Reiss Christmas sales outperform, both stores and online are buoyant Reiss Reiss Store sales were up 18.5%, offering further evidence of the wider strong recovery in physical stores. But importantly as well, online sales were up 22.3.%. In a year…
Trouva owner Made.com fails as consumer squeeze bites By Reuters API British online furniture retailer Made.com said it would appoint administrators after it ran out of cash, becoming one of the first retailers to fail as a result of the…
Amazon loses bid to toss consumer antitrust lawsuit Amazon Reuters The ruling by U.S. District Judge Richard Jones in Seattle on Friday came in a prospective antitrust class action that has estimated damages of between $55 billion to $172 billion. The…
Mango expands presence in Florida with new store in Aventura Mall Translated by Roberta HERRERA The Spanish company is stepping up its expansion plans in the American market. On Friday, November 25, Mango Mango With a 400-square-meter surface area and…
Own. Denim launches in Canada at The Bay London-based size-inclusive denim brand Own. Denim made its debut in Canada on Wednesday via a new partnership with The Bay. Own. Denim launches in Canada at The Bay. – Own. Denim Canadians…
Amazon rallies after research firm predicts upbeat retail sales By Reuters API Amazon Reuters Amazon’s shares climbed 3.6% to $107.44, their highest since Feb. 3, giving the Seattle company a stock market value of $1.1 trillion. Data compiled by YipitData…
U.S. retail sales roar back; manufacturing shows improvement By Reuters U.S. retail sales increased by the most in nearly two years in January after two straight monthly declines as Americans boosted purchases of motor vehicles and other goods, pointing to…
Brand Machine Group creates new Chief Technology and Operating Officer role Brand Machine Group (BMG) has named Daljit Bhasin as Chief Technology and Operating Officer. The new position comes as part of the retail group’s push towards global expansion. Brand…
Naf Naf’s CEO Luc Mory leaves Translated by Nicola Mira The outlook is bleak for mid-range French fashion retailers. FashionNetwork.comNaf Naf Luc Mory is leaving Naf Naf – DR According to an internal memo sent to Naf Naf’s employees that…
ASOS swings to loss but growth plan sends share price upwards ASOS on Wednesday unveiled what it called a “good performance” for the year to the end of August, despite the weakening consumer environment. But it was a far-from-stellar performance and…
