Pandora Nudges Up Outlook, Speeds Up Launches
The jeweller edged up its near-term revenue and profitability targets as efforts to keep the brand affordable pay off.
Retail
Analysis and advice from the front lines of the retail transformation.
Huishan Zhang To Open First Flagship Store on London's Mount Street
Zhang means business with his first brick-and-mortar store, which will be neighboured by the likes of Céline, Balenciaga and Christopher Kane.
The Trouble with Topshop
Can the one-time fashion favourite stage a comeback as sales fall and the likes of Asos, Boohoo and Zara continue to eat into its business?
Gap CEO Is 'Drawing Line in Sand' With Shift to Old Navy
The idea is to focus on the areas with the most potential for fuelling growth — rather than having unrealistic expectations for the older divisions.
JD Sports Enters South Korean Market with Hot-T Investment
The British sportswear giant amps up plans to take on South Korean market with 15 percent stake in Hot-T, as part of wider global expansion plans.
H&M Says Summer Markdowns Weighed On Third-quarter Sales
Large discounts capped its third-quarter turnover at 5 percent, but the Swedish retail giant noted autumn sales had started well.
Inside the Return of Fiorucci
Once the toast of fashion and now a nostalgic touchpoint for Millennials, the cult brand is relaunching today in London.
Alibaba Has to Change Mindset for Global Expansion
Alibaba switches focus to brick-and-mortar shops in the department store sector as part of global expansion, weeks after Amazon closes deal with Whole Foods Ltd.
Hill & Friends to open First Retail Store in London
The London opening comes during a period of rapid expansion for the brand.
J.C. Penney Misses Out on 3,300% Rally as Dumped Asset Skyrockets
Lojas Renner SA, the Brazilian retailer that J.C. Penney divested in 2005 for $230 million, is now worth $7.9 billion, as shoppers continue to buy in brick-and-mortar stores.
Maison Kitsuné to Relaunch With New York Flagship
The new SoHo boutique comes a little over a year after the brand split from US partner Want Les Essentiels and shuttered its two New York stores.
Nordstrom Shares Jump on Report That Leonard Green May Fund Buyout
Shares in the American retail giant surged as much as 12 percent to $50.30 following reports of a buyout, after its store concept received a chilly reception from investors.
SuperGroup Founders Launch Wealth Sharing Staff Incentive Plan
The company will distribute 20 percent of share gain over $23.9 to its 4,500 employees, in a scheme set to run until 2020.
THE NEWS IN BRIEF
M&S Sales Recovering After Last Year’s Cyber Attack
Sales and profit from clothing and homeware remain below two years ago but ‘brand is in good health.’
Hugo Boss Cuts Outlook Citing Weak Demand, Higher Costs
The German fashion house, recently taken over by Britain’s Frasers Group, is in the midst of a second turnaround effort under CEO Daniel Grieder.
Ye Announces ‘Yeezy Season 01’ Runway Show in Los Angeles
The show will unveil the brand’s first-ever flagship store and mark Ye’s first full-scale runway presentation in four years.
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.
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.