Moody’s: Retail Defaults To Ease In 2021; Leveraged Retailers Remain Vulnerable

There is good news and bad news for the US retail industry when it comes to defaults and bankruptcies.The default rate in retail and...

Mastercard: US Retail Sales Up 26.3% In March, One Year Since First Lockdown

The infusion of stimulus payments, coupled with the broader reopening across the country, gave a boost to US retail growth in March as the country...

UK Retail Footfalls Recover Ahead Of Reopening

Covering the five weeks 28 February 2021 – 03 April 2021For the UK, 2020 was a turbulent year in which much of retail bounced...

Levi Strauss Raises Sales Growth Outlook On Vaccine Rollout Hopes

Levi Strauss & Co has raised its half-year revenue growth forecast, banking on Covid-19 vaccine rollouts to spur a return to normalcy, after the...

US Retail Import Surge Expected Through Summer

The unprecedented surge of imports at retail container ports that began last summer is expected to continue at least through the end of this...

Global Brands Find It Hard To Untangle Themselves From Xinjiang Cotton

Faced with accusations that it was profiting from the forced labour of Uyghur people in the Chinese territory of Xinjiang, the H&M Group -...

H&M Forced To Shut 20 Stores In China

Swedish fashion retailer H&M was forced to close 20 stores in China following its statement on forced labour in Xinjiang. Recently, several companies including...

Apparel Retail Business Recovery On Expected Lines: Ind-Ra

India Ratings and Research (Ind-Ra) has assigned the apparel retail sector an improving outlook for FY22. After a complete washout in 1QFY21, and the...

Spanish Unions Cry Foul As Inditex Shuts Stores

Inditex plans to shut down 1200 stores worldwide, leaving many of its staff jobless. The world's biggest clothes retailer is closing smaller outlets while...

UK Retailers On Way To Cutting Carbon Emissions In Half

Leading UK retailers have been making significant progress in reducing their impact on the environment. This includes reducing absolute carbon emissions by 45%, far...

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