Advertise with fastmoving.co.za
 
 

INTERNATIONAL NEWS

Subscribe to International News

Co-op to roll-out franchise model

Co-op to roll-out franchise model

13/02/2019 - 14:40
The Co-op has confirmed that it is looking to develop a network of franchise stores following successful trials of the model. read more
Toys R Us makes a comeback as Tru Kids Brands

Toys R Us makes a comeback as Tru Kids Brands

12/02/2019 - 19:17
Toys R Us is making a comeback as a brand new company known as Tru Kids Brands, one year after the toy retailer went bust.  read more
Click & collect market in the UK to grow nearly 50% over the next five years

Click & collect market in the UK to grow nearly 50% over the next five years

11/02/2019 - 09:50
The UK click & collect market is set to grow 45.8% over the next five years to reach £9.8bn by 2023, but growth will slow as the fulfillment method matures and services offered by retailers are optimised, according to data and analytics company GlobalData. read more
Hermes optimistic about Chinese sales

Hermes optimistic about Chinese sales

09/02/2019 - 21:32
French luxury handbag label Hermes said that sales momentum in its Chinese stores stayed strong in the fourth quarter, adding to reassuring signals from rivals over enduring demand in one of the industry's biggest markets. read more
Amazon grocery service slowly returns in India after e-commerce disruption

Amazon grocery service slowly returns in India after e-commerce disruption

08/02/2019 - 09:54
Amazon.com Inc’s grocery service is slowly returning on its India website after the online retail giant faced disruption from revised e-commerce curbs which kicked in on Feb. 1. read more
Amazon Pantry slowly returns in India after e-commerce disruption

Amazon Pantry slowly returns in India after e-commerce disruption

06/02/2019 - 11:15
Amazon.com’s grocery service is slowly returning on its India website after the online retail company faced disruption from revised e-commerce curbs which kicked in on February 1. read more
 Global smartphone sales see worst drop ever in 2018, survey shows

Global smartphone sales see worst drop ever in 2018, survey shows

04/02/2019 - 10:58
Global smartphone sales saw their worst contraction in 2018, and the outlook for 2019 is not much better, new surveys show.  read more
Toymaker Lego aims at rapid expansion in China

Toymaker Lego aims at rapid expansion in China

04/02/2019 - 10:48
Danish toymaker Lego plans to more than double the number of shops in China in 2019 to 140 in its most rapid expansion in any market as demand for its colourful plastic bricks remains unaffected by a broader slowdown in the economy.  read more
 LVMH shares react well to positive comments in results

LVMH shares react well to positive comments in results

31/01/2019 - 11:07
LVMH shares surged high after LVMH struck a “cautiously” confident tone for the year and said sales had picked up in China in the fourth quarter.  read more
Unilever boosts home care business with another acquisition

Unilever boosts home care business with another acquisition

30/01/2019 - 11:18
Unilever has continued its recent acquisition spree with a deal to buy The Laundress, a New York-based business that sells a line of eco-friendly detergent, fabric care, and home cleaning products. read more
Global sesame oil market - Key findings and insights

Global sesame oil market - Key findings and insights

29/01/2019 - 14:36
The global sesame oil market revenue amounted to $6.9B in 2017 (IndexBox estimate), flattening at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). read more
UK retailer Tesco restructuring threatens 9,000 jobs

UK retailer Tesco restructuring threatens 9,000 jobs

29/01/2019 - 11:29
Up to 9,000 jobs are at risk as part of a restructuring programme announced by British supermarket giant Tesco. read more
Alibaba creates new smartphone technology that allows the blind and visually-impaired to shop online

Alibaba creates new smartphone technology that allows the blind and visually-impaired to shop online

28/01/2019 - 09:56
Alibaba has created new smartphone technology that allows the blind and visually-impaired to shop online. read more
Iceland maintains crown in supermarket customer satisfaction

Iceland maintains crown in supermarket customer satisfaction

28/01/2019 - 08:34
Iceland has maintained its position as the highest-rated supermarket for customer satisfaction for the second time running.  read more
Amazon named consumers' favourite brand

