France Targets Shein and Temu With Fast-Fashion Fines
The penalties are part of a law passed in June that targets the extreme end of fast fashion and aims to address environmental concerns from overproduction.
Retail
Analysis and advice from the front lines of the retail transformation.
As World Cup Breaks Records, Adidas, Nike Navigate Bumps in Retail Demand
Adidas and Nike and retailers like Dick’s Sporting Goods and Fanatics have made significant investments in merchandise. Total sponsorship value grew to at least $349 million, from $342 million in 2019, according to GlobalData, with many brands aligning themselves with themes of women’s empowerment.
As World Cup Breaks Records, Adidas, Nike Navigate Bumps in Retail Demand
Adidas and Nike and retailers like Dick’s Sporting Goods and Fanatics have made significant investments in merchandise. Total sponsorship value grew to at least $349 million, from $342 million in 2019, according to GlobalData, with many brands aligning themselves with themes of women’s empowerment.
Pandora Lifts Outlook as Jeweller Pushes Lab-Grown Diamonds
Pandora A/S raised its revenue forecast on strong demand as the Danish jewellery chain expands sales of lab-grown diamonds, aiming to popularise the cheaper alternatives to mined gems.
Pandora Lifts Outlook as Jeweller Pushes Lab-Grown Diamonds
Pandora A/S raised its revenue forecast on strong demand as the Danish jewellery chain expands sales of lab-grown diamonds, aiming to popularise the cheaper alternatives to mined gems.
Can Me+Em Sell British Style to American Women?
London-based DTC womenswear brand Me+Em is betting that its lego-like approach to fashion, which built it a following in its home country, will translate to the US market.
Can Me+Em Sell British Style to American Women?
London-based DTC womenswear brand Me+Em is betting that its lego-like approach to fashion, which built it a following in its home country, will translate to the US market.
Why Analytics and Agility Are Critical to Success in Today’s Retail Market
SKYPAD, a B2B SaaS platform which offers sell-through data distribution and streamlined reporting to partner retailers like Saks and fashion brands including Robert Graham, is designed to meet industry needs around increased transparency on product performance and agility in a changeable market.
Why Analytics and Agility Are Critical to Success in Today’s Retail Market
SKYPAD, a B2B SaaS platform which offers sell-through data distribution and streamlined reporting to partner retailers like Saks and fashion brands including Robert Graham, is designed to meet industry needs around increased transparency on product performance and agility in a changeable market.
How Retailers Convince Coveted Brands to Go on Sale
Consumers can find discounts from countless retailers year round. Getting sought-after labels to join the fray is just one way the merchandiser’s job has grown more complex.
How Retailers Convince Coveted Brands to Go on Sale
Consumers can find discounts from countless retailers year round. Getting sought-after labels to join the fray is just one way the merchandiser’s job has grown more complex.
Is Inflation Beaten? Depends on Where You Look
This week will bring more readings on consumer prices from Japan, the UK and Eurozone, plus a financial update from Tapestry, fresh off its acquisition of Capri. That, plus what else to watch for in the coming days.
Is Inflation Beaten? Depends on Where You Look
This week will bring more readings on consumer prices from Japan, the UK and Eurozone, plus a financial update from Tapestry, fresh off its acquisition of Capri. That, plus what else to watch for in the coming days.
How to Win in Retail: Less Science, More Art
After two decades of investing in the science of retail, it’s time for the industry to better balance technology solutions with a deeper understanding of art, writes Doug Stephens.
How to Win in Retail: Less Science, More Art
After two decades of investing in the science of retail, it’s time for the industry to better balance technology solutions with a deeper understanding of art, writes Doug Stephens.
Advent Buys Zimmermann in $1 Billion Deal
The private equity giant is acquiring a majority stake in Australian fashion brand from the founding family and Italian fund Style Capital.
Advent Buys Zimmermann in $1 Billion Deal
The private equity giant is acquiring a majority stake in Australian fashion brand from the founding family and Italian fund Style Capital.
The Hunt for Aspirational Shoppers Continues
This week, Ralph Lauren and Michael Kors owner Capri report financial results, and likely clues to how well-off, but not that well-off, consumers are spending their money. That, plus what else to watch for in the coming week.
The Hunt for Aspirational Shoppers Continues
This week, Ralph Lauren and Michael Kors owner Capri report financial results, and likely clues to how well-off, but not that well-off, consumers are spending their money. That, plus what else to watch for in the coming week.
What Birkenstock’s IPO Says About the Future of the Fashion Market
After 18 months of hardly any listings on the equity market, a number of fashion brands are now eyeing public offerings in the coming months. A full recovery, however, is yet to be in sight.
What Birkenstock’s IPO Says About the Future of the Fashion Market
After 18 months of hardly any listings on the equity market, a number of fashion brands are now eyeing public offerings in the coming months. A full recovery, however, is yet to be in sight.
Unpacking Adidas’ Surprise Yeezy Coup
After severing ties with Ye, Adidas was left to deal with $1.3 billion worth of unsold merchandise, which it considered destroying but decided to sell instead, beginning with a first drop in May. That turned out to be the right decision.
Unpacking Adidas’ Surprise Yeezy Coup
After severing ties with Ye, Adidas was left to deal with $1.3 billion worth of unsold merchandise, which it considered destroying but decided to sell instead, beginning with a first drop in May. That turned out to be the right decision.
Five Key Questions on Kering and Mayhoola’s Valentino Deal
The French group will pay €1.7 billion for 30 percent of the Italian couture house as the first step in a broader partnership with owner Mayhoola. What will the deal mean for Kering, Valentino, Mayhoola and the wider fashion landscape?
Five Key Questions on Kering and Mayhoola’s Valentino Deal
The French group will pay €1.7 billion for 30 percent of the Italian couture house as the first step in a broader partnership with owner Mayhoola. What will the deal mean for Kering, Valentino, Mayhoola and the wider fashion landscape?
THE NEWS IN BRIEF
Shein Prices Hong Kong IPO Below Top End of Range, Raises $1.74 Billion
Existing investors in the fast-fashion giant who participated in the offer include billionaire Michael Bloomberg's family office Willett Advisors, French billionaire entrepreneur and investor Xavier Niel and Microsoft Corp.
Amazon Sued by FTC Over Claims It Misled Advertisers on Pricing
The FTC and several state attorneys general have been investigating claims that Amazon had not properly disclosed the terms and pricing related to its ads.
Shein Shares Plunge Up to 17% on Grey Market Ahead of Hong Kong Debut
More than 63 million shares changed hands leading up to the formal debut on Tuesday.
Nike Hires Ex-Foot Locker Executive to Run Converse Operations
Kristin Bauer, who was chief supply chain officer for the sneaker retailer for nearly three years, will join Converse as chief operating officer on Sept. 14, according to an internal memo.
Gap Replaces Old Navy CEO After Bigger-Than-Expected Sales Drop
Former Target and Walmart veteran Michael Francis, known in the industry as a marketing guru, will succeed current Old Navy CEO Horacio Barbeito on Nov. 2.
Inditex’s Primark Competitor Lefties Lands in the UK
The low-cost clothing brand opened its first UK store in Liverpool on Thursday, with shops in Newcastle and Essex due to follow later this year.
Kohl’s Turnaround Stalls as Sales Growth Stagnates
Kohl’s turnaround attempt showed some progress after the retailer raised its annual earnings outlook, but it still doesn’t see sales growth this year.