Uniqlo Scraps Price Rise on $2 Socks After Japanese Shopper Outcry
The decision underscores the challenge Japanese retailers face as persistent inflation squeezes household budgets.
Retail
Analysis and advice from the front lines of the retail transformation.
Live Event Debrief: What The End of Ownership Means for Fashion
Watch our members-only discussion to find out the key takeaways on the end of ownership and the rise of rental and resale services.
Inside Bloomingdale's Permanent Pop-Up
Taking a cue from conceptual boutiques and indie brands, the Macy’s-owned chain is launching its ‘shop-in-shop’ concept, to be curated every two months based on a different theme.
Aerie's Expansion to Hit American Eagle Profit
American Eagle Outfitters forecast third-quarter profit below expectations, as the retailer spends more on wages and advertising to support the expansion of its popular Aerie line of lingerie.
Op-Ed | What Do You Know, Retailers Are Figuring It Out
This quarter showed that brick-and-mortar shopping can still be a vibrant business, and that old retail dogs can learn new tricks.
Nike, Adidas and Uniqlo Face Off at the US Open
This week, everyone will be talking about what Serena Williams and Roger Federer are wearing on and off the court at the US Open, the health of shopping malls and the stores inside them. Read our BoF Professional Cheat Sheet.
Target’s Second-Quarter Sales Jump
Same-store sales were higher than estimates, rising 4.9 percent, while revenue rose to $17.78 billion.
Op-Ed | What Fashion Must Learn from Apple’s $1 Trillion Milestone
Fashion’s future is a long going out of business sale, unless it turns itself upside down, argues John Thorbeck.
Brazil Mall Executives Shrug Off Amazon Expansion
They say a better mix of non-retail tenants in malls, the high costs of shipping in Brazil and other factors should allow malls here to continue to thrive.
Macy's Posts Same-Store Sales Growth
The department store chain reported a surprise rise in quarterly same-store sales, topping estimates for the third straight quarter.
Walmart Teams Up with Ellen DeGeneres to Launch Fashion Line
The retailer is tying up with comedian and talk-show host in its latest attempt to recover lost ground against Amazon and others in the rapidly growing fashion category.
Sports Direct Says It Will Keep Most House of Fraser Stores Open
The aim is to keep at least 80 percent of the stores open after Sports Direct rescued House of Fraser from near collapse last week.
Sports Direct's House of Fraser Purchase Fails to Convince Analysts
Sports Direct chief Mike Ashley said he would keep as many House of Fraser stores open as possible and transform the chain "into the Harrods of the High Street."
THE NEWS IN BRIEF
Aritzia Seeks to More Than Double Sales by 2032
New categories and brick-and-mortar expansion beyond North America are set to drive Aritzia’s quest to hit $10.5 billion CAD ($7.5 billion).
Pop Mart Quarterly Sales Fall Up to 50% as Labubu Fad Cools
Sales in the Americas fell 70 to 75 percent.
Mike Ashley’s Frasers Says It’s Taken Control of Hugo Boss
The British retail group has pushed its stake in the German apparel brand above 50 percent in a move that will turn Hugo Boss into a subsidiary of Frasers.
Shein Agrees to Pay $100 Million to Settle US FTC Probe
The settlement, equivalent to 44 percent of the ultra fast-fashion company’s second-quarter profit, is the latest blow amid regulatory and tax crackdowns in Europe and the US that have hampered Shein’s growth.
UK Retail Sales Fall 0.4% in September, More Than Forecast
Sales fell in September as above-average temperatures hit demand for autumn clothing.
David’s Bridal Plans Spinoff and IPO of AI Wedding Planning Platform Pearl
Pearl, a subsidiary of David’s Bridal, will own David’s Bridal and license its intellectual property back to the bridalwear brand. David’s Bridal CEO Kelly Cook will serve as Pearl’s CEO.
EBay Will Lay Off 9% of Workforce
The online marketplace is looking to simplify operations and shift resources to its fastest-growing areas, Reuters reported.