US retailers will hire fewer seasonal workers this holiday season than last year due to a softer labour market and tighter consumer spending heading into …
Retailer
Why Nordstrom’s Founding Family Wants to Take the Retailer Private
For nearly a decade, the Nordstrom family has been vying to escape the scrutiny of the public market and take their namesake company private. An …
Top Africa Clothing Retailer Pepkor to Bolster Brazil Expansion
Pepkor Holdings Ltd. plans to almost double its previous target of opening 50 outlets a year in Brazil as Africa’s largest clothing retailer pushes for …
Indian Beauty Retailer Nykaa Posts Near Three-Fold Jump in Q4 Profit
India’s FSN E-Commerce Ventures, parent of online beauty products seller Nykaa, reported a nearly three-fold jump in quarterly net profit attributable to shareholders on Wednesday …
Retailer Zalando Shakes Up Management After Strategy Shift
Zalando SE is shuffling its management roles as the online retailer tries to win a bigger share of Europe’s €450 billion ($485 billion) fashion market. …
Chilean Retailer Falabella Aims to Close Several Major Asset Sales This Year
Falabella SA, Chile’s second-largest retail group by sales, expects to close several more “major” asset sales this year as part of its plan to raise …
Retailer Express Holds Talks for Bankruptcy Financing
Retailer Express Inc. is asking its lenders for funds to help finance a potential Chapter 11 bankruptcy process, according to people with knowledge of the …
Fast Fashion Retailer Shein Doubles Profits as It Awaits IPO Approval
Shein, the online fast fashion retailer founded in China, has more than doubled its profits to more than $2 billion as it awaits approval for …
Asos Sales Fall Again Amid Turnaround of Fashion Retailer
Asos Plc suffered a double-digit decline in sales in the first half as the fashion retailer was forced to heavily discount clothes to clear a …
CVC-Backed German Perfume Retailer Douglas Tumbles in Debut
German perfume retailer Douglas AG slumped as much as 11 percent as it began trading in Frankfurt after raising €850 million ($929 million) in the …
Nordstrom’s Founding Family in New Bid to Take US Retailer Private
The founding family behind Nordstrom Inc is seeking to take the US department store operator private, six years after a similar attempt proved unsuccessful, people familiar …
Perfume Retailer Douglas Guides IPO Pricing at Bottom of Range
German perfume retailer Douglas AG is expected to price its €907 million ($991 million) initial public offering at the bottom of the range, as European …
Zalando Jumps as Online Fashion Retailer Sees Return to Growth
German online fashion retailer Zalando on Wednesday forecast a return to growth this year and said it was opening up its logistics business to more …
How Jewellery Retailer Pandora Is Evolving and Elevating Its Brand
Since its inception in 1982, jewellery brand Pandora has evolved from a single store in Copenhagen to the world’s largest jewellery brand by volume. The …
Superdry Founder Dunkerton Explores Taking Retailer Private
Julian Dunkerton, the founder and chief executive officer of beleaguered British retailer Superdry Plc, is seeking to take the loss-making company private as it struggles …
Superdry Losses Balloon as Retailer Struggles to Compete
Superdry Plc reported widening losses after Christmas sales failed to revive performance at the struggling fashion retailer. The British brand, known for its logo T-shirts …
Saudi Online Cosmetics Retailer Nice One Plans Local IPO
Saudi Arabian online cosmetics retailer Nice One is planning an initial public offering, joining a number of Middle Eastern technology startups planning share sales. The …
German Beauty Retailer Douglas Sees Sales Grow to $1.7B in First Quarter
German beauty retailer Douglas said Monday its first quarter sales rose to €1.56 billion ($1.71 billion), up just over 8 percent from the same period …
Off-Price Retailer Brand Alley Has Acquired The Edit Ldn, a Sneaker Resale Platform
Limited edition sneaker and streetwear marketplace The Edit Ldn has sold a majority stake to UK-based off-price fashion retailer Brand Alley, after experiencing cash flow …
Thai Beauty Retailer Konvy Secures $11 Million Investment
Robinsons Retail Holdings’ investment arm New Day Ventures, Alibaba International Digital Commerce Group and existing investor Insignia Ventures Partners participated in a second Series A …