Home Depot meets Q1 expectations and maintains FY25 forecast
Home-improvement retailer Home Depot has recorded $39.9bn in net sales in the first quarter of the fiscal year 2025 (FY25) …
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New report shows UK luxury exports to EU down 43% post-Brexit
Walpole, the body representing British luxury industry, has urged governmental intervention to address the obstacles hindering trade with the EU …
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New UK rules to regulate BNPL lenders and safeguard shoppers
The UK government has unveiled a set of new regulations to safeguard consumers who utilise Buy Now Pay Later (BNPL) …
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Bath & Body Works appoints former Nike executive as CEO
Bath & Body Works’ board of independent directors has appointed Daniel Heaf as CEO with immediate effect. Following the 2025 annual …
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MAGRABi Retail proposes complete takeover of Kuwait’s Kefan Optics
Middle Eastern eyewear retailer MAGRABi Retail is seeking to acquire all issued shares of Kuwait’s optical chain Kefan Optics. This transaction …
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British retailers welcome UK-EU trade agreement
A new trade agreement between the United Kingdom and the European Union has been broadly welcomed by British retailers, who …
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Walmart should stop blaming tariffs, says Trump
President Donald Trump publicly criticised Walmart on Saturday following comments from the company’s chief financial officer suggesting that tariffs were …
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Nordstrom shareholders approve merger agreement with Norse
Shareholders of US department store chain Nordstrom have approved its previously announced merger with Norse Holdings and its subsidiary Navy …
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Germany’s HDE projects 2025 online retail revenue up 4%
The German Retail Association (HDE) has revised its projections for the nation's online retail sector, now anticipating a 4% uptick …
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Cartier owner Richemont posts 4% sales growth in FY25
Richemont, owner of Buccellati, Cartier and other luxury brands, has announced a 4% increase in sales at both actual and …
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Roblox unveils Shopify partnership and new commerce APIs
Online gaming platform Roblox has improved its commerce capabilities by launching its commerce application programming interfaces (APIs,) with Shopify as …
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Italian court orders oversight of allegedly abusive Valentino unit
An Italian court has mandated a one-year judicial administration for a subsidiary of fashion house Valentino following allegations of worker …
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US retail sales show resilience in April despite tariff concerns
Shoppers in the United States maintained steady spending habits in April, according to new figures from the US Census Bureau, …
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Walmart warns of upcoming price hikes amid tariff pressures
Walmart CEO Doug McMillon has confirmed that customers will soon see price increases on a variety of products due to …
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Carrefour Belgium and Reckon.ai unveil AI store at Nato HQ
Carrefour Belgium has inaugurated its third AI-powered micro-store concept, Carrefour BuyBye, in partnership with retail technology company Reckon.AI. The latest addition …
