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Primark commits to 85 million euro investment in Spain and Portugal

Madrid – As part of its sustained commitment to the Spanish and Portuguese markets, Primark's management for Iberia has just announced an investment of over 85 million euros (100 million dollars) in its businesses in both countries. These funds will be used for the refurbishment of part of its current store portfolio and for the opening of new...

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Shoppers Stop reports Q4 net loss amid revenue growth

Indian retail company Shoppers Stop reported a net loss of 163.5 million rupees (1.72 million dollars) for the fourth quarter ended March 31, 2026, compared with a profit 19.9 million rupees a year earlier. The Mumbai-based retailer delivered a 9 percent year-over-year (YoY) increase in standalone revenue for the final quarter, reaching 1,117...

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Has luxury underestimated its customers' intelligence? An uncompromising analysis by Alessandro Maria Ferreri

After a period of post-pandemic euphoria driven by a thirst for 'revenge' spending, the luxury industry is now facing a reality check. Caught between price inflation disconnected from product value and a structural creativity crisis, high-fashion houses are at a crossroads. Alessandro Maria Ferreri, founder of The Style Gate and an engineer by...

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Outlook: Zalando expects growth at start of year

Online retailer Zalando is set to present its figures for the first quarter this Wednesday, May 6. What the company expects: Zalando has set its sights on increased revenue and profit for 2026, also leveraging Artificial Intelligence (AI). For the current year, management is targeting growth in Gross Merchandise Volume (GMV) and revenue of 12 to...

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