Cross-border shoppers should continue to buy from UK websites post-Brexit a new report shows, despite concerns that potential tariff barriers could deter them but only if prices don’t rise and delivery flexibility rises.
British designer Vivienne Westwood said sales for the year to 31 December 2016 increased by 11%, but margins were under pressure due to the challenging conditions in the retail market and the weak pound following Brexit.
Has the devastation of the UK high street made a dent at the value and older end of the fashion market? Bonmarché gave us some clues on Monday when it issued first-half results and it seems to be making progress.
Shares of sports retailers soared on better-than-expected earnings from Foot Locker Inc, Shoe Carnival Inc and Hibbett Sports Inc as the companies sold more premium shoes and cut stocks of low-margin ones.
The Death by Amazon Index is now being joined by new exchange-traded funds launched Thursday, which allow investors to bet on the decline of traditional retail or on the rise to supremacy of online sales.
Deckers Brands filed a letter to stockholders on Friday touting the company’s turnaround strategy, a move against activist shareholder Marcato Capital Management, which is seeking drastic changes to the company.
U.S. sneaker seller Shiekh Shoes LLC is searching for financing to avoid bankruptcy, its owner Shiekh Ellahi said on Friday, as increasing online competition has caused major upheaval for brick-and-mortar retail chains.
Azzedine Alaïa has died, aged 77. One of the greatest influencer-designers, he defined body-con dressing, staying relevant as trends changed via his signature style, and being the first designer to go seasonless.
96 percent of retailers reported organized retail crime in the 13th annual National Retail Federation study published today. Losses increased to $726,351 per $1 billion in sales, up from $700,259 last year.
The South Korean cosmetics brand Dr.Jart+, which specializes in targeted skincare products presented in futuristic-looking packaging, is in the process of intensifying its international expansion efforts.