Apparel retailer Urban Outfitters Inc reported first-quarter profit and sales on Tuesday that handily beat analysts’ estimates, driven by strong spending at its stores despite a longer-than-usual winter season.
Delta Galil has named veteran retail exec Tim Baxter as the new CEO of 7 for All Mankind and Splendid. Baxter brings 25 years of experience at Macy's, most recently as the retailer's chief merchandising officer.
Millennial brand Lulus is getting a $120 million investment from IVP, a premier later-stage venture capital and growth equity firm, and Canada Pension Plan Investment Board (CPPIB), a global investment management firm.
British shoemaker Clarks will return to large-scale manufacturing in the UK for the first time in over a decade when a new factory in southwest England joins plants in Vietnam and India in making its iconic Desert Boot.
U.S. civil liberties groups on Tuesday called on Amazon to stop offering facial recognition services to governments, warning that the software could be used to target immigrants and people of colour unfairly.
The New York-based fashion label announced the appointment of the former head designer at The Row as the new creative director of its womenswear collections on Tuesday, unveiling his debut collection for the brand.
J.C. Penney’s CEO Marvin Ellison is leaving the struggling retailer to join home improvement chain Lowe’s Cos Inc, the companies said on Tuesday, sending shares in the U.S. department store chain down 4 percent.
In shock news, Tesco said it is to close its Tesco Direct non-food webstore, which sells clothing, homewares, furniture, electricals, toys, health & beauty and more, after conducting a review of the lossmaking business.