apparel

Rent the Runway’s Revenues Rise as Consumers Embrace Borrowed Fashion

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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