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Joyce Abano
Articles
JC Penney to exit home appliance business
Struggling department store chain JC Penney announced it will exit its home appliances business, and some of its furniture business.
H&M profit drops due to online investment
H&M profit dropped in the year to November 30, the Swedish fast-fashion retailer blaming investment in its online business for the decline.
Sears avoids bankruptcy
Sears Holdings chair Edward Lampert’s US$5.2 billion bid to save 425 Sears and Kmart stores and roughly 45,000 jobs from liquidation.
Alibaba helps the blind shop online
E-commerce giant Alibaba has developed new technology to make it possible for blind and partially sighted people to shop online.
The top retail trends in China
Reinventing bricks-and-mortar stores and engaging in enterprise-wide digital transformation are vital in 2019, a study by Fung Business Intelligence reveals.
Zara parent hit by unusually warm weather
Zara owner Inditex has posted slow like-for-like sales growth due to the unusually warm autumn and adverse currency moves.
H&M launches gender-neutral collection
Fashion giant H&M has teamed up with Swedish streetwear brand Eytys to launch a gender neutral fashion collection.
Macy’s, Facebook bring e-commerce brands to Life
US department store chain gives floor space to online-only brands.
Victoria’s Secret’s CMO apologises for transgender comment
Luxury exec says “we absolutely would” cast a transgender model.
Alibaba expects mega-shopping event to top previous ones
Last year’s event brought in $25.3 billion in gross merchandise value.
Michael Kors acquires Versace for US$2 billion
Michael Kors plans to expand the Italian label to 200 to 300 stores.
