Latest Articles in Retail

US clothing sales rise again in June

For the ninth month in a row, retail sales have gone up in the United States in June, with clothing and accessories stores showing an increase of 0.63 percent month over month adjusted and 13.65 percent year over year unadjusted. The numbers were revealed by the National Retail Federation on Monday through its CNBC/NRF Retail Monitor. The Retail...

Featured

Retail

Tailored Brands IPO: Is tailoring investable again after bankruptcy?

Tailored Brands, Inc. publicly filed its S-1 with the SEC on Monday, asking Wall Street to buy back into a category it wrote off six years ago: the suit. Through its new ticker symbol, “MENW,” the company is betting that tailoring can still capture investors’ attention and is even promising to open 500 new stores over the next 10 years, per the...

Retail|In Pictures

Inside Guzema's first US boutique in New York City

Guzema, the Ukrainian fine jewelry house founded in 2016 by designer Valeriya Guzema, opened a “sculptural retail experience” in New York City on Wednesday, taking over the 112 Wooster Street address in the SoHo neighborhood. This marks the brand’s first boutique in the United States, highlighting Guzema’s plans for international expansion on...

Retail

Justin Bieber's Skylrk launches immersive retail experience in NYC

Skylrk, the fashion and lifestyle brand co-founded by Justin Bieber, is opening its first New York City retail space this week: a temporary, "immersive" store at 60 Tenth Avenue in Manhattan's Meatpacking District, running Thursday through Monday, daily from 10 a.m. to 8 p.m. local time. The pop-up is the brand's third physical retail outing,...

Featured

Retail

Aldi enters fashion market with 'Aldi Studio' collection in France

Paris - For decades, retailers built their reputation on price. Tomorrow, they may well build it on their image. As food margins shrink and consumers become more selective with their spending, retailers are looking for new ways to differentiate themselves. One of the most unexpected is through clothing. What was once a simple communication stunt...

Retail

Lululemon to open first Austrian store

Canadian athleisure giant Lululemon is embarking on a new venture in Austria, where it is due to open its first regional store on September 4. Located in the capital city of Vienna on the Kärnter Straße, the new store spans over 200 square metres and houses what the brand describes to be a “welcoming environment” reflecting its “commitment to...

Retail|In depth

Pádel Nuestro launches offensive with a focus on customer experience, entering the UK with a Manchester store

Madrid – Murcia-based sports multinational Pádel Nuestro continues to expand its retail footprint, having opened its new flagship store in Barcelona at the end of last May. The store is a prime example of the company's strategy for physical retail. It focuses on the customer experience as the foundation of the shopping journey it aims to provide...

Retail|In Pictures

FoundRae opens first international store in London

New York-based fine Jewellery brand FoundRae, known for its symbolic and spiritual designs, has opened its first international flagship store on Mount Street in London. In a statement, FoundRae said that it chose Mount Street in Mayfair as the store’s location due to the “quintessential” feel of the shopping street, which has retail roots dating...

Retail

All Three Proxy Advisory Firms Side With Genesco Ahead of July 21 Vote

All three major independent proxy advisory firms have sided with Genesco Inc.'s existing board ahead of the footwear retailer's annual shareholder meeting set for July 21, dealing a setback to activist investor Bradley Radoff's push for boardroom change. Glass Lewis, Egan-Jones, and Institutional Shareholder Services each recommended...

Retail

The North Face faces protests over partnership with Movement Gyms

Workers United is rallying at multiple The North Face store locations across the United States on Monday over a deal between the VF-owned lifestyle brand and Movement Gyms. According to a statement from the organization, the partnership between both companies violates VF’s corporate values due to "Movement's ongoing mistreatment of rock climbing...

Retail

Czech Republic: 70,000 pairs of shoes destroyed in a fire

A fire in a warehouse in Zlin, Czech Republic, destroyed 70,000 pairs of shoes on Thursday. The warehouse is located on the site of the former Bata shoe manufacturing empire. The company Vasky, which manufactured the shoes, reported its losses at seven million dollars. No one was injured, firefighters confirmed. They added that the fire was...

Retail

French court bans Shein from selling products imitating Lacoste crocodile in EU

Paris - A French court on Thursday provisionally banned the Asian e-commerce giant from selling items on its platform that feature the famous Lacoste crocodile logo. Pending a final ruling, the Paris judicial court “has taken provisional measures throughout the European Union”. The aim is to “prevent infringement of Lacoste’s renowned trademarks...