Articles by Caitlyn Terra
Caitlyn Terra studied Journalism in Utrecht and has been working as a fashion journalist for FashionUnited Benelux since 2017. Since 2022, she is also the Managing Editor for FashionUnited's Benelux editorial team. Caitlyn is a news hunter at heart and is not afraid to sink her teeth into a story. She alternates between CEO interviews, reports, daily news and long investigative stories. She places extra importance on the themes of inclusivity and accessibility.
World Retail Congress: Experts discuss the reality of AI in retail
London - Prior to the event, it was already clear that the theme of AI would be unavoidable at the World Retail Congress in London. Although it is still a hot topic, the hype and initial panic have given way to reflection and well-considered steps. There were certainly advocates and fans of AI. Scott Price, chief executive officer of DFI Retail...
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European commission demands action from Shein for consumer rights violations
The European Commission and various national watchdogs from EU member states are urgently calling on Shein to respect consumer protection laws. The call follows an investigation by the Consumer Protection Cooperation (CPC), which concluded that the Chinese retailer Shein was violating several laws. The CPC wants the retailer to correct the...
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Victoria’s Secret & Co implements plan to prevent possible takeover
Lingerie group Victoria’s Secret feels compelled to take action now that shareholder Brett Blundly is buying more and more shares. The American group wants to prevent Blundly from gaining a majority stake or even control of the group, according to a newly submitted plan. Blundly owns the company BBRC International Pte Limited. For some time,...
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EU wants to implement small levy for imported packages
The EU is one step closer to introducing a levy on small packages from outside the EU. The Financial Times reports that the EU is considering a levy of 2 euros per package. Various national customs authorities have recently sounded the alarm. The authorities are being flooded with packages arriving from outside the EU and called on the region to...
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Parent company Arc’teryx and Peak Performance raises annual expectations after positive Q1
Amer Sports, Inc. had a strong first quarter. The Finnish sports group saw significant growth in both revenue and net income, according to the published quarterly figures. Due to the strong results, Amer Sports, Inc. decided to raise its expectations for the full financial year. Amer Sports, Inc. is the parent company of the brands Arc’teryx,...
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European economy starts 2025 stronger than expected
The European economy surpassed expectations at the start of 2025. The European Commission shared in its most recent economic forecast that the economy had a stronger start than anticipated. The European economy is expected to continue growing slowly in 2025, with an acceleration in 2026, according to the update. The Gross Domestic Product in the...
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Growth of Chinese economy slowed in april
The growth of the Chinese economy in April did not meet analysts' expectations. Retail sales growth and production growth in the country were lower than previously expected, according to Reuters and AP News. A major reason cited was the increase in import duties between the US and China since the beginning of April. Retail sales growth amounted...
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Klarna presents growth figures, but remains silent on paused IPO
Fintech company Klarna reported growth figures in the first quarter. The company saw revenue increase by 15 percent to 701 million dollars. However, it remained silent about its intention to go public after this plan was paused in April. The little that was said about the initial public offering (IPO) is that Klarna is monitoring ‘the changes in...
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Redundancies within Nike’s technology department
Sportswear brand Nike has cut jobs within its technology department, a spokesperson confirmed to media platform FashionNetwork. Nike’s management team was also recently shaken up. Sources told the media platform that the redundancies mainly affect staff within the ‘strategic enterprise and corporate functions departments’. These departments...
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After hype: H&M's former CEO on next phase of sustainability in fashion industry
London - One of the best speakers at the World Retail Congress 2025 was Helena Helmersson. The former CEO led the Swedish H&M Group for several years and recently became the chair at material innovation company Circulose. In London, during a compelling keynote speech, she urged all professionals present to refocus on sustainability. Helmersson...
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