Moody's Investors Service has named a list of retailers who have to post good holiday sales to be able to pay off large loans that are about to come to maturity. Included are Sears, J.Crew and Nine West.
The Florentine label will bring its men's and women's collections together in a single runway show in Milan as of next year, starting with Autumn/Winter 2018-19 at the Women's Fashion Week in February.
According to a Salesforce Commerce Cloud (Salesforce) holiday shopping flash report, Thanksgiving Day sales were up 29% over last year. Most consumers shopped on mobile sites and many bought AI-recommended products.
Shares of U.S. retailers rose on positive Black Friday shopping reports of online and brick-and-mortar stores such as Amazon.com and Macy’s, signaling consumers are spending more than the last two holiday seasons.
Kaya Dorey, a young fashion designer from Canada has won Young Champion of the Earth prize by the United Nations Environment Programme and polymer-producing giant Covestro for her sustainable apparel business innovation.
Relatively few early-morning shoppers turned out on Black Friday to mark the start of the U.S. holiday shopping season, as more people shopped online and the traditional rush was split by stores opening the night before.
Bagir has announced it has reached an agreement to be acquired by Shangdong Ruyi Technology Group. The partnership is expected to help the company win major contracts from the world’s largest retailers.