After a dismal set of results from many clothing retailers over the holiday period, some may be wondering whether consumers were buying much apparel at all.
Google’s recent revamp of its product discovery tool is designed to fend off competition in the U.S. from Amazon in the $55 billion search advertising market.
That L Brands has opted to sell a majority stake in Victoria’s Secret is a tacit recognition that the brand was on the road to nowhere under its previous leadership.