apparel

Rent the Runway’s Revenues Rise as Consumers Embrace Borrowed Fashion
Rent the Runway’s Revenues Rise as Consumers Embrace Borrowed Fashion
December 08, 2022  |  Retail

Rent the Runway achieved record revenue as its bargain-hunting customers sought deals on everyday fashion. The company said its revenue for the quarter rose 31% year-over-year,...

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Stitch Fix Focuses on Retention as Revenues Fall
Stitch Fix Focuses on Retention as Revenues Fall
December 07, 2022  |  Retail

With revenues continuing to slide, Stitch Fix is looking to improve customer retention. The artificial-intelligence-powered personal style site outlined a number of strategies to reverse...

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Rebag Debuts Wallet Feature to Help Break Resale Supply Bottleneck
Rebag Debuts Wallet Feature to Help Break Resale Supply Bottleneck
December 07, 2022  |  Retail

Rebag wants to turn secondhand luxury buyers into sellers and investors to boost its inventory. In announcing its new Wallet feature Wednesday (Dec. 7), the...

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Adidas Puts Best Shoe Forward With Personalized Digital Payments
Adidas Puts Best Shoe Forward With Personalized Digital Payments
December 07, 2022  |  Digital Payments

To flip the Adidas tagline, nothing is impossible when you have great digital payment options. Speaking with PYMNTS as part of the ACI Merchant Series,...

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Vans Parent CEO Departs as Company Predicts Weakening Sales
Vans Parent CEO Departs as Company Predicts Weakening Sales
December 05, 2022  |  Retail

Clothing maker VF Corporation has projected a gloomier 2023 sales outlook, citing waning consumer demand. The Denver company — parent to brands such as Vans,...

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PVH Says Calvin Klein, Tommy Hilfiger Brands Are Q3 ‘Heros’
PVH Says Calvin Klein, Tommy Hilfiger Brands Are Q3 ‘Heros’
December 01, 2022  |  Retail

Apparel giant PVH credits strong consumer connection with its top two brands for Q3 upside surprise. In labeling the pricing power and performance of Calvin...

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Victoria’s Secret Looks to Woo ‘Very Cautious’ Customers With Newness
Victoria’s Secret Looks to Woo ‘Very Cautious’ Customers With Newness
December 01, 2022  |  Retail

Victoria’s Secret is hoping to entice customers with both bargains and innovation as sales drop. Speaking during an earnings call Thursday (Dec. 1), CEO Martin...

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UK’s BooHoo Group Doubles Stake in Revolution Beauty
UK’s BooHoo Group Doubles Stake in Revolution Beauty
November 29, 2022  |  Retail

U.K. fashion retailer Boohoo has doubled its stake in cosmetics brand Revolution Beauty. Boohoo announced the move in a Monday (Nov. 28) news release, saying...

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Report: Lithuanian Apparel Resale Site Vinted Aims for US After Dominating Europe
Report: Lithuanian Apparel Resale Site Vinted Aims for US After Dominating Europe
November 28, 2022  |  Retail

The fastest growing apparel reseller in Europe is looking to bring its game to the U.S. market. This, as Vinted is expanding beyond its base...

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