Shein Invests €500 Million in Europe as Customs Rules Tighten
The online retailer said it will expand its logistics hub in Poland as it grapples with stricter customs regulations in Europe.
Retail
Analysis and advice from the front lines of the retail transformation.
Giovanna Battaglia Engelbert Stages Bergdorf Goodman Takeover
The stylist and Instagram darling has partnered with the luxury department store on a pop-up shop, t-shirt collection and window display in honour of her new tome, Gio_Graphy.
CFDA Shop Lands on the West Coast at Fred Segal
A CFDA pop-up store will take centre-stage at Fred Segal's soon-to-open West Hollywood outpost, and will feature brands including Derek Lam, Mansur Gavriel and Tim Coppens.
Galeries Lafayette Acquires Majority Stake in La Redoute
Through its holding company Motier, the French luxury department store is acquiring a 51 percent stake in La Redoute, with the goal of acquiring the entire business in the future.
Westfield Launches Uber Lounge to Drive Up Consumer Spend
The partnership is intended to make transportation much more convenient, thereby increasing the length of time spent on site and in turn, consumer spend.
The North Face Teams With Sacai to Target High Fashion
The North Face already has a cult following within the streetwear community, but its Sacai partnership reflects a more high fashion focus as the outerwear brand continues to target the urban opportunity.
Forty Five Ten Co-Founder Brian Bolke Exits
The president of the Dallas-based luxury boutique, which was acquired by Texas billionaire Tim Headington three years ago, has departed to pursue consulting projects.
Thai Online Retail Booms as E-Commerce Giants Compete for South East Asia
Online sales are up more than 100 percent, as estimates suggest internet retailing could be worth $65 billion by 2020.
Hudson's Bay Jumps on Report It's Reviewing Strategic Options
The company, which has already hired an investment bank in response to pressure from activist shareholder Land & Buildings, plans to hire an additional financial adviser to conduct the review, according to a new report.
How Hollister Came Back From The Dead
The teen apparel brand with the California vibe has charged back into the mix, trying to turn things around for its struggling parent, Abercrombie & Fitch Co.
Australian Topshop Stays Afloat With British Parent Restructure
Arcadia Group, led by Philip Green, will buy parts of Topshop from its Australian franchisee and keep four stores running in the major cities of Sydney, Melbourne and Brisbane.
Have We Reached Peak 'Merch'?
From Vetements’ 'DHL' tee to Zoe Church’s Bieber-approved hoodies, heavily logo-ed promotional apparel has never been more fashionable. But is branded merchandise simply a passing trend, or indicative of a sincere shift in consumer values?
Sales Increases at Guess and Calvin Klein Offer Hope to Apparel Industry
Shares are up 21 percent to $15.05 at Guess, while Tommy Hilfiger and Calvin Klein declare strong international growth, attributed to surging trends in denim and intimates among teens.
THE NEWS IN BRIEF
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.
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).