Forever 21 Files for Bankruptcy for Second Time Forever 21, once a powerhouse in the fast-fashion industry, has recently made headlines with its decision to file for bankruptcy for the second time. This move comes as no surprise to industry insiders, as the brand has been struggling to contend with rising costs and increased competition […]
JD.com Sales Rise Most in Years After China Consumers Awaken
JD.com Sales Rise Most in Years After China Consumers Awaken Chinese e-commerce giant JD.com has recently reported a substantial surge in sales, marking its fastest revenue growth in nearly three years. This significant uptick, with a remarkable 13 percent increase in sales for the December quarter, has been attributed to a combination of factors, including […]
BoF Masterclass | The Complete Guide to Communicating Value to Shoppers
BoF Masterclass | The Complete Guide to Communicating Value to Shoppers In the fast-paced and competitive world of retail, effectively communicating value to consumers is essential for brands to stand out and succeed. Understanding how to convey the unique selling points of products, creating compelling imagery that resonates with customers, and providing an exceptional sales […]
Versace Parent Capri Says Turnaround to Take a Year
Versace Parent Capri Says Turnaround to Take a Year Capri Holdings, the parent company of renowned fashion houses Michael Kors, Versace, and Jimmy Choo, has recently announced that it anticipates a year-long turnaround to restore its financial standing. Despite the high expectations surrounding the luxury brands under its umbrella, Capri Holdings foresees fiscal 2025 revenue […]
Dubai’s Qeen.ai secures major investment for AI expansion
Dubai’s Qeen.ai Secures Major Investment for AI Expansion The landscape of online shopping is rapidly evolving, with AI technology playing a pivotal role in revolutionizing the way businesses interact with customers. As e-commerce continues to flourish, companies are increasingly turning to AI-driven assistants to streamline tasks such as marketing, content creation, and customer interactions. At […]
EU plans stricter rules for online platforms selling goods
EU Plans Stricter Rules for Online Platforms Selling Goods The European Union is on the brink of implementing stricter regulations for online platforms that sell goods. These changes, aimed at enhancing consumer protection and ensuring fair competition, could have profound financial and operational implications for the e-commerce companies involved. The proposed rules, part of the […]
Quiksilver, Billabong Retailer Liberated Brands Files Bankruptcy
Quiksilver, Billabong Retailer Liberated Brands Files Bankruptcy Liberated Brands, the parent company of popular surfwear brands Quiksilver and Billabong, has recently made headlines by filing for bankruptcy. The retailer cited shifting consumer preferences towards fast fashion and rising costs as the primary reasons behind its financial struggles. This move marks a significant shift in the […]
EU to Make E-Commerce Platforms Liable for Unsafe Goods
EU to Make E-Commerce Platforms Liable for Unsafe Goods The European Union is taking a significant step forward in consumer protection by proposing to hold e-commerce platforms accountable for unsafe goods sold on their websites. This move is aimed at ensuring that companies such as Temu, Shein, and Amazon, among others, prioritize the safety and […]
The Business of Beauty Haul of Fame: Show, Don’t Smell
The Business of Beauty Haul of Fame: Show, Don’t Smell In a world where online shopping reigns supreme, the way we experience products has undergone a dramatic shift. From clothing to gadgets, the digital realm has transformed the way we browse, choose, and ultimately purchase items. One industry that has been particularly impacted by this […]
Decoding Fashion and Retail Priorities With BoF and Shopify
Decoding Fashion and Retail Priorities With BoF and Shopify Executives and technology leaders from luxury and fashion brands such as Kering, Hermès, Gucci, Fendi, Nordstrom, Tapestry, Savage x Fenty, Versace, and Value Retail recently converged in New York City for an exclusive dinner hosted by Business of Fashion (BoF) and Shopify. The event served as […]