Dutch denim brand G-Star has filed for Chapter 11 bankruptcy in the US citing the impact of Covid-19 on the business. “As a result of this crisis, the previously initiated shift to online has accelerated, at the expense of the performance of physical stores,” a G-Star spokesperson told FashionUnited. […]

New York – In an attempt to mitigate the negative economic impact of coronavirus pandemic, more and more companies in Japan are asking employees to retire early. The measure is expected to help companies offset months of declining business, increasing uncertainty and shifting consumer behaviours, all […]

ANALYSISnewsNew York – MercadoLibre (NASDAQ:MELI), also known as the ‘Latin American Spotify’, has come out reinforced after the coronavirus pandemic prompted lockdowns across South and Central America, which has significantly accelerated e-commerce adoption in the region. In the first quarter, MercadoLibre […]

While the coronavirus is a “defining moment” in the lives of people belonging to Generation Z, it reinforces their belief of constant change, as the pandemic is simply one of the pivotal events that has taken place in their lifetime. That’s according to research and advisory firm Gen Z planet LLC, which […]

Fast-fashion e-tailer Boohoo, which reported strong Q1 sales up 45 percent last month, has been accused of fuelling the coronavirus spread in Leicester, after claims that the factories in its supply chain told staff to come into work during lockdown despite being sick. A report from Labour Behind the […]

Pricing power: a phenomenon well known to financial analysts and general management. It indicates the practice of a company to increase its prices in periods of economic hardening: it is a question - we understand it easily - to increase its margin to compensate for the fall in sales volumes. Not all […]

Shoe Zone PLC has announced the appointment of Peter Foot as Finance Director, with effect from July 6, 2020. The company said in a statement that Foot will replace Jonathan Fearn whose resignation has been accepted with effect from July 31, 2020. Commenting on Foot’s appointment, Anthony Smith, Chief […]

Francesca’s Holdings Corporation and application commerce company Poq have announced their collaborative plans to develop the first mobile app of American retailer Francesca’s. The app, which is scheduled to launch for iOS this summer, with Android to follow later this year, will enhance customer experience, […]

Twenty retailers, including Marks and Spencer, Amazon, Missguided and Next have signed the British Retail Consortium’s roadmap to tackle the causes of climate change. While many are concerned with the current coronavirus crisis, the British Retail Consortium is stating that climate change remains as […]

Spanish fashion brand Mango has said it attracted almost 900,000 new online customers during lockdown, bringing its active e-commerce customers to nearly six million. Mango’s online turnover increased by almost 50 percent between 15 March and 1 June compared to the same period last year. In that same […]

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