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Top retaildetail.eu News

138-year old grocery store staple files for bankruptcy
Bankruptcy · United States

138-year old grocery store staple files for bankruptcy

64% Center coverage: 233 sources
Del Monte Foods, the 138-year-old company best known for its canned fruits and vegetables, has filed for bankruptcy and is looking for a buyer.Late Thursday, the company announced it was voluntarily entering Chapter 11 and is going through a sale process for all of its assets. Among the company’s product lines are a number of well-known kitchen staples, including College Inn broths and Contadina canned tomatoes, as well as its flagship Del Monte brand.See the Story
France Fines Shein 40 Mn Euros over 'Deceptive' Sales Practices
France Economy · France

France Fines Shein 40 Mn Euros over 'Deceptive' Sales Practices

45% Center coverage: 38 sources
France's antitrust agency said on Thursday it had fined China-founded fast-fashion retailer Shein 40 million euros ($47.17 million) for alleged deceptive business practices including misleading discounts, following a nearly year-long probe.See the Story
New Owner for Struggling Le Coq Sportif - RetailDetail EU
Economy · France

New Owner for Struggling Le Coq Sportif - RetailDetail EU

Coverage: 5 sources
The Franco-Swiss businessman Dan Manane is the new owner of the French sports brand Le Coq Sportif. A commercial judge in Paris favuored his bid today over a bid from a French consortium. Judoka floored Manane’s bid defeated the rescue attempt by the founding Camuset family, parent company Airesis, businessman Xavier Niel, and judoka Teddy Riner, newspaper La Libre reports. The brand, which was given the honour to dress the host country at the P…See the Story

Louis Vuitton Korea Reports Data Breach Amid Wave of Cyberattacks on Luxury Brands

100% Right coverage: 2 sources
SEOUL, July 4 (Yonhap) -- Louis Vuitton has become the latest luxury brand in South Korea ...Louis Vuitton · SeoulSee the Story

Lululemon Lands at Heathrow with First Airport Store in Europe (LHR Airports Ltd)

100% Center coverage: 1 sources
) 04 July, 2025 Next lululemon lands at Heathrow with first airport store in Europe Today, lululemon opens its doors in Heathrow Terminal 5. Marking an exciting milestone, it is the first lululemon store in a European airport. lululemon is known for its athletic and lifestyle apparel, footwear and accessories - all created with the filter of high performance x high style to support aLululemon · LondonSee the Story

King Jouet introduces separate concept for kidults - RetailDetail EU

French toy giant King Jouet is dedicating a separate store concept to the growing market of ‘kidults’, or adults interested in games and toys. The first King’Dultes is set to open later this month in Marseilles. First Marseille On 25 July, the Les Terrasses du Port shopping centre will host the very first King’Dultes store, LSA reports. In just under 300 sqm, the retailer will offer a wide range of products that are specifically designed for tee…Marseille · MarseilleRead Article

"Double double" growth for Wibra - RetailDetail EU

Dutch retailer Wibra has managed to increase both its revenue and operating profit by double figures last year, as it opened 31 new stores (including a first in France) and managed to raise its like-for-like growth to 11 % as well. “More relevant than ever” The existing Wibra stores saw their like-for-like sales growth rise from 9 % in 2023 to 11.3 % in 2024. Total sales growth was almost exactly double that – at + 22.7 % to 286 million euros. T…Europe · NetherlandsSee the Story

Veritas withdraws from the Netherlands - RetailDetail EU

After just two years, Veritas is already pulling the plug on its Dutch expansion plans. In 2023, the Belgian chain opened the first of what was supposed to be eighty Dutch stores, but now Veritas is retreating back to its home country. New shareholders At the end of last year, the chain had attracted a range of new shareholders with the aim of international expansion: in addition to eighty stores in the Netherlands, Veritas also dreamed of expan…European Union · BelgiumRead Article

Huge Growth in Belgium Pushes Jumbo Higher - RetailDetail EU

100% Center coverage: 1 sources
In the first six months of the year, Dutch supermarket chain Jumbo saw the revenue of its Belgian stores grow by 25 %, resulting in a comparable revenue growth of 3.7 % for the retailer as a whole. More satisfied customers The renewed focus on Every Day Low Prices, a quality assortment, and customer-friendly service is paying off, the chain proudly announces. These measures allowed group revenue for the first half of 2025 to grow to 5.8 billion …European UnionSee the Story

Supermarkets Face More Shortages of Douwe Egberts over Pricing Dispute

Coverage: 2 sources
Supermarkets may once again be unable to stock Douwe Egberts coffee.Everest · NetherlandsSee the Story

Brax undergoes rebranding after record year - RetailDetail EU

Brax recorded a turnover of 361 million euros last year. The German fashion brand is now aiming for further (international) expansion and is reinforcing those ambitions with a complete rebranding. “Europe’s pants specialist” Brax aims to “become the leading pants specialist in Europe, with strong outfit expertise,” says marketing and sales director Marc Freyberg following the 2024 figures. The clothing label, positioning in the premium casualwea…European Union · GermanyRead Article

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