apparel

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
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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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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