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UK retail competition limits price rises as cost pressures increase

Intense competition across the UK retail sector limits price increases despite rising costs, forcing retailers to balance affordability with pressure on margins.

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Mike Ashley’s Frasers builds up Burberry position

The filing stated that the UK retailer controlled by billionaire Mike Ashley increased the position through the sale of put options.

Kering H1 revenue up 1% as jewellery and eyewear offset Gucci fall

In the second quarter, group revenue totalled €3.65bn, up 1% on a reported basis and 2% on a comparable basis.

Five retailers, five AI strategies

GlobalData research shows retailers are adopting agentic AI in different ways, with no single blueprint for success.

UK retailers update disposable BBQ guidance as wildfire risks rise

The voluntary guidance does not ban disposable BBQs but gives retailers a clearer framework to manage risks during extreme weather.

Frasers’ Hugo Boss takeover offer becomes unconditional after EU clearance

Earlier this month, Hugo Boss management urged investors not to accept the bid.

BEUC and Dutch MEP urge EU action on unexpected charges – report

The EU brought in the charge earlier this month for low-value e-commerce imports that had previously entered the bloc duty-free.