Nike, American Eagle, and Amazon are among the most popular brands for teens in the U.S. Nike increases its market share, while Adidas drops back to No. 5 in popularity and its worst result for the German brand in four years.
Media Markt is closing stores en masse and reducing staff E-commerce is growing and thriving, while sales in physical stores are declining.
The famous AEON MALL Kawaguchi opens after renovation The mall has opened with its new look in the "Kawaguchi Green Park" concept.
Skechers responded to ethnic conflict in China In an audit, the manufacturer did not disclose its use of forced labor.
H&M has used cactuses instead of leather in a new eco-collection The collection is called "Science Stoty" and includes clothes made from natural or recycled materials.
Eighty thousand stores are expected to close in the U.S. By 2026, the retail market will lose about 9 percent of all retail stores.
Fashion brand Scotch & Soda updated its corporate identity and announced an expansion Amsterdam-based brand Scotch & Soda has updated its corporate identity and announced plans to open 15 stores and showrooms in the next six months.
LG is stopping the production of smartphones Smartphone production will stop entirely after July 31, 2021.
Amazon will start electronics and household goods discounter stores Online-retailer plans to sell it's in such outlets with significant discounts.
Walmart, H&M, and IKEA will suffer losses caused by the blockage of the Suez Canal Many retailers from around the world have reported problems resulting from the Suez Canal blockage.
H&M reports a more than 20% drop in sales Due to lockdowns in various countries, more than 1,800 stores of the Swedish retailer were closed during the winter months.
Amazon opens a 4-star store in the American Dream megamall The store features merchandise rated four stars or more by shoppers.
