News

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

Amazon To Introduce ChatGPT-Style Search

Amazon is set to revolutionize its online marketplace by incorporating a ChatGPT-style search, an AI-powered conversational search interface that rivals efforts by Microsoft and Google.

H&M Triumphs in Lawsuit Over Greenwashing Allegations

Fashion retailer H&M has been facing a lawsuit accusing the company of misleading consumers with false sustainability claims.

Retail sales up 0.4% in April from March

Retail sales in the United States experienced a modest increase of 0.4% in April, following two consecutive months of decline, according to figures released by the U.S.

Elizabeth Arden opens first virtual store with Obsess

Elizabeth Arden, the iconic beauty brand, has taken a bold step into the future of retail by launching a shoppable virtual store in partnership with experiential eCommerce platform Obsess.

Selfridges Targets Sustainable Shoppers with New 'Stock Market' Concept

In a bid to appeal to environmentally conscious and sustainable shoppers, luxury department store Selfridges has introduced an innovative concept called ‘The Stock Market’ in its Corner Shop space.

Boohoo plunges to the red after £90.7m loss in sales

Boohoo, a popular online fast-fashion retailer, has recently reported a staggering £91 million loss as its annual sales dropped and the company grappled with an increased number of returned products.

Chloé and Teva Collaborate on Shoe Capsule

Chloé, a renowned luxury fashion brand, has collaborated with popular footwear brand Teva to create a unique line of summer sandals.

Retail Blog

Luxury fashion brands have long been known for their exclusivity, high-quality materials, and meticulous craftsmanship. However, in recent years, some of these prestigious brands have entered into collaborations with fast fashion retailers, raising questions about whether such partnerships could harm their reputation and dilute their brand value.

100 Precent Price Hikes: Inflation Hits Drugstore Beauty Retailers

The beauty industry has recently experienced a surge in prices, with drugstore beauty brands being no exception.

Allbirds Trims Workforce in Cost-Cutting Move

Footwear company, Allbirds has announced plans to reduce its workforce and implement cost-saving measures in response to its financial performance.

Scotch & Soda Closes Underperforming U.S. Stores

Fashion brand Scotch & Soda, owned by Bluestar Alliance, has recently closed several of its U.S.

Adidas to Offload Remaining Yeezy Sneaker Inventory

Adidas, the German sportswear giant, has announced plans to sell its remaining stock of Yeezy sneakers, a once highly sought-after collaboration between the company and American rapper, designer, and entrepreneur Kanye “Ye” West.

Google Testing New Generative AI Shopping Experience

Google is set to revolutionize the online shopping experience by testing AI-powered solutions designed to enhance both in-store and online retail experiences.

Maison Margiela CEO Resigns After a Short but Successful Tenure

Maison Margiela, a renowned Paris-based fashion house, has recently experienced a significant change in its leadership.

Diane von Furstenberg Embarks on an Eco-Luxury Journey with ReWrap

Diane von Furstenberg, the Belgian-born designer and businesswoman who invented the iconic wrap dress in the 1970s, has partnered with secondhand initiative called “ReWrap.”

Victoria's Secret Changes Up Fashion Show Concept: Return as Film

Victoria’s Secret is set to introduce a reimagined version of their iconic fashion show, focusing on a new generation of women from around the world.

ASOS Case Study: AI Technology Triples Revenue Growth

ASOS, a leading online fashion retailer, has been at the forefront of incorporating artificial intelligence (AI) and augmented reality to enhance the shopping experience for its customers.

ai-model-technology-retail-tech

The integration of AI models in product photography has revolutionized the way businesses showcase their products online.

95 Percent of New Products Fail — Here Are 10 Steps to Succeed

The success rate of new products launched into retail stores varies depending on the source. According to Harvard Business School professor Clayton Christensen, approximately 95% of the 30,000 new products introduced each year fail.

Bergdorf Goodman Launches Conscious Closet Program to Extend the Life of Luxury Goods

Bergdorf Goodman has recently introduced its innovative Conscious Closet program. This initiative aims to extend the useful life of customers’ luxury items by offering a range of personal styling, alteration, repair, and resale services.