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Nike opens data-driven store in Los Angeles

Nike has developed Nike Live, a new store concept that will be inspired by and built as a hub for its local NikePlus members. The first one, Nike by Melrose, opened its doors on July 12 at 8552 Melrose...

Fourth quarter revenue of NIKE increases 13 percent to US $9.8 billion

NIKE, Inc. has reported financial results for its fiscal 2018 fourth quarter and full year ended May 31, 2018. Fourth quarter revenue increased 13 percent to US $9.8 billion driven by strong double-digit revenue growth in international markets and NIKE...

Enrich certified as world’s first ‘Trusted Salon’

Enrich Salons received a round of applause from the retail and shopping centre industry captains at a glittering function at Renaissance, Powai Mumbai on April 11, 2018 where it was officially awarded the ‘Trusted Salon’ certificate for having successfully...

M&S overhauls fashion and home leadership team in a bid to be more relevant

Marks & Spencer has unveiled a new clothing and home leadership team that will be responsible for overhauling the retailer’s non-food division as part of its transformation plan. Marks & Spencer said that the menswear & kidswear director, Michael Kerr,...

Nike brand president resigns, workplace behaviour under scrutiny

President of Nike brand Trevor Edwards has resigned from Nike Inc. and will retire in August, amidst reports regarding internal complaints of workplace behaviour. According to multiple media reports CEO Mark Parker wrote in an internal memo that he will...

Nike pre-releases Air Jordan III ‘Tinker’ on Snapchat; sells off in 23 minutes

Nike pre-released its Air Jordan III 'Tinker' sneakers on Snapchat with same-day delivery after the NBA All-Star game. The sale was only available to attendees of a Monday afterparty following the NBA All-Star game and through a collaboration between...

Future Group to be among top 10 global fashion companies by FY19: Kishore Biyani

Retail conglomerate Future Group, which owns fashion chains like Big Bazaar, Brand Factory and Central, will be among the top 10 global fashion companies selling about 35 crore garments by FY2019, group CEO Kishore Biyani said. According to a PTI...

‘Myntra Fashion Upgrade’ offers shoppers a wardrobe makeover through a unique association with GOONJ

Myntra has announced the arrival of its latest campaign, ‘Myntra Fashion Upgrade’, a four-day event, beginning on November 21. This is the 2nd edition of Myntra’s Big Fashion Gig but with an interesting take. The special fair offers shoppers to...

Nike to focus efforts on just 40 retail partners

CEO, Nike, Mark Parker said at the annual Investor's Day summit that the company will focus its efforts on just 40 key retail partners.. The company currently has 30,000 retail partners with 110,000 points of distribution. The change comes as...

The Grand Venice: Creating an Italian retail destination in Greater Noida

Malls have a few things going for them that can’t be replicated online. For one, they afford customers the chance to see, touch and feel before buying, something that can’t be done through their computer or smartphone screens. Real-world...
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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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