The 35-year-old US retailer Forever 21, which has said it will shut down all of its stores in China, reflects the strain of fierce competition that fast fashion brands face in China.…
The 35-year-old US retailer Forever 21, which has said it will shut down all of its stores in China, reflects the strain of fierce competition that fast fashion brands face in China.…
For nearly a decade, Tata Group has been Inditex SA’s partner running Zara stores in India. Now, the country’s largest conglomerate is building its own apparel empire as trend-focused as Zara — …
Heavily hit by competition from fast-fashion and e-commerce, the 60-year-old Italian brand would apply for special administration under bankruptcy law.…
Korea’s retail industry rivals Lotte and Shinsegae are again competing hard in the health and beauty market. The number of health & beauty stores selling cosmetic items, drugs, and foods is…
Ookbee Mall Thailand, the operator of ookbeemall.com, announced on Thursday it will close down its e-commerce website in March after facing a heavy financial burden brought on by fierce competition.…
One-third of China’s overabundant shopping malls will close down in five years and the rest will have to transform to survive, according to a report by the Chinese Academy of Social Sciences.…