Wholesale Industry and Market News

It looks like the steady stream of profits enjoyed by many luxury brands is starting to slow down.

Tapestry, owner of Coach, is planning a prospective takeover of Capri Holdings, owner of the more affordably priced label Michael Kors.

Rolex, the Swiss luxury watch titan, has announced its acquisition of the renowned watch retailer, Bucherer.

As Americans continue to buy the necessities of life, while also looking for the best deals, Walmart sales and profits continue to grow.

Over the past couple of months, several substantial fashion labels have reported significant declines in their wholesale profits.

Gucci is launching new plans in order to keep business rolling in the current state of the economic climate and continuing customer fatigue.

Retail giant Primark made 9.5 billion dollars in sales revenue last year without a penny of it coming from online shopping.

To overcome the wholesale slump in the U.S. market, Levi Strauss & Co. is diversifying its products and focusing on direct-to-customer sales.

Over the next year, Nike is set to raise prices despite ongoing efforts to focus on using discounts to sell excess inventory and boost sales.

Instacart addresses disrespect and rude behavior toward delivery personnel and says repeated rulebreakers will be banned from the app.