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Will Saks Global create the ultimate department store behemoth?

Inside Retail

The long-anticipated deal between Saks Fifth Avenue and Neiman Marcus could create the ultimate department store behemoth at a time when legacy players are facing increased competition from luxury e-commerce companies and a new generation of high-end brands blending premium products with immersive experiences. billion deal.

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Asos Sells Majority Stake in Topshop, Topman as Turnaround Effort Continues

Retail TouchPoints

The deal includes a pro-rata payment to Nordstrom to buy out its minority interest in the brands , which the department store acquired as part of a previous joint venture with Asos back in July 2021. Analysts have noted that the deal has the potential to open the Topshop and Topman brands to additional wholesale arrangements.

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The Weekly Closeout: Nike apparel returns to Macy’s, Under Armour founder sells $100M of shares

Retail Dive

After backing out of a wholesale partnership in 2021, Nike clothing will again be available at the department store. Meanwhile, Kevin Plank sold 16 million shares to BDT Capital Partners.

Apparel 101
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How to Sell Wholesale Products Online

Independent Retailer

If you are looking to take the plunge into wholesale, here is everything you need to know in order to find the best merchandise to sell online: What is a Wholesale Business? First, you need to understand what it means to sell wholesale. With wholesale, merchandise is moved in a short period of time.

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Workers at REI store vote to join a union

Retail Wire

Associates working at an REI store in Manhattan’s SoHo neighborhood have voted 88 to 14 to join the Retail, Wholesale and Department Store Union. The store is the first REI location to employ workers represented by a union.

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Denim brand Ksubi to open first standalone store in London

Inside Retail

The company currently has stores in New York and Los Angeles and also sells through partnerships with retailers including End, Matchesfashion, Browns Fashion and upscale department stores Selfridges and Harvey Nichols. .

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Exclusive: PAS Group to relaunch Italian denim brand Replay in ANZ

Inside Retail

New concept stores, wholesale distribution and an online shopping site are set to roll out early next year. . These include Review, Yarra Trail, Marco Polo, Black Pepper, Breakaway, Everlast, Lonsdale and Bluey, which are sold through own stores and wholesale partners, such as Kmart, Rebel and David Jones. “It

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