High-end home goods retailer RH has renegotiated costs and raised prices on some made-in-China products to offset higher costs related to new tariffs, the company said. RH is exploring options for US manufacturing as it moves more of its production and product development out of China.
Mentos' limited-edition "Complimentos" are rolling out in the UK, offering compliments like "You sweeten up my life." Brand manager Sarah Elmer said the company hopes the campaign will surpass last year's "Mentos Say Hello."
London-based fashion e-commerce platform Farfetch has named former Zalando executive Kshitij Kumar as its chief data officer. The company has also announced several executive promotions, the exit of Chief Marketing Officer John Veichmanis and the creation of an online store on JD.com in China.
Depop, a UK-based social media startup focused on Generation Z consumers who want to want to buy and sell items, raised $62 million in its most recent funding round. The new money will fund further development of its technology and expansion in the US.
RFID software company SML has built a bigger facility in Plano, Texas, set up as a store, a back room and a warehouse to train retailers on using its RFID tags for inventory management. The Hong Kong-based company counts a growing list of retailers among its customers including Tommy Bahama, Target, H&M and Uniqlo.
Custom clothing brand Indochino has built in-house systems for everything from marketing and media buying to running the point-of-sale systems in its 45 showrooms. The strategy is key to keeping control as the direct-to-consumer brand grows its international presence, CEO Drew Green said.
Many small- and medium-sized retailers feel that fast shipping equals high cost. But California-based last-mile delivery solutions provider Shipsi is using learnings from the grocery industry to make same-day delivery a reality for US retailers. "A lot of the exciting things happening with grocery will be relayed and transcend on e-commerce," said Chelsie Lee, co-founder and CEO. Read more from NRF's STORES Magazine.
[We] thought that once we'd climbed the mountain, it was unlikely anyone would ever make another attempt.
Sir Edmund Hillary, mountaineer who, with Sherpa Tenzing Norgay, was the first climber to reach Mount Everest's summit