The retail landscape is undergoing a significant transformation, and the beloved pop-up store, once hailed for its innovative approach and brand engagement, is facing unprecedented challenges. Rising rents and historically low vacancy rates have made it financially burdensome for many emerging brands to establish retail locations, even temporary ones. Amid these changes, forward-thinking companies are […]
Are Big Beauty Brands Greenwashing Worse Than Fashion?
In the competitive realm of beauty, terms like “clean” and “natural” dominate marketing conversations. However, a closer look reveals that beneath the glamorous surface, the beauty industry struggles significantly with transparency. A recent report by Good on You, a sustainability rating platform, highlights alarming trends in the practices of major beauty brands, particularly when it […]
Moose Knuckles Receives Minority Investment From Chinese Down Apparel Giant Bosideng
In a significant move for Canadian outerwear brand Moose Knuckles, the company has attracted a minority investment from Bosideng, China’s largest retailer and manufacturer of down coats. This partnership, announced on October 8, 2024, could provide the Canadian brand with a strategic boost as it looks to expand its footprint in Asia. Although the specific […]
Estée Lauder Companies Names New West Coast Leadership
In a strategic move ahead of significant executive shifts, Estée Lauder Companies (ELC) has announced the appointments of Somer Tejwani and Michelle Shigemasa to key leadership roles for its West Coast brands. These changes are part of a broader restructuring that underscores the company’s commitment to enhancing its brand equity and fostering growth in a […]
Sears Is Looking for Rent Relief on Last-Standing Stores
Once a retail behemoth, Sears is now a fading name in the American retail landscape. With a storied history that began in 1893 as Sears, Roebuck and Co., it dominated the US market for decades by innovating with mail-order catalogs and establishing a vast network through the railroad and postal services. However, in today’s retail […]
The Debrief | How Influencers Make Money
The landscape of influencer marketing has undergone significant transformation over the past decade. While the traditional portrayal of influencers often revolves around perfectly curated selfies from luxurious destinations, the reality is much more complex and strategic. Today, influencers are not merely waiting for brand endorsements; they are actively creating diverse revenue streams through innovative approaches. […]
Gucci Names Stefano Cantino Its New CEO
In a strategic move that highlights both a response to internal challenges and a focus on revitalizing the brand’s identity, Gucci has appointed Stefano Cantino as its new CEO. Cantino, who previously served as deputy chief executive, succeeds Jean-François Palus, who stepped in as interim CEO earlier this year. Stefano Cantino brings with him a […]
Shein’s UK Sales Hit $2 Billion Ahead of Possible London Listing
In a significant leap for the online fashion retailer, Shein’s sales in the UK reached a staggering £1.55 billion (approximately $2 billion) in the past year. This impressive figure reflects a robust 38 percent increase from the previous year, signaling strong customer demand in a competitive market. As reported in a recent filing with the […]
China’s Golden Week Travel Spending Lags Pre-Pandemic Levels
The recent data surrounding China’s National Day Golden Week holiday underscores significant trends in consumer behavior and economic sentiment. While 765 million domestic trips were taken during the week-long holiday, reflecting a year-on-year increase of 5.9%, the overall travel spending reached 700.82 billion yuan, or approximately $99.3 billion, marking a 6.3% rise compared to last […]
Worldview: BRICS International Fashion Federation Launches in Moscow
The global fashion landscape is witnessing significant changes as the newly formed BRICS International Fashion Federation (BRICS IFF) aims to support emerging markets within the fashion industry. Launched during the second edition of the BRICS+ Fashion Summit held in Moscow from October 3-5, 2024, this federation is set to encourage cross-border collaborations among fashion leaders […]