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…
All articles by Shubhendu Vimal
Shubhendu Vimal
-
-
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…
-
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.…
-
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…
-
Kering H1 revenue up 1% as jewellery and eyewear offset Gucci fall
Gucci-owner Kering reported comparable revenue growth of 1% in the first half (H1) of 2026, with revenue reaching €7.22bn ($8.23bn),…
-
Frasers’ Hugo Boss takeover offer becomes unconditional after EU clearance
Frasers Group said its voluntary public takeover offer for Hugo Boss is now unconditional after receiving merger control approval from…
-
BEUC and Dutch MEP urge EU action on unexpected charges – report
The European Consumer Organisation (BEUC) and Dutch Member of the European Parliament Dirk Gotink have called on the European Commission…
-
LVMH revenue dips 3% in H1 2026, but organic growth returns
Louis Vuitton owner LVMH reported first-half 2026 revenue of €38.64bn ($43.93bn), down 3% on a reported basis, though organic revenue…
-
Pacsun teams up with Ulta Beauty for joint fashion and beauty line
US beauty retailer Ulta Beauty and fashion chain Pacsun have entered a partnership to roll out a joint collection spanning…
-
Australia’s Myer FY26 sales rise 11.3% to A$4.08bn
Australian department store chain Myer Holdings posted FY26 total sales of A$4.08bn ($2.85bn), up 11.3% on an actual basis, even…