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Skims, the innovative shapewear brand founded by Kim Kardashian, has recently opened a pop-up store in New York City, targeting fashion-conscious women aged 18-45 who value quality, comfort, and fit. Located at The Channel Gardens at Rockefeller Center on 620…
Global online fast fashion retailer, Shein is set to open 30 brick-and-mortar stores this year in the UK, marking a significant shift in the brick-and-mortar retail landscape. The Chinese fast-fashion brand, which has gained immense popularity among Gen Z consumers,…
Fashion retailer H&M has been facing a lawsuit accusing the company of misleading consumers with false sustainability claims. The proposed class-action complaint alleges that H&M’s advertising is “designed to mislead” customers into believing that its Conscious Choice products are environmentally…
Boohoo, a popular online fast-fashion retailer, has recently reported a staggering £91 million loss as its annual sales dropped and the company grappled with an increased number of returned products. This downturn can be attributed to a shift in consumer…
The Financial Reporting Council (FRC) has launched an investigation into Deloitte’s audit of the UK clothing retailer Joules for the year ending 30 May 2021. Joules, a Leicestershire-based company founded in 1989, struggled to survive during the pandemic as retail…
Chanel, the iconic French luxury brand, has recently opened its largest store in the United States on the prestigious Rodeo Drive in Beverly Hills, California. The grand opening took place on May 5th, after a decade of planning and three…
Fast fashion group Boohoo is reportedly seeking a 10 percent discount from its suppliers in an effort to reduce supply chain costs. This demand applies to both delivered and undelivered clothing, encompassing all outstanding orders made by the retailer. The…
The fashion and luxury industry is dominated by several major corporations that have established themselves as leaders in the market. These conglomerates have diversified their portfolios to include a wide range of high-end brands, catering to various segments within the…
Canadian fashion retailer Aritzia has experienced significant growth in fiscal year 2023 (FY23), with a 39.6% increase in gross profit, reaching $914 million. This impressive growth is attributed to higher sales volumes across the company’s retail and eCommerce channels. In…
The super-rich have a penchant for understated dressing, often opting for simple and elegant styles that don’t scream wealth. This preference for “quiet luxury” or “stealth wealth” is driven by various factors, including psychological reasons, decision fatigue, and the desire…
Skims, the Los Angeles-based underwear, loungewear, and shapewear brand, has recently expanded its wholesale business by opening a dedicated shop inside Saks Fifth Avenue’s New York flagship store. The brand is now available on Saks.com as well. This partnership brings…