The retail industry is undergoing a significant period of change. Consumer demand is constantly evolving led by rising expectations for an improved experience, both online and in-store. Today’s connected consumer firmly sets the pace for change and retailers must respond to stay in the race. What can […]

L Brands is nearing a deal to sell ailing lingerie brand Victoria’s Secret to private equity company Sycamore Partners, according to a report published by CNBC on Sunday night. Quoting sources familiar with the matter, the report says the deal could be announced as early as this week. L Brands’ owner […]

HanesBrands, for the fourth quarter ended December 28, 2019, reported net sales of 1.75 billion dollars, decrease of 1 percent while constant-currency organic sales increased slightly. For the full year, net sales increased 2 percent to 6.97 billion dollars. The company said in a statement that fourth-quarter […]

Canada Goose Holdings Inc. reported strong international growth led by a standout performance in Asia, where revenue doubled to 94.7 million Canadian dollars (71.1 million dollars). Total revenue increased by 13.2 percent to 452.1 million Canadian dollars (339.4 million dollars) or 13.7 percent on a […]

From 16 to 20 February to the tune of 2,300 exhibitors from 60 nations will occupy 16 halls of Düsseldorf Exhibition Centre. Trade visitors should also start planning their visit to the trade fair now to leverage the ranges. EuroShop boasts a plethora of services that help trade fair guests from throughout […]

In light of the coronavirus outbreak, VF Corporation has temporarily closed about 60 percent of its owned and partner stores in China due to coronavirus mitigation efforts, while the company said in a statement that stores currently open have experienced significant declines in retail traffic. “The […]

The company said on Friday its FY19 net profit surged Revenues grew by 2 percent from the same period last year. The company's net profit for FY19 was 601 million dollars, grew from 540 million dollars a year earlier. Revenues increased to 6,967 million dollars. Hanesbrands Inc. (NYSE: HBI) was founded […]

There is a growing need for smart technology in the fashion industry. Bigthinx is a deep-tech startup specializing in Artificial Intelligence for fashion, retail and fitness. Bigthinx's B2B2C AI software carry out a 3D body scan using only two photos from a smartphone and calculate 44 precise body measurements […]

Animal rights organisation Peta has bought a one percent stake in Mike Ashley’s House of Fraser after the retailer began restocking items containing fur despite a “strict no-fur policy”. It means representatives of the organisation will be able to attend the retail chain's annual meeting in September […]

Burberry Group plc has said that following the coronavirus outbreak in China 24 of our 64 Burberry stores in Mainland China are closed with remaining stores operating with reduced hours and seeing significant footfall declines. “The outbreak of the coronavirus in Mainland China is having a material […]

Related news

MORE NEWS

 

LATEST JOBS

 

MOST READ