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Rixo turns pop-up store in NYC into permanent store


Rixo turns pop-up store in NYC into permanent store

Rixo – the vintage-inspired British label that opened a pop-up store in New York City this spring – seems to have had a good experience in one of the world’s fashion capitals, as it is now making the store a permanent location. Rixo The store at 19 Prince Street will officially be converted into a […]

Rixo turns pop-up store in NYC into permanent store


Rixo turns pop-up store in NYC into permanent store

Rixo – the vintage-inspired British label that opened a pop-up store in New York City this spring – seems to have had a good experience in one of the world’s fashion capitals, as it is now making the store a permanent location. Rixo The store at 19 Prince Street will officially be converted into a […]

JD.com announces share buyback program in response to Walmart’s exit plans


JD.com announces share buyback program in response to Walmart’s exit plans

Translated by Nicola Mira Published 28 August 2024 On Tuesday, Chinese e-commerce specialist JD.com announced that its board had approved a new share buyback program worth $5 billion (€4.48 billion). The program is set to begin in September and will allow the Chinese e-commerce giant to buy back a significant portion of its capital over […]

The Row opens its first store in Paris


The Row opens its first store in Paris

The Row is settling permanently in the French capital. Founded in 2006 by sisters Mary-Kate and Ashley Olsen, former child stars of American television, the luxury brand for men and women is planning to open its first flagship store in Paris, a stone’s throw from the chic Rue Saint-Honoré. The store will be located at […]

M&S changes direction with test of a pure clothing store


M&S changes direction with test of a pure clothing store

M&S’s recent focus has been on closing full-range clothing stores and concentrating on food-only stores. But now there are signs of a possible change in strategy: the company wants to test a store that only sells fashion and cosmetics, not food. M&S’ highly acclaimed collaboration with Sienna Miller The standalone store will open under the […]

Wal-Mart is banking on success in Latin America with its US online strategy


Wal-Mart is banking on success in Latin America with its US online strategy

From Reuters Published 13 June 2014 Fernando Madeira comes to his new job as head of Wal-Mart Stores’ online business with a reputation as an e-commerce expert after overseeing a significant increase in the retailer’s online sales in Latin America. In his expanded role, the Brazilian business veteran faces an even more demanding challenge: He […]

Walmart aims to earn up to $3.74 billion by selling its JD.com stake


Walmart aims to earn up to .74 billion by selling its JD.com stake

From Bloomberg Published 21 August 2024 ​Walmart Inc. is seeking to raise as much as $3.74 billion by selling its stake in Chinese e-commerce company JD.com Inc., people familiar with the matter said. Bloomberg The U.S. retailer is offering 144.5 million shares in a price range of $24.85 to $25.85, said the people, who asked […]

Three generations of hairdressers keep the tradition alive in the Fort Collins shop


Three generations of hairdressers keep the tradition alive in the Fort Collins shop

When Lou Reynolds entered Toni’s Barber Shop one Friday morning, he was quickly immersed in the “Twilight Zone” – or at least that’s what hairdresser Nickole Harders called it. Harders, 47, was referring to the shop’s recent renovation. After a decade at 130 W. Olive St., the old blue carpeting and linoleum were replaced with […]

Walmart aims to earn up to $3.74 billion by selling its JD.com stake


Walmart aims to earn up to .74 billion by selling its JD.com stake

From Bloomberg Published 21 August 2024 ​Walmart Inc. is seeking to raise as much as $3.74 billion by selling its stake in Chinese e-commerce company JD.com Inc., people familiar with the matter said. Bloomberg The U.S. retailer is offering 144.5 million shares in a price range of $24.85 to $25.85, said the people, who asked […]

Coty misses sales forecasts due to subdued retail orders and Lacoste license sale


Coty misses sales forecasts due to subdued retail orders and Lacoste license sale

From Reuters Published 21 August 2024 Coty, the parent company of CoverGirl, missed fourth-quarter sales expectations on Tuesday. The group was hit by the sale of the Lacoste perfume license and controlled orders from cautious retailers, which slowed growth in the prestige and mass fragrance segment. CoverGirl The decision to sell the Lacoste license back […]