Amazon named consumers' favourite brand

23/01/2019 - 09:30
Amazon has been named by consumers as their favourite brand, with other retailers such as Marks & Spencer, John Lewis, Sainsbury’s and Tesco following close behind. read more
Fossil sells smartwatch technology to Google in $40m deal

Fossil sells smartwatch technology to Google in $40m deal

21/01/2019 - 09:47
Fossil has sold its “smartwatch technology currently under development” to Google in a deal worth $40 million (£31 million). read more
M&S confirms more store closures

M&S confirms more store closures

17/01/2019 - 08:41
Marks & Spencer confirmed the location of the next batch of stores it plans to close as part of its restructuring plans. read more
Carrefour to use AI for supply chain optimisation

Carrefour to use AI for supply chain optimisation

15/01/2019 - 15:19
Carrefour has announced plans to use artificial intelligence to optimise its inventory management, making it the first French retailer to do so. read more
Why Macy’s guidance triggered US retail wipeout

Why Macy’s guidance triggered US retail wipeout

15/01/2019 - 14:18
Macy’s did not have as merry a Christmas as it expected, and now all of retail is under the microscope. read more
Global pineapple juice market - Key findings and insights

Global pineapple juice market - Key findings and insights

15/01/2019 - 09:04
The global pineapple juice market revenue amounted to $829M in 2017, coming down by -4.1% against the previous year. A dip in raw material prices for the pineapple concentrate and uncertainty within producers in Thailand resulted in a price drop and a subsequent fall in the market value.  read more
Online sales boost luxury goods group Richemont’s earnings

Online sales boost luxury goods group Richemont’s earnings

14/01/2019 - 09:04
Johann Rupert’s Richemont, the luxury goods group that was initially cautious about e-commerce, has seen online businesses YOOX Net-a-Porter (YNAP) and Watchfinder giving its earnings a handy boost.  read more
Record Christmas for Aldi as it steals customers from rivals

Record Christmas for Aldi as it steals customers from rivals

07/01/2019 - 14:43
New stores and demand for its premium ranges helped Aldi generate UK sales of almost £1bn in December, its best ever result for the Christmas trading period.  read more
58% of UK shoppers face Christmas delivery problems

58% of UK shoppers face Christmas delivery problems

19/12/2018 - 11:39
More than 50 per cent of people who shopped online over last year’s Christmas period have experienced some sort of problem with their delivery, according to new research. read more
China’s online shopping to disrupt the world soon enough

China’s online shopping to disrupt the world soon enough

19/12/2018 - 07:51
While SA’s retail sector is yet to fully embrace e-commerce, its Brics partner, China has become a behemoth in online shopping, which accounts for a massive chunk of luxury retail around the world.  read more
Iceland opens world’s first supermarket ice rink

Iceland opens world’s first supermarket ice rink

14/12/2018 - 14:05
Iceland has introduced a new concept for Christmas – shopping on ice! read more
Superdry blames warm weather as shares plunge on warning

Superdry blames warm weather as shares plunge on warning

14/12/2018 - 10:02
Superdry shares plunged more than a third after the British fashion chain warned on profits for the second time in less than three months, blaming unusually warm weather for hitting sales of winter jackets and jerseys. read more
Superdry half-year profits drop by 49%

Superdry half-year profits drop by 49%

13/12/2018 - 10:13
Superdry has revealed a massive drop in underlying profit in its interim results despite an uptick in overall revenue, as the fashion retailer conceded it had a “difficult first half”. read more
Asda remains fastest-growing supermarket of UK's 'Big Four'

Asda remains fastest-growing supermarket of UK's 'Big Four'

12/12/2018 - 10:16
Asda remains the best performer of the UK’s ‘Big Four’ supermarkets, registering a 1.5% sales rise in the 12 weeks to 2 December, according to the latest market share figures from Kantar Worldpanel. read more
Amazon Go to open first UK store

Amazon Go to open first UK store

11/12/2018 - 20:48
Amazon has reportedly set its sights on a location near Oxford Circus in central London for its first cashierless grocery store in the UK. read more
Britain's Ted Baker says CEO Kelvin to go on leave during probe into hugging

