Italy’s fashion sector forecast to climb back to pre-pandemic levels in 2023 Translated by Nicola Mira Italy, like its European neighbours, will have to wait another year before its apparel market will grow back to its pre-pandemic levels. This is…
Crocs records 67% sales uptick in 2021 U.S. footwear company Crocs Net income registered at $725.7 million for the year, compared to $312.9 million in 2020 – Crocs The Broomfield, Colorado-based company sales in its native Americas market reached $1.6…
080 Barcelona Fashion goes hybrid Translated by Roberta HERRERA The outbreak of the pandemic forced 080 Barcelonafashion week Paloma Wool – 080 Barcelona Fashion “We have used this period of transition to define exactly where we want to go. SmallOnly…
Columbia Sportswear names Jim Beeman VP, U.S. sales for Columbia brand Columbia Jim Beeman – Columbia Sportswear Company In this role, Beeman will report to Tim Sheerin, senior vice president, global wholesale, Columbia brand. U.S. wholesale is a core business…
Astrid & Miyu opens first US store with NYC debut London-based jewellery brand Astrid & Miyu has marked its 10th anniversary with the debut of its first permanent international store in New York. The opening follows a number of pop-ups in…
Amazon’s net loss prompts query: Has it built too many warehouses? By Reuters API In recent years, AmazonIt turns out, Amazon may have built too much, too soon, analysts say. DR The world’s largest online retailer on Thursday reported $2…
Macy’s launches discord channel, NFT series for 4th of July celebration Macy’s is taking its 4th of July Fireworks celebration to the Web3 frontier. Macy’s launches discord channel, NFT series for 4th of July celebration. – Macy’s The iconic retailer…
Nike’s business model going digital at warp speed Translated by Nicola Mira Retailers the world over flinched when, in October 2017, then Nike Apps are a crucial element in Nike’s digital strategy – Nike Four years later, it is hard…
Macy’s to win U.S. holiday season with biggest sales jump among department stores By Reuters Wall Street expects Macy’s In its last quarter, Macy’s added 4.4 million new customers, up 28% from pre-pandemic levels, with around a third of them…
NRF presses for Visa and Mastercard fee cancellations The National Retail Federation (NRF Citing a letter from both Republican and Democratic members of Congress, the NRF reaffirmed the sentiment that higher fees would add to inflation, hindering the purchasing power…
