JD Sports Names New North America CEO, Chief Marketing Officer
The sneaker retailer is shaking up its North American leadership as it looks to reverse soft sales and an extended slump in the stock market.
millennials
Marketing
Condé Nast Eyes Digital Viewers with Virtual Reality, Scripted Shows
Condé Nast Entertainment will unveil two original virtual reality series for the upcoming year at its Tuesday presentation before advertisers at the Newfronts, an annual digital content showcase in New York.
Condé Nast Eyes Digital Viewers with Virtual Reality, Scripted Shows
Condé Nast Entertainment will unveil two original virtual reality series for the upcoming year at its Tuesday presentation before advertisers at the Newfronts, an annual digital content showcase in New York.
Retail
Retailers Urged to Ditch Millennials in Favour of Older Shoppers
Retailers should stop wasting so much time trying to win over millennials because they’re often broke. Instead, they should target older shoppers with more money to spend.
Retailers Urged to Ditch Millennials in Favour of Older Shoppers
Retailers should stop wasting so much time trying to win over millennials because they’re often broke. Instead, they should target older shoppers with more money to spend.
Financial Markets
Aeropostale Raises Outlook as Shares Jump
Shares of teen retailer Aeropostale jumped in aftermarket trading Monday after the company reported stronger-than-expected sales in the fourth quarter.
Aeropostale Raises Outlook as Shares Jump
Shares of teen retailer Aeropostale jumped in aftermarket trading Monday after the company reported stronger-than-expected sales in the fourth quarter.
China
The China Edit | Alibaba, Konzepp, Apple, Millennials
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
The China Edit | Alibaba, Konzepp, Apple, Millennials
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
Financial Markets
American Eagle, Aeropostale Lift Estimates for Holiday Quarter
Teen apparel retailers American Eagle Outfitters Inc. and Aeropostale Inc. raised their estimates for the holiday shopping quarter as margins improved due to fewer discounts.
American Eagle, Aeropostale Lift Estimates for Holiday Quarter
Teen apparel retailers American Eagle Outfitters Inc. and Aeropostale Inc. raised their estimates for the holiday shopping quarter as margins improved due to fewer discounts.
Global Markets
Teen Retailers in Trouble as Malls Lose Luster
The decline of the American mall is threatening to create more retail victims in 2015 as stores that count on enclosed shopping centres for foot traffic find they’re increasingly isolated from consumers.
Teen Retailers in Trouble as Malls Lose Luster
The decline of the American mall is threatening to create more retail victims in 2015 as stores that count on enclosed shopping centres for foot traffic find they’re increasingly isolated from consumers.
Retail
Abercrombie’s Next CEO Will Have to Revamp Outdated Brand, Again
NEW ALBANY, United States — Abercrombie & Fitch Co., a former purveyor of safari gear that was reborn as a teen clothing chain, is searching for its
Abercrombie’s Next CEO Will Have to Revamp Outdated Brand, Again
NEW ALBANY, United States — Abercrombie & Fitch Co., a former purveyor of safari gear that was reborn as a teen clothing chain, is searching for its
Retail
Apparel Retailer Delia's to File for Bankruptcy
Delia's Inc. said it was liquidating assets and would file for Chapter 11 bankruptcy protection "in the very near term," becoming the second teen retailer to go out of business in as many days.
Apparel Retailer Delia's to File for Bankruptcy
Delia's Inc. said it was liquidating assets and would file for Chapter 11 bankruptcy protection "in the very near term," becoming the second teen retailer to go out of business in as many days.
Retail
Can Teen Retailers Turn Things Around?
It’s no secret that the big three American specialty teen retailers — Abercrombie & Fitch, Aéropostale and American Eagle — are in deep trouble. What can they do to save themselves?
Can Teen Retailers Turn Things Around?
It’s no secret that the big three American specialty teen retailers — Abercrombie & Fitch, Aéropostale and American Eagle — are in deep trouble. What can they do to save themselves?
China
The China Edit | Luxury Slowdown, Alipay's EPass, Versace, Hermès
" The Asian Luxury Market Is Stumbling" (AFP) "Protests in Hong Kong, an economic slowdown and anti-corruption drive in China and a coup in Thailand:
The China Edit | Luxury Slowdown, Alipay's EPass, Versace, Hermès
" The Asian Luxury Market Is Stumbling" (AFP) "Protests in Hong Kong, an economic slowdown and anti-corruption drive in China and a coup in Thailand:
Retail
Retailers Shift Strategy to Court Millennials
Recent surveys have found that members of the U.S. Millennial Generation — the roughly 80 million Americans born between 1977 and 2000 — pride themselves on their individuality, and shop accordingly.
Retailers Shift Strategy to Court Millennials
Recent surveys have found that members of the U.S. Millennial Generation — the roughly 80 million Americans born between 1977 and 2000 — pride themselves on their individuality, and shop accordingly.
News & Analysis
Millennials Shunning Malls Speed Web Shopping Revolution
NEW YORK, United States — CJ Chu is a retailer's nightmare. The 24-year-old associate for a private-equity firm does "99 percent" of his shopping
Millennials Shunning Malls Speed Web Shopping Revolution
NEW YORK, United States — CJ Chu is a retailer's nightmare. The 24-year-old associate for a private-equity firm does "99 percent" of his shopping
The News in Brief
Top Africa Clothes Retailer Pepkor Sinks on Earnings Outlook
Shares in the South African discount clothing retailer fell the most in more than three years, as an expansion into banking weighed on profit forecasts.
Kimberly-Clark Prepares Asset Sales to Win EU Nod for Kenvue Deal
The US consumer goods giant is preparing concessions to address EU antitrust concerns about its bid for Tylenol maker Kenvue that could help it win approval for the $40 billion deal, sources told Reuters.
Kevin.Murphy Appoints New CEO
The Australian hair care brand has named Elisa Fischer its new global chief executive as it looks to push deeper into international markets.
Mco Parent VidaCorp Rebrands to Axia Beauty Group
The company, which also owns brands Nude by Nature and Poni, also announced its new global headquarters and chief marketing officer.
Fayed Abuse Victims Seek Up to £150 Million From Harrods
The retailer currently has a £62 million provision set aside for redress payments, but victims’ lawyers say more is likely needed.
Puig Acquires Sun Care Brand Isdin
The conglomerate bought its former partner’s 50 percent share to take full ownership of the Spanish skincare label.
Hugo Boss Chairman to Step Down Amid Frasers Group Pressure
Stephan Sturm is stepping down, as the German fashion house's largest shareholder seeks to beef up its board representation alongside its takeover bid for the brand.