Kering’s revenues witness a 1% growth in Q1 FY23
France-based luxury group Kering has recorded consolidated revenues of €5.077bn ($4.5bn) for the first quarter (Q1) of the fiscal year…
All articles by Soumya Sharma
Soumya Sharma
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Gap to reduce hundreds of corporate positions from the global workforce
Clothing and accessories retailer Gap is reportedly planning to eliminate hundreds of corporate employees from its global workforce. According to…
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ABF records £9.56bn revenues in first half of 2023
UK-based food processing and retailing company Associated British Foods (ABF) reported consolidated revenues of £9.56bn in the first half (H1)…
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India’s TCS extends partnership to upgrade M&S’ core business systems
India-based company Tata Consultancy Services (TCS) and Marks and Spencer (M&S) have extended their strategic partnership to modernise the British…
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smartShift to support Foodstuffs South Island’s SAP S/4HANA project
New Zealand-based grocery retailer Foodstuffs South Island has selected AI-powered solution provider smartShift to support its SAP S/4HANA transformation project.…
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Neiman Marcus’ immersive activation to host Balmain’s collection
US-based luxury retailer Neiman Marcus has collaborated with designer fashion house Balmain to introduce a new 2,0000ft² immersive activation called…
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Maverik to acquire the convenience store chain Kum & Go
US-based independent fuel marketer Maverik and its parent company FJ Management have confirmed the acquisition of US-based convenience store chain…
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Reliance Retail records 30% YoY increase in gross revenues for FY23
Indian multinational company Reliance Industries’ subsidiary, Reliance Retail, has reported gross revenues of Rs2603.64bn ($31.76bn) for the fiscal year (FY)…
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Michael Hill agrees to acquire Australian retailer Bevilles
Brisbane, Australia-based speciality retailer Michael Hill International has signed a binding agreement to acquire select assets and business of Australia’s…
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Ingka Group to invest €2bn to expand IKEA’s presence in US
IKEA retailer Ingka Group has confirmed plans to expand its footprint in the US with an investment of €2bn ($2.19bn)…