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SoftBank to Invest $2 Billion in Korean E-Commerce Site Coupang

The deal marks another enormous bet on e-commerce for SoftBank, which backed Alibaba before it dominated the Chinese market. from The Business of Fashion https://ift.tt/2TubfBG

Kohl's Tops Same-Store Sales Estimates, Raises Forecast

The American department retailer has benefitted from a makeover of its stores, as well as partnerships with Amazon and Under Armour. from The Business of Fashion https://ift.tt/2KkJYxs

The Race to Replace Victoria’s Secret

The lingerie giant is more vulnerable than at any point in its history, with sales declining and mounting criticism of its marketing. American Eagle, Rihanna and a host of start-ups are positioning themselves as Victoria’s Secret’s body-positive, inclusive successors. from The Business of Fashion https://ift.tt/2qX3jM8

Forget Luxury, Cheap Clothes Mean Big Money in China

There is a fortune to be made selling low-cost clothing in China. But cut-throat competition, ‘Taobao villages’ and local know-how give domestic players an edge over global names like H&M and Zara. from The Business of Fashion https://ift.tt/2TtBFU4

L Brands Shares Fall After Cutting Dividend

Sales at Victoria's Secret stores that have been open for at least a year fell 2 percent, but were better than analysts' average estimate of a 4 percent decline. from The Business of Fashion https://ift.tt/2FFUm4q

Victoria's Secret Hires CEO From Tory Burch to Lead Turnaround

John Mehas was the president of Tory Burch. from The Business of Fashion https://ift.tt/2Q55bRq

Ikea praised for letting stray dogs sleep inside store during winter months

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Ikea praised for letting stray dogs sleep inside store during winter months Ikea is getting a big paws up from stray dogs in Italy.