By Reuters Published August 21, 2025 Walmart on Thursday raised its fiscal year sales and profit forecast, driven by strong demand from shoppers across all income levels, who have turned to the world’s largest retailer as they worry about rising costs. Walmart retails goods ranging from clothing to home goods The company’s results show it […]
Walmart hikes annual forecast as low price focus draws shoppers Read More »
By Reuters Published August 21, 2025 From Japan’s Shiseido to France’s L’Oreal, global cosmetics giants are doubling down on India, betting on the world’s most populous nation as a key growth market for premium offerings while sales slow in developed economies. Nars Cosmetics has partnered with Nykaa to expand presence in India – Nars Cosmetics
Global beauty firms look to carve up Indian market as ‘last bastion’ of growth Read More »
By AFP Published August 21, 2025 In countries around the world, beauty standards have shifted radically in recent years, with a growing number of beauty salons and cosmetic brands in Tunisia promoting natural styles. Haircare products by Tunisian brand Kamaana – Kamaana- Facebook Still, the battle is far from won, and many women in Tunisia
‘Curly is beautiful’: Tunisian women embrace natural hair Read More »
By Bloomberg Published August 21, 2025 The unlikely must-have item for tourists in Japan is the footwear of choice of Kill Bill’s protagonist. Onitsuka Tiger, the fashion brand reborn when Uma Thurman’s The Bride wore its sneakers in Quentin Tarantino’s 2003 movie, is enjoying record sales. Inside an Onitsuka Tiger store in Paris, France – Onitsuka
‘Kill Bill’ sneakers turn Japan soft power into hard profits Read More »
By Reuters Published August 21, 2025 Jewellery retailer Claire’s said on Wednesday it would sell its North American business to private equity firm Ames Watson for $104 million in cash, in a deal that will keep at least 795 retail locations in business. Claire’s is known for its youthful accessories and jewellery – Claire’s The
Bankrupt jewellery retailer Claire’s to sell its North American business Read More »
By Bloomberg Published August 21, 2025 Coty Inc. fell after forecasting steep sales declines will continue as retailers clear out existing inventory and consumer demand remains tepid in the face of an uncertain economic outlook. Coty’s portfolio includes both high end and mass market perfume labels – Coty Shares sank 12% in post-market trading. Coty
Coty’s turnaround flagging as perfume sales drop set to persist Read More »
By Reuters Published August 20, 2025 Mixed sales and profit forecasts from major US retailers such as Target and Home Depot have prompted investors to question if this year’s crucial holiday season will yield the windfall typically associated with a year-end shopping surge. Target is known for its holiday themed apparel and home goods collections
US retailers split on holiday prospects amid consumer caution Read More »
By Bloomberg Published August 20, 2025 Guess? Inc. will be taken private by Authentic Brands Group LLC in partnership with co-founders Maurice and Paul Marciano and chief executive officer Carlos Alberini. Guess’ store in Taormina Shareholders will get $16.75 a share in cash, a 26% premium to the stock’s closing price on Tuesday. The deal
Guess will go private in $1.4 billion deal with Authentic Brands Read More »
By Reuters Published August 20, 2025 In an era of short attention spans and a White House that has declared war on diversity programs, companies are embracing edgier marketing. But the strategy can carry risks. Swiss watchmaker Swatch recently got in trouble for an ad that mimicked racist taunts against Asians and had to apologise.
Swatch ad that sparked backlash puts focus on risky campaigns amid diversity rollbacks Read More »
By Reuters Published August 20, 2025 Justin King, one of Britain’s most prominent business figures, will quit the board of Marks & Spencer next month, the retailer said on Wednesday. Marks & Spencer retails goods ranging from apparel to groceries Media reports last month said King was the frontrunner to take over as chair of
Justin King quits board of British retailer M&S Read More »
