First quarter earnings results reveal some strong growth in the retail sector along with concerns from macroeconomic conditions like high fuel prices and budget-conscious shoppers.
Higher fuel prices due to the war with Iran are putting pressure on Walmart's customers and supply chain, and could lead to higher prices on the shelf.
Shein’s purported acquisition of Everlane isn’t its first attempt to boost its brand credibility. In recent years, it struck a partnership with Forever 21, acquired the U.K. brand Missguided and launched a third-party marketplace. But it's still unclear how all of these efforts will live together.
