Four of eight executives will be leaving retailer Hema. The news comes just weeks following the acquisition of the chain by Dutch entrepreneur Marcel Boekhoorn, who aims to simplify the structure of the company.
Luxury brands will increasingly have to court Chinese shoppers on their home turf, as purchases soar among a clientele who are forecast to generate nearly half the industry’s sales by 2025, a study showed on Thursday.
British retail sales growth unexpectedly slowed to a six-month low last month, as shoppers held off winter clothing purchases due to mild weather and cut back on other goods after a heavy-spending summer.
When Meghan Markle wore a pair of “slave-free” jeans last month, she sparked a sales stampede and shone a spotlight on the growing number of companies aiming to meet public demand for slave-free products.
Despite originally being a U.S. tradition, Black Friday and Cyber Monday are becoming increasingly prevalent in Australia, with deliveries experiencing 10 per cent year-on-year growth in the week following the events.
Majority garment suppliers have been affected by high-pressure cost negotiation strategies, impacting their social, environmental, quality, and other compliance performance, says a report by Better Buying.
Amazon.com Inc said on Tuesday it had split its $5 billion second headquarters into two projects that would be located in New York City’s Queens borough and a Northern Virginia suburb of Washington, DC.
China reported a mixed bag of economic data for October on Wednesday, but industrial output and investment grew faster than expected, suggesting a flurry of support measures may be starting to take hold.
Britain struck a draft divorce deal with the European Union after more than a year of talks, sending Prime Minister Theresa May into a perilous battle over Brexit that could shape her country’s prosperity for generations
Fashion brands need to put their foot down and take action to prevent “a race to the bottom” in terms of discounts that threaten whole fashion retail eco-system, Farfetch CEO José Neves told FashionNetwork.com.