Latest Stories
Recent reports indicate that 60% of luxury consumers are more likely to purchase from brands that prioritize diversity and inclusion (D&I). According to a study by Boston Consulting Group, companies with above-average diversity saw a 19% increase in innovation revenue…
Navigating the world of product pricing can often feel like traversing a maze, especially with terms like “retail price” and “selling price” frequently used interchangeably. While seemingly straightforward, these terms hold distinct meanings and carry significant implications for retailers and…
It’s key for businesses to know about wholesale and retail prices to make more money. Wholesale price is what stores pay for lots of items from makers. Retail price is what people like you pay for these items in stores…
The 1980s was a decade marked by bold fashion choices, vibrant colors, and a blend of various styles that have left a lasting impact on the fashion industry. Mainstream fashion embraced sportswear clothing, largely influenced by the fitness craze of…
Selling on consignment is a business arrangement where goods are provided by one party, known as the consignor, to another party, known as the consignee, who then sells the goods on behalf of the consignor. The consignee does not purchase…
You’re not alone if you love Lucy in the Sky’s trendy, feminine styles. This Los Angeles-based brand has captured the hearts of many young women of the Gen Z generation with its chic and affordable designs. From flirty mini dresses…
According to a report from market researcher Mintel, 55% of men in the United States wear cologne, highlighting the importance of fragrance in daily grooming routines. But what about these opulent scents make them so irresistible to men? Luxury perfumes…
Have you ever wondered why some designer fanny packs cost up to $10,000, while others are much cheaper? Fanny packs have returned in style, now called bum bags or belt bags. Luxury designers revamp them with a modern edge. These…
Have you ever walked into a store and felt it was made just for you? This is the magic of specialty stores. In these places, every item speaks to a specific group of people. The specialty retail scene is thriving…
An average workweek of 75 hours—equivalent to nearly double the recommended maximum workweek in Shein’s supplier Code of Conduct—continues to be the harsh reality for many of Shein’s workers, according to a recent follow-up investigation by Public Eye. Despite Shein’s…