Carlyle takes control of The Very Group as IMI retains key stake
The Very Group, parent company of online retailers Very and Littlewoods, has changed hands, with private equity company Carlyle becoming …
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Co-op urges rates reform as it plans pre-Christmas 2025 store launches
Co-op is pressing the UK government to finalise its pending business rates reform, as it plans to open more than …
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US retail growth signals upbeat holiday demand
Retail spending in the United States posted solid gains in October, offering a positive signal for the upcoming holiday shopping …
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France pauses Shein suspension after illicit products removed
France has paused suspension proceedings against Chinese online retailer Shein after the company removed illegal products from its platforms, the …
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Target launches 10-4 shopper greeting programme
US-based retailer Target has introduced a new workplace directive instructing store employees to greet and engage with shoppers. As reported by …
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Inter IKEA FY25 profit declines as tariffs and higher costs impact
Inter IKEA Group has reported a decline in profitability for the fiscal year ended 31 August 2025 (FY25), after being …
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Amazon rolls out low-cost Bazaar app in a further 14 markets
Amazon has introduced Amazon Bazaar as a standalone mobile app in 14 new markets, expanding access to its ultra low-cost …
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Stolen iPhones fuel global resale pipeline, say retailers
Rising mobile phone theft is reshaping retail economics and store operations, with stolen iPhones moving quickly through international resale routes …
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UK retail footfall down again, marking six consecutive months
Total UK retail footfall fell by 0.7% year on year in October, marking a sixth consecutive monthly decline in store …
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Amazon and OpenAI agree $38bn partnership to boost AI development
Amazon Web Services (AWS) and OpenAI have signed a seven-year, US$38bn cloud computing agreement that allows OpenAI to run core …
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Tapestry lifts outlook as Q1 FY26 sales rise 13% to $1.7bn
Tapestry, the parent company of the Coach and Kate Spade brands, has reported revenue of $1.7bn for the first quarter …
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Under Armour names Reza Taleghani as new CFO
US sportswear retailer Under Armour has named Reza Taleghani as its next chief financial officer (CFO), effective from February 2026. Taleghani, …
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US holiday retail sales set to surpass $1tn as “cautious” outlook prevails
The US retail industry association expects sales in November and December 2025 to rise between 3.7% and 4.2% over last …
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Zalando’s Q3 earnings rise as it strikes DFB deal to grow in sportswear
German online fashion retailer Zalando posted higher third quarter (Q3) 2025 earnings and announced a new partnership with the German …
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Ralph Lauren posts 40% Q2 profit jump and raises 2026 margin outlook
Ralph Lauren has reported a 40% jump in profit for the second quarter (Q2) of the fiscal year 2026 (FY26), …
