RetailBoss is streamlining its retail news with our weekly retail roundup, including updates from around the globe. Here are today's top stories from this week; if you want to get this news in your inbox, sign up for our free retail newsletter and follow us online at @retailboss on Instagram, Facebook, Twitter and Linkedin.
- Gucci and JD.com Unveil Digital Partnership For Ecommerce Store Italian luxury brand Gucci and Chinese e-commerce giant JD have announced a digital partnership. This collaboration marks the first time that Gucci, a brand with a 102-year-old legacy of Italian craftsmanship, will be available to the JD.com
- Birkenstock plans to launch IPO at high-price tag Birkenstock, the iconic German footwear brand known for its sandals, is reportedly planning to go public in the United States as early as September 2023.
- Shein and Forever 21 ink deal to grow both fast fashion retailers Fast fashion retail giants, Shein and Forever 21 have joined forces in a strategic partnership that is set to expand both companies’ reach.
- Savage X Fenty Launches Maternity Wear Savage X Fenty, the lingerie brand founded by superstar musician and fashion designer Rihanna, has made a bold move into the maternity wear market.
- Rabanne Launches First Makeup Line in Partnership with Ulta Beauty Rabanne, a renowned name in the world of luxury fashion and fragrances, is venturing into the beauty industry with its first-ever makeup line, Rabanne Beauty.
- New Balance Takes Golden Goose to Court Over Alleged Infringement Boston-based giant New Balance has initiated legal action against luxury Italian label Golden Goose. The lawsuit, filed in the US District Court for the District of Massachusetts, alleges that Golden Goose has infringed on the trade dress of New Balance‘s iconic ‘dad shoes’, specifically the flagship Model 990 line.
- Gil Efrati Steps into CEO Role at SpoiledChild Gil Efrati has been appointed as the new Chief Executive Officer of SpoiledChild, a wellness brand owned by Oddity.
- True Fit and Shopify Join Forces: AI Fit Personalization For All Merchants A leading AI platform that decodes size and fit for consumers, True Fit has announced a strategic partnership with Shopify Inc.
- Proven Skincare Expand Retail Partnership With Sephora In a significant move for personalized skincare brand, PROVEN has announced the expansion of its unique partnership with leading beauty retailer Sephora.
