News

Latest news, headlines, blogs, photos and expert insights about retail, consumers, shopping, beauty and luxury companies from Retailboss.co

Beauty M&A Investment Deals of 2023

In 2023, the beauty industry witnessed a flurry of mergers and acquisitions (M&A) as companies sought to expand their portfolios and capitalize on growth opportunities.

Jacquemus CEO to Step Down

Bastien Daguzan has announced his departure from the role of CEO and President at Jacquemus, the French luxury brand known for its modern aesthetic and independent spirit.

Prada Buys Fifth Avenue Retail Building for $425M

Italian luxury fashion house Prada has purchased the building housing its flagship store on New York City’s prestigious Fifth Avenue.

Plaintiffs Drop Greenwashing Lawsuit Against H&M

Two plaintiffs have voluntarily dismissed their lawsuit against the global fashion retailer, H&M which had accused the company of misleading consumers with false sustainability claims.

zulily sues amazon

The online retailer Zulily has initiated a lawsuit against the e-commerce giant Amazon. This move comes amidst various antitrust allegations and legal challenges that Amazon has faced from various entities, including the Federal Trade Commission (FTC) and 17 states.

Walmart Buy Now, Pay Later at Self-Checkout

Walmart has recently enhanced its customer payment options by incorporating Affirm’s buy now, pay later service directly into its self-checkout process. 

AI model - fashion app - diversity

The integration of artificial intelligence (AI) is changed how retailers approach everything from marketing to inventory management.

farfetch Coupang fashion deal

South Korea’s leading online marketplace, Coupang, announced its acquisition of the luxury fashion platform Farfetch in a pivotal $500 million deal.

Retail Trends For 2024 - Predictions from Experts

As we stand on the cusp of 2024, the retail landscape is poised for a transformative shift driven by the relentless march of artificial intelligence (AI).

Luxury Retailers Fear Excess Inventory Amidst Declining Holiday Spending

A mountain of unsold inventory is a multifaceted issue facing high-end luxury retailers this holiday season.

Cardi B breaks up with Offset before Christmas Holiday

Hip-hop sensation and global icon Cardi B has once again made waves in the spirits industry with her innovative product, Whipshots.

Temu sues Shein

A legal showdown is unfolding between two fast-fashion giants. Temu, an emerging player in the industry, has taken legal action against Shein, accusing the latter of employing “Mafia-style” intimidation tactics to manipulate merchants and undermine Temu’s market presence.

louis vuitton vancouver news store

Nestled within the historic grandeur of the Fairmont Hotel Vancouver, Louis Vuitton has opened the doors to a world of luxury and refined taste.

The Clair Report 2023 by Rebag

For luxury shoppers, value retention and resale value is paramount for savvy investors and fashion enthusiasts alike.

dynamic yield by mastercard ai powered shopping muse

Dynamic Yield by Mastercard has introduced an AI-powered Shopping Muse, an advanced generative AI tool that revolutionizes how consumers search for and discover products in a retailer’s digital catalog.

INSIDE LVMH

Are you a student, recent graduate, or early career professional with a passion for retail and luxury?

Lush Largest Scottish Store in Glasgow

On the bustling Buchanan Street in Glasgow, Lush has officially opened its largest store in Scotland.

SHEIN X designer incubator program

Launched in 2021, the SHEIN X Designer Incubator Program was created to democratize fashion by providing unparalleled access to resources; the program has become a beacon of empowerment for designers, artists, and brands worldwide.

Swarovski Manhattan store on fifth avenue photos

Swarovski has unveiled its largest flagship store ever on the prestigious Fifth Avenue. This new emporium of elegance and luxury, Swarovski on Fifth, spans an impressive 14,400 square feet over two floors, the store is a veritable jewelry box come to life, designed by none other than Creative Director Giovanna Engelbert.

rue21 stores

The fashion retailer, Rue21 announced the addition of Elisa Bannon-Jones as the new Senior Vice President, Chief People Officer, and the promotion of Michele Pascoe to Executive Vice President, Chief Financial Officer (CFO).