Rampant looting effects garment stores in South Africa
Recent prevalent looting in two of the most crowded South African provinces caused substantial damage to around 1692 clothing stores. And major retailers sourcing impacted,
Tag : Retail
Ralph Lauren accelerating Next Great Chapter plan by reducing 15% its workforce
US apparel giant Ralph Lauren Corp. is restructuring its global operations for sustainable long-term growth. And the brand will reduce 15% of its workforce along
Declaring bankruptcy by brands: Need a fair and ethical business model
Businesses can easily be compared to a roller coaster ride full of emotions and stresses. One of the main responsibilities that befalls upon a business
US childrenswear retailer TCP cancels millions of dollars of apparel orders from Ethiopia
The Largest US children’s wear retailer, The Children’s Place (TCP), blames COVID-19 for move from Ethiopia, as employees say they are struggling for even food
Camaïeu’s attempt to declare themselves bankrupt brings anxiety among suppliers
Need to avoid the one-way business interests-Rubana Huq Camaïeu was founded in northern France in 1984, was active in 21 countries and operates nearly 900
Decathlon leading Indian market in sports gear retailing
Decathlon is leading the Indian market with the highest revenue overtaking Adidas, Nike in sports gear retailing. Decathlon has also become India’s second-largest single-brand retailer
Off-price retailers to thrive in future
Off-price retail business will thrive in the coming days, when retailer giants are overwhelmed with unwanted inventory, stocks, significant order cancellations due to the ongoing
US retailers announce to close 6,500 stores by 2019
A great number of US retailers announced to close their stores – nearly 6,500 in this year. According to a recent report by Coresight Research,
UNIQLO to launch its first store in India
UNIQLO, the Japanese apparel retailer, will launch in India with the opening of its first store in Delhi next year and mark the brand’s entry
