Tag: Pop-up retail

BusinessInternational Business and Trade

Shein Reports Revenue Growth Amid Profit Decline and Trump Tariff Uncertainty

Fast-fashion giant Shein reported 20% revenue growth reaching $37bn while profits fell 13% to $1.5bn. The company warns of increasing uncertainties from evolving US tariff policies and faces allegations of aggressive tax avoidance through international corporate structures.

Revenue Growth Contrasts with Profit Decline

Fast-fashion retailer Shein has reportedly achieved significant revenue growth while facing profit challenges, according to newly released accounts. The Singapore-based company recorded a 20% increase in global revenues to $37bn, but pre-tax profits fell by 13% to $1.5bn last year from $1.3bn in 2023. Sources indicate that increased selling and marketing costs contributed to the profit decline even before the impact of recent changes to tariff policies.

by Elisa Romero
BusinessPersonal Finance

Entain Q3 2025 Performance: BetMGM Shines as International Sales Slow

Entain’s share price fell 2% as the FTSE 100 gambling giant reported slowing sales growth outside its blockbuster BetMGM division. While total net gaming revenue rose 6% in Q3 2025, international markets showed mixed performance with Brazil declining 11% and Australia falling 6%.

Shares in Entain dropped 2% in midweek trading as the gambling giant reported slowing sales growth outside its powerhouse BetMGM US division. The FTSE 100 company’s stock fell to 823p per share following its third-quarter 2025 earnings release, which revealed a complex picture of regional performance across its global operations.

Overall Financial Performance

by Nathan Cole
Assistive TechnologyRetail

Walmart ChatGPT Shopping Integration Revolutionizes AI E-commerce

** Walmart announces groundbreaking partnership with OpenAI to integrate shopping capabilities directly into ChatGPT. The new feature allows customers to purchase Walmart products through conversational AI, marking a significant shift toward agentic e-commerce experiences. This development complements Walmart’s existing AI initiatives including their Sparky shopping assistant. **CONTENT:**

Walmart is revolutionizing online shopping through a new partnership with OpenAI that will enable customers to shop directly via ChatGPT, creating one of the first major implementations of agentic shopping in mainstream retail. The integration, announced Tuesday, will allow consumers to purchase Walmart’s extensive product range—including groceries (excluding fresh food), household essentials, and more—through conversational AI interfaces with instant checkout capabilities.

by Nathan Cole