Vietnam’s Dien May Xanh raises over $500m in IPO
Dien May Xanh, the electronics retail arm of Vietnam’s Mobile World Investment Corporation, has raised more than VND13.31tn ($506m) through…
03 Jul 2026
7-Eleven files trademark lawsuit against Nike
US retailer 7-Eleven has filed a federal trademark infringement lawsuit against Nike over an upcoming Air Max 95 trainer that it says copies its trademarked “Tri-Color Mark”. The case was…
03 Jul 2026
Iowa sues Temu owner over data and fraud allegations
Iowa's Attorney General has sued the owner of Temu, alleging deceptive data collection, routing of user information to China and consumer fraud. Attorney General Brenna Bird filed the petition in…
03 Jul 2026
Currys profit climbs 18%, CEO succession confirmed
UK-based electrical and telecommunications retailer Currys has reported an 18% rise in adjusted pre-tax profit to £191m ($255.4m) for the year to 2 May 2026, alongside a leadership change. Group…
03 Jul 2026
Walmart and Amazon remain at the top of US retail in 2026 rankings
Walmart and Amazon have retained their positions at the top of the US retail market in the latest 2026 Top 100 Retailers ranking published by the National Retail Federation. The…
03 Jul 2026
Police and retailers join forces to combat shoplifting in London
Retail crime in London is set to face tighter coordination between law enforcement and major businesses after the Metropolitan Police and leading UK retailers agreed a new joint action plan…
02 Jul 2026
Damiani Group completes Baume & Mercier acquisition
Italy’s The Damiani Group has concluded the acquisition of Swiss watchmaker Baume & Mercier from luxury retailer Richemont. The transaction follows a January 2026 agreement for the Damiani Group to acquire 100% of Baume…