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Kering is considering direct resale to rebuild luxury customer access. A branded secondhand channel could improve authentication, data ownership, and circularity, while creating complex questions around pricing, margins, and cannibalisation.
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Electric-car registrations surged during July as Britain’s automotive market expanded. Battery-electric models secured a 27.5% share, but the industry’s full-year forecast remains below the statutory mandate target.
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De Bijenkorf’s supplier cyberattack disrupted orders, returns, refunds, and trust. The incident demonstrates how third-party systems can turn a technical breach into an immediate customer-experience and operational problem.
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UK authorities are investigating alleged dumping of imported industrial plastics. The case covers S-PVC from China, Mexico, and South Korea, with potential consequences for chemicals, construction products, cables, flooring, and packaging.
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Britain has opened its first new post-Brexit import safeguard investigation. The TRA will examine whether increased PET imports are seriously injuring domestic production, with downstream companies invited to submit evidence.
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Nationwide’s founder partnership precedes its planned business banking market entry. The building society will support Female Founders Rise’s 12,000-plus members as it prepares to launch its own SME proposition next year.
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AI investment is proving unusually resilient amid persistent eurozone uncertainty. ECB analysis suggests digital and intangible spending is cushioning some of the damage caused by conflict, trade disruption, and delayed conventional capital expenditure.
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Siemens Energy’s record quarter reflects surging global electricity infrastructure demand. AI data centres, Middle Eastern projects, and an improving wind division lifted orders, revenue, profitability, and the group’s full-year expectations.
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Britain’s services sector returned to growth as domestic demand improved. July’s PMI reached 52.1, but employment declined for a 22nd consecutive month and export orders remained under pressure.
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Heineken’s profit growth arrived alongside another substantial workforce reduction programme. The brewer removed around 3,000 roles during the first half as savings, pricing, and operating changes lifted margins.