The surging secondhand clothing resale business got a double dose of optimism from two separate reCommerce platforms on Wednesday (May 12), as both Poshmark and ThredUP told investors they were expecting increased sales as the economy continues to reopen in the second quarter and beyond....
Canada Goose, a performance luxury apparel maker, reported that total revenue surged by roughly 48 percent from $140.9 million in Q4 fiscal 2020, reaching $208.8 million in Q4 fiscal 2021. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
YETI reported that net sales jumped by roughly 42 percent to $247.6 million in the three months ended April 3, 2021 from $174.4 million in the three months ended March 28, 2020. Get the Full Story Complete the form to unlock this article and enjoy...
Kroger has launched its Go Fresh & Local Supplier Accelerator, a program to connect Kroger with new American suppliers, the grocery giant announced in a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
In today’s top retail news, Wolverine World Wide said its reported revenue in the first quarter of 2021 climbed by about 16 percent, while the Visa U.S. Spending Momentum Index (SMI) reported a reading of 136 in April 2021. Plus, TikTok is reportedly experimenting with in-app commerce....
After just 20 minutes and a nearly 50 percent gain in its trading debut on the Nasdaq last week, the fortunes of the celebrity-backed The Honest Company started to change. Although the nearly 10-year path that led up to Honest’s IPO had been at least...
While 2020 may have been a washout for the wedding industry, 2021 is seeing a surge in marriages in the aftermath of the pandemic as increasing numbers of couples are in a hurry to get hitched. Get the Full Story Complete the form to unlock...
The Visa U.S. Spending Momentum Index (SMI) reached a reading of 136 in April 2021, indicating that the U.S. economic recovery remains on steady ground. The Visa SMI implies at its present level that 65 percent of consumers are now spending more than they did...
Wolverine World Wide, whose portfolio includes names like Saucony and Merrell, said its reported revenue in the first quarter of 2021 climbed by approximately 16 percent from the prior year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
