PYMNTS-MonitorEdge-May-2024

fashion

Fashion is a popular aesthetic expression in a certain time and context, especially in clothing, footwear, lifestyle, accessories, makeup, hairstyle and body proportions.

Source: en.wikipedia.org

Fast Fashion’s Hot New Player Shein Not Immune to Economic Strife
Fast Fashion’s Hot New Player Shein Not Immune to Economic Strife
January 18, 2023  |  Economy

Shein is reportedly considering a funding round that would lower its market valuation by a third. The Financial Times (FT) reported Wednesday (Jan. 18) that...

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Rent the Runway Is Open for Business on Amazon
Rent the Runway Is Open for Business on Amazon
January 12, 2023  |  Amazon

Rent the Runway is opening shop on Amazon in a move that’s a fit for both brands. In a Thursday (Jan. 12) press release, the...

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Abercrombie & Fitch Sees Record Q4 in Women’s Apparel
Abercrombie & Fitch Sees Record Q4 in Women’s Apparel
January 09, 2023  |  Retail

Abercrombie & Fitch has boosted its fourth-quarter outlook, driven by record demand for women’s apparel. The retailer of apparel and accessories for men, women and children...

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Oscar de la Renta CEO Picks Amazon Over Fashion Week for Customer Acquisition
Oscar de la Renta CEO Picks Amazon Over Fashion Week for Customer Acquisition
December 15, 2022  |  Retail

Oscar de la Renta is using Amazon rather than fashion weeks for customer acquisition. The New York-based luxury fashion house has found that by streaming a...

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Toys R Us Parent WHP Takes 7% Stake in Express
Toys R Us Parent WHP Takes 7% Stake in Express
December 08, 2022  |  Retail

Fashion retailer Express has turned to WHP Global as it begins a “large-scale transformation.” WHP, a brand turnaround firm that owns a number of companies, including Toys R Us,...

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Rent the Runway’s Revenues Rise as Consumers Embrace Borrowed Fashion
Rent the Runway’s Revenues Rise as Consumers Embrace Borrowed Fashion
December 08, 2022  |  Retail

Rent the Runway achieved record revenue as its bargain-hunting customers sought deals on everyday fashion. The company said its revenue for the quarter rose 31% year-over-year,...

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Genesco Says Online Shoe Sales Remain Strong After Pandemic 
Genesco Says Online Shoe Sales Remain Strong After Pandemic 
December 02, 2022  |  Retail

Post-pandemic, consumers are still buying shoes online.  Footwear retailer Genesco said in a Friday (Dec. 2) presentation that both store and digital comparable sales were up...

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Third-Party, White-Label Solutions Boost Luxury Recommerce Growth
Third-Party, White-Label Solutions Boost Luxury Recommerce Growth
November 15, 2022  |  Retail

Researchers at Spain’s Universitat Politècnica de Catalunya recently published a study showing that reusing 1kg of clothing could save 25 kg of carbon dioxide emissions....

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Reza Partners with Perfect Corp. to Enable Virtual Try On of Jewelry
Reza Partners with Perfect Corp. to Enable Virtual Try On of Jewelry
November 11, 2022  |  Retail

French jewelry brand Reza has deployed Perfect Corp.’s artificial intelligence (AI) and augmented reality (AR) solution so that visitors to its new eCommerce website can...

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