News

The Localisation Support Fund warns that offshore e-commerce retailers like Shein and Temu are displacing thousands of jobs ...
Mall-based teen accessories retailer Claire’s, known for helping to usher in millions of teens into an important ...
Retail data analysts say "a cocktail of problems, both internal and external," have made it impossible for Claire's to stay ...
Claire's, an accessory and ear piercing shop that was once a staple in malls, filed for Chapter 11 bankruptcy this week.
Claire's jewelry store chain has filed for Chapter 11 bankruptcy. The company previously filed Chapter 11 in 2018; most of its stores will stay open.
The retail landscape continues to shift with roughly 6,000 store closings announced in the first half of this year or about 123.7 million square feet of vacated retail space, ...
The chain's bankruptcy filing is the second in seven years. Its troubles include unwieldy debt, shoppers' changing habits and new tariff costs.
China-founded e-commerce retailers Shein and Temu have captured a combined 3.6% share of South Africa's retail, clothing, ...
Temu and Shein have long been known for their ultra-low prices. In fact, Temu’s famous Super Bowl ad encouraging people to ...
The Italian Competition Authority announced Chinese retailer Shein was fined more than $1 million for allegedly "misleading" ...
The Armani Group, owner of Giorgio Armani and Emporio Armani, has been fined $4 million USD (3.5 million euros) by Italy’s ...