Puig’s CEO Knows How Brands Can Cut Through the Noise In a world where the digital landscape reigns supreme, the realm of prestige beauty often finds itself at odds with the need for instant impact and short-term virality. How does one navigate these turbulent waters while maintaining an air of sophistication and exclusivity? Marc Puig, […]
Amazon Prime Day Set to Lift US Online Sales to $23.8 Billion, Adobe Estimates
Amazon Prime Day Set to Lift US Online Sales to $23.8 Billion, Adobe Estimates Amazon Prime Day is just around the corner, and the anticipation is building as e-commerce giant Amazon gears up for its annual sales event. According to Adobe Analytics, online sales in the United States from July 8 to 11 are projected […]
AI Shopping Is Here. Will Retailers Get Left Behind?
AI Shopping Is Here. Will Retailers Get Left Behind? Artificial Intelligence (AI) has revolutionized the way we shop. With the rise of AI-powered tools and technologies, shopping has become more personalized, efficient, and convenient. From virtual assistants to recommendation systems, AI is reshaping the retail industry. However, as AI continues to advance, retailers are facing […]
How Lululemon’s Anti-Dupe Lawsuit Became Free Marketing for Costco
How Lululemon’s Anti-Dupe Lawsuit Became Free Marketing for Costco In the world of retail, the battle between authenticity and affordability is a constant one. Lululemon, the renowned athletic apparel brand, found itself embroiled in this very struggle when it filed a lawsuit against Costco over alleged trademark infringement. However, what seemed like a straightforward legal […]
Japan’s Department Store Shares Lag as Tourist Splurge Slows
Japan’s Department Store Shares Lag as Tourist Splurge Slows The once-thriving landscape of Japan’s department stores is facing a significant downturn as the usual influx of tourist spending dwindles. The country, known for its bustling retail hubs and luxury shopping experiences, is now grappling with a sharp decline in tax-free sales at department stores nationwide. […]
Kim Kardashian’s Skims Hires First Chief Commercial Officer
Kim Kardashian’s Skims Hires First Chief Commercial Officer Kim Kardashian’s shapewear, intimates, and loungewear brand, Skims, continues to make waves in the fashion industry as it announces the appointment of Robert Norton as its first Chief Commercial Officer. This strategic move showcases the brand’s commitment to growth and market expansion. With Norton’s extensive experience, particularly […]
Supreme Revenue Declined in Financial Year Ended March 2023
Supreme Revenue Declined in Financial Year Ended March 2023 Supreme, the iconic New York-based streetwear brand, has long been a powerhouse in the fashion industry, known for its exclusive drops, collaborations, and cult following. However, recent financial reports have revealed a decline in revenue for the year ended March 2023. According to VF Corp’s annual […]
How Nike Ran Off Course
How Nike Lost Its Stride: A Look at the Factors Behind the Brand’s Recent Slump Nike, the iconic sportswear giant, is currently facing its toughest challenge in over a decade. While its competitors are thriving and setting new trends in the industry, Nike seems to have lost its stride. The brand that was once synonymous […]
How Investors Fell Back in Love With Fashion Tech
Investors are Falling Back in Love with Fashion Tech In the ever-evolving landscape of technology and innovation, one industry that is currently in the spotlight is fashion tech. With the rise of AI and the increasing influence of Silicon Valley, investors are once again turning their attention to startups that are set to revolutionize how […]
Nike Fourth-Quarter Sales Fall by Less Than Expected
Nike Fourth-Quarter Sales Fall by Less Than Expected Nike, the global sportswear giant, recently announced that its fourth-quarter sales fell by less than expected. Despite the decline, CEO Elliott Hill expressed optimism, stating that the company is making progress in its turnaround effort. However, he also acknowledged that a full return to growth will require […]