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Diageo reiterates fiscal 2026 guidance with free cash flow set to reach $3bn. The drinks group maintained its full-year outlook at its third-quarter update, guiding flat to low-single-digit operating profit growth. It expects free cash flow to reach $3bn, aided by around $300m of Accelerate savings.
Aritzia lifts Q1 net revenue 43.4% to C$951m, driven by digital and store growth. The Canadian fashion retailer posted comparable sales growth of 35.1% in the quarter to 31 May, with the US its largest growth market. Strong spring and summer demand, digital gains and new boutique openings drove the performance.
Bodycare appoints Charles Denton as CEO to lead UK relaunch. Bodycare names the former The Body Shop executive as CEO and Executive Chair, ahead of launching a Sheffield flagship. The retailer targets UK and international growth, supported by a proprietary AI platform and expanded leadership team.