Board of India’s Aditya Birla Fashion and Retail approves $500m equity raise
Indian conglomerate Aditya Birla Fashion and Retail Ltd (ABFRL) has received approval from its board to strengthen its capital base …
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Superdry ends trademark feud with Manchester City football club
UK-based fashion retailer Superdry has resolved its trademark infringement dispute with Manchester City, the Financial Times has reported. The contention arose …
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Survey shows retail CFOs worry about 2025 outlook
A recent survey of Chief Financial Officers (CFOs) from 52 leading retailers paints a bleak picture of the trading landscape …
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Currys reports underlying sales up 2% for Christmas 2024 trading period
UK electronics retailer Currys has reported a 2% uptick in like-for-like (LFL) sales over the ten-week peak sales period concluding …
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ASOS revamps global distribution and plans enhanced US operations
British online fashion retailer ASOS plans to overhaul its global distribution network as it aims to enhance its US operations. The …
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Guess Jeans debuts in India through Tata CLiQ alliance
US-based denim lifestyle brand Guess Jeans has entered the Asian subcontinent through an exclusive long-term franchise partnership with Tata Group's …
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UK tribunal dismisses reseller collusion allegations against Apple and Amazon
The UK Competition Appeal Tribunal has dismissed a legal claim against technology giant Apple and online retailer Amazon, which had …
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ReposiTrak and Upshop link for end-to-end traceability solution
Food traceability network ReposiTrak has entered a strategic partnership with US-headquartered store operations technology provider Upshop. Combining their technology platforms, the …
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A closer look at retail’s carbon footprint
The retail sector finds itself at the intersection of contributing to and being affected by climate change. A report by …
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Tokmanni gains exclusive licence to operate SPAR brand in Finland
Hypermarket chain SPAR International has granted exclusive rights to discount store chain Tokmanni to operate its brand in Finland. The licence …
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UK’s Asda unveils £2m revamp for Pilsworth store
British supermarket chain Asda has revealed a planned £2m refurbishment of its Pilsworth store in Bury, Greater Manchester, UK. The investment …
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BRC survey reveals UK retailers set to raise prices due to NI hike
Two-thirds of UK retail chief financial officers (CFOs) are planning to hike prices in response to the impending increases in …
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Omoda and Google Cloud to enhance online shopping with gen AI
Dutch fashion retailer Omoda has entered a partnership with Google Cloud to enhance its online shopping platform with AI. By integrating …
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Sainsbury’s Q3 FY24/25 sales surge 2.7%
British supermarket chain Sainsbury’s has registered a 2.7% surge in total retail sales, excluding fuel, for the third quarter of …
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Capri exploring sale of Versace and Jimmy Choo
Italian luxury fashion house Prada is considering a bid for high-end fashion house Versace, according to a report by daily …
