apparel

Post-Barbie Collab, Crocs Reports $1.07 Billion in Revenue
Post-Barbie Collab, Crocs Reports $1.07 Billion in Revenue
July 28, 2023  |  Retail

Crocs is in the business of collaborations. It’s a skill many can learn from, as the footwear company reported $1.07 billion in revenue on Thursday...

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Victoria’s Secret to Premiere ‘Re-Imagined Fashion Show’ on Prime Video
Victoria’s Secret to Premiere ‘Re-Imagined Fashion Show’ on Prime Video
July 28, 2023  |  Retail

Victoria’s Secret will present a “re-imagined fashion show” on Amazon’s Prime Video. “The Victoria’s Secret World Tour” will be available to stream on Sept. 26, and a...

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Gap Appoints Mattel Veteran Richard Dickson as President and CEO
Gap Appoints Mattel Veteran Richard Dickson as President and CEO
July 26, 2023  |  Personnel

Specialty apparel company Gap has appointed Mattel veteran Richard Dickson as its president and CEO, effective Aug. 22. Dickson is currently president and chief operating officer at global toy company Mattel,...

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Kim Kardashian’s Skims Captures $4 Billion Valuation
Kim Kardashian’s Skims Captures $4 Billion Valuation
July 20, 2023  |  Retail

Kim Kardashian’s business empire is now worth $4 billion more. The influencer/mogul’s apparel company Skims has been valued at $4 billion following a $270 million funding round,...

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Temu Accuses Rival Shein of ‘Intimidation’ in Federal Lawsuit
Temu Accuses Rival Shein of ‘Intimidation’ in Federal Lawsuit
July 19, 2023  |  Legal & Regulation

The rivalry between two Chinese online retailers spilled over into U.S. federal court. In an antitrust suit filed in Massachusetts last week, Temu accuses fast-fashion...

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Chatbot Adoption Soars as Human Assistance Fades 
Chatbot Adoption Soars as Human Assistance Fades 
July 16, 2023  |  Artificial Intelligence

Unless you’ve been living under a rock, or haven’t been reading your PYMNTS newsletter, you’ve probably noticed that there’s been a massive shift in the way...

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Is Diversifying the Answer? Sean ‘Diddy’ Combs Says No, Launches Curated Marketplace
Is Diversifying the Answer? Sean ‘Diddy’ Combs Says No, Launches Curated Marketplace
July 14, 2023  |  Retail

While there’s been a growing recognition around the mass potential of niche markets, brands and retailers have recently looked to diversify their offerings, hoping to...

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Amazon Uses Prime Day Deals to Drive Traffic to Physical Stores
Amazon Uses Prime Day Deals to Drive Traffic to Physical Stores
July 10, 2023  |  Retail

Amazon is offering Prime Day deals to draw shoppers to brick-and-mortar stores as well as its website. Both leading up to and during Prime Day, which begins Tuesday...

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Levi’s Cuts Prices as Consumers Cut Spending  
Levi’s Cuts Prices as Consumers Cut Spending  
July 10, 2023  |  Retail

The story of consumer cutbacks on discretionary items, like apparel and beauty products, continues. But a new narrative is starting to emerge, as brands and...

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