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.
Minneapolis, United States
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Retail
Target's Online Sales Surge Eases Coronavirus Pain
Despite an online comparable sales jump of 141 percent, net profit fell 64.3 percent in the first quarter.
Target's Online Sales Surge Eases Coronavirus Pain
Despite an online comparable sales jump of 141 percent, net profit fell 64.3 percent in the first quarter.
Retail
Target's Online Sales Jump as Shoppers Stock Up From Home
The big box retailer expects to gain market share in apparel as competitors struggle.
Target's Online Sales Jump as Shoppers Stock Up From Home
The big box retailer expects to gain market share in apparel as competitors struggle.
News & Analysis
Target Takes on Sephora and Ulta With a Revamped Beauty Section
Target is updating its beauty section to showcase independent and homegrown brands, in a bid to win over young shoppers from specialty retailers.
Target Takes on Sephora and Ulta With a Revamped Beauty Section
Target is updating its beauty section to showcase independent and homegrown brands, in a bid to win over young shoppers from specialty retailers.
Retail
Target Quarterly Results Trounce Estimates on Higher Online Sales
The American retailer has been spending more on its same-day delivery with services in a bid to better compete with rivals Amazon and Walmart.
Target Quarterly Results Trounce Estimates on Higher Online Sales
The American retailer has been spending more on its same-day delivery with services in a bid to better compete with rivals Amazon and Walmart.
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News & Analysis
University Student Sues JD.com CEO with Rape Allegation
Jingyao Liu, a 21-year-old University of Minnesota student at the time of the incident, charged the Chinese company and its employees played a key role in the alleged rape by CEO Richard Liu.
University Student Sues JD.com CEO with Rape Allegation
Jingyao Liu, a 21-year-old University of Minnesota student at the time of the incident, charged the Chinese company and its employees played a key role in the alleged rape by CEO Richard Liu.
Retail
Target Raises Minimum Wage to $13 an Hour
The retailer is increasing its payroll costs and putting new pressure on rivals like Walmart to attract retail workers in a tight labour market.
Target Raises Minimum Wage to $13 an Hour
The retailer is increasing its payroll costs and putting new pressure on rivals like Walmart to attract retail workers in a tight labour market.
Retail
Target Shares Jump due to Improved 2019 Forecast
The retailer predicted a full-year adjusted profit above Wall Street estimates after better-than-expected holiday quarter results.
Target Shares Jump due to Improved 2019 Forecast
The retailer predicted a full-year adjusted profit above Wall Street estimates after better-than-expected holiday quarter results.
Retail
Target's Online Push Pays Off, But Profit Misses Forecasts
Digital revenue rose 28 percent after the chief executive made e-commerce a key part of his $7 billion turnaround plan.
Target's Online Push Pays Off, But Profit Misses Forecasts
Digital revenue rose 28 percent after the chief executive made e-commerce a key part of his $7 billion turnaround plan.
The News in Brief
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.
Exclusive: Akt London Enters Sephora
The UK label will roll out its hero deodorant to Sephora US doors and launch its full assortment online as the LVMH-owned retailer expands its body care offering.
Zalando Forecasts 2026 Profit Jump Driven by AI Boost
The European retailer forecast a rise in full-year adjusted operating profit and announced a share buyback, citing the productivity and cost-saving benefits of AI.
Lululemon Founder Warns CEO Candidates That Board Needs Overhaul
Chip Wilson wrote an open letter to potential candidates for the activewear brand’s next chief executive warning them of problems at the company.