Reliance Retail names ex-Flipkart executive as president and CEO
India’s Reliance Retail Ventures Ltd (RRVL), the holding entity of Reliance Retail, has appointed former Flipkart executive Jeyandran Venugopal as …
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Dollar Tree raises 2025 outlook as Q3 sales and profit rise
US retailer Dollar Tree has raised its full-year 2025 outlook after stronger third quarter (Q3) sales and earnings from continuing …
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US luxury holiday spend to stay steady in 2025, Saks Global survey shows
US luxury consumers are planning to keep holiday spending levels steady in 2025, according to the latest Luxury Pulse survey …
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Five easy ways Mastercard says you can keep scammers at bay
The holiday shopping season is a crucial period for retailers and merchants worldwide, yet it also brings a surge in …
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SF legal fight over ultra-processed foods could shift retail offerings
A landmark lawsuit filed by the San Francisco City Attorney's Office against some of the United States’ largest food manufacturers …
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American Eagle Outfitters lifts full-year outlook after Q3 revenue rise
American Eagle Outfitters (AEO) has raised guidance for the fourth quarter (Q4) of fiscal year 2025 (FY25) following better-than-expected Q3 …
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Hugo Boss unveils Claim 5 Touchdown strategy to steer growth through 2028
The plan builds on the company’s existing Claim 5 strategy and comes with a sharper focus on efficiency in brand …
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Global luxury apparel market to rebound slowly after 2024 setback – analysis
The global luxury apparel market will undergo a gradual recovery after a 2.4% contraction in 2024, analysis indicates. According to GlobalData …
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India’s Reliance Retail completes consumer business restructuring
Reliance Retail has finalised an internal reorganisation under which its fast-moving consumer goods (FMCG) brands business has been moved, as …
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Nike shakes up leadership, scraps tech and commercial chiefs in reset
Nike has reorganised its senior leadership as it continues to pursue its wide-ranging 'Win Now' turnaround plan. The company is creating …
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LVMH names Louis Vuitton chief as head of fashion group
French luxury group LVMH has appointed Pietro Beccari, currently chairman and CEO of Louis Vuitton, as CEO of LVMH Fashion …
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Costco sues Trump administration to halt tariffs and secure refunds
The US retail giant Costco Wholesale Corporation has filed a lawsuit against the Donald Trump Administration, seeking to pause tariff …
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Thanksgiving weekend sees the biggest shopper turnout in US history
The five-day holiday period from Thanksgiving Day through Cyber Monday brought a record-breaking turnout of shoppers across the United States. According …
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UK shops warn business rates could jump 15% despite government pledge
Independent retailers across the UK are facing significant business rates increases next year, with some estimates suggesting rises of up …
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US senator seeks federal probe of possible Shein and Temu IP violations
Arkansas Republican Senator Tom Cotton has urged US authorities to open a formal investigation into online retailers Shein and Temu, …
