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Helen Reid

Helen Reid

European Retail Correspondent at Reuters News

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Location
United Kingdom
Languages
  • English
Covering topics
  • Commerce

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Recent Articles

reuters.com

H&M reports sluggish start to spring sales

Swedish fast-fashion retailer H&M reported weaker than expected sales for its first quarter on Thursday and said sales were up 1% so far in March, in a sign of a slow start to its spring and summer season.
reuters.com

H&M CEO says US tariffs will cost American consumers

U.S. President Donald Trump's actions to raise import tariffs will drive prices up for American consumers, the CEO of fast-fashion retailer H&M said on Thursday, as the company shifts its supply chain to adapt to new trade barriers.
reuters.com

TikTok Shop steps up Europe expansion with US future unclear

E-commerce platform TikTok Shop said it will launch to users in France, Germany, and Italy on Monday, expanding its reach further into Europe even as TikTok faces being shut down in the U.S. if Chinese owner ByteDance does not find an American buyer.
reuters.com

Zara owner Inditex's transport emissions jump in 2024

Zara owner Inditex's emissions from transport jumped by 10% in 2024 as the fast-fashion retailer used more flights to move clothes from production centres in Asia to its logistics hub in Spain and into stores.
reuters.com

Shares in Zara owner Inditex tumble as slowing growth startles inve...

Zara owner Inditex on Wednesday reported a slower start to its first quarter starting February 1, raising questions around its ability to keep building on rapid recent growth, and sending its shares down more than 6% in early trading.
reuters.com

Lego sales rise as bricks click with more shoppers

Lego reported strong sales growth for 2024 as more shoppers snapped up its colourful plastic brick construction sets and the toymaker said it was taking market share from rivals.
reuters.com

Adidas targets larger US market share as Nike struggles

Whether Adidas can win more American shoppers from market leader Nike will be key to its continued success this year, investors and analysts said, as the German brand looks for new sources of growth beyond its Samba and Gazelle sneakers.
reuters.com

Shein reports two child labour cases in 2024 as it increased suppli...

Fast-fashion retailer Shein found two cases of child labour at its suppliers last year, the same number as in 2023, following more audits of its mostly China-based third-party manufacturers, the company told British lawmakers in a letter.
reuters.com

Salomon and Arc'teryx owner Amer Sports sees strong dollar hurting ...

Sportswear group Amer Sports expects lower sales growth this year, the company said on Tuesday as it reported fourth-quarter results boosted by sales of Salomon shoes and expensive Arc'teryx jackets.
reuters.com

Birkenstock flags tariff risk after strong holiday sales

Birkenstock , famous for its cork-based sandals, reported strong sales over the Christmas holiday shopping season but stopped short of raising its earnings targets as executives struck a note of caution over tariffs and other economic risks.
reuters.com

Exclusive: Shein executive seeks to reassure investors after Trump ...

Fast-fashion retailer Shein's executive chairman Donald Tang told investors in a letter on Monday that "growth remains strong" despite the United States ending duty-free treatment of low-value ecommerce packages from China and hiking tariffs.