Retail: Page 10
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Lands’ End revenue down 7.9% in Q2 as e-commerce falters
The company's defunct business in Japan and soft European e-commerce hampered its financial performance.
By Lara Ewen • Updated Aug. 31, 2023 -
Victoria’s Secret posts Q2 sales decline amid turnaround efforts
While the retailer reported progress on its strategic initiatives, analysts question whether its actions are working.
By Kaarin Moore • Aug. 31, 2023 -
Ann Taylor, Loft, Talbots form new KnitWell Group
Owner Sycamore Partners acquired Talbots over a decade ago and the other KnitWell brands during Ascena's 2020 bankruptcy.
By Daphne Howland • Aug. 30, 2023 -
J.C. Penney partners with celebrity stylist Jason Bolden
In a first-ever stylist collaboration for the department store, Bolden will reimagine collections for its J. Ferrar and Worthington private labels.
By Tatiana Walk-Morris • Aug. 30, 2023 -
Express names Brian Atwood creative director of footwear
The luxury shoe designer will be responsible for women's and statement men's lines, as well as his own imprint.
By Lara Ewen • Aug. 29, 2023 -
Fast Retailing announces leadership changes
Uniqlo CEO Daisuke Tsukagoshi will step into a COO role at the brand, while Fast Retailing’s founder will become Uniqlo CEO.
By Laurel Deppen • Aug. 29, 2023 -
Designer Brands President Bill Jordan to exit
Jordan has been with the company in various roles for nearly 18 years and plans to exit by the beginning of December.
By Cara Salpini • Aug. 29, 2023 -
On, Asics, Salomon among fastest-growing footwear brands on secondary market
New 2023 rankings from StockX on sneakers, footwear and accessories suggest that running shoes are in high demand, and overall results may predict Q4 holiday trends.
By Howard Ruben • Aug. 25, 2023 -
Nordstrom pushes ahead with Rack expansion despite declines
Credit card delinquencies are up and prospects for the holiday quarter are hazy, executives said on Thursday.
By Daphne Howland • Aug. 25, 2023 -
Skechers sues non-slip shoemaker for alleged patent infringement
Attorneys for Skechers say Laforst “began making a shoe that has the same heel design as the patented Skechers heel design.”
By Laurel Deppen • Aug. 25, 2023 -
Macy’s inventory churn holds steady in Q2
The retailer has focused on merchandise management as it works to maintain margins amid reduced consumer spending.
By Ben Unglesbee • Aug. 24, 2023 -
Forever 21 and Shein strike deal to distribute both companies’ products
Under the agreement, the Sparc Group will become a minority shareholder in Shein.
By Laurel Deppen • Updated Aug. 24, 2023 -
Urban Outfitters logs record sales again despite trouble from its namesake brand
The UO brand saw a 14% drop in sales while Anthropologie and Free People saw double-digit growth.
By Laurel Deppen • Aug. 23, 2023 -
Foot Locker sales fall nearly 10% as it weathers ‘tougher than expected’ year
CEO Mary Dillon said the start of the back-to-school season was weaker than expected as lower-income shoppers stay cautious.
By Cara Salpini • Aug. 23, 2023 -
Luxury resale still robust despite recession concerns: report
Investment items continue to sell well in every demographic, and “fair condition” pieces are becoming increasingly popular with younger shoppers.
By Lara Ewen • Aug. 22, 2023 -
QVC expands private label to include adaptive clothing
The Denim & Co. Adaptive brand is an addition to QVC’s accessible and adaptive category that launched in March.
By Xanayra Marin-Lopez • Aug. 22, 2023 -
Collaboration roundup: Uniqlo, Banana Republic, Dickies and more
Design partnerships abounded this week. Here are some of the most interesting capsules we saw this week.
By Lara Ewen • Aug. 18, 2023 -
Express plans layoffs, reverse stock split
The apparel retailer, which is cutting 150 jobs, said it continues to take action to improve long-term growth.
By Nate Delesline III • Aug. 18, 2023 -
Nearly half of brides are considering eco-friendly gowns: report
Sustainable fashion is a growing trend in the wedding industry as more brands create options for environmentally-conscious brides.
By Howard Ruben • Aug. 17, 2023 -
Children’s Place recalls more than 97,000 baby and toddler jeans
The move marks a significant event for the New Jersey-based company, representing one of its largest.
By Laurel Deppen • Updated Aug. 17, 2023 -
Lacoste and Bandier release women’s activewear collection
The heritage tennis fashion brand and the New York-based retailer joined forces on a line that blends the current tennis trend with athleisure elements.
By Lara Ewen • Aug. 16, 2023 -
Deep Dive
What Gap Inc. needs from its new CEO
Next week, longtime Mattel executive Richard Dickson takes the reins of an apparel conglomerate — whose brands all need some help.
By Daphne Howland • Aug. 16, 2023 -
Parade acquired by Ariela & Associates International
The DTC intimates brand has expanded its product categories over the past several months and will operate as a division of Ariela & Associates International.
By Dani James • Aug. 15, 2023 -
Columbia rehires Canada Goose exec for chief product officer
Woody Blackford was with Columbia for 14 years before joining rival outerwear firm Canada Goose in 2020.
By Laurel Deppen • Aug. 15, 2023 -
On brand’s DTC sales grew faster than wholesale in Q2
The brand’s direct-to-consumer channel increased 54.7% year over year to 163.5 million Swiss francs during the quarter.
By Dani James • Aug. 15, 2023