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…
All articles by Shubhendu Vimal
Shubhendu Vimal
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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…
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Bob’s Discount Furniture launches US IPO
Bob’s Discount Furniture has filed for a US initial public offering (IPO), proposing to sell 19.45 million shares after submitting…
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US investors seek trade action over South Korea’s handling of Coupang – report
Coupang’s two major stakeholders have called on officials in Washington, DC, to scrutinise how South Korea is treating the online…
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L’Oréal to open Hyderabad beauty-tech hub with Rs35bn investment
French beauty company L’Oréal is set to launch a beauty-tech centre in Hyderabad, Telangana, India, in November 2026. The decision…