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U.S. retail sales expected to rise to more than $4.33 trillion in 2021: NRF

U.S. retail sales expected to rise to more than $4.33 trillion in 2021: NRF

U.S. retail sales are expected to rise between 6.5% and 8.2% to more than $4.33 trillion in 2021 as more people get vaccinated and the economy reopens, the National Retail Federation (NRF) said on Wednesday.
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Fashion e-commerce sites straggle behind in search visibility

Fashion e-commerce sites straggle behind in search visibility

With Covid-19 disrupting traditional brick-and-mortar retail, e-commerce saw a boom in 2020. But according to a new report from Searchmetrics, fashion retailers lagged behind in terms of online search visibility.
Fashion
Vogue names Juan Costa Paz as global creative director

Vogue names Juan Costa Paz as global creative director

Costa Paz will oversee the creative direction for the brand in the U.S. and the U.K. and help guide Vogue’s approach to content in all formats through all of the company’s owned and operated editions worldwide.
Luxury
CFDA launches diversity-focused Impact initiative

CFDA launches diversity-focused Impact initiative

Inspired by the Black Lives Matter movement, the American fashion organization has announced the launch of Impact, a multi-layered initiative that aims to create opportunities in fashion for underrepresented communities.
Fashion
Walmart appoints Denise Incandela as EVP of apparel

Walmart appoints Denise Incandela as EVP of apparel

The American retail giant has named the current SVP for its women's group, elevated brands, and e-tailers/DTCs as the new head of its apparel business.
Fashion
Target appoints Christina Hennington chief growth officer, reshuffles leadership

Target appoints Christina Hennington chief growth officer, reshuffles leadership

The American retail giant has announced a series of changes to its executive leadership team, including the appointment of Christina Hennington to the newly created role of VP and chief growth officer.
Fashion
TikTok's U.S. ad business roars back as Trump's threats recede

TikTok's U.S. ad business roars back as Trump's threats recede

Accused by the Trump administration of being a front for the Chinese government, TikTok's ad business looked bleak last July.
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UK's competition watchdog investigates eBay Gumtree deal

UK's competition watchdog investigates eBay Gumtree deal

​eBay’s plan to sell Gumtree to Norway-based international classifieds website Adevinta ASA has hit a stumbling block with the online retail giant saying the UK’s CMA has concerns that the deal could cut competition.
Fashion
QVC and HSN shine spotlight on women and minority-owned brands with latest round of Big Find initiative

QVC and HSN shine spotlight on women and minority-owned brands with latest round of Big Find initiative

The second year of the shopping networks’ The Big Find international product search will see the launch of 90 emerging brands on the channels, more than two thirds of which are women or minority-owned businesses.
Fashion
White House: No new 'proactive step' on TikTok deal under Biden

White House: No new 'proactive step' on TikTok deal under Biden

The White House said on Wednesday it has an ongoing review of the risks TikTok may present to U.S. data but stressed it has taken no new "proactive step" related to a U.S. acquisition.
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Tommy Hilfiger to spotlight Jameela Jamil, Indya Moore, Compton Cowboys and more in new video learning initiative

Tommy Hilfiger to spotlight Jameela Jamil, Indya Moore, Compton Cowboys and more in new video learning initiative

The partnership with FutureLearn will include five courses designed by Tommy Hilfiger and focused on sustainability, LGBTQIA+ allyship, body confidence and community building, each hosted by a famous activist. 
Fashion
Ebay tops holiday-quarter revenue estimates, forecasts upbeat first-quarter sales

Ebay tops holiday-quarter revenue estimates, forecasts upbeat first-quarter sales

E-commerce firm Ebay on Wednesday topped expectations for holiday-quarter revenue and current-quarter sales estimates, as more homebound buyers flocked to its platform for shopping during the Covid-19 pandemic.
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Navalny/Yves Rocher affair: a court case tinged with politics

Navalny/Yves Rocher affair: a court case tinged with politics

On Tuesday, Russian dissident Alexei Navalny was jailed for three and a half years for violating the terms of a suspended sentence relating to a court case he was involved in with Yves Rocher in 2014.
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Alphabet shares jump as ad, Cloud sales soar amid pandemic

Alphabet shares jump as ad, Cloud sales soar amid pandemic

Alphabet Inc on Tuesday beat fourth-quarter sales expectations as advertising customers unleashed budgets for the holidays, and the Google owner disclosed for the first time that its Cloud unit is losing $5.
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Valentine’s Day spending to fall 20% in US this year

Valentine’s Day spending to fall 20% in US this year

According to a new study from NRF, U.S. consumers are expected to spend a total of $21.8 billion on Valentine’s Day in 2021, a 20% year-over-year decline largely attributable to the effects of the Covid-19 pandemic.
Fashion
Facebook beats quarterly revenue estimates

Facebook beats quarterly revenue estimates

Facebook Inc beat analysts' estimates for quarterly revenue on Wednesday, powered by increased ad spending by businesses to capitalize on a holiday shopping season driven online by the pandemic.
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