Target warns of dull 2023 profit as heavy discounts sap margins By Reuters Target Reuters The retailer’s discounting strategy powered its sales and profit in the holiday quarter to exceed market expectations for the first time in a year, lifting…
Under Armour adds to board Under Armour Under Armour Everson is currently a senior advisor for Permira Before joining Meta, Carolyn held Advertising leadership positions at Microsoft & Viacom. In addition, she is a board member of The Walt Disney…
Fast Retailing’s Uniqlo to add stores in North America By Reuters Fast RetailingUniqlo Reuters Uniqlo is opening six stores — four in the U.S. and two in Canada — this summer as part of its expansion plan to reach more…
Walmart sees lower 2023 performance in time of economic uncertainty By Reuters Walmart struck a cautious note in its economic outlook for 2023 on Tuesday as the retail bellwether forecast full-year earnings below estimates and warned that tight spending by…
Tranoï show reveals labels exhibiting at next womenswear session Translated by Nicola Mira The womenswear edition of Parisian trade show Tranoï, dedicated to directional, original emerging designers, will be staged again at Palais Brongniart with 170 exhibiting labels. A key fashion…
Shein to invest up to $70 million over the next five years to reinforce supply chain By Europa Press Translated by Roberta HERRERA Shein Shein to invest up to $70 million over the next five years to reinforce supply chain…
M&S is doubling down on brands strategy, sees £1bn potential M&S M&S The company is currently co-leader of a select group of big names — of which Next The Telegraph reported that the latest step in M&S’s rivalry with Next…
Adidas launches new Club Originals campaign Global sportswear giant Adidas, a campaign celebrating creativity across music, art, style and movement. Adidas Originals It comes with a new film spotlighting the latest “trailblazing talent across Europe from Ashnikko to Jyoty” launching across…
Inditex sales and profits continue to rise, despite weakening backdrop Inditex Inditex Sales in-store and online rose 19% to €23.1 billion (or 20% constant currency) at the world’s biggest fashion retailer, which was a little more than analysts had expected.…
Nike to open at Dundrum Town Centre Dundrum Town Centre, Ireland’s premier retail and leisure destination, has secured a major attraction. Operator and co-owner HammersonNike The new 5,666 sq ft store will become the first ‘Nike Live’ concept in Ireland. Designed…
