apparel

London FinTech Twig Acquires Used Clothing Marketplace Loopster

London FinTech Twig Acquires Used Clothing Marketplace Loopster
London FinTech Twig Acquires Used Clothing Marketplace Loopster
December 10, 2021  |  Partnerships / Acquisitions

London-headquartered next-generation FinTech and banking app Twig Group acquired secondhand clothing marketplace Loopster for an undisclosed amount. Get the Full Story Complete the form to...

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eBay Makes a Run at StockX With New Emphasis on Sneakers
eBay Makes a Run at StockX With New Emphasis on Sneakers
December 10, 2021  |  Retail

For years, eBay was among the best places online to find collectibles, but as the eCommerce market has grown and other platforms have emerged, its...

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Lululemon Bests Earnings Estimates but Stock Dips After Cut to Mirror Sales Level
Lululemon Bests Earnings Estimates but Stock Dips After Cut to Mirror Sales Level
December 09, 2021  |  Earnings

Lululemon saw its stock fall on Thursday (Dec. 9) after its Q3 earnings as the company cut its sales expectations for its Mirror at-home fitness...

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Brands Bet Limited-Edition Apparel Can Catch Consumers’ Interest
Brands Bet Limited-Edition Apparel Can Catch Consumers’ Interest
December 09, 2021  |  Retail

In the coming weeks, many families who have gathered for the holidays will sit down around the table to play board games such as Scrabble...

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Rent the Runway Eyes Potential Opportunity Beyond Fashion
Rent the Runway Eyes Potential Opportunity Beyond Fashion
December 09, 2021  |  Retail

In the company’s first quarterly report since going public in October, Rent the Runway executives said they see massive opportunities for customer acquisition in the...

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Fashion Platform Rent the Runway Reports Widening Net Loss as Consumers Slow to Return
Fashion Platform Rent the Runway Reports Widening Net Loss as Consumers Slow to Return
December 08, 2021  |  Retail

Fashion rental platform Rent the Runway saw its shares falling over 13% as it posted broader third-quarter losses, CNBC reported Wednesday (Dec. 8). Get the...

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Stitch Fix Shifts Strategy to Focus on Direct Purchases With Freestyle Offering
Stitch Fix Shifts Strategy to Focus on Direct Purchases With Freestyle Offering
December 08, 2021  |  Retail

Stitch Fix executives assured investors and analysts Tuesday (Dec. 7) that recent investments in the business that have led to losses on the balance sheet...

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Retailers Hope Virtual Try-Ons, Clothing Rentals Cut Down on Returns
Retailers Hope Virtual Try-Ons, Clothing Rentals Cut Down on Returns
December 07, 2021  |  Retail

With the holiday shopping season upon us and Christmas just over two weeks away, retailers are gearing up for another annual consumer event: return season,...

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Direct-to-Consumer Brands Become Platforms as They Expand Beyond Core Products
Direct-to-Consumer Brands Become Platforms as They Expand Beyond Core Products
December 02, 2021  |  Retail

When someone mentions “Warby Parker,” the likely first thought is “glasses.” Likewise, when “Allbirds” or “ThirdLove,” the first thought is probably “sneakers” or “bras,” respectively....

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