Beauty tech firm Perfect to go public in U.S. via $1 billion SPAC deal By Reuters Perfect Corp, an Asian startup that provides software to beauty and fashion companies, has agreed to go public in the United States by merging…
Zara owner Inditex set to benefit from higher prices By Reuters API Fashion giant ZaraInditex As a cost of living crisis intensifies across the region, Europe’s retailers are facing a tricky balancing act between passing on rising supply chain costs…
Bershka offers customization of products through Custom Lab Translated by Roberta HERRERA The InditexBershka Through the brand’s app, clients will be able to customize their garments and accessories – Bershka Clients will be able to choose how to accent their…
China Q1 GDP tops forecast, but March weakness raises outlook risks By Reuters China’s economy slowed in March as consumption, real estate and exports were hit hard, taking the shine off faster-than-expected first-quarter growth numbers and worsening an outlook already…
Amazon acquires Belgian robotics company Cloostermans Translated by Cassidy STEPHENS American online retail giant Amazon Shutterstock “With its expertise in engineering, robotics and machinery, we will be able to deploy new solutions more quickly at our sites to improve the…
Strong 2021 sales puts Coats Group on a positive footing Coats is back with a bang. The industrial threads maker delivered an impressive set of full-year figures Thursday as the trials and tribulations of the pandemic look to be well…
Mark Zuckerberg meets Italian luxury industry’s top names in Milan Translated by Nicola Mira Mark Zuckerberg Ansa A picture posted on social media by Mark Zuckerberg, shown with Leonardo Del Vecchio – Ansa Zuckerberg met with Italian Prime Minister Mario Draghi…
K-Swiss names new VP of marketing and director of e-commerce K-Swiss Vice president of marketing, Anna Amador (left) and director of e-commerce, Kristina Barclay (right) – K-Swiss Amador joins the company with marketing experience from brands such as SkechersAdidasNike In…
JD Sports appoints Andy Higginson chairman JD Sports DR The company said Higginson “is a highly experienced and proven retailer and Chair with over 28 years of continuous non-executive director experience on PLC boards, including senior leadership roles over nearly…
Indian banks to start debt recovery proceedings against Future Retail, say sources By Reuters API Indian lenders are set to initiate debt recovery proceedings against Future Retail Future, hit by the pandemic, has been struggling to pay off its debt…
