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Today’s Retail News
Rumors have been swirling online that the massively popular fast fashion retailer Shein is set to close its doors for good in March 2024.
In the UK, three fashion retailers Asos, Asda, and Boohoo have committed to ensuring their environmental claims are accurate, clear, and not misleading to consumers.
Gone are the days when airport shopping was limited to convenience stores, newsstands, and souvenir shops.
DRESSX, the largest digital fashion company, has recently launched DRESSX Gen AI – an innovative generative AI technology that enables users to create personalized digital fashion looks within seconds based on text prompts.
According to McKinsey & Company, ‘Generative AI in Fashion’ report suggests generative AI could add, conservatively, $150 billion and up to $275 billion to the apparel, fashion, and luxury sectors’ operating profits in the next three to five years.
Online shopping has become the norm, the issue of counterfeit products has been a growing concern for both consumers and businesses alike.
H&M Group has announced plans to refurbish 250 of its stores worldwide by the year 2024.
CHI Haircare, the professional haircare industry has officially launched its TikTok Shop. This strategic move was announced to bring CHI Haircare’s innovative products closer to the vibrant and trend-savvy TikTok community, offering a seamless shopping experience directly on the popular social media platform.
German luxury fashion house MCM has launched a new fragrance that embodies its heritage of sophisticated rebellion: MCM CRUSH.
Pinterest, the social media platform known for capturing the attention of millions of affluent shoppers, is an opportunity luxury retailers simply cannot afford to miss.
SSENSE, a leading global fashion platform, has released its highly anticipated 2024 Trend Report, providing valuable insights into the preferences and behaviors of its most engaged shoppers.
Depop, the popular second-hand fashion marketplace, announced a significant change to its fee structure for UK-based sellers in 2024.
Brunello Cucinelli, the Italian luxury fashion brand, has launched its first-ever eyewear collection in collaboration with EssilorLuxottica.
Selfridges, the British luxury department store, has experienced a significant change in its executive team with the departure of Chief Financial Officer Preetha McCann.
According to a report by PYMNTS Intelligence, a significant 41% of Gen Z cardholders are dissatisfied with their credit card rewards programs.
Ted Baker, once a high-flying brand known for its quirky suits and dresses, has entered administration as of March 19th, 2024.
A staggering figure brought to light by the Baymard Institute, a leader in e-commerce research, suggests that the final stages of this journey are frequently left incomplete.
The rise of designer resale websites has revolutionized the luxury goods market, offering a sustainable and accessible alternative to traditional retail.
The appeal of relaxed-fit denim continues to reign supreme for Spring/Summer wardrobes. We’ve consulted with fashion experts to round up the best baggy denim that promises to elevate your wardrobe.
Outdoor Voices, the activewear brand once celebrated as a direct-to-consumer (DTC) darling, has closed all of its retail locations.