Keywords: Retail


Bata India profit jumps 23% as premium footwear and sneakers drive growth

Bata India posted a strong start to its new financial year, with first-quarter profit rising 23% as consumers showed sustained demand for higher-priced footwear and sneakers. The Indian footwear retailer reported a profit of 639.8 million rupees ($6.70 million) for the quarter ended June 30, compared......

India reports 18% decline in retail derivatives losses after trading curbs

Retail investors in India suffered significantly lower losses in the equity derivatives market during the financial year ended March 2026, as tighter regulatory measures appear to have reduced participation in highly speculative trading. Government data presented to Parliament on Tuesday showed that......

Shein moves closer to a Hong Kong listing with valuation of up to $25 billion

Global fast-fashion giant Shein is reportedly moving closer to an initial public offering in Hong Kong, potentially marking a major step in the company’s efforts to strengthen its position in international financial markets. Bloomberg Intelligence estimates that the fashion retailer could be valued......

John Lewis department stores chief Peter Ruis to step down as Will Kernan takes over

John Lewis Partnership is preparing for a leadership change at its department store business, with managing director Peter Ruis set to leave the role as the British retailer begins a planned succession. Ruis, who has led the John Lewis department store division since 2024, will step down to pursue what......

UK watchdog proposes extending supermarket land rules to Aldi and Lidl

The UK's competition regulator has proposed bringing discount supermarket chains Aldi and Lidl under the same land agreement rules that already apply to Britain's largest grocery retailers, in a move aimed at strengthening competition and expanding consumer choice. The provisional decision reflects......

Trent reports 22% profit growth as Westside and Zudio fuel expansion across India

Indian fashion retailer Trent delivered strong first-quarter earnings, reporting a 22% increase in net profit as the continued expansion of its Westside and Zudio store networks drove sales growth beyond the country's largest metropolitan markets. The Tata Group company said profit for the quarter......

Shein prepares for Hong Kong IPO amid lower valuation expectations

Shein is preparing to begin investor meetings ahead of its planned initial public offering (IPO) in Hong Kong, marking a significant step toward one of the most closely watched stock market listings in the global e-commerce sector. According to reports, the online fashion retailer will use the meetings......

Emirates NBD to acquire HSBC Egypt’s retail banking business in strategic expansion

Emirates NBD has signed a definitive agreement to acquire the retail banking business of HSBC Egypt, strengthening its position in one of the Middle East and North Africa region's largest banking markets. The transaction will be carried out through Emirates NBD Egypt, the Dubai-based banking group's......

Casino reports stronger first-half profitability as debt restructuring advances

French supermarket group Casino posted improved profitability during the first half of 2026, signaling continued progress in its financial recovery despite the challenges of a significant debt burden. The retailer also recorded a modest increase in second-quarter sales, reinforcing signs that its operational......