(IN BRIEF) PUMA reported a solid start to 2026 despite a slight decline in sales, with first-quarter revenue reaching €1.86 billion, down 1.0% on a currency-adjusted basis. The performance was supported by inventory clearance efforts, which also contributed to an … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Economy, Financial, Germany, Industrial, Investment, Management, Marketing, Retail, Sports, Technology
Tagged Americas, Arthur Hoeld, Asia Pacific, cost efficiency programme, direct-to-consumer, DTC, E-Commerce, EBIT growth, EMEA, FIFA World Cup 2026™, financial performance, Free cash flow, Greater China, gross profit margin, HYROX, inventory clearance, Net debt, NITRO footwear, PUMA Maintains 2026 Outlook Following Stable Start Driven by Operational Improvements and Cost Efficiency Measures, PUMA SE, PUMA Strengthens Financial Position in Early 2026 While Advancing Strategic Transition Toward Future Growth, Q1 2026 results, Retail Strategy, sportswear industry, wholesale, working capital
(IN BRIEF) Ingka Group has expanded IKEA’s presence in China with the opening of its first small-format store in eastern Beijing, located in the Wangfujing WellTown shopping centre in Tongzhou District. The 1,500 m² store offers over 3,000 products and … Read the full press release
Posted in Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Netherlands, Retail, Technology
Tagged Beijing, Best Buy partnership, Cagliari Italy, China retail expansion, EUR 5 billion investment, Girona Spain, Global Expansion, home furnishing, Huntsville Alabama, IKEA, IKEA Expands Global Retail Network with Beijing Small Store and Over 20 New Locations in 2026, Ingka Group, Ingka Group Strengthens IKEA Presence in China with New Small Format Store Opening in Eastern Beijing, Javier Quinones, Los Angeles store, Phoenix Arizona, Pontus Erntell, Pula Croatia, Pune India, Retail Strategy, small format store, Tongzhou District, Visby Gotland, Wangfujing WellTown
(IN BRIEF) M&S has appointed three senior leaders to strengthen its International business, which is undergoing a strategic reset. Manish Kapoor, Victoria Jones, and Richard Davies will each bring their extensive global experience to key roles, supporting M&S’s growth ambitions … Read the full press release
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