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Latest retail industry news, trends, analysis, and market intelligence covering fashion, beauty, ecommerce, and consumer brands.
Reporting on retail strategy, brands, technology and the consumer economy.
ASOS, a leading online fashion retailer, has been at the forefront of incorporating artificial intelligence (AI) and augmented reality to enhance the shopping experience for its customers. According to a report by PricewaterhouseCoopers (PWC),…
The integration of AI models in product photography has revolutionized the way businesses showcase their products online. Gone are the days when businesses had to rely on professional photographers to capture high-quality product images.…
The success rate of new products launched into retail stores varies depending on the source. According to Harvard Business School professor Clayton Christensen, approximately 95% of the 30,000 new products introduced each year fail.…
Bergdorf Goodman has recently introduced its innovative Conscious Closet program. This initiative aims to extend the useful life of customers’ luxury items by offering a range of personal styling, alteration, repair, and resale services.…
YouTube has recently introduced new cost management tools for live shopping tags on mobile devices, aiming to enhance the platform’s monetization potential for creators and brands. These tools come as part of YouTube’s ongoing…
Dibs Beauty, a rapidly growing beauty brand, has received a significant growth capital investment from L Catterton, a leading global consumer-focused investment firm. Launched in September 2021 by Tula Skincare founders Ken Landis and…
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…
Sephora, a leading beauty retailer, has joined forces with the nonprofit Pact Collective to launch an innovative recycling program called Beauty (Re)Purposed. This initiative aims to tackle the beauty industry’s waste problem by giving…
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…
In a significant legal victory, US-based performance wear company Under Armour has won its trademark infringement lawsuit against Aditya Birla Fashion and Retail Limited (ABFRL) in the Delhi High Court. The court ruled that…
In a shocking turn of events, Toronto police seized nearly $2 million worth of allegedly counterfeit merchandise from an Etobicoke clothing store, called “Brands Gone Wild.” Customers who have recently made purchases at the…
The US retail industry has been facing a significant reduction in workforce, surpassing the tech sector in total layoffs. This comes as both large and small retail players struggle to adapt to changing consumer…
Sunspel, a renowned British garment manufacturer and retailer, has recently expanded its presence in the United States by opening a flagship store in New York City. Founded in England in 1860, Sunspel is particularly…
PDD Holdings’ Dublin address should not be confused with evidence that Temu moved all of its headquarters operations or supply chain to Ireland.
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…