Inside Retail US

Inside Retail is the world’s leading retail authority reporting industry news, insights, in-depth analysis

[Inside Retail US @insideretailus]

At a time when many apparel retailers are struggling to hold onto shoppers, @ARITZIA continues to outperform.

Read the full article: https://t.co/b4YrJmXI18

[Inside Retail US @insideretailus]

@Uber has agreed to acquire @deliveryherocom in a deal valued at approximately $14.8 billion, following the German food delivery company’s disclosure that it was in advanced takeover talks with the US ride-hailing giant. https://t.co/3eH8O2WktS

[Inside Retail US @insideretailus]

Luxury conglomerate @KeringGroup has named Romain Spitzer CEO of Bottega Veneta, effective September 1. He will report to Kering CEO Luca de Meo and will be based in Milan, where he will join the group’s executive committee. https://t.co/eAQI11yCva

[Inside Retail US @insideretailus]

@deliveryherocom said on Tuesday it was in advanced negotiations with @Uber Technologies regarding a potential takeover offer, confirming earlier media reports that the US ride-hailing and food-delivery company is pursuing the German group. https://t.co/8a18iSj0B8

[Inside Retail US @insideretailus]

@DairyQueen have quietly closed at least 46 restaurants across the country. The largest wave of closures occurred in Texas, where franchisee Project Lonestar shuttered 30 restaurants last year and another 12 in March. https://t.co/bYghIKeQpV

[Inside Retail US @insideretailus]

French luxury giant @KeringGroup SA, parent of @Gucci, @YSL and Balenciaga, is facing a potential class action over tariff price Increases that were not refunded to consumers. https://t.co/DnlDWOGDcO

[Inside Retail US @insideretailus]

@ChipotleTweets will enter Mexico on Thursday with the opening of its first restaurant in Nuevo León under its partnership with restaurant operator Alsea. https://t.co/cqi1q2XQIo

[Inside Retail US @insideretailus]

Outdoor brand @LLBean has named Jared Carver and Kyle Leahy as independent directors to its board, saying the additions come at an “important time” as it advances its growth initiatives. https://t.co/UAtO8OkgXr

[Inside Retail US @insideretailus]

@LeeJeans has appointed Experience Group as its long-term operating partner for Europe as the denim brand moves to expand its presence across the region following Authentic Brands Group’s planned acquisition of the label. https://t.co/TUeD7QwQzZ

[Inside Retail US @insideretailus]

Beauty holding company Belle Brands has completed the acquisition of clean skincare and makeup brand @VersedSkincare for an undisclosed fee.
https://t.co/H69Rpe4QbT

[Inside Retail US @insideretailus]

New York sued @3M, DuPont and other companies on Thursday for harming the environment and people’s health by selling ‘forever chemicals’ that they knew were toxic, for use in consumer products. https://t.co/mTXTJYngTE

[Inside Retail US @insideretailus]

@Ford just gave us the most expensive case study in recent history as to why AI should work alongside employees, rather than replace them.

Read more: https://t.co/AQud9ZOU7Y

[Inside Retail US @insideretailus]

@LeviStraussCo saw its sales growth extend in the second quarter, which management said reflects the results of its ongoing strategies. https://t.co/AWQ5FuULfu

[Inside Retail US @insideretailus]

@gucci will transfer its beauty business to L’Oréal a year earlier than planned, after agreeing with Coty to end its licensing arrangement early. https://t.co/SdgfJpOIFJ

[Inside Retail US @insideretailus]

French outdoor sports brand Salomon has expanded its US retail footprint with the opening of its largest New York City store in the Flatiron district. https://t.co/pWe7oV6oFM

[Inside Retail US @insideretailus]

@7eleven has filed a trademark infringement lawsuit against @Nike, alleging the sportswear company copied the convenience retailer’s signature branding for a new Air Max 95 sneaker due to launch on July 11. https://t.co/wSjId6vMpu

[Inside Retail US @insideretailus]

@Gymshark founder Ben Francis is reportedly looking to buy back the 21 per cent stake his business sold to US private equity firm General Atlantic.
https://t.co/ly1vcgS8yF

[Inside Retail US @insideretailus]

@CHANEL has acquired French shirtmaker Charvet, bringing one of the world’s oldest bespoke shirtmakers into its portfolio. Financial terms of the deal were not disclosed. https://t.co/UiysFTiUZd

[Inside Retail US @insideretailus]

Chinese ‌technology and e-commerce giant @AlibabaGroup and its US-based payment processor have agreed to pay $600 million to resolve allegations that they failed to prevent illegal drug sales, the US Justice Department said on Wednesday. https://t.co/CzEx3OUqzY

[Inside Retail US @insideretailus]

@kroger has agreed to acquire grocery and pharmacy chain @GiantEagle for $1.65 billion, as the grocer seeks to expand its presence and boost sales.
https://t.co/8ex9COKlf9