Nike has opened “House of Innovation” store in Paris Nike has announced the opening in Paris of its third flagship store, House of Innovation, in the heart of the city.
Huawei has become the leader in the smartphone market for the first time in its history. According to the latest data, the Chinese company Huawei managed to bypass Samsung in the smartphone market and take first place in the rankings.
Profits for the owners of Louis Vuitton and Dior fell by 84% The CFO of LVMH complains that "planets have lined up against" the luxury conglomerate.
The list of the most expensive brands in the world now includes Nintendo and Burger King The cost of the 100 most expensive brands in the world increased last year from $2.33 to $2.54 billion.
McDonald’s plans are to close 200 restaurants by the end of the year Half of the places scheduled for closing are inside Walmart stores.
Baskin-Robbins and Dunkin’ Donuts are performing a digital transformation Dunkin' Brands Group has announced the creation of a new position of Director of Digital Technology and Strategy.
During the quarantine, the mall turned the parking lot into a restaurant space The ban on restaurants forced the mall to take an unusual step to allow guests to dine right in the multi-level parking lot.
The owner of Ann Taylor, Loft and Justice stores went bankrupt Ascena will close most of the Justice stores, as well as individual Ann Taylor, Loft, Lane Bryant, and Lou & Grey stores.
Retailers are launching a war on disposable plastic bags Walmart, Target, and CVS Health combine to create an alternative to traditional disposable plastic bags.
Disney rescheduled Star Wars and Avatar and canceled the premiere of Mulan Movies from "Star Wars" saga and the continuation of "Avatar" viewers will be able to see only a year from the scheduled date.
Back-to-school spending will increase due to the need for medical masks and sanitizers In addition to notebooks and backpacks, this year's school shopping will also be complemented by personal protection items.
Nordstrom is focused on developing new formats The American chain of department stores is reviewing its development strategy in the face of changing market conditions.
