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Author: FDRA Staff

Retail sales slowed during July as retailers continued to face supply chain disruptions and increased COVID-19 vaccinations allowed consumers to shift some spending from goods to activities outside the home despite the Delta Variant, the National Retail Federation said. “July retail sales showed a slight deceleration...

Burlington Stores Inc. announced that Travis Marquette has been appointed as the company’s new president and chief operating officer, overseeing and managing the company’s stores, real estate, supply chain, and information technology functions. Marquette is expected to begin working in his new position on/before October...

Nordstrom and Asos announced that Nordstrom has acquired a minority interest in the Topshop, Topman, Miss Selfridge, and HIIT brands. This investment will help drive the growth of these brands globally. The partnership is expected to involve extensive collaboration and alignment ro “redefine the traditional retail/wholesale...

Keen Inc. announced the opening of a company-owned factory, in the Dominican Republic—Keen Dominican Republic (KDR)— with 55,000-square-feet of manufacturing space. The factory, located in Santiago. will produce its footwear, led by the Newport H2 sandal, and capable of turning 500,000 pairs a year beginning 2021....

Pacific Sunwear of California has launched into the sneaker resale market with PS Reserve. The online shop accessible through its website offers a mix of sneakers, clothing and accessories from Nike, Jordan, Adidas, Supreme, Bape, and Anti Social Social Club, among others. The collection is authenticated through...