Retail: Page 12

  • Storefront of Saks Off 5th.
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    "Saks Fifth Avenue, Off 5th Outlet Factory Store , Clinton CT" by Mike Mozart is licensed under CC BY 2.0
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    Saks Off 5th names chiefs for marketing, merchandising

    Mara Sirhal joins from Bed Bath & Beyond as chief merchant and brand president, while Sara Griffin will become chief marketing and analytics officer.

    By Nate Delesline III • June 16, 2023
  • A person is standing in the men's section of a clothing store, holding clothing items.
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    Spencer Platt/Getty Images via Getty Images
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    Younger shoppers are spending less on apparel: report

    Luxury brands received the biggest drop off in spending from consumers under 34.

    By • June 16, 2023
  • Mannequins are seen in the newly renovated second floor of Goodman's.
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    Courtesy of Judy Pak
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    Bergdorf revamps men’s shop to focus on tailoring

    The luxury retailer is doubling down on the sector as menswear sales over the past 12 months outpace both women and children, according to data.

    By Howard Ruben • June 15, 2023
  • Sean Wotherspoon is seen holding a large pile of Gap clothes.
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    Courtesy of GAP
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    Gap launches vintage collection curated in-house

    The collection, hand-picked by Gap’s vintage curator, designer Sean Wotherspoon, includes items from the 1980s, 1990s and 2000s.

    By • June 14, 2023
  • Person uses credit card to buy online
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    Nastasic via Getty Images
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    Adobe: Online prices fell 2.3% in May, the biggest drop since the pandemic began

    Overall inflation has slowed in recent months, the research firm found.

    By Tatiana Walk-Morris • June 13, 2023
  • Man stands in front of green backdrop with black polka dots speaking into a microphone and gesturing with one arm.
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    Lia Toby via Getty Images
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    Fiorucci menswear artistic director to depart brand

    Daniel Fletcher has been with the brand since 2019, and his final collection will be released later this year.

    By • June 13, 2023
  • A J. Crew virtual store.
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    Courtesy of J. Crew
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    J. Crew opens virtual store

    The beach house experience features six themed rooms for shoppers to browse, and includes a quiz, a scavenger hunt and former catalog images.

    By Tatiana Walk-Morris • June 12, 2023
  • Neiman Marcus store in Friendship Heights, Maryland
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    Daphne Howland/Fashion Dive
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    Excess inventory at Neiman Marcus squeezes Q3 margins

    Some consumers showed wariness in the period, but the department store said its top customers, brands and stores continue to do well.

    By Daphne Howland • June 9, 2023
  • Lit-up store windows show mannequins wearing apparel, including dresses on the left and jeans and a jacket on the right. The banner name "J.Jill" is above and to each side of the door.
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    Courtesy of J. Jill
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    J. Jill refinances long-term debt, plans new POS

    After warning of potential bankruptcy in 2020, the retailer is now focused on investments to enhance its omnichannel capabilities.

    By Nate Delesline III • June 8, 2023
  • Picture of Victoria's Secret store sign
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    Daphne Howland/Fashion Dive
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    Victoria’s Secret expands Amazon assortment to include apparel, lingerie

    The retailer opened its Amazon storefront last year with 120 beauty products in an effort to stoke sales within the category.

    By Kaarin Vembar • June 6, 2023
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    Ki Price via Getty Images
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    EBay expands Authenticity Guarantee to streetwear

    Items from nine brands including Supreme and Off-White are eligible, with more to be added at the end of September, including Adidas, Nike and Gucci.

    By Xanayra Marin-Lopez • June 2, 2023
  • A shirt tag on the left, with Patagonia brand and size. On the right, a laundry-care tag.
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    Retrieved from Patagonia v Nordstrom, U.S. District Court for the Central District of California Western Division - Los Angeles on May 31, 2023
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    Patagonia sues Nordstrom, claiming counterfeit sales at Rack

    The brand recently stopped selling via the department store and its off-price stores and discovered the alleged fakes this year, per court documents.

    By Daphne Howland • June 1, 2023
  • A man standing on a basketball court near the door wears a Fendi logo jersey, shorts, socks and sneakers, and hods a fendi logo basketball.
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    Courtesy of Fendi
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    Fendi launches men’s basketball-inspired collection

    The limited-edition Fendi Active: Basketball Capsule comes with a $10,000 basketball hoop and a pop-up court at Saks Fifth Avenue in New York.

