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Retail

North America’s Oldest Firm Meets Its End. Some Argue Its Fate Was Avoidable

Hudson’s Bay Co. ULC previously planned to save six of its 96 stores from liquidation — but those six locations, including its flagship store, are now also being wound up.


Beauty

Perfume Is the New Status Hoodie

As fragrance “wardrobing” takes off, the former head of branding at aspirational sweatshirt brand Madhappy says “scents are the smartest investment for a new business.” So he’s making one.


Retail

Will the End of De Minimis Kill the Shein Haul?

As the de minimis loophole is set to close in the US, the fate of fast-fashion purveyors Shein and Temu, who announced price increases effective today, hangs in the balance.


Retail

As Foreign Tourists Stay Away, US Retailers Dust Off Their Covid Playbooks

International visits to the US are falling fast due to tariffs and growing tensions between America and the rest of the world. The silver lining for retailers: they’ve been down this road before.


Global Markets

US and China Holding Talks on Trade War, Trump Says After Beijing Rebuttal

Trump told reporters the US and China held talks on Thursday to resolve the trade war between the world’s two largest economies.


Luxury

Francois Pinault’s Wealth Slides as Heir Fails to Revive Gucci

The 88-year-old founder of Kering SA has seen his net worth drop by 29 percent to $18.6 billion since August 2021.


Global Markets

China Says US Should Revoke Unilateral Tariffs, Denies Talks

Chinese Commerce Ministry spokesman He Yadong said Thursday, “Any reports on development in talks are groundless” and called for the US to revoke all unilateral tariffs imposed on China.


Retail

Topshop to Return to High Street With Outlets in Other Retailers’ Stores

The UK fashion retailer said it had already signed deals with retail partners and was seeking more, with no current plans for a standalone location.


Beauty

How to Get Beauty PR Right in Africa

Global lines like MAC Cosmetics and Tom Ford have spent the past decade laying the groundwork and solidifying their distribution channels. Now, they’re attempting to create marketing activations to drive sales and boost brand awareness across the region — but cultural nuances mean a more specialised approach is needed.


Retail

Exclusive: Inside Adidas’ Running Strategy

The company’s new supershoe for elite runners, the Adizero Adios Pro Evo 2, has arrived, and with a revamped running portfolio, Adidas aims to get more casual runners in its sneakers, too.


Sports

Nike Seeks Brand Boost in Shoe Science for Kipyegon’s 4-Minute Mile Bid

The sportswear brand announced Wednesday its plans to improve sneaker technology to help Kenyan track star Faith Kipyegon break a women’s record by running a mile in under four minutes.


Retail

‘They Played Us’: Forever 21 Vendors Scorn Retailer’s Bankruptcy

Several vendors are alleging the fast-fashion brand’s US operator requested heavy discounts on orders and took delivery of shipments shortly before filing for bankruptcy without disclosing its plans to reorganise.