Global Retail

‘Europeans want access to American sports’: Lids’ President Britten Maughan on the retailer’s U.K. expansion

Lids announced that it would be expanding to the U.K. for the first time with four new London-based stores. The company's President Britten Maughan talked with Modern Retail about the resonance of U.S. sports across the pond, the importance of personalization in sportswear and future international expansion plans.

Latest Stories

  • NOV 04, 2021

    How Disney is working with retailers to distribute its holiday marketing

    As Disney winds down its own brick-and-mortar footprint, the company is striking more marketing partnerships with third-party retailers. As part of its Christmas merchandising drive, the mouse house is working with 200 companies in Europe, the Middle East and Africa to promote its new seasonal ad campaign across 59,000 stores -- up 50% from last year.

  • NOV 02, 2021

    Why Lowe’s is leaning on professionals to grow holiday sales

    Lowe’s is doubling down on its promotional campaigns for professionals during the holidays as DIY mania fizzles out. The home improvement retailer is launching a pro ambassador program and a “pro toy catalog” designed to showcase its products for small to mid-sized business owners, as the company seeks to generate more sales from Pros over Black Friday.

  • OCT 26, 2021
    Illustration of two hands holding smartphones with a shopping app open.

    Apparel resale marketplaces are under pressure to grow overseas

    Fashion resale marketplaces are circling the globe in pursuit of new customers. This year, U.S.-based Poshmark launched in Australia and India, and rival ThredUp acquired European resale company Remix Global AD. Meanwhile nascent streetwear and luxury goods marketplaces are targeting consumers in Asia and the Middle East by opening up authentication and fulfillment centers in those geographies.

  • OCT 11, 2021

    How Harrods is turning sneaker resale into a bespoke shopping service

    Famed London department store Harrods is embracing luxury streetwear, announcing that it will now be the home of online reseller The Edit LDN’s first sneaker boutique. In Harrods case, the 172-year-old store is pitching sneaker drops as the latest in its repertoire of bespoke services, which span personal shopping to made-to-order curtains and bedlinens to real-estate. 

  • OCT 04, 2021

    Retailers are getting creative to deal with supply chain constraints

    The latest retailer to announce significant changes to its supply chain is Costco, which is leasing three of its own container ships for a one-year period in order to more quickly transport products across the Pacific Ocean. Costco isn't the only major retailer to take that step: in recent months, IKEA, The Home Depot, Walmart and Dollar Tree have all chartered their own containers ships.

  • OCT 01, 2021

    As local competition grows, Nike faces a new reality in China

    Nike is facing a formidable challenge in China from domestic rivals -- including Anta Sports and Li-Ning -- that will outlast its transitory supply chain hurdles. In its recent quarter, the sportswear giant’s sales in the region grew by just 1% over the previous year on a constant currency basis to $1.98 billion. The deflated numbers highlight the difficult local trading environment for overseas brands.

  • SEP 15, 2021

    Why bargain clothing retailer Primark is finally investing in digital

    Bargain clothing retailer Primark is readying a new digital strategy that has ignited rumors of a move into e-commerce, an area it has long ignored in order to keep a lid on costs. The company has said it is building a "digital platform" to "create new digital capability within the business" -- though it has given few details on what the new digital platform will look like.

  • SEP 14, 2021

    Singapore’s Shopee eyes global expansion with a gamified approach to e-commerce

    Southeast Asia’s biggest e-commerce company Shopee is reportedly headed to Poland, India and Argentina — three markets that fit squarely into its focus on rapidly digitizing economies. But the Singapore-based company may have difficulty scaling.

  • SEP 08, 2021

    A bevy of discount European grocers are expanding into the U.S.

    European grocers are testing out U.S. expansion. Alongside successful rollouts, like Aldi and Lidl, are the failed U.S. expansions of British discounter Tesco and Russia’s X5 Retail Group. But these European chains seem to be betting that U.S. demand for small-format, discount chains will only continue to balloon in the coming years.

  • SEP 07, 2021

    Hard seltzer brands flood the U.K. in anticipation of a sales boom

    Hard seltzer witnessed a hot streak in the U.S., accounting for $2.7 billion in retail sales in the 12 months to June last year. But, with the hype now tempering, a number of alcohol brands -- both established and startups -- are hoping to keep growth apace by targeting the U.K.

  • JUN 25, 2021

    ‘The crisis is painful’: Brands are making tough choices because of raw material shortages

    Sourcing everything from cardboard to aluminum cans is likely to remain a headache for consumer brands. The prices of raw materials are continuing to rise -- meanwhile, brands are also having to pay a premium to expedite their products while ports remain congested. Put together, that means that brands are having to buy further out in order to get enough product, and get creative to keep prices low for customers.

  • JUN 14, 2021

    Why Impossible Foods’ viability in Asia is key to its highly anticipated IPO

    After the successful IPOs of Beyond Meat and Oatly, plant-based behemoth Impossible Foods is reportedly preparing to enter the public market -- and Asia is key to its success. “The bigger a footprint Impossible has in the Asian market, the bigger their expected long-term value is going to be,” said one investor. 

  • NOV 09, 2021

    How CPG brands are driving sales and achieving seamless fulfillment

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