Retail: Page 3


  • A large, white building with the words Neiman Marcus on the side stands in a parking lot.
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    Scott Olson via Getty Images
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    Saks Fifth Avenue parent company to acquire Neiman Marcus Group for $2.6B

    The rival companies will continue to operate independently and the deal is partially funded by e-commerce giant Amazon.

    By July 8, 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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    Lawsuit claims Nike CEO John Donahoe misled investors about the success of its DTC strategy

    The lawsuit alleges that Donahoe and Chief Financial Officer Matt Friend continually touted the strength of its strategy when in fact it was “unable to generate sustainable revenue growth.”

    By Cara Salpini • June 26, 2024
  • Two models wear distressed denim outfits featuring artwork by Jean-Michel Basquiat.
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    Courtesy of H&M
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    H&M collaborates with designers on Basquiat collection

    A 30-piece line, created with 2024 LVMH Prize semi-finalists Ev Bravado and Téla D'Amore, will hit stores in July.

    By June 25, 2024
  • White puffy clouds against a blue sky, behind a store with a blue and white banner.
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    "Bob's Stores" by Mike Mozart is licensed under CC BY 2.0
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    Eastern Mountain Sports, Bob’s Stores file for bankruptcy

    The chains, in a “liquidity crisis” since their bank found them to be in default, require emergency funding to make payroll Friday.

    By Daphne Howland • June 24, 2024
  • A lit-up storefront at dusk.
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    Courtesy of Gap Inc.
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    Gap Inc. names new CTO

    Like CEO Richard Dickson, Sven Gerjets joins the apparel company from Mattel where he served as its chief technology officer.

    By Tatiana Walk-Morris • June 20, 2024
  • Two people are in a white room surrounded by color prints and fabrics.
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    Courtesy of Ikea
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    Ikea launches textile collection for home and fashion

    The line of pre-cut fabric was created to encourage “countless opportunities for design.” It will be available starting in July.

    By Howard Ruben • June 18, 2024
  • Laura Kim for Crate & Barrel
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    Courtesy of Crate & Barrel
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    Crate and Barrel debuts home collection with fashion designer Laura Kim

    Kim, who is the co-creative director of Oscar de la Renta, is making her debut in the homewares space with the retailer. 

    By Tatiana Walk-Morris • June 11, 2024
  • A DSW Shoe Warehouse storefront in California with a blue sky
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    The image by By TaurusEmerald is licensed under CC BY 4.0
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    Designer Brands acquires Canadian footwear retailer Rubino

    The retailer also named a new chief marketing officer for its largest banner, DSW, as it reported flat sales for Q1.

    By Nate Delesline III • June 6, 2024
  • People standing in a convention center at Luxe Pack 2024
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    Hayley Lind/Fashion Dive
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    Luxe Pack highlights packaging psychology and sustainability trends

    Estée Lauder’s chief sustainability officer and other speakers shared their perspectives on upcoming trends in the cosmetics and luxury packaging sectors.

    By Hayley Lind • June 5, 2024
  • Storefront of Abercrombie & Fitch in a mall. Store windows on the left and right have mannequins wearing long pants and shirts.
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    Courtesy of Abercrombie & Fitch
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    Abercrombie & Fitch Co. sets a record with billion-dollar Q1

    The retailer is considering more brand extensions as one way to maintain its momentum.

    By Daphne Howland • May 30, 2024
  • A person in a black-and-white checked suit carries a black quilted bag.
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    David Dee Delgado via Getty Images
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    Mytheresa and Vestiaire Collective expand partnership

    The luxury digital platform will allow all customers in Europe and the U.S. to receive store credit when they sell their pre-worn designer goods.

    By May 29, 2024
  • The inside of Vuori's first store in China
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    Courtesy of Vuori
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    Vuori opens first store in China

    The store marks the athleisure brand’s 67th location as it works toward a goal of opening 100 stores by 2026.

