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Marc Davis

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H&M August Sales Increase 19%, Beats Forecast

The summer ended on a high note for Hennes & Mauritz (H&M). The world's second largest fashion retailer…

India Minister of State Rejects Duty Increase on Silk Yarns

The Indian Ministry of Textile’s proposal to raise basic custom duties on silk yarns and fabrics was rejected…

Luxury Goods Sector Takes a Hit in Asia

July will not be remembered as a month where shoppers lavished themselves with luxury goods. Iconic…

Amazon Opens 3D Printing Shop

Online giant Amazon added another service to its growing roster of diverse products with the launch of…

How Dollar General’s Diaper Deal Wreaked Havoc on its Price Matching Competitors

When Dollar General Corp. offered packages of Pampers Swaddlers diapers at a discounted price of $9.50 for…

Less Is More: Target Opens Its First TargetExpress

In a new attempt to appeal to and rebuild its dwindling base of Millennial customers, Target opened the…

Walmart to Cut Back-to-School Prices

Walmart got a running start on the 2014 back-to-school shopping season by announcing it would slash prices on…

New Mothercare CEO Plans Aggressive Turnaround Effort

When Mark Newton-Jones took the helm of Mothercare in mid-July, the CEO quickly announced his plans to…

Spain’s Mango To Boost Online Offerings on India’s Myntra

Beginning in August, Barcelona-based fast-fashion clothier Mango will expand its product mix on India’s…

Vietnam Exports Grow, More Increases Expected

With Vietnam’s textile exports reaching $1.89 billion in June, overtaking phones as the most profitable…

Sri Lanka Textile Sector Eyes Global Expansion

As Sri Lanka’s exports soar—up 15.7% in the first five months of the year—export firms in the country are…

Abercrombie & Fitch Negotiates Refinancing Deal

U.S. teen and young adult retailer Abercrombie & Fitch (A&F) is negotiating the refinancing of its credit…

From Fashion to Shipping Zara Knows One Speed: Fast

Zara’s online sales are on the fast track to edge out its competition, as the Inditex-owned global retailer…

From Fairytale to Nightmare: A Look at Lululemon’s Turbulent Year

When Lululemon Athletica stock rose to an all-time high of nearly $80 per share in 2012, the yogawear…

Lululemon Profits Plunge 59.9% in Q1

Lululemon Athletica, the Canadian yoga wear firm, reported a 59.9% drop in first quarter net income…