Michael Kors Owner Capri Soars After Raising Annual Forecasts
Shares jumped after the group raised its annual revenue and profit forecasts and said it expected sales to return to growth.
Retail
Analysis and advice from the front lines of the retail transformation.
Zara Greets Shoppers With Robots, IPads and Connected Mirrors
The store, which opened Thursday, shows how retailers are increasingly blending online and bricks-and-mortar shopping in a bid to keep up with the might of Amazon.
Social Goods | Amazon's Diversity Pledge, New Look Accused of 'Fat Tax'
This week, Amazon pledges to include women and minority candidates in its board search, while New Look reviews prices amid 'fat tax' row.
UK Shopping Mall Lending Becomes a No-Go Area
Deutsche Bank said it won’t advance credit for malls in the UK after a string of retailers have cut their rent bills, closed stores and gone bankrupt.
Walmart Unveils Lord & Taylor Site as It Tries to Go Upscale
The company is launching the Lord & Taylor store on its website, with more than 125 brands, reflecting its effort to broaden its customer base, drive growth and compete with Amazon.
US April Retail Sales Gain Points to Healthier Second Quarter
Sales rose 0.2 percent at department stores and 0.3 percent at general merchandise outlets.
Gap Apologises for Selling T-Shirt with 'Incorrect' Map of China
Chinese territories, including south Tibet, the island of Taiwan and the South China Sea, were omitted from the map.
Retail's Innovation Problem
If retail’s battle cry is truly ‘innovate or die,’ why are so many choosing death?
UK Retail Misery Endures as Sales Decline Most on Record
The British retail consortium said total sales fell annual 3.1 percent in April.
Hudson's Bay Seeks to Revive Lord & Taylor's Fortunes
Once the cornerstone of its retail empire, Lord & Taylor's department stores are now increasingly struggling to distinguish themselves from competitors.
Gucci Plants Its Flag in Soho
In an exclusive interview at Gucci's newest retail outpost, chief executive Marco Bizzarri explains why the brand is throwing out the "snobbish" luxury retail playbook in a bid to convince its internet-savvy customers there is still a reason to shop in stores.
The Store is Dead, Long Live the Store!
Retailers from Macy's to Gucci are building immersive experiences into their stores as they fight with Amazon and other online competitors for customers' attention. But will the investment pay off?
American Apparel Returns to Brick-and-Mortar
The brand is preparing to open a Los Angeles flagship store later this year, its first foray back into physical retail after all its locations closed following a bankruptcy process.
THE NEWS IN BRIEF
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.
Aritzia Seeks to More Than Double Sales by 2032
New categories and brick-and-mortar expansion beyond North America are set to drive Aritzia’s quest to hit $10.5 billion CAD ($7.5 billion).
Pop Mart Quarterly Sales Fall Up to 50% as Labubu Fad Cools
Sales in the Americas fell 70 to 75 percent.
Mike Ashley’s Frasers Says It’s Taken Control of Hugo Boss
The British retail group has pushed its stake in the German apparel brand above 50 percent in a move that will turn Hugo Boss into a subsidiary of Frasers.
Shein Agrees to Pay $100 Million to Settle US FTC Probe
The settlement, equivalent to 44 percent of the ultra fast-fashion company’s second-quarter profit, is the latest blow amid regulatory and tax crackdowns in Europe and the US that have hampered Shein’s growth.
UK Retail Sales Fall 0.4% in September, More Than Forecast
Sales fell in September as above-average temperatures hit demand for autumn clothing.
David’s Bridal Plans Spinoff and IPO of AI Wedding Planning Platform Pearl
Pearl, a subsidiary of David’s Bridal, will own David’s Bridal and license its intellectual property back to the bridalwear brand. David’s Bridal CEO Kelly Cook will serve as Pearl’s CEO.