Trove, known for managing resale operations for brands like Patagonia and Levi’s, will integrate Recurate’s peer-to-peer model
Business News
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Recent inspections by Seoul authorities have uncovered toxic chemicals in products from SHEIN, Temu, and AliExpress. Products tested contained harmful levels of substances such as phthalates, formaldehyde, dioxane, and lead, raising significant concerns about safety standards in the e-commerce sector.
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SHEIN has brought on former EU commissioner Günther Oettinger to help manage European regulatory challenges as it prepares for an IPO in London. With Oettinger's expertise, SHEIN aims to address potential regulatory scrutiny and navigate new import duties on low-cost goods.
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Value-focused apparel and lifestyle retailer Intune has launched its second store in Gurugram, aiming to reach shoppers throughout Delhi NCR. The new store, situated within Elan Epic Mall, spans an impressive 4,385.9 square feet.
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The company’s revenue rose by 6.66 per cent year-over-year (YoY), while profits increased by a remarkable 49.24 per cent YoY.
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British heritage menswear brand Ben Sherman, owned by Marquee Brands, is opening two new mono-branded concept retail stores as part of its continued expansion plans in the UK.