-
Kantar Retail makes holiday sales prediction
Retailers can expect a slight rise in holiday sales this year compared to last — fueled largely by the online channel. That’s according to Kantar Retail, which released the industry’s first 2016 holiday sales forecast. It projects growth of 3.8% for the fourth quarter, a slight increase over the 3.4% growth in the year-ago period. -
Abercrombie & Fitch expanding global footprint through wholesale deal
Shoppers in select foreign markets have a new way to purchase goods from Abercrombie & Fitch. The retailer on Wednesday announced a wholesale agreement with Zalando SE, a Germany-based online retailer that carries more than 150,000 styles from some 1,500 brands for women, men and kids and counts more than 18 million active customers. Beginning this week, Zalando will start selling Abercrombie & Fitch, Hollister and abercrombie kids products through its online stores in the 15 European markets it serves.

