The luxury brand led by Virgil Abloh has announced the opening of its new flagship store in Taipei, revealing a 203-square-meter boutique in the city’s Breeze Nan Shan mall.
Resale platform Reflaunt said on Wednesday that it has secured $2.7 million in pre-Series A funding, led by the investment arm of luxury fashion distributor MadaLuxe Group.
Apparel sales in the United States declined by 19 per cent in 2020, according to a survey by The NPD Group.
The revenue of top fashion multinationals plummeted by 21.8% in the first nine months of 2020 because of the pandemic, according to a study published on Wednesday by Italian investment bank Mediobanca.
The French distance-selling specialist has reported a 2020 revenue of €241 million, with online sales sharply up by 40%. After deploying successfully in the UK, it is now targeting Canada and the USA.
Indian retailers on Wednesday urged the government to ban the local operations of Amazon, after Reuters reported the online giant has for years given preferential treatment to a group of sellers on its India platform.
The Californian brand management company, whose portfolio includes Cherokee, Hi-Tec, and Interceptor, announced on Tuesday that it has entered into an agreement to be acquired by Galaxy Universal LLC.
Tom Ford has postponed his next fashion presentation for nine days, at the last minute calling off a digital display planned for Wednesday evening in New York.
A New York attorney general has sued Amazon.com Inc on Tuesday over its handling of worker safety issues around the COVID-19 pandemic at two warehouses.
Scottish retail was given a boost Wednesday with news it won’t pay business rates through to next year. The measures, which also cover the hospitality and leisure industries, will last until April 2022.
There may have been lots of news stories about interruptions to trade because of Brexit, but it seems that consumers in key European markets are still buying from Britain, data from eShopWorld (ESW) shows.
Not only have the Chinese returned to physical stores in large numbers as the pandemic has eased in that country, but consumers there remain the biggest online spenders globally, a new study shows.
Shopify Inc’s holiday quarter revenue nearly doubled and beat Wall Street estimates as more businesses flocked to the Canadian company’s e-commerce tools to sell online during the Covid-19 pandemic.
Documents seen by Reuters expose politically sensitive information about the ecommerce giant's activity in India, undercutting its public messaging that it is a friend of small business in India.
French luxury goods group Kering is looking at possible mergers and acquisitions seriously, but M&A is not indispensable for its future growth, Chairman and Chief Executive Francois-Henri Pinault said on Wednesday.
