Consumer spending dropped in April, according to Visa’s UK Consumer Spending Index, with a 2% dip year-on-year, matching the decline seen in March, while the fashion sector saw its steepest fall for six months.
Walmart Inc said in a filing with a U.S. regulator that it may take India’s Flipkart public in as early as four years, detailing for the first time a potential listing timeline for Walmart’s largest-ever acquisition.
Amorepacific has opened its first beauty pop-up in NYC. The space features Korean beauty, fragrance, color and skincare products as well as meet and greets with beauty experts, on-site treatments, and product sampling.
The rebooted American Apparel, owned by Canadian company Gildan Activewear Inc., will be opening its first LA store in the same place on Melrose as its old location before it filed for bankruptcy last year.
United Legwear & Apparel Co., LLC, the NY-based manufacturer and distributor of licensed apparel and accessories for brands such as Puma, Champion, and Skechers, has launched a private brand called Fun Socks.
Sears shares jumped 16 percent on Wednesday after the company announced a tyre service partnership with Amazon, part of Chief Executive Officer Edward Lampert’s strategy to make the troubled retailer profitable again.
Chelsea’s King’s Road is seeing plenty of pop-up activity this month, including first time pop-up Rich Fashion, plus lifestyle brand Ville & Campagne and childrenswear retailer Four Fairies & A Prince.
Walmart's online delivery partnerships with ride-hailing services Uber and Lyft have ended, according to two sources, a potential setback for the retailer’s ambitions to challenge Amazon head-on with speedy delivery.