Amorepacific Third-Quarter Revenue Rises 11%, Overseas Growth Cools
Revenue growth outpaced the previous quarter in the Korean conglomerate’s domestic market, but slowed internationally.
Toronto, Canada
Technology
At Tulip, Analysing Omnichannel Data to Transform the Shopping Experience
The mobile retail technology solutions firm digitises the in-person retail experience, enabling data to be shared across a business, creating insights that equip retailers with the tools to respond to evolving consumer behaviours.
Retail
How an Exodus from Cities Will Reshape Retail
The work-from-anywhere revolution will accelerate the coming of a post-digital age for shopping, argues Doug Stephens of Retail Prophet.
Retail
Canada Goose Expects Little Revenue in Current Quarter
Sales fell nearly 10 percent to C$140.9 million in the fourth quarter ended March 29.
Retail
Canada Goose Lays Off 125 Workers
The outerwear brand has cut 2.5 percent of it global workforce in a bid to mitigate the financial losses caused by the pandemic, just months after suspending the long-term outlook for the year.
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Retail
On the Frontlines of Retail There Are No Heroes, Only Victims
Most retail workers are woefully underpaid, stripped of rights and treated as interchangeable parts in a global retail machine, writes Doug Stephens of Retail Prophet.
Marketing
Why Branding Matters Now More Than Ever
As the coronavirus crisis deepens, companies are slashing advertising budgets but branding never goes on pause, writes Doug Stephens of Retail Prophet.
Retail
Canadian Brands Hope to Cash In on the 'Meghan Effect'
Experts speculate that the Sussexes’ move to North America could bolster the country’s fashion industry by spotlighting homegrown labels.
Retail
Do Stores That Don't Sell Anything Really Work?
Canada Goose's new store has a simulated avalanche, but no coats to buy. Will its bet on experiential retail pay off?
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Retail
In Brands We Trust: Why Companies Are the New Communities
Brands have a powerful opportunity to fill the void in belonging and meaning left by the decline of religion and eroded faith in government.
Retail
Canada Goose Earnings Exceed Wall Street Expectations
The Toronto-based company reported a 27.7 percent jump in revenue to $222.2 million.
News & Analysis
Canada Goose Misses Margins on Higher Sales of Less Profitable Clothes
As the luxury apparel maker sold more of its light-weight spring season clothes, which are not as profitable as its $1,000 parkas, quarterly gross margins missed estimates.
Retail
The Most Important Metric in Retail
Retail’s most important metric is something most retailers aren’t even paying attention to.
The News in Brief
Hearst Magazines Names Juliana Stock President
Current president Debi Chirichella will be Hearst Magazine’s next chair.
Lilly Raises Sales Forecast, Widening Lead in Obesity Market
Eli Lilly & Co. raised its full-year sales forecast as demand for its blockbuster obesity and diabetes drugs continues to surge, giving the drugmaker more momentum as it expands into pills and develops even more powerful weight-loss treatments.
US to Temporarily Allow Compounding of Six Peptides
The move relaxes rules to access some peptide compounds for recovery, sleep and cognition and will require pharmacies to notify regulators about adverse events.
Adidas Keeps Humming With Apparel, Performance Sports Growth
The German sneaker brand on Thursday reported strong growth in apparel and sports gear, led by running, training and football products, elaborating on preliminary results published last week.
Uniqlo Scraps Price Rise on $2 Socks After Japanese Shopper Outcry
The decision underscores the challenge Japanese retailers face as persistent inflation squeezes household budgets.
Puig Targets €8 Billion in Annual Sales by 2032
Ahead of its first Capital Markets Day in Madrid, the Spanish beauty group has unveiled its “Vision 2032” and detailed its plans to grow its share of the global fragrance market.
Report: Puig, CVC, Cinven Eye Luxury Fragrance Maker Parfums de Marly
Private equity firms CVC Capital Partners and Cinven, along with Spanish beauty group Puig, are considering acquiring Parfums de Marly, the luxury fragrance brand owned by Advent International, two people familiar with the matter told Reuters.