Allbirds to shutter remaining US full-price stores by February 2026
US footwear retailer Allbirds plans to close all its remaining full-price shops in the US by the end of next…
All articles by Shubhendu Vimal
Shubhendu Vimal
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Aldi sets out £370m UK store expansion for 2026
Aldi plans to spend more than £370m ($511.78m) in 2026 to expand its supermarket network across the UK, as part…
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Original Factory Shop collapses into administration, putting 1,180 jobs at risk
The Original Factory Shop has fallen into administration, with around 1,180 roles now under threat as the chain grapples with…
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LVMH revenue slips in 2025 as currency swings and uneven demand weigh
LVMH has reported a drop in annual revenue in 2025, citing currency movements and softer demand in several markets amid…
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EU weighs Shein probe over illegal listings – report
Chinese fast-fashion retailer Shein may face scrutiny from EU regulators over illicit goods, though officials say blocking the platform is…
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Nike to reportedly cut 775 US warehouse jobs in automation push – report
Nike plans to eliminate 775 positions at its distribution centres in Tennessee and Mississippi, US, as it looks to improve…
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Amazon to close US Go and Fresh stores and bet on Whole Foods
US retail giant Amazon will close its Amazon Go and Amazon Fresh physical grocery outlets in the US as it…
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LVMH investors seek clarity on Arnault succession as concerns persist – report
Louis Vuitton owner LVMH shareholders are pressing for clearer succession planning at the luxury conglomerate, as questions over Bernard Arnault’s…
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EP Group plans tender offer for Fnac Darty shares and bonds
Czech Republic-based EP Group has unveiled plans to launch a voluntary cash tender offer for French retailer Fnac Darty before…
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Authentic finalises acquisition to take Guess? private
US-based Authentic Brands Group has completed a transaction to take US retailer Guess? private and acquire a majority stake in…