China’s Shein reportedly set to raise $2 bln, eyes US IPO later this year By Reuters Chinese online fashion retailer Shein UAE’s sovereign wealth fund Mubadala is a major investor in this round as are existing investors, private equity firm…
VF Corp promotes key execs to boost EMEA, APAC leadership team Apparel, footwear and accessories giant VF Corporation VF’s Martino Scabbia Guerrini – VF CORP Martino Scabbia Guerrini now has an expanded role as Executive VP, President EMEA, APAC &…
Nike reduces its number of retailers Translated by Cassidy STEPHENS Foot Locker recently inaugurated its new flagship on the Champs-Elysées in ParisProjectFreshKidSmileyAdidasNew BalancePumaConverseNike Foot Locker’s new flagship in Paris – FNW Although Nike still occupies the majority of the shelves…
Decathlon changes name to Nolhtaced in Belgium to promote pre-owned products Translated by Nicola Mira Belgium is a fertile ground for experimentation for Decathlon A Decathlon store in Belgium with the temporary new name – Decathlon Belgique For a month,…
Cos opens first new concept store in Europe H&M Cos It’s “part of the brand’s ambition to create fully circular store environments”. The store is also big on visual impact with the 566 sq m, two-storey space opening with a…
Sports Direct owner mulls buying France’s Go Sport One of the UK’s most acquisitive companies as far as distressed brands are concerned — Frasers Group — is mulling the purchase of France-based Go Sport FNW That’s according to an interview…
Walmart hiring fewer staff for holiday season For the holiday season, Walmart is set to welcome approximately 40,000 additional associates in a variety of seasonal and full-time roles across its business. Walmart hiring fewer staff for holiday season. – Walmart…
Adolfo Domínguez teams up with Chalhoub to open 16 stores in the Middle East over the next four years By Europa Press Translated by Roberta HERRERA Adolfo Domínguez has entered into a partnership with Chalhoub One of Adolfo Domínguez’s stores…
What to take away from Bjørn Gulden’s first earnings call as Adidas CEO Translated by Nicola Mira After almost a decade commenting on PumaAdidas Bjørn Gulden, the CEO of Adidas – Adidas “I guess it’s strange listening to me on…
Strong Canada retail sales forecast adds fodder to rate hike argument By Reuters Canadian retail sales edged down 0.1% in November from the previous month before bouncing back in December, data published on Friday showed, adding to other recent data…
