Poundland owner launches auction just over a year after £1 takeover
Gordon Brothers has kicked off a formal sale process for Poundland, hiring advisory firm Alvarez & Marsal to sound out potential buyers. Little more than a year after snapping up…
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Del Monte enters fresh fruit joint venture in China
Del Monte Corp. has entered a joint venture in China for the sale of fresh-cut fruit products through its Hong Kong unit. The post Del Monte enters fresh fruit joint venture in…
ANALYSIS As Beauty Pie eyes stores, are subscription brands moving offline?
In July, subscription-based beauty retailer Beauty Pie announced that it was replatforming to Shopify to prepare for international expansion - including potential physical stores…
Ikea UK invests £54m to cut prices on 435 products
Retailer introduces lower prices on household 'favourites' alongside more than 1,000 in-store offers through the end of 2026
Nestlé sells vitamins and supplements for 1 billion dollars
Nestlé is selling its Holistic Health division, which makes vitamins, minerals and supplements, to Yellow Wood Partners. The investment group is paying 1 billion dollars for…
Keurig Dr Pepper to sell stake – and factory – to Chobani
Keurig Dr Pepper has agreed to exit its shareholding in Chobani and sell a manufacturing and warehousing site to the dairy group. The post Keurig Dr Pepper to sell stake – and…
Jules Destrooper makes a profit for the first time in six years
After several difficult years, Jules Destrooper is back in the black. The cookie manufacturer was acquired by a new owner ten years ago, who turned the company around, and has…
South Africa's Woolworths Annual Profit Rises 5.3% On Strong Online Sales
South Africa's Woolworths Holdings reported a 5.3% rise in full-year headline earnings driven by strong online sales in its food division.
SalMar Posts 'Record' Q2 Harvest, Earnings Rise
Salmon producer SalMar has reported an operational EBIT of NOK 1.2 billion (€113 million) for Q2 of its 2026 financial year.
Dollar Shave Club acquires body care brand Truly Beauty
Financial terms of the deal were not disclosed, but both brands will retain their distinct identities as Truly Beauty markets to a different customer base.
E-Commerce Expansion, Regional M&A Drive Cencosud's Q2 Results
Cencosud reported consolidated revenue of CLP 4.1 billion (€3.9 billion) in Q2, reflecting a 1.2% year-on-year decline.
Spain is a remarkable growth driver for Shein
While Shein's global growth is sluggish and its IPO has not been a resounding success, the Chinese online retailer is performing exceptionally well in Spain, where more and more…