November 18, 2022

Farfetch CEO José Neves on Following His Luxury North Star

After taking a hit from Russia, China and currency — and investors — the CEO told WWD the platform is ready for growth.

November 18, 2022

Early Black Friday 'deals' abound, but actual bargains are scarce

Retailers such as Target Corp (TGT.N) and Kohls Corp (KSS.N) are slashing prices by as much as 50% on toys and other popular holiday gifts in early Black Friday deals aimed at increasingly frugal consumers - but the bargains aren't what they seem.

November 17, 2022

Macy's profits from wealthy shoppers, Kohl's feels inflation pinch

Upscale U.S. retail chain Macy's Inc raised its annual profit forecast on Thursday on resilient demand for high-end clothes and beauty products, while the inflation squeeze on lower-income shoppers forced rival Kohl's Corp to scrap its forecast.

November 16, 2022

TJX lifts sales forecast on demand for discounted apparel, home goods

TJX Cos Inc (TJX.N) raised annual same-store sales forecast and beat quarterly profit estimates on Wednesday, as cash-strapped consumers turn to the discount store for affordable clothing and home decor items ahead of the crucial holiday season.

November 15, 2022

More brands are trying to make Singles’ Day a U.S. holiday

From Alo Yoga to Levi’s, U.S.-based brands are increasingly promoting deals for Singles’ Day, China’s blockbuster shopping event.