Discount store operator TJX Cos Inc on Wednesday forecast annual profit above Wall Street estimates after posting upbeat quarterly earnings, as price increases help the T.J. Maxx parent counter a hit from rising costs.
Target Corp's quarterly profit halved and it warned on Wednesday of a bigger margin hit this year due to rising fuel and freight costs, in a clear sign there would be no immediate relief from surging inflation.
UK-based Pip & Henry is currently working on an expandable shoe system. The project, which has just received a £250,000 boost, aims to reduce the waste inherent in children's fashion.
British inflation surged last month to its highest annual rate since 1982, piling pressure on finance minister Rishi Sunak to step up his help for households facing a worsening cost-of-living crisis.
Luxury retailer Hervia has been acquired by Parabellum — the private equity operation controlled by Rami Cassis — for an undisclosed sum, marking its first move outside of B2B investments and into luxe fashion.
Gap may have closed its UK stores but the retailer still has a strong presence in Britain via its link-up with Next and it remains active as far as marketing to UK consumers is concerned.
Battered N Brown group saw its share price rising early on Wednesday on the announcement of a new sub-brand being launched by the company and also its full-year results update.
Online resale platform ThredUp launched on Tuesday the results of its 2022 'Resale Report' revealing that secondhand shopping is becoming a global phenomenon led by North America.
Supply chain management via technology is becoming a key element for brands to ensure their growth in an increasingly turbulent market.
U.S. retail sales rose strongly in April as consumers bought more motor vehicles amid an improvement in supply and increased spending at restaurants, providing a powerful boost to the economy.
LA shopping district The Row DTLA has witnessed the opening of the Le Vin shop, the men's counterpart of Korean brand Lvir. Designed by Benji Huang, Le Vin puts a pure and modern spin on men’s basics.
Trading house Itochu has entered into an agreement with Authentic Brands Group for the rights to distribute, market and license Reebok in Japan.
Century 21 announced on Tuesday that it is set to make a New York City comeback with a revitalized shopping experience in spring 2023.
Courier service DHL and Munich-based ethical-sustainable label Mykke Hofmann have joined forces to launch a fashion collection called ‘Forever Pieces’.
The Spanish pop star is the new face of a bodycon underwear campaign for Kim Kardashian's label’s Skims, the first targeted to a Spanish-speaking audience.
