In September 2019 Amazon disclosed its carbon footprint for the very first time. The online retail behemoth unsurprisingly contributed more greenhouse gas emissions than some big competitors in retail, logistics and technology, but released a statement in the by now familiar corporate format that it […]

Next Plc has announced that full price sales in the Christmas trading period were 1.1 percent, 9 million pounds (11.8 million dollars) ahead of its internal forecast, driven by a much colder November than last year and improved stock availability in both retail stores and online. For the full year, […]

Bloomberg has reported that Reliance Industries Ltd. has begun testing its new online shopping platform JioMart in a bid to compete with Amazon. Reliance Industries Ltd. is owned by Indian billionaire Mukesh Ambani. JioMart will start off being open to select customers who pre-register and will offer […]

ANALYSIS New York - In the U.S. alone, Statista estimates return deliveries will cost 550 billion dollars by the end of this year, that’s 75.2 percent more than four years prior. Notably, that number doesn’t include restocking expenses nor inventory losses. Size and fit were the top reasons why people […]

Hudson's Bay Co. chairman Richard Baker and his partners have approached the company's minority shareholders about raising the offer to take the company private. Baker has suggested the idea of raising the offer to 11 dollars a share up from 10 dollars and 30 cents a share. Collectively, Baker and his […]

New York - Retailers announced more than 9,300 store closures this year, a 63 percent increase from 2018, when more than 5,700 stores closed. 2017 marked the previous store-closure record, with 8,000 shops closing for good. According to global retail advisory and research firm Coresight Research, a […]

ANALYSIS New York - The global artificial intelligence (AI) in fashion market accounted for 270 million dollars in 2018 and is expected to grow at a CAGR of 36.9 percent over the forecast period 2019-2027, to account for 4,391.7 million dollars in 2027. A recent report (‘Artificial Intelligence In Fashion […]

ANALYSIS Nueva York - The Indian fashion industry has gone through tremendous change in 2019. FashionUnited looks into where it has landed by the end of the year. Meet the new India’s fashion: Homegrown, craft-oriented, greener, digital-first. The Indian fashion industry is one of the largest in the […]

New York –UK’s fashion retailer Joy Group has just announced its intention to appoint administrators, two years after it was bought out of insolvency in a pre-pack deal with its founders. The chain, which has 10 stores across the country, is understood to have lined up KRE Corporate Recovery, which […]

When it comes to garment manufacturing, the denim industry is the one putting the most strain on the environment due to the washes, dyes and chemicals used and the overall water consumption needed to make just one pair of jeans (currently around 2,000 gallons or 7,600 liters of water). All the more […]

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