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General26 March, 2026
Temu founder PDD feels pressure from competition and stricter regulations
PDD Holdings, the owner of Temu, fell short of revenue and profit expectations in the past quarter and warns that fierce competition in China and global uncertainty continue to weigh on its results.
General26 March, 2026
British marketplace OnBuy is launching in eight new countries
The rapidly growing marketplace OnBuy is now launching in Sweden, Norway, Denmark, Poland, Hungary, Romania, the Czech Republic, and Switzerland. This brings the platform’s presence to 21 European countries.
Fashion26 March, 2026
How H&M aims to show that “growth, profit, and sustainability can go hand in hand”
“We are strengthening our offering and showing that growth, profitability and reduced emissions can go hand in hand,” says H&M Group CEO Daniel Ervér in the Swedish fast-fashion giant’s annual sustainability report.
Fashion26 March, 2026
H&M’s profits rise despite disappointing sales
Swedish fast-fashion giant H&M Group reported higher-than-expected operating profit in the first quarter of its 2026 fiscal year. However, the group ended the quarter with a slight decline in revenue.
Food26 March, 2026
Lidl launches European campaign featuring Andre Agassi for its Silvercrest private label
Silvercrest, Lidl’s European kitchen and homeware brand, is launching a major advertising campaign in collaboration with eight-time Grand Slam champion and passionate amateur chef Andre Agassi.
General26 March, 2026
Ambitious discount retailer Action is expanding into the United States
Action plans to open its first stores in the United States by the end of 2027 or early 2028. In Europe, the discount retailer is expanding into Croatia and Slovenia this year, and into Bulgaria next year. A total of 400 store openings are planned.
Food25 March, 2026
[In depth] Is Carrefour reconsidering the sale of its Belgian division?
The Carrefour Group’s previously vague response to rumors about a sale of its Belgian operations to a German investment fund seems to indicate that a sale is no longer on the table.
Fashion25 March, 2026
H&M and Stella McCartney launch a sustainability advisory board
Swedish fashion giant H&M and fashion designer Stella McCartney are launching the Insights Board, an advisory council comprising a diverse range of voices from the industry aimed at deepening the dialogue on sustainability in the fashion industry.
Food25 March, 2026
Carrefour stores sold off in Italy will become Carrefour again after all
Just six months ago, Carrefour sold all of its Italian stores to the NewPrinces Group, but now Carrefour is already returning. Remarkably, the French retail group is signing a franchise agreement with the buyer. Why? And is that also what Carrefour plans to do in Belgium?
DIY/Garden25 March, 2026
Maxeda raises 50 million euros and welcomes new majority shareholder
The DIY group Maxeda has completed a major recapitalization, raising 50 million euros in fresh capital. The shareholder structure is also changing: creditor GoldenTree is becoming the majority shareholder.
Leisure25 March, 2026
Belgian garden center chain Aveve unveils new concept and sets its sights on acquisitions
With a forward-looking retail concept, new locations, and strategic acquisitions, Aveve is shifting into growth mode. The garden center chain tailors its stores to each neighborhood based on customer data.
Fashion25 March, 2026
[Analysis] How China sets the standard for the future of luxury, also in the West
After years of rapid growth, Asian—and particularly Chinese—luxury consumers are undergoing a fundamental shift. It is no longer volume, but refinement, trust, and cultural identity that are driving the market. The trends emerging in Asia today will also force luxury brands in the West to rethink their strategies.