Lululemon enters Greece with first Athens store
Canadian athleticwear retailer Lululemon has entered Greece through a franchise arrangement with Arion Retail Group, becoming the brand's third new …
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Shein strikes deal to acquire US clothing retailer Everlane
Chinese fast-fashion giant Shein has agreed to purchase US clothing retailer Everlane, reported The Associated Press. Everlane chief executive Alfred Chang, …
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French Senate inquiry hits out at large retailers
The French Senate has accused the country's largest grocers of engaging in "predatory practices" against manufacturers and farmers. In its report, …
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GLP-1s will reshape UK health and beauty spending beyond weight management
Retailers must develop health & beauty ranges to cater both to consumers using weight-loss medication (GLP-1s) and to those seeking …
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Morrisons to shut 100 convenience stores amid losses – report
UK supermarket chain Morrisons has announced the closure of 100 convenience stores, blaming sustained financial losses and mounting costs linked …
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Ralph Lauren posts 17% revenue rise in Q4 as Asia leads growth
US luxury lifestyle retailer Ralph Lauren closed fiscal 2026 (FY26) with fourth-quarter (Q4) net revenue of $1.97bn for the period …
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Estée Lauder and Puig end merger talks
US-based Estée Lauder Companies and Spanish fragrance and beauty group Puig have ended discussions over a potential business combination, with …
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TJX raises annual forecast after Q1 net income jumps 28.5%
TJX Companies raised its full-year outlook after first-quarter net income rose 28.5% year on year, helped by stronger sales, higher …
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Walmart Q1 revenue rises 7.3%, maintains fiscal 2027 outlook
Walmart has reported revenue of $177.75bn in the first quarter of fiscal 2027 (Q1 FY27), supported by continued e-commerce expansion …
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US tax debate draws retail sector focus
Retail businesses and supply chain groups are closely watching tax discussions in the United States as lawmakers review how recent …
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UK consumer confidence improves slightly as food price concerns persist
Consumer confidence in the UK retail sector improved modestly in May, but concerns over inflation and rising food prices continue …
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US appeals court rejects whistleblower tariff fraud claims against Amazon
A US federal appeals court has upheld the dismissal of a whistleblower lawsuit that accused Amazon of helping foreign fur …
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M&S profit falls 23.8% after cyber incident disrupts first half
Marks and Spencer (M&S) has reported a steep fall in earnings for the year ended 28 March 2026, after a …
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Lowe’s quarterly profit dips despite revenue surge
Lowe's Companies posted a marginal fall in first-quarter net profit for fiscal 2026, even as revenue climbed sharply against the …
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Target lifts full-year sales outlook after Q1 revenue rises 6.7%
US retailer Target has revised its full-year net sales growth outlook upward following a 6.7% year-on-year (YoY) rise in first …
