The big brand store-in-store partnership trend saw a major new backer Tuesday (Feb. 15) as embattled department store Kohl’s revealed plans to triple its recently launched Sephora venture and expand it to 400 additional locations this year — with another 250 slated to open in...
Fashion brand Louis Vuitton is joining other high-fashion competitors in raising its prices Wednesday (Feb. 16) because of increased manufacturing and transportation costs, a spokesperson for French luxury goods company LVMH in China told Reuters. Get the Full Story Complete the form to unlock this...
In its short six-month life as a public company, outdoor grill maker Weber has faced challenges and investor pressure not seen in its 70-year existence. Hit with rising freight costs and inflation that’s running at generational highs, the suburban Chicago manufacturer’s stock has fallen 35%...
Today in retail, Dickies embraces virtual fitting to great success while Jana Partners slashed its ownership stake in Macy’s after pushing it to separate its eCommerce business from the brick-and-mortar operation. Plus, brands building super apps to meet customers’ desire for increased rewards programs, and...
Activist investment firm Jana Partners reduced its stake in Macy’s by 84% in the final months of last year, soon after imploring the retailer to separate its eCommerce operations from its brick-and-mortar business. Get the Full Story Complete the form to unlock this article and...
Saying “I love you” on Valentine’s Day 2022 is opening hearts and wallets a bit more as everything from flowers to candy to a romantic restaurant is premium priced this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
At a time when consumers are hungry for super apps that consolidate the digital clutter from dozens of different retailers and banks on their devices, brands are also looking to find a simpler way to streamline the loyalty and rewards experience. Get the Full Story...
Fledgling beauty brand Harmay recently completed a pair of fundraising rounds totaling $200 million in investment capital that the company plans to use to expand into new categories and markets, while also building its digital presence, boosting its brand portfolio and increased collaboration with other...
With shares of Affirm shedding roughly 45% late last week and extending a three-month decline that is now approaching 70%, it is difficult to pay attention to anything other than the investor-lead view of the beleaguered buy now, pay later (BNPL) provider. Get the Full...
