How Walmart’s partnership with Unspun is reshaping apparel retailing
Walmart has revealed a relationship with fashion tech firm Unspun which aims to reduce the environmental impact of garment manufacturing. Unspun, a Hong Kong and California-based fashion tech startup...
View ArticleBuckle’s net income declines amid lower sales
Apparel retailer Buckle’s income declined amid lower revenue in the first quarter ended May 4. Net income fell 18.8 per cent year over year to $34.8 million while sales plummeted 7.2 per cent to...
View ArticleKate Spade CEO: “The power of TikTok for product discovery is incredible”
Liz Fraser is the brand president and CEO of Kate Spade New York and has had an extensive career in designer fashion. Here, she explains how being “an emotional brand” creates “magic” in Kate Spade...
View ArticleBridal designer Hayley Paige recovers brand from collapsed JLM Couture
Bridal designer Hayley Paige has acquired her namesake brand from multi-label wedding gown company JLM Couture following the latter’s Chapter 11 filing last year. Paige has signed an agreement with...
View ArticleCapri in the red amid ‘disappointing’ revenue decline
Capri has posted declines on both its top and bottom lines for the fourth quarter, making it one of the main underperformers in the premium space, according to an analyst. The company’s total revenue...
View ArticleBehind Abercrombie & Fitch Co’s record results lies a decade-long reinvention
On Wednesday, Abercrombie & Fitch Co reported a 22.1 per cent year-over-year increase in net sales in Q1, to just over $1 billion, marking the best first quarter in the company’s history. Net...
View ArticleAmerican Eagle Outfitters’ net income surges 267 per cent
American Eagle Outfitters (AEO) beats expectations with net income surging 267.2 per cent year over year to $67.8 million in the first quarter. The company’s operating income soared 240.9 per cent to...
View ArticleAbercrombie & Fitch posts ‘extraordinary’ quarter as transformation pays off
Abercrombie & Fitch has posted its best first-quarter sales in its history with double-digit year-on-year growth, largely thanks to the company’s transformation strategy. Net sales for the three...
View ArticlePininfarina Hybrid Smartwatches by Globics appoints NA distributor
Pininfarina Hybrid Smartwatches by Globics has selected The Perennial Group as its North American distributor for its first collection, Senso, which was introduced last year. According to the brand,...
View ArticleJapan influences Reebok’s positioning as the “leading irreverent sports brand”
“Reebok sort of stagnated in the late ’90s,” Joe Foster, Reebok’s founder, previously told Inside Retail, but clever collaborations and an irreverent business strategy are priming the brand for its...
View ArticleHow Halara uses machine learning to make just the right amount of activewear
Halara is a fast-growing athleisure and lifestyle brand founded in October 2020 by Joyce Zhang, a technologist who previously led algorithmic projects at tech-centered companies like Microsoft and...
View ArticleGap Inc’s sales growth picks up pace amid ongoing reinvention
Gap Inc has reported another quarter of positive sales growth which an analyst said reflects the early impact of the business’s recovery program. The company’s net sales for the first quarter ended...
View Article‘Dismal’: Kohl’s results reflect a company in freefall
The latest Kohl’s results are dismal, and they show a company that remains in freefall at a time when most other retailers are at least maintaining their elevation. A 5.3 per cent decline in overall...
View ArticleShein set to launch $64 billion London IPO prospectus
Online fashion firm Shein is preparing to file a prospectus with Britain’s Financial Conduct Authority for approval ahead of a potential London float which could value it around US$63.70 billion, Sky...
View ArticleHow niche fandoms power Levi’s most successful collabs
The inventor of the blue jeans, Levi Strauss & Co, is leaning into collaboration to drip brand heat throughout the year. “Which brand can say that they’re the inventor of the blue jean,” Nuholt...
View ArticleBanana Republic sets the tone of its next chapter with a renovated SoHo store
Banana Republic has unveiled its revitalized New York City flagship store in the heart of SoHo’s Cast Iron Historic District. After a months-long renovation, the store is designed to be a cultural...
View ArticleZara’s live shopping shows are a big hit in China. Can it do the same in the US?
Zara will expand its live shopping broadcasts to the UK, Europe and the United States this year, testing a format that is already wildly popular in China but one with which Western shoppers are less...
View ArticleAnn Taylor plots category expansion after sealing IMG partnership
KnitWell has struck a licensing deal with IMG to represent Ann Taylor in the US, allowing the womenswear label to enter new categories and distribution channels. The partnership aims to increase the...
View ArticleCaroline Brown leaves VF board to be global president of The North Face
Lifestyle apparel retailer VF Corporation has named Caroline Brown as its new global brand president of The North Face, effective on June 10. Brown, who succeeds Nicole Otto, will resign from the VF...
View ArticleAfter 14 years, Children’s Place CEO Jane Elfers bows out
Jane Elfers, CEO at the Children’s Place for the past 14 years, has resigned. The board of directors has initiated a search for a permanent CEO but in the meantime, Muhammad Umair will serve as...
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