The deal comes on the back of a recent foray into the U.S. logistics sector that saw the family office spend close to a billion dollars on warehouses across the country.

Demand for apparel and accessories is declining, and Macy’s cut back its full-year outlook on sales and profits June 1.

The problem of omnichannel retail returns is one that must be addressed.

It's important that companies prepare now for a coming growth spurt, says Gregor Baumeister, director of warehousing and distribution at Beumer Group.

Ten years on from the Rana Plaza factory collapse, governmental bodies around the globe are taking on more responsibility for worker safety and corporate due diligence. But it's not enough.

The new valuation puts the stake held by its chair and chief executive, Bernard Arnault, at $212bn – cementing his position as the world’s richest person.

Fast Retailing had originally performed compliance checks only on plants operated by primary and secondary suppliers. Now, Uniqlo will handle compliance checks for third-tier cotton spinning mills.

South African groups say Shein deliberately sends its goods in small packages of lesser value to reduce import duties aimed at protecting local businesses.

In this epilogue to ProMat 2023, industry experts distill, discuss and deconstruct the latest in warehouse technology trends as seen at ProMat.