Adidas Q2 revenue climbs 14% on FIFA World Cup demand
Adidas recorded net sales of €6.74bn ($7.75bn) for the second quarter of 2026, with currency-neutral revenue up 14% year-on-year. The…
All articles by Shubhendu Vimal
Shubhendu Vimal
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eBay completes $1.2bn acquisition of fashion resale platform Depop
US online marketplace eBay has finalised its purchase of fashion resale platform Depop, closing a deal first agreed with previous…
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Prada Group revenues climb 16% to €3.04bn in first half
Italian luxury fashion house Prada Group posted net revenues of €3.04bn ($3.50bn) for the first half of 2026, up 16%…
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French cosmetics company L’Oréal H1 sales up 6.8%
French cosmetics major L'Oréal recorded sales of €23.77bn ($27.27bn) in the first half of 2026, marking a like-for-like (LfL) increase…
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Uber Eats adds five regional US grocery chains
Uber Technologies has partnered with five regional US grocery retailers, adding Busch's Fresh Food Market, Hays, Lowe's Market, Marc's, and…
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Aldi cuts prices on 330 products with £100m investment in UK
Discount supermarket chain Aldi is investing £100m ($133.3m) to reduce the prices of 330 products in the UK. This brings…
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Hermès H1 2026 revenue rises 2% to €8.16bn
French luxury retailer Hermès recorded consolidated revenue of €8.16bn ($9.34bn) in the first half of 2026, up 2% at current…
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eBay agrees $55.7m settlement over Steiner cyberstalking campaign
eBay and several former executives have agreed to pay $55.7m to settle a civil lawsuit brought by Ina and David…
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Russia weighs state support for Wildberries after drone strikes – report
Russian authorities are considering measures to support Wildberries, the country's largest online retailer, following Ukrainian drone strikes on its warehouses.…
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Mike Ashley’s Frasers builds up Burberry position
Frasers Group has amassed a position equivalent to 4.15% of voting rights in Burberry Group, a regulatory filing published on…