Retail

Retail Industry News & Trends · CEO · E-commerce · Customer Behaviour · Brick-and-Mortar · Holiday · Shopping · Retail Marketing.

Louis Vuitton flagship store set to open on Fifth Avenue

Louis Vuitton, the renowned French luxury fashion house, is planning to open a new flagship store on Fifth Avenue in Manhattan, New York.

Kanye West and Yeezy ordered to pay $300,000 to freelance creative director

Kanye West and his Yeezy brand have been ordered to pay over $300,000 to Brooklyn-based creative Katelyn Mooney.

Dua Lipa and Versace to design women’s collection

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 and Saks Fifth Avenue Flagship Launch Shop In Store

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.

Chanel boss dismisses IPO rumour 'to rest'

Chanel, the iconic French luxury fashion house, has recently dismissed rumors of planning an initial public offering (IPO).

SHEIN provides FIDM students with $40,000 scholarships

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.

Katy Perry v Katie Perry: Singer Loses Fashion Trademark Battle

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 surpass rival Shein in daily shopping app downloads

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.

Bed Bath & Beyond's Closing Sales Event Begin

Store closing sales have begun across all Bed Bath & Beyond and buybuy BABY locations nationwide, following the announcement of Bed Bath & Beyond’s Chapter 11 bankruptcy filing on April 23.

Anthropologie makes new leadership appointments

Anthropologie Group, the American lifestyle brand, recently announced new leadership appointments as part of its strategy to position itself for continued growth following its 30th anniversary.

The Athlete’s Foot Unveils Local Store Concept In Atlanta

The Athlete’s Foot (TAF), a global retailer of athletic-inspired lifestyle products, has launched its highly anticipated “neighborhood” concept store in midtown Atlanta, Georgia.

SKIMS Appoints Tara Shanahan as SVP of Retail

Tara Shanahan, an experienced retail executive, has recently been appointed as the Senior Vice President of Retail at SKIMS, a leading fashion brand.

How Can Fashion Retailers Avoid Overstocking

In the fast-paced world of fashion retail, maintaining optimal inventory levels is crucial for success. Overstocking, also known as inventory bloat, is a significant issue faced by fashion retailers.

Adidas hit with lawsuit from shareholders over Kanye West partnership

Adidas is facing a class action lawsuit filed by shareholders who claim the sportswear brand knew about Kanye West’s problematic behavior years before ending their partnership over his antisemitic comments.

7 Retail Sales Strategies To Attract Affluent Shopper

When it comes to attracting affluent shoppers, you will need to invest in specific retail sales and promotions strategies that work best for affluent shoppers focus on providing a personalized, convenient, and high-quality experience.

Gap announced its decision to lay off 1,800 employees

Gap Inc., a leading apparel retailer, recently announced its decision to lay off 1,800 employees in a bid to cut costs amid mounting concerns of a recession in the United States.

Tiffany & Co. reopened its New York flagship store

Tiffany & Co., the renowned American luxury jewelry brand, has recently reopened its New York flagship store as “The Landmark.”

The Rise of Designer Resale Sites

The rise of designer resale websites has revolutionized the luxury goods market, offering a sustainable and accessible alternative to traditional retail. 

US Online Fashion Retail Market Expected To Grow By $151.76 Billion, Say Report

Technavio, a leading market research firm, recently published a report on the US online fashion retail market, highlighting its growth, size, and trends.

Handbag Market to Grow by 14.1 Billion Dollars, Say Report

Technavio, a leading market research firm, recently released a comprehensive report on the global handbag market.