The new valuation puts the stake held by its chair and chief executive, Bernard Arnault, at $212bn – cementing his position as the world’s richest person.

Fast Retailing had originally performed compliance checks only on plants operated by primary and secondary suppliers. Now, Uniqlo will handle compliance checks for third-tier cotton spinning mills.

South African groups say Shein deliberately sends its goods in small packages of lesser value to reduce import duties aimed at protecting local businesses.

In this epilogue to ProMat 2023, industry experts distill, discuss and deconstruct the latest in warehouse technology trends as seen at ProMat.

Retailers should change their mindset to view returns as a profit center, not a burdensome cost, says Itamar Zur, co-founder and chief executive officer of Veho.

The sorting centers are designed to further Target’s strategy of using its stores to handle online orders as it vies with Amazon.com Inc. and Walmart Inc. for sales.

With more shoppers buying on credit and returning goods to stores, the better-than-expected sales at Christmas may not have been as meaningful as some observers hoped. 

Each year, millions of garments are bought and disposed of by consumers, leaving behind a wake of water pollution and carbon emissions.

It’s getting increasingly hard to tell real from fake in so many aspects of life today, but at least one sector might be poised for a reversal of that trend, thanks to technology.