Amazon cuts 14,000 corporate roles as AI takes over routine work
Amazon will eliminate about 14,000 corporate jobs globally to streamline management, reduce costs and redirect spending into artificial intelligence, confirming …
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Reebok launches European HQ in London with regional CEO
Reebok has officially inaugurated its new European headquarters in London and appointed Marc Le Roux to oversee operations in the …
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US retailers feel the pinch as inflation spikes again
US inflation picked up in September 2025, sharpening pressure on retailers already contending with slower sales growth and cost-sensitive shoppers. …
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Indian eyewear retailer Lenskart seeks $8bn IPO valuation
Indian eyewear retailer Lenskart Solutions has announced an initial public offering (IPO) with the aim of raising Rs72.78bn ($828.8m). The company …
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Amazon to invest €1.4bn in Netherlands operations
E-commerce giant Amazon has revealed plans to invest €1.4bn ($1.63bn) in the Netherlands up to 2028. This investment represents its largest …
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Digital Product Passports: unlocking transparency and circularity in retail
In the near future, consumers across Europe may begin scanning QR codes on everyday items—from sneakers to consumer electronics—to access …
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Asda advances non-food offering with second standalone George store
Asda is expanding its standalone George store presence with a new opening in Hull, England, signalling a strategic shift away …
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Kirkland & Ellis, Latham & Watkins top retail M&A legal advisory rankings in Q1-Q3 2025
Kirkland & Ellis and Latham & Watkins were the leading legal advisers on retail sector mergers and acquisitions (M&A) in …
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Nelly appeals court ruling favouring Shein in copyright dispute
Swedish online fashion retailer Nelly has launched an appeal against a recent court decision that absolved two Shein-related companies of …
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UK retailers see early signs of Christmas shopping rush
UK retailers are beginning to see the first signs of a Christmas shopping rush, as consumers signal stronger spending intentions …
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UK supermarkets ask chancellor for exclusion from business rates surtax
Several of the UK’s largest supermarket operators have written to Chancellor Rachel Reeves requesting that large food retailers be exempted …
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Target lays off 1,800 corporate staff as sales weaken
Target will shed 1,800 corporate roles in its first major layoffs in a decade, saying the move is aimed at …
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JP Morgan and UBS lead retail M&A financial advisory rankings for Q1 to Q3 2025
JP Morgan and UBS have emerged as the top mergers and acquisitions (M&A) financial advisers in the retail sector for …
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The Very Group sees FY25 record earnings despite fashion sales drop
The Very Group's full-year results for the 52 weeks ended 28 June 2025 (FY25) showed significant earnings growth, which the …
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Prada Group reports 9% revenue growth in first nine months of 2025
Italian luxury fashion group Prada group recorded consolidated net revenues of €4.07bn ($4.72bn) for the nine months ending 30 September …
