apparel

Shein Reportedly Rebuffed by National Retail Federation Ahead of IPO
Shein Reportedly Rebuffed by National Retail Federation Ahead of IPO
May 13, 2024  |  Retail

Shein reportedly has some work to do if it wants to court the U.S. retail industry. The fast fashion giant filed for an initial public offering...

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Allbirds: Consumers Will Pay Full Price for ‘Fresh’ Enough Products
Allbirds: Consumers Will Pay Full Price for ‘Fresh’ Enough Products
May 09, 2024  |  Earnings

Economic challenges have consumers pulling back on full-priced purchases, but Allbirds maintains that, if products are novel and relevant enough, shoppers will spring for non-discounted...

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Earnings Season Shows Consumers Using BNPL More for Clothes, Travel
Earnings Season Shows Consumers Using BNPL More for Clothes, Travel
May 08, 2024  |  BNPL

Earnings season’s not over yet — and the picture on consumer spending is mixed thus far. The payment networks and banks have noted that though...

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High-Income Consumers’ Rising Secondhand Purchasing Drives Luxury Consignment Growth
High-Income Consumers’ Rising Secondhand Purchasing Drives Luxury Consignment Growth
May 07, 2024  |  Retail

With high-income shoppers disproportionately growing their adoption of secondhand retail channels, The RealReal is seeing its consignment business grow. The luxury resale online marketplace shared in its...

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ThredUp: Low Consumer Confidence Is Keeping Shoppers From Clothing Splurges
ThredUp: Low Consumer Confidence Is Keeping Shoppers From Clothing Splurges
May 06, 2024  |  Retail

As consumers continue to feel economic pressures constrain their budgets, ThredUp sees shoppers pull back on buying clothes — even lower-cost secondhand ones. On a call with...

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Report: Sycamore Partners Interested in Taking Nordstrom Private
Report: Sycamore Partners Interested in Taking Nordstrom Private
May 03, 2024  |  Retail

Sycamore Partners, a buyout equity firm that owns department store operator Belk, is reportedly among the firms interested in taking Nordstrom private. The company is...

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Vinted Solves Resale Profitability Problem by Spreading Its Income Sources
Vinted Solves Resale Profitability Problem by Spreading Its Income Sources
April 29, 2024  |  Retail

As resale marketplaces struggle to turn a profit, Vinted appears to have cracked the code, diversifying its platform to bring in revenue from as many parts of the experience...

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Trove CEO: Consumers Look to Brands for Streamlined Resale Experiences
Trove CEO: Consumers Look to Brands for Streamlined Resale Experiences
April 26, 2024  |  Retail

Tired of proverbially picking their way through online resale marketplaces, consumers are looking for more streamlined secondhand shopping experiences that more closely resemble the ease...

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Online Shoppers Are Starting to See Amazon as a Fashion Destination
Online Shoppers Are Starting to See Amazon as a Fashion Destination
April 24, 2024  |  Retail

As consumers look to buy clothing online, PYMNTS Intelligence research reveals that digital shoppers are increasingly turning to Amazon to meet their apparel needs. By...

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