Gap to Reopen 800 Stores, Others to Follow
The Gap, Inc. (USA) plans to have 800 of its stores open by the end of the month, including those
May 7, 2020
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Australia Retail Reopens
Australia’s retailers have started reopening stores this week, after a 5-week lockdown. The reopening is well timed, with Mother’s Day
May 7, 2020
Panda Biotech to Jumpstart US Hemp Fiber Industry
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May 5, 2020
L Brands, Sycamore Cancel VS Deal
A deal made in February that would have had L Brands (USA) and Sycamore Partners (USA) share control of Victoria’s
May 5, 2020
Crystal Group Donates Over 180,000 Masks
Crystal International Group Limited (Hong Kong) has distributed more than 180,000 masks to support employees’ families and the communities where
May 5, 2020
Express to Open 300 Stores by May 25
Express Inc (USA) expects to reopen approximately 300 of its stores before Memorial Day (May 25). Beginning with a few
May 5, 2020
More UK Brands To Pay Suppliers Under Pressure from NGO
Three of the UK’s biggest high street retailers have committed to honour more of their contracts with Asian suppliers under
May 4, 2020
Unifi Sells Stake in Parkdale
Unifi, Inc. (USA) has announced that its completed the sale of its 34% interest in Parkdale America, LLC. The stake
May 4, 2020
J. Crew Makes Deal with Lenders
J. Crew Inc. (USA) announced today that it has reached a restructuring agreement with lenders. The company has filed for
May 4, 2020
Bangladesh Factories Reopen with Safety Measures in Place
Bangladesh began reopening factories last week after a month long shut down. Most have mapped out safety protocol ranging from
May 3, 2020
Cotton Prices Stay in 54-59 cts Range
By O. A. Cleveland The China bug played out in the market at week’s end, but not before the new
May 2, 2020
Iconix Sells Umbro China
Iconix Brands Group Inc. (USA) has agreed to sell all of its equity interests in Umbro China to HK Qiaodan
May 2, 2020
Hilco Capital Buys Oasis and Warehouse
Hilco Capital (UK) has purchased Oasis, Warehouse and smaller brand The Idle Man for an undisclosed amount. Hilco, which used
May 2, 2020
Michael Kors To Host Super Brand Day
Michael Kors announced that it is hosting its first ever Super Brand Day on Tmall, an event that brings together
May 2, 2020
Michael Kors Chooses Tmall for New Bag Launch
Michael Kors (USA) launched its “MK My Way” bag customization service on Chinese e-commerce site Tmall. The pop-up allows Chinese
May 2, 2020
ARKET to launch in China
Nordic lifestyle brand ARKET, owned by H&M Group, will open a digital flagship store on Alibaba Group’s B2C e-commerce platform
May 1, 2020
J.Crew Heads to Bankruptcy
J. Crew heads to bankruptcy with filings expected to be as early as next week, according to the Wall Street
May 1, 2020
Retail Tax Hikes: Hungary Leads, Others To Follow
Hungary has introduced a tax on retail turnover as part of its economic plan to bailout the nation’s economy in
May 1, 2020
Molly Langenstein Named Chicos CEO
Chico’s FAS (USA) has promoted Molly Langenstein to CEO and President of Chico’s FAS, effective June 24, 2020. Since August
April 30, 2020
Vietnam: Q1 Retail Sees Single-digit Growth
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April 29, 2020