UK retailers had their worst June in a decade as consumers reined in spending ahead of the country’s European Union referendum.
Hennes & Mauritz shares fell after the clothing retailer said sales in April were hurt by unseasonably cool weather in many parts of Europe.
Fnac increases its offer for French electronics retailer Darty to 900 million pounds in a final effort to hold off Steinhoff.
J Sainsbury proceeded with its takeover bid for Home Retail Group after Steinhoff dropped out of the race.
Steinhoff International takes on J Sainsbury for Britain’s Home Retail Group.
Anheuser-Busch InBev said it will explore the sale of SABMiller’s European premium beer brands including Peroni and Grolsch.
If Anheuser-Busch InBev purchases SABMiller, it will be the biggest acquisition in the industry’s history.
Tesco’s simple tweaks put the British grocer back in front of its competitors, writes Paul Jarvis.
German sporting-goods maker Puma has named Rihanna as creative director to try to revive its struggling brand.
