Shein targets lower valuation for Hong Kong float after profit slide
For its planned float on the Hong Kong Stock Exchange, Shein has presented investors with a valuation in the mid-to-high $20 billions. The post Shein targets lower valuation for…
Retail news
Fresh headlines across food, beverage, personal-care, home-care, retail and FMCG services, updated automatically and linked to the original publishers.
On shares plunge as Q2 sales miss expectations despite profit growth
On lowered its full-year sales outlook as second-quarter revenue growth slowed in its largest market
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…
Harrods back in the black after abuse scandal and cyberattacks
Harrods has turned its loss around and returned to profitability in the past fiscal year. The London luxury department store held its ground in a challenging luxury market and…
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
Ralph Lauren reports higher-than-expected growth in turnover and profit
Ralph Lauren closed the first quarter of its fiscal year with net revenue of $1.96 billion (approximately 1.7 billion euros), up 14% from a year earlier. Following this…
Mr. Marvis breaks the 100 million euro mark and doubles profits
The Dutch pants brand Mr Marvis is doing well: in 2025, its revenue exceeded 100 million euros for the first time, and its profits doubled. Significant marketing investments…
DoorDash Projects Strong Growth As Delivery Demand Holds Firm
DoorDash forecast Q3 gross order value and core profit above Wall Street estimates after topping results for the prior three months.
Glanbia Hikes Profit Forecast As Weight-Loss Drugs Boost Demand For Protein Products
Glanbia hiked its full-year profit forecast following bumper demand for its protein products, including customers using weight-loss drugs.
Michael Kors a drag in Q1 as Jimmy Choo kicks revenue up 10%
Owner Capri Holdings suffered from woes at its larger label, as total revenue fell more than 3% compared to last year, though margins and profits expanded.
John Lewis chair warns profits squeezed by tough trading
Retailer prepares for lower sales and rising costs as turnaround plan faces pressure
Next raises full-year profit forecast by £25m amid Q2 sales surge
Company executives attributed the growth to sustained warm summer weather in the UK