retail trade

Image for Retail boss calls for UK tax rises to be staggered to avoid stoking inflation
Business

Retail boss calls for UK tax rises to be staggered to avoid stoking inflation

LONDON (Reuters) -The new Labour government must re-think the timing of tax rises imposed in last mo...

13th November, 2024

Image for Global luxury sales to fall 2% in 2024, among weakest years on record, Bain says
Business

Global luxury sales to fall 2% in 2024, among weakest years on record, Bain says

By Elisa Anzolin MILAN (Reuters) – Sales of personal luxury goods are set to fall 2% this year, maki...

13th November, 2024

Image for UK grocery inflation higher again as countdown to Christmas begins
Finance

UK grocery inflation higher again as countdown to Christmas begins

By James Davey LONDON (Reuters) – British shoppers faced renewed pressure on their budgets in Octobe...

12th November, 2024

Image for UK grocery inflation edges higher again, says Kantar
Top Stories

UK grocery inflation edges higher again, says Kantar

LONDON (Reuters) -British shoppers faced increased pressure on their budgets last month after grocer...

12th November, 2024

Image for Walmart, other US retailers import fewer Christmas goods ahead of tepid holiday season
Business

Walmart, other US retailers import fewer Christmas goods ahead of tepid holiday season

By Richa Naidu, Aishwarya Venugopal, Siddharth Cavale (Reuters) -Santa Claus is not delivering as ma...

11th November, 2024

Image for Moncler repeats it won’t comment on ‘unsubstantiated rumors’ about Burberry
Business

Moncler repeats it won’t comment on ‘unsubstantiated rumors’ about Burberry

MILAN (Reuters) – Italy’s Moncler on Monday reiterated it would not comment “on unsubstantiated rumo...

11th November, 2024

Image for Italy retail sales rise 1.2% m/m in September
Business

Italy retail sales rise 1.2% m/m in September

(Reuters) – Italian retail sales rose 1.2% in September from the month before, data showed on Friday...

9th November, 2024

Image for IKEA reports higher profit despite revenue hit from price cuts
Business

IKEA reports higher profit despite revenue hit from price cuts

(Corrects paragraph 8 to show new factory was opened in Slovakia, not Slovenia) By Helen Reid LONDON...

9th November, 2024

Image for Richemont say US business in good position for growth
Business

Richemont say US business in good position for growth

ZURICH (Reuters) -Richemont’s U.S. business is in a good position to carry on growing now that uncer...

9th November, 2024

Image for UK’s Boohoo seeks to limit Frasers’ influence as it questions investor
Investing

UK’s Boohoo seeks to limit Frasers’ influence as it questions investor

(Reuters) – Boohoo on Thursday questioned Frasers’ interests and sought undertakings that would limi...

8th November, 2024

Image for Luxury shoemaker Manolo Blahnik enters China market after 22-year legal tussle
Business

Luxury shoemaker Manolo Blahnik enters China market after 22-year legal tussle

By Casey Hall SHANGHAI (Reuters) – Manolo Blahnik, the high-end shoe brand with many celebrity fans...

8th November, 2024

Image for Under Armour lifts profit forecast on cost savings, shares surge
Business

Under Armour lifts profit forecast on cost savings, shares surge

By Ananya Mariam Rajesh (Reuters) -Under Armour shares shot up 20% on Thursday as the sportswear mak...

8th November, 2024