05 September 2023
05 September 2023
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As Gap China's owner Baozun acquires a majority stake in British footwear brand Hunter for Greater China and Southeast Asia, an industry expert believes the royal warrant-holding footwear brand could use a much needed "diversification" to stay relevant.
The BRC-KPMG Retail Sales Monitor (RSM) reports clothing and footwear saw weaker sales growth despite consumer confidence increasing as inflation remains dominant with families holding back on spending.
US employees of Swedish fashion retailer H&M choose to support Slow Factory’s five-year commitment plan to tackle “human rights and climate justice”.
Wood-specialty fibre company Lenzing Group has completed the upgrade of its Indonesia site to boost its production of specialty fibres while reducing carbon emissions.
The Apparel Textile Sourcing Canada Show (ATSC) celebrated a substantial increase in traffic at its recent event, having booked a 150% increase in preshow registration.
US womenswear clothing retailer J.Jill has booked lower net profit for the second quarter (Q2) as sales slowed during the start of the period.
US footwear company Caleres has reiterated its full-year sales and adjusted earnings per share outlook after an underwhelming performance in Q2 due to a "choppy macro environment".
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As ecommerce experienced booming growth during the COVID-19 pandemic, retailers accelerated their digitalization strategies to keep up with demand. The cloud has become an important model for delivering and maintaining enterprise IT resources. Many retailers have developed in-house cloud divisions that will allow them to better exploit the cloud’s capabilities. However, for those players that do not have the necessary skills in-house, the cloud can pose some significant challenges.
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