Britain's Ted Baker says CEO Kelvin to go on leave during probe into hugging

11/12/2018 - 10:08
Ted Baker’s CEO and founder Ray Kelvin is to take a voluntary leave of absence while allegations about his conduct are investigated, the British fashion retailer said. read more
Aldi opens a record number of stores in one day

Aldi opens a record number of stores in one day

07/12/2018 - 09:45
Aldi UK has opened a record eight stores on a single day as part of a tranche of 24 new outlets that are opening throughout November and December.  read more
UK Grocers 'under pressure' as Christmas approaches

UK Grocers 'under pressure' as Christmas approaches

04/12/2018 - 10:25
Weaker-than-expected growth in the month of October is putting retailers under pressure as Christmas approaches, according to Nielsen. read more
Hamleys opens first Japanese stores

Hamleys opens first Japanese stores

04/12/2018 - 08:38
Hamleys has marked its entry into the Japanese retail market with the opening of two large, theme park-style outlets. read more
Abercrombie & Fitch soars after upbeat holiday sales forecast

Abercrombie & Fitch soars after upbeat holiday sales forecast

03/12/2018 - 13:52
US teen apparel retailer Abercrombie & Fitch forecast same-store sales for the holiday quarter above analysts’ estimates, driven by strong sales at its Hollister and flagship stores, sending its shares rising 24% in early trading. read more
UK retail property values to drop next year

UK retail property values to drop next year

30/11/2018 - 10:42
The UK’s five largest property funds stand to risk billions of pounds invested in the country’s struggling retail sector. read more
Unilever in pole position to swallow GDK's Indian Horlicks business

Unilever in pole position to swallow GDK's Indian Horlicks business

29/11/2018 - 08:42
Unilever has emerged as the leading bidder in a tight contest for GlaxoSmithKline’s Indian Horlicks nutrition business, three people familiar with the situation told Reuters. read more
H&M shutting down Cheap Monday brand

H&M shutting down Cheap Monday brand

28/11/2018 - 16:37
H&M, the world's second-biggest fashion retailer, said that it would close down its struggling independent brand, Cheap Monday. read more
Henkel still recovering after US delivery problems

Henkel still recovering after US delivery problems

28/11/2018 - 09:58
Henkel, owner of consumer brands including Persil detergent and Schwarzkopf shampoo, says it is still working to win back shelf space for its products in the US after being hit by delivery problems early in 2018. read more
Unilever among firms calling for net zero UK emissions by 2050

Unilever among firms calling for net zero UK emissions by 2050

28/11/2018 - 09:04
Unilever, Danone and Coca-Cola European Partners (CCEP) are among companies which have urged the UK to aim for net zero emissions by 2050. read more
Sainsbury’s launches food bank labelling scheme for customers

Sainsbury’s launches food bank labelling scheme for customers

27/11/2018 - 08:39
Sainsbury’s has launched dedicated shelf-edge labels to alert its customers to items most useful for food banks. read more
Dolce & Gabbana shows marketing blunders know no borders

Dolce & Gabbana shows marketing blunders know no borders

26/11/2018 - 14:19
Outrage is spreading in China over a video ad campaign for Italian luxury brand Dolce & Gabbana that shows a Chinese model struggling to eat spaghetti and pizza with chopsticks. read more
Ikea plans 7,500 job cuts, but will hire 11,500 for online push

Ikea plans 7,500 job cuts, but will hire 11,500 for online push

23/11/2018 - 09:00
Swedish furniture giant Ikea said that it plans to cut 7,500 jobs worldwide by 2020, mainly office jobs, as it re-organises to focus its business on e-commerce and smaller shops in city centres. read more
Lowe’s to ditch Mexico stores in further streamlining

Lowe’s to ditch Mexico stores in further streamlining

21/11/2018 - 11:23
Lowe’s stated it was looking to shed its retail operations in Mexico and certain noncore US businesses as the country’s second-biggest home improvement chain strives to compete with rivals including Home Depot.  read more
Nespresso in new sustainable aluminium pledge for coffee pods

