Uber Purchases Drizly for $1.1 Billion
Uber will acquire Drizly for approximately $1.1 billion in stock and cash, with plans to integrate the on-demand…
News February 2
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LVMH, L’Oréal Invest in Social Selling Platform Replika
Social commerce company Replika Software has closed its Series A financing round with an undisclosed amount of funding…
News February 1
ASOS Acquires Topshop Brand Portfolio for $411 Million
Online fashion retailer ASOS has acquired the Topshop, Topman, Miss Selfridge and HIIT brands from the Arcadia Group…
News February 1
Report: Tru Kids Shutters its Two Toys ‘R’ Us Stores After One Year
Tru Kids has closed the two Toys ‘R’ Us outlets it opened in 2019, according to Bloomberg. The…
News February 1
DTC Brand Freshly Cosmetics Opens Second Brick-and-Mortar Store
Natural beauty brand Freshly Cosmetics has opened a flagship store in Madrid, designed by strategic and creative consultancy…
News January 29
Nike, Calvin Klein and Other Major Brands in Vietnam Enhance Order and Inventory Management
For Vietnamese retail management firm Au Chau Fashion and Cosmetic Company (ACFC), the rapid adoption of online shopping…
News January 29
Walmart Renames Media Business, Puts Focus on Building Omnichannel Experiences
Walmart is expanding and revamping its media business, with a new name and a greater emphasis on in-store…
News January 29
NRF: 52% of Shoppers Celebrating Valentine’s Day, Spending a Combined $21.8 Billion
Just over half (52%) of U.S. adults plan to celebrate Valentine’s Day this year, spending a total of…
News January 29
Neiman Marcus Supports Luxury Focus with New Hires, Increased Supply Chain Investment
Neiman Marcus Group (NMG) is making big moves to adapt to changing consumer behaviors, with strategic investments in…
News January 28Top Stories
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