GLOBAL
Amazon announced Jeff Bezos is stepping down as CEO almost 27 years after he founded the company to sell books to customers over dial-up modems...
Venkatesh Shankar 4 Feb 2021
GLOBAL
Jeff Bezos is stepping down from his role as Amazon CEO, and will transition to the role of executive chair in the third quarter...
UNITED KINGDOM
British online retailer Asos has acquired Topshop along with the Topman, Miss Selfridge and HIIT brands from failed fashion retail group Arcadia...
EUROPE
Irish fast-fashion retailer Primark has no plans to sell its clothes online. This is despite the company warning that lockdown store closures could cost it losses of more than £1bn...
Lisa Jack and Regina Frei 25 Jan 2021
GLOBAL
Digital sales grew around 58% during the five days leading up to Christmas, despite earlier shipping cutoffs...
SOUTH AFRICA
The British fashion group Arcadia has fallen into administration, leaving 13,000 jobs at risk. Arcadia's market share slumped from around 4.5% in 2015, to 2.7% in 2020...
Julie Hodson 3 Dec 2020
GLOBAL
Salesforce data shows global online spend of $270bn...
GLOBAL
Clothes shops are among the worst-hit retailers from the coronavirus pandemic, but luxury brands appear to be weathering the conditions relatively well...
Shaun Borstrock 17 Nov 2020
SOUTH AFRICA
For many industries, predicting the future during a pandemic would be difficult - if not impossible. Retail is different. Why?
Oliver Guy 13 Nov 2020
SOUTH AFRICA
YeboBox is a new subscription service that delivers a monthly box of different homegrown snacks to nostalgic South Africans and Zimbabweans living in the UK...
GLOBAL
For its second annual Checkerboard Day, Vans will focus on the vital role creativity plays in helping individuals and communities address mental health and well-being, in light of the period of global isolation experienced as a result of Covid-19.
GLOBAL
Digital sales are expected to hit all-time highs and lead to strained shipping capacity as retailers grapple with the impact of the Covid-19 pandemic...
GLOBAL
A significant number of Chinese tourists spend large sums on luxury items, such as designer clothes and accessories, when they travel overseas...
Xiaoqing Chen and Carol Zhang 1 Oct 2020
GLOBAL
With Covid-19 lockdown measures around the world easing, just under three-quarters of global consumers report feeling comfortable returning to physical stores since lockdowns have eased...