    By Howard Ruben • May 29, 2024
  • A white brick Lululemon storefront in WIlliamsburg, Virginia
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    Dani James/Fashion Dive
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    Lululemon restructures product, marketing teams as Chief Product Officer Sun Choe exits

    The roles of chief brand officer and global creative director will expand as Choe leaves for a new opportunity and won’t be replaced.

    By Cara Salpini • May 28, 2024
  • Exterior of Lulus' pink retail store on Melrose Avenue
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    Courtesy of Lulus
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    Shipping carrier diversification benefits Lulus in Q1

    The fashion brand has added more delivery providers in recent quarters to offset rising shipping costs.

    By Max Garland • May 24, 2024
  • A person in a black suit stands in a darkened room next to a person in a black-and-white checked cape. Both are staring at the camera.
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    Victor Boyko via Getty Images
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    The Vampire’s Wife shuts down

    Susie Cave, designer of the luxury dress label, posted an announcement on the brand’s e-commerce site saying it would cease operations immediately.

    By May 22, 2024
  • Person wearing a pink blazer and gray shirt and sunglasses with arms outspread.
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    Permission granted by DXL
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    Destination XL marketing campaign focuses on ‘clothes that actually fit’

    The multichannel effort, which is being tested in three markets, focuses on “simplicity, quality, and fit,” CEO Harvey Kanter said. 

    By Tatiana Walk-Morris • May 16, 2024
  • A pair of underwear and a bralette with cats and planets on it, as well as a model wearing the set. Text reads "Celestial cats in outer space."
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    Courtesy of Adore Me
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    Adore Me launches AI design tool

    AM by You, which uses generative AI, allows consumers to create their own customized bralette and panty set.

    By Howard Ruben • May 14, 2024
  • Two models sit together, hugging, wearing pieces from the Gap and Dôen collection.
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    Courtesy of Gap
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    Gap launches collab with Dôen

    The 51-piece collection features women’s and children’s apparel, including a “feminine take” on Gap’s classic styles.

    By May 14, 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 revenue plummets 28% in Q1 as CEO says the brand is ‘executing with urgency’

    Joe Vernachio said the retailer shuttered three stores in the quarter and is on track with its planned closures, which will amount to 10 to 15 this year.

    By Cara Salpini • May 13, 2024
  • Gap names new global CMO amid push to revitalize brand

    Fabiola Torres joins the retailer from PepsiCo and was lauded for her ability to connect with globally diverse consumers.

    By Peter Adams • May 10, 2024
  • Celebrity Gwyneth Paltrow wearing a light blue shirt posed in front of three white product bottles
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    Permission granted by Goop
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    Amazon’s Summer Beauty Haul returns

    The beauty savings event is back for the second year — following the company teasing a July return to Prime Day.

    By Nate Delesline III • May 7, 2024
  • A return of a Shein item leveraging UPS' Happy Returns occurs at a Forever 21 location.
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    Permission granted by Happy Returns
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    UPS’ Happy Returns now powers Shein returns at Forever 21 stores

    The company launched a cross-brand capability for online orders returned at stores as it pursues deals with more enterprise retailers.

    By Max Garland • May 6, 2024
  • An image of the Cotopaxi logo, taken inside the San Francisco, California retail store on April 29, 2024.
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    Edwin Lopez/Fashion Dive
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    How Cotopaxi navigated remediation of a tier 1 supplier

    The outdoor apparel and accessories brand chose remediation over removal to avoid exacerbating negative worker impacts, an executive said.

    By S.L. Fuller • May 2, 2024
  • A bride in a Forever 21 dress.
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    Courtesy of Forever 21
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    Forever 21 unveils first bridal capsule collection

    The fast fashion company is the most recent retailer to expand its product assortment into the wedding category. 

    By Tatiana Walk-Morris • April 26, 2024
  • Storefront of Abercrombie & Fitch in a mall. Store windows on the left and right have mannequins wearing long pants and shirts.
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    Courtesy of Abercrombie & Fitch
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    The turnaround of Abercrombie & Fitch is finally here

    S&P Global Ratings on Tuesday upgraded the apparel retailer, not just on its better-than-expected 2023 performance but also its strong momentum.

    By Daphne Howland • April 25, 2024