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.
Here's a Retail Job That's Still in High Demand: Data Scientist
Bricks and mortar retailers are utilising data science and analytics to tackle the threat of e-commerce.
China Accuses Luxury E-retailer of Smuggling
The founder of xiu.com faces charges of smuggling goods worth $65.5 million into the country via travellers
Dollar Stores Stand their Ground in Escalating Retail Price War
Dollar Tree Inc and Dollar General Corp, which together operate more than 28,000 stores across the US, have said they don't need to keep cutting prices to stay competitive.
Stüssy to Launch T-Shirt Retrospective at Dover Street Market
The London exhibit will explore the t-shirt’s role as a means of communication, and will feature a series of tees bearing graphics from the streetwear brand’s archive.
Gap’s Old Navy Chain Keeps Retailer’s Turnaround Hopes Alive
Shares at Gap Inc. up 16 percent as revenue grows at the company's lower-priced chain
Wal-Mart Gives Tepid Outlook as Competition Mounts
Shares slide 2.4 percent as the Arkansas-based retailer faces tough competition against Amazon, Aldi and Lidl
Alibaba's Sales Beat Estimates on Surging Consumer Demand
Revenues rise 56 percent to 50.2 billion yuan at China's biggest e-commerce company takes on bricks and mortar stores
UK Economy Can't Count on Consumer Momentum as Shoppers Flag
In the post-Brexit economy, retail sales drop 1.8 percent as households ramp up efforts to save money at the supermarket.
L Brands Shares Fall After Delivering Weak Forecast
The owner of Victoria's Secret's share price dropped after sales fell 14 percent last quarter as the American lingerie giant fails to entice millennials.
Target Boosts Forecast in Sign It's Weathering Retail Woes
Shares surged in early trading at the Minneapolis-based retail giant, as customer traffic increases the most in over two years.
Urban Outfitters Exceeds Estimates Thanks to Free People, Anthropologie
The group's shares surged 20 percent thanks to Free People and Anthropologie, despite same-store sales and the Urban Outfitters brand both posting a loss.
Op-Ed | What If Stores Charged Admission?
Retailers must charge for what consumers value: their time, argues B. Joseph Pine II.
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).