Tag: retail

Indonesia delays e-commerce tax plan
Indonesia delays e-commerce tax plan to maintain public purchasing power with a 0.5% income tax collection…

Etsy cuts 12 percent of its staff
Etsy cuts 12 percent of its staff under a restructuring plan to improve coordination and decision-making…

Capri posts lower Q1 sales, revises outlook
Capri Holdings sales dip in Q1 as revenue falls 3.5% to $769 million, but operating income…

Retail losses hit 1 trillion dollars annually
Retail losses hit $1 trillion annually due to stock issues, affecting retail sales and revenue.

Eagle Outfitters CEO wins top retail honour
American Eagle Outfitters CEO wins top retail honour as Visionary 2027 award recipient for his three-decade…

Weston bid casts doubt on Boots deal
The £7bn Boots takeover bid faces uncertainty as the Weston family revises terms, casting doubt on…

Ibotta Partners with 7-Eleven on Discounts
Ibotta partners with 7-Eleven on discounts for consumer packaged goods through their app ecosystem, offering deals…

EU accuses Temu of obstructing subsidy probe
EU accuses Temu of obstructing subsidy probe into foreign subsidies that distort competition in the internal…

Prada revenues rise 16 percent in half
Prada revenues rise 16 percent in the first half of 2026 with strong retail sales growth.

Hermès revenue up 2 percent
Hermès revenue increases by 2 percent driven by France and Japan sales growth with strong performance…