apparel

Shein Reportedly Set to File for UK IPO
Shein Reportedly Set to File for UK IPO
June 03, 2024  |  IPO

Shein reportedly plans to file to list on the London Stock Exchange confidentially. The filing from the online fast fashion giant could come in the next few days,...

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Gap: Consumers Demand Fashion That Responds to of-the-Moment Trends
Gap: Consumers Demand Fashion That Responds to of-the-Moment Trends
May 31, 2024  |  Earnings

Consumers expect fashion retailers to meet their preferences as they evolve, Gap noted on its latest earnings call, with the rise of eCommerce speeding up...

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Abercrombie & Fitch: Improved Omnichannel Experience Drives Record Results
Abercrombie & Fitch: Improved Omnichannel Experience Drives Record Results
May 29, 2024  |  Retail

Abercrombie & Fitch reported record first-quarter earnings results Wednesday (May 29), attributing the gains in part to increased marketing spend and an improved omnichannel experience....

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Shoppers’ Demand for Affordability Shapes Target’s Summer Strategy
Shoppers’ Demand for Affordability Shapes Target’s Summer Strategy
May 28, 2024  |  Retail

As consumers’ shopping behavior continues to be highly motivated by prices, Target is tailoring its summer assortment to these deal seekers’ interests. The retail announced...

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Target: Consumers’ Splurges on Experiences Cut Into Discretionary Retail Budgets
Target: Consumers’ Splurges on Experiences Cut Into Discretionary Retail Budgets
May 22, 2024  |  Earnings

As consumers look to balance their desire to treat themselves with ongoing economic concerns, Target is seeing shoppers’ shift to discretionary spending on experiences negatively impact their budgets for nonessential...

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eBay and Rakuten Bet Resale Shoppers Will Flock to Japanese Fashion
eBay and Rakuten Bet Resale Shoppers Will Flock to Japanese Fashion
May 22, 2024  |  Retail

As consumers look for more affordable ways to get unique and/or high-quality apparel, eBay and Rakuten are testing to see if U.S. consumers will jump at the chance to buy secondhand Japanese fashion....

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Poshmark Shoppers Get New Data-Powered Recommendations From Sellers
Poshmark Shoppers Get New Data-Powered Recommendations From Sellers
May 16, 2024  |  Retail

Fashion resale marketplace Poshmark is bringing artificial intelligence (AI) to its community of 130 million people via its Promoted Closet feature, which exited beta status...

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As Consumers Pause Spending in April, Is Summer Slowdown Looming for Merchants?
As Consumers Pause Spending in April, Is Summer Slowdown Looming for Merchants?
May 15, 2024  |  Economy

It remains to be seen if April will be the pause that refreshes or if consumers will pinch their wallets shut for a longer period, ushering in summer doldrums for...

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Fashion Shoppers’ Shift to Digital Sends Physical Retailers Packing
Fashion Shoppers’ Shift to Digital Sends Physical Retailers Packing
May 14, 2024  |  Retail

Consumers are increasingly buying clothing from third-party digital marketplaces, forcing more retailers to close shop. Most recently, Ted Baker’s North American business announced Friday (May 10) that amid...

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