Textiles: is the pandemic setting back trade union rights in Asia? Translated by Cassidy STEPHENS In Cambodia, Sri Lanka and Bangladesh, as well as in India and Indonesia, some suppliers of major clothing brands continue to invoke the health crisis…
Macy’s India entry will be a win-win: Globaldata The entry of U.S. department store Macy’sMyntra Macy’s enters Indian market through a partnership with Myntra – Macy’s The Macy’s India deal, which was first revealed in September, will see Macy’s private…
Keds enters luxury space with Altuzarra collaboration American footwear brand Ked’s announced on Saturday its entry into the luxury space, revealing its new shoe collaboration with high-fashion brand, Altuzarra Keds X Altuzarra collection at New York Fashion Week – Keds…
Skechers reports record quarterly sales Skechers The Los Angeles-based company reported record quarterlysales of $1.87 billion, a year-over-year increase of 12.4% – Skechers The Los Angeles-based company reported record quarterly sales of $1.87 billion, a year-over-year increase of 12.4%. Wholesale revenues…
China’s Alibaba to apply for dual primary listing in Hong Kong By Reuters Alibaba Reuters The e-commerce giant’s move, announced on Tuesday, comes as both Washington and Beijing sharpen scrutiny over Chinese companies’ listings, and after a devastating regulatory crackdown…
Nordstrom adopts ‘poison pill’ days after Mexican peer buys stake By Reuters Nordstromhas adopted a “poison pill” to prevent investors from amassing 10% or more of its shares, the company said on Tuesday, just days after a Mexican retailer built…
Primark continues US expansion, adding three New York region stores Value fashion retail giant Primark Primark’s new Roosevelt Fields store With a target to reach 60 US stores by 2026, the trio of New York Metro openings are in Roosevelt Field in Garden City;…
Mango invests in sustainable startup Recovo Translated by Roberta HERRERA Mango Mónica Rodríguez, co-founder and CEO of Recovo; Marta Iglesias, co-founder and COO of Recovo; Gonzalo Sáenz; co-founder and CMO of Recovo; and Belén Rallo, director of Mango StartUp Studio..…
Thanksgiving weekend shopping breaks records: NRF A record 196.7 million Americans shopped in stores and online this Thanksgiving weekend, spending an average of $325.44 on holiday-related purchases, according to the annual survey released tuesday by the National Retail Federation and…
U.S. retail sales rise solidly; fourth-quarter GDP estimates raised By Reuters U.S. retail sales rose more-than-expected in October as households increased purchases of motor vehicles and a range of other goods, suggesting that consumer spending was picking up early in…
