Mexico antitrust body probes Walmex ‘monopolistic’ moves, shares slump By Reuters Mexico’s antitrust watchdog, Cofece, on Monday said it has summoned a supermarket retailer to face allegations of imposing prices and terms on its suppliers or distributors, after Walmart de…
US retailers’ financial losses jump as retail crime escalates: NRF By Reuters Organized crime rings in New York, San Francisco, Los Angeles and Houston are targeting retail inventories, causing more financial loss, according to a report by the National Retail…
Etam is taking over the Palace for its lingerie show EtamParis Fashion Week Etam For the evening, the brand promises to “revive the effervescence of Parisian nights in this iconic venue where anything goes.” Eighties atmosphere guaranteed. Etam will unveil…
Zara-owner Inditex’s quarterly profit rises 54% as sale boom continues By Reuters API ZaraInditex Reuters The world’s biggest fast fashion company reported a net profit of 1.16 billion euros ($1.24 billion) for the quarter that ended in April, beating analysts’…
Skechers secures lawsuit win against Dockers for design infringement SkechersDockers Skechers On October 5, the Dusseldorf Regional Court in Dusseldorf, Germany found that the Dockers shoe infringed on one of Skechers Hands Free Slip-ins’heel pillow designs, and issued a preliminary injunction…
Victoria’s Secret’s first India store is now open with second store planned for this year Victoria’s Secret’s first brick-and-mortar store has officially opened its doors to the public in Phoenix Palladium The new Victoria’s Secret store in Phoenix Palladium Mall, Mumbai…
Uniqlo to open first store in Rome Translated by Nicola Mira UniqloFast Retailing The Uniqlo store will open in the north-western corner of the Galleria Alberto Sordi in via del Corso, Rome Uniqlo’s Rome store will be located in Galleria…
Joules’ talks with Next hit hurdle Struggling retailer JoulesNext Joules In its 19 August trading update, Joules admitted that recent trading has “softened materially” and H1 profits would be hit. The two companies have since failed to agree the terms…
Fashion group Shandong Ruyi’s creditors take full control of Lycra By Reuters U.S. fiber maker LycraShandong Ruyi Ruyi bought control of Lycra from U.S. conglomerate Koch Industries for $2.6 billion in 2019, borrowing about $1 billion for the deal –…
Youthful energy characterises Hyères Festival Translated by Nicola Mira The international fashion, photography and accessories festival in Hyères, France, opened on Thursday with a feeling of unusual excitement. The festival, the world’s oldest emerging designer competitio, appears to have found…
