Latest International News - Inside Retail NZ

Kathmandu looks to reduce costs amid health crisis

The retailer is standing down store staff, renegotiating rents, cancelling inventory and more.

Inditex shutters 3800 stores worldwide

Spanish apparel retailer temporarily shutters almost 3800 stores in 39 markets internationally in the midst of the coronavirus outbreak.

H&M quarterly sales negatively impacted by coronavirus outbreak

Fast fashion giant shutters stores in Europe and the US.

Kathmandu initiates pandemic plan on falling footfall, overseas closures

Travel-wear business to reduce operating expenses and labour costs.

Flatten the curve: The retailers shutting up shop for public safety

With the spread of coronavirus ramping up, some retailers are intentionally ramping down.

AuMake temporarily shutters stores amid tourist travel bans

While its physical business struggles, AuMake’s online business is performing at record pace.

Pandora cuts 180 staff from regional offices in global reorg

The restructure is is expected to cost more than $300 million.

ASOS completes carbon strategy, emissions down 30 per cent

ASOS has seen three years straight of carbon reduction per order.

Mosaic survives bushfires, uncertain of virus impact

Mosaic Brands grew EBITDA and net profit for the first half.

Goldman Sachs’ push for board diversity doesn’t go far enough

Research shows women make company boards more innovative – and the more, the better.

Scentre Group profit almost halves, shares tumble

Profit plunged to $1.23 billion after revaluations dragged figure down.

Menswear brand Rodd & Gunn expands US footprint

New Zealand brand to open two new stores in the US this year.