Retail & Consumer
LATEST NEWS FROM RETAIL & CONSUMER
Retail & Consumer
Beyond Meat forecasts upbeat quarterly revenue on steady international demand
Faux meat-products maker Beyond Meat forecast third-quarter revenue above Wall Street estimates on Wednesday, as resilient demand in its international segment helped counter decl...
Retail & Consumer
DoorDash projects strong growth as delivery demand holds firm
DoorDash on Wednesday forecast third-quarter gross order value and core profit above Wall Street estimates after topping results for the prior three months on sustained demand for...
Retail & Consumer
Elf Beauty raises annual forecasts betting on international expansion drive
Elf Beauty raised annual sales and profit forecast on Wednesday, driven by its expansion push outside of the United States as American shoppers continued to rein in spending in th...
Retail & Consumer
EBay forecasts upbeat quarterly revenue as high-value categories drive momentum
EBay forecast third-quarter revenue above Wall Street estimates on Wednesday, leaning on its push into authenticated luxury goods, collectibles and refurbished products to bring m...
Retail & Consumer
Kraft Heinz raises annual forecasts following CEO's turnaround push
Kraft Heinz raised its annual forecasts after beating quarterly sales estimates on Wednesday, betting on CEO Steve Cahillane's turnaround efforts — including increased investment...
Retail & Consumer
Capri Holdings cuts annual revenue forecast on Michael Kors weakness
Capri Holdings cut its annual revenue forecast on Wednesday, citing second-quarter inventory delays at its key Michael Kors brand and softer demand for its pricey handbags and ac...
Retail & Consumer
Chanel's first-half sales outperform rivals, Bloomberg reports
Chanel's comparable revenue jumped about 16% in the first half of 2026, outpacing rivals, thanks to creative director Matthieu Blazy's new collections, Bloomberg News reported on...
Retail & Consumer
Mitsubishi Heavy wins Japan's support for next-generation nuclear reactor development
Mitsubishi Heavy Industries has won Japanese government support for three projects to develop next-generation nuclear reactor technologies, including advanced light water reactors...
Retail & Consumer
Indonesia plans to delay e-commerce seller tax to boost purchasing power, minister says
Indonesia plans to delay the collection of income tax from sellers on e-commerce marketplaces, due to take effect this month, to boost purchasing power and economic growth, Finan...
Retail & Consumer
Italy services growth strengthens in July as cost pressures ease, PMI shows
Growth in Italy's service sector strengthened in July and cost pressures continued to ease, a survey showed on Wednesday, offering some encouraging signs for the euro zone's thir...
Retail & Consumer
AI demand pushes Foxconn's monthly revenue to record in July
Monthly revenue at Taiwanese contract electronics manufacturer Foxconn hit a record in July, surpassing T$900 billion ($27.93 billion) for the first time as strong demand for AI ...
Retail & Consumer
Glencore earnings surge on trading windfall, plans Australian listing
Glencore beat forecasts on Wednesday with an 86% leap in first-half earnings, driven by its commodity trading business as conflict in the Middle East fuelled market volatility, an...
Retail & Consumer
Next raises profit outlook again as warm weather boosts summer sales
British clothing retailer Next edged up its annual profit outlook for the third time this year on Wednesday, as it reported a better-than-expected 9.2% rise in second-quarter full...
Retail & Consumer
Bottler Coca-Cola HBC lifts profit forecast as demand stays strong
Switzerland-based bottler Coca-Cola HBC narrowed its annual organic operating profit growth towards the higher side of its forecast range on Wednesday, boosted by strong demand fo...
Retail & Consumer
Heineken first-half profit rises as 3,000 jobs slashed
Heineken reported on Wednesday a forecast-beating first-half profit after cutting around 3,000 jobs, half of the up to 6,000 cuts targeted over a two-year period under a restruct...
Retail & Consumer
Amazon loses US court ban on Perplexity's AI shopping tools
A U.S. appeals court on Tuesday overturned a ruling that had temporarily barred Perplexity from using its AI-powered agentic shopping tools on Amazon's platform.
Retail & Consumer
AI data-centre race builds $1 trillion lease burden for Big Tech
Microsoft Corp , Meta Platforms Inc , Oracle Corp , Amazon and Alphabet have committed about $1.09 trillion in future payments under leases that have not yet begun, mostly for data...
Retail & Consumer
Food distributor Sysco forecasts strong annual results on resilient demand
Sysco on Tuesday forecast strong annual results after beating quarterly sales and profit estimates, helped by improving orders from customers despite macroeconomic uncertainty and...
Retail & Consumer