Forty-five tech giants committed Wednesday to doubling the number of women on their management boards to 30 percent by 2022, the French presidency said. Alibaba, BNP Paribas,, IBM, L'Oreal and Uber were some of the high-profile companies to sign a pledge at the second "Tech for good" summit […]

New York – New data from Juniper Research found the global number of successful retail chatbot interactions will reach 22 billion by 2023, up from an estimated 2.6 billion in 2019. Retail sales resulting from chatbot-based interactions will reach 112 billion dollars by 2023. According to Juniper’s new […]

Chinese e-commerce leader Alibaba on Wednesday announced revenue for the latest quarter that beat analyst estimates, indicating that the Sino-US trade tiff and a slowing domestic economy were having little impact on the bottom line. Revenue for the January-March period rose 51 percent year on year to […]

New York – The swimwear and beachwear niche is thriving, with new research forecasting this market’s share revenue to surge to 7,586 million dollars by 2025. The latest report by Zion Market Research on swimwear a beachwear market, ‘Europe Industry Perspective, Comprehensive Analysis, and Forecast, […]

New York - Laura Joukovski, the Chief Media Officer (CMO) running the data-driven, in-house media team at TechStyle Fashion Group, has implemented a test-and-learn culture across the portfolio of brands. In an interview with Forbes earlier this year Joukovski explained that they “believe a brand is […]

Seattle-based gender-neutral, size-inclusive underwear brand TomboyX has received 18 million US dollars in a series B funding round led by consumer venture capital fund The Craftory, which now becomes TomboyX’s majority stakeholder. Founded in 2012 by Fran Dunaway and Naomi Gonzalez, TomboyX already […]

New York - Perla Fashion Holding, the company owning the high-end lingerie brand La Perla, has confirmed it has secured a capital increase worth 23 million euros. The board of directors has approved the issue of new shares to external investors, based on a valuation of the company’s net equity of 450 […]

Macy’s, Inc. has reported revenues of 5.5 billion dollars for the first quarter, up 0.6 percent on owned and 0.7 percent on owned plus licensed basis. Net income attributable to Macy’s, Inc. shareholders reached 136 million dollars compared to 139 million dollars last year, while EBITDA reached 446 […]

Plus fashion brand Yours Clothing reported 19 percent increase in revenues to 105.5 million pounds for the period to February 3, 2019, while its pre-tax profits soared from 6.5 million pounds to 12.4 million pounds. The company said in in its annual report that store sales improved 20 percent, while […]

Google has announced three new ad types to be displayed across its mobile apps, including the eponymous search engine, the news app Discover, YouTube and Gmail. The new ad formats will be available globally for all advertisers later this year. The first new ad type is called Discovery and aims to introduce […]

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