The collapse of Sears Canada, leaving vacant stores across the country, could actually boost profits for many mall owners who will be able to replace the retailer with tenants who can afford higher rents.
Debenhams is bringing a curated fashion and beauty offer to Australia with its first standalone stores there in a deal with Pepkor. It is opening smaller-format stores and offering plenty of exclusives.
Topshop and Topman are linking up with the hugely popular Netflix show Stranger Things for its second series with the fashion retailer entering a “360 relationship” that takes in fashion and entertainment in its stores.
Zalando is on a roll with the e-tail giant reporting a sales surge just a day after UK peer Asos did so. And it’s following Asos into beauty e-tail as it aims to tap into one of the key growth categories for e-sales.
A UK parliamentary report has criticised Amazon and eBay for not doing enough to prevent tax fraud on their online market places and recommended the government hold the online giants accountable for tax lost to evaders.
The teen specialty retailer formed a new Board of Directors that includes executives with previous tenures at Uniqlo, Wal-Mart and Forever 21. Rue21 also appointed Dr. Mark Chrystal as Chief Analytics Officer.
Amazon Studios chief Roy Price has resigned, a company spokeswoman said on Tuesday, following reports that he harassed a producer and ignored an allegation by an actress of sexual assault by producer Harvey Weinstein.
Destination Maternity's interim CEO updated shareholders with company developments which include an expanded ecommerce business up 30% in comp sales over last year and a forecasted $10-11M saving for next fiscal year.
After all the speculation over just how good the Asos final results would be, on Tuesday we found out. They were good, really good. Revenues up 33% and pre-tax profit up 145% certainly lived up to expectations and more.