All articles by Soumya Sharma
Spanish retailer Caprabo registers turnover of over €36m in 2022
The company has a network of 300 supermarkets and employs over 6,000 people.
Century 21 reopens flagship store in Manhattan, New York City
The retailer was forced to close its business due to the pandemic and had filed for bankruptcy in September 2020.
Cazoo concludes sale of German unit Cluno to ViveLaCar and Platform Group
This deal further signifies complete withdrawal of Cazoo’s operations from the mainland European market.
Richemont records a 19% growth in sales during Q1 of FY23
The company saw a 34% increase in the operating profit which amounted to €5.031bn in Q1 FY23.
Rally House to open three new stores across US by mid-2023
The new stores will open in Dallas, Chicago and Omaha.
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Kizik to open first brick-and-mortar store in Utah next week
The store will offer Kizik’s full portfolio of men’s, women’s and children’s footwear.
DTC company Solo Brands acquires TerraFlame
Following this deal, TerraFlame’s existing team will become a part of Solo Brands.
JD.com’s Q1 2023 net revenues increased 1.4%
In the quarter, JD Retail’s operating margin before unallocated items was 4.6%.
Tod’s records 23.2% increase in sales in first quarter of 2023
During this period, sales in the Greater China region were the highest, with 29.2% growth.
Ombori to launch StoreAI for retailers
StoreAI is an extension of the company’s existing store digitalisation platform Ombori Grid.