apparel

Apparel and Beauty Retailers Slash Prices in Response to Disappointing Earnings
Apparel and Beauty Retailers Slash Prices in Response to Disappointing Earnings
June 13, 2023  |  Retail

It has been another rough quarter for nearly all merchants and retailers, but especially for businesses whose main sales center around nonessential items. Target’s much-anticipated quarterly...

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Nike Reverses Course to Reestablish Wholesale Partnerships and Expand Retail Presence
Nike Reverses Course to Reestablish Wholesale Partnerships and Expand Retail Presence
June 13, 2023  |  Retail

Nike has been steadfast in its commitment to direct-to-consumer (D2C) efforts since 2017, which led to a reduction in its retail partnerships. However, the sportswear...

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Stitch Fix Looks to Exit UK and Cut Back US Distribution
Stitch Fix Looks to Exit UK and Cut Back US Distribution
June 07, 2023  |  Retail

Stitch Fix is considering withdrawing from the British market as it rethinks its business. The online personal styling service said in an earnings announcement Tuesday (June 6) that...

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How to Rent Your Summer Wardrobe
How to Rent Your Summer Wardrobe
June 03, 2023  |  Retail

If you can sell your clothes, why can’t you also rent out your clothes? By Rotation, a U.K.-based app, is looking embrace the mindset of...

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eBay Deepens Luxury Push With Streetwear Authentication
eBay Deepens Luxury Push With Streetwear Authentication
June 01, 2023  |  Retail

eBay has begun authenticating streetwear as part of its push into the luxury market. Beginning Thursday (June 1), the online marketplace will include streetwear along...

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Abercrombie Transforms Controversy Into Profits 
Abercrombie Transforms Controversy Into Profits 
May 31, 2023  |  Retail

Abercrombie & Fitch has made significant strides since its days of provocative advertising campaigns that showcased young shirtless male models, turning the brand into a...

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ASOS and Hirestreet Team to Offer ‘Wear-it-Once’ Rentals
ASOS and Hirestreet Team to Offer ‘Wear-it-Once’ Rentals
May 23, 2023  |  Retail

With consumers focused on sustainability, British fashion retailer ASOS has launched a clothing rental program. The company on Tuesday (May 23) announced a partnership with...

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Lululemon Adds Textile Recycling to Its Circularity Initiatives
Lululemon Adds Textile Recycling to Its Circularity Initiatives
May 19, 2023  |  Retail

Lululemon has made a minority investment in Australian recycling company Samsara Eco. The companies will collaborate to make recycled nylon and polyester from the apparel waste generated while producing...

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Report: Shein Raises $2 Billion but Slashes Valuation by 1/3
Report: Shein Raises $2 Billion but Slashes Valuation by 1/3
May 17, 2023  |  Retail

Shein’s latest funding round has reportedly lowered its $100 billion valuation by a third. The online-only fashion retailer raised $2 billion in the most recent...

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