Adidas warns Trump tariffs will put up US shoe prices

Company had strong first quarter but says it cannot raise outlook for this year owing to tariffs uncertaintyAdidas has said the price of its popular trainers, including the Samba and Campus models, is likely to rise as a result of Donald Trumpโ€™s tariff…

Tariffs more likely to bring UK price cuts than inflation, says WH Smith boss

Carl Cowling says there is โ€˜no logicโ€™ in why there would be inflation as east Asian suppliers seek alternatives to the USDonald Trumpโ€™s tariff war is more likely to lead to price cuts than inflation for many retailers in the UK, according to the boss o…

โ€˜Amazon slayerโ€™: the Dublin minnow taking on the giants in drone deliveries

The Guardian speaks to Manna Aero founder and orders coffee via startupโ€™s app to be delivered to a suburban homeOne drone lifts up into the sky at a shopping centre on the outskirts of Dublin, then another. They rise to 70ft (21 metres), tilt forward a…

Prada buys Versace in โ‚ฌ1.25bn deal uniting Italyโ€™s biggest fashion brands

Prada has secured Versace at a โ‚ฌ180m discount amid market turmoil and after months of speculationPrada has agreed to buy the Versace fashion brand for โ‚ฌ1.25bn ($1.38bn) from the fashion conglomerate Capri Holdings.It comes after months of speculation a…

Trumpโ€™s tariffs could face more than one legal challenge

At issue is a nearly-50-year-old law, the International Emergency Economic Powers Act, that Trump is citing to impose tariffs.

HMV puts UK expansion on hold because of budget tax rises

Retailer had hoped to open more stores in Britain in coming year but will do so in Ireland and Belgium insteadHMV has put its UK expansion on hold and is to open stores in Ireland and Belgium instead, because of rising wage costs announced in last autu…

Poundland up for sale as budget tax changes drive up costs

Owner Pepco Group considers โ€˜all strategic optionsโ€™ amid โ€˜increasingly challenging UK retail landscapeโ€™Business live โ€“ latest updatesPoundlandโ€™s owner is mooting a possible sale of the UK discount retail chain as it struggles amid tough trading and bef…

UK marketplace sellers face โ€˜second Brexitโ€™ hit from Trumpโ€™s US import rules

End of โ€˜de minimisโ€™ policy for Chinese goods also expected to hit bigger fashion retailers such as Asos and BoohooMany UK-based independent sellers on marketplaces such as eBay and Amazon could suffer a significant hit to US sales from planned changes …

EU to tighten checks on goods sold by sites such as Shein and Temu

European Commission also urges EU lawmakers to phase out exemption on customs duties for parcels under โ‚ฌ150Parcels sent from China by online retailers such as Shein and Temu will face strict new customs controls as part of a crackdown by the European C…

Oliviero Toscani, photographer behind provocative Benetton ads, dies aged 83

Tributes paid to Italian known for images that drew attention to social themes including HIV/Aids and racismTributes have been paid to Oliviero Toscani, the Italian fashion photographer renowned for the provocative images used in Benettonโ€™s advertising…

Antidote to online: Germanyโ€™s one-stop wellness shops get ready for Christmas

Reformhaus retains an unmatched selection of tea and slippers but is morphing to stay competitive Wellness, organics and sustainability have become buzzwords in modern consumer marketing, but the mainstreaming of โ€œgreenโ€ lifestyle is creating some cha…

Nine in ten honey samples from UK retailers fail authenticity test

Call for industry reform as latest results support belief that products are being bulked out with cheaper sugar syrupThe honey industry faces new demands to overhaul its supply chain after more than 90% of sampled products bought from large British ยญre…

EU launches action against shopping website Temu over illegal products

Formal investigation opens amid concerns Chinese shopping website is breaching Digital Services ActBusiness live โ€“ latest updatesThe EU has launched formal proceedings against the Chinese shopping website Temu amid concerns it is failing to halt the sa…

EU plant exporters turning backs on UK over post-Brexit border checks, says trade group

Trading relationships at โ€˜breaking pointโ€™ because of delays and costs, garden centres and nurseries warnExporters of plants and flowers from mainland Europe are turning their backs on supplying Britain as โ€œpainfulโ€ new Brexit border checks are putting …

Can a traffic-free Oxford Street match its global rivals?

