Retail: Page 9
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Vestiaire Collective names new head of global communications
Lauren Picciano comes to the luxury reseller after spending more than 15 years working in public relations for Saks, Bergdorf Goodman, Hearst and La Perla.
By Lara Ewen • Oct. 2, 2023 -
Sycamore to buy Chico’s for $1B
The agreement strikes a deal that eluded the private equity firm four years ago, despite repeated attempts then to acquire the women’s apparel retailer.
By Daphne Howland • Sept. 28, 2023 -
Authentic partners with Liberated Brands for Boardriders portfolio
The company named Liberated Brands as its partner for retail and e-commerce operations of Quiksilver, Billabong and more.
By Laurel Deppen • Sept. 28, 2023 -
Consumers plan to spend more on luxury: report
Feeling more optimistic about the economy, luxury consumers are booking travel and opening their wallets.
By Lauren Schenkman • Sept. 28, 2023 -
Ralph Lauren expanding Canada presence with retail, e-commerce
The company plans to add more stores in the country in the coming years to increase value in North America.
By Laurel Deppen • Sept. 27, 2023 -
Rebag introduces consignment option for its luxury resale
The online peer-to-peer platform will offer customers upfront quotes, fixed commissions and pre-approved, automatic deposit payments.
By Lara Ewen • Sept. 25, 2023 -
Savage X Fenty debuts soccer-inspired collection
The brand — which was founded by Rihanna — launched limited-edition League products including themed jerseys, joggers and more.
By Dani James • Sept. 25, 2023 -
Luxury brands in the US driven by retail expansion: report
More than half of new luxury stores opened in New York and California, and close to 40% of new store leases for key brands nationwide were in high-end malls.
By Howard Ruben • Sept. 25, 2023 -
Willy Chavarria and Pacsun release tee and hoodie collab
A portion of the proceeds from the 12-piece collection will go to support Fresno Barrios Unidos, a California-based youth nonprofit organization.
By Lara Ewen • Sept. 22, 2023 -
Shein discloses UK revenue of $1.38B, boosting its market share in the region
Industry analysts expect the fast fashion giant to rank in the top 10 of apparel retailers in the U.K. this year.
By Laurel Deppen • Sept. 21, 2023 -
H&M will expand return fees for online orders
The fast-fashion retailer has begun charging customers in the U.S., U.K. and most of Europe, unless they belong to its free loyalty program.
By Daphne Howland • Sept. 20, 2023 -
Stitch Fix cost cuts pay off as Q4, full-year losses narrow
But sales declines continue, and the apparel box retailer has decided to shutter its U.K. operation by the end of its first quarter.
By Daphne Howland • Sept. 20, 2023 -
Land’s End interim takes permanent CFO seat
Bernard McCracken is the latest chief accounting officer to be promoted to a public company’s top finance role.
By Maura Webber Sadovi • Sept. 19, 2023 -
Nordstrom shuffles leadership, again
Among a flurry of appointments, the retailer announced a new chief merchant, Rack president and president of Nordstrom stores.
By Kaarin Moore • Sept. 15, 2023 -
Ebay introduces luxury consignment
The online marketplace will initially limit the program to a select list of designer handbags and will partner with resale company Linda’s Stuff for the service.
By Howard Ruben • Sept. 14, 2023 -
Macy’s taps international department store veteran as Bloomingdale’s CEO
Olivier Bron, with stints at Central and Robinson Department Stores in Thailand and Galeries Lafayette in Paris, replaces longtime chief Tony Spring.
By Daphne Howland • Sept. 12, 2023 -
Fabletics, Khloé Kardashian collaborate on activewear
The first of the two-part collection includes bras, leggings, onesies, jackets and hoodies, with available sizes ranging from XXS to 4X.
By Howard Ruben • Sept. 11, 2023 -
Early back-to-school fashion purchases favored lower-priced brands and discounters
Mid-tier and high-end department stores and apparel subscriptions saw double-digit spending drops, which may signal that consumers are feeling economic and inflationary pressures.
By Howard Ruben • Sept. 8, 2023 -
Express CEO Tim Baxter resigns
Stewart Glendinning, who comes to the retailer from Tyson Foods, has been appointed to the chief executive role.
By Kaarin Moore • Sept. 8, 2023 -
Forever 21 and Barneys New York partner on capsule collection
The 32-piece limited-edition line will be sold through Forever 21 stores, its e-commerce site and its app.
By Lara Ewen • Sept. 7, 2023 -
H&M enters long-term partnership with designer Heron Preston
The collaboration will launch a new platform called H2, which will include special collections, plus sustainability and education initiatives.
By Laurel Deppen • Sept. 6, 2023 -
Express Inc. leans on cost cuts as sales, profits plummet
The apparel conglomerate is facing consumer demand for promotional pricing and has had to correct some fashion misses at its namesake.
By Daphne Howland • Sept. 6, 2023 -
Despite economy, consumers still splurge on apparel: report
Brands can convince consumers to spend even during tough financial times by appealing to their emotions.
By Lauren Schenkman • Sept. 5, 2023 -
Lululemon increases store opening plans as sales climb 18%
While many in the industry have warned of challenges, the athletics retailer continued to outperform, recording double-digit profit growth.
By Cara Salpini • Sept. 1, 2023 -
Authentic Brands Group closes Boardriders deal
Though Authentic didn’t disclose financial terms, a spokesperson said the deal brings the company’s retail sales to more than $29 billion worldwide.
By Laurel Deppen • Sept. 1, 2023