Steven Madden Tops Expectations and Lifts Full-Year Outlook
The retailer raised its full-year revenue forecast again as its integration of luxury brand Kurt Geiger last year provided a tailwind.
stores
Beauty
Cassandra Grey Launches Perfume Label With $1,100 Fragrance
The month before its new Madison Avenue outpost opens to the public, the luxury beauty retailer has quietly launched Madame Grey, with a hair mist and a perfume.
Cassandra Grey Launches Perfume Label With $1,100 Fragrance
The month before its new Madison Avenue outpost opens to the public, the luxury beauty retailer has quietly launched Madame Grey, with a hair mist and a perfume.
Beauty
Mexican Beauty Brands Seize the Moment
Brands founded in Mexico were already riding a wave of national pride, as more customers look for more culturally authentic brands. Now TikTok Shop, savvy marketing and improved trade policy are helping them grow to the next level.
Mexican Beauty Brands Seize the Moment
Brands founded in Mexico were already riding a wave of national pride, as more customers look for more culturally authentic brands. Now TikTok Shop, savvy marketing and improved trade policy are helping them grow to the next level.
Beauty
Fine Fragrance Brand Amouage’s Sales Lift 48%
The Omani perfume house reported $100 million in retail sales in its first-quarter earnings, with growth led by its owned boutiques and fresh inroads in the US.
Fine Fragrance Brand Amouage’s Sales Lift 48%
The Omani perfume house reported $100 million in retail sales in its first-quarter earnings, with growth led by its owned boutiques and fresh inroads in the US.
Retail
Primark Committed to US Expansion Despite Tariff Uncertainty, Says Boss
George Weston, chief executive of the British fast-fashion retailer’s parent company AB Foods, said Primark was ‘absolutely’ committed to its plan to have 60 US stores by 2026, more than double the current total.
Primark Committed to US Expansion Despite Tariff Uncertainty, Says Boss
George Weston, chief executive of the British fast-fashion retailer’s parent company AB Foods, said Primark was ‘absolutely’ committed to its plan to have 60 US stores by 2026, more than double the current total.
Retail
As Foreign Tourists Stay Away, US Retailers Dust Off Their Covid Playbooks
International visits to the US are falling fast due to tariffs and growing tensions between America and the rest of the world. The silver lining for retailers: they’ve been down this road before.
As Foreign Tourists Stay Away, US Retailers Dust Off Their Covid Playbooks
International visits to the US are falling fast due to tariffs and growing tensions between America and the rest of the world. The silver lining for retailers: they’ve been down this road before.
Beauty
Ulta Beauty Names New Chief Merchandising Officer
Lauren Brindley, an executive who previously worked at the British beauty companies Revolution Beauty and Boots will succeed Monica Arnaudo on June 3.
Ulta Beauty Names New Chief Merchandising Officer
Lauren Brindley, an executive who previously worked at the British beauty companies Revolution Beauty and Boots will succeed Monica Arnaudo on June 3.
Retail
Lacoste Ups Its US Ambitions With New York Flagship
The new store is part of a plan to fuel sales growth in the US, a key market for its tennis-centric sportswear. But Lacoste faces new headwinds, including Trump’s tariffs, new levels of US uncertainty and increased competition for prime tennis positioning.
Lacoste Ups Its US Ambitions With New York Flagship
The new store is part of a plan to fuel sales growth in the US, a key market for its tennis-centric sportswear. But Lacoste faces new headwinds, including Trump’s tariffs, new levels of US uncertainty and increased competition for prime tennis positioning.
Marketing
Actual Y2K Brands Want In on the Y2K Trend
From Ugg to Milani to True Religion, popular early-aughts brands are leaning into “newstalgia” — striking a balance between reminding consumers of their glory days and offering something fresh to stay relevant across generations.
Actual Y2K Brands Want In on the Y2K Trend
From Ugg to Milani to True Religion, popular early-aughts brands are leaning into “newstalgia” — striking a balance between reminding consumers of their glory days and offering something fresh to stay relevant across generations.
Beauty
Ulta Beauty Pauses Target Shop-in-Shop Openings
The beauty retailer will instead focus on 'optimising' its existing 610 locations, said CEO Kecia Steelman at an investors event.
Ulta Beauty Pauses Target Shop-in-Shop Openings
The beauty retailer will instead focus on 'optimising' its existing 610 locations, said CEO Kecia Steelman at an investors event.
Beauty
The Secret to Giving an Old Beauty Brand a New Look
In a beauty market obsessed with new, younger labels often have the advantage. But a set of older brands are doubling-down on their legacies via retail spaces, redesigns and reeducation to secure future growth.
The Secret to Giving an Old Beauty Brand a New Look
In a beauty market obsessed with new, younger labels often have the advantage. But a set of older brands are doubling-down on their legacies via retail spaces, redesigns and reeducation to secure future growth.
Luxury
Michael Kors Owner Capri’s Finance Head Jumps Ship to Macy’s
Thomas Edwards will join Macy’s in June to assist CEO Tony Spring’s cost-cutting, luxury-focussed turnaround efforts.
Michael Kors Owner Capri’s Finance Head Jumps Ship to Macy’s
Thomas Edwards will join Macy’s in June to assist CEO Tony Spring’s cost-cutting, luxury-focussed turnaround efforts.
Retail
Zara Opens Flagship Store in China’s Nanjing With Cafe and Content Creation Studio
The Inditex-owned fast fashion retailer’s latest flagship store features more digital integration and spaces designed to encourage shoppers to spend more time in-store. Multinational brands targeting China’s middle-class consumers face a broader spending slowdown and increased local competition.
Zara Opens Flagship Store in China’s Nanjing With Cafe and Content Creation Studio
The Inditex-owned fast fashion retailer’s latest flagship store features more digital integration and spaces designed to encourage shoppers to spend more time in-store. Multinational brands targeting China’s middle-class consumers face a broader spending slowdown and increased local competition.
The News in Brief
Reformation and Its Backers Raise $210.9 Million in IPO
The womenswear brand and shareholders including private-equity backer Permira raised new funds in an IPO that priced shares at the bottom of the marketed range.
Adidas Shares Plunge After World Cup Spend Dents Profit
Shares in the company fell the most on record after its marketing outlay for the World Cup resulted in lower-than-expected quarterly profit.
British Fashion Council to Boost UK Fashion Beyond London
The new national initiative, Fashion Britain, aims to increase growth, innovation and participation in the industry across key cities.
Hermès’ Chief Watches China’s Pork Prices to Gauge Luxury Demand
When it comes to gauging the possibility of a sales rebound for his luxury group in China, Hermès executive chairman Axel Dumas turns to an unusual metric.
Hermès Shares Dive as Sales and Chinese Weakness Disappoint
Hermès second quarter sales rose 7 percent, lifted by a recovery in tourism in Europe and strong demand in the US.
Shein Discloses FTC Probe in US, Warns of Significant Payments
According to documents the ultra-fast-fashion company filed in connection with its planned Hong Kong IPO, Shein is cooperating with the investigation and could face significant fines.
Frasers Group Takes a Position in Burberry
The billionaire Mike Ashley’s investment arm disclosed Tuesday it holds an interest worth a potential 4.2 percent of the voting rights in Burberry.