JD.com sales during China shopping festival beat expectations By Reuters Sales on JD Reuters The Chinese e-commerce giant saw sales rise 6-8% over the 618 festival period that ran from late May through to Sunday evening, according to a client…
Nike’s 2024 pressured by weak North American demand, inventory glut By Reuters NikeFoot Locker Nike At least seven analysts trimmed their fiscal 2024 expectations for Nike’s earnings per share since the beginning of June and 10 slashed their price targets…
Canadian retail sales starting to stall as higher rates bite By Bloomberg Canadian consumers may be ready to wind down their spending, with retail sales data showing waning momentum at the end of the second quarter. Bloomberg Receipts for retailers…
ASOS reveals new £75 million financing success, Bestseller owner participates ASOS has announced it has raised £75 million in cash from shareholders as the struggling online retail giant seeks to strengthen its finances. ASOS And the company said that its…
Amazon excludes rival Temu from competitive price checks By Reuters Amazon Reuters According to Amazon, Temu, an e-commerce marketplace that launched in September, does not meet its strict qualification requirements for Amazon’s fair pricing policy. That means some low-priced general…
Patta & Best Company Are Celebrating Personal Style 6 days ago in StyleWords By Tayler Willson Patta Patta’s collaborative strategy is always one of caution. Not caution in the sense they’re afraid of failure, more that they want to ensure…
Pacsun names Brie Olson CEO Pacsun announced on Thursday the appointment of Brie Olson, as chief executive officer, as Mike Relich retires as co-CEO. Pacsun names Brie Olson CEO. – Pacsun In March, Olson, then Pacsun president and board member since…
Ellen von Unwerth exhibition debuts at SCAD Fash A new exhibit dedicated to fashion’s most sought- after photographers Ellen von Unwerth Ellen von Unwerth exhibition debuts at SCAD Fash – The Savannah College of Art and Design Dubbed ‘This Side…
Jimmy Lion aims to reach 9 million euros in 2023 by focusing on internationalisation, diversification Translated by Roberta HERRERA The sock company Jimmy Lion closed 2022 with sales amounting to 6.4 million euros. In 2023, the company has set its…
Guess international business continues to perform strongly U.S. fashion brand Guess Guess The Los Angeles-based company said Europe revenues increased 9% in U.S. dollars during the quarter, with retail comp sales, including e-commerce, lifting 11% in the region. In Asia, revenues increased…
