An increase in social events and travel and the rise of more casual workplaces spelled good news this quarter for Oxford Industries, parent company of lifestyle brands Tommy Bahama and Lilly Pulitzer. According to an earnings release, Oxford saw sales for both brands increase in...
Today in data, workers’ favorite lunchtime spots are dishing out servings of “lunch-flation” two years after the start of the COVID-19 pandemic. Plus, Ollie’s Bargain Outlet expects to benefit from consumers’ “trade down effect” as gas prices and inflation continue to stretch every dollar, and...
Today in retail, Oxford Industries’ CEO said consumers are willing to pay full price when they find a brand that makes them happy, while Instacart is creating micro-fulfillment warehouses for instant deliveries. Plus, Movado Group announced a 15.5% net sales growth in its fiscal 2022...
At a time when news about inflation and cost-consciousness seems inescapable, it is notable to hear a retailer speak of consumers’ willingness to pay full price for things that make them happy. “Each of our happy, upbeat lifestyle brands, Tommy Bahama, Lilly Pulitzer, Southern Tide,...
June 09, 2022
An increase in social events and travel and the rise of more casual workplaces spelled good news this quarter for Oxford Industries, parent company of lifestyle brands Tommy Bahama and Lilly Pulitzer. According to an earnings release, Oxford saw sales for both brands increase in the first quarter of 2022 after what it called a […]
March 24, 2022
Today in retail, Oxford Industries’ CEO said consumers are willing to pay full price when they find a brand that makes them happy, while Instacart is creating micro-fulfillment warehouses for...
