Company FILE IMAGE: A logo design of Alibaba Group is seen at the company’s headquarters in Hangzhou, Zhejiang province, China, November 18,2019 REUTERS/Aly Tune 06 May 2020 08: 41 PM ( Updated: 06 May 2020 08: 58 PM) MILAN: Chinese e-commerce giant Alibaba Group Holding has launched a brand-new luxury platform targeting younger consumers that […]
Monthly Archives: May 2020
Infection presses iconic American outlet store to the brink
company Apr. 30 05: 41 am JST May 14|12: 06 am JST 3 Comments By Luc OLINGA New York City The requested article has actually ended, and is no longer offered. Any associated articles, and user comments are revealed listed below. © 2020 AFP . Sort by Oldest Latest Popular 3 Remarks Login to comment […]
Masks are here to stay. And they’re quickly ending up being a way to express ourselves.
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Garments collapse drags down retail in April
Dive Quick: With most excessive shops shut due to the pandemic, retail sales in April in the essential sectors tracked by Retail Dive plunged 16%year over year, according to the U.S. Department of Commerce’s initial results for the month Retail trade sales as defined by the government fell178%compared to the year ago period. Some sectors […]
Coronavirus crisis fuels Brazil e-commerce shift as shopping centers suffer
Organisation Brazil’s battered merchants are starting to reopen after weeks of coronavirus lockdown however may exit the crisis transformed, with the e-commerce sector enhanced and brick-and-mortar chains dealing with an uphill course to normality. SUBMIT IMAGE: Individuals are seen walking through Iguatemi shopping center in Sao Paulo, Brazil August 16,2018 REUTERS/Nacho Doce/File Picture SAO PAULO: […]
Style shift online picks up even as stores reopen
BERLIN: Merchants selling fashion online are emerging as the winners of the coronavirus crisis as consumers are staying home even as shops begin to resume, arises from significant companies revealed on Thursday. Shares in Zalando, Europe’s most significant online-only fashion seller, jumped 11 per cent to a brand-new record high after it said it anticipates […]
Crisis Continuity: How to Remain Relevant and Prepare for the Future
Although more than 300 million U.S. residents are under stay-at-home orders, now is an opportune time to engage in meaningful dialogues with customers, encourage e-commerce sales and prepare for store reopenings. While uncertainty exists around timelines for retracting social distancing measures domestically, China’s recent reopening provides optimism — particularly for the fashion industry. More from […]
A Bride’s Best Friend Today? Engineers. Anomalie Invests In Tech As Demand Surges
Online custom wedding dress company Anomalie has seen a surge in use of its DressBuilder technology, … [+] which allows brides to create sketches of their dream dress, and then order them. Anomalie For the past three years, the founders of online wedding dress startup Anomalie have dreamed of building the first great mass customization […]
Exclusive: Neiman Marcus to file for bankruptcy as soon as this week
(Reuters) – Neiman Marcus Group is preparing to seek bankruptcy protection as soon as this week, becoming the first major U.S. department store operator to succumb to the economic fallout from the coronavirus outbreak, people familiar with the matter said. The debt-laden Dallas-based company has been left with few options after the pandemic forced it […]
Department stores were the original retail startups. Now they’re headed for the grave
After a century and a half, the American department store appears to be headed toward the grave. These glittering emporia that once drew crowds with fashion shows, concerts, and lavish holiday windows are going out with whimper, not a bang—an apparent victim of the economic fallout of the coronavirus pandemic. Department stores had been in […]
