Retail
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Luxury consumers are increasingly anxious about the economy: report
A new survey from Saks Global Luxury Pulse reports global conflicts and instability have led to decreased confidence.
By Lara Ewen • March 6, 2025 -
Foot Locker to refresh 300 stores this year
The retailer will also open 80 locations featuring its reimagined store concept in 2025. The changes come alongside hundreds of closures over the years.
By Cara Salpini • March 6, 2025 -
Uniqlo’s sister brand announces partnership with Undercover
Designer Jun Takahashi’s UG men’s collection will have two drops for GU, beginning with a 19-piece line launching in March.
By Lara Ewen • March 5, 2025 -
Forever 21 will lay off nearly 700, close headquarters
Nine stores in California and Pennsylvania will close, as Catalyst Brands, which owns the brand’s operations, explores its options.
By Daphne Howland • March 5, 2025 -
Prada Group revenue skyrockets in 2024
The dramatic results came from double-digit retail growth in nearly every region and reflect a 93% increase at Miu Miu.
By Lara Ewen • March 4, 2025 -
J. Jill taps former Ralph Lauren merchant as CEO
Mary Ellen Coyne’s three decades-plus of retail experience also includes her recent stint as chief executive of J. McLaughlin.
By Daphne Howland • March 3, 2025 -
Lanvin Group closes stores amid a double-digit revenue decline
The Wolford and Sergio Rossi parent company reported a 23% drop for fiscal 2024 as new creative and leadership appointments look to change momentum.
By Lara Ewen • Feb. 28, 2025 -
Wrangler releases collab with burger chain
A 33-piece apparel and accessories line in partnership with Texas-based Whataburger is designed to blend the Western flavors of both brands.
By Lara Ewen • Feb. 27, 2025 -
"Saks Fifth Avenue, Off 5th Outlet Factory Store , Clinton CT" by Mike Mozart is licensed under CC BY 2.0
Neiman Marcus deal triggers another round of layoffs at Saks Global
The company in July also downsized operations in anticipation of the $2.7 billion acquisition, which closed at the end of last year.
By Daphne Howland • Feb. 27, 2025 -
Fabletics targets demand planning, inventory management
The apparel company will build a forecasting model using Blue Yonder’s supply chain planning solutions.
By Kelly Stroh • Feb. 26, 2025 -
Saks Global’s vendor trouble hints at financial vulnerability
Revenue targets depend on mending relationships with suppliers, analysts say. A memo from CEO Marc Metrick may have made things worse.
By Daphne Howland • Feb. 25, 2025 -
Generational differences govern online fashion shopping behavior: report
Older customers prioritized discounts and younger shoppers said they were especially motivated by products that offered high quality, according to a new report from Wunderkind.
By Howard Ruben • Feb. 24, 2025 -
J.C. Penney, Eddie Bauer operator lays off 5% of corporate staff
About 250 people at Catalyst Brands, which also runs Aéropostale, Brooks Brothers, Nautica and Lucky Brand, were let go.
By Daphne Howland • Feb. 24, 2025 -
"Exterior view of historic Neiman Marcus flagship store in Dallas, Texas as seen from Commerce Street." by Dfwcre8tive is licensed under CC BY 3.0
Saks Global to close century-old Neiman Marcus flagship in downtown Dallas
The luxury department store's new owner will spend $100 million to renovate an anchor location at the nearby NorthPark Center mall.
By Daphne Howland • Feb. 21, 2025 -
Victoria’s Secret launches collaboration with Altuzarra as it steps into ready-to-wear
The first drop of the line, which will include multiple collections throughout the year, focuses on wardrobe staples with a twist.
By Laurel Deppen • Feb. 21, 2025 -
Nordstrom brings on Neiman Marcus vet as director of luxury styling
Catherine Bloom is joining the department store in the new role, and a Nordstrom Local location in Los Angeles will be a dedicated storefront for her clients.
By Kaarin Moore • Feb. 19, 2025 -
Former New York & Co. chief to lead Express, Bonobos
Greg Scott’s 30-plus years in the fashion industry also include stints at Fashion Nova and The Boutique Brands.
By Daphne Howland • Feb. 12, 2025 -
Macy’s sticks with stores chief to lead brick-and-mortar transformation
Barbie Cameron began at the company nearly 40 years ago and has a pivotal role as the department store scrambles to rightsize and overhaul its fleet.
By Daphne Howland • Feb. 11, 2025 -
EBay, Willy Chavarria partner during Paris Men’s Fashion Week
The collection, which launched last week, includes archival designer pieces sourced from the e-commerce platform.
By Howard Ruben • Feb. 5, 2025 -
Gap to launch seasonal vintage drops throughout the year
The project, GapVintage, is a continuation of the apparel brand’s partnership with curator Sean Wotherspoon.
By Laurel Deppen • Feb. 3, 2025 -
Victoria’s Secret taps former Joann exec for CFO seat
The transition comes as the lingerie retailer is pursuing a turnaround under a new CEO following market share declines and other challenges.
By Alexei Alexis • Jan. 30, 2025 -
Sephora releases documentary highlighting diversity
As others back away from DEI initiatives, the retailer said its film “reaffirms its commitment to fostering a world of inspiration and inclusion.”
By Tatiana Walk-Morris • Jan. 28, 2025 -
Bloomingdale’s to close San Francisco Centre anchor
The move will leave the struggling mall with another space to fill, and the luxury department store’s only full-line locations outside the city.
By Daphne Howland • Jan. 27, 2025 -
Spanx launches new sculpting denim collection
The shapewear brand said the jeans, which come in two colors and styles, combine lycra-encased cotton fabrication with traditional denim detailing.
By Laurel Deppen • Jan. 24, 2025 -
How American Eagle’s CMO avoids AI’s ‘generic creative’ trap
At NRF’s Big Show, Craig Brommers addressed mounting production demands but said delegating more work to AI is a “scary” prospect.
By Peter Adams • Jan. 21, 2025