Fashion retailer Guess Inc reported on Wednesday quarterly revenue for the holidays season that beat analysts' estimates on strong demand in Europe and Asia, sending its shares up nearly 12 percent in extended trade.
London-based resale app Depop has opened its first brick-and-mortar store in LA's Silver Lake neighborhood. This is the first store globally for the app which plans to open a second US location in NYC later this spring.
A report released by Brightpearl on Wednesday suggests that the introduction of try-before-you-buy services could spell disaster for unprepared e-commerce retailers, swamping them with returns and obliterating margins.
Britain's retail sector has turned toxic in a climate of squeezed consumer spending laced with Brexit uncertainty, but low valuations are making some stocks a tempting prospect for the brave contrarian.
New Look's CVA plan under which it will close 60 stores has received almost unanimous creditor approval, it said Wednesday. And it’s looking to the future with a new approach to pricing and faster product development.
The Canadian workout clothing brand has announced on social media the opening of its first Mexican store on Wednesday 21 March in Mexico City, almost a year after the company’s arrival in Latin America.