2022’s holiday delivery challenge: softening e-commerce demand By Reuters FedEx, United Parcel Service and other delivery firms that struggled with too much pandemic-fueled demand from online retailers like Amazon and Walmart, now have the opposite problem – too much delivery…
Kohl’s braces for bidders revising down offers By Reuters Bidders competing to acquire Kohl’s Reuters The bidders, which include private equity firm Sycamore Partners, brand holding firm Franchise Group, and J.C. Penney investors Simon Property Group Starboard Value-backed Acacia Research…
Rituals to open first UK ‘premium store’ at Battersea Power Station as Nike also signs up The grand opening of Battersea Power Station as a giant shopping mall this Friday will see the debut there of Rituals Battersea Power Station…
Puma dives deeper into sustainability with Re:Collection Sports giant Puma Puma It’s all part of the German firm’s Forever Better sustainability strategy. This has seen it setting ambitious targets for using materials from more sustainable sources and increasing the amount…
Marine Serre stages Olympics-style show in Paris Translated by Nicola Mira For her eponymous label’s sixth anniversary, Marine Serre Marine Serre, Spring/Summer 2023 – © PixelFormula Once inside the stadium, guests were welcomed by ‘volunteers’ sporting the label’s ‘State of…
Kohl’s cuts profit forecast, becomes latest retailer to warn of inflation pain By Reuters Kohl’s Reuters Walmart Inc and Target Growing evidence of four-decades high inflation seeping into the economy sparked a sell-off in retail stocks, with Kohl’s shares sinking…
Rita Ora unveils sustainable activewear brand Humans Being Rita Ora Humans Being So it’s clearly pitched at the still-growing athleisure market. The brand was founded by Ora who is also Chief Creative Officer, with a release accompanying the launch saying:…
Diesel joins denim circularity project in Tunisia Translated by Nicola Mira Worn by people all over the world, jeans are one of the most international of garments. The global denim market, according to a study by Allied Market Research, was…
Ibrahim Kamara presents his first campaign for Off-White Translated by Roberta HERRERA Ibrahim Kamara has unveiled his very first ad campaign for Off-WhiteLVMH Ib Kamara highlights the brand’s identity – Off-White Rafael Pavarotti The campaign, photographed by Rafael Pavarotti, presents…
Uniqlo Japan saw sales boom in May Fast RetailingUniqlo Uniqlo Following April’s return to sales growth, the giant retail chain said May’s same-store sales including online increased by 17.5% year on year. And total sales rose by an even bigger…
