Guess plans to close 100 stores worldwide The U.S. retailer plans to close a tenth of all retail outlets within 18 months.
After the pandemic, stores and warehouses are awaiting total robotization Warehouse robot maker Locus Robotics was able to raise additional funds and is ready to enter new markets.
Starbucks will change forever: a new concept for the coffee chain is presented Starbucks will focus on developing a mobile application and increasing the number of drive-thrus and drop-off points.
Adidas will give 30 percent of its new jobs to black and Latinx workers The company will invest heavily in the Black Lives Matter campaign.
The rejection of businesswear has put fashion brands on the verge of bankruptcy The sharp decline in consumer interest in office clothes has caused difficulties for a number of brands.
Chanel first presented its cruise collection online After the cancellation of all fashion shows due to the pandemic, Chanel's Cruise Collection 2021 was the first virtual world-class show.
Reebok is breaking off its partnership with CrossFit The reason for this was a careless comment by CrossFit CEO Greg Glassman on the protests in the United States.
The deal between LVMH and Tiffany & Co. may not take place The largest deal in the history of luxury - the purchase of the jewelry brand Tiffany & Co. by LVMH holding - may not take place.
Walmart stores will retain restrictions on customers for a long time Walmart representatives said that some of the restrictions imposed by the pandemic would be extended indefinitely.
Adidas sales growth after the pandemic has exceeded expectations The company expects a return to pre-crisis indicators by the end of the second quarter.
Gap has been sued for $66 million in unpaid rent Simon Property Group, the largest landlord in the United States, has filed a claim for almost $66 million in unpaid rent.
The first virtual fashion show will be supported by Prada The live online broadcast of the fashion show will showcase models and clothing created using 3D technology.