Emerging direct to consumer brands (DTC) are not the only companies entering the world of brick-and-mortar: Birkenstock, whose historical roots date back to the 1700s, recently opened its second retail store in the United States. The Venice Beach, California location follows the opening of the...
In a recently reported data breach, Poshmark said it recently learned that an unauthorized third party acquired data from some users. The fashion marketplace company said the information does not include physical addresses or financial data, according to a web post. Get the Full Story...
To celebrate the 20th anniversary of its first designer partnership, Target is turning to its archives to provide customers with a collection that is limited edition and showcases 20 past design partnerships. There have been over 175 designer partnerships over the past two decades, the...
With product and marketing investments along with an arrangement to acquire musical instrument marketplace Reverb, Etsy reported its second-quarter results while raising its full-year guidance for gross merchandise sales (GMS) and revenue growth. The company reported year-over-year GMS growth of 21.4 percent and revenue growth...
Goop has announced that it is extending its physical goop MRKT Toronto pop-up to digital shoppers in the Canadian market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Microtels (a portmanteau of micro and hotel) are trendy today, but are not exactly a new concept. In many locations outside the U.S. small hotel rooms are the rule, not the exception, and even here in the states the idea has been floating around since...
Fitbit reportedly has cut its revenue forecast, one of the latest bits of news from the hot retail area of wearables. According to Reuters, Fitbit “cut its 2019 revenue forecast on Wednesday (July 31), blaming disappointing sales of its newly launched cheapest smartwatch Versa Lite,...
As the demand for diapers has fallen, the two biggest companies in the market have found a way to raise prices while keeping sales steady. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Members of the Nordstrom family want to boost their stake in the department store chain. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
