Russian shopping malls are "de-energised" and have lost up to 30% of their footfall following the exodus of Western brands, the son of one of Russia's most prominent property developers was quoted as saying on Monday.
Clarks has become the latest retailer to take the resale route to sustainability. The UK footwear giant has partnered with resale collective Dotte, the UK’s circular peer-to-peer marketplace.
A massive 645,204 jobs have been lost in the UK’s retail sector over the past five years, new figures from the Centre for Retail Research shows. This included 105,727 jobs lost last year.
BNPL giant Klarna has expanded its partnership with H&M, extending its ‘Pay in 3’ option to Ireland. It follows Klarna's Ireland launch last autumn.
Online UK retail continued to struggle last month as comparisons with previous booms remained tough. But fashion stayed strong and was described as a category “making up for lost time”.
The Machine-A retail brand is going international and will open a Shanghai store this year, its first permanent location outside of the UK. The debut will also include an exclusive link-up with Raf Simons.
Luxury e-commerce giant Farfetch is to start accepting cryptocurrency payments across both its own marketplace and participating boutiques and brands by year-end.
A former top seller for Amazon in India, Cloudtail, has accused India's antitrust agency of illegally detaining its employees during a raid over suspected competition law violations, court documents show.
The luxury fashion house is opening its first store in Saint-Tropez on June 2, part of a plan announced last September to renovate a number of stores worldwide.
YouTube is launching the second edition of its "Beauty Festival," an event promoting beauty products that users can buy live online.
On June 8 2022, K-Way announced a partnership deal with the Bluebell Group. The sportswear brand will launch its Chinese e-shop in June and plans to open a store in Hong Kong in October.
The mobile experience uses augmented reality to help customers visualize how a pair of shoes will look on themselves from the comfort of their home or on the go.
To boost its presence in the skincare segment, Shiseido has launched Sidekick, a men's skincare brand destined for Asia, after introducing Ulé, a natural cosmetics brand for the European market.
A staggering seven million-plus UK households are looking to the resale or secondhand markets to buy goods as prices and inflation rocket, according to a report by Retail Economics and Squire Patton Boggs.
A report on Thursday suggested that Walmart could be planning to one day launch an e-commerce marketplace in the UK that could rival the dominance of Amazon in the space. But Walmart has denied this categorically.
