Latest International News - Inside Retail NZ
Inditex plans to close up to 1200 smaller stores globally as it invests more than €2.7 billion in expanding its online capacity and large-format stores.
In Australia, where stores remained open, sales were up over 17 per cent, but in markets that forced stores to close, sales fell significantly.
Black Lives Matter protesters in Minneapolis (Photo by Josh Hild on Unsplash) Fresh cosmetics company Lush has a track record of speaking out on issues that many businesses tend to avoid, such as climate change, marriage equality and animal testing, for fear of alienating their customers.
What the world’s second largest clothing firm is working on now.
Cotton On, Aesop, The Iconic, Lush, Camilla and Quay are just some of the Australian businesses that have posted messages of support for the Black Lives Matter movement following the death of African-American man George Floyd in police custody last week. …
Brands will open the doors to each other’s suite of sustainable innovations to set a new industry standard.
Fashion brand expands international presence.
L Brands confirms the deal with private-equity company Sycamore Partners was cancelled and it now plans to spin the business off.
How global retailers are responding to the COVID-19 crisis.
Furniture retailer’s investment arm Ingka buys US-based AI innovator Geomagical Labs
The clean economy has been hit hard by the coronavirus outbreak, impacting investments in renewables and the electric vehicle industry.
The retailer is standing down store staff, renegotiating rents, cancelling inventory and more.