Visa, Mastercard suspend operations in Russia over Ukraine invasion By Reuters API U.S. payments firms Visa Inc and Mastercard Inc on Saturday said they were suspending operations in Russia over the invasion of Ukraine, and that they would work with…
Is the loungewear trend here to stay? Translated by Roberta HERRERA With the successive confinements and the normalization of telecommuting, loungewear collections, which consist of comfortable pieces to wear at home, have experienced growth in 2020 and 2021. But will…
Uniqlo January sales prove weak on inventory issues Fast RetailingUniqlo Uniqlo The company said that same-store sales including online decreased by 7.1% year on year last month, while total sales fell by by a smaller-but-still-bad 6.3%. The retailer is frequently…
Torrid announces new CEO, changes to leadership team Plus-size retail chain Torrid announced on Tuesday changes to its senior leadership team and board of directors, including the appointment of Liz Muñoz to a new role as chief creative officer. Torrid…
H&M’s Sellpy launches new app H&MsecondhandApple Sellpy The app was developed in-house by Sellpy’s engineering team and is available in all of its 24 markets. The company said it “currently covers the most crucial aspects of second-hand shopping” but will…
Visa reaches agreement with Amazon over payment fees By Reuters API Visa Inc cards will be accepted at all Amazon Amazon said last November that it would stop accepting Visa credit cards issued in the UK because of the high…
Primark unlikely to add home delivery, despite click & collect trial The billionaire whose family controls Primark Primark George Weston said the company is unlikely to ever extend its online offered to a service that includes home deliveries. He told…
He’s back! Nitin Passi returns to run Missguided In surprise news on Tuesday it emerged that Nitin Passi, the founder and former CEO of Missguided www.missguided.co.uk/babezine/ Frasers acquired the business recently after it collapsed into administration following a prolonged period…
Victoria’s Secret names Remi Bader new Pink ambassador, launches XXL swimwear Victoria’s Secret has announced the appointment of Remi Bader to be the U.S. lingerie giant’s new brand ambassador for its Pink Remi Bader A plus-size Tik Tok star and…
Uniqlo owner’s Q3 results to offer clues on China recovery, Japan inflation By Reuters Japan’s Fast RetailingUniqlo Uniqlo Spring/ Summer 2022 campaign – Photo: Uniqlo A bellwether for global retailers operating in China, Fast Retailing previously warned of a sharp…
