Vuori expands internationally into seven new markets U.S. activewear brand Vuori on Wednesday said it has launched into seven new markets, marking the company’s international debut after it made its intentions for global expansion late last year. Vuori The southern…
Urban Outfitters announces record Q4 sales of $1.33 billion American fashion retailer Urban Outfitters Urban Outfittersannounces record Q4 sales of $1.33 billion – Facebook: Urban Outfitters The Philadelphia-based retailer, which sees the results from its last pre-Covid-19 fourth quarter as a…
Spring not only brings about the return of picking up peonies at the grocery store and waking up to birds chirping in the morning, but also the sweet sound of a crowd roaring when their star-player hits a ball out…
Boohoo begins production at first manufacturing site By Reuters API British online fashion retailer Boohoo Reuters Boohoo said on Tuesday the 23,000 square feet factory in Leicester, central England, is “proof of its commitment to the city of Leicester and…
U.S. holiday sales endure supply chain, Omicron snags to hit $887 bln: NRF By Reuters U.S. holiday sales in 2021 came in at a better-than-expected $886.7 billion, boosted by customers returning to stores and splurging more online, even as a…
Marc O’Polo: Remolding a Scandinavian icon One brand enjoying a successful revamp in product and image, while steadily steering towards project sustainability, is Marc O’Polo, which showed up for the first time in 11 years at CIFF this year, and…
Kohl’s adopts ‘poison pill’, says buyout offers undervalue it By Reuters Kohl’s Reuters Last month, activist investor Starboard Value-backed Acacia Research Corp offered to buy the department-store chain for $64 a share, valuing it at roughly $9 billion. Around the same…
Kontoor Brands Q1 sales hurt by still-recovering China market, Lee brand sales Kontoor Brands announced on Thursday revenues for the first quarter dipped 2% to $667 million, on the back of a drop in international revenues, weighed down by a still-recovering…
Uniqlo January sales prove weak on inventory issues Fast RetailingUniqlo Uniqlo The company said that same-store sales including online decreased by 7.1% year on year last month, while total sales fell by by a smaller-but-still-bad 6.3%. The retailer is frequently…
Nike files lawsuit against StockX for selling sneaker NFTs By AFP Translated by Nicola Mira Last Thursday, Nike Nike asked the court for damages and interest, and to compel StockX to stop selling the NFTs in question – GETTY IMAGES…
