Retailers JCPenney and SPARC Group have combined to form a new apparel-focused organization called Catalyst Brands. The new organization brings together SPARC Group’s five brands — Aéropostale, Brooks Brothers, Eddie Bauer, Lucky Brand and Nautica — and JCPenney and its private brands like Stafford, Arizona...
Nike’s journey back to profitability, spearheaded by a reinvigorated leadership team, marks a pivotal moment in the company’s storied history. With a new CEO at the helm, Nike is focusing on three core areas — product, brand and marketplace — as it seeks to return...
The luxury fashion world’s loss has been The RealReal’s gain this year. As The Wall Street Journal (WSJ) reported Thursday (Dec. 19), sales for the luxury resale website have grown for three quarters in a row as shoppers seek secondhand prices for first-class goods from the likes of Gucci...
Will Macy’s Bold New Chapter strategy be enough to save the iconic company and return it to profitable growth? Macy’s is facing a challenging period marked by declining sales, changing consumer habits and pressure from activist investors calling for a fiscal overhaul. In recent years,...
December 11, 2024
Will Macy’s Bold New Chapter strategy be enough to save the iconic company and return it to profitable growth? Macy’s is facing a challenging period marked by declining sales, changing consumer habits and pressure from activist investors calling for a fiscal overhaul. In recent years, the company has dealt with falling revenue and a drop […]
April 10, 2024
In the latest edition of “The Paycheck-to-Paycheck Report: High-Income Consumers Lead Surprising New Data on Side Hustles,” PYMNTS Intelligence explored a variety of methods U.S. consumers pursue to pick up...
January 16, 2024
Is it a case of normalization, inflation, or simply a need for brands and retailers to put in extra effort to connect with consumers, particularly those who could become lifelong...
January 10, 2024
Once seen as a symbol of luxury and style, True Religion soared to fame in the early 2000s with its unique horseshoe logo and fancy stitching on back pockets. Loved...
January 10, 2025
Amazon will shut down its “Prime Try Before You Buy” service on Jan. 31, according to a notice on the company’s website. The Information reported the ending of the service Friday (Jan. 10), saying Amazon launched the service in 2017, allowing Prime members to order clothing, try it on and decide whether to keep it before being charged […]
January 09, 2025
Retailers JCPenney and SPARC Group have combined to form a new apparel-focused organization called Catalyst Brands. The new organization brings together SPARC Group’s five brands — Aéropostale, Brooks Brothers, Eddie...
December 19, 2024
The luxury fashion world’s loss has been The RealReal’s gain this year. As The Wall Street Journal (WSJ) reported Thursday (Dec. 19), sales for the luxury resale website have grown for three quarters in...
November 22, 2024
Gap Inc. is refining both its digital and in-store channels as it works to reinvigorate its apparel brands. The parent company of Old Navy, Gap, Banana Republic and Athleta said this Thursday (Nov. 21)...
