Retail News

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Today’s Retail News

Àuda.B, First Black-Owned Nail Lacquer Brand Sold at Nordstrom

Auda. B, a luxury vegan nail lacquer brand, has recently become available at Nordstrom, a leading fashion retailer.

Nicki Minaj crashes Crocs website with 4,900% spike in sales after IG Post

Nicki Minaj, the best-selling female rapper of all time, recently caused a massive surge in pink Crocs sales after posting a steamy photo on Instagram.

Kylie Jenner Targets $19.5 Billion Swimwear Industry With Kylie Swim

Kylie Jenner, the 24-year-old beauty mogul, is expanding her business empire by venturing into the swimwear industry with her new fashion line, Kylie Swim.

Klarna launches Small Business Impact Initiative to help small and medium-sized businesses

Klarna today announced it is donating $4.5 million in free services to small and medium-sized enterprises to aid them in recovery.

Heal In Colour Launch Adhesive Bandages For Black & Brown Skin Tones

In recent years, there has been a growing demand for products that cater to the diverse needs of consumers, particularly in the realm of personal care and wellness.

RIMOWA x CHAOS collaborate for limited-edition line of suitcases

For Charlotte Stockdale and Katie Lyall, a collaboration with RIMOWA fit not only their brand’s DNA, but their own.

Macy’s Partners With Klarna For Subscription Payments

Klarna today announced that it has partnered with Macy’s, Inc. to exclusively offer its Pay in 4 solution in-store and online across all Macy’s, Inc.

LVMH, Prada & Cartier partner on Aura Blockchain Consortium

An unprecedented collaboration between luxury industry giants LVMH, Prada Group, and Cartier (part of Richemont) led to the creation of the Aura Blockchain Consortium.

Cardi B Teams With Reebok on Apparel Collection

The renowned rapper, Cardi B has teamed up with Reebok to launch her first-ever clothing line.

Target Commits to Spending More Than $2 Billion with Black-Owned Businesses by 2025
  • 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.

"Baby Boomers value sustainability more than Gen Z when shopping beauty," says new report

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 and Klarna Launch Creative Art Studio

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.

COACH x Sephora Collection Launch Exclusive Makeup

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.

How To Get Your Customers to Buy Your Product In-Stores

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 Its BIPOC Beauty Incubator Program

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 Invests $50 Million In Its Diversity Initiatives

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 Announce Long-term Strategic Partnership

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.

“US shoppers are focusing more on leisure, sports, and home goods as we approach Thanksgiving and Black Friday,” says new report

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).

"40 Percent of Consumers Are Starting Their Holiday Shopping Earlier" Says New Study

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.