apparel

Retailers Hope Virtual Try-Ons, Clothing Rentals Cut Down on Returns

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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JOOR Adding 3D, AR Through Vntana Partnership
JOOR Adding 3D, AR Through Vntana Partnership
November 30, 2021  |  B2B Payments

Wholesale marketplace JOOR is integrating 3D and augmented reality (AR) technology into its platform through its collaboration with eCommerce technology firm Vntana, according to a...

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Gap’s $300M Inventory Stockout Loss Big Red Flag for Retail
Gap’s $300M Inventory Stockout Loss Big Red Flag for Retail
November 24, 2021  |  Retail

Mind the gap, as they say. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Investors Drop $4.6M on Youth Fashion Platform TheDrop
Investors Drop $4.6M on Youth Fashion Platform TheDrop
November 22, 2021  |  Investments

TheDrop.com, a youth lifestyle marketplace platform, has raised $4.6 million through a Series A funding round, bringing the company’s total funding to $8.5 million. Get...

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Brands Bet Big on Sales in the Metaverse
Brands Bet Big on Sales in the Metaverse
November 22, 2021  |  Retail

For decades, consumers have sought the hottest and trendiest apparel items to show off their tastes to the world, and as the metaverse continues to...

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Reliance, Other Indian Conglomerates Invest in Country’s Fashion Houses
Reliance, Other Indian Conglomerates Invest in Country’s Fashion Houses
November 21, 2021  |  Cross-border Payments

Big Indian companies have been buying stakes in homegrown designer brands to scale them up and go more global, BBC writes. Get the Full Story...

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Blackstone Finalizes Majority Investment of SPANX, Inc., Driving Valuation to $1.2B
Blackstone Finalizes Majority Investment of SPANX, Inc., Driving Valuation to $1.2B
November 18, 2021  |  Investments

Global investment firm Blackstone has completed a majority investment in womenswear brand SPANX, Inc., pushing the 21-year-old company’s valuation to $1.2 billion and enticing several...

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