Inditex had another good year in 2017, despite exchange rates denting its margin slightly. But its omnichannel focus drove it to higher sales and profits, and its new COO has been tasked with maintaining that momentum
French Connection is still lossmaking and margins are down but there's news to be cheerful about too as its new concept store outperforms, wholesale turnover rises, e-tail makes up a third of sales and m-commerce surges.
Swedish home furnishings firm has named Peter Betzel as the new chief executive officer for the India market. He will take over from Juvencio Maeztu who has been elevated to CFO and deputy CEO, Ikea Group.
IKEA Group, the world's biggest furniture retailer, will maintain or raise already high levels of investment in coming years as it adapts to fast-changing shopping habits, its new CFO said on Wednesday.
House of Fraser’s Chinese owner is planning to sell its majority stake in the under-performing department store chain to another Chinese entity, it confirmed on Tuesday. But it will keep a large holding in the retailer.
Beauty Palace, a cosmetics retailer for both business to business and business to customer beauty products, is expanding into East India and plans on taking advantage of the largely unorganised market in Kolkata.
The social media-fueled Grab Your Wallet campaign from 2017 is back with consumers now calling for the boycott of retailers affiliated with the NRA. Apple and Amazon are being targeted for streaming NRA TV.