Chico’s FAS logs double-digit 2022 sales growth on solid Q4 Chico’s FAS announced on Tuesday a double-digit uptick in revenues for the full-year 2022, after a solid fourth-quarter increase of 5.6% to reach $524.1 million, compared to $496.3 million last year. Chico’s…
Global retailers seek new ways to lure in shoppers as spending slows By Reuters Europe’s cost of living crisis has benefited discount retailers but mid-market names are being squeezed as shoppers watch their spending, executives and analysts at an industry…
Lightspeed appoints Kady Srinivasan chief marketing officer Montreal-based commerce tech firm Lightspeed announced on Wednesday the appointment of Kady Srinivasan, former Klaviyo and Dropbox executive, as its chief marketing officer. Lightspeed appoints Kady Srinivasan chief marketing officer. – Lightspeed In…
Superdry denies reports founder wants to take it private There have been persistent rumours that founder and CEO Julian DunkertonSuperdry Superdry In a stock exchange statement, the company said that Dunkerton “notes recent press reports”, but regarding a de-listing from…
Les Belles offers new approach to hosiery as trend strengthens Kendall Jenner did more than get the internet buzzing when she stepped out in LA last week sans pants. Her Bottega Veneta Courtesy Another niche market is hosiery, which until…
Oysho opens its first point of sale in the UK Translated by Roberta HERRERA The brand owned by the InditexWestfield The new two-storey establishment has a surface area of 330 square meters – Oysho The two-storey, 330-square-meter store is elegantly…
Bollman buys majority share of Kangol from Frasers Group Kangol has a new — but familiar — owner. Bollman Hat Company has entered into an agreement to acquire 51% of the UK heritage/streetwear hat brand from Frasers Group for an…
Walmart sees lower 2023 performance in time of economic uncertainty By Reuters Walmart struck a cautious note in its economic outlook for 2023 on Tuesday as the retail bellwether forecast full-year earnings below estimates and warned that tight spending by…
Urban Outfitters Q3 earnings plummet despite sales gains across most segments Urban OutfittersAnthropologieFree People Urban Outfitters The Philadelphia-based company said total net sales for the three months ended October 31 increased 3.9% over the same period last year to a record $1.18…
Amazon slams $265 mln tax order as it seeks to get EU appeal thrown out By Reuters An EU decision ordering Amazon Reuters The European Commission in its 2017 decision said a Luxembourg tax arrangement allowing Amazon to channel profits…
