Almost three quarters of consumers are intending to shop either online or in stores over the upcoming holiday weekend, according to a Deloitte study, with Cyber Monday expected to attract the biggest spend.
Gap Inc reported quarterly same-store sales below analysts' expectations on Tuesday, as its namesake brand posted another weak performance and its more affordable Old Navy line of clothing also missed estimates.
Flipkart is working to regain stability following the departure of its co-founder and Flipkart Group CEO Binny Bansal. CEO Kalyan Krishnamurthy is reportedly negotiating a number of senior hires for the company.
Walmart Inc, Target Corp and Best Buy Co have made changes to their gift card programs to reduce the risk of fraud as consumers enter the holiday shopping season.
Three days ago, the singer launched an Instagram account for Drew House, posting only a single photo of a yellow smiley face that looks to be the brand's logo.
DBG is conducting its first ever round of international crowdfunding via the U.K.-based platform Crowdcube, with a current total of over £1.3 million raised. The campaign will continue to run for the next 26 days.
Berlin-based label Marcell Von Berlin has opened a new store at 8619 Melrose Avenue in Los Angeles, marking the brand's first brick-and-mortar location in the United States.
The Carlyle fund is expected to sell the Italian fashion label it owns since 2012, and which is currently modifying its market positioning. Among the potential buyers, the Fosun group.
Glamour, the fashion and beauty magazine popular with young women, is ditching its monthly print editions and embracing the online revolution, its chief editor and publishers Conde Nast announced Tuesday.
Kohl’s Corp shares slumped as much as 12 percent on Tuesday after the department store operator forecast full-year earnings largely below estimates, blaming rising shipping costs and higher holiday discounts.
Target Corp said on Tuesday that third-quarter profit missed estimates as investments in its online business, higher wages and price cuts hurt margins and a big jump in inventory worried investors.
Black Friday and Cyber Monday is increasing in popularity in the Netherlands. However, Dutch consumers are planning to shop mostly online during both events.
The thread manufacturer saw revenues fall 2% in the four months to 31 October as a result of currency depreciation in Turkey, China and India, but it still hopes to deliver full-year results in line with expectations.
TJX Cos Inc’s holiday-quarter earnings forecast fell largely below analysts’ estimates on Tuesday, as the off-price clothing retailer faces rising freight and labor costs.
Asos is trying to reduce its return rates by rolling out a new sizing tool that will provide bespoke size recommendations based on customers’ order history.
