Lululemon’s Elusive Recovery Prompts Seven Analyst Cuts in a Day Lululemon Athletica Inc., the renowned athletic apparel company, recently faced a significant setback as its shares plummeted to their lowest level since the onset of the pandemic. The catalyst for this downturn was the company’s decision to slash its outlook for both the third quarter […]
The Great Fashion Reset | When Will Luxury Bounce Back?
The Great Fashion Reset | When Will Luxury Bounce Back? The fashion industry has been facing unprecedented challenges in recent times, with the global pandemic sending shockwaves through the luxury market. As the world grapples with persistent economic pressures, key markets like China and the US have been significantly impacted, making it increasingly difficult for […]
US Holiday Spending Set for Steepest Drop Since Pandemic, PwC Survey Shows
US Holiday Spending Set for Steepest Drop Since Pandemic, PwC Survey Shows As the holiday season approaches, there is a notable shift in consumer behavior that is poised to impact retail sales significantly. According to a recent survey by PwC, US holiday spending is projected to experience its sharpest decline since the onset of the […]
The Great Fashion Reset: Can Designer Revamps Save Fashion?
The Great Fashion Reset: Can Designer Revamps Save Fashion? 2020 was a year of unprecedented challenges for the fashion industry. The global pandemic forced brands to rethink their strategies, adapt to rapidly changing consumer behavior, and find new ways to stay relevant in an increasingly digital world. In the wake of these challenges, many luxury […]
Levi’s Says ‘Anti-Americanism’ Linked to Trump Could Dent UK Sales
Levi’s Says ‘Anti-Americanism’ Linked to Trump Could Dent UK Sales In a surprising turn of events, Levi’s, the iconic American denim brand, has recently voiced concerns about the potential impact of ‘rising anti-Americanism’ on its sales in the UK. The company highlighted in its latest UK results filing that the ongoing repercussions of the Trump […]
How Ulta Beauty Is Finding Growth in a Slowdown
Ulta Beauty’s Strategic Turnaround: Navigating a Beauty Slowdown Ulta Beauty, a powerhouse in the beauty retail industry, has been making waves with its strategic turnaround plan dubbed “Ulta Beauty Unleashed.” This initiative comes at a critical time when the beauty sector faced a significant slowdown in the first half of the year. Despite the challenging […]
What Comes After the Fragrance Boom
Navigating the Changing Tides: The Evolution of the Perfume Industry In recent years, the fragrance sector has experienced a remarkable boom, with a myriad of new scents hitting the market and captivating consumers worldwide. However, as with any trend, the fervor surrounding perfumes is showing signs of waning. This shift in consumer sentiment has prompted […]
Ulta Beauty Raises Sales Outlook in Signal of Consumer Strength
Ulta Beauty Raises Sales Outlook in Signal of Consumer Strength Ulta Beauty, a prominent player in the beauty industry, is defying the odds amidst a challenging economic landscape where cash-strapped consumers are carefully allocating their spending towards essential items like groceries. Despite the prevailing circumstances, Ulta Beauty has managed to not only hold its ground […]
JD Sports’ Quarterly Sales Fall on Weak UK but US Shows Improvement
JD Sports’ Quarterly Sales Fall on Weak UK but US Shows Improvement JD Sports, a prominent sports-fashion retail company, has recently reported a steeper decline in second-quarter underlying sales, primarily in the UK. This downturn in the UK market has raised concerns among investors and analysts, pointing towards potential challenges in the region’s retail sector. […]
Is Now the Moment for $160 Lipstick? Louis Vuitton Hopes So
Is Now the Moment for $160 Lipstick? Louis Vuitton Hopes So Louis Vuitton, the iconic fashion house, has recently made a bold move by unveiling its debut cosmetics line, including a $160 lipstick. This decision has sparked a heated debate within the beauty community about the boundaries of pricing in the industry. The question on […]