EU imposes €3 duty on low-value parcels from outside bloc
The EU has introduced a temporary €3 ($3.42) customs duty on parcels worth up to €150 imported from outside the…
All articles by Shubhendu Vimal
Shubhendu Vimal
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TG Jones restructuring plan approved by London court – report
UK retailer TG Jones has secured a London court approval for a restructuring plan featuring significant rent reductions and a…
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German retail sales climb 1.1% in May
German retail sales climbed in May, with turnover increasing by 1.1% in real terms against the previous month, provisional data…
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Cumberland Farms completes $830m sale of Australian business
Cumberland Farms, the convenience retail arm of UK-based EG Group, has completed the sale of its Australian business to Ampol…
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Nike swings to Q4 profit on tariff refund boost, but China slump deepens
US sportswear retailer Nike reported full-year revenue of $46.39bn for fiscal year 2026, while fourth-quarter (Q4) profit rose on an…
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Accent rejects Frasers takeover approach as “materially inadequate”
Accent Group has rejected an unsolicited takeover approach from UK retailer Frasers Group, calling the A$0.65 ($0.45) a share proposal “opportunistic”…
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Sainsbury’s sales rise 3.1% as grocery momentum offsets clothing decline
Sainsbury's first-quarter sales increased by 3.1% to £8.04bn in the 16 weeks to 20 June 2026, with the UK supermarket…
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Conservatives urge scrutiny of JD.com’s UK expansion – report
The Conservative Party has urged the UK Government to examine Chinese retail group JD.com over fears its UK growth could…
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France moves to curb ultra-fast fashion imports
France's Senate has approved a revised bill aimed at ultra-fast fashion e-commerce platforms including Shein, Temu and AliExpress, a week…
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Zalando under regulatory scrutiny over About You acquisition disclosure
Germany’s financial regulator has launched a formal audit of e-commerce group Zalando’s 2025 consolidated accounts after identifying concrete indications of…