Inside Gymshark’s First Store Gymshark, the popular activewear brand known for its stylish and functional workout gear, is taking a bold step into the world of brick-and-mortar retail. Despite experiencing a significant surge in online sales, the company has decided to open its inaugural physical store in the vibrant city of London. This move marks […]
Amazon deploys 1 millionth robot to command world’s largest moving machine force
Amazon Hits Major Milestone with Deployment of 1 Millionth Robot in Warehouse Automation In a groundbreaking move that solidifies its position as a leader in innovation and automation, Amazon has reached a significant milestone by deploying its one millionth robot in warehouse operations. With this remarkable achievement, the e-commerce giant has effectively created the world’s […]
Retail Emerges as Most Distressed Sector in Europe, Report Says
Retail in Europe Faces Unprecedented Distress Amid Economic Challenges Retail in Europe is currently facing one of its toughest challenges in recent history. A recent report has highlighted that the sector is experiencing significant distress, with various factors contributing to its decline. Weak discretionary spending, margin compression, and tightening credit conditions have all played a […]
Amazon’s Premium Beauty Push May Be a Buffer Against Trump’s Tariffs
Amazon’s Premium Beauty Push May Be a Buffer Against Trump’s Tariffs As Amazon gears up for its highly anticipated Prime Day event, the e-commerce giant is strategically positioning itself to navigate the turbulent waters of trade tariffs imposed by the Trump administration. With a sharp focus on expanding its premium beauty category, Amazon is making […]
Amazon and Walmart consider digital dollar tokens
Amazon and Walmart Consider Digital Dollar Tokens Major retailers like Amazon and Walmart are always on the lookout for innovative ways to streamline their operations and enhance customer experience. In a recent development, these retail giants have started exploring the potential of stablecoin payments, specifically digital dollar tokens. This move is not just about embracing […]
Kering Shares Surge as Renault CEO Set to Join for Turnaround
Kering Shares Surge as Renault CEO Set to Join for Turnaround French luxury group Kering is making headlines as its shares experience a significant surge following reports that Luca de Meo, the current CEO of Renault, is set to join the company in the coming days. This move comes as Kering looks to navigate a […]
New phase in Malaysia Airlines and Google collaboration
Malaysia Airlines Takes Flight into the Future with AI Integration In a groundbreaking move, Malaysia Airlines has announced a strategic collaboration with Google to integrate artificial intelligence (AI) into its ecosystem. This partnership marks a significant step forward for the airline industry, as Malaysia Airlines aims to leverage AI technology to support tourism and enhance […]
Lululemon Cuts Annual Profit Forecast as Demand Slows, Tariffs Weigh
Lululemon Cuts Annual Profit Forecast as Demand Slows, Tariffs Weigh Lululemon, the renowned activewear brand, has recently announced a cut in its annual profit forecast due to a slowdown in demand and the burden of tariffs. This move comes as a surprise to many, considering Lululemon’s history of growth and success in the activewear market. […]
BoF Insights | How to Tap Into the Enduring Appeal of Branded Luxury Hotels
BoF Insights | How to Tap Into the Enduring Appeal of Branded Luxury Hotels As global travel gradually recovers from the impact of the pandemic, the hospitality industry is witnessing a significant shift towards branded luxury hotels. These establishments offer a unique opportunity for luxury brands like Bulgari and Gucci to maintain a strong connection […]
The Future of Airport Retail
The Future of Airport Retail Travellers returning to the airport for the first time since the pandemic will find a different retail landscape awaits them past the security gate. As the world gradually reopens and travel restrictions ease, airports are looking to revamp their retail offerings to meet the changing needs and expectations of passengers. […]