Shein acquires Everlane in $100m deal amid debt crisis – report
Chinese fashion retailer Shein is set to take over US direct-to-consumer label Everlane in a transaction worth around $100m, following …
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Amazon faces class action over tariff cost claims
US consumers have launched a proposed class action against Amazon in federal court in Seattle, claiming the retailer unlawfully passed …
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US consumers still spending in tough climate
US retail sales in April 2026 show continued resilience in consumer spending, even as households face higher living costs and …
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King’s Speech: UK retailers call for action to protect consumers
UK retailers have urged the government to take immediate action to reduce business costs after the King’s Speech set out …
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Amazon cuts jobs in Selling Partner Services division
Amazon has made further redundancies within its Selling Partner Services organisation, continuing a series of workforce reductions that have spanned …
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US consumers still spending in tough climate
US retail sales in April 2026 show continued resilience in consumer spending, even as households face higher living costs and …
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King’s Speech: UK retailers call for action to protect consumers
UK retailers have urged the government to take immediate action to reduce business costs after the King’s Speech set out …
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Amazon cuts jobs in Selling Partner Services division
Amazon has made further redundancies within its Selling Partner Services organisation, continuing a series of workforce reductions that have spanned …
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Dillard’s Q1 net income rises on sales growth and litigation settlement gain
Dillard's reported higher first-quarter (Q1) net income and sales for the period ended 2 May 2026, supported by growth in …
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LVMH to sell Marc Jacobs to WHP Global and G-III for $850m
Louis Vuitton and Christian Dior owner LVMH has agreed to divest fashion label Marc Jacobs to brand management company WHP …
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Burberry returns to profit as FY26 comparable sales recover
Burberry Group reported improved profitability and a return to comparable sales growth for the financial year ended 28 March 2026, …
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Front-loaded growth masks slowing retail momentum
UK retail sales growth is showing a pattern of early-quarter strength followed by weaker momentum, as illustrated by trading in …
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Inflation and higher energy costs fail to slow US retail spending
US retail sales continued to grow in April despite higher fuel prices, persistent inflation and weaker consumer confidence, showing that …
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Birkenstock Q2 net profit falls 22% despite revenue rise
Birkenstock reported a 22% fall in the second quarter of fiscal 2026 (Q2 FY26) net profit while saying revenue increased …
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Walmart pilots small depots for faster delivery – report
Walmart is converting vacant retail spaces into compact, neighbourhood-level stockrooms designed to accelerate home delivery across the US. The retailer has …
