Harris Jewelry, a New York-based national jewelry outlet that catered to military bases across the country, agreed on Wednesday to pay $34.2 million to settle claims that the firm targeted service members using shady credit transactions and “misleading” sales tactics, according to court filings. “Today’s settlement resolves allegations that Harris […]
retailer
/https://specials-images.forbesimg.com/imageserve/618b80acfdcac037f1dff280/0x0.jpg?cropX1=943&cropX2=3921&cropY1=1340&cropY2=3016 "Beauty Retailer Nykaa Lists At Billion, Making Founder Falguni Nayar India’s Richest Self-Made Woman")
Falguni Nayar (C-L), managing director and CEO of Nykaa, an online marketplace for cosmetics and … [+] apparel, along with her daughter Adwaita (C-R) attends the company’s IPO listing ceremony at the National Stock Exchange in Mumbai on November 10, 2021. PUNIT PARANJPE/AFP via Getty Images Veteran investment banker-turned-entrepreneur Falguni […]
As one of the biggest fast fashion companies on the planet, Chinese retailer Shein (pronounced she-in) holds its loyal community of Gen Z customers close through its domination of social media platforms. The brand, famous for its ultra-cheap bike shorts, crop tops and bikinis, has been associated with celebrities from […]
/https://specials-images.forbesimg.com/imageserve/610aa2ef595b2ca7819bda78/0x0.jpg?cropX1=0&cropX2=1200&cropY1=1&cropY2=676 "India Mints New Billionaire Woman As Nykaa Founder Grooms Her Beauty Retailer For An IPO")
Falguni Nayar Courtesy of Nykaa Veteran investment banker-turned-entrepreneur Falguni Nayar, whose beauty retailer Nykaa is poised to launch its IPO, has become India’s newest billionaire. A pre-IPO private placement in June valued Nykaa at $2.3 billion, putting Nayar in the three comma club with an estimated net worth of $1.1 billion. The […]
Fashion retailer Zara on Tuesday condemned anti-Palestinian comments made by one of its senior designers after the remarks spurred calls for a boycott of the Spanish apparel line on social media. Vanessa Perilman, Zara’s head designer for its women’s department, got into an online argument with model Qaher Harhash, who […]
Amazon.com Inc (AMZN.O), one of the biggest winners of the pandemic, posted record profits on Thursday and signaled that consumers would keep spending in a growing U.S. economy and converts to online shopping are not likely to leave. Since the start of the coronavirus outbreak, shoppers have relied increasingly on […]
/https://specials-images.forbesimg.com/imageserve/6022ca4ab10052e197b22c44/0x0.jpg "Is China’s Mysterious Billion Fast Fashion Retailer Ready For Stores?")
TikTok and Instagram influencers have helped Shein take the ultra-fast fashion market by storm. … [+] (Photo by David M. Benett/Dave Benett/Getty Images for SHEIN) Dave Benett/Getty Images for SHEIN Over 30? Then you had better read on. Shein may not be a household name like e-commerce giants, Alibaba BABA […]
Hood’s officials project their new store will open this spring and employ about 30 people ST. LOUIS — Hoods Discount Home Center has acquired a vacant shopping center in St. Peters where it’ll open a new store and scout for retailers to fill the remaining space. Hoods, a home improvement […]
LONDON (AP) — British online fashion retailer Boohoo has bought three clothing brands owned by the collapsed Arcadia retail group for 25.2 million pounds ($34.5 million). Boohoo bought the inventory and online businesses of the Arcadia brands – Dorothy Perkins, Wallis and Burton. The deal did not include the brands’ […]
As Rustom Khouri, CEO of Westlake-based real estate development company Carnegie Management & Development Corp., discusses conditions among the firm’s shopping centers in 17 states, he sees the challenge as “weathering the storm.” In Northeast Ohio, he owns three centers with substantial movie theaters that are not paying rent amid […]
