Organized retail crime has hit a record high according to a new NRF study, with losses averaging $777,877 per $1 billion in sales and nearly three-quarters of retailers surveyed reporting an increase in the past year.
Streetwear brand The Hundreds has partnered with tattoo and graffiti artist Mister Cartoon for an exclusive capsule collection. The collection made its debut at DesignerCon, which ran from November 16 through 18.
The migration towards online shopping is set to present major challenges to the UK's under-pressure physical shops with visitor traffic to drop by 3.7% on Black Friday this year, according to Springboard.
Southeast Asia's internet economy is expected to exceed $240 billion by 2025, a joint study by Google and Temasek Holdings showed, more than previously estimated, as more consumers use their smartphones to go online.