Retail news and archive

Eurozone retail sales decline

Eurozone retail sales fell in May. Turnover dropped by 0.7 percent month-on-month, the European statistics office Eurostat announced on Monday in Luxembourg. Economists had forecast a decline of 0.6 percent. However, turnover had risen by an upwardly revised 0.3 percent in April. Initially, an increase of 0.1 percent had been recorded. Compared...

Member

Business

Study: Branded clothing sector contributes almost 332 billion euros to EU economy

A study released by the European Branded Clothing Association (EBCA) today presents new findings from Oxford Economics, which reveals that the European branded clothing sector contributes 331.8 billion euros to the EU’s GDP annually, which is nearly 2 percent of the total EU economy. It also highlights the sector’s role in driving jobs, trade...

Featured

Fairs

NRF 2025: Retail’s Big Show to make European debut in Paris this September

Details of the first European edition of NRF: Retail’s Big Show Europe, taking place in Paris from September 16 to 18, were presented this morning in Milan. The event, which has always been held in New York, aims to unite the established missions of Paris Retail Week (Comexposium Group) and the renowned National Retail Federation (NRF). Arnaud...

FeaturedMember

Business

Victrix group (Punt Roma): 50 years of fashion, 1,500 employees, and Gerry Weber completing its portfolio

With over five hundred stores across several continents, Punt Roma has established itself as a familiar presence in numerous cities. However, behind this brand lies a much less visible business entity: Géneros de Punto Victrix, S.L. (Victrix), a Spanish group with almost fifty years of experience in the textile sector. Victrix took a decisive...

Member

Business

Amazon agrees to tackle fake reviews in UK

Amazon has agreed to clamp down on fake online reviews of products advertised on its UK site, Britain's competition regulator said Friday. Google agreed a similar UK commitment in January after the Competition and Markets Authority launched an investigation into the matter five years ago. Amazon "has signed undertakings committing to enhance its...

Retail

What to know about New York’s Retail Worker Safety Act

New York’s Retail Worker Safety Act (RWSA) has officially been mandated after experiencing slight delays in its enactment. The act (S. 8358B/A. 8947C) was signed into law by local governor Kathy Hochul last year, to address increased levels of violence seen among retail stores. From June 2, any store with 10 or more employees that “sells...

Featured

Fashion

LVMH teams up with SKEMA to strengthen luxury retail education

French luxury conglomerate LVMH is partnering with SKEMA (School of Knowledge Economy and Management) to create a new luxury retail course to be taught in the international business school’s new campus in Dubai to develop “top-tier talent for the luxury industry”. The strategic alliance aims to shape future luxury leaders with the creation of an...

Featured

Business

How to use AI safely - tips and tricks

How can AI support customer loyalty? And can it minimise theft in stores? What are good prompts? How safe is AI and what are its limitations? These and other questions were discussed at a dedicated day of talks around artificial intelligence (AI) hosted by the German digital centre for SMEs with a focus retail on 11th February 2025....

Member

Business

Tariff Tensions: The impact on U.S. retail and consumer sectors

The latest wave of tariffs introduced by the U.S. administration threatens to disrupt the retail and consumer landscape, posing fresh challenges for businesses already contending with economic volatility. Unlike the trade tensions of 2018, which largely spared broad consumer segments, this new tariff regime casts a wider net. “Broad-based...

Featured

Retail|Study

5 Tips for Retailers to achieve winning strategies in 2025

With the new year truly underway, retailers around the world are putting their game faces on for a volley of fresh challenges. From ever-changing consumer behaviors to emerging technologies, market fluctuations, and shifting regulations to convoluted trade dynamics, retailers will have to square off with a new retail game in 2025. Thriving...

Retail|In Pictures

Madewell marks opening of new flagship store in SoHo, NYC

Madewell has officially opened the doors of the newest flagship store in SoHo, New York City. Exterior of Madewell's new flagship store in SoHo, NYC Credits: Madewell Situated at 565 Broadway, the new flagship store from the denim and apparel brand spans 6,512 square feet and marks Madewell’s return to the neighborhood. Madewell originally...

Featured

Fashion |Exclusive

Hong Kong's fashion awakening: Building bridges between East and West

The newly erected Henderson building in Hong Kong has rapidly established itself as a landmark of architectural and commercial significance, epitomising the city's ambitious urban transformation. Its genesis on a former car park—now the world's most expensive plot, acquired for a staggering 3 billion dollars — symbolizes Hong Kong's relentless...