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UK Retail Sales Fall 0.4% in September Amid Weak Consumer Confidence

Ut World October 23, 2026 0

UK retail sales volumes fell by 0.4% in September 2026 compared with the previous month, according to the Office for National Statistics (ONS), as uncertain consumer confidence weighed on spending. The decline followed a 0.7% increase in August and a 0.4% fall in July. The latest figures were Continue Reading

Featured Interviews

Gopu Nandilath: Building a Retail Empire on Trust

Ut World August 14, 2026 0

With extraordinary foresight, relentless drive and an instinctive understanding of consumer aspirations, Gopu Nandilath has transformed a modest 3,000 sq ft electronics store into an expansive retail empire. Today, Gopu Nandilath G-Mart commands a formidable presence with 66 outlets across Kerala, redefining the way the state shops for consumer durables while earning an Continue Reading

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VPN IBE Awards 2026 Honours Leaders Shaping the Future

Ut World June 24, 2026 0

The prestigious Manappuram VPN IBE Awards 2026 was held on June 23, 2026, at the Gokulam Park Hotel & Convention Centre, Kochi, honouring distinguished personalities who have made remarkable contributions to business, technology, retail, innovation, and cinema. The awards were presented by Shri V. P. Nandakumar, Chairman & Managing Director of Manappuram Finance Continue Reading

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Puma’s 2025 Results Plunge as Restructuring Plan Targets 2027 Recovery

Ut World February 28, 2026 0

German sportswear giant Puma reported a difficult end to 2025, posting revenue of €7.3 billion—down more than 13% year on year—while operating profit swung sharply to a €357 million loss from a €549 million profit in 2024. Over two years, the company has shed €1.3 billion in revenue, reflecting currency pressures, weak consumer demand, and […]Continue Reading

Fashion Featured Latest news

Luxury Brands Face Margin Squeeze, Urged to Cut Indirect Costs: Inverto Report

Ut World February 17, 2026 0

Luxury goods companies are facing mounting pressure on profitability, with a new study by Inverto, part of Boston Consulting Group, revealing a sharp decline in margins. Across 20 leading global luxury groups, average profit margins have dropped from 24% in 2022 to 13% currently. The steepest fall occurred between 2022 and 2023, when margins slid […]Continue Reading