Many companies are now being forced to tighten their sustainability policies in the wake of the United Nations Climate Conference (COP26) which was held in …
BUSINESS
Retail Trend 2022: Clicks to Bricks
The popularity of brick and mortar retail has not been diminished by the ever-changing technologies and the rise in online shopping. However, mastering both in-store …
Moscot opens Copenhagen flagship
Moscot, a 106-year-old New York City eyewear brand, opened its 18th store in Copenhagen, Denmark. This is the eighth European Moscot shop. The store is …
Purple Dot raises 4 million dollars
Purple Dot, an e-commerce startup, has raised 4,000,000 dollars in funding early-stage led by U.S.-based Unusual ventures, TechCrunch reported the news. The U.K.-based company uses …
David Beckham reportedly considering selling DB Ventures to ABG
According to reports, David Beckham is in talks with Authentic Brands Group (ABG), and Beckham is considering selling half of his management company, DB Ventures, …
Pandemic holiday returns magnify logistic problems
While the coronavirus pandemic has presented many challenges to brick-and-mortar and online retailers, managing the impending extended holiday returns season and its potential excessiveness will …
In 2021, a fifth of all tech investments made by retailers were in supply chain
According to new research, more than 20% of all investments made in fashion and retail-tech in 2021 were in the supply chain. The top priorities …
2021 Roundup: The top acquisitions of the year
One business trend that has been prominent in the news this year is acquisitions. Diverse fashion companies seem to be active in the acquisition game …
Victoria’s Secret launches 250 million dollar share-repurchase program
Victoria’s Secret and Co. has signed an accelerated share repurchase arrangement (“ASR”), with Goldman Sachs &. Co. LLC (“Goldman Sachs”) will repurchase 250 millions dollars …
In 2021, the top online category for global consumers was ‘Clothing.
Research and Markets’ new report has shown that online sales will account for more than half the global retail growth between 2020 and 2025. This …