By Bloomberg Published August 1, 2025 British companies, including Burberry Group Plc, dominate the ranks of European-listed firms seen as potential takeover targets, with discounted UK equity valuations making them increasingly attractive to buyers. Burberry emerges as top UK takeover target in Europe-focused M&A survey – Reuters London-listed stocks account for about 60% of companies…
Translated by Nazia BIBI KEENOO Published August 1, 2025 “Now that we have the wind in our sails, we can afford to put the right teams in the right places.” With Sandro and Maje delivering solid organic growth in the first half of 2025 (+3.7% and +2.9%, respectively), SMCP CEO Isabelle Guichot is now turning…
Translated by Nazia BIBI KEENOO Published August 1, 2025 As the Spring/Summer 2026 women’s ready-to-wear season shifts from Paris to Milan, anticipation is building for one of the most exciting fashion weeks in recent years. The Milan calendar, running from September 23 to 29, is packed with momentum: 12 new names are joining the schedule,…
By Reuters Published August 1, 2025 Amazon shares fell more than 7% on Friday in European trading after the company posted second-quarter results that exceeded analysts’ revenue expectations but disappointed investors with slower growth in its cloud division, Amazon Web Services (AWS), and a cautious profit outlook. Profit outlook dims Amazon rally after Q2 beat…
This autumn will see London luxury department store Harvey Nichols unveiling the first stage of its transformation with the launch of a reimagined ground floor retail experience at the Knightsbridge flagship. Harvey Nichols The company said the renewed space “marks a significant evolution for the brand, introducing a bold direction that blends fine and designer…
In the first six months of 2025, eyewear specialist Safilo posted net sales of 537.6 million euros, up 2.3% at constant exchange rates and 1.1% at current exchange rates. In the second quarter, which closed at 251.9 million euros, alongside similar growth at constant exchange rates, there was a 1.1% decline at current exchange rates,…
Salvatore Ferragamo on Thursday reported consolidated revenues of 474 million euros for the first half, down 9.4 percent at current exchange rates and down 7.1 percent at constant exchange rates compared to the first half of 2024. Sales were hurt, in particular, by a deterioration in consumption, persistent weakness in the Asia-Pacific region, and a…
By Bloomberg Published July 31, 2025 Adidas AG, the German sportswear giant known for turning its three-striped sneakers into a global fashion staple, reported weaker-than-expected sales growth for the three months ending June 30. The announcement triggered a 10% drop in its share price, echoing a similar downturn at rival Puma SE. The latter’s shares…
In more than a nod to the strong performance the UK’s major shopping centre sector is enjoying, Hammerson is to acquire the remaining 50% of Birmingham’s Bullring and Grand Central for £319 million cash. Bullring CEO Rita-Rose Gagné said of the purchase: “This is an exciting milestone for Hammerson. Our investment alongside key trusted brand partners…
UK fashion retail giant Next issued a Q2 trading update on Thursday and showed that its seemingly unstoppable progress is continuing. In the 13 weeks to 26 July, Next full-price sales rose 10.5% year on year. Next As usual, it also showed that earlier guidance was excessively cautious, the firm having predicted 6.5% growth with expectations…