Investing
Hugo Boss says it won’t reach 2025 revenue, profit targets; shares slip
By Linda Pasquini and Ozan Ergenay (Reuters) –Hugo Boss‘ on Tuesday reported that its third-quarter...
5th November, 2024
retail trade
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Business
UK’s ASOS battling for turnaround in tough market
By Sarah Young LONDON (Reuters) -Britain’s ASOS said it was confident it would return to growth in 2...
5th November, 2024
Business
Primark expecting a good Christmas, says parent’s boss
By James Davey LONDON (Reuters) – Budget clothing retailer Primark is expecting to trade well in the...
5th November, 2024
Business
Zalando sales and profit margin rise on stronger demand
By Linda Pasquini and Helen Reid (Reuters) -Zalando on Tuesday reported a higher profit margin for t...
5th November, 2024
Investing
UK’s ASOS forecasts profit jump in 2025
LONDON (Reuters) – British online fashion retailer ASOS said it expected adjusted earnings to rise b...
5th November, 2024
Business
French supermarket group Auchan planning to cut more than 2,000 jobs, media reports say
PARIS (Reuters) – French supermarket retailer Auchan is planning to cut more than 2,000 jobs, report...
5th November, 2024
Trading
UK consumer spending slowed before last week’s budget, retailers say
LONDON (Reuters) – British consumer spending grew only modestly last month as uncertainty in the run...
5th November, 2024
Business
Shein’s European entity reports 68% sales growth in 2023
By Helen Reid LONDON (Reuters) -Sales by Shein’s Ireland-registered entity Infinite Styles Ecommerce...
5th November, 2024
Business
Burberry shares jump on Moncler bid report
(Reuters) -Burberry shares rose as much as 8% on Monday after a media report said Italian luxury out...
4th November, 2024
Business
Britain’s Sainsbury’s extends Aldi price match scheme to convenience stores
LONDON (Reuters) – Sainsbury’s said it has become the first UK supermarket group to extend a scheme...
4th November, 2024
Top Stories
Temu considers joining European anti-counterfeit group
By Helen Reid LONDON (Reuters) -Chinese online retailer Temu is considering joining a group of ecomm...
31st October, 2024
Business
Temu to be investigated by EU tech regulators over sale of illegal products
By Foo Yun Chee BRUSSELS (Reuters) – Chinese online retailer Temu will be investigated on whether it...
31st October, 2024