AMAZON TO OPEN PHYSICAL STORES
Amazon is reportedly planning to open a number of physical department stores across California and Ohio The retail giant’s latest foray into physical retail will...
Tag : RetailNews
Fast Retailing cuts its annual profit forecast
Uniqlo owner Fast Retailing has lowered its annual profit forecast as a result of additional Covid-19 related government restrictions in Japan and overseas denting footfall....
This brand plans to add more than 100 fashion brands in next 12 months
John Lewis is set to expand its online fashion offering with the addition of 100 new brands over the next 12 months and also allow...
UK’s Economic Growth On Fast Track
Fashion retailers seeing a boost of 69.4%. Shop reopenings drive fastest rate of UK economic growth in almost a year. Non-essential retailers drove much of...
AMERICAN EAGLE OUTFITTERS IMPROVES ITS TURNAROUND TIME
American Eagle Outfitters has improved turn times, with the help of its supply chain transformation that has taken place over the last year. Under its...
Myntra launch ‘Myntra for Earth Store’
Flipkart’s online fashion arm Myntra has partnered with around 70 sustainable brands to launch over 5,500 fashion products on its new ‘Myntra for Earth Store’...
Gap and Walmart announced a strategic partnership to introduce Gap Home
Gap and Walmart announced a strategic partnership to introduce Gap Home, a new brand of home essentials available exclusively at Walmart. With this launch, two...
GAP REPORTED ITS Q1 2021 Results
A portfolio of purpose-led, lifestyle brands including Old Navy, Gap, Banana Republic, and Athleta, and the largest specialty apparel company in the U.S., reported first...
Richemont: Profits surge Amidst Tough Scenario
The trading environment may have been volatile but luxury giant Richemont still managed to see net profit rising almost 40% in the financial year to...
Mothercare forecasts profit despite 40% sales drop
Mothercare has predicted that it will see a profit this year despite a 40% drop in sales. The maternity care retailer reported a “small” EBITDA...