Shein’s £37bn IPO valuation under pressure as EU crackdown knocks growth
Shein could be forced to accept a lower valuation for its long-awaited Hong Kong float as new European import charges weigh on sales and profits. The online fashion giant is…
Retail news
Fresh headlines across food, beverage, personal-care, home-care, retail and FMCG services — updated automatically and linked to the original publishers.
Ocado boss Tim Steiner denies he will be ‘puppet master’ after CEO exit
Ocado co-founder Tim Steiner has insisted he will not seek to control the business from behind the scenes when he steps down as chief executive. Steiner is due to leave the top…
Vodafone settles high street legal battle with 62 former franchisees
Vodafone has settled a long-running High Court claim brought by 62 former franchise partners over the operation of its UK high street stores. The agreement brings the 19-month…
Carrefour Polska Launches ‘Zokątek’ Pet-Care Concept
Carrefour Polska is rolling 'Zokątek' for the pet category offering a range of veterinary-quality products in its stores.
Spar Autriche et Cryovac réduisent de 70% les emballages de viande dans le cadre d’un projet pilote européen
Spar Autriche a décidé de revoir ses emballages de viande fraîche en prévision de l’entrée en vigueur progressive du Règlement européen relatif aux emballages et aux…
Seven & i Shares Jump 3% On Żabka Convenience Store Stake Talks
Shares in Seven & i rose 3% in Tokyo on Friday as the Japanese retailer said it was in talks to buy a stake in Poland's Żabka Group.
Pepco Group To Return Up To €400m To Shareholders Through Pro-Rata Tender Buyback
Pepco Group has announced plans to return up to €400 million to shareholders through a one-time pro-rata tender buyback.
Selex And Italiaonline Rollout Italian Retail Media Partnership
Italy's Gruppo Selex and digital company Italiaonline have partnered to boost the development of the retail media ecosystem Selex Media.
Why Seven & i's Investment Could Be Valuable For Żabka: Bernstein Analysis
Japan's Seven & i Holdings is in talks to invest in Poland's Żabka as the former seeks to accelerate expansion in Europe.
QVC Group nears bankruptcy exit with approved restructuring plan
The HSN and QVC owner will have reduced its debt by over $5 billion when it exits Chapter 11.
Foot Locker brings in Salomon to boost assortment
The athletics retailer is partnering with the France-based premium sneaker brand as parent company Dick’s pursues an extensive inventory refresh.
Südzucker Group's Q1 Revenue Dips To €2bn, Operating EBITDA Up 40%
Südzucker reported consolidated revenue of €2.0 billion in the first quarter, down slightly from €2.1 billion in the same period last year.