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.
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.
Italian luxury fashion house Prada has purchased the building housing its flagship store on New York City’s prestigious Fifth Avenue.
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.
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 has recently enhanced its customer payment options by incorporating Affirm’s buy now, pay later service directly into its self-checkout process.
The integration of artificial intelligence (AI) is changed how retailers approach everything from marketing to inventory management.
South Korea’s leading online marketplace, Coupang, announced its acquisition of the luxury fashion platform Farfetch in a pivotal $500 million deal.
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).
A mountain of unsold inventory is a multifaceted issue facing high-end luxury retailers this holiday season.
Hip-hop sensation and global icon Cardi B has once again made waves in the spirits industry with her innovative product, Whipshots.
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.
Nestled within the historic grandeur of the Fairmont Hotel Vancouver, Louis Vuitton has opened the doors to a world of luxury and refined taste.
For luxury shoppers, value retention and resale value is paramount for savvy investors and fashion enthusiasts alike.
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.
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On the bustling Buchanan Street in Glasgow, Lush has officially opened its largest store in Scotland.
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 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.
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).