How Adidas plans on regaining a foothold in China Translated by Roberta HERRERA AdidasNike Kasper Rorsted, CEO of Adidas – Adidas Its growth is limited to only 3% of the Greater China zone (mainland China, Macao, Hong Kong, etc.), at…
Texworld Evolution Paris attracts 3,700 buyers in first July edition Translated by Nicola Mira The Texworld Evolution trade show was held in Paris at the Le Bourget Texworld Evolution Paris Nevertheless, international visitor numbers were on the rise this session:…
TikTok introduces Avatar feature TikTok introduced last month a new Avatar feature as part of the latest addition to the platform and as a means for showcasing the community’s individuality. TikTok introduces Avatars. – TikTok The new feature allows users…
Uniqlo to launch in Poland with Warsaw pop-up Fast RetailingUniqlo Uniqlo It’s the same strategy that the firm is taking with the debut of its GU It has already been selling Lifewear in Poland for six years, but only online.…
Inditex to restart operations in Russia “as soon as possible” By EFE Translated by Nicola Mira On Wednesday, Óscar García Maceiras, CEO of Inditex Archive image – Fashion Network Maceiras was visiting the University of A Coruña, Spain, where he…
Amancio Ortega to receive €859 million in dividends from Inditex, more to come this year By Europa Press Translated by Roberta HERRERA Amancio Ortega, founder and majority shareholder of Inditex Amancio Ortega – EFE This year, the businessman will receive…
Macy’s warns of discounts hitting annual profit as inflation saps demand By Reuters Macy’s The company joined other top retailers, including rival Kohl’s Macy’s inventories were up 7% at the end of the second quarter, prompting the department store chain…
Amazon’s consumer chief to jump to logistics startup Flexport as CEO By Reuters API Dave Clark, the Amazon Amazon announced last week that Clark planned to leave his role as CEO of its worldwide consumer business on July 1 –…
Next warns on price hikes, rolls out new logo On what should have been a day of celebration — another strong set of trading figures for last year and the official launch of a new logo to mark the retailer’s…
Next links with finance firms to buy Jojo Maman Bébé, no immediate job losses Next Jojo Maman Bébé It won’t be the majority owner though with the firm taking a minority — albeit a large minority — stake, adding up…
