Fayed Abuse Victims Seek Up to £150 Million From Harrods
The retailer currently has a £62 million provision set aside for redress payments, but victims’ lawyers say more is likely needed.
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.
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.
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.
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.
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.
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.
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.
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?
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.
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.
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.
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 Most Important Metric in Retail
Retail’s most important metric is something most retailers aren’t even paying attention to.
The News in Brief
Puig Acquires Sun Care Brand Isdin
The conglomerate bought its former partner’s 50 percent share to take full ownership of the Spanish skincare label.
Hugo Boss Chairman to Step Down Amid Frasers Group Pressure
Stephan Sturm is stepping down, as the German fashion house's largest shareholder seeks to beef up its board representation alongside its takeover bid for the brand.
CFDA’s Steven Kolb Involved in Altercation with PETA Protestors
The trade body’s president physically restrained animal rights activists after they stormed a Cos runway show at New York Fashion Week.
GQ Philippines Names Danyl Geneciran Editor in Chief
The former Vogue Man Philippines editor will helm GQ’s 23rd international title, whose debut issue features covers starring Darren Criss, Jordan Clarkson and Erwan Heussaff.
Human Made Discloses $3.6 Million Undercover Purchase Price and Long-Term Financial Targets
The Tokyo-listed company will pay $3.6 million in cash for 100 percent of Undercover, with founder Jun Takahashi relinquishing corporate duties to focus solely on design.
Arizona Accuses L’Oréal of Concealing Cancer Risks Linked to Hair Relaxers
The beauty conglomerate faces over 12,000 similar lawsuits filed by individuals that have been consolidated in a Chicago federal court.
Space NK Names New CEO, Andy Lightfoot Steps Down
Chief marketing officer Emma Simpson-Scott will succeed Lightfoot, who is leaving the UK retailer after seven years at the helm.