H&M Group merges Weekday, Monki, revives Cheap Monday in new youth-focused operation H&MWeekdayMonkiCheap Monday Weekday It said it has “the ambition to create an exciting, broadened experience, adapted to the young customers’ needs and preferences”. This means “Weekday will form…
Shopify’s revenue forecast fails to impress, shares fall By Reuters API Shopify Reuters U.S-listed shares of Shopify, which started 2022 as the most valuable Canadian company before losing three-quarters of its value, fell about 8% in extended trading. The technology…
Crocs posts record 2022 revenues Crocs Crocs The Broomfield, Colorado-based company said revenues for the full-year totalled $3.6 billion, up 54%, compared to 2021. Crocs brand revenues increased 14.9%, to $2.7 billion. Wholesale revenues increased 17.3%, while DTC revenues rose 12.5%. In…
Zalando to cut several hundred jobs worldwide Translated by Cassidy STEPHENS Online fashion retailer Zalando Shutterstock The German group will launch “a programme to reduce several hundred positions within the teams”, the management of the online fashion retailer said in…
Adidas launches new Club Originals campaign Global sportswear giant Adidas, a campaign celebrating creativity across music, art, style and movement. Adidas Originals It comes with a new film spotlighting the latest “trailblazing talent across Europe from Ashnikko to Jyoty” launching across…
U.S. Black Friday week retail sales fall short in 2022: NPD Black Friday week sales in the U.S. fell short in 2022, as sales dipped lower than during the same week in 2021, according to U.S. retailer point-of-sale information collected by…
Fanatics assumes operations of WWE’s global event merchandise business U.S. digital sports platform Fanatics is expanding its partnership with WWE to assume operations of its global event merchandise business. Fanatics assumes operations of WWE’s global event merchandise business. – Fanatics…
Arts Thread 2023 Global Design Graduate Show launches, Gucci returns as sponsor Arts ThreadGucci Global Design Graduate Show 2022 The massive event for 2023, which last year attracted 5,489 entries representing 117 countries, is now open to all art and…
Patagonia sues Gap for copying ‘iconic’ flap pocket By Reuters PatagoniaGap The Snap-T design by Patagonia – Patagonia In a Tuesday night complaint filed in San Francisco federal court, Patagonia said Gap is willfully and deliberately selling fleece jackets that…
Shein to invest up to $70 million over the next five years to reinforce supply chain By Europa Press Translated by Roberta HERRERA Shein Shein to invest up to $70 million over the next five years to reinforce supply chain…
