EU Hits Fast-Fashion Giant Shein With New Digital Rules
The move means Shein could be liable for fines of as much as 6 percent of global revenue for violating the law, designed to curtail the spread of illegal content online.
This week, Amazon launches a platform for small and medium-sized businesses, while virtual influencers challenge the status quo of the modelling industry.
This week, Instagram is tapping into e-commerce with a new platform, while Amazon is projected to overtake Walmart as the number-one retailer of apparel in the US.
This week, retail design is adapting to an internet age, while luxury e-commerce platforms launch initiatives to highlight young talent.
This week, Google is reported to soon be signing the lease on its first permanent store, while merchandising in retail continues to evolve with the integration of analytics and digital solutions.
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This week, Farfetch registered to take the company public, while Walmart has applied for two US patents that signal towards a VR strategy in retail.
This week, H&M turns to tech to build a stronger business and drive operational efficiencies, while a new wave of modelling agencies offer brands virtual models.
This week, WeChat's advanced-feature offering experiences rapid growth, while artificial intelligence is helping advance the sustainable fashion movement.
This week, Shanghai-based Pinduoduo went public raising $1.6 billion through a US IPO, while the number of US retailers reporting a data breach at any time in the past is up to 75 percent with half of those occurring in the last year.
This week, Shanghai-based Pinduoduo went public raising $1.6 billion through a US IPO, while the number of US retailers reporting a data breach at any time in the past is up to 75 percent with half of those occurring in the last year.
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This week, Walmart enters into a strategic partnership with Microsoft to rival Amazon, while JD.com's innovations are transforming rural China.
This week, Target has an invite-only app that lets members collaborate with the company's designers, while in mainland China customers gain access to Louis Vuitton's delivery service.
This week, venture investors put a premium on shoe start-ups, while JD.com builds up its presence in the luxury retail sector with an investment in Chinese luxury retailer Secoo.
This week, the Apple Watch's success has created a successful luxury smartwatch niche, while a new report sees apparel sales increase online.
The move means Shein could be liable for fines of as much as 6 percent of global revenue for violating the law, designed to curtail the spread of illegal content online.
Since the merger announcement, Capri has reported weaker-than-forecast earnings twice, spurring concern about its performance in the coming quarters.
The new scent, Zouzou, is the fashion house’s first new perfume since 2022.
Unilever Plc sales jumped more than expected in the first quarter as Chief Executive Officer Hein Schumacher pushes ahead with his turnaround plan and shoppers come back to premium brands.
President Biden signed the bill that gives China-based ByteDance 270 days to divest TikTok’s US assets or face a ban.
The Alphabet Inc. company said in a blog post Tuesday that it’s still working with the ad industry and regulators on the plan.
Overall revenues for the three months through March totalled 818 million euros ($874 million), above a company-provided analyst consensus of 786 million euros.
Embattled by weak demand and currency issues in Nigeria, the company is looking to slim down in order to return to growth.