Fabletics plans to triple its international footprint
The company is opening 45 new stores over the next year and expanding into new markets after surpassing $1 billion in net revenue.
Corporate news
Fresh headlines across food, beverage, personal-care, home-care, retail and FMCG services, updated automatically and linked to the original publishers.
Frasers Group acquires luxury retailer Harvey Nichols
Deal includes six UK stores and 1,000 staff but excludes OXO Tower restaurant
Heineken subsidiary Alken-Maes in the red
The Belgian brewer Alken-Maes, part of the Heineken Group, ended 2025 with a decline in revenue and a substantial net loss in a shrinking market. The company does not expect to…
Lifeway delivers record revenues in Q2
Gross Profit Margin equaled 19.5%, compared to 28.6% in the prior-year period, primarily reflecting elevated milk prices, temporary increases in resin costs for packaging and…
Nomad Foods slashes EPS forecast on debt restructuring
Nomad Foods has slashed its EPS guidance as the Findus brand owner posted an anticipated decline in second-quarter sales and profits. The post Nomad Foods slashes EPS forecast on…
HelloFresh continues to shrink: “A strategic choice”
HelloFresh has once again reported a decline in revenue and the number of orders for the second quarter of 2026. The company says it is focusing on existing customers with high…
Vafo notches up another acquisition with Pets Deli
Czech pet-food group Vafo has made another acquisition, buying German direct-to-consumer brand Pets Deli for an undisclosed sum. The post Vafo notches up another acquisition with…
Morrisons debt hits £7.52bn following takeover
Supermarket balance sheet weighed down by fresh lease liabilities and mounting preference share obligations
Frasers Group close to Harvey Nichols pre-pack acquisition
Sources close to the negotiations indicate Frasers Group plans to retain all UK retail locations
Sephora opens first Glasgow store as UK expansion accelerates
Sephora has opened the doors to its first Glasgow store at Silverburn as it continues to ramp up its UK expansion. The 4,940 sq ft shop, which opened today, marks Sephora’s second…
Toss secures £660k in investment funding
Condiment brand Toss has secured £660,000 in funding from a collection of venture capital, angel investors, and industry founders. The investment will be used to grow brand…
Apetit issues profit warning as hot weather hits peas
Apetit has cut its full-year profit outlook, citing “challenging” weather conditions in Sweden that are expected to reduce pea crop yields. The post Apetit issues profit warning…