Kering third-quarter revenue dips on lower traffic
Gucci owner Kering recorded third-quarter (Q3) 2026 revenue of €3.34bn ($3.73bn), stable on a reported basis, and down 1% on…
23 Oct 2026
Sainsbury’s raises lower end of 2026/2027 profit guidance
UK supermarket chain Sainsbury’s has raised the lower end of its full-year profit guidance for 2026/2027, citing grocery volume growth and market share gains in the first half (H1). The…
23 Oct 2026
UK retail sales fall 0.4% in September despite quarterly growth
Warm weather weakened clothing demand and supermarket sales slipped, although retail sales volumes rose 0.7% in the third quarter as retailers entered the crucial Christmas trading period. Retail sales volumes…
23 Oct 2026
Prada Group net revenues rise 12% in first nine months
Italian luxury group Prada Group reported net revenues of €4.54bn ($4.99bn) for the nine months ended 30 September 2026, up 12% on a reported basis. At constant exchange rates, net…
23 Oct 2026
UK watchdog designates Aldi and Lidl as large grocery retailers
The UK's Competition and Markets Authority (CMA) has formally classified Aldi and Lidl as "large grocery retailers" following its final decision. The ruling covers Aldi Stores Limited, Lidl Great Britain…
23 Oct 2026
Bira warns UK independent retailers face 25% business rates rise
The British Independent Retailers Association (Bira) is urging the government to use the Budget to ease pressure on retailers from property taxes, employment costs and energy bills. UK independent retailers…
23 Oct 2026
Tax loophole fears cloud UK marketplace VAT reform
UK independent retailers warn that proposed exemptions for smaller sellers and second-hand goods could weaken tax enforcement and reduce funding for business rates relief. Proposed changes to UK online marketplace…