Swiss luxury group Richemont, which owns global brands like Cartier and currently operates a joint venture with Alibaba in China, is also considering investing in Farfetch alongside Alibaba, the people …
I was born in 1995. If you ask some, I am a member of Generation Z. Others will say that I am more of a millennial. No wonder I’ve always …
Northern Italian food retailer Nova Coop has opened a new superstore in Turin. This is an 1800 sq m shop with the now customary emphasis on fresh being part of …
The new “Express” stores come as COVID-19 rates are rising around the United States and Europe. The new format has a wall built in front of the main store with …
As the coronavirus pandemic and holiday season collide, Target said Thursday is is rolling out new measures over the next few weeks to put shoppers at ease. It will double the number …
J.C. Penney CEO Jill Soltau said Tuesday that the bankrupt retailer expects to exit Chapter 11 ahead of the holiday season. The department store chain said in a news release …
In 2020, few shoe styles have been collectively embraced like the Swiss-cheese holed plastic clogs we all know as Crocs. Crocs sales increased 48% this year while overall footwear sales …
Alibaba has taken a controlling stake in one of China’s leading supermarket chains as it tries to fend off rival JD.com in the fast growing online grocery industry. Alibaba is …
Chinese language e-commerce big Alibaba Group Holding Ltd. BABA 2.62% stated it could pay $3.6 billion to take management of China’s largest big-box retailer and a serious rival to Walmart Inc. WMT 0.12% on the earth’s most populous nation. Hangzhou-based …
Fast fashion giant H&M has just debuted a new garment-to-garment recycling system called “Looop”, which enables the transformation of unwanted clothing into new textiles. It’s the latest move in a series of …