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.
Nordstrom's Weaker Profit Clouds Comeback Plan
Though sales grew faster than expected last quarter, the results spotlighted the challenges in Nordstrom’s turnaround plan.
Kohl's Sees Growth in Sales
It stood out against other department stores thanks to strong sales of Nike and Under Armour activewear, digital growth and new customers.
Op-Ed | Macy's Should Unleash Its Secret Weapon
Executives do little to tout the Bluemercury cosmetics brand, though it's well-suited for retail's future.
Nike Showcases Big Bet on Women's Sneaker Market
The American sportswear giant has landed at Paris Fashion Week to debut Unlaced, a new boutique concept that it is calling 'a fantasy sneaker destination for women.'
Walmart Launches New Private-Label Clothing Brands
The world's largest retailer is unveiling four new lines for women, men and children as it attempts to shed its just-basics image and compete with Target and Amazon.
Macy's Posts First Sales Gain in Three Years
The department store chain's quarterly sales gain shows it's making progress.
Can Anyone Save Gap?
The Gap brand has long struggled to reclaim the glory of its 1990s heyday.
The European Companies Surfing the E-Commerce Wave
European companies are turning the e-commerce revolution to their advantage by supplying online giants with everything from forklift trucks and storage space to cardboard boxes and automated warehouses.
Report: Amazon Plans to Open Six More Cashierless Stores
The e-commerce giant is said to be considering locations in Los Angeles and hometown Seattle, where the first Amazon Go store opened last month.
Why Paid Memberships Are the New Loyalty
What if businesses could turn transient loyalty into something deeper and more engaging?
H&M Investors Are Worried Management Is Overlooking the Obvious
With the value of their H&M shares down about 45 percent since the end of 2016, investors are wondering whether the retailer is aware its clothes seem to be going out of fashion.
H&M Forecasts Physical Stores to Return to Growth Next Year
The fast-fashion retailer will focus on online sales, which it expects to rise at least 25 percent this year.
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.