With its new acquisition — the company’s largest to date — Naver has gained a sizable foothold in North America’s secondhand retail market.
Tag: Shopping and Retail
They Flocked to China for Boom Times. Now They’re Thinking Twice.
Global businesses and industries that rode the China growth wave for years are bracing for the fallout of a slowing economy.
France Faces a Mustard Shortage
A perfect storm of climate change, a European war and Covid have left the French scrambling for alternatives.
How Sabyasachi Made the Sari Haute
As his country’s most famous designer, Sabyasachi has persuaded Indians to see the luxury in their fashion heritage. Can he persuade Americans too?
Global Brands Seek Clarity on Xinjiang
Companies that sourced cotton from the region in China are weighing evidence of forced labor, a lack of visibility into operations and new regulation.
A ‘Wild West’ of Marijuana Shops Grows in Toronto
Permitted to operate during the pandemic, even during lockdowns, Toronto’s marijuana shops have flourished and changed the character of an iconic neighborhood.
No Ikea Shelves, No Levis: The Western Retail Exodus From Russia Is On
Since the invasion of Ukraine began, the increasing financial and reputational risks of doing business in Russia are leading Western brands to halt operations.
Towers Rise Over London’s Brick Lane, Clouding Its Future
Luxury developments and rising rents have ignited concerns about gentrification and displacement in a district that has long been a sanctuary for minority communities.
Towers Rise Over London’s Brick Lane, Clouding Its Future
Luxury developments and rising rents have ignited concerns about gentrification and displacement in a district that has long been a sanctuary for minority communities.
For U.K. Companies Brexit Meant Higher Costs and Endless Forms
While the worst of the Brexit trade disruptions are over, British exports to the European Union are down and companies are frustrated.