‘Tis the season for discounts and deal hunting. The off-price sector is poised to have a strong holiday season, according to experts, thanks to unusually high inventories across retail and a surge of deal-hungry consumers. However, holiday sales across the board are still expected to increase at slower pace than in 2021, Deloitte forecasted, reflecting an overall slowdown in […]
The Children’s Place, Inc. announced a new ultra-comfy sleepwear lifestyle brand entitled PJ Place targeted towards Millennial and Gen Z. The PJ Place launch celebrates being comfortable in the skin you’re in by showcasing an inspirational and diverse group of entrepreneurs, activists, celebrities, and influencers. Daphne Oz was one of the models of the comfy campaign. The […]
U.S. retail sales were “virtually unchanged” in September compared to last month, but were still well above last year’s levels. Total retail sales were $684 billion in September, according to a monthly report from the U.S. Census Bureau. This marked an ±0.5% change from August, which were amended to reflect $684 billion. However, sales were up […]
When it comes to running a successful business, Birdies co-founder Bianca Gates said mentorship and community are key. “A lot of times what we need and what we lack is confidence. And I think we get that from each other, talking about it, cheering each other on, supporting each other and introducing each other,” Gates said […]
With 92 million followers on TikTok, Bella Poarch is an ideal ambassador for any brand. But for Crocs, teaming with influencers has to be, first and foremost, authentic. In the case of Poarch, the relationship was organic as it comes. “I bought my first pair when I was in the Navy. I never was allowed to go to […]
No pants, no problem. Designer Christian Cowan and “Saturday Night Live!” star Chloe Fineman went method on set with FN last month. During the shoot, which was giving artist and his muse — or better yet, Cinderella and her fairy godmother vibes — the dynamic duo filmed their video segment in nothing but dramatic feather […]
A year after Bloomingdale’s opened its first “Bloomie’s” concept store, the department store chain has announced plans to open its second location – this time in the Chicago area. Slated to open on Nov. 17, the new 51,000 sq.-ft. Bloomie’s store will be located at Westfield Old Orchard in Skokie, Ill. Once Bloomie’s opens, the retailer said […]
Crocs’ formula for the future puts sustainability at the center. In April, the company hired Deanna Bratter as VP and global head of sustainability, a newly created position at Crocs to help hit the ambitious goal of being net zero by 2030. Bratter’s responsibilities also include social responsibility and corporate governance, but the exec said Crocs is diving into its […]
Ten years ago, an exciting chapter was unfolding in the luxury footwear industry as a new crop of young talents landed on the scene with bold launches and fresh thinking. But a decade later, many designers from that era have faded from the scene, crushed by competition from mega brands and unable to keep up with a […]
Neiman Marcus Group (NMG) is touting a ‘prudent’ growth strategy. The Dallas-based luxury department store unveiled on Wednesday its fiscal year 2022 business highlights, which included a 30% comparable sales increase versus 2021 and an adjusted EBITDA of $495 million. NMG also reported on Wednesday that it delivered over $5 billion in gross merchandise value […]