket giant Morrisons and additional deliveries to hospitals and other health sector locations.
The news follows the Department for Transport's (DfT) clarification that the work of the logistics sector is essential and should continue during the...
Retail giant GO Outdoors has temporarily rebranded and launched a video urging consumers to stay at home and protect the NHS, with the Met office predicting warmer and drier weather this weekend and the Prime Minister urging Brits to stay at home. This follows Department for Transport figures showing a ‘concerning’ rise in car use earlier this week.
The UK’s...
This week Superdrug has introduced a new same-day courier service to meet the urgent needs of customers during the COVID-19 pandemic. The retailer, which supplies customers with over one million healthcare products a week, is offering the service to customers within an 8 mile radius of over 300 Superdrug stores.
Matt Walburn, eCommerce Director at Superdrug says: “The courier service...
Independent online retailers in the UK are taking, on average, 23% more orders this March than in 2019, according to new data from James and James Fulfilment. Essentials such as health supplements and store cupboard ingredients have seen triple-digit growth in orders between the last week of February and third week of March.
There is not only increased demand for...
Ted Baker, the global lifestyle brand, today announces the appointment of Rachel Osborne as Chief Executive Officer.
Rachel, whose appointment will be effective immediately, has more than 20 years' of relevant brand and retail sector experience. She joined Ted Baker as Chief Financial Officer in November 2019, before being appointed as Acting Chief Executive Officer in December 2019.
Rachel joined Ted...