It’s hard to ignore the omnipresence of our mobile phones. We turn to them countless times throughout the day, making them an indispensable part of our daily routine. While the advantages of staying “connected” are evident, there are also undeniable disadvantages, with one of the...
Today in retail, Simon Property Group says it is betting on brick-and-mortar, and young consumers are driving growth in Valentine’s Day shopping this year. Plus, Guess investors want founders removed because of ongoing sexual misconduct allegations, and VF Corporation is buying raw materials earlier than...
Activist partners Legion Partners Asset Management have called on fashion brand and retailer Guess’ board of directors to remove Co-Founders and Directors Paul Marciano and Maurice Marciano after “more than a decade [of] a pattern of appalling sexual assault and harassment allegations,” according to a...
Guess, the U.S.-based fashion brand and retailer, has been the victim of a data breach, a report from Bleeping Computer said Monday (July 12). Guess, which operates 1,041 stores in the Americas, Europe and Asia, said that there had been unauthorized access to its system...
April 10, 2024
We’re all booking trips. But what we’re able to spend once we get away from it all … well, that remains to be seen. Delta Air Lines reported earnings on Wednesday (April 10), and CEO Ed Bastian said there has been “real strong demand” to travel, telling Yahoo Finance that “the spring and summer season […]
October 03, 2023
It’s hard to ignore the omnipresence of our mobile phones. We turn to them countless times throughout the day, making them an indispensable part of our daily routine. While the...
February 08, 2022
Activist partners Legion Partners Asset Management have called on fashion brand and retailer Guess’ board of directors to remove Co-Founders and Directors Paul Marciano and Maurice Marciano after “more than a decade [of] a pattern of appalling sexual assault and harassment allegations,” according to a Tuesday (Feb. 8) press release. Legion Partners Managing Directors Chris […]
July 12, 2021
Guess, the U.S.-based fashion brand and retailer, has been the victim of a data breach, a report from Bleeping Computer said Monday (July 12). Guess, which operates 1,041 stores in...
June 15, 2020
The pandemic’s harsh impacts on retail continue to show themselves as brands report plummeting quarterly earnings and eye additional store closings. Inditex revealed what could be a blueprint for a novel online-offline model,...
December 18, 2018
European Union antitrust regulators have fined U.S.-based retailer GUESS 40 million euros ($45.3 million) for illegally blocking cross-border sales in Europe. The investigation into GUESS was launched in June 2017 after...
