LVMH to sell Marc Jacobs to WHP Global and G-III for $850m
Louis Vuitton and Christian Dior owner LVMH has agreed to divest fashion label Marc Jacobs to brand management company WHP…
All articles by Shubhendu Vimal
Shubhendu Vimal
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Burberry returns to profit as FY26 comparable sales recover
Burberry Group reported improved profitability and a return to comparable sales growth for the financial year ended 28 March 2026,…
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Birkenstock Q2 net profit falls 22% despite revenue rise
Birkenstock reported a 22% fall in the second quarter of fiscal 2026 (Q2 FY26) net profit while saying revenue increased…
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Walmart pilots small depots for faster delivery – report
Walmart is converting vacant retail spaces into compact, neighbourhood-level stockrooms designed to accelerate home delivery across the US. The retailer…
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French court rejects Amazon book fee challenge – report
France's highest administrative court has rejected US retailer Amazon's bid to overturn a minimum delivery charge on books introduced to…
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GameStop plans shareholder appeal after eBay rejection – report
GameStop chief executive Ryan Cohen has signalled he will take his unsolicited $55.5bn takeover proposal for eBay directly to the…
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Amazon expands 30-minute grocery and essentials delivery across US
Amazon is widening the reach of its Amazon Now rapid delivery service in the US, extending 30-minute deliveries for groceries…
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Walmart restructures tech teams, impacting 1,000 employees – report
Walmart is eliminating or relocating approximately 1,000 corporate positions as the US retail giant consolidates its global technology and product…
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TCS partners with Rezolve Ai to scale agentic AI commerce for retailers
Tata Consultancy Services (TCS) and Rezolve Ai have formed a global partnership aimed at helping retailers introduce agentic AI across…
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France urges tougher EU action on Shein and Temu – report
France is calling on the European Union to intensify enforcement against online platforms, including Shein and Temu, for selling "unsafe"…