Target unveils LoveShackFancy collaboration
Available beginning July 5 for a limited time, the LoveShackFancy x Target collection is designed for tweens and teens and spans apparel, accessories, beauty products and school supplies. Read More
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Loro Piana to open new Tokyo flagship in Omotesando
Loro Piana is making inroads in Tokyo, with the Italian luxury brand set to open a new flagship store in the Japanese capital city this October. Read More
US online spending hits $8.3 billion as Amazon Prime Day kicks off, Adobe says
Online spending among shoppers on the first day of Amazon’s Prime Day rose 5.3% from a year earlier to $8.3 billion across U.S. retailers, Adobe Analytics said on Wednesday. Read More
Hero or troublemaker? Milan prosecutor shakes up Italy’s labour practices
A Milan prosecutor’s crusading labour investigations have forced companies to grant fuller employment rights to more than 60,000 workers and recouped more than €1 billion in unpaid taxes. Read More
H&M Q2 profitability improves, but tight stock control hits ability to meet demand
H&M Group’s six-month report on Thursday showed the Swedish fashion retail giant with sales dipping very slightly in Q2, although the company had 3% fewer stores by the end of the quarter. Read More
Germany’s jerseys are more sought-after than ever says Adidas’ CEO
An estimate of more than three million Germany jerseys would be sold in total, said Adidas CEO Björn Gulden at a press conference in New York. Read More
Alohas accelerates growth in the US market with new store openings in New York and Los Angeles
The on-demand footwear brand is expanding its presence in the United States with the opening of its second permanent store in New York and a pop-up store in the Venice neighborhood of Los Angeles. Read More
Frasers says it definitely won’t raise its Hugo Boss offer
Not much has happened since Frasers Group launched a takeover bid for Hugo Boss on June 10 and since Hugo Boss’s board said it would examine the offer. But on Thursday Frasers announced that its price is non-negotiable. Read More
EU governments adopt legislation to fulfil EU side of US trade deal
European Union governments adopted on Thursday legislation to remove import duties on many US goods, fulfilling the EU’s side of a trade deal struck with US President Donald Trump last year. Read More
Centrist Democrats are freaking out about progressives’ winning streak
Moderate Democrats are sounding the alarm after massive losses in New York’s primaries. They fear they’re on the verge of losing the party’s ideological civil war — and hurting its electoral chances. Leftist candidates swept a trio of deep-blue House seats in New York City, a seismic victory that toppled two incumbents, including the powerful…