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.
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Under Armour hits play on K-pop partnership
The company named BoyNextDoor as global brand ambassadors as it works on an Asia-Pacific rollout of its Bouncy Tee line.
Kraft Heinz reports weak Q2 performance
Kraft Heinz net sales have fallen by 1.4 per cent year-on-year to approximately £4.6bn in Q2, with the group blaming a shift in Easter timing and inflationary pressures. The…
Barbie is ready to be a ‘fashion icon’
While Mattel is entering a new chapter with the doll, it swung to a net loss in Q2.
Best Buy picks Nordstrom alum for CFO
Anne Bramman succeeds Matt Bilunas, who left the retailer last month after serving as its finance chief for seven years.
Ahold Delhaize USA remains an e-commerce powerhouse, but reports sluggish sales growth
Like many U.S. grocers, the company’s comparable store sales performance was weighed down by the Inflation Reduction Act.
Former Carrefour CEO Daniel Bernard has died
Daniel Bernard, who served as CEO of Carrefour from 1998 to 2005, passed away on the night of August 4–5. He expanded the retailer’s international operations, oversaw the merger…
Michael Kors’ disappointing performance weighs on Capri Holdings’ results
Capri Holdings saw a decline in revenue in the first quarter of its fiscal year, primarily due to Michael Kors's underperformance, despite strong results from Jimmy Choo.
Honest Burgers launches on Just Eat UK
Discover what's happening in retail today, Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and much more…
The Perfume Shop celebrates one year of its Boutique Concept as demand for niche perfumes continues to grow
Discover what's happening in retail today, Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and much more…
Ahold Delhaize winds down plans for 2 automated frozen warehouses
The grocer and supply chain solutions company Americold are closing a facility in Pennsylvania and halting plans for one in Connecticut.
Kraft Heinz Raises Forecasts As New CEO's Turnaround Push Drives Sales Beat
Kraft Heinz raised its annual outlook after quarterly sales beat estimates, as price increases offset weaker volumes across key markets.