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Selfridges, the luxury department store, has recently introduced a made-to-measure service in collaboration with eight renowned brands, including Giorgio Armani, Prada, and Thom Browne. This move comes as a response to the increased demand for tailored clothing, with the retailer…
Store closing events commenced on Tuesday, March 21, 2023, at all Nordstrom Canada locations, following an Order from the Ontario Superior Court of Justice obtained by Nordstrom Canada on Monday, March 20, 2023. The decision to liquidate all 13 stores…
Superdry, a struggling British fashion brand, has recently sold its intellectual property (IP) assets in the Asia Pacific (APAC) region for $50 million. The buyer is South Korea’s Cowell Fashion Company, a firm that specializes in licensing and manufacturing apparel…
DressX, a revolutionary fashion tech company, is transforming the way we perceive and consume fashion has successfully raised $15 million in a Series A funding round led by European crypto investment firm Greenfield Capital. Other participants in the round included…
Nordstrom Canada has received permission from the Ontario Superior Court of Justice to begin liquidation sales at its closing stores. The court approval was necessary as Nordstrom is winding down its Canadian operations under the Companies’ Creditors Arrangement Act, which…
In today’s fast-paced retail landscape, mastering omni-channel retail is no longer just an ambition – it’s a necessity. According to recent research and reports, businesses that achieve a unified strategy across all channels are better able to reach and keep…
Chloé, a renowned French luxury brand, has introduced an innovative digital ID system with its Spring-Summer 2023 collection. This groundbreaking initiative, known as Chloé Vertical, aims to revolutionize the fashion resale industry by providing unparalleled transparency and access to the…
Saks Fifth Avenue, a renowned luxury retailer, is venturing into the travel business through a marketing partnership with Inspirato, a luxury travel subscription service. As part of this collaboration, around 3,000 Saks stylists will become brand ambassadors for Inspirato, introducing their…
Yummie, the brand that revolutionized the shapewear world with multi-patented three panel shaping tanks has introduced new fashion styles and added fresh colors and fabrications to its most popular styles. The new offering is the Kelly High Neck Longline Bra…
Luxury retail giant Neiman Marcus has been a household name for over a century, catering to the elite and affluent consumer market. However, with the rise of e-commerce and changing consumer behavior, the company has faced challenges in recent years.…