Nike resets online distribution in ‘fragmented’ China market
Revenue in the region fell 12% in the brand’s most recent quarter and has been dragging down the company’s turnaround.
Corporate
L’actualité de l’alimentaire, des boissons, de l’hygiène-beauté, de l’entretien, de la distribution et des services PGC, mise à jour automatiquement, avec un lien vers l’éditeur d’origine.
Moth secures £11m funding to invest in expansion
Ready-to-drink (RTD) brand Moth has secured £11m in funding, backed by Puma Growth Partners, Beringea and Guinness Ventures, to accelerate its expansion. The brand will invest the…
Frasers presses Hugo Boss, but neither side gives in
Frasers Group increases its stake in Hugo Boss to 30.28%, thereby crossing the German threshold for a mandatory public offer. The British retail group is sticking to the offer of…
Philip Morris Cuts Profit Forecast Again, Ramps Up Investment In Zyn
Philip Morris cut its annual profit forecast for the third time this year, hurt by intensifying competition and negative currency swings.
Greencore ups profit forecast on volume growth
Greencore has raised its forecast for a closely-watched profit metric after reporting volume growth the manufacturer said was ahead of the wider grocery market. The post Greencore…
Compagnie Léa Nature buys Spain’s Nagual Alimentación
French organic food group Compagnie Léa Nature has struck a deal to acquire Spanish tortillas and wraps maker Nagual Alimentación. The post Compagnie Léa Nature buys Spain’s…
Caledonia Spirits hires former Breakthru exec to lead expansion
Former Breakthru Beverage Group executive John Oliver has joined Vermont-based Caledonia Spirits as vice-president of sales The post Caledonia Spirits hires former Breakthru exec…
Shein clears Hong Kong IPO hurdle, but valuation challenge remains, says GlobalData
Discover what's happening in retail today, Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and much more…
Ritter Sport UK accelerates its convenience expansion through nationwide Parfetts partnership
Discover what's happening in retail today, Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and much more…
Greencore Raises FY 2026 Profit Guidance After Strong Q3 Performance
Convenience food firm Greencore has adjusting operating profit guidance for FY 2026 after reporting strong third quarter performance.
Greencore posts strong Q3 results, raises outlook
Food manufacturer Greencore has reported strong third-quarter results, with total group revenue increasing by 3.2 per cent to £1.02bn in the 13 weeks which ended on 26 June 2026…
Wendy’s bites into European expansion, starting in Italy
The American hamburger chain Wendy’s is aiming for growth in Europe. The first two Italian restaurants will open in Milan this year, marking the start of plans to open 170…