NEXT
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Polyester squeeze tests fashion's price discipline as Hormuz risk lifts oil through 2026
Brent near $100 and a 20% global oil chokepoint at Hormuz are pushing polyester costs higher across H&M, M&S and Next. Delhi couturier Gaurav Gupta, fresh off dressing Reliance's Isha Ambani at the Met Gala, says luxury can absorb it; CFCL leans on 90% recycled feedstock. Mass brands will pass through.
Business of Fashion · Retail · 5/19/2026, 4:37:35 AM
Chefs turn to ChatGPT for menu R&D, from Piada's Summer Fresca to Sodexo's profit lift
Restaurants across QSR, fine dining and contract foodservice are embedding generative AI into menu development. Piada used ChatGPT to ideate 30 beverages before launching Summer Fresca, while Sodexo cut recipe development from 3 days to half a day and reports a 10-15% profit increase from AI-driven menu engineering.
Restaurant Business · 5/15/2026, 2:00:24 AM
NEXT plants tri-format flag at Phoenix Mall of Asia as Myntra-led India rollout accelerates
UK fashion major NEXT opened Women, Men and Kids stores spanning 4,500 sq.ft. at Bengaluru's Phoenix Mall of Asia, its third Indian city after Pune and Hyderabad. Franchise partner MJIPL (Myntra) lines up Delhi and Mumbai next, leveraging NEXT's 460 UK and 265 international stores across 80 countries.
Retail4Growth (HTML list) · 5/15/2026, 1:14:05 AM