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Today’s Retail News

Sephora and Afterpay Partner On Buy Now, Pay Later

The leader in “Buy Now, Pay Later” (BNPL) payments, Afterpay today announced a partnership with the leading prestige beauty omni-retailer Sephora to offer customers the flexibility to pay in four installments when shopping for their favorite beauty brands and products in the U.S.

CVS Pharmacy launches new prestige brands to mass beauty retail

CVS Pharmacy is piloting a new Skin Care Center format, launching in three CVS locations, featuring a wholly owned “shop-in-shop” beauty experience to bring enhanced access to skin health innovations.

FARFETCH x Outlier Ventures Announce Dream Assembly Program

Farfetch, the online luxury marketplace, has partnered with European venture capital firm Outlier Ventures to launch the Dream Assembly Base Camp, an accelerator program focused on Web3 fashion startups.

Kanye West Files Trademark for ‘YZYSPLY’ For Retail Stores

Kanye West, the creative force behind the Yeezy brand, has taken a significant step towards expanding his fashion empire by filing a trademark for “YZYSPLY” retail stores.

Google Cloud Partners With Fashion Retailer H&M

Google Cloud today announced a new partnership with global fashion retailer, H&M Group. The alliance will see the Swedish multinational leverage Google Cloud’s extensive data analytics capabilities and secure, sustainable global infrastructure to further enhance its customer experience and supply chain enablement.

Ezinne Iroanya Wins $20K Black Female Founders Grant From Cantu Beauty

Cantu Beauty Continues Commitment to Elevate Black Female Founders, Announces Winner of Second Cantu Elevate Entrepreneur Pitch Competition.

Celebrity Designer Nancy Gonzalez Charged For Smuggling Handbags

Nancy Gonzalez, a renowned Colombian-born fashion designer, known for her exquisite handbags crafted from exotic skins, was arrested on July 9, 2022, in her hometown of Cali, Colombia.

Meijer Partners With Small, Local, Diverse Businesses

Meijer is sourcing for new businesses to achieve their Supplier Diversity Program and Lift Local Supplier Event, giving local businesses across the retailer’s six-state footprint the opportunity to virtually showcase their offerings to Meijer buyers and procurement teams.

KISS Partners with International Rapper and Model BIA

KISS is thrilled to announce its newest brand ambassador for KISS fashion nails and false lashes, international rapper, singer-songwriter, and model, BIA who will be partnering with the brand through June 22-December 31, 2022.

Ulta Beauty Pop-Up Debuts at The Allure Store In New York

For a limited time, the interactive Ulta Beauty pop-up will offer Allure Store guests a monthly curated assortment reflecting newness as well as highlighting the retailers’ strategic initiatives.

Shein faces $100 million lawsuit by artist over 'stolen' design

In June 2022, Jacksonville-based freelance artist Maggie Stephenson filed a lawsuit against popular online retailer Shein for a staggering $100 million, accusing the company of stealing her designs. 

Shein Faces $100 Billion in copyright complaints

The rise of Shein as the largest fast-fashion company in the world — in just two years, has been hit with numerous copyright complaints valued at over 100 billion dollars.

Saks Fifth Avenue Celebrates Summer in The Hamptons

This summer, Saks is hosting a series of intimate dinners with celebrities, influencers, designers and more, offering same-day delivery from the Saks Fifth Avenue New York flagship to the hamptons and partnering with BLADE for transportation services.

Chanel Opens Boutique for Elite Shoppers in East Hampton

Chanel has recently opened a luxurious boutique in the heart of East Hampton, New York, catering to the elite clientele who frequent the upscale Hamptons area.

Retailers may pay customers to keep returns

In 2023, retail returns surged to a staggering $743 billion, accounting for 14.5% of total retail sales.

McKinsey Identifies Black Brand Inequality In Beauty Industry

Over the past decade, Americans have spent more than $500 billion on beauty products. Last year alone, the US beauty industry was worth $60 billion, and with a compound annual growth rate (CAGR) of 5 percent, it’s expected to reach $73 billion by 2025.

Hailey Bieber's Wins First Round in Lawsuit Over Rhode Brand Name

In June 2022, Hailey Bieber, a renowned model and wife of Justin Bieber, launched her highly anticipated skincare line called Rhode.

Business Retail News

If you’re a premium or high-end luxury priced brand, Shop Premium Outlets, the premier sale and online outlet marketplace, owned by Simons may be your next marketplace partner.

Macy's Launches Small-Store Format Market By Macy's

Market by Macy’s is a unique shopping experience that offers customers the convenience and accessibility of a smaller store while still providing the quality and variety they love about Macy’s.