Shares of Australian shopping mall giant Westfield Corp rose as much as 15% on Wednesday, their biggest single-day gain, after the company said it would accept a $16 billion takeover offer from France’s Unibail-Rodamco.
Retail giant Inditex isn’t immune to fashion’s negative trends, but the company is certainly doing better than many, saying Wednesday that net sales in the first nine months of the year were up 10% and profit was up 6%.
Activist investor Land and Buildings on Tuesday reiterated that Canadian department store operator Hudson’s Bay Co’s real estate assets were worth substantially more than the company’s current market valuation.
Pointy, a Dublin-based firm, is solving the problem of how to make it easier for people to find products they want close to home, as shopping online gets easier but locating what you want locally remains elusive.
Adidas has agreed to an out-of-court settlement in a recent trademark case arising from the brands' long-term disputes concerning Adidas' allegations that Forever21 is wrongfully using the registered "three stripe" mark.
LA Fashion Catwalk is a new fashion event carving out a spot in the Guinness Book of World Records in Los Angeles in April 2018 for hosting the world's longest fashion runway, coming in at just under 2 miles in length.
River island has launched gender-neutral kidswear with the tagline “Kids just want to be kids” as more brands seek to appeal to parents who disagree with strict gender lines in the clothes they buy for their families.