Nespresso in new sustainable aluminium pledge for coffee pods

19/11/2018 - 14:39
Nestlé’s Nespresso brand will commit exclusively to responsibly sourced and certified aluminium for its coffee capsules after the company agreed to a new partnership. read more
Amazon reveals plans for biggest Black Friday yet

Amazon reveals plans for biggest Black Friday yet

16/11/2018 - 11:13
Amazon is preparing to host what it believes will be its biggest ever Black Friday sale, with more deals available than in previous years over a 10-day period. read more
Macy's raises annual forecast before holiday season

Macy's raises annual forecast before holiday season

16/11/2018 - 08:47
Macy’s raised its annual earnings forecast, signalling a strong holiday shopping season ahead, as the department store chain builds on a recovery strategy that focuses on its well-performing stores and expanding online.  read more
Key insights into the global olive oil market

Key insights into the global olive oil market

14/11/2018 - 12:27
According to the report "World - Olive Oil (Virgin) - Market Analysis, Forecast, Size, Trends and Insights", recently published by IndexBox, in 2017, global virgin olive oil imports totalled 1.4M tonnes, a -7.0% decrease against the previous year.  read more
UK mobile commerce market to nearly double by 2022

UK mobile commerce market to nearly double by 2022

13/11/2018 - 08:27
Mobile commerce is set to overtake desktop sales globally by 2023 while the UK’s market is expected to nearly double. read more
Hermes plans outlets in China as luxury sales soar

Hermes plans outlets in China as luxury sales soar

08/11/2018 - 14:52
French fashion house Hermes has reported another quarter of brisk sales growth, propelled by red-hot demand in China, where the ultra-chic brand expects further growth as it opens stores and rolls out online sales. read more
Adidas laces up improved profit outlook despite lagging Europe sales

Adidas laces up improved profit outlook despite lagging Europe sales

08/11/2018 - 09:15
German sporting-goods maker Adidas lifted its profit expectations for 2018 after a “strong” third quarter saw brisk global demand for its sportswear and sneakers, but sales in western Europe slipped. read more
Amazon launches Prime Wardrobe ‘try before you buy’ service in the UK

Amazon launches Prime Wardrobe ‘try before you buy’ service in the UK

07/11/2018 - 11:25
Amazon is stepping up its push into the UK clothing market with the launch of Prime Wardrobe, a ‘try before you buy’ fashion service. read more
Morrisons achieves 3 years of positive growth

Morrisons achieves 3 years of positive growth

07/11/2018 - 10:45
Morrisons has achieved “three years of positive like-for-like” sales after reporting growth across the board in its third quarter. read more
Lego launches first global Christmas advert

Lego launches first global Christmas advert

06/11/2018 - 09:36
Lego has launched its first ever global Christmas campaign, as it continues to push forward its TV marketing presence after a four-year hiatus. read more
Burberry to launch product drops on instagram

Burberry to launch product drops on instagram

02/11/2018 - 10:10
Burberry has revealed plans to launch limited monthly product drops over Instagram as it ramps up its fashion releases. read more
Global orange consumption on the rise

Global orange consumption on the rise

31/10/2018 - 10:31
According to the report “World - Oranges - Market Analysis, Forecast, Size, Trends and Insights”, recently published by IndexBox, the global orange consumption reached 75M tonnes in 2017, going up by 2% against the previous year.  read more
H&M adopts paper bags amid war on plastic

H&M adopts paper bags amid war on plastic

29/10/2018 - 16:01
H&M is the latest major retailer to join the war on plastic by announcing plans to ditch plastic bags altogether and make paper bags the norm.  read more
PepsiCo plans to use 25% recycled plastic content by 2025

PepsiCo plans to use 25% recycled plastic content by 2025

29/10/2018 - 08:58
PepsiCo has announced that it plans to use 25% recycled content in its plastic packaging by 2025 as part of its sustainability vision. read more
Bottled water set to overtake all other soft drinks worldwide

Bottled water set to overtake all other soft drinks worldwide

25/10/2018 - 09:31
New data suggests that bottled water consumption is set to overtake all other soft drinks worldwide this year. read more
US online grocery sales to quadruple by 2023 – report