The London mayor has big plans for the famous shopping street. We look at how similar schemes in Paris, New York and Barcelona have faredFrom the rooftop of Londonโ€™s original John Lewis, the mayor, Sadiq Khan, never knowingly underselling himself, laid…

Labor unrest threatens to upend Harrisโ€™ economic pitch

Tens of thousands of Boeing workers went on strike last week, with other strikes looming โ€” including one that could spell economic disaster for the country, and for Kamala Harrisโ€™ campaign.

WH Smith launches ยฃ50m share buyback after strong summer

Rise in travel-related sales benefits retailer, with group revenue up 7% in year to end of AugustWH Smith is to give investors a ยฃ50m windfall as holidaymakers snapping up travel essentials helped boost summer sales at the retail chain.The retailer sai…

Clogsโ€™ popularity helps Birkenstock to highest ever quarterly sales

โ€˜Uglyโ€™ footwear trend boosts German companyโ€™s results but shares fall on bigger-than-expected drop in marginsStrong sales of clogs โ€“ which have been adopted by the American models Gigi Hadid and Kendall Jenner as part of this summerโ€™s trend for โ€œuglyโ€ …

Indonesians who paid thousands to work on UK farm sacked within weeks

Exclusive: Several sent home for slow fruit picking face debts as watchdog investigates alleged illegal feesIndonesian workers who paid thousands of pounds to travel to Britain and pick fruit at a farm supplying most big supermarkets have been sent hom…

UK clothing sales to EU plummet as Brexit red tape deters exporters

Small and medium-sized firms badly hit as huge drop in apparel sales helps fuel 18% slide in all-non food exportsUK exports of clothing and footwear to the EU have dived since Brexit, according to a new study that shows the extent to which complex regu…

Call for UK crackdown on plastic packaging to drive green economy

FTSE 100 firm DS Smith, which works with firms over alternatives, urges next government to match global standardsWhoever wins the UK general election must tighten regulations to slash the use of plastic packaging, match global standards and drive โ€œgree…

Toblerone maker Mondelฤ“z fined โ‚ฌ337.5m for anti-competitive practices

Food group illegally prevented retailers from sourcing products from EU states where prices were lowerโ€ข Business live โ€“ latest updatesThe owner of Toblerone, Milka and Oreo has been fined โ‚ฌ337.5m (ยฃ288m) for anti-competitive practices in the EU.The US …

Sharp rise in cost of British lamb in UK due to rising demand and import issues

Cold and wet weather also thought to have led to more lambs dying in early season, as Morrison drops 100% British lamb pledgeThe price of British lamb has hit an all-time high as cold weather and disease in the UK and difficulties with imports have com…

Brexit border IT outages delay import of perishable items to UK by up to 20 hours

Lorries carrying meat, cheese and cut flowers held up by new checks, with retailers rejecting some ordersLorries carrying perishable food and plants from the EU are being held for up to 20 hours at the UKโ€™s busiest Brexit border post as failures with t…

Chinese network behind one of worldโ€™s โ€˜largest online scamsโ€™

Exclusive: Vast web of fake shops touting designer brands took money and personal details from 800,000 people in Europe and US, data suggestsMore than 800,000 people in Europe and the US appear to have been duped into sharing card details and other sen…

Delivery firm Getir to quit UK, Europe and US and focus on Turkey

Grocery service grew during Covid pandemic but has retreated amid competition and waning demandThe grocery courier firm Getir is to quit the UK, Germany, the Netherlands and the US to focus on its home market of Turkey amid heavy competition and waning…

Garden centres in UK stockpile plants before new Brexit checks

British growers and sellers fear government measures starting on 30 April could result in delays and plants being damagedGarden centres and nurseries are stockpiling plants before Brexit checks are introduced later this month, amid concerns over whethe…

Nearly 1,000 jobs at risk as Ted Baker prepares to appoint administrators

Authentic Brands announces move for brandโ€™s Europe retail and online arm after โ€˜damage doneโ€™ during tie-up with Dutch companyTed Bakerโ€™s European retail and online arm is to appoint administrators, putting almost 1,000 jobs at risk at the British brand…

โ€˜Complexโ€™ post-Brexit tax rules means price rises for wine drinkers in Britain

Wine Society describes planned alcohol duty changes as โ€˜ludicrous, expensive and probably unworkableโ€™British consumers have been told that the price of some of their favourite red wines could increase by more than 40p next year after the government ign…

The Body Shopโ€™s German arm falls into administration

Belgian arm will be put into insolvency, with more than 460 jobs at risk across two countries The Body Shopโ€™s mainland European businesses have begun shutting down, with the German stores put into administration and its Belgian staff told they will be …

