Bondholders Approve Saks Global’s Five-Year Business Plan
Saks is moving towards exiting bankruptcy and tapped an additional $300 million of its Chapter 11 financing package.
Toronto, Canada
Technology
At Tulip, Analysing Omnichannel Data to Transform the Shopping Experience
The mobile retail technology solutions firm digitises the in-person retail experience, enabling data to be shared across a business, creating insights that equip retailers with the tools to respond to evolving consumer behaviours.
At Tulip, Analysing Omnichannel Data to Transform the Shopping Experience
The mobile retail technology solutions firm digitises the in-person retail experience, enabling data to be shared across a business, creating insights that equip retailers with the tools to respond to evolving consumer behaviours.
Retail
How an Exodus from Cities Will Reshape Retail
The work-from-anywhere revolution will accelerate the coming of a post-digital age for shopping, argues Doug Stephens of Retail Prophet.
How an Exodus from Cities Will Reshape Retail
The work-from-anywhere revolution will accelerate the coming of a post-digital age for shopping, argues Doug Stephens of Retail Prophet.
Retail
Canada Goose Expects Little Revenue in Current Quarter
Sales fell nearly 10 percent to C$140.9 million in the fourth quarter ended March 29.
Canada Goose Expects Little Revenue in Current Quarter
Sales fell nearly 10 percent to C$140.9 million in the fourth quarter ended March 29.
Retail
Canada Goose Lays Off 125 Workers
The outerwear brand has cut 2.5 percent of it global workforce in a bid to mitigate the financial losses caused by the pandemic, just months after suspending the long-term outlook for the year.
Canada Goose Lays Off 125 Workers
The outerwear brand has cut 2.5 percent of it global workforce in a bid to mitigate the financial losses caused by the pandemic, just months after suspending the long-term outlook for the year.
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Retail
On the Frontlines of Retail There Are No Heroes, Only Victims
Most retail workers are woefully underpaid, stripped of rights and treated as interchangeable parts in a global retail machine, writes Doug Stephens of Retail Prophet.
On the Frontlines of Retail There Are No Heroes, Only Victims
Most retail workers are woefully underpaid, stripped of rights and treated as interchangeable parts in a global retail machine, writes Doug Stephens of Retail Prophet.
Marketing
Why Branding Matters Now More Than Ever
As the coronavirus crisis deepens, companies are slashing advertising budgets but branding never goes on pause, writes Doug Stephens of Retail Prophet.
Why Branding Matters Now More Than Ever
As the coronavirus crisis deepens, companies are slashing advertising budgets but branding never goes on pause, writes Doug Stephens of Retail Prophet.
Retail
Canadian Brands Hope to Cash In on the 'Meghan Effect'
Experts speculate that the Sussexes’ move to North America could bolster the country’s fashion industry by spotlighting homegrown labels.
Canadian Brands Hope to Cash In on the 'Meghan Effect'
Experts speculate that the Sussexes’ move to North America could bolster the country’s fashion industry by spotlighting homegrown labels.
Retail
Do Stores That Don't Sell Anything Really Work?
Canada Goose's new store has a simulated avalanche, but no coats to buy. Will its bet on experiential retail pay off?
Do Stores That Don't Sell Anything Really Work?
Canada Goose's new store has a simulated avalanche, but no coats to buy. Will its bet on experiential retail pay off?
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Retail
In Brands We Trust: Why Companies Are the New Communities
Brands have a powerful opportunity to fill the void in belonging and meaning left by the decline of religion and eroded faith in government.
In Brands We Trust: Why Companies Are the New Communities
Brands have a powerful opportunity to fill the void in belonging and meaning left by the decline of religion and eroded faith in government.
Retail
Canada Goose Earnings Exceed Wall Street Expectations
The Toronto-based company reported a 27.7 percent jump in revenue to $222.2 million.
Canada Goose Earnings Exceed Wall Street Expectations
The Toronto-based company reported a 27.7 percent jump in revenue to $222.2 million.
News & Analysis
Canada Goose Misses Margins on Higher Sales of Less Profitable Clothes
As the luxury apparel maker sold more of its light-weight spring season clothes, which are not as profitable as its $1,000 parkas, quarterly gross margins missed estimates.
Canada Goose Misses Margins on Higher Sales of Less Profitable Clothes
As the luxury apparel maker sold more of its light-weight spring season clothes, which are not as profitable as its $1,000 parkas, quarterly gross margins missed estimates.
Retail
The Most Important Metric in Retail
Retail’s most important metric is something most retailers aren’t even paying attention to.
The Most Important Metric in Retail
Retail’s most important metric is something most retailers aren’t even paying attention to.
The News in Brief
Luxury Stocks Face Most Bearish Sentiment in Years, UBS Says
War in the Middle East, the luxury industry’s fastest-growing market, threatens to delay a long-expected rebound in demand.
Trump Signs Order to Combat Fraudulent ‘Made in America’ Labels, White House Says
The executive order directs the FTC chairman to prioritise enforcement of existing laws against sellers and manufacturers who falsely claim products are made in America.
Lanvin Deputy CEO Siddhartha Shukla Exits Brand
Owner Lanvin Group said it is ‘fully committed’ to the French label’s development under creative director Peter Copping, with CEO Andy Lew in charge of management.
Ulta Beauty Forecasts Annual Profit Below Estimates
Shares declined in after-hours trading as the beauty retailer expressed a cautious outlook for 2026.
Exclusive: Brita Invests in Shower Filter Firm Hello Klean
The German water filtration firm has acquired a minority stake in Hello Klean, which sells shower heads it claims mitigate the effects of hard water.
AII Launches Industry-First Tool Standardising Measurement of Carbon Emissions
The new tool published by the climate-focused nonprofit aims to create a standardised benchmark across textile facilities to accelerate fashion’s efforts to decarbonise.
Marco De Vincenzo Exits Etro
The creative director’s departure after four years was a decision of ‘mutual agreement’ according to the Italian label.