retail-trade

Image for Top IKEA retailer says in Davos that tariffs could drive prices higherFinance

Top Ikea Retailer Says in Davos That Tariffs Could Drive Prices Higher

Image for Zalando places public tender offer for About YouFinance

Zalando Places Public Tender Offer for About You

Image for Top IKEA retailer warns tariffs could drive up consumer pricesFinance

Top Ikea Retailer Warns Tariffs Could Drive up Consumer Prices

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

Champagne Shipments Hit by Gloomy Consumer Mood in 2024, Producers Say

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

Zalando Says Its Full-Year Profit to Exceed Own Target

Date: January 15, 2025

(Reuters) - Europe's biggest online retailer Zalando said on Wednesday it expected its profit for 2024 to be above its own forecasts, after marketing-driven customer growth and improved sell-through...

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

Luxury Groups Pin Hopes on US as China Weakness Persists

Date: January 15, 2025

By Mimosa Spencer PARIS (Reuters) - Global luxury goods companies are expected to pull out all the stops this year to persuade U.S. shoppers to splash out on diamond bracelets, quilted leather...

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

UK's Mitchells & Butlers Posts Higher Sales During Festive Season

Date: January 15, 2025

(Reuters) - Britain's pub group Mitchells & Butlers reported higher like-for-like sales in the first quarter of 2025 on Wednesday, helped by strong demand for drinks and food during the Christmas...

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

UK's Next, Tesco and Sainsbury's Are Festive Winners but Sector Slowdown Looms

Date: January 7, 2025

By James Davey and David Milliken LONDON (Reuters) - Britain's largest retailers including clothes group Next and supermarkets Tesco, Sainsbury's and Lidl were the big winners at Christmas, ahead of...

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

Motor racing-Adidas Replaces Puma as Mercedes F1 Partner post-Hamilton

Date: January 7, 2025

(Reuters) - German apparel and footwear brand Adidas will enter Formula One as kit suppliers to the Mercedes Formula One team in a multi-year partnership announced on Tuesday for the new post-Lewis...

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

Alibaba Nears $4 Billion Jv Deal With S.Korea’s E-Mart, Bloomberg News Reports

Date: December 26, 2024

(Reuters) -Alibaba Group is nearing a deal to merge its South Korean operations with E-Mart’s e-commerce platform in a transaction that would value the new joint venture at about $4 billion, Bloomberg News reported on Thursday. The companies are finalizing details of the deal, which could be announced as soon as this week, the report...