EBay opens streetwear store in New York The store features streetwear and footwear from luxury and athletic brands, including Nike, New Balance, Louis Vuitton and Bape.
True Classic launches its first company-owned store With the launch of its own outlet, True Classic will continue to invest in retail sales channels.
Crocs surpasses $1 billion in Q3 revenue, while HeyDude lags behind Crocs increased its revenue by 6.2% in the third quarter and crossed the $1 billion mark.
Arket presents new flagship in Brussels Scandinavian brand Arket, owned by H&M Group, has opened its flagship store in Brussels.
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Walmart to invest $9 billion to renovate 1,400 stores Walmart announced plans to invest over $9 billion to renovate and modernize more than 1,400 stores in thirty states.
Simon Property Group sells stake in Forever 21 operator Simon Property Group has sold a stake in Sparc, the operator of international fashion brands.
Skims becomes NBA’s official underwear partner The brand will leverage the massive communities of the basketball associations.
Samsung sees a sharp 40% drop in profits South Korean electronics maker Samsung Electronics' net profit fell 37.8% year-on-year to $4.3 billion.
Shein and Forever 21 unveil co-branded clothing line Chinese fashion giant Shein is further developing its partnership with US brand Forever 21.