Actual News 247

Australia’s Sigma Healthcare said on Monday it had ⁠walked away from preliminary talks to buy British pharmacy chain Boots. Read More

The United States and Iran have reached an agreement to end the war in the Middle East “immediately and permanently” on every front, including in Lebanon, according to the Pakistani mediator. Read More

Ocean freight costs on routes between Asia and the West have climbed by more than a third over the past three weeks. Amid tensions in the Middle East and higher oil prices, the peak season is starting earlier than usual. Read More

Canadian activewear giant Lululemon is investing in a renewable energy fund focused on expanding wind and solar power capacity in China. Read More

Canada’s Roots said on Friday first-quarter sales rose 6.5% to $42.6 million for the period ended May 2, driven by growth across both its direct-to-consumer and wholesale businesses. Read More

A takeover offer for Hugo Boss may be a big deal but it hasn’t stopped Frasers Group looking for other acquisitions. The company has also launched an offer for Australian sports performance and lifestyle retailer Accent. Read More

​The release of the annual King’s King’s Birthday Honours List at the weekend saw a number of key names from the fashion, retail, design and beauty sectors being honoured. Read More

​Womenswear brand Debute will unveil an “immersive” summer pop-up for just two days later this month, with a focus on its new SS26 collection, ‘Between Tides’. Read More

The group ended the financial year with its lowest level of debt in two decades, enabling it to increase investment by 14.6% this year to €650 million. Read More

Netflix documentary “America’s Next Top Model” scrutinises the US reality competition show and interviews host Tyra Banks, who is now accusing the show’s producers of defamation. Read More