Canadian fashion retailer Aritzia has experienced significant growth in fiscal year 2023 (FY23), with a 39.6% increase in gross profit, reaching $914 million.
The beauty industry has been undergoing a significant transformation in recent years, with the rise of digital platforms and social media playing a crucial role in shaping consumer preferences and purchasing habits.
In a groundbreaking collaboration, renowned designer Donatella Versace and pop superstar Dua Lipa have come together to create the Versace High Summer “La Vacanza” women’s collection.
Skims, the Los Angeles-based underwear, loungewear, and shapewear brand, has recently expanded its wholesale business by opening a dedicated shop inside Saks Fifth Avenue’s New York flagship store.
Fast fashion e-retailer Shein has recently partnered with the Fashion Institute of Design and Merchandising (FIDM) to launch a scholarship program and design course for students.
Pop star Katy Perry recently lost a trademark battle against Australian fashion designer Katie Taylor, who sells clothes under her maiden name, Katie Perry.
Temu, a rapidly growing shopping app owned by Chinese e-commerce giant Pinduoduo, has been making waves in the US market since its launch in September 2022.