retail trade

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Image for Top IKEA retailer warns tariffs could drive up consumer prices
Finance

Top IKEA retailer warns tariffs could drive up consumer prices

DAVOS, Switzerland (Reuters) - For budget furniture retailer IKEA, the fewer trade tariffs there are...

20th January, 2025

Image for Champagne shipments hit by gloomy consumer mood in 2024, producers say
Finance

Champagne shipments hit by gloomy consumer mood in 2024, producers say

PARIS (Reuters) - French champagne shipments fell by nearly 10% last year as economic and political...

19th January, 2025

Image for Zalando says its full-year profit to exceed own target
Finance

Zalando says its full-year profit to exceed own target

(Reuters) - Europe's biggest online retailer Zalando said on Wednesday it expected its profit for 20...

15th January, 2025

Image for Luxury groups pin hopes on US as China weakness persists
Finance

Luxury groups pin hopes on US as China weakness persists

By Mimosa Spencer PARIS (Reuters) - Global luxury goods companies are expected to pull out all the s...

15th January, 2025

Image for UK's Mitchells & Butlers posts higher sales during festive season
Finance

UK's Mitchells & Butlers posts higher sales during festive season

(Reuters) - Britain's pub group Mitchells & Butlers reported higher like-for-like sales in the first...

15th January, 2025

Image for UK's Next, Tesco and Sainsbury's are festive winners but sector slowdown looms
Finance

UK's Next, Tesco and Sainsbury's are festive winners but sector slowdown looms

By James Davey and David Milliken LONDON (Reuters) - Britain's largest retailers including clothes g...

7th January, 2025

Image for Motor racing-Adidas replaces Puma as Mercedes F1 partner post-Hamilton
Finance

Motor racing-Adidas replaces Puma as Mercedes F1 partner post-Hamilton

(Reuters) - German apparel and footwear brand Adidas will enter Formula One as kit suppliers to the...

7th January, 2025

Image for Alibaba nears $4 billion JV deal with S.Korea’s E-Mart, Bloomberg News reports
Uncategorized

Alibaba nears $4 billion JV deal with S.Korea’s E-Mart, Bloomberg News reports

(Reuters) -Alibaba Group is nearing a deal to merge its South Korean operations with E-Mart’s e-comm...

26th December, 2024

Image for Punters throng London’s historic Christmas meat auction
Top Stories

Punters throng London’s historic Christmas meat auction

By Yann Tessier LONDON (Reuters) – Meat traders flung cheap turkeys to the highest bidders in a publ...

24th December, 2024

Image for Polish e-commerce Allegro’s unit sues Alphabet for $568 million
Business

Polish e-commerce Allegro’s unit sues Alphabet for $568 million

By Mateusz Rabiega GDANSK (Reuters) -A subsidiary of Polish e-commerce platform Allegro filed a laws...

24th December, 2024

Image for Seeing low-income consumers squeezed, retailers target $10 and under gifts
Business

Seeing low-income consumers squeezed, retailers target $10 and under gifts

By Jessica DiNapoli NEW YORK (Reuters) – Retailers including Target and Walmart are stocking shelves...

20th December, 2024

Image for UK retailers report gloomy run-up to Christmas, CBI says
Business

UK retailers report gloomy run-up to Christmas, CBI says

LONDON (Reuters) – British retailers reported a weak run-up to the Christmas holidays with sales fal...

20th December, 2024