The Fort Myers, Florida-based womenswear retailer announced first-quarter sales of $388.0 million on Tuesday, an increase of 38.4% year over year, which also beat analysts’ estimates of $321.0 million.
Pinterest has unveiled new features available in France, Canada, Germany and Australia, to improve the online shopping experience on its site.
G7 states have found a way to include Amazon on a list of 100 set to face higher taxes in the countries where they do business by targeting its more profitable cloud computing unit, officials close to the talks said.
In mythology, the beautiful anemone flower has a rather murderous reputation, but in fashion, at least in the hands of Sarah Burton at Alexander McQueen it can lead to magic.
Canadian e-tailer and tech platform Ssense has received a major funding boost with investment firm Sequoia Capital taking a minority stake in a deal that values the business at more than C$5 billion.
The British Retail Consortium is lobbying the government to extend the scheme that guarantees trade credit insurance. There are fears retailers could be left coverless when the scheme ends on 30 June.
U.S. tech giant Amazon plans to invest 2.5 billion euros ($3.04 billion) in new data centres in the Spanish northern region of Aragon that will open in mid 2022, the company said on one of its websites on Monday.
This is a game-changing shopping feature, according to Klarna. The finance provider has launched a shopping app that allows users to pay in three instalments in any online shop, interest-free.
The UK fashion industry is on notice. The government is launching a major initiative to crack down on workplace abuse, with particular attention to garment production, in a bid to improve and protect workers’ rights.
The high-end swimwear event, rechristened Splash X Joor, will be held online from June 7 to July 2, while also making its way to London for a physical session on June 22-25.
Young people having saved money during the pandemic lockdowns are helping to drive the sneaker resale market and are buying such products as investments, specialist reseller StockX said this week.
Copenhagen Fashion Week’s return to a physical format for SS22 comes with a strong line-up of labels showing at the event from August 10-13. There will be 38 labels showing, including established names and new talent.
Otto Group’s IPO for fashion retailer About You will see the company being valued at around €4 billion, it emerged on Tuesday. The shares will start trading next week.
UK retail giant Tesco and French giant Carrefour are ending their purchasing partnership when the deal expires later in 2021.
Fashion was a major contributor to rising consumer spending in May, two reports showed on Tuesday. Both Barclaycard and the BRC/KPMG sales monitor showed that British shoppers were in the mood to update their wardrobes.
