In December 2023, the UK retail sector experienced a notable slowdown in growth, with total sales registering a 1.7 per cent increase, a significant dip from the 6.9 per cent growth observed in the same month of the previous year (2022). This figure not only fell below the three-month average growth of 2.3 per cent … Read more
PARIS — Jacquemus has named former LVMH Moët Hennessy Louis Vuitton executive Mélissa Ait-Ouakli commercial director, effective Tuesday, signaling continuity in the French independent brand’s retail strategy following the surprise departure of its chief executive officer. In the new position, Ait-Ouakli will oversee the e-commerce, retail, wholesale and client experience divisions and will report directly … Read more
Ken Bennett, an avid hiker and recreational hockey player, wanted a cereal packed with protein. So last month, he picked up Kellogg’s Vector. Bold lettering on the box declares that it has “high protein” — more specifically, that it “provides 13 g of protein” per serving. “[It’s] actually pretty high for a breakfast cereal. That’s why I bought it,” said … Read more
The investment landscape for fashion and consumer companies has see-sawed dramatically over the past few years, tipping from a growth-at-all-costs mentality to a laser focus on the bottom line. While the new emphasis is welcomed by many, it’s also prompting companies to reprioritize, reposition and maybe even merge to compete. Enter investment adviser M. Klein … Read more
LAS VEGAS, 6. Januar 2024 /PRNewswire/ — Die Welt ist jetzt Ihr Heimkino. Sylvox, das bereits in mehr als 100 Ländern unglaubliche Fernseher für den Außenbereich anbietet, setzt mit einer Reihe von neuen Innovationen wieder einmal neue Maßstäbe. Die Produktpalette von Sylvox umfasst intelligente Fernseher für den Außenbereich, intelligente tragbare, wasserdichte Fernseher, intelligente Küchenfernseher, intelligente … Read more
SHENZHEN, China , Jan. 6, 2024 /PRNewswire/ — Tech and mobile accessories wholesaler TVCMALL will attend the 2024 Consumer Electronics Show (CES) from January 9-12 in Las Vegas, NV. Representatives from TVCMALL will be present to showcase the company’s selection of tech-focused products as well as its holistic B2B services, including product and packaging customization, sourcing, and dropshipping. … Read more
The Vancouver outdoor company Arc’teryx has won a temporary injunction barring Adidas from using the name “Terrex” on a Kitsilano store, in what a judge has described as a David vs. Goliath battle over trademark infringement. Arc’teryx’s parent company, Amer Sports Canada, filed suit against the international sports apparel giant last year over the signage … Read more
Statistics Canada says the total number of jobs in December was virtually unchanged for the month as the unemployment rate held steady at 5.8 per cent. The agency says the economy added a total of 100 jobs for the final month of the year. The result came as the number of full-time jobs fell by 23,500 in December, offset … Read more
Walmart Canada says it is abandoning plans to open a new fulfilment centre in Quebec. The U.S. retail giant was due to spend $100 million on the facility slated for the Montreal-area municipality of Vaudreuil-Dorion. It was expected to open early this year. Walmart Canada spokesperson Sarah Kennedy confirmed the change of plans in an … Read more
MILAN — LuisaViaRoma said Thursday it has acquired Holding IT, the firm helmed by Tommaso Maria Andorlini, who was appointed chief executive officer of the Florentine luxury retailer in July. Holding IT is the parent company of FFW Srl, which has created and managed e-commerce sites for fashion brands since 2011, and Playground Srl, which operates … Read more
