Retail: Page 2


  • A mall entrance to a clothing store named "Torrid."
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    Daphne Howland/Fashion Dive
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    Despite last year’s declines, Torrid could grab more market share

    The plus-size leader faces ongoing reluctance to spend on discretionary goods, but has inventory control and other strengths on its side.

    By Daphne Howland • March 29, 2024
  • Canada Goose storefront in Las Vegas.
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    Courtesy of Canada Goose
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    Canada Goose cuts corporate workforce by 17%, shakes up executive roles

    As part of a DTC focus, the brand said about a year ago that it would double its footprint within five years, but some analysts anticipate that slowing.

    By Daphne Howland • March 27, 2024
  • A person sees themself in three mirrors wearing different clothing. The person is holding a cellphone.
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    Courtesy of Temu
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    How Temu sales stack up to e-commerce competitors: report

    Data from Earnest Analytics found that the fast fashion company has nearly double the retention rate of companies such as Walmart and Target.

    By March 25, 2024
  • To the right of a mall store entrance, a minimalist gray granite facade features the red and white Lululemon logo and white lettering.
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    Daphne Howland/Fashion Dive
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    Has Lululemon peaked?

    Growth in North America has slowed, but analysts aren’t worried, given the brand’s innovation, past nimbleness and potential abroad.

    By Daphne Howland • March 25, 2024
  • The Nike "swoosh" on the side of a building, with another building seen behind it.
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    Daphne Howland/Fashion Dive
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    Nike refocuses on innovation as Q3 revenues fall flat

    CEO John Donahoe said the sportswear brand “is not performing at our potential” and needs to lean back into wholesale and product innovation.

    By Cara Salpini • March 22, 2024
  • An Untuckit storefront in Corte Madera, California.
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    Justin Sullivan via Getty Images
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    Untuckit to open 14 new stores in 2024

    The DTC apparel brand said the first seven stores will open by May across California, Georgia, Florida, New Jersey and New York.

    By Howard Ruben • March 21, 2024
  • An aerial view of a Nordstrom mall store. A person walks under the sign reading "Nordstrom."
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    Justin Sullivan/Getty Images via Getty Images
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    Nordstrom revives namesake brand

    The new line, which features footwear and accessories, is part of a revamp following lagging Q4 sales at full-line stores.

    By March 19, 2024
  • A storefront with main door open, a purple sign in front.
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    Cara Salpini for Retail Dive
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    Outdoor Voices shutters all stores

    The activewear brand, once a DTC darling, told staff last week it would close stores as it shifts to an online-only model.

    By Caroline Jansen • March 19, 2024
  • An image of “Sporty Spice” Spice Girl Melanie C in a logo flight jacket next to an image of models, also in logo jackets, staring at the Golden Gate Bridge.
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    Courtesy of Gap Inc.
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    Gap and Palace collaborate on streetwear collection

    The 55-piece capsule with the London-based skate brand will feature adult and children’s apparel, plus skate decks and a limited-edition plush toy.

    By March 18, 2024
  • A Ross Dress for Less Storefront is shown at night, while customers walk towards it in the parking lot.
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    Photo by David McNew/Getty Images via Getty Images
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    High levels of lead found in off-price fashion accessories: report

    The Center for Environmental Health said it detected the chemical in products from Ross and Burlington stores in California.

    By Lauren Schenkman • March 18, 2024
  • A person with an umbrella walks in front of a Chanel store.
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    Hollie Adams/Getty Images via Getty Images
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    Chanel seeks permanent injunction against What Goes Around Comes Around

    The years-long case could spur luxury companies to take a “more assertive stance” on protecting their brand integrity, a former FTC attorney says.

    By March 15, 2024
  • Exterior of an Allbirds store in Washington, D.C.'s Georgetown neighborhood
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    Caroline Jansen/Fashion Dive
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    Allbirds taps new CEO, plans store closures

    COO Joe Vernachio takes over from co-founder Joey Zwillinger on Friday as the DTC brand reported a 15% sales drop in 2023.

