Latest
The latest sourced reporting across the consumer-products economy.
Kmart removes $89 smart glasses from sale amid privacy probe
Discount retailer Kmart has removed its $89 Anko smart glasses from its website in the wake of public backlash and a formal probe launched by the OAIC into its partner software.
Boots sold to Weston family’s Wittington Investments for US$8.9B
Boots has been sold to Wittington Investments for US$8.9 billion. The purchase includes assumed debt. Wittington will acquire Boots’ retail operations.
Factory backlogs build as freight and steel costs climb
Unfilled factory orders hit $1.61 trillion in August as shipments stalled, and steel, freight and diesel cost manufacturers more in September.
Levi Strauss reports Q3 net revenue growth of 4 percent, raises outlook
Levi Strauss reports 4% net revenue growth in Q3 2026, driven by international and wholesale channels. DTC sales flat, e-commerce up 10%.
South Korea creates counterfeit council as K-beauty expands
South Korea is establishing a joint government council to target a surge in counterfeit K-beauty products, as K-beauty companies double down on global growth.
Supremex blames tariffs as it plans to cut 6% of workforce
The North American paper packaging and envelopes supplier detailed a multipronged approach consolidating certain envelope and carton production, as well as accelerating back-office technology deployment.
ASOS provides update on cyber attack as investigation continues
ASOS has confirmed that customer information was accessed through third-party platforms after an attacker obtained an employee’s login credentials.
Uniqlo International drives Fast Retailing's 16.6 percent revenue growth in FY2026
Fast Retailing's FY2026 revenue grew 16.6% to 3.96 trillion yen, driven by Uniqlo International's 26.2% increase.
Tanishq expands US presence with 11th store opening in Southern California
Tanishq opens its 11th US store in Artesia, Southern California, expanding its retail presence in North America.
Tesco sales boosted by online growth as retailer elevates F&F clothing offer
Tesco has unveiled a jump in sales for the first half of the year amid an online shopping boost and raised its annual profit outlook, despite cautioning that economic uncertainty was weighing on consumer confidence.
Lacoste CEO dismissed ahead of Paris Fashion Week show
French luxury lifestyle brand Lacoste dismissed Chief Executive Éric Vallat shortly before its Paris Fashion Week runway show last week.
Sweaty Betty sales rise 4.5% but restructuring costs hit profitability
Sweaty Betty reported an increase in turnover of 4.5% to £146.72 million in the 53 week to 3 January 2026, although earnings declined as higher administrative and operational costs associated with restructuring weighed on profitability.
ANTA Sports becomes Puma’s largest shareholder, marking ‘new chapter’ for brand
ANTA Sports has become Puma's largest shareholder after completing the acquisition of a 29.06% stake in the German sportswear group previously held by Artémis.
Manufacturability, costing cited as key areas of AI impact: Xometry survey
The survey of 150 manufacturing executives also found that firms are increasingly adopting artificial intelligence and automation tools, but that related human roles are some of the hardest to fill.
Unilever invests US$6M to expand Vaseline production in South Africa.
Unilever has invested an additional South African Rand 100 million (US$6 million) in the commissioning of a new Vaseline Petroleum Jelly production line.
Retail ranked Europe’s ‘most distressed sector’ amid rising costs and weak demand
Retail and consumer goods remains Europe’s most distressed sector, reaching its highest level since the global financial crisis as rising costs, weak consumer demand and pressure on profitability continue to weigh on the industry.
