A federal judge dismissed a racketeering lawsuit accusing Walmart Inc and six other retailers of extortion by forcing accused shoplifters to take costly “restorative justice” classes or else be reported to the police.
Marking the second day of the nine-day season, Dyne's fashion presentation on the ground floor of FIT continued the label's commitment to innovative fit-meets-function apparel that puts wearable tech to educational use.
SMCP has continued its run of impressive results with the owner of the Sandro, Maje and Claudie Pierlot brands saying that it saw double-digit sales growth last year with its turnover above €1bn for the first time.
Department store chain Macy’s Inc raised its annual earnings forecast on Wednesday, signaling a strong holiday shopping season ahead, as it benefits from a growing online business and a revamped loyalty program.
Fashion brands need to put their foot down and take action to prevent “a race to the bottom” in terms of discounts that threaten whole fashion retail eco-system, Farfetch CEO José Neves told FashionNetwork.com.
Kurt Geiger has reported strong results in its latest financial year but analysts are concerned that the problems at UK and US mid-market department stores will make life tougher for the footwear retailer.