US online grocery sales to quadruple by 2023 – report

24/10/2018 - 11:05
Online grocery sales in the US have more than tripled between 2013 and 2018 and are set to quadruple between 2018 and 2023, according to a report by research agency Packaged Facts. read more
UK government reveals plan to ban plastic straws in England

UK government reveals plan to ban plastic straws in England

22/10/2018 - 11:23
The UK government has set out its plan to ban the distribution and sale of plastic straws, drinks stirrers and cotton buds in England. read more
Walmart to build ‘high-tech’ distribution centre in California

Walmart to build ‘high-tech’ distribution centre in California

22/10/2018 - 10:52
Walmart has announced that it is building a new high-tech grocery distribution centre in Shafter, California to increase the efficiency of its distribution operations. read more
Insights into the global avocado market

Insights into the global avocado market

19/10/2018 - 08:02
According to the report “World - Avocado - Market Analysis, Forecast, Size, Trends and Insights”, recently published by IndexBox, the global avocado consumption amounted to 6.3M tonnes, surging by 8% against the previous year.  read more
US retail giant Walmart bets its online sales will expand

US retail giant Walmart bets its online sales will expand

18/10/2018 - 10:42
Walmart expects some of its fastest sales growth this decade as it draws in more digital customers in its turf war against Amazon.com. read more
Walmart Canada invests $175m to modernise Canadian stores

Walmart Canada invests $175m to modernise Canadian stores

16/10/2018 - 10:05
Walmart Canada will invest $175 million to renovate and refurbish 23 stores across Canada, as the retailer seeks to improve the integration between its e-commerce business and its physical stores. read more
Versace acquisition: Michael Kors needed to boost its credibility to make it in the luxury market

Versace acquisition: Michael Kors needed to boost its credibility to make it in the luxury market

15/10/2018 - 14:31

By acquiring the prestigious Italian fashion house, Versace, American group Michael Kors enters the luxury world, despite a lack of experience in the sector. It’s a risky move, but one that makes financial sense.

 read more
Mondelēz aims to make all of its packaging recyclable by 2025

Mondelēz aims to make all of its packaging recyclable by 2025

11/10/2018 - 08:14
Mondelēz International has announced that it will make all of its packaging recyclable by 2025, as the company aims to reduce waste levels and create a circular economy for packaging. read more
Carrefour adopts blockchain ledger technology to monitor food sources

Carrefour adopts blockchain ledger technology to monitor food sources

10/10/2018 - 16:44
Europe’s largest retailer Carrefour has adopted blockchain ledger technology to track and trace chicken, eggs and tomatoes as they travel from farms to shops, and will deploy it across all of its fresh product lines in coming years. read more
H&M on the mend after outcry over racist advert

H&M on the mend after outcry over racist advert

09/10/2018 - 14:23
The Human Rights Commission says the retailer co-hosted a workshop with the Anti-Racism Network of SA to develop a deeper understanding of the offence the garment provoked. read more
Russia's love affair with chocolate lifts global demand for cocoa

Russia's love affair with chocolate lifts global demand for cocoa

05/10/2018 - 15:43
Swiss chocolate maker Barry Callebaut says Russia has long been the number two chocolate market after the US, and demand started to pick up in 2017 after the rouble stabilised. read more
Key insights into the global walnut market

Key insights into the global walnut market

05/10/2018 - 14:17
According to the report "World - Walnuts - Market Analysis, Forecast, Size, Trends and Insights", recently published by IndexBox, in 2017, the volume of the global shelled walnut consumption stood at approx. 2.2M tonnes.  read more
Nestlé Indonesia reduces Milo sugar content by 25%

Nestlé Indonesia reduces Milo sugar content by 25%

05/10/2018 - 10:48
Nestlé Indonesia has reformulated it's Milo malt chocolate beverage and reduced its sugar content by 25%. read more
Barnes & Noble soars as going private could mean faster changes

