Pandora commits to ambitious decarbonisation targets in own operations as well as the full supply chain.…
StockX sells more than $1bn in GMV in 2019
U.S. streetwear marketplace StockX said it surpassed $1 billion in gross merchandise value (GMV) in 2019, growing global customer registrations by more than 100% during the 12-month period.…
Thailand’s Pomelo acquires Looksi
Thailand-based fashion e-commerce Pomelo has completed its acquisition of Central Group-owned Looksi, a smaller e-commerce platform in Thailand.…
Zara takes away TRF section online
Inditex-owned Zara has taken down its TRF section on its e-commerce platform, as the Spanish fast-fashion giant upgrades it online efforts in bid to maintain growth and industry relevance.…
7‑Eleven reaches 70,000 stores worldwide
7‑Eleven, Inc., the company that introduced convenience retailing to the world more than 90 years ago, has hit a major growth milestone – topping 70,000 stores.…
Sainsbury aims to become Net Zero by 2040
Sainsbury’s has committed to invest £1 billion over twenty years towards becoming a Net Zero business across its own operations by 2040, aligned to the highest ambitions of the Paris Climate Change Ag…
AmorePacific to diversify its market
Korea’s No. 1 cosmetics maker AmorePacific said it will work to reduce its reliance on Chinese visitors by diversifying its target customers.…
Unilever partners with JD Logistics
Unilever and JD Logistics have signed a Memorandum of Understanding (MoU) to drive sustainable business initiatives in the supply chain.…
Zadig & Voltaire sells minority stake to Peninsula
French luxury fashion brand Zadig & Voltaire has sold a minority stake to UK private equity firm, Peninsula, according to multiple reports.…
McDonald’s partners with Alexander Wang for lunch bags
McDonald’s teamed up with fashion designer Alexander Wang to launch the ultimate lunch bag for its Tmall Super Brand Day sales event in December 2019: a limited-edition black, rattan picnic basket.…