Douglas Core Profit Lags Market Expectations As Beauty Shoppers Seek Deals
Germany's Douglas missed third-quarter core earnings expectations, citing high price sensitivity among consumers in its key European markets.
Corporate news
Fresh headlines across food, beverage, personal-care, home-care, retail and FMCG services, updated automatically and linked to the original publishers.
Bershka makes its debut in the United States with Miami store
Bershka is taking another step forward in its international expansion. Inditex's youth fashion chain will open its first brick-and-mortar store in the United States, specifically…
Haacht Brewery boosts profitability, yet remains in the red
Haacht Brewery has managed to significantly improve its operating profitability, but is still in the red overall. Revenue also declined. Nevertheless, the beer producer sees a…
Swiss Retail Boosted By E-Commerce In First Half, Study Finds
The Swiss retail sector saw year-on-year revenue growth of 1.2% in the first half of 2026, notes the Swiss Retail Federation.
On’s revenue disappoints — is currency change to blame?
The brand’s constant currency net sales growth of 21.6% in Q2 was lower than experts anticipated, but exchange rates may be contributing to the disconnect with Wall Street.
Sprouts Farmers Market Generates €1.9bn In Q2 Sales
US supermarket chain Sprouts Farmers Market released its Q2 financial results, with net sales of $2.3 billion (€1.9 billion).
Sneaker brand On would rather slow down than sacrifice profit margins
Sports shoe brand On posted lower-than-expected revenue in the second quarter. Growth slowed particularly in the Americas. However, the Swiss challenger to Nike and Adidas refuses…
Smithfield Foods Trims Full-Year Forecasts As Consumers Rein In Spending
Smithfield Foods cut its annual total sales and adjusted operating profit forecasts, citing ongoing challenges.
NewPrinces Group Relaunches GS Supermarket Brand In Italy
Italian retail and food conglomerate NewPrinces Group has initiated a major restructuring of its retail operations, placing the historic GS supermarket bra...
GameStop considers withdrawing its takeover bid for eBay
The American chain GameStop is reportedly considering withdrawing its unsolicited takeover bid for eBay and instead opting for a partnership with the online marketplace.
Boden unveils Nashville launch and Alabama plans
Boden is continuing its investment in the United States with the launch of its newest store in Nashville, Tennessee, and the announcement of a third standalone location set to…
Harrods returns to profit after Al Fayed compensation costs
The department store reports turnover close to £1.1bn as it recovers from previous annual losses