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pymnts | January 22, 2018
The largest shareholder in Italian online fashion retailer Yoox Net-a-Porter Group (YNAP) has put out an offer to buy the shares in the company that it doesn’t already own, industry news source Business of Fashion reported. Switzerland-based luxury goods holding company Richemont — which entered into an agreement with Italy’s Yoox Group to merge the company with Net-a-Porter in an all-share deal in 2015 — is seeking nearly 50 percent of the company at €38 per share. ...
trtworld | January 13, 2020
Lindsey Vonn was among the luminaries on hand last month to christen "Big Snow," North America's first indoor ski facility, part of a new $5 billion mega-mall in New Jersey. For about $30, consumers can ski for two hours on a 300-metre hill of man-made snow, the glare of the sun replaced by a metal ceiling in a venue that will be kept below freezing even in the dog days of August. Big Snow is a flagship experience at the partially opened "American Dream," an ambitious, lo...
supplychaindive | January 13, 2020
Fabric, the robotic micro-fulfillment technology company formerly known as Commonsense Robotics, will open at least two new fulfillment centers in Manhattan in 2020, the company's Chief Commercial Officer Steve Hornyak told Supply Chain Dive at the National Retail Federation's Big Show in New York City on Sunday. Both facilities will serve multiple, yet-undisclosed, non-grocery clients. The first micro-fulfillment center will be located in Brooklyn, New York and open in the first quarter...
retaildive | January 13, 2020
A rollercoaster year in athletics retail was capped off this fall with the departures of Nike CEO Mark Parker and Under Armour CEO Kevin Plank. Paired with another executive change at Adidas as Eric Liedtke, head of global brands, stepped down, the moves amount to “seismic changes” in the category, according to NPD Vice President and Senior Industry Advisor of Sports Matt Powell. All three announced their departures over a two-day span in October. The announcements were defining mome...
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