Lululemon lowers outlook as sales fall due to weak Americas performance
Lululemon has cut its full-year forecast, as second-quarter sales plummeted due to a weakened performance in its Americas region.
Corporate news
Fresh headlines across food, beverage, personal-care, home-care, retail and FMCG services, updated automatically and linked to the original publishers.
Alimentation Couche-Tard Reports 10% Growth In Adjusted EBITDA In Q1
Circle K parent Alimentation Couche-Tard has reported strong results in the first quarter of its 2027 fiscal year.
Tyson issues another profit warning
Tyson Foods has cut its forecasts for sales and profits again, a month after warning persistent cattle shortages would deepen losses in its beef business. The post Tyson issues…
Very Group sale scrapped as bids miss £2bn target
Carlyle took control of Very Group for £1 in November 2025 following a financial restructuring of its former parent company
Clarks accelerates store expansion in Europe, with France leading the way
Shoe brand Clarks opens a second store in Paris and plans three additional French locations this year. At the same time, the British group is expanding its retail and wholesale…
Sainsbury’s announces £1.5m investment in tackling food insecurity
Sainsbury’s has announced plans to invest over £1.5m to help tackle food insecurity for children and families across the UK. The funding is set to support organisations designed…
Lulu Retail Reports €1.7bn In Q2 Revenue, Boosted By E-Commerce, Expansion
Pan-GCC retailer Lulu Retail posted revenue of $1.97 billion (€1.7 billion) in Q2 2026, driven by e-commerce and small-format stores.
7 Brew Coffee and Energy beverages
7 Brew announced an expansion of its ready-to-drink beverage portfolio with the launch of its canned 7 Brew Coffee and five 7 Brew Energy beverages.
World Cup Sales And Regional Momentum Drive Grupo Éxito Profit Surge
Colombian-based Grupo Éxito registered a 31.6% surge in consolidated net profit for H1 2026, to COP 316 billion (€86 million).
Lower Calvin Klein sales drag down PVH
PVH saw its revenue decline by 3% in the second quarter to $2.1 billion (approximately 1.78 billion euros). Calvin Klein was the main factor dragging down the figure, while Tommy…
Interview: How Palmer’s 20-year logistics partnership is fuelling its European expansion
Palmer’s may be one of the most familiar names on the bathroom shelf, but behind the cocoa butter bottles is a surprisingly small UK operation. ET Browne UK, which distributes the…
Barilla snaps up Goodles mac and cheese business
Family-owned Barilla in Italy has expanded its pasta portfolio with the acquisition of US-based mac and cheese maker Goodles. The post Barilla snaps up Goodles mac and cheese…