News
Frasers Group sells Sports Direct Malaysia stake to MAP Active
4+ hour, 31+ min ago (406+ words) The UK-based retailer will simultaneously enter a long-term agreement giving MAP Active responsibility for developing and growing the Sports Direct brand in Malaysia. Frasers Group has agreed to sell its full stake in Sports Direct Malaysia to MAP Aktif Adiperkasa…...
UK consumers rein in home improvement spending
6+ hour, 52+ min ago (41+ words) Retail Insight Network Unlock Free Access to Premium Content Explore exclusive retail forecasts, expert insights and in-depth analysis of the trends shaping the industry. With a free Retail Insight Network profile, you can:...
UK retailers prepare for new FCA finance rules
7+ hour, 21+ min ago (517+ words) Retailers, lenders and insurers are adjusting to a new phase of UK regulation as the FCA tightens rules on consumer credit and insurance sales. Retailers that offer customer finance or sell insurance products alongside goods are preparing for stricter Financial…...
EU imposes "3 duty on low-value parcels from outside bloc
6+ hour, 5+ min ago (342+ words) The EU has introduced a temporary "3 ($3. 42) customs duty on parcels worth up to "150 imported from outside the bloc through e-commerce platforms, effective 1 July 2026. The duty covers a broad range of items frequently purchased online, including clothing, toys, electronics and other…...
TG Jones restructuring plan approved by London court " report
1+ day, 1+ hour ago (302+ words) UK retailer TG Jones has secured a London court approval for a restructuring plan featuring significant rent reductions and a new capital injection from owner Modella Capital. Judge Robert Hildyard sanctioned the plan, which includes a "15m ($19. 9m) cash injection from Modella…...
Nike swings to Q4 profit on tariff refund boost, but China slump deepens
1+ day, 5+ hour ago (415+ words) Net income increased by just over four times, or 407%, to $1. 06bn in the quarter. US sportswear retailer Nike reported full-year revenue of $46. 39bn for fiscal year 2026, while fourth-quarter (Q4) profit rose on an expected tariff recovery alongside continued weakness in China and Europe....
German retail sales climb 1. 1% in May
1+ day, 4+ hour ago (342+ words) German retail sales climbed in May, with turnover increasing by 1. 1% in real terms against the previous month, provisional data from the Federal Statistical Office (Destatis) has shown. On a calendar and seasonally adjusted basis, retail turnover grew 1. 1% in real terms…...
Andy Burnham wins retail backing on rates overhaul
1+ day, 7+ hour ago (559+ words) UK independent retailers cautiously back Andy Burnham's business rates revamp but warn delivery matters more than the pledge itself. Independent retailers across the UK are cautiously welcoming Andy Burnham's pledge to reform business rates, saying the plans could help revive…...
UK shop price inflation steady at 1. 2% amid summer discounting
1+ day, 7+ hour ago (423+ words) UK shop price inflation held at 1. 2% in June as seasonal discounting helped retailers balance demand and cost pressures. UK shop prices rose by 1. 2% in June 2026 compared with a year earlier, unchanged from May, as summer discounting helped offset wider cost…...
Conservatives urge scrutiny of JD. com's UK expansion " report
2+ day, 5+ hour ago (426+ words) The Conservative Party has urged the UK Government to examine Chinese retail group JD. com over fears its UK growth could unfairly threaten British high street businesses, reported the Telegraph. Alicia Kearns, shadow National Security Minister, said claims that JD....