Retail | Business Post

Faster and faster fashion: How online retailer Shein has left its rivals scrambling to catch up

Shein, the Chinese online clothing giant, has grown at such speed that it has left competitors’ heads spinning. How has it done it? Through clever use of TikTok, cosying up with Gen Z and – many warn – throwing environmental concerns to the wind

Hard sell: Retailers braced for fresh set of challenges

On top of ever-present online competition, high street stores just recovering from lockdown now have to contend with inflation, labour shortages and supply-chain issues. Still, experts don’t expect a tide of insolvencies just yet

Shopping centre vacancy rate tops 15% nationwide

Pandemic and online competition have hit high street retail hardest in the west of Ireland, where nearly a third of units are empty

Brown Thomas and Arnotts to invest €50m in online and in-store shopping

The five-year investment plan was revealed in advance of the opening the luxury retail brand’s €12m Dundrum store

Tommy Hilfiger owner cuts headcount by 20% as sales drop €10m in pandemic

Group took €841,000 in government wage supports as profits in Ireland fell by nearly 50%

‘No requirement’ for .ie websites to be based in Ireland - CCPC

The Irish consumer watchdog said it has received complaints from consumers reporting that they had bought from .ie websites under the assumption that they were EU-registered entities

New shopping start-up aiming for 15 minutes of fame

Dublin-based e-commerce outfit Shuppa’s selling point is that it can get groceries to customers’ doors within a quarter of an hour

Troubled parent company of Zara plans Irish expansion

Spanish-owned fashion giant Inditex, which also owns Pull&Bear among others, has been closing thousands of stores globally, but plans to expand here

‘Game-changer’ Smyths deal paves way for Arckit to hit €1m revenue target

The model kit manufacturer has created a line of Lego-esque architecture toys that have been nominated for top industry awards

Christmas tree maker sends $20m from Irish branch

Balsam Brands set up a subsidiary in this country seven years ago, and has since used it to record huge sums of international sales

Ian Guider: Retailers fear lockdown rent hit after Foot Locker ruling

The sportswear giant has the cash to go to court, but smaller businesses need a better mechanism for settling lease disputes, and the new Scarp rescue scheme falls short here

Several buyers still in the market for Brown Thomas

The sale of the Selfridges Group may take longer than expected due to the number of interested parties

Shops that sell cigarettes to minors face bans of up to a month

New government legislation will mean retailers could lose their tobacco licence for varying periods if they are found to have sold cigarettes to children

Shifting consumer habits spark a smart response

Marks & Spencer launch first customer loyalty scheme in Ireland, in tandem with new app

M&S goes full Irish to ensure Christmas turkeys and sausages

The British retail giant is sourcing seasonal favourites from Irish suppliers as a result of Brexit-related delays in deliveries

Empty shelves and queues for petrol: what is causing Britain’s supply chain crisis, and is Ireland next?

With supplies being disrupted, long queues at the petrol pumps and warnings of a difficult Christmas, the public mood in Britain is turning sour as the full extent of Brexit’s huge repercussions become apparent. What is going on, and could similar scenes be witnessed in Ireland?

‘Fashion revolution’ as charity sales platform launches app

The founders of the website, which carries goods from 98 per cent of charity shops in Ireland, are also expanding the service to Britain

Pandemic opened doors to US market for Irish skincare firm

The founder of Wexford-based Holos Skincare said wholesale move online made Stateside leap more affordable and straighforward

US shopping channel deal could reboot Irish retail and tourism

Pennsylvania-based QVC, which has 16 million active customers, plans to broadcast from Ireland, which could be a game changer for struggling vendors here

Lululemon Ireland reports profits slump of 25 per cent

The luxury athletic wear company said the pandemic continued to create ‘uncertainty’ over the brand’s ability to trade from its Brown Thomas store front