Sainsbury’s reports 6.8% retail sales growth in FY 2023/24
UK supermarket chain Sainsbury's has announced a significant 6.8% increase in retail sales for the fiscal year 2023/2024 (FY 2023/2024), …
Kylie Cosmetics brand debuts in India
Kylie Cosmetics has partnered with House of Beauty, an omnichannel specialist which works to bring international brands into India. The brand …
Korea’s Yeppo & Soonsoo to open new store in Gothenburg
Yeppo & Soonsoo, a Korean beauty care brand, is set to expand its presence in Sweden with a new store …
Akin Gump Strauss Hauer & Feld, Cuatrecasas top retail M&A legal advisers
Akin Gump Strauss Hauer & Feld and Cuatrecasas, Jones Day have emerged as the leading mergers and acquisitions (M&As) legal …
Co-op stores to be powered by solar energy
British cooperative and retailer Co-op has signed a Power Purchase Agreement (PPA) with ScottishPower to take 100% of the electricity …
Unilever’s Power Brands drive sales growth, volume up in Q1
Unilever reported underlying sales growth of 4.4% in the first quarter (Q1) of 2024. The company attributed this growth to …
CBI survey indicates sharp decline in UK retail sales for April 2024
UK retail sales volumes witnessed a steep decline in the year to April 2024, according to the Confederation of British …
Hungary’s government threatens to sue SPAR over alleged defamation
The Hungarian government has announced its intention to initiate legal proceedings against the supermarket chain SPAR, alleging defamation. Reuters reported the …
Top M&A legal advisers in Asia-Pacific for Q1 2024 revealed
Covington & Burling and TriLegal emerged as the top mergers and acquisitions (M&A) advisers in the Asia-Pacific region for the …
Jefferies, JP Morgan and PwC lead M&A financial advisers in Q1 2024
Jefferies, JP Morgan and PricewaterhouseCoopers (PwC) have emerged as the leading mergers and acquisitions (M&A) financial advisers in the retail …
Boots takes top spot for cruelty-free beauty in the UK
Boots, a leading health and beauty retailer in the UK, has secured the title of the largest provider of Leaping …
Apple introduces ‘Made for Business’ training in select global stores
Technology retail giant Apple is launching training sessions on its products for small business owners and entrepreneurs. Held in a selection …
Carpetright cyberattack emphasises the importance of cybersecurity investment
Carpetright, a leading flooring retailer in the UK, was unable to process online or in-store orders for nearly a week …
IKEA Canada announces further price cuts on 800 products
IKEA Canada, a part of IKEA store operator Ingka Group, has announced substantial price reductions on an additional 800 products …
Hugo Boss to divest Russian business to Stockmann
German fashion brand Hugo Boss has reached an agreement to divest its Russian business to its wholesale partner, JSC Stockmann, Reuters …