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Inflation and higher energy costs fail to slow US retail spending

US retail sales rose in April despite inflation and higher fuel costs, supported by steady consumer spending on essentials and online retail.

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LVMH to sell Marc Jacobs to WHP Global and G-III for $850m

Each buyer will invest $425m to acquire an equal stake in the brand.

Burberry returns to profit as FY26 comparable sales recover

The British luxury retailer said comparable store sales returned to growth from the second quarter onwards, with performance improving sequentially through the year.

Front-loaded growth masks slowing retail momentum

The latest trading pattern seen in UK retail highlights a growing divergence between headline sales growth and sustained demand trends.

Birkenstock Q2 net profit falls 22% despite revenue rise

Revenue increased 8% to €618m, with constant currency growth of 14% across all regions.

Walmart pilots small depots for faster delivery – report

The retailer has established at least three of these facilities, branded Walmart Depots, over the past year in Dallas, New Jersey and Arkansas.