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Nike, Ikea, Asos join a growing list of global retailers spurning Russia

Inside Retail

Sportswear retailer Nike and home furnishings firm Ikea have shut down their stores in Russia, as the world responds to the rogue state’s invasion of neighbouring Ukraine. Spanish fast-fashion rival Mango said it would temporarily close its stores and website in Russia.

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Uniqlo to suspend Russia operations in U-turn

Inside Retail

Uniqlo owner Fast Retailing Co on Thursday said it would suspend operations in Russia, in a U-turn by the Japanese fast-fashion giant which had indicated it would stay in the market after Moscow’s invasion of Ukraine.

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Candles to cleaning: Diptyque finds beauty “where no beauty is expected”

Inside Retail

In a crowded market like the home fragrance category, where everyone from fast fashion and beauty brands to discount department stores and pharmacists are selling candles, it’s near impossible to create and retain cut-through, much less develop an iconic brand synonymous with luxury and quality like 60-year-old Parisian brand Diptyque.

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Meet Big C: The Thai hypermarket chain thriving in small cities

Inside Retail

You might not get the glam of a trendy big-city mall; there are no fast fashion retailers here, no H&M, no Zara. In fact, there are hardly any fashion stores at all, and that’s partly the point. This is a social concept through and through, built around food, entertainment and services.

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Jason & Scot Show Episode 283 – 2021 Year End Review

Retail Geek

Slightly below the industry average was furniture and Home Furnishing so that grew at 21 percent versus the industry average of 22 and if you just asked me to bet I would have said in the same way that building materials and Home Improvement stores. And then here’s where we start getting surprises.