The Canton, Massachusetts-based big and tall menswear retailer reported slipping sales and widening losses for the third quarter on Friday and announced the appointment of Ujjwal Dhoot as its new chief digital officer.
Amazon Inc will open a store on Chinese e-commerce platform Pinduoduo on Monday, a source said, in a sign of how the U.S. firm's China strategy is evolving after it shut its own online store in the country.
With harsh lessons learnt from past Black Fridays, British retailers are stretching promotions over several weeks, aiming to smooth out consumer demand and reduce the pressure on supply and distribution networks.
Outlet malls are continuing to show their resilience across Europe as consumers flock to them and they attract top quality tenants. And London Designer Outlet has announced that Puma will open a 2,365 sq ft store there.
Analysts are predicting the Black Friday period to see spending anywhere from £4.3bn up to £8.7bn this year and while fashion & beauty will be a key sector, beauty will be the biggest winner in this mega-category.
British retailer Arcadia Group will name the former head of De Vere hotel and leisure group Andrew Coppel as the chairman, Sky News reported on Wednesday. He will replace Jamie Drummond Smith on Thursday.
Accused of selling products from blacklisted factories, Amazon has published a list of the 1,000 or so companies that produce goods for its private labels – a step in the right direction, according to Human Rights Watch.
Zalando, Europe's biggest online-only fashion retailer, has rejected accusations that a performance management tool that ranks employees according to coworkers' feedback increases stress and infringes privacy.