ThredUp launches peer-to-peer selling feature
Online resale platform ThredUp is expanding beyond its resale model with the launch of “Direct Listing”, a new peer-to-peer selling experience designed to give consumers more flexibility. Read More
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Japan’s Asics to spin off Onitsuka Tiger business
Japan’s Asics Corp on Wednesday said it will spin off its high-end Onitsuka Tiger business, a key driver behind four straight years of record profit, in a bid to speed up decision-making and boost competitiveness. Read More
Boots turnaround continues strongly, bidders emerge so stock exchange listing might be off
Boots is making headlines at the moment both for its results and the potential for its expected stock exchange listing to be replaced by a straight $10 billion sale. Read More
Pan-European off-price business Lifestyle Retail rebrands as Secret Sales Group
Lifestyle Retail Group has rebranded under the name of its best-known property and will now be known as Secret Sales Group. It comes as its GMV has grown 41% like-for-like this year and inventory has surpassed £7bn. Read More
German retailers expect only modest boost from World Cup
German retailers expect the soccer World Cup to provide a modest boost to sales, though the impact will likely be limited to specific sectors because the tournament is being held outside Germany. Read More
Prix Picto announces the winners of its 28th edition, where memory and perspective converge
A jury of leading figures in fashion and image-making, chaired by Valérie Belin, awarded four photographers a range of prizes designed to support their professional development. Read More
Co-packaging specialist GT Logistics seeks to broaden its horizons
To mark the 20th anniversary of its Nogent-la-Phaye facility, which handles 50 million cosmetic products a year for clients such as L’Oréal and Puig, the contract packing specialist is setting out its ambitions. Read More
Inside Mamdani aide’s private budget briefing for the DSA
MONEY TALKS: Sherif Soliman, Mayor Zohran Mamdani’s budget chief, privately briefed members of the Democratic Socialists of America on the state of New York City’s finances last week — a move that could raise ethical concerns, according to a person at the meeting and a prominent government watchdog. The meeting, billed as a “debrief” on…
Nancy Mace loses GOP primary for South Carolina governor
Republican firebrand Rep. Nancy Mace lost her GOP primary for South Carolina governor, potentially ending her rollercoaster political career. Mace failed to advance to a runoff Tuesday. She was considered a top contender in the race until a series of scandals cut into her in-state support and she bucked President Donald Trump to help release…
Teresa Benitez-Thompson wins crowded Dem primary for Nevada House seat
Former Nevada Assembly Majority Leader Teresa Benitez-Thompson won the Democratic primary for the state’s 2nd Congressional District on Tuesday, giving the party a serious candidate in its attempt to flip the red seat. The northern Nevada district is currently represented by GOP Rep. Mark Amodei, whose retirement prompted crowded primaries on both sides. It encompasses…