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Crocs’ shares climbed to a record high after the company said it expects its revenue to climb to more than $5 billion by 2026. The company is forecasting annual growth of more than 17 percent over the next four years, and it is…
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Interactive fitness platform, Peloton, is launching its own private label apparel brand dubbed Peloton Apparel. The brand is being unveiled as part of Peloton’s Fall 2021 collection. Each piece in the collection…
Primark saw Q4 sales below market expectations with public health measures taken to control the spread of the COVID-19 Delta variant hurting its business. “In the UK our sales were affected by…
Doordash, Grubhub And Uber Sue New York City Over Bill Limiting How Much They Can Charge Restaurants
DoorDash, Grubhub and Uber Eats are reportedly suing the city of New York over a bill that makes emergency delivery fee caps permanent. At the time of the pandemic, fee caps enabled…
Amazon Inc. has revealed plans to pay full college tuition for its U.S. front-line workers, which will bring the eCommerce giant’s education and skills training benefits total investment to $1.2 billion by…
India’s Reliance Retail is planning to launch a new premium department store by early next year — a move that will better position it to compete against incumbents such as Shoppers Stop…
Grocery delivery service, Shipt, is making the largest expansion to its service in three years with the addition of nearly 1,000 more store locations. The expansion will increase access to the service…
Luxury parka maker, Canada Goose Holdings Inc., has become the latest foreign brand to be targeted by Chinese regulators. The company has been fined for allegedly misleading consumers through its various advertisements.…
Etro has appointed Dolce & Gabbana executive Fabrizio Cardinali as its new chief executive. Cardinali is expected to start in the role before the end of this year. He most recently served…
Retail clothing company, Everlane, is closing its Tmall Global store on September 12, 2021, due to various setbacks it has faced over the last 18 months and a shift in its global…
Amazon is introducing its cashierless technology to Whole Foods store locations, marking the first time the technology is being tested in a full-size grocery store. The company’s “Just Walk Out” technology is…
Luxury beauty buyers’ club, Beauty Pie, has completed a Series B financing round of $100 million led by Index Ventures and Insight Partners. With the new round of funding, Beauty Pie is…
Forum Brands, an eCommerce acquisition platform, announced that it has raised $100 million in debt funding from TriplePoint Capital. The investment comes just two months after the company raised $27 million in…