South Korea’s online retail crosses 60% share for first time
Online retail accounted for the majority of total sales among South Korea’s major retailers in March. According to the South…
All articles by Shubhendu Vimal
Shubhendu Vimal
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Olive Young to debut first US store in Pasadena, California
South Korean health and beauty retailer Olive Young is entering the US physical retail market with a store in Pasadena,…
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Target reassesses AI strategy amid pricing shift – report
US retailer Target is deepening its AI adoption even as shifting pricing models from AI providers are forcing a strategic…
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JD.com considers £2bn bid for UK online retailer Very Group – report
Chinese e-commerce company JD.com is weighing a potential offer for UK online retailer The Very Group in a transaction that…
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Lululemon enters Greece with first Athens store
Canadian athleticwear retailer Lululemon has entered Greece through a franchise arrangement with Arion Retail Group, becoming the brand's third new…
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Shein strikes deal to acquire US clothing retailer Everlane
Chinese fast-fashion giant Shein has agreed to purchase US clothing retailer Everlane, reported The Associated Press. Everlane chief executive Alfred…
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Morrisons to shut 100 convenience stores amid losses – report
UK supermarket chain Morrisons has announced the closure of 100 convenience stores, blaming sustained financial losses and mounting costs linked…
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Ralph Lauren posts 17% revenue rise in Q4 as Asia leads growth
US luxury lifestyle retailer Ralph Lauren closed fiscal 2026 (FY26) with fourth-quarter (Q4) net revenue of $1.97bn for the period…
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Estée Lauder and Puig end merger talks
US-based Estée Lauder Companies and Spanish fragrance and beauty group Puig have ended discussions over a potential business combination, with…
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TJX raises annual forecast after Q1 net income jumps 28.5%
TJX Companies raised its full-year outlook after first-quarter net income rose 28.5% year on year, helped by stronger sales, higher…