Target reported a 17.2% rise in comparable sales for the holiday season on Wednesday as its online sales more than doubled, thanks to faster deliveries and higher demand for home goods, electronics and beauty products.
Unilever expects global consumption patterns to be suppressed in the first half of this year, even as business returns to normal in East Asia and markets in Africa and Latin America show resiliency, its CEO announced.
Following two quarters of declining sales due to the Covid-19 pandemic, the Vancouver-based womenswear retailer saw its revenues rise 4.1% in Q3, thanks to a strong performance from its e-commerce business.
Department-store chain Nordstrom said on Wednesday net sales for the nine-week holiday period ended Jan. 2 dipped 22%, as the retailer saw less traffic due to the ongoing Covid-19 pandemic in the United States.
Brunello Cucinelli, who opened the famed Florentine trade fair Pitti on Tuesday, is fashion's resident philanthropic designer entrepreneur. One of fashion's busiest men discusses his idea for a new social contract.
When Gabrielle "Coco" Chanel died in her suite at the Ritz in Paris 50 years ago, the world mourned the greatest fashion designer of the century - without mentioning her wartime work as a spy for the SS.
The crisis caused by the Covid-19 pandemic has reshuffled the cards in the sourcing industry, prompting the Pakistani denim manufacturer to expand via an acquisition in California, to be closer to its US clients.