Retail: Page 18

  • EBay corporate building in Berlin
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    Courtesy of EBay
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    EBay acquires tech company Certilogo to boost secondhand fashion authentication

    Certilogo uses digital tech to give consumers access to information about products and confirm their authenticity. 

    By Tatiana Walk-Morris • May 18, 2023
  • A Scotch & Soda storefront in Berlin
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    Courtesy of Scotch & Soda
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    B. Riley acquires equity interest in Scotch & Soda through Bluestar

    The arrangement solidifies financial ties between the financial group and the brand management company, and adds to a growing stable of fashion labels under their control.

    By • Updated May 17, 2023
  • A the interior of a store glows through the front windows, with a sign reading "Bonobos" in white capital letters above.
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    Courtesy of Express, Inc. and WHP Global
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    Deep Dive

    What’s behind Walmart’s DTC selloffs?

    The retail giant has been ditching its e-commerce acquisitions for years to refocus on its core. But it could also mean a fresh start for Eloquii and Bonobos.

    By Dani James • May 17, 2023
  • A person holds up a shirt in front of a ring light for a livestream event.
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    Courtesy of Poshmark
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    Poshmark is a leader in the online fashion resale market: report

    More consumers are comfortable with secondhand clothing even as discretionary spending is down, according to Earnest Analytics.

    By Laurel Deppen • May 15, 2023
  • Danica Taylor holds a Shein bag in front of pink balloons and flowers at a pop-up shop.
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    Shirlaine Forrest via Getty Images
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    Shein Marketplace launches global integrated platform in the US

    The fast fashion e-commerce retailer’s new venture offers local third-party sellers the opportunity to position their products alongside Shein-branded goods.

    By • May 4, 2023
  • Reebok
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    Courtesy of Authentic Brands
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    Farfetch launches European commercial partnership with Reebok

    The new digital platforms are part of a larger plan by Reebok owner Authentic Brands Group to reposition its European e-commerce sites and expand its luxury product offerings.

    By • May 3, 2023
  • The letters spelling out "Nordstrom" in capital letters create shadows on the brick facade of a store.
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    "Nordstrom - Oak Park Mall" by Mike Kalasnik is licensed under CC BY-SA 2.0
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    Nordstrom cuts tech workforce

    The layoffs come weeks after the company named a new chief technology and information officer. 

    By Kaarin Moore • May 2, 2023
  • A headshot of a smiling person with curly blond hair
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    Courtesy of Francesca's
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    Francesca’s snaps up basics brand Richer Poorer

    Two years out of bankruptcy and under private equity ownership, the mall-based retailer said it’s on the lookout for more acquisitions.

    By Daphne Howland • May 2, 2023
  • Exterior of a Gap store
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    Daphne Howland/Fashion Dive
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    Gap lays off 1,800 employees amid major restructuring

    The massive downsizing is part of an effort to peel away management layers and slash expenses.

    By Daphne Howland • April 27, 2023
  • A store window, with a blue square square above that says "GAP" in white capital letters.
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    Daphne Howland/Fashion Dive
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    Gap Inc. says more layoffs to come

    The further workforce reduction comes amid a search for a permanent CEO and sales declines across all the conglomerate’s brands.

    By Daphne Howland • April 25, 2023
  • David's Bridal sign outside of a store.
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    Kaarin Vembar/Fashion Dive
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    David’s Bridal owes $27.5M to vendors as it navigates bankruptcy

    The wedding apparel retailer owes millions to the joint venture that procures the bulk of its merchandise outside North America.

    By Ben Unglesbee • April 20, 2023
  • A wedding attire shop with the words "David's Bridal" in red letters.
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    "David's Bridal Coral Gables" by Phillip Pessar is licensed under CC BY 2.0
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    David’s Bridal is prepared to liquidate if it can’t find a buyer

    Even if the retailer does stay in business under new ownership, it’s likely to shrink its fleet of nearly 300 stores.

