PRESSURE FROM SHEIN, TEMU ACCELERATE RETAIL CLOSURES The filing comes shortly after the company tapped Houlihan Lokey Inc. to ...

For the second time in seven years, Claire’s filed for Chapter 11 bankruptcy protection in federal court on Wednesday ...

The retailer has struggled since its 2018 bankruptcy and isn’t well positioned for tariffs and other economic headwinds, ...

The chain's bankruptcy filing is the second in seven years. Its troubles include unwieldy debt, shoppers' changing habits and new tariff costs.

Once ubiquitous for ear piercing at the mall, Claire’s faced financial volatility along with other bricks-and-mortar ...

Snap SNAP reported second-quarter revenue of $1.3 billion, up 9% year over year, largely due to strength in European markets.

Despite concerns about inflation, tariffs and consumer sentiment, performance marketing agency Tinuiti found that businesses ...

By Siyanda Mthethwa JOHANNESBURG (Reuters) -China-founded e-commerce retailers Shein and Temu have captured a combined 3.6% ...

Temu and Shein have long been known for their ultra-low prices. In fact, Temu’s famous Super Bowl ad encouraging people to ...

Adyen, a Dutch payment tech company, recently published a study on Gen Z and their shopping habits and found that 57% of ...

The Italian Competition Authority announced Chinese retailer Shein was fined more than $1 million for allegedly "misleading" ...

The Armani Group, owner of Giorgio Armani and Emporio Armani, has been fined $4 million USD (3.5 million euros) by Italy’s ...