H&M: 50 STORES IN 5 YEARS
Opens new store in Bhubaneswar 50 stores in 5 years.. Yes H&M is mushrooming fast in India as it recently opened in Bhubaneswar. The brand...
Tag : #brands
BLACK FRIDAY IN COVID ERA – BOOM or BANE?
Bluecore’s 2020 Black Friday Report reveals that an average of 59% of retailers’ Black Friday sales were from first-time buyers. Consumers spent an estimated $9...
Survey By NRF Reveals Good Sales Can Be Expected
NRF (NATIONAL RETAIL FEDERATION) SAID that people spent an average of just under $312 on holiday related purchases from Thanksgiving to Cyber Monday, down 14%...
Editor’s End of year letter – Perfect Sourcing
NEW YEAR NEW HOPES… WILL 2021 WASH AWAY THE SCARS????? The year finally comes to an end, a year that was one of the worst...
BRITISH FASHION CHAIN JAEGER ANNOUNCES JOB CUTS
After British fashion chains Peacocks and Jaeger fell into administration, putting 4,716 jobs at risk and joining a growing list of retailers by the COVID-19...
Authentic Brands likely to takeover Debenhams & Arcadia Group
US retail firm Authentic Brands is reported to be in discussions with administrators at both Arcadia Group and Debenhams. Arcadia Group fell into administration on...
ARCADIA’S FLAGSHIP BRANDS TOPSHOP & TOPMAN VALUE DROPS BEFORE BUYOUT
Topshop, Miss Selfridge and Dorothy Perkins are reportedly now worth about half their £800 million value, following the parent company Arcadia’s administration. Arcadia’s retailers were...
Pantone Picks Two Colors of the Year for 2021
Pantone best known for its system of standardised colours used across industries, got philosophical with its two picks for the coming year, “Ultimate Gray” and...
THE MOST FASHION CENTRIC BRAND LAYS OF 60 EMPLOYEES IN INDIA…
Find out here…. Fast fashion retailer H&M has restructured its business and laid off around 60 employees in its India sourcing entity. The good news...
HOHENSTEIN ISSUES GUIDELINES FOR TESTING COMMUNITY MASKS
Testing and research partner Hohenstein will now test community masks according to the first European guideline for, the CEN Workshop Agreement. Hohenstein had already taken...