Ebay to open sneaker pop-up in Chicago
Ebay is set to open a unique sneaker pop-up store in Chicago, celebrating the birth and rise of the iconic Air Jordan 1. The ’85 Shop, located at 1045 W Fulton Market, will be open for two days only, from…
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Christina Aguilera joins sexual wellness brand Playground
Grammy Award-winning singer-songwriter Christina Aguilera has recently joined Playground, a sexual wellness brand, as co-founder and chief brand advisor. Launched in 2022, Playground focuses on creating water-based personal lubricants designed to enhance pleasure and comfort during intimate moments. The brand…
Online Retailer Goes Into Administration After Sales Plummet
A popular online fashion and homeware Australian-owned retailer, EziBuy has recently entered administration due to a significant decline in sales. Owned by ASX-listed Mosaic Brands, EziBuy experienced a 51% drop in sales during the first half of the 2022-23 financial…
Costco’s Online Competitor Boxed.com., Files For Bankruptcy
The online bulk retailer, Boxed.com that had once experienced significant growth during the Covid-19 pandemic, filed for Chapter 11 bankruptcy on April 2, 2023. The company, which was founded in 2013, went public in 2021 after merging with special-purpose acquisition…
Lipstick Index: The Beauty Industry Is Holding It’s Own Despite Inflation
The beauty industry has proven to be resilient in the face of economic challenges 2023, as evidenced by the lipstick index. Data shows that the beauty industry is holding its own despite inflation. ‘The lipstick index’, a term coined by…
Express faces NYSE delisting
Express Inc., a well-known fashion retailer, faces delisting from the New York Stock Exchange (NYSE) due to its inability to meet the required trading criteria. The NYSE had notified Express in September that it had breached compliance with its continued…
Bed Bath & Beyond sued by former CEO
Former Bed Bath & Beyond CEO Mark Tritton has filed a lawsuit against the company, accusing it of failing to honor his $6.765 million severance agreement. Tritton was ousted as CEO in June, following missed earnings and the company’s decision…
Neiman Marcus Group Goes Fur-Free
Neiman Marcus Group, a leading luxury fashion retailer, has announced its commitment to a fur-free future by 2023. In June 2022, the company adopted a new Animal Welfare Policy and pledged to eliminate fur products from its assortments, including Neiman…
Walmart Opens Applications for Beauty Brand Accelerator
Walmart’s 2023 beauty accelerator application announcement is retained as historical coverage. Check Walmart for current programs and deadlines.
High-End Consumers Crunch Numbers Amid Economic Caution
The global economy is facing a potential recession as we approach mid-2023, which will significantly impact consumer spending behavior. One of the most notable trends that will emerge during this period is the rise of price-conscious high-end consumers. These individuals,…
H&M Extends Plus Size Options for US Market
Leading fashion retailer, H&M, has recently announced its commitment to inclusivity by extending its size options for the US market. The brand now offers products ranging up to 2XL in stores for both women and men, while their online shop…