French pre-owned fashion platform Vestiaire Collective completed a 178 million euro (approximately $215 million) financing round. American investment firm Tiger Global Management and French luxury company Kering were among the investors, Finsmes reported. Get the Full Story Complete the form to unlock this article and enjoy...
Off-price apparel and home fashion chain Ross Stores, Inc., which has 1,585 locations in 40 states, said that fourth-quarter sales came out ahead of its forecasts, although the pandemic proved to be a headwind for traffic, according to a press release. Get the Full Story Complete the...
As consumers turn to digital platforms to fulfill more and more of their basic needs, smaller, more traditional businesses are forced to adjust their operations to meet the changing needs of their base. Get the Full Story Complete the form to unlock this article and...
Shopping malls, once a vital part of the American landscape and the backbone of the retail industry, have seen real estate values plummet an average of 60 percent in 2020, Bloomberg reported on Tuesday (Mar. 2). Get the Full Story Complete the form to unlock this...
For a company that was launched in 2017 and has steadily built a loyal customer base for its body-shaping creams and lotions among new moms and 25-35 year old millennials, nothing can compare to the growth Maëlys has experienced over the past year. Get the...
You may not be a “sneakerhead” — or even know what one is — but chances are you caught wind of the attention that Vice President Kamala Harris received when she stepped out at a campaign event in a black pair of Converse “Chuck Taylor”...
Kohl’s, the embattled operator of 1,100 department stores, said Tuesday (March 2) that its fourth quarter sales fell 10.1 percent, tempered by a 21 percent increase in its digital operations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Target, the country’s second-largest retailer, said on Tuesday (Mar. 2) that years of investment into its omnichannel capabilities drove record sales and earnings for the fourth quarter and full year, as pandemic-related shopping habits led to exponential increases in its digital and drive-up offerings. Get...
AutoZone, Inc., an automotive parts and accessories retailer, reported that net sales jumped 15.8 percent in the second quarter of fiscal 2021 as it expanded its store count, according to a Tuesday (March 2) announcement. Get the Full Story Complete the form to unlock this...
