Shein’s US ambitions hindered by FTC investigation, tariffs
The global e-commerce giant disclosed the investigation as it preps for a Hong Kong IPO and also noted it has been bumping prices to tackle tariff costs.
Corporate
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Nestlé and Platinum Equity to create joint venture
Nestlé and Platinum Equity announce a plan to create Peranel, a 50:50 joint venture for Nestlé’s waters and premium beverages business, designed to establish a dedicated player…
P&G Forecasts Slower Annual Sales Growth As Cost Headwinds Weigh
Procter & Gamble has forecast slower revenue growth in fiscal 2027 after quarterly sales fell short of estimates and margins dropped.
Walmart Reports 1.9% Q2 Revenue Growth In Mexico And Central America
Walmex reported a 1.9% increase in consolidated revenue for the second quarter of 2026, to 249.2 billion pesos (€12.5 billion).
Trixie pet treats in Germany sells majority stake to Central Garden & Pet
Nasdaq-listed Central Garden & Pet Company has entered an agreement to acquire a majority stake in fellow dog and cat treats business Trixie. The post Trixie pet treats in Germany…
Chapel Down posts strong first-half results
English winemaker Chapel Down has reported strong results for the six-month period ended on 30 June 2026, which was significantly ahead of the prior year’s earnings. The business…
SuanNutra acquires specialty natural ingredients from IFF
The combination is a transformational step for SuanNutra, delivering directly on its strategy of scaling nutraceutical science into measurable impact and expanding into…
Fewer new supermarkets in Belgium; more discount stores, cosmetics, and restaurants
Although supermarket expansion in Belgium is slowing down, the retail leasing market remains dynamic, with very active non-food discount chains, a few notable international…
Mango turnover climbs 7.2% to €1.8bn in H1 2026
International markets account for 77% of turnover as retailer targets growth in Spain, France, Turkey, Germany and the US
Nichols Reports 'Strong' First-Half Results, Raises Dividend
Soft drinks maker Nichols has reported 'strong' first-half performance with growth in revenue and operating profit.
Frasers boss warns higher business rates are curbing high street investment
Michael Murray says retailers are penalised for refurbishing stores as rising costs and tax changes pressure the sector
Damm takes stake in Dalston’s Soda
Damm UK has made its first soft drinks partner London-founded Dalston's Soda Co, marking another step in the company’s journey to diversify its drinks portfolio. Jessica Mason…