retailers
FinanceBritish retailer WH smith's shares surge on strong travel business growth
FinancePets at home revenue edges lower on weak demand for products
FinanceUK retailer wickes soars 12% after upbeat profit forecast
FinanceBlack-owned brands urge US consumers not to boycott target over end of diversity efforts
Britain to tighten laws on buying knives after southport murders
Date: January 26, 2025
LONDON (Reuters) - Britain on Sunday said it would force retailers to implement stricter age-verification checks to stop children buying knives, in a tightening of policy days after a teenager...
UK's currys targets more automation and offshoring to mitigate cost hikes
Date: January 15, 2025
By James Davey LONDON (Reuters) - British electricals retailer Currys will speed up automation and move more business processes to cheaper locations abroad to reduce the impact of rising costs, its...
India antitrust body found pernod colluded with retailers to promote its brand
Date: January 6, 2025
By Aditya Kalra NEW DELHI (Reuters) - Indian antitrust investigators raided Pernod Ricard's office in December after finding the French liquor giant colluded with a state's retailers to promote its...
France’s L’Oreal acquires migros’ south Korean cosmetic unit
Date: December 23, 2024
PARIS (Reuters) – French cosmetics giant L’Oreal said on Monday it had signed a deal with Swiss retailer Migros to buy the latter’s South Korean skincare business Gowoonsesang Cosmetics, which includes the skin care brand Dr.G. The company’s announcement confirms Reuters’ report on Friday. Dr.G is the No. 1 facial care line in the Korean...
Birkenstock results beat on resilient demand, forecasts margin recovery
Date: December 18, 2024
By Juveria Tabassum and Helen Reid (Reuters) -Birkenstock beat market expectations for fourth-quarter results on robust demand for its pricey footwear and forecast a recovery in margins in fiscal 2025, sending the company’s shares up 7% on Wednesday. With fresh styles becoming a priority for consumers, Birkenstock’s sandals and closed-toe clogs have drawn new customers...
As Bitcoin soars, luxury brands consider accepting crypto payments
Date: December 18, 2024
By Mimosa Spencer PARIS (Reuters) – Bitcoin’s soaring value has caught the attention of high-end fashion brands and retailers, prompting further interest in offering cryptocurrencies as a means of payment to tap in to fresh pockets of wealth and build loyalty with crypto investors. Until recently, only a handful of luxury brands including LVMH watch...