Uniqlo Owner Raises Profit Forecast Amid Expansion Abroad Fast Retailing Co., the parent company of the globally renowned clothing brand Uniqlo, is making waves in the retail industry once again. The company recently announced an optimistic outlook by raising its full-year profit forecast following a stellar performance in the fiscal first half. This move comes […]
Lacoste Ups Its US Ambitions With New York Flagship
Lacoste Ups Its US Ambitions With New York Flagship French sportswear brand Lacoste is making bold moves to strengthen its presence in the United States with the launch of a new flagship store in New York City. This strategic decision comes as part of Lacoste’s broader plan to drive sales growth in the US, a […]
Fast Retailing Expected to Post 14% Jump in Q2 Profit as Tariffs Loom
Fast Retailing Expected to Post 14% Jump in Q2 Profit as Tariffs Loom Fast Retailing, the Japanese parent company of the popular clothing brand Uniqlo, is gearing up to announce its second-quarter earnings report this Thursday. Analysts are anticipating a significant 14% increase in profits, building on the company’s track record of delivering strong financial […]
Zozo Acquires Lyst for $154 Million
Zozo Accelerates Global Expansion with $154 Million Acquisition of Lyst Zozo, the Japanese fashion marketplace renowned for its innovative fashion tech solutions, has made a significant move in its quest to dominate the global fashion industry. The company recently announced its acquisition of Lyst, a leading fashion search platform based in the United Kingdom, for […]
Actual Y2K Brands Want In on the Y2K Trend
Actual Y2K Brands Want In on the Y2K Trend In today’s fast-paced world, trends come and go quicker than ever. One trend that has been making a major comeback recently is the Y2K aesthetic. From fashion to beauty to technology, the early 2000s are back in style, and brands from that era are taking notice. […]
Why So Many Brands Gave Up on Clothing Rental
Why So Many Brands Gave Up on Clothing Rental The concept of clothing rental has been touted as a sustainable solution to fast fashion and a way for consumers to access high-end designer pieces without breaking the bank. However, despite its initial popularity, many brands have recently decided to pull the plug on their rental […]
Retail stocks slump after tariff shock
Retail Giants Take a Hit as Nike Stock Plummets Over 6% Due to Tariff Targeting Chinese and Vietnamese Goods In the fast-paced world of retail, even the most established companies are not immune to sudden market shifts. Recently, retail stocks took a significant hit as tariffs zeroed in on products manufactured in China and Vietnam, […]
Sony Singapore now accepts USDC for online purchases
Sony Singapore Embraces Innovation: Now Accepts USDC for Online Purchases Sony Singapore has recently made a groundbreaking move by integrating USDC payments through Crypto.com on its online store. This partnership allows customers to make purchases using digital assets, marking a significant step towards embracing the future of e-commerce. The integration of USDC, a stablecoin pegged […]
Boohoo’s Name Changes to Debenhams Despite Frasers Group’s Vote Against
Boohoo’s Name Changes to Debenhams Despite Frasers Group’s Vote Against In a surprising turn of events, the online fashion retailer Boohoo has decided to go ahead with its planned name change to Debenhams, despite facing opposition from Frasers Group, the retail conglomerate owned by Mike Ashley. The contentious move comes in the midst of a […]
This Week: Is H&M’s Turnaround Working?
Is H&M’s Turnaround Gaining Momentum? H&M, one of the leading fast fashion retailers globally, has been on a mission to revamp its image and regain lost ground in the highly competitive retail industry. The company is set to release its first-quarter results this week, offering a glimpse into whether its turnaround efforts are proving successful. […]