7 May 2019
  
Highlights
 
Companies
London leads opening of global luxury stores
May 2, 2019 / United Kingdom
Despite the current challenges within the UK retail market, London took the global top spot for luxury store openings in 2018, according to research from international real estate advisor Savills   
 
World
Hungary retail sales grew by 4.9%
May 7, 2019 / Hungary
The country's retail sales growth slowed in March, but the pace remained robust, with data from the Hungarian Central Statistical Office showing a 4.9% growth rate in the month   
 
Companies
Gucci's new strategy to connect with millennials
May 1, 2019 / Italy
The Italian luxury brand of fashion and leather goods is opening 6 call centres. The aim of the strategy is to better interact with high-spending millennials engaging them with the brand   
 
Companies
Good quarter at Under Armour elevates outlook
May 6, 2019 / United States
The Baltimore-based sportwear giant reported first quarter results with revenue up by 2% (3% in currency neutral). Good performance in the quarter resulted in updated 2019 full year outlook   
 
Companies
Best quarter ever for Puma
May 6, 2019 / Germany
Puma's sales growth continued in the first quarter of 2019. Sales rose by 15.3% currency-adjusted to 1 319.3 million euros (+16.6% reported) compared to 1 131.1 million euros last year. CEO announces best quarter ever   
 
Companies
INLU, 100% Portuguese
May 7, 2019 / Portugal
INLU was first conceptualized in 2017 by a small creative team of women with backgrounds in business and fashion, sharing a common goal to create a new generation of bold and comfortable footwear easily fittting with unique styles   

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