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.
Zara-Owner Inditex Says It Will Stop Buying Clothes From Myanmar
Zara owner Inditex is in the process of stopping purchases from Myanmar, the company told Reuters on Thursday, as a result of a campaign by global workers’ union IndustriALL to convince companies to divest from the country.
Zara-Owner Inditex Says It Will Stop Buying Clothes From Myanmar
Zara owner Inditex is in the process of stopping purchases from Myanmar, the company told Reuters on Thursday, as a result of a campaign by global workers’ union IndustriALL to convince companies to divest from the country.
Can Gap Be Barbie-fied?
Gap’s new CEO is regarded as the architect behind Barbie’s sensational comeback. Can he replicate the playbook to save a $15 billion fashion empire?
Can Gap Be Barbie-fied?
Gap’s new CEO is regarded as the architect behind Barbie’s sensational comeback. Can he replicate the playbook to save a $15 billion fashion empire?
Where US Consumers Are Shopping and What They’re Buying
Luxury spending may be flagging, and Miami has lost some of its pandemic-era heat. But there are plenty of opportunities for fashion brands if they know where to look.
Where US Consumers Are Shopping and What They’re Buying
Luxury spending may be flagging, and Miami has lost some of its pandemic-era heat. But there are plenty of opportunities for fashion brands if they know where to look.
Thebe Magugu and Adidas Partner with South African Football Club Orlando Pirates
In a bid to reach a wider set of customers, the Johannesburg-based designer will create the team’s uniforms for the upcoming season and release fan apparel as well.
Thebe Magugu and Adidas Partner with South African Football Club Orlando Pirates
In a bid to reach a wider set of customers, the Johannesburg-based designer will create the team’s uniforms for the upcoming season and release fan apparel as well.
Adidas Claims Ye Mishandled Over $100 Million Marketing Fund
The German apparel maker takes the hip hop artist formerly known as Kanye West to court, claiming Ye used marketing funds for unauthorised purposes.
Adidas Claims Ye Mishandled Over $100 Million Marketing Fund
The German apparel maker takes the hip hop artist formerly known as Kanye West to court, claiming Ye used marketing funds for unauthorised purposes.
Why Vintage Gap Is Hot and Current Gap Is Not
Driven partly by nostalgia and partly by the trend for 1990s and Y2K styles, people are snatching up products from Gap's heyday. But those same shoppers aren’t necessarily buying what Gap has in stores now.
Why Vintage Gap Is Hot and Current Gap Is Not
Driven partly by nostalgia and partly by the trend for 1990s and Y2K styles, people are snatching up products from Gap's heyday. But those same shoppers aren’t necessarily buying what Gap has in stores now.
How Inflation Changed Fashion
US consumer prices rose at their slowest pace in two years in June, potentially bringing to a close a period that changed how many fashion brands value their goods.
How Inflation Changed Fashion
US consumer prices rose at their slowest pace in two years in June, potentially bringing to a close a period that changed how many fashion brands value their goods.
Why So Many Brands Want to Expand Into the UK Right Now
Britain’s cost of living crisis continues to escalate. Yet a number of brands still see ample opportunity in the market. Why?
Why So Many Brands Want to Expand Into the UK Right Now
Britain’s cost of living crisis continues to escalate. Yet a number of brands still see ample opportunity in the market. Why?
Amazon Prime Day Isn’t the Only Game in Town Anymore
The e-commerce giant’s rivals are planning their own sales events, while Shein and Temu are luring consumers with the promise of year-round discounts. That, plus what else to watch for in the week ahead.
Amazon Prime Day Isn’t the Only Game in Town Anymore
The e-commerce giant’s rivals are planning their own sales events, while Shein and Temu are luring consumers with the promise of year-round discounts. That, plus what else to watch for in the week ahead.
Shein’s Winding Path to an IPO
Rumours of a public listing have swirled around the e-commerce giant for years, but geopolitical tensions, a volatile stock market and scrutiny from US lawmakers keep postponing the event. Recent reports indicate an end is in sight, however.
Shein’s Winding Path to an IPO
Rumours of a public listing have swirled around the e-commerce giant for years, but geopolitical tensions, a volatile stock market and scrutiny from US lawmakers keep postponing the event. Recent reports indicate an end is in sight, however.
Birkenstock Owner Considers IPO at $6 Billion-Plus Value
The private equity firm L Catterton is considering strategic options for Birkenstock including an initial public offering, according to people familiar with the matter.
Birkenstock Owner Considers IPO at $6 Billion-Plus Value
The private equity firm L Catterton is considering strategic options for Birkenstock including an initial public offering, according to people familiar with the matter.
Report: Shein Files for US IPO
The fast fashion retailer denied a new report that it registered for an initial public offering in New York.
Report: Shein Files for US IPO
The fast fashion retailer denied a new report that it registered for an initial public offering in New York.
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.