retail-trade
Top StoriesLondon Stocks Extend Losses on Global Economic Gloom, Wh Smith Slides
Top StoriesFrench Prices to Stay High Till March -Les Mousquetaires Grocery Chain
Top StoriesWatches of Switzerland Shares Slide After Rolex Buys Bucherer
Top StoriesBritish Consumers Curb Their Shopping in Rainy July
Nike V. Adidas: Soccer World Cup Sponsors Gear up for England, Spain Finale
Date: August 18, 2023
Nike v. Adidas: Soccer World Cup sponsors gear up for England, Spain finale By Katherine Masters, Amy Tennery and Helen Reid NEW YORK/LONDON (Reuters) -When England and Spain face off in Sunday’s Women’s World Cup final, there will be more than sporting pride at stake. A potential multimillion dollar sales boost is also on the...
Yeezy Destocking Helps Lift Adidas Sales Outlook
Date: August 3, 2023
Yeezy destocking helps lift Adidas sales outlook By Helen Reid LONDON (Reuters) -Adidas sales should fall only slightly in 2023, a better outcome than previously expected, the sportswear giant said on Thursday, confirming strong demand for its remaining Yeezy shoes would help narrow a projected full-year loss. Adidas shares have gained 40% since the start...
German Supermarket Seeks to Charge Shoppers ‘true’ Environmental Cost
Date: August 1, 2023
German supermarket seeks to charge shoppers ‘true’ environmental cost By Riham Alkousaa and Andreas Buerger BERLIN (Reuters) – German shoppers, who enjoy some of Europe’s cheapest groceries, are being asked this week by discount supermarket Penny to pay extra for some items to cover their “true cost” as it seeks to raise awareness of the...
UK Baker Greggs Confident on 2023 After First-Half Growth
Date: August 1, 2023
UK baker Greggs confident on 2023 after first-half growth LONDON (Reuters) – British bakery and fast food chain Greggs stuck to forecasts for higher full-year profit after posting a 14% rise in the first-half, as its value food offering of breakfast deals, vegan bakes and more continues to grow in popularity. For the 26 weeks...
Unilever Sees Chinese Consumer Confidence at ‘historical Low Point’
Date: July 25, 2023
Unilever sees Chinese consumer confidence at ‘historical low point’ By Richa Naidu LONDON (Reuters) – British consumer goods giant Unilever said on Tuesday that China’s declining property market and exports had sent its consumer sentiment to a historic low, having earlier this year forecast a Chinese “consumption boom”. The maker of Dove soap and Ben...
UK Consumers Defy High Inflation and Shop More in June
Date: July 21, 2023
UK consumers defy high inflation and shop more in June By David Milliken LONDON (Reuters) -British retail sales grew faster than expected in June despite continued high inflation, thanks to unusually hot weather and a rebound in food sales after King Charles’ coronation disrupted spending in May, official figures showed on Friday. While inflation at...