John Lewis, Fast Retailing make big donations to Ukraine aid groups Companies around the world continue to offer support to humanitarian efforts in Ukraine with John Lewis Photo: Katie Godowski/Pexels Chair Sharon She added that “we all share a common…
ESW to acquire e-commerce platform Scalefast Global direct-to-consumer e-commerce company ESW announced on Monday it has acquired Los Angeles-based e-commerce platform Scalefast, with the deal expected to drive growth in revenue and product innovation across the group’s integrated client base. DR ESW also…
Claire’s names Richard Flint as its new Europe head Value accessories retailer Claire’s Richard Flint – Claire’s He has over two decades of experience in retail and a “proven track record in key leadership roles, along with his strategic approach…
Fendi builds new footwear factory in Italy Translated by Nicola Mira FendiLVMH Fendi’s new footwear factory will extend over more than 7,000 m2 – Fendi The new facility had been heralded last September by Fendi’s CEO Serge Brunschwig who, speaking…
Facebook-owner Meta gives preview of its first store, enterprise tools By Reuters API Facebook owner Meta Platforms Inc on Wednesday gave an early glimpse of its first physical store, which features a floor-to-ceiling screen for showing off games on its…
Russia’s Wildberries selling Zara clothes online despite Inditex halting operations By Reuters Russian e-commerce leader Wildberries is still selling clothes from InditexZara The TASS news agency reported on Tuesday that Zara items were being sold on Wildberries, which the Russian…
Savage X Fenty considers IPO, valuation could be $3bn Rihanna The singer-turned-fashion-entrepreneur and her Savage X Fenty team areworking with banks includingGoldman Sachs andMorgan Stanley, said the people – Savage X Fenty The singer-turned-fashion-entrepreneur and her Savage X Fenty team…
Rocky Brands reports $162m net sales in Q2 By Fibre2Fashion Rocky Brands, a designer, manufacturer and marketer of footwear and apparel, has announced financial results for its second quarter (Q2) ended June 30, 2022. The company’s net sales increased 23.1…
Currency exchange means Esprit profit to plunge, but it stays in the black Esprit Esprit The Hong Kong-listed business said the six months to June 30 is expected to result in an unaudited profit attributable to the shareholders of the…
Walmart taps PayPal’s finance chief John Rainey as CFO Walmart Inc has appointed PayPal Holdings Inc’s finance head, John Rainey, as chief financial officer (CFO), the world’s largest retailer said on Tuesday. Rainey will take over as CFO effective June…
