Caught between inflation and rising costs, fashion seeks to strike new balance Translated by Nicola Mira Fashion labels are caught in a vicious pincer hold. Hit by global supply chain disruption and huge logistics issues in the wake of the…
Inflation worries grow among retailers worldwide Translated by Cassidy STEPHENS Havas Commerce has conducted a survey called “Understanding the changes of retail in a world in crisis” to find out how retailers are coping with the current situation. The study…
Ted Baker results improve and year starts well, but still lots of work to do Ted Baker Ted Baker The figures weren’t perfect, but they do show the brand heading in the right direction. For Q1 FY23 — the 12…
Walmart doubles down on Africa despite a decade of frustration By Reuters API In 2011, U.S. retail giant Walmart Inc made a bet on Africa, buying a majority stake in South African retailer Massmart in what many investors saw as…
Sézane to open in San Francisco in September Here we go again. Ready-to-wear brand Sézane will open in San Francisco in September. The shop will have the same format as in Los Angeles, where the ready-to-wear brand founded by Morgane…
Fashion retailers rebalancing childrenswear’s gender mix Translated by Nicola Mira In 2022, the global childrenswear market is expected to be worth $263 billion, and is forecast to grow 3% annually over the next four years. A bright outlook that is…
Kohl’s ends sale talks with Franchise Group, shares plunge By Reuters U.S. department store chain Kohl’s Reuters Kohl’s shares, already down 28% since January, tumbled nearly 15% in pre-market trading on news of the collapsed talks and the retailer’s shrinking…
Fraser’s sells US-based Bobs and Eastern Mountain Sports Frasers Group said this week that it’s disposed of its US retail Eastern Mountain Sports The funds will go into the company’s general working capital pool and are likely to be a…
Next wins race for Made.com after administrators are named The rumours surrounding Made.com in recent days were confirmed on Wednesday with news, that Next Reuters Next already has a major furniture retail operation and its experience in acquiring and nurturing…
Kohl’s cuts profit forecast, becomes latest retailer to warn of inflation pain By Reuters Kohl’s Reuters Walmart Inc and Target Growing evidence of four-decades high inflation seeping into the economy sparked a sell-off in retail stocks, with Kohl’s shares sinking…
