Klarna cuts revenue outlook as European retail slowdown hits
Klarna has slashed its full-year revenue and sales volume forecasts as weaker consumer spending across Europe, particularly in Germany, weighs on the company. The payments firm…
Retail news
Fresh headlines across food, beverage, personal-care, home-care, retail and FMCG services, updated automatically and linked to the original publishers.
Shein valuation plunges from $100bn to $25bn ahead of Hong Kong IPO
Fast-fashion retailer reportedly plans to offer 8% of shares as slower growth and regulatory pressures weigh on investor appetite
Harvey Nichols pauses online operations amid Frasers takeover
Harvey Nichols has temporarily paused online trading as it transitions to new ownership under Frasers Group. The luxury department store’s website has been replaced with a holding…
Under Armour ends partnership with The Rock amid marketing reset
The athletic brand said the decade-long relationship came to a “natural conclusion” just months after it parted ways with Steph Curry.
To lure in shoppers, J.C. Penney takes aim at off-price stores
In a new campaign the department store touts its fashion and home assortments as affordable, but superior to the finds at discounters.
Euro Area Reports €8.6bn Trade Surplus In June 2026 - Eurostat
The euro area recorded an €8.6 billion surplus in goods trade with the rest of the world in June 2026, up from €4.8 billion in June 2025.
Mothercare warns over future as revenue plunges 42%
Mothercare has warned of “material uncertainty” over its ability to continue trading if conditions deteriorate further, as annual revenue plunged 42 per cent. It saw group revenue…
Fashionphile head of UK brand on its new Vauxhall pop-up
US ultra-luxury resale platform Fashionphile recently opened its first physical retail space in the UK, launching a pop-up in Vauxhall. The launch marks the next stage in the…
BFC to ‘decentralise’ British fashion with new event programme
The British Fashion Council (BFC) has partnered with Westfield to host ‘Fashion Britain’, a programme of events running across seven UK cities. The events include immersive…
Harvey Nichols following takeover: redundancies and closures on the horizon
(update) Now that Frasers Group, the retail group behind Sports Direct and Flannels, has taken ownership of the British luxury department store Harvey Nichols, the new owner is…
M&S introduces limited collection by London streetwear label Aries
Marks & Spencer is teaming up with luxury streetwear label Aries on a 26-piece capsule collection that sees the relaunch of the heritage St Michael label. Spanning womenswear and…
EXCLUSIVE: Retailers fear illicit tobacco is damaging c-stores’ reputation
The findings come from an exclusive Better Retailing Club Rewards survey