Building a Male Influencer Brand: Strategies for Success In the realm of fashion startups, a new wave of male creators is making a significant impact. These entrepreneurs are not only cultivating niche audiences but also expanding their influence by establishing retail stores and engaging in strategic collaborations. To build a successful male influencer brand that […]
Shopify Forecasts Quarterly Revenue Above Estimates on Resilient Demand
Shopify Forecasts Quarterly Revenue Above Estimates on Resilient Demand Shopify, the leading e-commerce platform, has recently announced its forecast for quarterly revenue, surpassing initial estimates. This surge in projected revenue comes in the face of prevailing concerns about tariffs and their impact on the retail sector. Despite the looming tariff-related anxiety, Shopify continues to experience […]
Shein and Temu Outpace Global Retail Giants in South Africa’s Fashion Market
Shein and Temu Outpace Global Retail Giants in South Africa’s Fashion Market In recent years, the global fashion market has witnessed a seismic shift towards e-commerce, with online retailers gaining substantial ground over traditional brick-and-mortar stores. Among the key players driving this transformation are Shein and Temu, two China-founded e-tailers that have been making waves […]
ShopMy Doubles Down on Its E-Commerce Ambitions
ShopMy Doubbles Down on Its E-Commerce Ambitions In the realm of e-commerce, where competition is fierce and trends are ever-changing, staying ahead of the curve is crucial for success. ShopMy, the influencer monetization platform, is doing just that by doubling down on its e-commerce ambitions with the launch of a new app and a refreshed […]
Zegna Posts 2.6% Revenue Drop
Zegna Posts 2.6% Revenue Drop Italian luxury fashion house Ermenegildo Zegna Group recently reported a 2.6% decrease in revenue, citing challenges in its wholesale channel and specific brands like Thom Browne, along with a softening in the Chinese market. While the luxury sector has been facing uncertainties and shifts in consumer behavior, these factors have […]
Walgreens Plans to Shutter 14% of US Stores Over Three Years
Walgreens Plans to Shutter 14% of US Stores Over Three Years In a strategic move to enhance efficiency and streamline operations, Walgreens, a prominent drugstore chain, has announced its decision to close down approximately 14% of its stores across the United States over the next three years. The company is set to trim down a […]
Maison Kitsuné Is Closing All Its US Stores
Maison Kitsuné Is Closing All Its US Stores Renowned fashion and music label Maison Kitsuné is making waves once again, but this time it’s not for a new collection or collaboration. The brand has taken a bold step by deciding to close all its physical retail locations across the United States. This move comes as […]
LVMH Fashion and Leather Goods Sales Fall 9 Percent
LVMH Fashion and Leather Goods Sales Fall 9 Percent The luxury fashion industry is facing challenging times as LVMH, the world’s largest luxury group, reported a 9 percent decline in sales for its Fashion and Leather Goods division. This news comes as part of a broader trend, with the group’s overall sales falling by 4 […]
Interparfums Sales Dip Due to US Challenges
Interparfums Sales Dip Due to US Challenges Interparfums, the renowned fragrance manufacturer and distributor, is currently facing a challenging period as its sales in the United States experience a significant dip. The company, known for its extensive portfolio featuring iconic brands like Coach, Lacoste, and Roberto Cavalli perfumes, recently disclosed that its performance in the […]
Mexican Cosmetics Brand Sarelly Sarelly Secures $3 Million Seed Round
Mexican Cosmetics Brand Sarelly Sarelly Secures $3 Million Seed Round Mexican cosmetics brand Sarelly Sarelly has made waves in the beauty industry by securing a significant $3 million seed round. This funding injection is set to propel the startup’s ambitious plans for expansion, particularly in the United States, while also bolstering its retail footprint in […]