Corporate news

[In the Picture] Bershka tests new store concept ahead of US expansion

Bershka is renovating its flagship store in La Coruña and, at the same time, preparing to open its first stores in the United States. The Inditex subsidiary is proving that…

Heat wave helps Magnum post strong results

The Magnum Ice Cream Company sold more ice cream in the first six months of this year, partly thanks to the warm start to the summer. That bodes well for the rest of the year.

Unilever Agrees Two-Year Worker Protection After $65bn McCormick Merger, Memo Shows

Unilever to protect employment terms of workers in its European and British food business for two years after merger with McCormick.

Magnum posts solid first-half results

The Magnum Ice Cream company has credited its “occasion-led demand creation model” for 4.2 per cent revenue growth in the first half of the year, hitting approximately £4.03bn…

Hammerson raises £190m to buy 50% stake in Manchester Arndale

The acquisition expands Hammerson’s footprint into the major UK city centre destination with an annual footfall of 45 million

Majestic doubles down on stores with £4m investment plan

Majestic Wine will invest £4 million in its retail estate this year as the specialist retailer continues to expand its bricks-and-mortar footprint, opening at least four new…

Sonae Posts Double-Digit Growth In Underlying EBITDA And Net Profit In H1 2026

Portugal's Sonae has reported strong growth in the first half of its 2026 financial year, driven by store expansion and increased sales.

Majestic launches £4m store expansion with Trowbridge site

The branch features a tasting counter with staff trained by the Wine and Spirit Education Trust

BAT Lifts Annual Profit Growth Target As Velo Drives US Momentum

Majestic announces £4m investment in store expansion

Wine retailer Majestic has announced a £4m investment in growing and upgrading its brick-and-mortar estate in the upcoming year. Majestic plans to open at least four new stores…

World Cup thirst offsets Chinese hangover for AB InBev

AB InBev outperformed expectations in the second quarter. The World Cup boosted sales in (Latin) America, while higher-priced brands drove revenue growth. Only China continued to…

Danone posts strong first half results

Danone reported a solid performance in its first-half results, with sales increasing by 4.2 per cent on a like-for-like basis to £6.2bn. This was driven by a contribution of 1.9…