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Helen Reid

Helen Reid

European Retail Correspondent at Reuters News

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Email address
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Influence score
19
Phone
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Location
United Kingdom
Languages
  • English
Covering topics
  • Commerce

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Recent Articles

reuters.com

Exclusive: UK regulator's Shein IPO decision slowed by challenge from Uyghur group

Britain's financial regulator is taking longer than usual to approve fast-fashion retailer Shein's IPO because it is checking its supply chain oversight and assessing legal risks after an advocacy group for China's Uyghur population challenged the listing, according to two sources close to the matter.
12 days ago
reuters.com

Extreme heat puts garment factory workers at risk, study shows

New EU regulations make retailers like Inditex, H&M and Nike legally liable for conditions at their suppliers, putting pressure on them to help fund improvements to cool factories they source from.
16 days ago
reuters.com

Black Friday: Temu and Shein bidding wars spike online marketing costs

Heavy online marketing spending by Temu and Shein is making it more costly for other retailers and brands to reach shoppers on Black Friday, marketing and industry experts say, with both platforms bidding heavily on search keywords used by competitors.
27 days ago
reuters.com

Trade tariffs make it harder to keep prices low, IKEA executive says

Tariffs planned by U.S. President-elect Donald Trump will make it harder for IKEA to keep prices low, the chief financial officer of the world's biggest furniture retailer told Reuters on Wednesday.
27 days ago
reuters.com

Biggest IKEA retailer takes profit hit as price cuts dent sales

The world's biggest retailer of IKEA furniture on Wednesday reported a big drop in annual net profit after cutting prices in an attempt to coax more cost-conscious shoppers into its big blue stores.
27 days ago
reuters.com

Burberry hopes 'scarf bars,' puffer jackets and classic styles can ...

Burberry is hoping "scarf bars" in its stores, new ranges of puffer jackets, and a sharper focus on its classic products rather than new fashions will help to turn its brand around.
about 1 month ago
reuters.com

Burberry puts focus back on trench coats, scarves in turnaround plan

Burberry will use its British heritage appeal to win back customers by focusing on trench coats and scarves and be less ambitious with prices on bags and shoes, the loss-making luxury brand said in a revamp that sent its shares up sharply.
about 1 month ago
reuters.com

IKEA ready for potential tariffs under Trump, CFO says

IKEA has learned from recent supply chain disruptions and is well prepared for potential trade barriers, the owner of the world's biggest furniture brand said on Friday as companies seek to ready themselves for tariffs under Donald Trump's presidency.
about 2 months ago
reuters.com

IKEA reports higher profit despite revenue hit from price cuts

Inter IKEA, the owner of the world's biggest furniture brand, reported higher profits for 2024 thanks to lower interest payments, despite a sharp decline in revenues after it cut prices across its range of products like BILLY bookcases.
about 2 months ago
reuters.com

Shein's European entity reports 68% sales growth in 2023

Sales by Shein's Ireland-registered entity Infinite Styles Ecommerce Co grew 68% in 2023, hitting 7.684 billion euros ($8.36 billion), according to annual results published on Monday.
about 2 months ago
reuters.com

Temu considers joining European anti-counterfeit group

Chinese online retailer Temu is considering joining a group of ecommerce platforms and brands that collaborate to prevent the sale of fake products online in Europe, according to a meeting agenda seen by Reuters.
about 2 months ago