Miniso’s revenue for the first half of the year totalled 9,393 million yuan (1,126 million euros), marking a 21.1 % increase. Revenue generated in China increased by 11.4 %, while international revenue rose by 21.5 %. Read More
Britain’s biggest retailers have written to finance minister Rachel Reeves to say that further tax increases in her upcoming budget could undermine the government’s manifesto pledge to improve living standards. Read More
Switzerland is intensifying efforts to strengthen its attractiveness as a business location, its government said on Wednesday, after being hit with some of the highest US tariffs worldwide. Read More
Discount-retailer Ross Stores Inc. jumped after projecting inflation will push more consumers to seek its off-price wares and deliver sales growth above expectations. Read More
Adidas executives visited a small Indigenous town in the mountains of southern Mexico on Thursday to offer an apology over a sandal-inspired shoe design that Mexico’s government had blasted as cultural appropriation. Read More
Long-established UK-based Mamas & Papas is gearing up for the Golden Quarter with “significant” investment to grow the business and with a new leadership team set to deliver the strategy as its CEO steps down. Read More
Birth rates falling to historic lows across the developed world, combined with people living longer, are reshaping the global market for the things we eat, wear and put on our skin. Read More
Estee Lauder forecast annual profit below Wall Street estimates on Wednesday, as the cosmetics giant grapples with persistent weakness in the US. Read More
Guess? Inc. will be taken private by Authentic Brands Group LLC in partnership with co-founders Maurice and Paul Marciano and chief executive officer Carlos Alberini. Read More
One of Italy’s best known fashion labels, Valentino, said on Wednesday it has appointed Riccardo Bellini as its new chief executive. Read More
