Retail: Page 10

  • A shot of Lululemon Global Creative Director Jonathan Cheung in a brand sweater and jacket against a white background.
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    Courtesy of Lululemon
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    Lululemon taps new global creative director

    Jonathan Cheung is taking on the role, while JJ Collier joins the athleticwear brand in the newly created position of vice president of design for outerwear.

    By Cara Salpini • Jan. 17, 2024
  • A lit Burberry storefront as seen in the evening on an empty street.
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    Retrieved from Burberry on January 12, 2024
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    Burberry issues early profit warning

    An overall luxury sector decline and weak December sales will produce lower-than-expected results and impact the company’s fiscal year.

    By • Jan. 12, 2024
  • A crowd of spectators raise their cell phones to record the events taking place at the Concept Korea fashion show during New York Fashion Week.
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    Arturo Holmes via Getty Images
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    Deep Dive

    7 fashion industry trends to watch in 2024

    The coming year will bring fast fashion battles, more mergers and acquisitions, an evolution of luxury and a presidential election, and that’s just for starters.

    By Laurel Deppen and Lara Ewen • Jan. 12, 2024
  • Rothy's M Street store in Georgetown
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    Cara Salpini/Fashion Dive
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    Rothy’s names new CEO

    Co-founders Stephen Hawthornthwaite and Roth Martin are transitioning from their roles as CEO and president to usher in Jenny Ming and Dayna Quanbeck.

    By Caroline Jansen • Jan. 11, 2024
  • The mall entrance of a brightly light "Forever 21" store.
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    "Forever 21" by Mike Mozart is licensed under CC BY 2.0
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    Authentic CEO: Buying Forever 21 ‘biggest mistake I made’

    Jamie Salter also says Shein makes “a lot more than $30 billion” and hinted that the brand licensing firm could IPO in the next 18 months.

    By Cara Salpini • Jan. 11, 2024
  • A brick entrance to a corner apparel store.
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    Daphne Howland/Fashion Dive
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    Chico’s CEO out as brands join Sycamore holding company

    Molly Langenstein took over the top job four years ago amid slumping sales and a tumultuous period for the women’s apparel company.

    By Daphne Howland • Jan. 9, 2024
  • A small hanging store sign reads "Chico's."
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    Daphne Howland/Fashion Dive
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    Chico’s joins Sycamore’s KnitWell Group

    Last year the private equity firm announced it would acquire the apparel conglomerate for $1 billion.

    By Daphne Howland • Jan. 8, 2024
  • Smiling young family looking at candy and Christmas presents in a store window.
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    RgStudio via Getty Images
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    Retail trends that shaped the holidays in 2023

    From new marketing techniques to consumers spending despite inflation, here are the big takeaways from the latest holiday season. 

    By Retail Dive Staff • Jan. 5, 2024
  • Zulily's webpage
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    Courtesy of Zulily
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    Zulily goes out of business, plans to liquidate

    The retailer has entered an assignment for the benefit of creditors, an alternative to bankruptcy, after seven months under private equity ownership. 

    By Nate Delesline III • Jan. 3, 2024
  • A cargo ship on the Suez Canal
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    Courtesy of Suez Canal Authority
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    Holiday shelves unaffected by Suez Canal attacks, but retailers anticipate disruptions in the new year

    Retail industry groups are monitoring the situation, which is adding time and costs to the supply chain as shippers seek alternative routes.

    By Daphne Howland • Dec. 22, 2023
  • Young woman online shopping using the laptop at home
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    FG Trade via Getty Images
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    With website down, Zulily’s future in doubt

    The e-commerce retailer's website is currently "down for maintenance," following layoffs.

    By Nate Delesline III • Dec. 20, 2023
  • A Farfetch shopping bag sits on an orange seat.
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    The image by [email protected] is licensed under CC BY-SA 2.0
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    Farfetch and Coupang deal has consequences for luxury, e-commerce: analysts weigh in

    The newly announced acquisition deal may signal a new path forward for the struggling platform, but challenges remain.

    By • Dec. 19, 2023
  • Image shows interior storefront of Coupang featuring neon displays.
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    Courtesy of Coupang
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    Farfetch to be acquired by Coupang in a $500M deal

    As a result, Farfetch will be delisted from the NYSE, and its agreement to buy YOOX Net-a-Porter from Richemont has been terminated.

