U.S. holiday sales growth likely to slow as inflation hits shoppers, report says By Reuters U.S. sales growth is expected to slow this holiday season as consumers facing decades-high inflation cut back on discretionary spending, according to the Mastercard SpendingPulse…
Meta’s new Quest Pro headset, mixing real and virtual worlds, makes debut By Reuters API Meta Platforms unveiled its Quest Pro virtual and mixed reality headset on Tuesday, marking a milestone for Chief Executive Mark Zuckerberg The Quest Pro features…
AYBL turnover more than doubles as it ramps up expansion drive One of Britain’s fastest-growing smaller companies — AYBL Group — has reported record turnover for the latest year with the company’s sales rising 124% to reach £23.1 million. AYBL’s…
Ultra-fast fashion charms young despite damaging environment By AFP So-called “ultra-fast fashion” has won legions of young trend-setting fans who snap up relatively cheap clothes online amid surging inflation, but the booming genre masks darker environmental problems. Boohoo Britain’s Boohoo…
Nike opens first store in the Bronx Nike Nike opens first store in the Bronx. – Nike Located at 340 Baychester Avenue, the new retail destination is part of Nike’s Unite concept stores, which offer sportswear, as well as a…
Eileen Fisher Foundation launches ‘Hey Fashion!’ platform for textile waste crisis The Eileen Fisher Eileen Fisher Foundation launches ‘Hey Fashion!’ platform for textile waste crisis. – Facebook: Eileen Fisher Dubbed ‘Hey Fashion!’ and curated by Pentatonic, the platform exposes textile…
PredictSpring secures Series B funding of $16 million PredictSpring has raised $16 million in Series B funding to accelerate the growth of its omni-channel business and grow its R&D and go-to-market teams. PredictSpring secures Series B funding of $16 million.…
Inditex reports record quarterly profit, develops its business model Translated by Roberta HERRERA Óscar García Maceiras, who was appointed CEO of the InditexPablo Isla Óscar García Maceiras, CEO of Inditex – Inditex “We recorded strong sales growth in the first…
Uniqlo opens downtown Seattle flagship Japanese fashion retailer Uniqlo Outside the new Uniqlo Seattle flagship – Uniqlo Located on the corner of Pine Street and 4th Avenue, the new Uniqlo Seattle store spans 12,000 square feet of the ground floor…
Columbia Sportswear expands India retail presence with its largest store in Bengaluru Columbia Columbia Sportswear expands retail presence with its largest store in Bengaluru – Columbia Sportswear The store is spread across an area of 2500 sq feet and located…
