CommentSold, a digital commerce solution that enables small and medium-sized retail businesses to unlock sales growth through live and social selling, has launched a new mobile app functionality that provides enhanced live-selling capability to its merchant partners. The new app features include Live […]

Russian online retailer Ozon said Friday it is planning to list on the US stock exchange after meteoric growth, fuelled most recently by the boom in e-commerce due to coronavirus lockdowns. Ozon has "submitted a draft registration statement... to the Securities and Exchange Commission relating to the […]

Footwear brand portfolio holding company StreetTrend LLC has acquired European based sneaker brand P448. StreetTrend bought the company from Italy-headquartered NoThanks SpA, and will call the new consolidated entity P448 SpA. “Everyone is saying wholesale is dead - wholesale is not dead but it's evolving,” […]

All it took was a photo on Justin Bieber's Instagram of Crocs shoes and the caption "Soon", to send the company's stock jumping Thursday on speculation of a future collaboration with the Canadian pop star. Bieber is regularly seen wearing the plastic clogs in public. But after a post showing a pair […]

September 2020 same-store sales including online sales at Uniqlo Japan increased by 10 percent while total sales including online sales increased by 10.4 percent. The company, part of the Fast Retailing Group said that September witnessed double-digit year-on-year growth in same-store sales as continued […]

Safilo has announced that based on the business rebound recorded in July, its performance in August and preliminary data for the month of September – the Group’s management expects total net sales including acquisitions for the third quarter to grow mid-single digit at constant exchange rates compared […]

Sales at Esprit have plummeted during the pandemic, as the company posted a 23,65 percent drop in revenue. After a promising start to the year, the Hong Kong based retailer saw a tangible shrinking of its sales and profits. The group recorded revenues of 9.87 billion Hong Kong dollars (approximately […]

H&M has revealed that their profit more than halved year-on-year in the three months to the end of August to 1.8 billion Swedish krona, and has announced plans to close around 250 stores next year as it focuses on digital channels. The group’s net sales in the third quarter decreased by 16 percent in […]

Pronovias Group, the world leader in the luxury bridal sector, presents #PronoviasPink, an international action in which the company is teaming up with the most prestigious associations and foundations in each country working in the global fight against breast cancer. #PronoviasPink consists of raising […]

American Eagle Outfitters appoints Steven Davis as independent director American Eagle Outfitters, Inc. has appointed Steven A. Davis to the company’s board of directors as an independent director, effective October 1, 2020. The company said in a statement, this appointment expands its board to nine […]

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