Business

Everlane founder plans new fashion venture following Shein acquisition

Everlane founder Michael Preysman is preparing to launch a new fashion brand following the controversial sale of Everlane to Shein, according to Forbes. The move comes after Shein acquired the US fashion retailer earlier this month in a deal that sparked backlash from customers and sustainability advocates, given Everlane’s long-standing...

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Member
Retail

Less luxury, more clicks: savvy Chinese consumers are shopping smarter

Beijing - Jacqueline Li was astonished to learn of the closure of Galeries Lafayette in Beijing. She believes it signals a change in Chinese shopping habits. Since the Covid-19 pandemic, luxury no longer holds the same appeal as it once did. The closure of the iconic French department store this Wednesday occurs against a backdrop of economic...

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People|Interview

Behind Façon Jacmin: The entrepreneurial and creative vision of two sisters

Antwerp - There is something quite rare in what Ségolène and Alexandra Jacmin do. There is no unnecessary noise, no growth at all costs, and no back-to-back Parisian shows just for the sake of being on a schedule. In ten years, the two sisters have built Façon Jacmin with a logic that is almost entrepreneurial craftsmanship. They advance step by...

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BusinessMember

Dick's Sporting Goods raises low end of full year outlook following Foot Locker acquisition

US sports retailer Dick's Sporting Goods today reported its financial results for the first quarter ended May 2, 2026, delivering strong comparable store sales growth and increasing the lower threshold of its annual sales guidance. The consolidated results reflect the operation of the recently acquired Foot Locker business for the entire 13-week...

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