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LVMH shares rise after mixed bag results with ‘glimmers of hope’

By Reuters Published July 25, 2025 Shares in French luxury group LVMH rose on Friday after the group reported quarterly results, with analysts pointing to hopes on the horizon as the group said it saw some signs of recovery in the key Chinese market. One of LVMH’s main brands is Louis Vuitton – Photo: Louis […]

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India-UK trade deal signals Modi’s priorities as New Delhi eyes EU, US pacts

By Reuters Published July 25, 2025 India’s trade deal with Britain is a sign of New Delhi’s new gradual shift to opening up its markets while shielding crucial sectors from competition and could be its template for future agreements, government officials and analysts said on Friday. Indian PM Narendra Modi and UK PM Keir Starmer

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Newprinces open to further acquisitions after Carrefour’s Italian business

By Reuters Published July 25, 2025 Italian food and beverage manufacturer Newprinces said on Friday it would consider other acquisitions, if the opportunity arises, after buying Carrefour’s loss-making business in Italy. Carrefour is a multinational retail and wholesale business “The M&A market is not something that you can control… If we find an interesting opportunity

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Amazon faces UK lawsuits worth up to $5.4 billion from retailers, consumers

By Reuters Published July 25, 2025 Amazon faces two mass lawsuits from retailers and consumers worth up to 4 billion pounds (5.4 billion dollars) for allegedly abusing its dominant position, after a London tribunal on Thursday certified the cases could proceed. Amazon retails a wide range of products, from clothing to books Andreas Stephan, a

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El Corte Inglés to invest 3 billion euros until 2030 and re-elects Marta Álvarez as chairwoman

By Europa Press Published July 25, 2025 El Corte Inglés announced that it will invest 3 billion euros as part of its 2030 strategic plan during its shareholders’ meeting held this Thursday in Madrid, where Marta Álvarez was re-elected as president of the group for the next five years. El Corte Inglés to invest 3

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Pepco’s German unit files for insolvency to restructure stores

By Reuters Published July 25, 2025 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. The unit operates 64 stores and employs around 500 people. All stores will remain open until further notice. Pepco

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Puma shares dive after warning of full year loss

By Reuters Published July 25, 2025 Puma’s shares were seen down around 20% in early trade on Friday after the German sportswear brand slashed its full-year outlook and posted weaker-than-expected quarterly results on Thursday, citing currency headwinds and impacts from US tariffs. Puma is known for its sportswear and retails globally The company now expects

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Vestiaire Collective appoints Samina Virk as marketing director

High-end second-hand resale platform Vestiaire Collective has appointed Samina Virk as marketing director. Virk will combine this new role with her position as managing director, US, which she took on in 2023. Samina Virk – Clémence Poles With this new dual role, Samina Virk is responsible for overseeing “marketing, creative, social media, press relations and influencer teams globally,

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Boots to open fragrance-only store in London this year

Boots is continuing its growth drive in its core UK market and will open a first-of-its-kind fragrance boutique in London this autumn. It will showcase over 400 luxury and niche scents including UK exclusives and new brands to the chain. The company said the boutique “will offer a sensory-led retail space with expert consultations, premium

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