Puma lowers full-year outlook on weaker sales, US tariffs
German sportswear brand Puma revised its 2025 full-year financial outlook on Thursday, citing weaker-than-expected topline growth and anticipated impacts from U.S. tariffs. Read More
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Amazon faces UK lawsuits worth up to $5.4 billion from retailers, consumers
Amazon faces two mass lawsuits from retailers and consumers worth up to 4 billion pounds ($5.4 billion) for allegedly abusing its dominant position, after a London tribunal on Thursday certified the cases could proceed. Read More
Sunny June boosts UK retail sales, fashion edges up, says ONS
Retail sales volumes are estimated to have risen by 0.9% month on month in June 2025, following a fall of 2.8% in May 2025, the Office for National Statistics said on Friday. Read More
El Corte Inglés to invest 3 billion euros until 2030 and re-elects Marta Álvarez as chairwoman
El Corte Inglés announced that it will invest 3 billion euros as part of its 2030 strategic plan. This was decided at its shareholders’ meeting, where Marta Álvarez was re-elected as president for the next five years. Read More
Pepco’s German unit files for insolvency to restructure stores
Pepco Group’s German unit has filed for insolvency proceedings as it seeks to revamp its loss-making store network in the country. Pepco Germany filed for the proceedings at a Berlin court. Read More
Boots to open fragrance-only store in London this year
Boots is continuing its growth drive in the UK and will open a first-of-its-kind fragrance boutique in London this autumn. It will carry 400+ luxury and niche scents including UK exclusives and new brands to the chain. Read More
Puma shares dive after warning of full year loss
Puma’s shares were seen down around 20% in early trade on Friday after the brand slashed its full-year outlook and posted weaker-than-expected quarterly results on Thursday, citing currency headwinds and impacts from US. Read More
Pleasing enters sexual wellness category
With a name like Pleasing, it was always on the cards that Harry Styles’ beauty-meet-fashion-meets lifestyle brand would move on to sexual wellness and so it has. Read More
‘South Park’ skewers Trump over Epstein files, depicts him in bed with Satan
After a two-year break, “South Park” returned to TV on Wednesday night with an explosive episode aimed squarely at Donald Trump that depicted the president in bed with Satan and referenced Jeffrey Epstein. The start of the new season of “South Park” was delayed by several weeks while the Paramount network secured a deal worth…
Trump backs Florida state senator to lead RNC
President Donald Trump is backing Florida state Sen. Joe Gruters to chair the Republican National Committee and replace Michael Whatley as he runs for Senate in North Carolina. Trump announced his support Thursday in a Truth Social post about Whatley, who is expected to publicly announce his Senate candidacy in the coming days. “Fortunately, I…