Ibex, formerly Steinhoff, sells entire stake in Pepkor for $1.5bn
Ibex Investment Holdings, previously known as Steinhoff International, has sold its entire 28% stake in South African clothing retailer Pepkor…
All articles by Tiash saha
Tiash saha
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UK online second-hand market grows to $5.7bn in 2024
Latest findings from Amazon research indicate that the total second-hand online UK market is worth £4.3bn ($5.7bn) in 2024. In…
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WHSmith expands presence with eight new stores at JFK Airport
British travel retailer WHSmith will expand its footprint at John F Kennedy International Airport (JFK) in New York, US, with…
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UK households face spending squeeze as inflation hits 3.6%
Latest figures from Asda’s income tracker, produced by Cebr on the retailer's behalf, reveal that 40% of UK households experienced…
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India’s Reliance Retail sees 11.3% revenue growth in Q1 FY26
Indian conglomerate Reliance Industries Limited’s (RIL) retail business has reported a 11.3% year-on-year increase in its net revenue, reaching Rs737.2bn…
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Lululemon enters Italy with first store in Milan
Canadian athletic apparel brand Lululemon is expanding its global presence with the launch of its first store in Milan, Italy.…
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Currys launches AI-powered employee-led ideas platform
UK electricals retailer Currys has introduced the Pitch, an AI-powered ideas platform that transforms suggestions from the company’s staff members into…
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Burberry sees improvement in Q1 FY26 comparable sales
British luxury fashion house Burberry has reported a 1% decline in comparable store sales, with retail revenue at £433m ($580.3m)…
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Zalando and Omniva secure last-mile delivery deal in the Baltics
German online fashion retailer Zalando has secured an exclusive last-mile delivery deal with post and logistics company Omniva for its…
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Nordstrom names Kelly Dilts as CFO to strengthen business
US department store chain Nordstrom has announced the appointment of Kelly Dilts as its new chief financial officer (CFO), effective from…