    By Cara Salpini • March 14, 2024
  • Multiple people walk in front of a Matches storefront. The window display shows three mannequins.
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    The image by Philafrenzy is licensed under CC BY-SA 4.0
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    Matches enters administration nearly three months after being purchased

    The Frasers Group said that restructuring the luxury e-commerce business would require “too much change.”

    By March 12, 2024
  • An American Eagle storefront at a mall
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    Cara Salpini/Fashion Dive
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    American Eagle ‘refocused’ logistics arm amid third-party business woes

    The retailer faced $98.3 million in impairment and restructuring charges from Quiet Platforms in Q4 as it adjusted to reduced e-commerce fulfillment demand.

    By Max Garland • March 12, 2024
  • A diverse group of people in various poses wearing black clothing.
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    Courtesy of Gap Inc.
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    Gap, Old Navy make progress on long road to recovery

    New Gap Inc. CEO Richard Dickson touted market share gains at the company’s biggest brands, but analysts say they have further to go.

    By Daphne Howland • March 11, 2024
  • Models wear sportswear pieces and walk across a stage as one models stands alone in the center staring at the camera.
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    Courtesy of H&M
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    H&M launches its H2 Exchange circular fashion initiative

    The program, created in partnership with designer Heron Preston, seeks to bring sustainable clothing concepts to a younger, wider audience.

    By Howard Ruben • March 8, 2024
  • Three people sit outside in sleeping bags.
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    Courtesy of REI Co-op
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    REI releases first nongendered apparel collection for adults

    The company also said it is transitioning its in-house brand away from gender-specific merchandise “where it makes sense.”

    By Tatiana Walk-Morris • March 8, 2024
  • A closeup of a Macy's sign with a signature red star sits atop a store entrance overhang.
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    Daphne Howland/Fashion Dive
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    Investors throw another $800M onto Macy’s takeover bid

    Arkhouse Management and its partners have upped their offer to $6.6 billion despite the department store’s refusal to share financial information.

    By Daphne Howland • March 6, 2024
  • A sign on a J. Crew store on 5th Avenue in New York City.
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    Bryan Thomas via Getty Images
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    J.Crew launches swimwear takeback program

    The recycling initiative, in partnership with SuperCircle, will give consumers shopping credit in exchange for used bathing suits from any brand.

    By Howard Ruben • March 4, 2024
  • New majority-stake owners of The Children’s Place come through with funds, shake up board

    Saudi investment firm Mithaq Capital is providing $78.6 million in interest-free, unsecured and subordinated term loans.

    By Daphne Howland • March 4, 2024
  • A denim storefront for Lee and Wrangler jeans
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    Courtesy of Kontoor
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    Kontoor revenue falls 8% in Q4

    The previous quarter’s boost from a Barbie collaboration was no longer visible, and full-year earnings dropped 1% in fiscal 2023.

    By March 1, 2024
  • Coupang sign on company headquarters as seen from outside on a sunny day.
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    Michael Vi via Getty Images
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    Coupang wants to transform the luxury fashion customer experience

    On its Q4 earnings call, CEO Bom Kim said his company was confident that buying Farfetch was a prudent financial decision.

    By Feb. 28, 2024
  • Pairs of Yeezys.
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    Courtesy of Adidas
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    The latest Yeezy drop from Adidas is online only

    The activewear company earlier this month announced plans to shed existing inventory from its previous partnership with Ye.

    By Tatiana Walk-Morris • Feb. 28, 2024
  • Two people with shopping bags.
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    Courtesy of Nordstrom
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    ‘Treat yourself’ culture: Here’s what the numbers say

    Holiday spending habits at the end of last year bring into focus the need for messaging around “the importance of you,” per the Why Group.

    By Sara Karlovitch • Feb. 26, 2024
  • Lululemon storefront.
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    Kaarin Vembar/Fashion Dive
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    Lululemon advances circular fashion with recycled nylon product

    The activewear brand partnered with Samsara Eco to introduce an enzymatically recycled nylon 6,6 product in what the companies say is a milestone in textile recycling.

    By Tatiana Walk-Morris • Feb. 23, 2024