Barnes & Noble soars as going private could mean faster changes

05/10/2018 - 08:19
Barnes & Noble, facing management upheaval and shrinking revenue, buoyed shareholders’ spirits with news it’s weighing acquisition interest from several parties, including chairperson Len Riggio.  read more
Insights into the global soybean market

Insights into the global soybean market

03/10/2018 - 14:18
According to the report "World - Soya Beans - Market Analysis, Forecast, Size, Trends and Insights", recently published by IndexBox, the global soybean production stood at 352M tonnes in 2017, increasing by 5% against the previous year figure. read more
Toys 'R' Us lenders cancel auction, plan to revive brand

Toys 'R' Us lenders cancel auction, plan to revive brand

03/10/2018 - 11:43
The top lenders of Toys ‘R’ Us have decided to cancel the bankruptcy auction of its brand name and other intellectual property assets and instead plan to revive the Toys ‘R’ Us and Babies ‘R’ Us brand names, a court filing showed. read more
Sainsbury’s takes on established beauty retailers

Sainsbury’s takes on established beauty retailers

02/10/2018 - 13:39
Sainsbury’s is taking on department stores and the likes Boots and Superdrug by expanding the beauty offering in stores and using specialist assistants in the aisles. read more
Sugar content in UK yoghurts “well above” recommended levels

Sugar content in UK yoghurts “well above” recommended levels

02/10/2018 - 08:33
The sugar content of the majority of yoghurts sold in the UK is “well above” recommended sugar levels, according to research conducted by online journal BMJ Open. read more
Coca-Cola’s new vending machine lets consumers recycle packaging

Coca-Cola’s new vending machine lets consumers recycle packaging

01/10/2018 - 11:41
The Coca-Cola Company has showcased a new vending machine in China which features facial recognition and allows consumers to return used packaging. read more
Tesco trials reverse vending machines

Tesco trials reverse vending machines

01/10/2018 - 08:47
Tesco has launched a reverse vending machine trial as part of its efforts to reduce plastic waste and encourage recycling. read more
 L'Oreal China sees opportunity in makeovers for millions of men

L'Oreal China sees opportunity in makeovers for millions of men

28/09/2018 - 13:53
L’Oreal SA is setting itself up to capitalise on the forgotten half of China’s cosmetics market: men. read more
Out of fashion? H&M tests new store to get back in vogue

Out of fashion? H&M tests new store to get back in vogue

26/09/2018 - 09:26
Step into one of the more than 4 300 H&M budget fashion stores around the world and you often know what to expect: clothes racks crammed with tops, trousers and skirts in a spartan and sometimes cluttered environment. read more
Richemont finds a new online paradigm

Richemont finds a new online paradigm

21/09/2018 - 08:57
Rupert family-controlled luxury goods conglomerate Richemont remains one of the default options for investors rattled by a ravaged rand, despite a rather demanding market rating. read more
Tesco unveils new discount chain Jack’s

Tesco unveils new discount chain Jack’s

20/09/2018 - 14:08
British supermarket group Tesco has thrown down the gauntlet to German discounters Aldi and Lidl by launching what it says will be the cheapest store in town – Jack’s. read more
Instagram introduces shopping tab to Explore page

Instagram introduces shopping tab to Explore page

19/09/2018 - 11:09
Instagram has continued to develop its commerce offering as it adds a shopping tab to its Explore page, ahead of the launch of its standalone shopping app. read more
Insights into the global oats market

Insights into the global oats market

18/09/2018 - 15:06
According to the report "World: Oats - Market Report. Analysis And Forecast To 2025", recently published by IndexBox, the production of oats reached 23M tonnes in 2017, fluctuating mildly over the period under review.  read more
Coca-Cola to develop cannabis infused drinks

Coca-Cola to develop cannabis infused drinks

18/09/2018 - 10:41
Coca-Cola says it’s monitoring the nascent industry and is interested in CBD – the non-psychoactive ingredient in marijuana – for beverages as soda consumption slows. read more
China’s Alibaba in joint venture with Russia’s Mail.ru internet group

