Shopify Shares Soar as Revenue Outlook Beats Estimates
Shares surged after the company's third-quarter revenue outlook beat expectations, strengthening the view that it faces limited disruption from AI.
influencers
Global Markets
BTS to Unveil Pop-Up Stores in Manila, Taipei and Singapore
The seven-man K-pop sensation and Louis Vuitton ambassadors are at the heart of a burgeoning fashion business — their own. Following successful runs
BTS to Unveil Pop-Up Stores in Manila, Taipei and Singapore
The seven-man K-pop sensation and Louis Vuitton ambassadors are at the heart of a burgeoning fashion business — their own. Following successful runs
Marketing
Why Gucci Recruited James Corden to Host a Key Comeback Campaign
Getting Gucci back to rapid growth will require selling to hypebeasts and grandmothers at the same time. With a fake talk show, the brand is trying to balance Alessandro Michele’s maximalist hits with more understated styles.
Why Gucci Recruited James Corden to Host a Key Comeback Campaign
Getting Gucci back to rapid growth will require selling to hypebeasts and grandmothers at the same time. With a fake talk show, the brand is trying to balance Alessandro Michele’s maximalist hits with more understated styles.
Retail
Why Instagram Still Isn’t a Shopping Destination
Two years after the debut of Instagram Checkout, many brands say their customers are unlikely to make purchases directly through the app.
Why Instagram Still Isn’t a Shopping Destination
Two years after the debut of Instagram Checkout, many brands say their customers are unlikely to make purchases directly through the app.
Marketing
What Facebook’s New Tools Mean for the Influencer Marketing Industry
The social media giant is launching services that will help influencers better monetise their followings. But in the longterm, these changes may not best serve creators or brands.
What Facebook’s New Tools Mean for the Influencer Marketing Industry
The social media giant is launching services that will help influencers better monetise their followings. But in the longterm, these changes may not best serve creators or brands.
Retail
Can TikTok’s Biggest Stars Build Abercrombie’s Next Brand?
A new partnership with Dixie and Charli D’Amelio, in the form of a brand called Social Tourist, gives a look at the company’s ambitions.
Can TikTok’s Biggest Stars Build Abercrombie’s Next Brand?
A new partnership with Dixie and Charli D’Amelio, in the form of a brand called Social Tourist, gives a look at the company’s ambitions.
Marketing
Karla Otto Doubles Down on Influencer Marketing With New Acquisition
The global fashion agency is deepening its offerings in the influencer space, a bright spot during the pandemic.
Karla Otto Doubles Down on Influencer Marketing With New Acquisition
The global fashion agency is deepening its offerings in the influencer space, a bright spot during the pandemic.
Media
Poet Laureate Amanda Gorman Appears on Cover of American Vogue
The 23-year-old poet and activist caught the attention of the fashion world after speaking at the US presidential inauguration in January and was subsequently signed to IMG Models.
Poet Laureate Amanda Gorman Appears on Cover of American Vogue
The 23-year-old poet and activist caught the attention of the fashion world after speaking at the US presidential inauguration in January and was subsequently signed to IMG Models.
Beauty
Makeup Artist Violette Launches Brand
Backed by $2.75 million in seed funding, the YouTube star debuts a multi-category collection that aims to hit a sweet spot between Instagram face and ‘effortless’ beauty.
Makeup Artist Violette Launches Brand
Backed by $2.75 million in seed funding, the YouTube star debuts a multi-category collection that aims to hit a sweet spot between Instagram face and ‘effortless’ beauty.
China
Burberry, H&M, Nike and Others Lose China Ambassadors Over Xinjiang
Adidas, Calvin Klein, Uniqlo and Converse have also lost China spokespeople as Chinese consumers call for a boycott after an uproar about the decision not to source cotton from the Xinjiang region.
Burberry, H&M, Nike and Others Lose China Ambassadors Over Xinjiang
Adidas, Calvin Klein, Uniqlo and Converse have also lost China spokespeople as Chinese consumers call for a boycott after an uproar about the decision not to source cotton from the Xinjiang region.
China
China’s Spring Festival Gala Showcases the Likes of Chanel, Stella McCartney and Sankuanz
As a TV programme with an audience of over 1.2 billion, China’s Spring Festival Gala is an important stage for international luxury brands fighting for exposure. This year, many homegrown designers also tapped into the broadcast.
China’s Spring Festival Gala Showcases the Likes of Chanel, Stella McCartney and Sankuanz
As a TV programme with an audience of over 1.2 billion, China’s Spring Festival Gala is an important stage for international luxury brands fighting for exposure. This year, many homegrown designers also tapped into the broadcast.
Retail
What’s Next for Nordstrom
In The Week Ahead, we examine Nordstrom’s plans for 2021, the final rounds of bidding for Topshop and other Arcadia brands, plus a new documentary about the artificial world of influencers.
What’s Next for Nordstrom
In The Week Ahead, we examine Nordstrom’s plans for 2021, the final rounds of bidding for Topshop and other Arcadia brands, plus a new documentary about the artificial world of influencers.
Beauty
How Long Can the Kardashian Empire Reign?
Their reality television series has ended, they’ve cashed out on several of their major ventures and one of their most strategic personal associations appears to be ending. One of the world’s most-watched families is on the precipice of reinvention once again.
How Long Can the Kardashian Empire Reign?
Their reality television series has ended, they’ve cashed out on several of their major ventures and one of their most strategic personal associations appears to be ending. One of the world’s most-watched families is on the precipice of reinvention once again.
The News in Brief
Next Upgrades Profit Outlook Again on Strong Summer Spending
The UK retailer said it benefited from sunny weather and the release of some “pent-up demand” in the Middle East and northern Europe.
Shiseido’s Profits Recover in First Half Amid Turnaround
Growth turned positive in the second quarter, driven by key regions like the Americas, as the Japanese giant executes its yearlong restructuring plan.
Amazon Loses US Court Ban on Perplexity’s AI Shopping Tools
The ruling is the first by a federal appeals court to address whether AI agents acting on behalf of users can legally access online platforms.
Report: Abercrombie to Seek Fresh Backers for China Business
The US-listed company is conducting a review of its Chinese assets and may sell a stake in the unit, which could be valued at several hundred million dollars, Bloomberg reported.
P&G to Buy Supplement Maker Thorne for $3.8 Billion
Shailesh Jejurikar, chief executive of the American personal care conglomerate, told CNBC it will acquire the line from LVMH-backed private equity firm L Catterton.
Eli Lilly to Offer Early Access to Next-Gen Obesity Drug to Some Patients
Eli Lilly said on Monday it would allow a limited number of patients to have early access to its experimental obesity drug, retatrutide, before its US FDA approval.
India’s Nykaa Posts Higher Quarterly Profit on Strong Beauty Demand, Fashion Growth
India’s FSN E-Commerce Ventures, which operates beauty and fashion retailer Nykaa, reported a more than three-fold rise in quarterly profit on Tuesday, boosted by strong growth in its beauty business and a sharp acceleration in fashion sales.