Yoox Net-a-Porter shareholder Renzo Rosso believes Richemont's bid for full control of the online retailer is of great value, even though he is sorry to see another renowned Italian brand pass under foreign control.
Amazon will sell $28 billion worth of clothing in 2018, almost equal to what countries like Bangladesh and Vietnam export annually, and its apparel sales could reach $85 billion by 2020, according to a survey.
Carrefour’s new CEO pledged to slash costs, step up investment in e-commerce and open up the capital of Carrefour China to local investors, as part of a plan to boost growth at the world’s second-largest retailer.
Plus size and menswear growth, a US sales surge, and good online sales drove omnichannel retailer N Brown to a pleasing Q3 and record-breaking Christmas period. And a new Zalando deal should drive sales even higher.
Britain’s Ocado has sealed a deal to allow Canada’s second largest food supermarket group Sobeys to use its e-commerce platform, sending the British online retailer’s shares up 28 percent on the new international tie-up.
Levi's is opening two Grammys-themed pop-ups offering experiential retail, exclusive music tour-themed merchandise, limited-edition product, and artist collaborations across men's, women's and children's categories.
New York-based designer Naeem Khan is building a fashion-focused high school affiliated with Miami's top-ranked Design and Architecture Senior High (DASH) near the proposed site of his relocated corporate HQ.