Olaplex Names New CEO
Christoph Kaul will succeed Amanda Baldwin, who led the hair care label through its acquisition by Henkel earlier this year.
consumer-spending
Entrepreneurship
Streetwear Reigns Supreme, Say Teens
Brands including Adidas, Supreme and Gucci come out on top in a Piper Jaffray survey of young consumers, while Nike and Ralph Lauren are losing lustre.
Streetwear Reigns Supreme, Say Teens
Brands including Adidas, Supreme and Gucci come out on top in a Piper Jaffray survey of young consumers, while Nike and Ralph Lauren are losing lustre.
Entrepreneurship
US Retail Sales Fall for a Second Month as Consumers Pull Back
Retail sales fell 0.2 percent after declining 0.1 percent in May, the Commerce Department said Friday.
US Retail Sales Fall for a Second Month as Consumers Pull Back
Retail sales fell 0.2 percent after declining 0.1 percent in May, the Commerce Department said Friday.
Retail
US Consumer Confidence Reaches Highest Level in 17 Years
Consumers' confidence in the US rose to its highest level since 2000, led by optimism for finding work and a brighter assessment of business conditions.
US Consumer Confidence Reaches Highest Level in 17 Years
Consumers' confidence in the US rose to its highest level since 2000, led by optimism for finding work and a brighter assessment of business conditions.
Retail
Op-Ed | Brits' Post-Brexit Retail Therapy Reels From Inflation
Now that post-referendum reality is starting to bite, there is mounting evidence that Britons are reining in their spending.
Op-Ed | Brits' Post-Brexit Retail Therapy Reels From Inflation
Now that post-referendum reality is starting to bite, there is mounting evidence that Britons are reining in their spending.
Retail
UK Consumer Spending to Slow Sharply in Coming Years
The food and clothing sectors, which are heavily reliant on exports, are most exposed to the pound’s 18 percent drop against the dollar since Britain’s vote to leave the European Union.
UK Consumer Spending to Slow Sharply in Coming Years
The food and clothing sectors, which are heavily reliant on exports, are most exposed to the pound’s 18 percent drop against the dollar since Britain’s vote to leave the European Union.
Entrepreneurship
Holiday Sales Outpace Expectations Despite Department Store Woes
Spending rose 4 percent to $658.3 billion during November and December, beating a 3.6 percent projection.
Holiday Sales Outpace Expectations Despite Department Store Woes
Spending rose 4 percent to $658.3 billion during November and December, beating a 3.6 percent projection.
Retail
Post-Election, US Apparel Spend Is Just as Divided as the Country
Data shows Donald Trump supporters, buoyed by his win, spent more on apparel after the US election than Hillary Clinton supporters.
Post-Election, US Apparel Spend Is Just as Divided as the Country
Data shows Donald Trump supporters, buoyed by his win, spent more on apparel after the US election than Hillary Clinton supporters.
Retail
Research Groups Predict Robust Online Holiday Shopping
ComScore predicts online spending on Cyber Monday will jump to $3.5 billion from $3.12 billion last year.
Research Groups Predict Robust Online Holiday Shopping
ComScore predicts online spending on Cyber Monday will jump to $3.5 billion from $3.12 billion last year.
China
China E-Commerce Giants Head to Countryside for New Customers
Singles’ Day on Nov. 11, marks the biggest shopping promotion of the year for both Alibaba and JD as consumers outside the megacities are opening their wallets more.
China E-Commerce Giants Head to Countryside for New Customers
Singles’ Day on Nov. 11, marks the biggest shopping promotion of the year for both Alibaba and JD as consumers outside the megacities are opening their wallets more.
Retail
Why Are Department Stores So Scared of Halloween?
Consumer spending on Halloween will hit $8.4 billion this year, yet many department stores and fashion retailers are ignoring the opportunity.
Why Are Department Stores So Scared of Halloween?
Consumer spending on Halloween will hit $8.4 billion this year, yet many department stores and fashion retailers are ignoring the opportunity.
Retail
The 10 Commandments of New Consumerism
Consumers are reassessing their priorities and increasingly questioning what they truly value, but what does the change mean for fashion companies?
The 10 Commandments of New Consumerism
Consumers are reassessing their priorities and increasingly questioning what they truly value, but what does the change mean for fashion companies?
Entrepreneurship
Bags and Bling, Tourists Seek Bargains in Brexit Britain
The sharp fall in sterling since Britain voted to leave the European Union has encouraged tourists to go on a spending spree, providing a little relief for the economy as it faces an overall sharp slowdown.
Bags and Bling, Tourists Seek Bargains in Brexit Britain
The sharp fall in sterling since Britain voted to leave the European Union has encouraged tourists to go on a spending spree, providing a little relief for the economy as it faces an overall sharp slowdown.
The News in Brief
Perelel Expands C-Suite, Tapping Rare Beauty’s CMO
Known for its prenatal vitamins, the wellness label has hired Rare Beauty's Ashley Murphy as its chief marketing officer, while Anjelika Temple moves into the chief creative officer role.
Swiss Watch Exports Grow for Fourth Month, Overcoming US Slump
Exports in August were buoyed by China and Japan, despite a sharp decline in shipments to the US.
Alexandre Arnault Joins Nike’s Board of Directors
The LVMH executive joins Nike’s board as the sportswear giant prepares to be removed from the S&P 100 index after nearly two decades.
Matthieu Blazy, Sarah Burton, Haider Ackermann Among Nominees for BFC Designer of the Year
The Fashion Awards ceremony, set for Nov. 30, will also recognise the BFC’s second Vanguard award recipient, recognising emerging British design talent.
Supergoop Announces Chief Commercial Officer
The sunscreen label has appointed former Coty executive Jamie Parker to the newly created role as it gears up to become a “global skin health company.”
Mytheresa Owner’s Sales Rise as Ultra Wealthy Keep Shopping
LuxExperience posted a rise in sales as the luxury multibrand platform’s strategy of catering to the ultra wealthy helped it navigate a difficult environment for high-end fashion.
The Independents Acquires Production Studio Smuggler
The global collective has brought film studio Smuggler under its umbrella to bolster its entertainment capabilities.