Ban On Parallel Imports Lifted As Russia Seeks To Mitigate Sanctions’ Impact

With many global brands and retailers rushing to exit Russia, the Russian government has given the go-ahead to restoring unauthorised imports.In response to the...

McKinsey: Off-Price Retail Fuels Fashion Growth In Europe

Off-price retail is increasingly becoming an important source of growth for the fashion sector as inflation has hit a high post-pandemic, the new study...

US Retailers Vie For A Share Of Consumer Spend

With inflation threatening to weigh on consumer demand, particularly among low-to-middle-income consumers, Macy’s says more shoppers could be faced with a consequential choice: Head...

UK Retail Footfall Improves In March

The number of shoppers visiting UK stores has continued to return – gradually – towards pre-pandemic levels in the first month free of Covid-19...

UK Retail Sales Fell In February, But Fashion Sales Up

UK retail sales dropped slightly in February as geopolitical uncertainty and inflation dampened consumers' desire to spend, though sales for clothing and footwear were...

NRF Forecasts Annual Retail Sales To Grow Between 6-8%

The National Retail Federation anticipates that retail sales will grow between 6-8% to more than US$ 4.86 trillion in 2022. The announcement was made during NRF’s annual State of...

UK Consumer Confidence Tumbles To 13-Month Low On Inflation Fears

Consumer confidence in the UK fell in February to its lowest level in more than a year as Britons' expectations for the next 12...

US January Retail Sales Showed Strong Gains

US retail sales powered through Covid-19’s omicron variant, inflation and other challenges to post strong increases in January, the National Retail Federation said.“January’s numbers...

Retail Import Growth Levels Out But Volume Remains High

After a year of unprecedented increases, imports at the nation’s major retail container ports are expected to return to normal growth rates in 2022...

Ralph Lauren Set To Meet Holiday Demand Despite Higher Supply Chain Costs

Ralph Lauren Corp said it expects to face higher shipping and commodity costs in the next few months as the high-end apparel maker is...

Most Viewed News

Event News

Shares