    By • Dec. 18, 2023
  • Jenna Lyons sitting among shoes.
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    Courtesy of eBay
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    EBay pushes luxury consignment service with curated Jenna Lyons collection

    A bus will travel to Los Angeles and Las Vegas with items from Lyons’ closet for sale, and shoppers can also get their own luxury handbags appraised.

    By Tatiana Walk-Morris • Dec. 14, 2023
  • A person is wearing beige knee socks and leopard print soccer shoes.
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    Retrieved from Wales Bonner on December 14, 2023
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    Cold weather footwear, Sambas and Uggs top the most-wanted list: report

    Sneaker reseller StockX also said skate shoes, Timberlands and shoes with loud patterns were sought-after during the winter.

    By • Dec. 14, 2023
  • Picture shows the interior of a large two story atrium store as seen from above, filled with clothes on white shelves and crowded with people.
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    Jason Kempin/FilmMagic via Getty Images
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    Uniqlo plans more than 20 new stores in North America in 2024

    The Japan-based fast fashion company is expanding its retail presence in the U.S. and Canada and expects to have 200 locations open by 2027.

    By • Dec. 12, 2023
  • A light post sits just below the big red sign on Macy's flagship store.
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    Daphne Howland/Fashion Dive
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    Why Macy’s investors reportedly offered $5.8B to take the department store private

    The company’s real estate, and not its retail operations, are likely motivating the offer, which the would-be suitors may be willing to increase.

    By Daphne Howland • Dec. 12, 2023
  • A mall entrance to a clothing store named "Torrid."
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    Daphne Howland/Fashion Dive
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    Torrid Q3 net sales drop, swings to net loss

    The apparel and accessories brand updated its full-year guidance again and permanently appointed Paula Dempsey as its new CFO.

    By Dani James • Dec. 11, 2023
  • A white-gloved hand holds out a purple Hermes Kelly bag.
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    Robert Hradil via Getty Images
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    US luxury sales slump continued through November: report

    Fast fashion spending outpaced high-end purchases in early holiday apparel sales, with Shein up 25% for the period.

    By Howard Ruben • Dec. 8, 2023
  • An Amazon delivery van made by Rivian sits in a neighborhood.
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    Courtesy of Amazon
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    Amazon cuts referral fees for some apparel sellers

    The retailer said the changes are meant to improve the speed of delivery and reduce total costs to serve.

    By Nate Delesline III • Dec. 8, 2023
  • Five pieces of clothing, with a cardboard box to the right that says "Stitch Fix."
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    Courtesy of Stitch Fix
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    Stitch Fix sales and customer count decline further, but loss narrows

    The apparel box e-retailer kept a grip on expenses and is making major operational changes to boost sales and profits, executives said Tuesday.

    By Daphne Howland • Dec. 7, 2023
  • A black "Lululemon" sign features the red and white brand logo and white lettering, hanging in front of a leafy tree.
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    Daphne Howland/Fashion Dive
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    Can Lululemon maintain its momentum?

    Ahead of the brand’s Q3 report this week, Wells Fargo analysts downgraded their stock outlook, while other analysts raised their price targets.

    By Daphne Howland • Dec. 6, 2023
  • A black denim Telfar shopper bag sits on a white background.
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    Retrieved from Telfar on December 06, 2023
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    Telfar’s new denim shoppers sell out in less than 24 hours

    The accessories collection launched through the brand’s e-commerce site on Tuesday afternoon, and by early Wednesday, only belts and hats remained available.

    By • Dec. 6, 2023
  • Saks will lay off 90 employees next year and end operations at a Wilkes-Barre, Pennsylvania, fulfillment center, pictured here.
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    Retrieved from Google on Nov. 21, 2023.

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    Saks to lay off 90 at Pennsylvania fulfillment center

    The cuts are slated to begin in January as the e-commerce retailer shifts volume to more advanced facilities.

    By Max Garland • Nov. 29, 2023
  • Storefront of Abercrombie & Fitch in a mall. Store windows on the left and right have mannequins wearing long pants and shirts.
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    Courtesy of Abercrombie & Fitch
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    Abercrombie & Fitch sales jump 20% in Q3

    The company’s namesake brand posted 30% growth, while Hollister was up 11%. Now it’s a question of sustaining that momentum, analysts said.

    By Nate Delesline III • Nov. 28, 2023