Online fashion resale market Poshmark launched a partnership with returns-focused commerce platform Loop. According to a Wednesday (Jan. 8) press release, the collaboration is designed to offer an alternative to what the companies said is a common customer pain point: missing a return window or...
J.P. Morgan Chase reportedly became the sixth bank to quit the climate-focused Net-Zero Banking Alliance (NZBA) since the beginning of December. The banking giant followed Citigroup, Bank of America, Goldman Sachs Group and Wells Fargo, which all left the NZBA in December, and Morgan Stanley,...
Electronics manufacturing giant Foxconn is partnering with artificial intelligence (AI) infrastructure company Zettabyte in a strategic investment aimed at expanding energy-efficient AI computing solutions worldwide. The partnership, announced Monday (Dec. 23), combines Foxconn, the world’s largest electronics manufacturer, with Zettabyte, an AI data center software...
Fast-fashion brand Zara is bringing its secondhand clothing marketplace to the U.S. Zara Pre-Owned, which lets customers sell, donate or repair secondhand clothing, is set to launch in the U.S. by the end of October, parent company Inditex announced in its half-year earnings report Wednesday (Sept. 11). The company first introduced...
March 03, 2025
Generation Z, typically defined as people born between 1997 and 2012, is changing how consumers engage with the health and beauty market, according to PYMNTS data. Unlike older generations, who have traditionally favored in-store shopping for personal care and beauty products, Gen Z is embracing online platforms for health and beauty purchases. This reflects the […]
December 27, 2023
As H&M works to attract a new set of shoppers, while Shein and Zara pick up more market territory in the fast fashion landscape, Mango, the Spanish retailer, is fortifying...
October 12, 2023
The nail salon industry, for the most part, has remained relatively stagnant over the years. When you decide to get your nails done, you’re often faced with a binary choice:...
October 04, 2023
Projections suggest that the resale industry will surge to $53 billion in 2023. Interestingly, prominent players like The RealReal have yet to achieve profitability. While the specific factors contributing to The RealReal’s...
January 08, 2025
Online fashion resale market Poshmark launched a partnership with returns-focused commerce platform Loop. According to a Wednesday (Jan. 8) press release, the collaboration is designed to offer an alternative to what the companies said is a common customer pain point: missing a return window or trying to return a final sale item. “At Poshmark, we […]
January 07, 2025
J.P. Morgan Chase reportedly became the sixth bank to quit the climate-focused Net-Zero Banking Alliance (NZBA) since the beginning of December. The banking giant followed Citigroup, Bank of America, Goldman...
December 26, 2024
Electronics manufacturing giant Foxconn is partnering with artificial intelligence (AI) infrastructure company Zettabyte in a strategic investment aimed at expanding energy-efficient AI computing solutions worldwide. The partnership, announced Monday (Dec....
September 11, 2024
Fast-fashion brand Zara is bringing its secondhand clothing marketplace to the U.S. Zara Pre-Owned, which lets customers sell, donate or repair secondhand clothing, is set to launch in the U.S. by the...