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The Estée Lauder Companies to acquire Too Faced

The Estée Lauder Companies announced that it has signed an agreement to acquire Too Faced, the feminine, playful makeup brand renowned for high-quality, stylish cosmetics that consumers love. Too Faced, one of the fastest growing makeup brands in specialty-multi and...

Kenneth Cole to shut all outlets in US

Kenneth Cole Productions, a fashion house and shoe company founded more than three decades ago, is closing almost all its stores, effectively ending its run as a US brick-and-mortar chain. The New York-based retailer will shutter its 63 outlet stores...

Alibaba registers sales worth USD 17.6 billion on Singles Day

Alibaba Group, the e-commerce giant behind the 24-hour Singles' Day shopping blitz, has raked up a record US$ 17.6 billion in the Singles Day online sales, creating a new record in global retail sales for any single day. According to...

Concept store Nike Soho debuts in New York city

Nike will open its newest retail experience, Nike Soho, a five-story, multi-sport, 55,000-square-foot digitally connected store located at 529 Broadway at Spring St. in the heart of New York City’s Soho neighborhood. The new store is designed to deliver the best...

Alibaba all set to smash Singles' Day sales record

Alibaba Group Holding Ltd. is on track to smash its Singles’ Day sales record after notching almost $12 billion in sales around the half-way mark of its Singles’ Day shopathon, according to a Bloomberg report. The Chinese e-commerce giant said it racked up...

Target hires Walmart's Shekar Natarajan as SVP Network Planning

Target Corp announced on Monday that it had named Shekar Natarajan for the newly created role of senior vice president, network planning and operational design. Natarajan will oversee design of the company's direct-to-store and direct-to-customer supply chain systems and report...

Marks and Spencer to close overseas clothing stores, focus on food biz

British high street retailer Marks & Spencer (M&S) is looking to stem its losses and improve sales and efficiency by closing 30 stores in the UK. It will also retreat from 10 countries - including loss making stores in France and...

Now, Amazon to provide housekeepers, clean your house

Amazon may literally help you clean your house soon. The e-commerce behemoth might be starting a service to clean the homes of Amazon Prime members. The Seattle Times first reported job postings on the Amazon website for "home assistants" to help Amazon...

FENDI revamps and relaunches e-commerce site, Fendi.com

Fendi.com has been revamped with a fresh modern design and new interactive features. The innovated online concept includes better integrated content and e-commerce functionalities, with an easily accessible, intuitive and horizontal menu for quicker navigation. New editorial listings enhance the shopping...

Domino's to use drones to deliver pizzas in New Zealand

Domino’s Pizza and Flirtey have launched the first commercial drone delivery service in the world with a demonstration of pizza delivery by drone in Auckland, New Zealand. This will be extended to actual deliveries to customers next month. The Civil...

Tommy Hilfiger traces journey in memoir

American fashion designer Tommy Hilfiger has shared his journey in the fashion world in his memoir "American Dreamer: My Life in Fashion & Business". Hilfiger's memoir chronicles his life and career in becoming one of the world's most renowned fashion...

Kantar Retailer PoweRanking: PepsiCo top supplier; Walmart, Kroger tie for No. 1 retailer spot

PepsiCo and Coca-Cola have topped the rankings of best-in-class manufacturers in the 2016 annual U.S. PoweRanking survey released by Kantar Retail on November 03, 2016. Competition also intensified in the retailer rankings, with Walmart and Kroger finishing in a virtual...

Quiksilver appoints Franck Riboud to board of directors

Quiksilver, Inc. announced that it has appointed Franck Riboud as an independent director to its Board of Directors, effective immediately. Riboud’s appointment will expand the company’s board from four to five members. "We are thrilled to welcome Franck to our...

PREIT adds Spanish fashion retailer Zara to Cherry Hill Mall

PREIT announced a newly executed lease with Zara, one of the largest international fashion retailers, at Cherry Hill Mall. This is a first-to-portfolio retailer for PREIT and Zara's first location in suburban Philadelphia. Zara will occupy approximately 26,000 square feet...

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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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