Retail News

H&M Group’s (Sweden) net sales for Q2, ended May 31, 2020, decreased by 50 percent to Euro 27,12 million compared with the corresponding period last...

 WeCommerce (Canada), an e-commerce technology holding company, has acquired Foursixty Inc., a leading partner in the Shopify and Instagram ecosystems.Foursixty has been a pioneer in...

Patagonia (USA), the outdoor brand known for its deep commitment to sustainability, has announced that CEO Rose Marcario will be stepping down.Chief operating officer Doug...

Amazon (USA) is facing anti-trust allegations in the EU for its treatment of third-party sellers. Specifically, there are claims that Amazon uses data gathered from...

Forever 21 is finding new opportunities in emerging markets.The retailer's trendy styles and budget prices could be the right product for customers in emerging markets.After...

HanesBrands (USA) announced the appointment of Stephen B. Bratspies as chief executive officer and board member, effective Aug. 3, 2020. Mr. Bratspies will succeed Gerald...

Informa has pushed the dates of its Las Vegas MAGIC trade fair forward to September 30.The fair was originally planned for August.Uncertainty surrounding COVID-19's impact...

Macy’s, Inc. (USA)  announced the closing on approximately $4.5 billion of new financing, including its previously announced $1.3 billion of 8.375% senior secured notes, as...

Klarna (Sweden), a  global payments provider and shopping service, has reached a record 7.85 million US customers, driven by apparel, beauty and footwear brands partnering...

 Nike (USA) has opened a 9,000 sq. ft  Thailand flagship store in Bangkok’s Siam Center.Designed to showcase Nike’s product innovation across multiple categories, the store...