Latest Stories
David’s Bridal, one of the largest retailers of wedding dresses in the United States, has filed for Chapter 11 bankruptcy protection for the second time in five years. The Pennsylvania-based company announced its decision on Monday morning, stating that it…
In Moscow, a fake Gucci restaurant has recently opened its doors, much to the surprise of the luxury fashion brand. The unauthorized establishment is the brainchild of Russian musicians Yegor Creed and Timati, along with restaurateur Anton Pinsky. Despite having…
In recent years, the concept of the metaverse has gained significant attention, with many businesses exploring its potential impact on retail and customer engagement. However, some retailers are now ditching their metaverse strategies, realizing that it may not be the…
Lacoste, the French clothing brand known for its iconic green alligator logo, has teamed up with Netflix for a first-of-its-kind apparel collaboration. Launched on April 12, this unique collection celebrates the universes of eight popular Netflix shows, including Stranger Things,…
Nordstrom, a leading fashion retail group, has announced plans to open nine new Nordstrom Rack stores across the United States. Nordstrom Rack is the off-price division of Nordstrom, Inc., offering clearance merchandise from Nordstrom stores as well as items purchased…
Bruno Sialelli, the talented 35-year-old French designer, is set to leave his position as creative director at Lanvin after four years. Sialelli joined the historic fashion house in January 2019, becoming the youngest designer to helm Lanvin. During his tenure,…
Reitmans, the Montreal-based retailer, experienced an increase in sales during the fourth quarter of fiscal 2023, with an 11.4% rise to $211.9 million. However, despite the growth in sales, the company’s net earnings were significantly lower than expected. The company’s…
Have you ever wondered what exactly retail means when you’re shopping at your favorite store or clicking through an online marketplace? Let’s break it down in a straightforward way. What is Retail? At its core, ‘retail’ refers to the sale…
Rent the Runway, a leading fashion rental service, has experienced significant growth in recent years and is now targeting a 25% increase in active subscribers. The company’s annual revenue for 2022 reached $296.4 million, marking a 46% increase year-over-year from…
The SYKY Collective, is the first luxury incubator designed for digital fashion houses. The company believes that the next great luxury houses are designing for digital worlds today. These designers are not bound by geography or traditional fashion industry norms,…