T.S. Eliot wrote that the world would end not with a bang but a whimper. It may be the case that the unstoppable wave of consumer spending may end that way too, and not with a full-fledged slamming on the brakes — a wallop that...
Earlier this month at The Lead Summit in New York City, Jed Berger, president of apparel company Kenneth Cole Productions, and PJ Oleksak, CEO of Nuts.com, offered valuable perspectives on steering their companies through transformative changes while preserving brand integrity. Kenneth Cole, renowned for his innovative...
As Vera Bradley transforms to meet consumers’ evolving omnichannel expectations, the brand is upgrading its stores to better fit how consumers want to shop. In an interview with PYMNTS following the accessories, fashion and home goods brand’s announcement of its refresh, CEO Jackie Ardrey shared...
A flat June reading for retail sales can be a tossup in terms of getting a sense of how the consumer is faring. The data released Tuesday (July 16) may have come in better than expected — economists had been looking for a month-over-month decline...
July 22, 2024
T.S. Eliot wrote that the world would end not with a bang but a whimper. It may be the case that the unstoppable wave of consumer spending may end that way too, and not with a full-fledged slamming on the brakes — a wallop that hits merchants all at once. We may see a pulling […]
July 16, 2024
A flat June reading for retail sales can be a tossup in terms of getting a sense of how the consumer is faring. The data released Tuesday (July 16) may...
June 28, 2024
With consumers increasingly expecting to be able to get anything they want, when they want it, bridal retail is picking up the pace, according to Kleinfeld Bridal, the wedding retailer...
May 14, 2024
Consumers are increasingly buying clothing from third-party digital marketplaces, forcing more retailers to close shop. Most recently, Ted Baker’s North American business announced Friday (May 10) that amid bankruptcy proceedings in the United...
July 10, 2024
Shein reportedly pledged a $271 million, five-year investment in Europe and the United Kingdom. The planned investment comes as the fast-fashion retailer is preparing for a possible listing in the U.K. and fends off criticism of its business model, Reuters reported Tuesday (July 9). While Shein sources some clothes from factories in Turkey, most of […]
July 03, 2024
While more people are embracing the idea of buying and selling secondhand clothing, companies specializing in selling these items are reportedly facing challenges in turning a profit. The U.S. secondhand...
June 24, 2024
Shein has reported confidentially filed for an initial public offering (IPO) in London. This move doesn’t necessarily mean the IPO will happen in London, as Shein would prefer to go...
June 21, 2024
Shein is reportedly facing numerous challenges in its pursuit of an initial public offering (IPO) in the United States. Tensions between China and the U.S. have impacted business and trade,...