    By • May 30, 2023
  • Journeys store front
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    "Journeys" by Bentley Mall is licensed under CC BY 1.0 / Edited by https://commons.wikimedia.org/w/index.php?title=User:BentleyMall&action=edit&redlink=1/Fashion Dive
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    Journeys to close 100 stores this year, move away from malls

    The number is up from a previous estimate of 60 locations and will save up to $40 million, according to parent company Genesco.

    By Tatiana Walk-Morris • May 30, 2023
  • A shopper is pictured through the window of a department store, looking through a clothing rack.
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    Joe Raedle/Getty Images via Getty Images
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    Highest earners are holding back their apparel spend: report

    After years of outperformance, consumers earning $150,000 or more per year are spending less on fashion and more on experiences, data from Earnest shows.

    By • May 24, 2023
  • A group of Yeezy shoe products on a beige background.
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    Courtesy of Adidas
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    Adidas to start selling Yeezy products at the end of May

    It’s the first time the products have been up for sale since Adidas broke ties with Kanye West, also known as Ye, in October.

    By Cara Salpini • May 22, 2023
  • A Tetris brand show and the Tetris game box sitting on a white shelf.
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    Permission granted by Catherine Asanov
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    Sponsored by Licensing Expo

    The fashion industry continues to adopt licensing strategies to expand market reach and drive sales

    Experience the fashion revolution at Licensing Expo in Las Vegas this June, where brands expand into new markets and collaborate with iconic brands to captivate a larger audience.

    May 22, 2023
  • EBay corporate building in Berlin
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    Courtesy of EBay
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    EBay acquires tech company Certilogo to boost secondhand fashion authentication

    Certilogo uses digital tech to give consumers access to information about products and confirm their authenticity. 

    By Tatiana Walk-Morris • May 18, 2023
  • A Scotch & Soda storefront in Berlin
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    Courtesy of Scotch & Soda
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    B. Riley acquires equity interest in Scotch & Soda through Bluestar

    The arrangement solidifies financial ties between the financial group and the brand management company, and adds to a growing stable of fashion labels under their control.

    By • Updated May 17, 2023
  • A the interior of a store glows through the front windows, with a sign reading "Bonobos" in white capital letters above.
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    Courtesy of Express, Inc. and WHP Global
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    Deep Dive

    What’s behind Walmart’s DTC selloffs?

    The retail giant has been ditching its e-commerce acquisitions for years to refocus on its core. But it could also mean a fresh start for Eloquii and Bonobos.

    By Dani James • May 17, 2023
  • A person holds up a shirt in front of a ring light for a livestream event.
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    Courtesy of Poshmark
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    Poshmark is a leader in the online fashion resale market: report

    More consumers are comfortable with secondhand clothing even as discretionary spending is down, according to Earnest Analytics.

    By Laurel Deppen • May 15, 2023
  • Danica Taylor holds a Shein bag in front of pink balloons and flowers at a pop-up shop.
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    Shirlaine Forrest via Getty Images
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    Shein Marketplace launches global integrated platform in the US

    The fast fashion e-commerce retailer’s new venture offers local third-party sellers the opportunity to position their products alongside Shein-branded goods.

    By • May 4, 2023
  • Reebok
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    Courtesy of Authentic Brands
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    Farfetch launches European commercial partnership with Reebok

    The new digital platforms are part of a larger plan by Reebok owner Authentic Brands Group to reposition its European e-commerce sites and expand its luxury product offerings.

    By • May 3, 2023
  • The letters spelling out "Nordstrom" in capital letters create shadows on the brick facade of a store.
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    "Nordstrom - Oak Park Mall" by Mike Kalasnik is licensed under CC BY-SA 2.0
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    Nordstrom cuts tech workforce

    The layoffs come weeks after the company named a new chief technology and information officer. 

    By Kaarin Vembar • May 2, 2023
  • A headshot of a smiling person with curly blond hair
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    Courtesy of Francesca's
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    Francesca’s snaps up basics brand Richer Poorer

    Two years out of bankruptcy and under private equity ownership, the mall-based retailer said it’s on the lookout for more acquisitions.

    By Daphne Howland • May 2, 2023