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By Reuters Published August 22, 2025 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. The ‘Oaxaca slip-on’ by Adidas – HiSo Burman- Facebook The German sportswear company sent representatives from its […]

By Bloomberg Published August 22, 2025 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. Ross Stores retail products ranging from clothing to homeware – Ross Dress for Less Same-store-sales will grow 2% to 3% a quarter for the next two

By Bloomberg Published August 22, 2025 Consumer companies can cope with the baby bust. They just have to pivot to baby boomers. 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. An ageing population

By Reuters Published August 21, 2025 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. John Lewis has joined numerous UK retailers to petition the government The letter, published on Thursday, was coordinated by

By Europa Press Published August 21, 2025 The Chinese homeware and accessories chain Miniso closed the first half of the year with an attributable net profit of 906 million yuan (108.6 million euros), 22.6% less than during the same period last year. One of Miniso’s stores – Miniso Miniso’s revenue totalled 9,393 million yuan (1,126

Published August 21, 2025 Long-established UK-based Mamas & Papas is gearing up for the Golden Quarter with “significant” investment to grow the business at home and abroad with a new leadership team set to deliver the strategy as its CEO steps down. Sarah Ashby Backed by private equity firm BlueGem, the Huddersfield-based company “wants to

By Reuters Published August 21, 2025 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. The announcement sent shockwaves through the country’s watch industry, among others. ​Switzerland’s exports range from watches to medicine supplies Efforts will

By Reuters Published August 21, 2025 Target needs a hard reset on strategy, Wall Street believes. And new CEO Michael Fiddelke may not be the person to do it. Target’s new CEO Michael Fiddelke The retailer has missed the performance mark for many quarters, with sales flagging after a pandemic high, as it failed to

Published August 21, 2025 Global couturier Rahul Mishra has launched a flagship store in Mumbai’s historic Horniman Circle. Designed in collaboration with architecture and interiors specialist Rooshad Shroff, the new ‘Maison Rahul Mishra’ measures an expansive 7,500 square feet. Inside Rahul Mishra’s new Mumbai store – Rahul Mishra Rahul Mishra’s latest address has opened its

By Bloomberg Published August 21, 2025 Rent the Runway Inc. will hand over a controlling stake in the company as part of a plan to cut debt and grow, after residual effects of the Covid-19 pandemic pushed the firm to the brink of bankruptcy.  Rent the Runway is designed to enable its customers to rent