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Economy

Strong retail figures set to warm Italian sales this winter

In November, Italian retail sales increased by 0.4% and forecasts suggest this growth trend will continue as winter sales kick in.

Business

JD Sports shares plummet following dire profit warning

JD Sports shares fell around 20% on Thursday, following the retail chain issuing a gloomier profit forecast than before

Economy

German retail sales fall 2.5% weighed down by internet sales

German retail sales numbers dropped in November following internet and non-food sales being less than anticipated.

Economy

One step from recession: UK economy shrinks in third quarter

Revised figures show that the British economy performed worse in the last six months than previously expected.

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Economy

French economy ends 2023 on a high as business climate lightly rebounds

The slight improvement marks a reversal of the downward trend France's business climate has seen since the beginning of 2023.

Economy

UK Christmas miracle: Inflation dips to two-year low in November

The latest inflation data signals an easing in the cost of living crisis in the UK.

Business

More retailers charging return fees: Here’s how to pay less

Take a look at this guide if you want to save on your returns or exchanges this Christmas.

Business

More Europeans turn to second-hand gifts this Christmas

A new report shows that Europeans want to spend less and buy second-hand this Christmas.

Economy

Retail sales boosted in October as European shoppers spend more

Eurostat reported a 0.1% increase in retail sales in the Eurozone for October, following three months of decline.

Markets

Here’s why Chinese fashion giant Shein is eyeing a US IPO in secret

Chinese fashion company Shein, a popular online retailer with European shoppers, has discreetly filed for a US IPO in a major trans-continental move.

Business

Economy roundup: Tourism steadily climbs but business trips struggle

New economic data from the EU’s statistical office shows that retail trade and service production numbers were down in September, and while tourism recovered strongly in 2022, some post-COVID struggles remain.

Business

Amazon sued by US government in landmark monopoly case

Lawyers will debate whether the online retail giant exploited its market dominance.

Earth News

Swedish retailer blocks 42,000 customers for ‘exploiting’ free returns

Online fashion retailer Boozt AB says excessive returns are bad for business and the environment.

Earth News

How is climate change affecting what we wear?

Unpredictable weather is forcing fashion retailers to change tack.

Culture news

Post-invasion fashion: Moscow's old Zara store opens its doors as Maag

A Lebanese clothing brand called Maag has taken over a flagship store site in Moscow that had been vacated by Spanish brand Zara when it ceased operations in Russia. Zara, and other brands owned by the same company, sold their shop sites to a Russian business after withdrawing from the country.

Europe News

Chemical risk biggest consumer danger from non-food products

The European Commission released its annual study on the Safety Gate system that enables information on measures taken against dangerous non-food products to be circulated rapidly.

Earth News

Zalando returns: Climate impact of 'sustainable' policy revealed

Zalando’s 2021 CO2 equivalent emissions were more than twice as much as all of Iceland.

Austria

Austrians skimp on Christmas gifts as economic woes bite

Faced by rising bills and prices, Austria's Christmas shoppers are tightening their bets, according to retailers who warn of jop cuts next year.

Money

EU pushes for banks to offer instant payments at no extra cost

Brussels says the move will make the European economy more efficient and bring savings for businesses and customers alike.

Travel News

Japan has reopened, but tourists find it's not ready to welcome them

Japan has reinstated visa-free travel to dozens of countries, ending some of world's strictest COVID border controls.