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Today’s Retail News
- As part of its commitment, retailer plans to:
- Add products from more than 500 Black-owned businesses across its multi-category assortment
- Increase its spend with more Black-owned companies, such as marketing agencies, construction companies, facilities maintenance and more
- Establish new resources, including the Forward Founders program, to support Black-owned companies and help them grow their businesses
Target Corporation (NYSE:TGT) today announced a commitment to spend more than $2 billion with Black-owned businesses by the end of 2025.
New research from Klarna, a leading global retail bank, payments and shopping service, revealed that 31% of Boomers value sustainability when shopping for beauty products.
HAUS LABORATORIES, the color cosmetics company co-founded by Lady Gaga, and Klarna, a leading global retail bank, payments, and shopping service, have joined forces to launch a state-of-the-art creative studio in Los Angeles.
Klarna releases new survey that finds nearly 80% of shoppers want fitting rooms to reopen this year.
A renowned beauty brand, Sephora Collection owned by LVMH Moët Hennessy Louis Vuitton, has announced an exclusive makeup collaboration with the American fashion house, Coach.
Sephora announced its largest store expansion in the retailer’s 21-year history in the U.S., including over 60 freestanding client-centric locations and 200 locations opening inside Kohl’s stores later this year.
Sephora relaunches accelerator program with 8 selected BIPOC beauty brands, who will participate in the retailer’s 2021 Accelerate incubator program, which for the first time ever features a cohort comprised exclusively of founders of color.
Ulta Beauty, the nation’s largest beauty retailer, announce new diversity and inclusion commitments with a keen focus on brand amplification and support, assortment growth, and equitable, welcoming guest and associate experiences.
Kohl’s and Sephora have joined forces for a long-term strategic partnership to create a new era of elevated Beauty at Kohl’s, combining Kohl’s expansive customer reach and omnichannel convenience with Sephora’s prestige service, product selection and exceptional beauty experience.
Klarna today released new holiday shopping data that indicates shoppers in the US shifted their share of e-commerce spending towards the leisure, sports & hobby and home & garden categories in the week ahead of Thanksgiving (November 16-22).
Forty percent of consumers are starting their holiday shopping earlier than they did last year, according to the new 2021 Holidays Unwrapped report from Klarna, the leading global retail bank, payments and shopping service.
Here are 8 Black-Owned Fashion Businesses curated from our retail community. We must say, we absolutely love these Founders and their fashion businesses.
On December 10, 2018, the Stylebuy Group celebrated a significant legal victory against Stylebuy Inc, following a lengthy courtroom battle.