RetailBoss is streamlining its retail news with our weekly retail roundup, including updates from around the globe. Here are today's top stories from this week; if you want to get this news in your inbox, sign up for our free retail newsletter and follow us online at @retailboss on Instagram, Facebook, Twitter and Linkedin.
- Shein’s Secret U.S. IPO Filing Shein, the fast-fashion powerhouse, has confidentially filed for an initial public offering (IPO) in the United States.
- Vestiaire Collective Resale’s Fast Fashion Ban Vestiaire Collective has broadened its prohibition on fast fashion labels, marking the second phase of its initiative to challenge the industry’s unsustainable practices.
- Lululemon called out days before Black Friday The fashion retail industry has been under scrutiny for its approach to diversity and inclusion within its corporate culture.
- Zara Launches TikTok Shop Zara has officially launched its presence on TikTok Shop, comes when traditional social commerce platforms like Instagram Shop face challenges and retailers seek fresh avenues to reach social media users.
- Kim Kardashian’s SKKY Partners Adds Flavor to Its Holdings with TRUFF Investment Kim Kardashian’s private equity firm Skky Partners has acquired a significant minority stake in Truff, known for its high-end truffle-infused hot sauces and condiments.
- Luxury Designer Admits To Trafficking Reptile Skin Purses Nancy Gonzalez, a renowned Colombian luxury handbag designer, is at the center of a legal storm.
- Monthly Economic Review: November 2023 2023 Holiday sales will have a ‘whole new set of dynamics’
- Macy’s Black Friday Strike Amidst Holiday Rush A significant labor movement unfolds as over 400 Macy’s employees in Washington state have initiated a three-day strike starting on Black Friday.
- Crate & Barrel opens NYC flagship store Crate & Barrel has introduced its innovative flagship store in New York City’s Flatiron district, marking a significant milestone as the brand’s first immersive design store.
- Cartier opens new boutique in New York City’s SoHo Cartier, the renowned luxury brand, is delighted to unveil its latest boutique on November 18, 2023.
