Alibaba profits hit by AI spending despite strong cloud growth
Alibaba has reported a sharp fall in quarterly profits as the Chinese technology giant ramps up investment in its AI infrastructure. The post Alibaba profits hit by AI spending…
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Mamas & Papas secures refinancing after record year
Mamas & Papas has completed a refinancing deal aimed at supporting its next phase of growth after posting record sales and profit in its latest financial year. The nursery…
Specsavers profits jump as owners resume dividend payouts
Specsavers has resumed dividend payments to its parent company after profits surged by more than a quarter during its latest financial year. The company paid a £12m dividend to…
JD Sports lowers profit expectations although online sales grow
JD Sports has lowered its profit expectations for FY27 from £750-850 million to £700-800 million after a weak second quarter. The post JD Sports lowers profit expectations…
Luxury perfumes drive sales and profit growth at Estée Lauder
Rising demand for premium perfumes and strong performance in the key Chinese market have made Estée Lauder optimistic following an increase in revenue and profits during the past…
JD Sports cuts profit guidance as footwear sales slow in Q2
Group organic sales fell 1.3%, while like-for-like sales dropped 3.1%
JD Sports is struggling in the U.S.
The British retailer JD Sports is seeing its revenue continue to decline and expects lower profits, primarily due to weak consumer confidence in the U.S. In Europe, however, the…
CMA warns fuel retailers over slow price cuts as margins remain high
Fuel retailers have been criticised by the CMA for failing to pass falling wholesale costs on to motorists quickly enough, as the competition watchdog warned that profit margins…
KEY PLAYER PROFILE How TripAdvisor anchors commerce media at the point of discovery
If traditional retail media is built around the point of purchase, Tripadvisor represents something slightly different: commerce media anchored at the point of discovery. It sits…
As Retail Stagnates, Ad Dollars Help Walmart Stay The Course
Walmart’s slowing same-store sales and cautious outlook put fresh focus on its growing advertising business to support profits.
GUEST POST The Golden Quarter will test whether cross-border growth is still profitable
With the Golden Quarter fast approaching, Paweł Zakielarz, CEO of Shopreturns, explores the potential impact of the EU's new €3 customs duty on peak trading. The post GUEST POST…
Mothercare reports sharp profitability drop due to Middle East disruption and end of Boots partnership
Mothercare reported a sharp fall in sales and profitability in its latest full-year results, which it has attributed to the continued challenges facing its franchise-led business…