China’s Alibaba in joint venture with Russia’s Mail.ru internet group

14/09/2018 - 10:00
Alibaba Group is setting up a $2bn joint venture with billionaire Alisher Usmanov’s internet services firm Mail.ru Group to strengthen the Chinese company’s foothold in Russian e-commerce. read more
Asos launches new Gen Z targeted brand Collusion

Asos launches new Gen Z targeted brand Collusion

13/09/2018 - 10:31
This October Asos is set to launch a new affordable brand Collusion aimed at those “coming of age” – which will target Generation Z. read more
Dr. Oetker acquires cake decorating company Wilton Brands

Dr. Oetker acquires cake decorating company Wilton Brands

12/09/2018 - 09:20
Dr. Oetker has acquired US-based cake decorating business Wilton Brands from TowerBrook Capital Partners for an undisclosed sum. read more
Burberry to stop using fur and burning unsold stock

Burberry to stop using fur and burning unsold stock

11/09/2018 - 16:16
Burberry is to stop burning millions of dollars' worth of excess stock, it announced recently. read more
Key insights into the global sesame seed market

Key insights into the global sesame seed market

11/09/2018 - 13:36
According to the report "World: Sesame Oil - Market Report. Analysis And Forecast To 2025", recently published by IndexBox, the global sesame oil market reached 1,917K tonnes in 2016, expanding robustly over the last four years. In wholesale prices, the market totalled $7.5B, also undergoing a prominent expansion.  read more
Tesco links up Jamie Oliver to push healthier eating

Tesco links up Jamie Oliver to push healthier eating

10/09/2018 - 14:31
Tesco is stepping up its drive to encourage its customers to follow healthier diets by linking up with celebrity chef and campaigner Jamie Oliver. read more
Richemont names veteran Jérôme Lambert as new CEO

Richemont names veteran Jérôme Lambert as new CEO

10/09/2018 - 14:08
Luxury goods group Richemont has promoted Jérôme Lambert to the position of group CEO, with immediate effect. read more
Analyst says recent cost cuts leading to poor standards in Sainsbury’s stores

Analyst says recent cost cuts leading to poor standards in Sainsbury’s stores

05/09/2018 - 09:26
A City analyst has claimed that recent cost-cutting and restructuring at Sainsbury’s has led to “poor standards” in its supermarkets with empty shelves, unmanned checkouts and general untidiness becoming a widespread problem. read more
Target enjoys strongest sales growth since 2005

Target enjoys strongest sales growth since 2005

04/09/2018 - 14:57
Retailer Target reported a 6.5 percent same-store sales spike in the latest quarter, its biggest growth in 13 years. read more
Retailers to be fined up to £2500 for selling energy drinks to kids

Retailers to be fined up to £2500 for selling energy drinks to kids

31/08/2018 - 10:37
Retailers will soon be banned from selling energy drinks to children under new government plans announced recently. read more
UK retail sales rebound in July on warm weather, discounts

UK retail sales rebound in July on warm weather, discounts

30/08/2018 - 10:23
UK retail sales bounced back strongly in July as warmer weather and extended discounts at stores encouraged shoppers to open their wallets. read more
Tiffany's focus on the young pays off

Tiffany's focus on the young pays off

29/08/2018 - 09:51
Tiffany’s quarterly results topped Wall Street estimates on strong demand for its jewellery in the Americas and China, helping the upmarket retailer raise its full-year profit forecast. read more
Kroger to phase out single-use plastic bags by 2025

Kroger to phase out single-use plastic bags by 2025

28/08/2018 - 08:57
Kroger will phase out single-use plastic bags and transition to reusable bags at all its supermarket chains by 2025. read more
Mondelēz International releases updated pack sizes of Toblerone

Mondelēz International releases updated pack sizes of Toblerone

27/08/2018 - 09:38
Mondelēz International has unveiled new pack sizes of Toblerone in the UK as it celebrates 110 years of the Swiss chocolate brand. read more
Stüssy to open first physical UK store in nearly a decade

Stüssy to open first physical UK store in nearly a decade

24/08/2018 - 13:31
Stüssy has announced plans to open a permanent bricks-and-mortar store in London’s soho, marking its first standalone physical presence in the UK for nearly a decade. read more