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The future of cryptocurrency in the retail industry appears promising, with an increasing number of US brands and retailers embracing crypto as a form of payment. As digital currencies gain traction among consumers, particularly millennials and Gen Zers, businesses are…
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…
Dominique Covington Boseman, a former human rights attorney, turned her passion for helping people into a quest to create beauty products “without sacrifice” for women of color. After struggling with eczema, dry skin, and sensitive skin, she decided to look…
Funko, the popular toy and collectible manufacturer, has recently announced plans to destroy between $30 million and $36 million worth of inventory. This decision comes as a result of surplus stocks that have strained the company’s fulfillment network and increased…
Burberry, the renowned British luxury brand famous for its iconic tartan pattern and trench coats, has recently appointed Kate Ferry as its new Chief Financial Officer (CFO). Ferry is set to join the company in late September, succeeding Julie Brown,…
A report revealed a significant trend among children aged six to 16, known as Generation Alpha. The study found that 55% of these young individuals expressed a desire to purchase items showcased by their favorite Instagram and YouTube influencers. This…
Lime Crime, a cosmetics and hair color brand known for its bright, neon, and alternative makeup products, has recently expanded its presence in the beauty industry by launching its makeup line into Sally Beauty stores. The brand, which was founded…
Square, a leading payment-processing company, has recently launched an accelerator program called Forward to support Black and Latino retail business owners in the United States. The program aims to help these entrepreneurs overcome systemic barriers by providing them with essential…
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…
The Droplette Micro Infuser Device is a groundbreaking innovation in the world of skincare, offering a contactless and needle-free solution for delivering active ingredients deep into the skin. This revolutionary device harnesses the power of physics to transform skincare ingredient…