Shein’s Purchase of Everlane Faces US National Security Review
A review by an interagency panel led by the US Treasury Department began after the $80 million transaction was completed in May, according to the people familiar with the matter.
Retail
Analysis and advice from the front lines of the retail transformation.
Nordstrom Family Offers to Take Chain Private for $3.8 Billion
The Nordstrom family has proposed buying the department store chain for $23 per share, aiming to take the company private for $3.8 billion, with financing from family members, Mexican retailer El Puerto de Liverpool, and new bank funding.
Nordstrom Family Offers to Take Chain Private for $3.8 Billion
The Nordstrom family has proposed buying the department store chain for $23 per share, aiming to take the company private for $3.8 billion, with financing from family members, Mexican retailer El Puerto de Liverpool, and new bank funding.
Mass Retail’s New Favourite Collaborators: Buzzy Men’s Brands
Mass-market retailers and emerging designers connected to streetwear and subcultures around it are teaming up to reach the next generation of menswear consumers.
Mass Retail’s New Favourite Collaborators: Buzzy Men’s Brands
Mass-market retailers and emerging designers connected to streetwear and subcultures around it are teaming up to reach the next generation of menswear consumers.
A Reality Check for Temu
Growth is slowing, competition is getting intense and regulators have the fast-fashion retailer in their sights. But despite investor panic over its prospects, Temu remains an e-commerce powerhouse — one that Western competitors must continue to watch.
A Reality Check for Temu
Growth is slowing, competition is getting intense and regulators have the fast-fashion retailer in their sights. But despite investor panic over its prospects, Temu remains an e-commerce powerhouse — one that Western competitors must continue to watch.
Consumers Are Still Spending, but Retailers Are Bracing for Impact
Gap, Foot Locker, Abercrombie and other retailers issued cautious outlooks for the remainder of the year even as they reported strong second-quarter sales. It’s the latest indication that all is not well with American consumers.
Consumers Are Still Spending, but Retailers Are Bracing for Impact
Gap, Foot Locker, Abercrombie and other retailers issued cautious outlooks for the remainder of the year even as they reported strong second-quarter sales. It’s the latest indication that all is not well with American consumers.
This Week: Retail Earnings Get Messy
Gap, Abercrombie, Lululemon and others report results this week, amid growing concerns about a pullback in consumer spending.
This Week: Retail Earnings Get Messy
Gap, Abercrombie, Lululemon and others report results this week, amid growing concerns about a pullback in consumer spending.
H&M’s Big Bet on Fashion’s Elusive Middle
In an exclusive interview, CEO Daniel Ervér outlined his strategy to turn the Swedish fast-fashion giant’s greatest weakness – its positioning above Shein but below Zara in the category’s pricing hierarchy – into a strength. It all kicks off with a collection due out next month.
H&M’s Big Bet on Fashion’s Elusive Middle
In an exclusive interview, CEO Daniel Ervér outlined his strategy to turn the Swedish fast-fashion giant’s greatest weakness – its positioning above Shein but below Zara in the category’s pricing hierarchy – into a strength. It all kicks off with a collection due out next month.
This Week: Which Retailers Win When Customers Trade Down?
Macy’s is betting on refreshed stores and better merchandise even as shoppers hunt for bargains. The company will give an update on its turnaround efforts with quarterly results this week.
This Week: Which Retailers Win When Customers Trade Down?
Macy’s is betting on refreshed stores and better merchandise even as shoppers hunt for bargains. The company will give an update on its turnaround efforts with quarterly results this week.
The Top Priority for Victoria’s Secret’s New CEO
The surprise appointment of Savage X Fenty’s Hillary Super to the top job gives the beleaguered lingerie brand one more chance to show confused consumers what it stands for.
The Top Priority for Victoria’s Secret’s New CEO
The surprise appointment of Savage X Fenty’s Hillary Super to the top job gives the beleaguered lingerie brand one more chance to show confused consumers what it stands for.
Can ‘Emily in Paris’ Catapult Vestiaire Collective Into the American Mainstream?
In the new season of the hit Netflix show, the resale platform makes a cameo, hoping that the appearance will boost its US business, which now accounts for 20 percent of its sales.
Can ‘Emily in Paris’ Catapult Vestiaire Collective Into the American Mainstream?
In the new season of the hit Netflix show, the resale platform makes a cameo, hoping that the appearance will boost its US business, which now accounts for 20 percent of its sales.
How the Streetwear Customer Is Evolving
Streetwear is by no means dead, but its customers are changing. Today they're embracing a diverse wardrobe that mixes logo T-shirts with heritage brands and traditional menswear or luxury.
How the Streetwear Customer Is Evolving
Streetwear is by no means dead, but its customers are changing. Today they're embracing a diverse wardrobe that mixes logo T-shirts with heritage brands and traditional menswear or luxury.
Revolve Makes a Case for Free Returns
The e-commerce retailer recorded the first drop in its return rate in more than three years, and unlike many of its peers, has held fast to its policy of free shipping for online returns.
Revolve Makes a Case for Free Returns
The e-commerce retailer recorded the first drop in its return rate in more than three years, and unlike many of its peers, has held fast to its policy of free shipping for online returns.
American Fashion Soldiers Through a Volatile Market — For Now
The global stock market tumble this week raised alarm among economists over the likelihood of a US recession happening this year. The consumer economy, however, has held strong and the savviest retailers are still posting growth through offering a compelling value proposition.
American Fashion Soldiers Through a Volatile Market — For Now
The global stock market tumble this week raised alarm among economists over the likelihood of a US recession happening this year. The consumer economy, however, has held strong and the savviest retailers are still posting growth through offering a compelling value proposition.
THE NEWS IN BRIEF
Shein Sets IPO Date, Targets Up to $27 Billion Valuation
The company is set to debut on the Hong Kong stock exchange on Sept. 1 and is seeking to raise as much as $1.8 billion in its long-awaited IPO, according to a filing.
UK Retail Sales Drop for the First Time in Three Months
Scorching weather and fewer discounts discouraged shoppers and ended a recent rebound in consumer spending as retail sales fell for the first time since April.
Boohoo Fined $2.7 Million by French Watchdog Over Deceptive Discounts
Nearly half of the examined promotions were revealed to be price increases. The Debenhams-owned fast-fashion brand also used terms like ‘leather’ to sell synthetic products.
Report: Shein Postpones IPO to September
Shein has pushed back its market debut following a delay in taking investor orders for its Hong Kong IPO at a reduced valuation, the South China Morning Post reported.
JD Sports Cuts Outlook as Shoppers Curb Spending on Sneakers
The retailer cut its profit outlook after weaker-than-expected sales in the quarter, as customers grapple with cost-of-living pressures and pull back on discretionary spending.
TJ Maxx, Marshalls Suffer Slowdowns as US Spending Tapers
TJX Companies reported slowdowns at the off-price apparel chains on Wednesday, fueling concerns about a pullback in US consumer spending.
Frasers Group’s Mike Ashley Tightens Hold on Hugo Boss
The group increased its stake in the luxury brand to 48 percent, less than a week after its acquisition of department store chain Harvey Nichols.