Retail: Page 14
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Resale fashion search engine launches
Chinese tech company DejaWooo received its first seed investment in 2021 and last week announced the launch of its platform.
By Xanayra Marin-Lopez • March 21, 2023 -
Gucci launches resale and redesign initiatives
The Italian luxury goods brand is deepening its relationship with resale platform Vestiaire, while parent company Kering says it will cut its greenhouse gas emissions 40% by 2035.
By Lara Ewen • March 20, 2023 -
Saks Fifth Avenue stylists to become brand ambassadors for luxury travel company
Luxury consumers are showing a strong interest in travel. A partnership between Saks and Inspirato hopes to leverage that enthusiasm.
By Kaarin Moore • March 15, 2023 -
H&M taps ThredUp for resale program
A “collabs” section allows shoppers to buy pre-owned items from designer collections. The move comes as the retailer works to remake its sustainability image.
By Tatiana Walk-Morris • March 14, 2023 -
More shakeup at Gap Inc. as sales fall, losses mount
The apparel retailer said it’s close to naming a new CEO, but announced the exit of a few executives, including Athleta chief Mary Beth Laughton.
By Daphne Howland • March 10, 2023 -
Nike taps new head of women’s, DEI
Changes on the DTC side of the business will help support its digital-led strategy, the company said.
By Cara Salpini • March 8, 2023 -
Luxury demand strong amid consumer weakness
A few brands are out of favor, while others are making a comeback, as consumers across income levels continue to shop for upscale goods.
By Daphne Howland • Feb. 22, 2023 -
What it takes to be a successful DTC brand in 2023
Direct-to-consumer darlings like Warby Parker and Allbirds helped pave the way for more brands to enter the space. But now, the playbook has changed.
By Caroline Jansen • Feb. 15, 2023 -
Resale dominates National Retail Federation’s ‘Big Show’
Secondhand goods present retailers with a lucrative sales opportunity at an uncertain time for the industry, according to several presenters.
By Daphne Howland • Jan. 19, 2023
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