Wolverine World Wide sells Sperry to Authentic Brands Group in shoe retail deal

[ad_1] Sperry Top-Sider Bill fish Tan and Beige. Mayra Beltran | Houston Chronicle | Getty Images Wolverine World Wide has sold Sperry to brand management firm Authentic Brands Group and…

Naspers Boosts South Africa Investments Ahead of Amazon Arrival

[ad_1] Naspers Ltd., Africa’s largest company by market value, is boosting investment into its South African online retailer ahead of Amazon.com Inc.’s entry into the country’s fast-growing ecommerce market. “We…

The Asian Retailer Outgunning Amazon and Walmart in South Africa

[ad_1] The Asian Retailer Outgunning Amazon and Walmart in South Africa  Bloomberg [ad_2] Source link

Shein’s revenue is ‘a lot more’ than $30 billion annually, key retail partner says

[ad_1] Shoppers walks past advertisements on the opening day of fast-fashion e-commerce giant Shein, which hosted a brick-and-mortar pop up inside Forever 21 at the Ontario Mills Mall in Ontario…

Abercrombie, American Eagle and Lululemon raise holiday sales outlooks

[ad_1] Combination showing store signage from Abercrombie & Fitch and Lululemon stores. Getty Images Abercrombie & Fitch, Lululemon and American Eagle Outfitters all raised their fiscal fourth-quarter outlooks Monday, saying…

Online holiday spending jumps nearly 5% to record, Adobe Analytics says

[ad_1] A UPS worker sorts packages in New York on Dec. 18, 2017. Adam Jeffery | CNBC Online spending rose 4.9% year over year, setting a record for e-commerce during…

Red Sea crisis boosts shipping costs, delays – and inflation worries

[ad_1] The Maersk Sentosa container ship sails southbound to exit the Suez Canal in Suez, Egypt, on Thursday, Dec. 21, 2023. Stringer | Bloomberg | Getty Images Attacks on ships…

Affirm’s stock quintupled this year, beating all tech peers, on buy now, pay later boom

[ad_1] Drew Angerer / Getty Images  A year ago, there was little holiday cheer at Affirm. The point-of-sale lender was confronting rising interest rates, recession fears and weakening consumer spending.…

Santa gets a behind-the-scenes boost from AI this holiday season

[ad_1] Manonallard | E+ | Getty Images For many Americans, it’s the first holiday season when most of the family may know the term “artificial intelligence” if it comes up…

Affirm stock pops more than 15% on expanded Walmart partnership

[ad_1] Customers shop at a Walmart store in Chicago on May 18, 2023. Scott Olson | Getty Images Affirm stock popped more than 15% Tuesday after the company announced it…