Target warns of margin hit as rising costs dent profit, shares slump 26% By Reuters Target Photo: Reuters Shares tumbled 26% following the bleak results that came a day after larger rival Walmart Inc cut its annual profit view and…
Veja keen to continue to ‘tread its own path’ Translated by Nicola Mira In recent months, French sustainable sneaker brand VejaMarniSeaMansur Gavriel “It’s true that we have recently presented a spate of collaborations, this is mainly due to a bottleneck…
Showroomprivé ex-CEO Thierry Petit sells his stake Translated by Nicola Mira After stepping down from his role asThierry Petit David Dayan (left) and Thierry Petit – Showroomprivé Petit owned 20.9 million shares, and sold them for €1 each, equivalent to…
Walmart launches two new Roblox experiences Walmart announced on Monday the launch of two new immersive experiences in the metaverse platform, Roblox. Walmart launches two new Roblox experiences. – Walmart Dubbed ‘Walmart Land’ and ‘Walmart’s Universe of Play “We’re showing…
Frasers Group buys Missguided, will operate it as a standalone In a surprise move, Frasers Group announced on Wednesday that it has acquired Missguided Missguided Or, more accurately, it has “acquired certain intellectual property of the online women’s fashion retailer,…
Lids opens first stores in Germany U.S. retailer Lids announced it has opened its first stores in Germany last month, as the licensed sports chain expands further into Europe following its UK debut in 2021. Lids Opening in the nation’s…
H&M announces raft of global store closures H&M DR However, it will also open 95 new stores, so the net loss of shops overall will be 145. The openings will happen in “growth markets” and with its results, it had…
Amazon France unions reject wage increase proposal on last day of talks By Reuters API Most unions at the French unit of U.S. e-commerce giant Amazon A grouping of the firm’s main unions had proposed a 5 percent increase to…
Latest Adidas Spezial x Liam Gallagher sneaker to launch this month AdidasOasisLiam Gallagher Adidas First announced in late April, the official launch date has only just been revealed. Gallagher has long been known as an Adidas fan and has a…
Torrid announces new CEO, changes to leadership team Plus-size retail chain Torrid announced on Tuesday changes to its senior leadership team and board of directors, including the appointment of Liz Muñoz to a new role as chief creative officer. Torrid…
