Miniso Q1 2026 profit triples to 1.25bn yuan
Chinese budget retailer Miniso’s first quarter (Q1) profit tripled year-on-year (YoY) to 1.25bn yuan ($180.9m), from 416.5m yuan in the…
27 May 2026
EU set to open “in-depth” review of JD.com bid for Ceconomy
The European Commission (EC) is expected to launch an “in-depth” investigation into JD.com’s proposed takeover of German electronics retailer Ceconomy, the Financial Times reported, citing undisclosed sources. The report said…
27 May 2026
Retail and services drive China’s e-commerce growth in first four months of 2026
China’s e-commerce industry maintained growth from January to April 2026, with online consumption continuing to support retail sales and demand across goods and services. Citing figures published by the Ministry…
27 May 2026
UK retailers urge Starmer to impose £2.60 charge on low-value imports – report
A group of 15 UK retailers has urged Prime Minister Keir Starmer and Chancellor Rachel Reeves to impose a £2.60 ($3.50) charge on small parcels imported from overseas, according to a report…
27 May 2026
Cost pressures squeeze UK retailers trying to keep prices low
UK retailers are under renewed pressure to hold down prices as shop inflation rises again, driven by higher energy costs and ongoing global supply chain disruption. According to the British…
26 May 2026
South Korea’s online retail crosses 60% share for first time
Online retail accounted for the majority of total sales among South Korea’s major retailers in March. According to the South Korean Ministry of Trade, Industry and Energy, online platforms represented…
26 May 2026
Olive Young to debut first US store in Pasadena, California
South Korean health and beauty retailer Olive Young is entering the US physical retail market with a store in Pasadena, California, alongside a dedicated American e-commerce platform. The 8,647ft² outlet…