Shein Invests €500 Million in Europe as Customs Rules Tighten
The online retailer said it will expand its logistics hub in Poland as it grapples with stricter customs regulations in Europe.
Retail
Analysis and advice from the front lines of the retail transformation.
Nordstrom Declines After No-Merchandise Store Puzzles Investors
Shares fell by 5.4 percent as the company announced a "Neighbourhood-hub" shop, that will include personal stylists and manicure stations, but no purchasable clothes.
Byredo Goes Full Pelt on Handbag Line
Following an 'experiment' with leather goods in 2015, the cult fragrance house will launch a full collection of handbags for the Autumn/Winter season.
J.Crew’s ‘Fast Fashion’ Pivot
The era of the ‘merchant prince’ is giving way to a new reality where technology-driven supply chains are as important as design. Can J.Crew adapt?
Prada Struggles to Halt Sales Declines
The Italian house reported first-half profits missed analysts’ estimates and warned that its turnaround plan may take longer than expected.
Unpacking Elizabeth and James' Curated-Vintage Strategy
With the contemporary market in flux, founders Ashley and Mary-Kate Olsen have implemented a broad push to bring their oh-so-specific vintage fashion and accessories edit to wholesale partners.
Target Investing $7 Billion in Future
As part of the strategy, the company is launching more than 12 new brands.
New Zealand Unit of Topshop Placed in Receivership
The fate of Topshop's two New Zealand stores is uncertain, merely two years after the brand arrived in the country.
Gap Inc. Shifts Focus Towards Old Navy and Athleta
The company will close 200 Gap and Banana Republic stores in the next three years and open 270 Old Navy and Athleta stores during the same period.
Kohl's Teams Up With Amazon in Bid to Drive Traffic to Stores
The retailer will open 1,000-square-foot Amazon areas in 10 of its locations, offering gadgets like the Echo device and the Fire tablet.
Hunter Announces Design Director, Isamaya Ffrench Collaboration
The appointment of Daniel Shaw from Christopher Raeburn comes as Hunter unveils a collection of hand-painted backpacks by makeup artist Isamaya Ffrench.
To Save Retail, Let It Die
The store of the future will become the most powerful media channel available to a brand, offering customer experiences that are the most profitable product a retailer can sell. But to get there, retail as we know it must die.
Dover Street Market's Latest Label: Jijibaba
Created by two furniture makers, the brand will harness a changing cast of creatives to apply the principles of product design to garments.
THE NEWS IN BRIEF
Pandora Nudges Up Outlook, Speeds Up Launches
The jeweller edged up its near-term revenue and profitability targets as efforts to keep the brand affordable pay off.
M&S Sales Recovering After Last Year’s Cyber Attack
Sales and profit from clothing and homeware remain below two years ago but ‘brand is in good health.’
Hugo Boss Cuts Outlook Citing Weak Demand, Higher Costs
The German fashion house, recently taken over by Britain’s Frasers Group, is in the midst of a second turnaround effort under CEO Daniel Grieder.
Ye Announces ‘Yeezy Season 01’ Runway Show in Los Angeles
The show will unveil the brand’s first-ever flagship store and mark Ye’s first full-scale runway presentation in four years.
Michael Kors Owner Capri Soars After Raising Annual Forecasts
Shares jumped after the group raised its annual revenue and profit forecasts and said it expected sales to return to growth.
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.
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).