Luxembourg

Uniqlo’s popularity with Gen-Z boosts FY profits by 57% to €221.7m

Uniqlo’s European operations has seen its profits jump by 57.5% to €221.7m (£185.4m) in the year to 31 August 2024,…

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EG Group profits surge 9% in FY24

EG Group has reported a 9% increase in EBITDA to $992m (£782.5m) in FY24 driven by significant contributions from its…

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JD Sports acquires Courir in €520m deal

JD Sports has completed its acquisition of French sneaker retailer Group Courir for €520m (£433m), which will be paid through…

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Amazon UK pays corporation tax for first time since 2020

Amazon’s main UK division has paid corporation tax for the first time since 2020 following the end of a ‘super-deduction’…

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Dr Martens secures new majority shareholder amid restructure

Dr Martens has revealed that Guernsey-based IngreGrsy Limited has acquired a 38.46% ownership stake in the British retailer. The announcement…

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Today’s news in brief-15/12/23

Amazon has emerged victorious in a £215m tax dispute with the EU Commission. The European Court of Justice dismissed the…

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Amazon wins £215m EU tax battle

Amazon has won its case against the EU Commission over a £215m tax battle in the European Court of Justice.…

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Asda acquires EG Group’s UK business for £2bn

Asda has completed its acquisition of EG Group’s UK business in a deal valued at £2bn.  The move has seen…

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Amazon UK pays £648m in tax as revenues surpass £23bn

Amazon UK has revealed it paid £648m in directly incurred taxes last year as its revenues surpassed £23bn. As part…

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The Very Group appoints CEO

The Very Group has appointed Lionel Desclée, the former president and CEO of Walmart Japan, as group CEO, effective 19…

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