European parcel tax hits Shein hard: prices rise, profits halve
The new European tax on low-cost packages is hitting Shein’s pricing model hard: operating profit fell by half in the first half of the year. The Chinese fashion giant is raising…
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Maersk Q2 Profit Surges Past Forecasts, Raises Outlook For Second Time This Year
Maersk smashed profit forecasts and raised its full-year earnings guidance for a second time this year due to higher freight rates.
Ralph Lauren calls for “optimism and aspiration” as profits jump 23%
Ralph Lauren has raised its full-year outlook after posting better-than-expected first-quarter results, driven by strong trading across its retail and wholesale channels…
Smurfit Westrock Downgrades Full-Year Profit Guidance On Freight Costs
Smurfit Westrock cuts its full-year profit forecast as higher freight costs are expected to persist for the rest of the year.
ADM Lifts 2026 Profit Forecast On Strong Margins, Favourable Biofuels Outlook
Archer-Daniels-Midland raised its 2026 profit outlook as it beat Wall Street estimates for second-quarter earnings.
Nichols sales rise as Vimto delivers strong international growth
Vimto owner Nichols has posted higher first-half sales and profit, driven by growth across its UK, international and out-of-home businesses. Group revenue increased 4.7 per cent…
UK's McBride Warns Profit To Miss Expectations As Iran War Drives Up Input Costs
Private-label manufacturer McBride warns FY26/FY27 profits will miss market views by 5%-10% as Iran war costs squeeze margins.