UK farmers vow to mount more blockades over cheap post-Brexit imports

Inspired by French action, British campaigners say they will continue slow tractor protests after Dover roads were blockedFarmers say there will be further French-style blockades following a slow tractor protest at Dover against low supermarket prices …

Post-Brexit food labelling rules to appease DUP will lead to higher prices, says industry

Draft legislation is intended to ensure full array of products are sold in Northern IrelandForcing all UK supermarkets to put โ€œnot for EUโ€ labels on meat, dairy and plant products in a move to assuage the concerns of unionists in Northern Ireland will …

Carrefour pulls PepsiCo products in four EU countries over price hikes

Stores in France, Italy, Spain and Belgium will no longer stock PepsiCo drinks, Layโ€™s and Doritos crisps and Quaker cerealsThe French supermarket chain Carrefour has said it will stop selling PepsiCo products in stores in four European countries becaus…

Dutch flower growers call for delays to UK post-Brexit border checks

Trade association says exporters are not ready and warns of disruption for Valentineโ€™s Day and Motherโ€™s DayBusiness live โ€“ latest updatesDutch flower growers have called on the UK government to delay post-Brexit border controls on plants and food set t…

Retailers to pay for consumersโ€™ e-waste recycling from 2026 under UK plans

Households will be able to drop off cables and other electrical waste in-store or have home collections, says DefraBritish households will benefit from improved routes for recycling electronic goods from 2026, under government plans to have producers a…

Pint of wine anyone? UK looks to bring back โ€˜silly measureโ€™

Winemakers question plan as government champions Brexit โ€˜freedomโ€™ to allow old-fashioned sizeThe poet Robert Burns imagined a man toasting his lover with a โ€œpint oโ€™ wineโ€, and Winston Churchill was perhaps the most famous proponent of the pint bottle f…

โ€˜Substantial volumeโ€™ of clothing tied to Uyghur forced labour entering EU, says study

Calls for legislation after dozens of brands identified as being at risk of sourcing materials linked to Chinaโ€™s transfer programmesA โ€œsubstantial volumeโ€ of clothing tainted by the use of Uyghur forced labour is entering the European Union market, acc…

B&Q owner issues another profit warning after weak sales in France

UK business lifted by โ€˜improve not moveโ€™ trend and interior design videos on TikTokThe owner of B&Q and Screwfix issued its second profit warning in three months after weak sales in France but said its UK business is being boosted by the โ€œimprove n…

Brexit โ€˜led to ยฃ850m drop in value of UK beauty industryโ€™s exports to EUโ€™

Report suggests customs delays and increased cost of cross-border trade have affected salesBrexit has led to an ยฃ850m fall in the value of the UK beauty industryโ€™s exports to the EU, according to a report by a leading economics forecasting organisation…

Heinekenโ€™s UK summer beer sales dampened by higher prices and poor weather

Worldwide sales volumes dipped 4.2% as prices rose 9.5%, leading to 2% increase in sales to โ‚ฌ9.6bnHeineken sold less beer in the UK during the summer as it raised prices by more than 7% and cool rainy weather put a dampener on barbecues and outdoor cel…

LVMH hit by growth slowdown amid fall in demand for high-end drinks

Rising inflation and global instability also blamed for drop in revenue growth in third quarterRising inflation, growing global instability and falling demand for high-end drinks have been blamed for a slowdown in growth at the luxury goods multination…

Carrefour puts โ€˜shrinkflationโ€™ price warnings on food to shame brands

French supermarket chain labels products that have shrunk in size but cost more before contract talks with suppliersTell us your experiences of โ€˜skimpflationโ€™ and โ€˜shrinkflationโ€™The French supermarket chain Carrefour has put labels on its shelves this …

UK poised to confirm fifth delay to post-Brexit checks on imports

Latest hold-up is intended to cut risk of new charges being passed on to consumers amid cost of living crisisBusiness live โ€“ latest updatesUK politics live โ€“ latest updatesA fifth delay on the introduction of post-Brexit import checks on food and fresh…

First โ€˜not for EUโ€™ labels appear on supermarket food in Northern Ireland

Labels required on some items from October on back of updated post-Brexit deal seen in AsdaThe first โ€œnot for EUโ€ labels have appeared on food products sold in Northern Ireland, in a sign for consumers of the changes resulting from the Windsor framewor…

Small firms fear going bust as Amazon extends wait time for sale proceeds

Marketplace sellers in UK and rest of Europe say having to wait over a week means they will struggle to pay staff and loansAmazon has told thousands of marketplace sellers in the UK and continental Europe it will hold on to sale proceeds for more than …