Bussiness

Fast fashion firms prepare for EU crackdown on waste mountain

Posted by September 1, 2023

EU to make companies tackle millions of tonnes of wasteInditex invests 3.5 million euros in Spain garment reuseLarge scale textile recycling faces big challenge

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Nike’s gloomy forecast puts spotlight on N America slowdown

Posted by June 29, 2023

[1/2]People walk past a store of the sporting goods retailer Nike Inc at a shopping complex in Beijing, China March 25, 2021. REUTERS/Florence Lo/File PhotoJune

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JD Sports says still on track despite North American slowdown

Posted by June 27, 2023

Warns on N.America tradingUK, Europe, Asia still strongNo change to annual profit guidanceShares down 4.5%LONDON, June 27 (Reuters) - JD Sports Fashion (JD.L) s

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European shares lifted by US debt deal optimism, Swedish real…

Posted by June 2, 2023

Real estate stocks rallyU.S. jobs data due at 1230 GMTLululemon results boost Adidas, PumaJune 2 (Reuters) - European shares rose on Friday, with real estate an

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JD Sports lifts outlook after 20% Christmas revenue growth

Posted by January 11, 2023

LONDON, Jan 11 (Reuters) - British clothes and footwear retailer JD Sports (JD.L) reported total revenue growth of over 20% in the six weeks in the run up to Ch

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Demand for Messi, Mbappe soccer gear spikes after World Cup

Posted by December 20, 2022

LONDON, Dec 20 (Reuters) - In the wake of Sunday's World Cup final soccer fans around the world have rushed to buy merchandise, with demand for Lionel Messi and

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Adidas sticks to World Cup sales outlook despite Germany’s exit

Posted by December 2, 2022

BERLIN, Dec 2 (Reuters) - Adidas (ADSGn.DE) is left with just three of its seven sponsored teams in the World Cup, but the German sportswear maker is sticking t

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Analysis: Retailers turn to robots in cost inflation fight

Posted by December 1, 2022

Sector seeing acceleration in automationSeen as bulwark to tight and expensive labour marketLONDON, Dec 1 (Reuters) - At a vast warehouse in the southern Dutch

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Analysis: European retailers are on investors’ naughty lists this Christmas

Posted by October 28, 2022

European retail stocks down almost 40% YTDAdidas, H&M warn of weaker demandEuro, sterling headwinds squeeze marginsEuro zone non-food retail trade down 3%LO

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IKEA to liquidate Russian unit as part of sanctions-led pullout

Posted by August 16, 2022

A view shows the logo of IKEA on a closed store in Kotelniki outside Moscow, Russia July 5, 2022. REUTERS/Evgenia NovozheninaRegister now for FREE unlimited acc

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