    By Daphne Howland • April 18, 2023
  • Four anoraks, (brown, green, blue and navy) hang on a black rack. their collars and the background are cream-colored.
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    Courtesy of J. Crew
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    Deep Dive

    Resale’s big secret? It may need stores

    To join the secondhand market boom, many apparel retailers and brands have turned to third-party platforms that struggle to sustain a profit.

    By Daphne Howland • April 17, 2023
  • American Eagle's RE/AE virtual clothing store within Snapchat
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    Retrieved from American Eagle on April 14, 2023
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    American Eagle brings secondhand clothing shop to Snapchat

    The augmented reality experience is part of the retailer’s new RE/AE digital shop and clothing collection curated with online resale platform ThredUp.

    By Jessica Deyo • April 17, 2023
  • ThredUp warehouse, packaging.
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    Courtesy of ThredUp
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    American Eagle jumps into secondhand sales via ThredUp

    The retailer is the latest to sign onto the used-apparel site’s quickly expanding resale platform.

    By Daphne Howland • April 11, 2023
  • Interior of a Golden Goose store
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    Courtesy of Golden Goose
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    Golden Goose hits 500M euros in revenue in 2022

    The sneaker brand said that direct-to-consumer sales now account for 70% of the company’s total revenue.

    By Howard Ruben • April 10, 2023
  • The mall entrance of a brightly light "Forever 21" store.
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    "Forever 21" by Mike Mozart is licensed under CC BY 2.0
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    Forever 21, Nine West collaboration targets multiple generations

    The Y2K-inspired collection brings together two brands from the Authentic Brands Group stable.

    By • April 6, 2023
  • Two ThredUp boxes sitting on top of each other on a bed, with a teal sweater next to them.
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    Courtesy of ThredUp
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    ThredUp: US resale market projected to reach $70B by 2027

    That’s down from the company’s estimates last year, which expected the market to reach $82 billion by 2026.

    By Tatiana Walk-Morris • April 5, 2023
  • A bright red facade features a cut-out of the word "Express" at a mall store entrance.
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    Daphne Howland/Fashion Dive
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    Express faces NYSE delisting

    The apparel retailer may enact a reverse stock split — subject to board and stockholder approval — in order to reach compliance. 

    By Kaarin Moore • April 3, 2023
  • J. Crew sign outside of a store.
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    "J. Crew, Manchester, CT" by Mike Mozart is licensed under CC BY 2.0
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    J. Crew undergoes layoffs

    The apparel retailer has “made decisions to support efficiency and long-term growth,” according to a company spokesperson. 

    By Kaarin Moore • March 28, 2023
  • Models in jeans and black cutout bodysuits stare menacingly at the camera
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    Courtesy of H&M
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    H&M announces May 11 release date for Mugler collaboration

    The new collection, designed by creative director Casey Cadwallader, will feature the brand’s signature nonbinary style.

    By • March 24, 2023
  • David's Bridal sign outside of a store.
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    Kaarin Vembar/Fashion Dive
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    David’s Bridal releases wedding gown collection made partly from recycled fibers

    The company said it wants to appeal to consumers who are looking for more sustainable options for big purchases.

    By Natalie Schwartz • March 23, 2023
  • DejaWooo search engine
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    Courtesy of DejaWooo
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    Resale fashion search engine launches

    Chinese tech company DejaWooo received its first seed investment in 2021 and last week announced the launch of its platform.

    By Xanayra Marin-Lopez • March 21, 2023
  • Gucci storefront.
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    The image by Achim Hepp is licensed under CC BY-SA 2.0
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    Gucci launches resale and redesign initiatives

    The Italian luxury goods brand is deepening its relationship with resale platform Vestiaire, while parent company Kering says it will cut its greenhouse gas emissions 40% by 2035.

    By • March 20, 2023
  • A person in vacation attire sits on a chair on a beach while using a smartphone to conduct a video call.
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    CandyRetriever via Getty Images
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    Saks Fifth Avenue stylists to become brand ambassadors for luxury travel company

    Luxury consumers are showing a strong interest in travel. A partnership between Saks and Inspirato hopes to leverage that enthusiasm. 

    By Kaarin Moore • March 15, 2023