After the revenue slump recorded in the 2018 financial year, the Swedish lingerie production and distribution group has announced that co-founder Indrek Rahumaa is its new CEO and is tasked with restructuring the group.
UK high street and travel retail newsagent WH Smith has delivered a surprise with news that it’s buying US travel retail specialist Marshall Retail for $400m/£312m, radically expanding its travel retail chain.
One year after launching Hill City, Gap has opened the men's activewear brand’s first physical store in San Francisco, a 12-month pop-up aiming to test the waters as the digital-first label looks into physical retail.
Ant Financial, an affiliate of China’s largest e-commerce company Alibaba Group, is in talks for a syndicated loan of up to $3.5 billion at a lower rate to slash debt costs, Bloomberg reported on Wednesday.
Fashion to Figure has launched an exclusive collaborative collection with Sarah Rae Vargas, combining the YouTube influencer and entrepreneur’s glam aesthetic with the plus-size apparel retailer’s fit expertise.
Billabong and Elle Ferguson have decided to take us to Miami's South Beach with their latest collaboration, which seeks to extend summer by just that much with ultra-feminine, slightly boho-chic pieces.
It may seem counter-intuitive to some people to pay in advance for a service that saves you money on future product orders that you might not actually place, but such schemes are ever more popular with UK consumers.
On Oct. 4, a Chinese trader noticed a sharp drop in the price of crypto tokens backed by Nike’s Air Jordan sneakers on a U.S.-based exchange after an NBA basketball manager tweeted support for the protests in Hong Kong.
Consumer appetite for click & collect is rising, a new study has shown, with 68% of shoppers now actively choosing to pick up their online orders in a physical shop, but many also wanting more options for local pick-up.