Temu’s win over Shein in the US is hurting its bottom line By Bloomberg Temu’s transformation over the past year is the stuff of business dreams. Virtually unknown when it launched in the US last September, it’s now well and…
Dr Martens collaborates with NTS for music-inspired ‘Don’t Assume’ shoe Collaborations are hugely important to Dr Martens and the footwear brand is set to launch one with global music platform and radio station NTS on Friday (22 June) “to celebrate…
Macy’s adds to board Macy’s, Inc. has announced the appointment of Naveen Chopra, executive vice president and chief financial officer of Paramount Global, to its board of directors, effective April 1. He will also serve on the audit and finance committees.…
Adidas Originals, Edison Chen announce global partnership By Fibre2Fashion Adidas For his partnership with Adidas Originals, Chen will bring an innovative vision and creative prowess to introduce exclusive collaboration styles, leveraging Adidas’ extensive archive and history in the process. With…
ThredUp sets up a hotline to ‘help young people overcome their addiction to fast fashion’ By AFP-Relaxnews A hotline has just been set up in the United States to support young consumers in their efforts to stop buying disposable fashion,…
Canada August retail sales down 0.1%, boost expectations of rate pause By Reuters Canadian retail sales fell by 0.1% in August from July and look set to stay flat in September, Statistics Canada said on Friday, cementing expectations that the…
Uniqlo owner set for 26% profit surge on China rebound, yen slide By Reuters The Japanese operator of global clothing chain Uniqlo Clare Waight Keller for Uniqlo – DR Fast Retailing Operating profit for the fiscal year through August is…
Macy’s to hire more than 41,000 workers for holiday shopping season By Reuters Macy’s The department store chain said hiring for the seasonal positions will be at its Macy’s, Bloomingdale’s and Bluemercury stores, supply chain locations and call centers. Last…
Brice Pattison of AYR on the new men’s line and expansion plans Founded in 2014 by Maggie Winter and Jac Cameron, the AYR brand, also known as All Year Round, has long been known for its womenswear. A collection of…
US retail sales top forecasts in sign of durable consumer demand By Bloomberg US retail Bloomberg The value of retail purchases, unadjusted for inflation, increased 0.7% after an upwardly revised 0.8% gain in August, Commerce Department data showed Tuesday. Excluding…
