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Fast fashion e-retailer Shein has recently partnered with the Fashion Institute of Design and Merchandising (FIDM) to launch a scholarship program and design course for students. This collaboration, known as the SHEIN X Project Launchpad, aims to provide aspiring designers…
Pop star Katy Perry recently lost a trademark battle against Australian fashion designer Katie Taylor, who sells clothes under her maiden name, Katie Perry. The case revolved around the infringement of Taylor’s trademark by Katy Perry’s merchandise, which was sold…
Temu, a rapidly growing shopping app owned by Chinese e-commerce giant Pinduoduo, has been making waves in the US market since its launch in September 2022. With over 50 million downloads and a market cap of over $120 billion, the…
Store closing sales have begun across all Bed Bath & Beyond and buybuy BABY locations nationwide, following the announcement of Bed Bath & Beyond’s Chapter 11 bankruptcy filing on April 23. The company has confirmed that all 360 Bed Bath…
Anthropologie Group, the American lifestyle brand, recently announced new leadership appointments as part of its strategy to position itself for continued growth following its 30th anniversary. Tricia Smith, Global CEO of Anthropologie Group, expressed her excitement about the new leaders,…
The Athlete’s Foot (TAF), a global retailer of athletic-inspired lifestyle products, has launched its highly anticipated “neighborhood” concept store in midtown Atlanta, Georgia. The grand opening took place on April 28th and 29th, 2023, with several community-focused events at the…
Tara Shanahan, an experienced retail executive, has recently been appointed as the Senior Vice President of Retail at SKIMS, a leading fashion brand. With a strong background in the retail industry, Tara is expected to bring valuable insights and expertise…
In the fast-paced world of fashion retail, maintaining optimal inventory levels is crucial for success. Overstocking, also known as inventory bloat, is a significant issue faced by fashion retailers. It occurs when retailers accumulate more inventory than they can sell,…
Adidas is facing a class action lawsuit filed by shareholders who claim the sportswear brand knew about Kanye West’s problematic behavior years before ending their partnership over his antisemitic comments. The German sportswear giant, experienced a significant decline in its…
When it comes to attracting affluent shoppers, you will need to invest in specific retail sales and promotions strategies that work best for affluent shoppers focus on providing a personalized, convenient, and high-quality experience. These customers value experiences over material…