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UK inflation: Middle East tensions feed into retail prices

UK retailers are beginning to see early signs that tensions in the Middle East are feeding through into higher energy and logistics costs, according to industry and official data.

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Lululemon names Heidi O’Neill as its next CEO

She will replace the current interim leadership structure led by Meghan Frank and André Maestrini.

L’Oréal posts first-quarter growth across regions and divisions

The company said adjusted like-for-like (LFL) sales rose 6.7% in the quarter, outpacing the wider global beauty market.

Weight loss drugs disrupt retail inventory

As more consumers use GLP-1 drugs such as Ozempic, Wegovy and Mounjaro, their eating and spending habits are changing in measurable ways.

Reebok plans 200 China stores by 2029 – report

The move reflects a broader effort to capture growing demand for activewear in China and marks Reebok’s mainland relaunch as part of Authentic Brands’ wider expansion across Asia.

Afresh secures $34m to expand AI grocery platform

The company said it will use the funding to expand deployments with retail partners and further develop its next-generation AI tools.

Retailer KK Mart plans Bursa Malaysia listing

A draft prospectus filed with the Securities Commission Malaysia shows the offering will comprise up to 630 million existing shares and 210 million new shares.

Amazon accused of price fixing in California legal motion

The court filing alleges that Amazon pressured suppliers to either raise prices on rival platforms or remove products from those sites.