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Today’s Retail News

Louis Vuitton's Iconic Neverfull Tote: A Shift in Availability and Exclusivity

Louis Vuitton, a renowned luxury brand, has recently made a significant change to the availability of its iconic Neverfull Tote.

Vegamour Founder Steps Down as CEO

Vegamour, a leading holistic hair wellness brand, has recently announced that its founder and CEO, Daniel Hodgdon, will be stepping down from his position.

Online Shopping Sales Decline Amid Cost of Living Crisis

The online shopping industry has experienced a significant decline in sales, reaching its lowest levels since before the pandemic.

S'ABLE LABS Soars to New Heights with Retail Partnership

In just one year since its inception, S’ABLE LABS, the skincare brand founded by actor Idris Elba and his wife Sabrina Elba, is taking a giant leap forward by partnering with SpaceNK.

Where To Buy Brand-New Luxury Goods For Less

The luxury goods market is a thriving industry, with revenue expected to reach US$354.80 billion in 2023 and an annual growth rate of 3.38% from 2023 to 2028.

order lead time

Order lead time is a crucial metric for retailers to consider. It affects everything from inventory planning to sales and profits.

Jacquemus Teams Up With Nike, J Force 1 Collection

Nike has joined forces with French designer Simon Porte Jacquemus to create the highly anticipated J Force 1 collection.

Patagonia Sues Nordstrom for Selling 'Counterfeit' Products

Outdoor apparel brand Patagonia has filed a lawsuit against Seattle-based retailer Nordstrom, accusing the company of selling counterfeit Patagonia products in its off-price Nordstrom Rack stores.

Gap Triumphs in Shareholder Lawsuit Concerning Racial Diversity Commitment

Gap Inc., a leading global retail company, has recently emerged victorious in a shareholder lawsuit that challenged the organization’s commitment to racial diversity within its leadership ranks.

Ted Baker Owner Authentic Brands Group Acquires Footwear Retailer Hunter

Authentic Brands Group (ABG), the US private equity-backed company known for its ownership of brands such as Reebok and Ted Baker, has recently completed the acquisition of British heritage footwear brand Hunter.

Lightbox Unveils New Retail Store Concept

Lab-Grown Diamond Brand Lightbox Unveils New Retail Concept Shop at HOUSE OF SHOWFIELDS in Williamsburg. The innovative lab-grown diamond brand Lightbox announced the opening of its new retail concept shop at HOUSE OF SHOWFIELDS in the trendy Williamsburg neighborhood of Brooklyn, New York.

The Webster Expands its Retail Empire with Simons Partnership

The luxury fashion retailer, The Webster, is set to open three new locations by the end of 2024, in a strategic partnership with Simon, a global leader in retail real estate.

The State of E-Commerce Returns in 2023

As ecommerce continues to grow, so does the number of returns made by customers. Understanding the state of ecommerce returns is crucial for any business looking to maximize profits and minimize losses.

ASOS raises funds after £291m loss

ASOS, a prominent online fashion retailer, has recently faced significant financial challenges, with its stock becoming the UK’s worst-performing in 2022 after plummeting by 78%.

A New Wave of Brands Arrive in Brooklyn: HOUSE OF SHOWFIELDS

Brooklyn’s experiential concept store, HOUSE OF SHOWFIELDS, recently announced the arrival of over twenty new brands to its Williamsburg location.

What Is a Category Killer: Definition & Example

Category killers have been around for decades, but their impact on local businesses and the retail industry as a whole has only become more apparent in recent years.

What is Off-Price Retailers?

Off-price retailing is a growing trend in the retail industry. It offers customers an opportunity to buy high-quality merchandise at lower prices compared to regular retail stores.

Chanel reported revenues of $17.2 billion dollars

Chanel, the iconic French luxury fashion house, has reported a remarkable 17 percent increase in its revenue for 2022, reaching a staggering $17.22 billion.

Ulta Beauty sales increase 12.3 percent for Q1, 2023

Ulta Beauty, a leading beauty retailer in the United States, has reported impressive first-quarter results under the leadership of CEO Dave Kimbell.

Kering opens new Italian headquarters located in Milan

Kering, a renowned luxury group, has recently opened its new Italian headquarters in the bustling city of Milan.