Tourism: Beijing on track to become world’s most powerful city destination by 2032 By AFP-Relaxnews While China has now reopened its borders after more than two years of Covid restrictions, the country is forecast to become a major tourist destination…
Ukraine’s Zelenskiy thanks Nike for leaving Russia market By Reuters Ukrainian President Volodymyr Zelenskiy said on Friday he had spoken to Nike Archiv ”This is an example of how business can play a significant role in protecting humanity and freedom,”…
Shoppers to purchase fewer gifts this Holiday season: Deloitte Shoppers are set to reduce the number of gifts they purchase this holiday season. Shoppers to purchase fewer gifts this Holiday season: Deloitte report. – Deloitte To maximize budgets and combat…
Banksy says fashion retailer Guess ‘helped themselves’ to his work By Reuters API Renowned graffiti artist Banksy on Friday criticised fashion retailer Guess Reuters Banksy, whose true identity is a closely guarded secret, posted a photo of Guess’ Regent StreetInstagram…
Uniqlo monthly sales look buoyant again Uniqlo Uniqlo It said that August same-store sales, including online, increased by 14.9% year on year while total sales rose an even stronger 18.4%. Customer number and the average purchase per customer were also…
Save the Duck opens U.S. flagship in New York According to Save the Duck, New Yorkers are down for some down-alternatives. The three-generations strong Milan-based sustainable parka-centric brand has opened its first flagship store in the bustling downtown retail mecca.…
Macy’s profits from wealthy shoppers, Kohl’s feels inflation pinch By Reuters API Upscale U.S. retail chain Macy’sKohl’s Reuters Like other retailers, Macy’s has introduced more discounts to clear excess stock of casual and athleisure apparel, while luxury goods sales has…
Inditex’s Zara enters resale, UK is first test market InditexZara Zara The new offer launches on 3 November with suggestions that the service will be rolled out to further major markets if successful. It will operate via Zara’s own website…
ASOS in talks to boost finances, is confident of good result ASOS has moved to reassure the markets following reports about its financial situation and issued a statement at the weekend that it repeated in a stock exchange release on…
Joules’ talks with Next hit hurdle Struggling retailer JoulesNext Joules In its 19 August trading update, Joules admitted that recent trading has “softened materially” and H1 profits would be hit. The two companies have since failed to agree the terms…
