Retail start-up SuperK raises $5.5m in pre-series A funding
The funding round was led by 021 Capital, a venture capital firm run by Binny Bansal.
Nancy Victor
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Nike reports $11.4bn revenue in fiscal 2022 second quarter
The company expects fiscal 2022 revenue to grow in mid single-digits versus the prior year.
TFG to buy online shopping and delivery provider Quench
Through the acquisition, TFG aims to provide quick and reliable deliveries across South Africa.
Coles faces legal action over staff underpayment allegations
The Australian supermarket chain has been accused of underpaying more than 7,500 employees.
PVH reports 10% increase in third-quarter revenue to $2.3bn
The company expects its full-year revenue to rise by between 27% and 28%.
SNIPES agrees to acquire US-based sneaker chain Jimmy Jazz
Jimmy Jazz stores feature brands such as Nike, Jordan, Adidas and Polo Footwear.
Inditex records 50% growth in sales for first quarter
The company saw higher sales across all geographies and brands despite reduced trading hours.
Crocs seeks investigation into imported trademark-infringing products
The footwear retailer has asked the ITC to prevent importers from unlawfully infringing on its product and design trademarks.
Albertsons partners with Fetch Rewards for customer engagement
The partnership with the consumer loyalty app follows the success of a five-week pilot programme.