News & Analysis

Nordstrom Reports Better Than Expected Results

21 August 2019 • By Reuters

The company has been investing heavily in its online business and loyalty programs to beat back competition from other upscale department stores and e-commerce rivals.

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News & Analysis

Thredup Gets $175 Million in Funding

21 August 2019 • By Reuters

The funds will bring Thredup's total capital raised to more than $300 million.

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Ann Demeulemeester Doesn't Miss Fashion at All. She Has Other Plans.

21 August 2019 • By The New York Times

Since exiting her namesake label in 2013, the former designer — part of the original 'Antwerp Six' — has turned her attention to a new creative medium: ceramics.

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Report: Alibaba Postpones Hong Kong Listing Amid Protests

21 August 2019 • By Reuters

The e-commerce giant could launch the deal as early as October, depending on whether political tensions ease and market conditions improve, according to a source familiar with the matter.

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Global Fashion Group Says It Is Making Progress Towards Profit

21 August 2019 • By Reuters

GFG, which runs fashion websites in Russia, Latin America and south-east Asia, reported second-quarter sales rose a currency-adjusted 16.5 percent.

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Amazon Opens Its Largest Campus Worldwide, in India

21 August 2019 • By Bloomberg

The Seattle-based company is making an ambitious push in India, the last major retail frontier still primarily reliant on small-scale neighbourhood and mom-and-pop stores.

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This Start-Up Wants to Be the Etsy of Jewellery

21 August 2019 • By Cathaleen Chen

Pietra connects a global network of independent jewellers with shoppers looking for custom pieces. Its investors include Robert Downey Jr., Will Smith and venture capital firm Andreessen Horowitz.

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Hit by Tariffs and Discounting, Kohl's Cuts Profit Margin Forecast

20 August 2019 • By Reuters

With the cost of more aggressive promotions and a potential hit from new tariffs on Chinese imports, the department store chain has forecast a steeper decline in full-year profit margin despite better-than-expected quarterly earnings.

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Cosmetics Heir Jane Lauder Joins World’s 500 Richest People

20 August 2019 • By Bloomberg

Lauder’s net worth rose $1.5 billion this year, bringing her fortune to $4.3 billion.

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TJX Same-Store Sales Miss Estimates as Competition Stiffens

20 August 2019 • By Reuters

With traditional retailers such as Macy's and Nordstrom foraying into discounts, off-price stores like T.J. Maxx and Burlington Stores are struggling to boost sales.

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