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EXCLUSIVE Gap says deliveries to Russia stopped in March.  But her clothes kept coming.

EXCLUSIVE Gap says deliveries to Russia stopped in March. But her clothes kept coming.

NEW YORK/LONDON/ISTANBUL, Oct 31 (Reuters) – In March, clothing retailer Gap Inc joined many Western companies in announcing it was suspending deliveries to Russia in protest against his invasion of Ukraine. “As a values-driven company proud to do the right thing over the past 53 years of business, we have also suspended deliveries to Russia, …

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Analysis: European retailers are on investors' naughty lists this Christmas

Analysis: European retailers are on investors’ naughty lists this Christmas

European retail stocks down 40% since the start of the year Amazon predicts slower holiday sales growth Adidas and H&M warn of weaker demand Headwinds from euro and pound compress margins Eurozone non-food retail trade down 3% LONDON, Oct 28 (Reuters) – As the cost of living crisis squeezes consumers and squeezes disposable income, this …

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Tapestry is deepening its penetration in China, undeterred by the collapse of the luxury market

Tapestry is deepening its penetration in China, undeterred by the collapse of the luxury market

SHANGHAI, Oct 26 (Reuters) – Baoji, an industrial city in northwest China with a population of 3 million, doesn’t fit most people’s idea of ​​a commodity market luxury. Soon, however, it will house a store for the American brand Coach. The store is one of 30 in China that the parent company of Coach Tapestry …

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