Hudson’s Bay opens MEC shop-in-shops in Toronto Canada’s go-to outdoor retailer, Mountain Equipment Company (MECHudson’s Bay Hudson’s Bay opens MEC shop-in-shops in Toronto. – Hudson’s Bay Spanning 7,000 to 11,000 square feet, the shop-in-shops are located across the GTA in Hudson’s…
Gap Inc. is preparing a new round of redundancies Translated by Cassidy STEPHENS After having already announced almost 500 redundancies in September 2022, Gap Gap The layoffs concern employees from the San Francisco headquarters in California, but also employees from…
Puma CEO Gulden reportedly set to become new Adidas head By Reuters API PumaAdidas Bjorn Gulden – Reuters Puma announced on Friday that it had appointed Chief Commercial Officer Arne Freundt as the new CEO from Jan. 1 after Gulden…
TJX lifts sales forecast on demand for discounted apparel By Reuters TJX Cos Inc raised annual same-store sales forecast and beat quarterly profit estimates on Wednesday, as cash-strapped consumers turn to the discount store for affordable clothing and home decor…
Michael Jordan ‘Last Dance’ jersey sells for $10.1 mn By AFP-Relaxnews A jersey worn by basketball legend Michael JordanSotheby’s AFP The iconic red Chicago Bulls jersey, with Jordan’s number 23 on the back, went for the highest amount of any…
Mango simplifies its corporate structure and absorbs two of its subsidiaries Translated by Roberta HERRERA PuntoMangoIsak Andic Mango streamlines its structure and absorbs two of its subsidiaries – DR Both Over the last few years, Mango has maintained its structure…
Levi Strauss cuts 2022 profit forecast on softening demand, strong dollar By Reuters Levi Strauss & Co Levi’s Consumers are shifting their focus away from higher-priced products and clothes to essentials due to decades-high inflation, affecting Levi’s and other apparel…
George at Asda’s Matthews joins John Lewis in key lifestyle role John Lewis Photo: Sandra Halliday Matthews was previously George at AsdaVeryGapWhite StuffHouse of FraserM&S Matthews is understood to have stepped down from Asda as she did not want to…
Spanish brand Mint & Rose to expand in France Translated by Roberta HERRERA On the occasion of its tenth anniversary, the Mediterranean-inspired Spanish firm founded in 2012 by entrepreneur Monti G. Benavides is accelerating its growth plans and has made…
Poshmark Q3 exceeds expectations despite ‘tough’ consumer outlook Poshmark During the quarter, the company’s losses widened to $23.5 million, from a net loss of $6.9 million, in the prior-year quarter – Poshmark The Redwood City, California-based company said GMV for…
