Walmart’s long-lasting challenge: luring budget shoppers back to its stores By Reuters API Walmart Inc could face an uphill battle to reclaim U.S. shoppers who opted for the neighborhood dollar store or Aldi rather than driving farther to a Walmart…
Michael Jackson’s moonwalk hat up for auction By AFP-Relaxnews Just before performing his famous moonwalk dance for the first time, Michael Jackson tossed his hat to the side of the stage. Four decades later, it’s up for auction in Paris.…
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New Balance breaks ground on Londonderry site By Fibre2Fashion Boston-based global athletic leader New Balance “The granite state is known for its strong economy and skilled workforce, and we look forward to New Balance Londonderry being an integral part of…
Urban Outfitters posts record sales quarter, earnings surge 120% Urban OutfittersFree PeopleAnthropologie Urban Outfitters The Philadelphia-based company said total quarterly net sales increased 9% to a record $1.28 billion. Total Comparable retail sales increased 22.5% at Free People and 13.2% at…
Interview: Laura Ashley prepares for major SS24 fashion comeback Laura AshleyWellNext The relaunched Laura Ashley will mix the best of the past with a more contemporary sensibility Not that the label has been completely quiet fashion-wise, its high-end Batsheva link-up…
Puma: Ryokusai Inoue becomes new general manager Japan Translated by Cassidy STEPHENS The sports company Puma Ryokusai Inoue – Puma Inoue first joined Puma in 2015 as director of retail. He contributed to the success of the Japanese business by…
Coats Group “trading in line with expectations”, sees signs of improvments Threads and zips giant Coats Group is “performing to plan”, the company — which is also now a global footwear component manufacturer — said as still-tough trading conditions continue to…
Peter Nygard and his companies sued by victims of alleged sex-trafficking By Bloomberg Alleged sex-trafficking victims of Canadian fashion mogul Peter Nygard are suing him, his companies and high-level employees, claiming they enabled his crimes for decades and helped him…
China’s Singles Day festival wraps up with e-commerce giants reporting sales growth By Reuters China’s largest e-commerce player Alibaba Reuters Data provider Syntun, meanwhile, estimated cumulative gross merchandising volume (GMV) sales across major e-commerce platforms rose 2.08% to 1.14 trillion…
