AI Shopping Platform Daydream Launches in the US A new player has entered the online shopping arena in the United States, and it’s not your typical e-commerce platform. Daydream, co-founded by Julie Bornstein, is set to revolutionize the way we shop online by harnessing the power of artificial intelligence. With the capabilities of large language […]
Chinese Makeup Brands Are Winning Over Global Consumers
Chinese Makeup Brands Are Winning Over Global Consumers In the ever-changing landscape of the beauty industry, Chinese makeup brands have been making waves and capturing the attention of global consumers. With the potential TikTok ban looming in the US, brands like Judydoll and Florasis have seized the opportunity to expand their reach and appeal to […]
Exclusive: Skims’ Plan for Global Domination
Exclusive: Skims’ Plan for Global Domination Kim Kardashian’s shapewear brand, Skims, is gearing up for an unprecedented expansion into new markets across the United States and around the world. CEO Jens Grede recently sat down with The Business of Fashion to discuss the brand’s ambitious vision of becoming “the Apple store of apparel.” With its […]
River Island Plans to Close 33 Stores, Putting Hundreds of Jobs at Risk
River Island Plans to Close 33 Stores, Putting Hundreds of Jobs at Risk British fashion retailer River Island has recently announced its decision to close 33 stores, a move that could potentially put hundreds of jobs at risk. The company’s CEO, Ben Lewis, stated that despite the closures, they would strive to minimize job losses […]
Temu US Sales Plunge 25% Amid Tariff Barrage
Temu US Sales Plunge 25% Amid Tariff Barrage In the competitive landscape of retail, companies are constantly battling challenges to maintain their market share and profitability. Recent reports have shown that Temu, a prominent player in the fashion industry, is facing a significant hurdle as its US sales have plummeted by a staggering 25%. This […]
Swiss Watch Exports Slump in May as US Tariffs Shake Market
Swiss Watch Exports Experience a Downturn in May Amidst US Tariffs Turmoil Switzerland, renowned for its precision and luxury in watchmaking, has recently faced a significant setback in its watch export industry. The latest reports reveal a slump in Swiss watch exports in May, with a notable decline in shipments to the United States, the […]
US Retail Sales Post Biggest Drop in Four Months
US Retail Sales Experience Significant Drop in May, With Silver Lining in Clothing Sector The recent report on US retail sales for the month of May has left economists and analysts pondering over the state of the economy. The figures show a decline in retail sales, marking the biggest drop in four months. This unexpected […]
Worldview | Shein Redirects Listing Plans to Hong Kong
Shein Shifts Listing Plans to Hong Kong Amid Global Market News In the ever-changing landscape of global fashion markets, strategic decisions can make or break a brand’s trajectory. This week, all eyes are on Shein as the fast-fashion giant redirects its listing plans to Hong Kong, a move that has sparked discussions and speculation within […]
Exclusive: Bata Group Names Panos Mytaros as New CEO
Exclusive: Bata Group Names Panos Mytaros as New CEO In the fast-paced world of footwear, leadership changes can make or break a company’s trajectory. Recently, the Bata Group made a strategic move by appointing Panos Mytaros as its new CEO, succeeding Sandeep Kataria. This decision marks a significant shift in the company’s direction and opens […]
Dispatch From Napa: Speaking to the Heart and Soul of the Beauty Industry
Dispatch From Napa: Speaking to the Heart and Soul of the Beauty Industry The Business of Beauty Global Forum 2025 recently took place in Napa, drawing in a diverse array of guests from 17 countries. Beyond the usual discussions about running a successful beauty business, this year’s forum took a different approach, focusing on creating […]