Ebay forecasts first-quarter revenue above estimates By Reuters Ebay on Wednesday forecast first-quarter revenue above Wall Street estimates on hopes that cost-conscious shoppers would be attracted towards its used and refurbished product category in the face of a looming recession.…
Nike expands Rise store concept domestically with second U.S. location Nike Courtesy Located in the Bellevue Square Mall, the 8,800-square-foot Nike Rise store uses technology to offer product information, digital returns, shipping from stores, and other customer service experiences, in addition to…
Aeffe closes 2022 with revenue of €352 million, up 8.4% By Adnkronos Translated by Nicola Mira Italian fashion group AeffeAlberta FerrettiLorenzo SerafiniMoschinoPollini Moschino – Aeffe The ready-to-wear division’s revenue was €231.8 million before inter-divisional adjustments, equivalent to a 5.3% increase…
Brazil’s Vinicius Jr looking to terminate Nike deal By Reuters API Brazil’s Real Madrid forward Vinicius Jr is trying to terminate his sponsorship agreement with Nike Reuters Vinicius Jr, who is currently with the national team at the Qatar World…
US textiles & apparel exports up 4.05% during January 2023 By Fibre2Fashion Exports of textiles and apparel from the United States went up by 4.05% in January 2023. The value of exports stood at $1.895 billion during the period under…
Bangladesh forms minimum wage board for RMG workers By Fibre2Fashion The Bangladesh government recently formed the minimum wage board to review wages of the country’s readymade garment (RMG) workers. A ministry of labour and employment circular announced appointment of the…
Mini teams up with Pharrell’s Icecream for US charity collab What do an ‘iconic’ British car, a fashion brand and polar bears have in common? Conservation mostly, and a unique collaboration that brings together Mini USA, Icecream — the sub-label of…
Inditex increases production in Spain by 13% compared to before the pandemic Translated by Roberta HERRERA Inditex Inditex headquarters in Arteixo – Inditex In 2021, the group’s Spanish factories (located in the Galician towns of Arteixo and Narón) invoiced the…
Amazon revenue beats on stable online demand, cloud strength By Reuters API Amazon Reuters E-commerce companies are set to make more gains over traditional brick-and-mortar retailers by diving deep into categories such as groceries and appliances among others, according to…
Zellers to open inside 25 The Bay locations across Canada Canadian discount brand Zellers is making a return with the opening of 25 Zellers store experiences within Hudson’s Bay Zellers to open inside 25 The Bay locations across Canada. –…
