PVH Begins Global Store Reopenings
PVH Corp. (USA) , owner of Tommy Hilfiger, Calvin Klein and other brands, will begin reopening its global stores. As
May 19, 2020
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Marquee Takes Back BCBGMAXAZRIA Operations
Marquee Brands LLC (USA), a global brand owner, marketing and media company, announced that it will take back the BCBGMAXAZRIA
May 19, 2020
Hyosung Converts creora Elastane Production to Support Mask Supply Chain
Due to the overwhelming face mask demand from healthcare professionals and individual consumers, Hyosung has repurposed its facilities to increase
May 19, 2020
Pantone Refreshes Its Fashion, Home and Interiors Books
Where Color Meets Simplicity Enjoy 10% discount with NEWCOTTON10 Each of our new Pantone Fashion, Home + Interiors cotton and
May 18, 2020
Court Allows JCPenney to Continue Paying Staff and Vendors
U.S. Bankruptcy Judge David Jones approved the JCPenney’s requests to continue paying workers and vendors delivering merchandise to stores during
May 18, 2020
VF Full Year Revenue Up 2% to $10.5B
VF Corporation (USA) reported fourth quarter and full year financial results. For the first 10 months of the year ended
May 18, 2020
Retail Reopens with Positive Consumer Reaction
Retail reopened this month in Europe, the U.S. and Australia. The reopening of shops has been done slowly, country by
May 17, 2020
JCPenney Reduces Debt, Strengthens Position
JCPenney (USA) has struck a deal with creditors that will reduce the retailer’s debt load and leave it in a
May 16, 2020
Kuehne + Nagel Rolls Out AI-enabled Logistics in Singapore
Kuehne + Nagel (Germany) has launched its AI-enabled digital road logistics platform sg.eTrucknow.com in Singapore. The service was piloted in
May 14, 2020
Maersk Delivers Strong Q1 Earnings
Maersk had a financially strong start to the year with Q1 showing increased earning. Operating earnings increased by 23% year-on-year.
May 14, 2020
China Air Cargo Capacity Up 22%
Air cargo capacity from China is recovering and was up 22% last week, according to Seabury Consulting. Airline freighter capacity
May 13, 2020
DSV launches e-Commerce Solutions
DSV is launching e-Commerce Solutions, a comprehensive set of e-commerce services for shippers that serve end customers directly. The new
May 12, 2020
MySizeID App for In-Store Contactless Payment
My Size, Inc. (Israel), a developer of smartphone measurement solutions, announced that it has developed a contactless shopping feature for
May 12, 2020
U.S. Company World’s Largest Face Mask Mfg
BELLA+CANVAS (USA) a manufacturer of premium wholesale apparel announced it is producing up to 100 million face covers a week.
May 12, 2020
Stage Stores Seeks Buyer; Files Ch. 11 Protection
Stage Stores Inc (USA), which operates 700 department stores and discount stores under the Peebles, Goody’s, and Goodman’s names, has
May 12, 2020
Australia: Traffic Surges as Retail Reopens
Australia’s malls saw a surge in foot traffic this weekend as consumers enthusiastically returned after weeks of retail being lockdown.
May 10, 2020
China Sees Uptick in Domestic Tourism
China saw a rise in domestic tourism during the Labor Day (May 1) holiday. It’s been interpreted as a sign
May 10, 2020
Turkey Lowers 2020 Inflation Forecast to 7.4%
Turkey’s Central Bank lowered its inflation forecast for end-2020 to 7.4% from an earlier prediction of 8.2%. Inflation is expected
May 8, 2020
Gap Secures $1.87b Credit Facility
Gap Inc (USA) has announced that it has secured an asset-based revolving credit facility with an initial aggregate principal amount
May 7, 2020
Neiman Marcus Files For Bankruptcy Protection
Neiman Marcus (USA) has filed for bankruptcy protection. The move will remove $4 billion of its almost $5 billion in
May 7, 2020