Goop has announced plans to expand globally with $50 million raised in Series C funding. Despite the fact that, until December, the site only shipped in the US, 35% of Goop's consumers are currently from other countries.
The Swedish company has reported 3.4 billion euros worth of apparel stocks, a volume which has risen 7% in the last year. As a number of media outlets highlight the problem, H&M continues to announce markdowns.
The report underscores the group's ambition to become one of the industry's sustainability leaders in wood-based cellulosic fibers. By 2022, the intention is to significantly reduce specific emissions.
Mongolia, supplier of about 40% of the world’s raw cashmere, hopes to boost profits in its trading of the world's most luxurious wool by opening up a new online platform for global buying via China’s Bohai exchange.
Online retailing behemoth Amazon.com Inc has cut ties with a number of Washington lobbying firms, Bloomberg reported on Friday. The changes took place about a week before Donald Trump began criticizing the e-tail giant.
Irish consumer sentiment rebounded in March, suggesting that better employment prospects are encouraging consumers to increase their spending even if they remain cautious about the general economic outlook.
With the support of Défi, the French Federation for Women’s Ready to Wear will launch a new programme with the goal of creating five pairs of start-ups that will work on solutions for omni-channel traffic.
The Arkansas-based multinational retailer has announced it will remove all 5,000 copies of Cosmopolitan magazine from its US checkout stands. In a statement, Walmart said the move was "primarily a business decision."
Britain’s No.2 supermarket group said it needs at least a year’s notice to figure out how it would deal with new European Union-UK trading arrangements that would come into play when the Brexit transition period ends.