Retail: Page 13

  • Exterior of a Gap store
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    Daphne Howland/Fashion Dive
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    Gap lays off 1,800 employees amid major restructuring

    The massive downsizing is part of an effort to peel away management layers and slash expenses.

    By Daphne Howland • April 27, 2023
  • A store window, with a blue square square above that says "GAP" in white capital letters.
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    Daphne Howland/Fashion Dive
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    Gap Inc. says more layoffs to come

    The further workforce reduction comes amid a search for a permanent CEO and sales declines across all the conglomerate’s brands.

    By Daphne Howland • April 25, 2023
  • David's Bridal sign outside of a store.
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    Kaarin Vembar/Fashion Dive
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    David’s Bridal owes $27.5M to vendors as it navigates bankruptcy

    The wedding apparel retailer owes millions to the joint venture that procures the bulk of its merchandise outside North America.

    By Ben Unglesbee • April 20, 2023
  • A wedding attire shop with the words "David's Bridal" in red letters.
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    "David's Bridal Coral Gables" by Phillip Pessar is licensed under CC BY 2.0
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    David’s Bridal is prepared to liquidate if it can’t find a buyer

    Even if the retailer does stay in business under new ownership, it’s likely to shrink its fleet of nearly 300 stores.

    By Daphne Howland • April 18, 2023
  • Four anoraks, (brown, green, blue and navy) hang on a black rack. their collars and the background are cream-colored.
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    Courtesy of J. Crew
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    Deep Dive

    Resale’s big secret? It may need stores

    To join the secondhand market boom, many apparel retailers and brands have turned to third-party platforms that struggle to sustain a profit.

    By Daphne Howland • April 17, 2023
  • American Eagle's RE/AE virtual clothing store within Snapchat
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    Retrieved from American Eagle on April 14, 2023
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    American Eagle brings secondhand clothing shop to Snapchat

    The augmented reality experience is part of the retailer’s new RE/AE digital shop and clothing collection curated with online resale platform ThredUp.

    By Jessica Deyo • April 17, 2023
  • ThredUp warehouse, packaging.
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    Courtesy of ThredUp
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    American Eagle jumps into secondhand sales via ThredUp

    The retailer is the latest to sign onto the used-apparel site’s quickly expanding resale platform.

    By Daphne Howland • April 11, 2023
  • Interior of a Golden Goose store
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    Courtesy of Golden Goose
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    Golden Goose hits 500M euros in revenue in 2022

    The sneaker brand said that direct-to-consumer sales now account for 70% of the company’s total revenue.

    By Howard Ruben • April 10, 2023
  • The mall entrance of a brightly light "Forever 21" store.
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    "Forever 21" by Mike Mozart is licensed under CC BY 2.0
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    Forever 21, Nine West collaboration targets multiple generations

    The Y2K-inspired collection brings together two brands from the Authentic Brands Group stable.

    By • April 6, 2023
  • Two ThredUp boxes sitting on top of each other on a bed, with a teal sweater next to them.
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    Courtesy of ThredUp
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    ThredUp: US resale market projected to reach $70B by 2027

    That’s down from the company’s estimates last year, which expected the market to reach $82 billion by 2026.

    By Tatiana Walk-Morris • April 5, 2023
  • A bright red facade features a cut-out of the word "Express" at a mall store entrance.
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    Daphne Howland/Fashion Dive
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    Express faces NYSE delisting

    The apparel retailer may enact a reverse stock split — subject to board and stockholder approval — in order to reach compliance. 

    By Kaarin Vembar • April 3, 2023
  • J. Crew sign outside of a store.
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    "J. Crew, Manchester, CT" by Mike Mozart is licensed under CC BY 2.0
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    J. Crew undergoes layoffs

    The apparel retailer has “made decisions to support efficiency and long-term growth,” according to a company spokesperson. 

    By Kaarin Vembar • March 28, 2023
  • Models in jeans and black cutout bodysuits stare menacingly at the camera
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    Courtesy of H&M
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    H&M announces May 11 release date for Mugler collaboration

    The new collection, designed by creative director Casey Cadwallader, will feature the brand’s signature nonbinary style.

    By • March 24, 2023
  • David's Bridal sign outside of a store.
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    Kaarin Vembar/Fashion Dive
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    David’s Bridal releases wedding gown collection made partly from recycled fibers

    The company said it wants to appeal to consumers who are looking for more sustainable options for big purchases.

    By Natalie Schwartz • March 23, 2023
  • DejaWooo search engine
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    Courtesy of DejaWooo
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    Resale fashion search engine launches

    Chinese tech company DejaWooo received its first seed investment in 2021 and last week announced the launch of its platform.

    By Xanayra Marin-Lopez • March 21, 2023
  • Gucci storefront.
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    The image by Achim Hepp is licensed under CC BY-SA 2.0
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    Gucci launches resale and redesign initiatives

    The Italian luxury goods brand is deepening its relationship with resale platform Vestiaire, while parent company Kering says it will cut its greenhouse gas emissions 40% by 2035.

    By • March 20, 2023
  • A person in vacation attire sits on a chair on a beach while using a smartphone to conduct a video call.
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    CandyRetriever via Getty Images
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    Saks Fifth Avenue stylists to become brand ambassadors for luxury travel company

    Luxury consumers are showing a strong interest in travel. A partnership between Saks and Inspirato hopes to leverage that enthusiasm. 

    By Kaarin Vembar • March 15, 2023
  • A bunch of colorful kids' clothes hang on a rack.
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    Courtesy of H&M
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    H&M taps ThredUp for resale program

    A “collabs” section allows shoppers to buy pre-owned items from designer collections. The move comes as the retailer works to remake its sustainability image.

    By Tatiana Walk-Morris • March 14, 2023
  • Mannequins in orange and white stand in a store window to left of a black-trimmed doorway of an Athleta store, others in black and white are on the right.
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    Daphne Howland/Fashion Dive
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    More shakeup at Gap Inc. as sales fall, losses mount

    The apparel retailer said it’s close to naming a new CEO, but announced the exit of a few executives, including Athleta chief Mary Beth Laughton.

    By Daphne Howland • March 10, 2023
  • A Nike storefront at The Grove shopping center in Los Angeles, California.
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    Cara Salpini/Fashion Dive
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    Nike taps new head of women’s, DEI

    Changes on the DTC side of the business will help support its digital-led strategy, the company said.

    By Cara Salpini • March 8, 2023
  • A blue sign with the Polo horse-and-rider logo and the words "Polo Ralph Lauren" hangs from a clapboard building.
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    Daphne Howland/Fashion Dive
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    Luxury demand strong amid consumer weakness

    A few brands are out of favor, while others are making a comeback, as consumers across income levels continue to shop for upscale goods.

    By Daphne Howland • Feb. 22, 2023
  • Exterior of an Allbirds store in Washington, D.C.'s Georgetown neighborhood
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    Caroline Jansen/Fashion Dive
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    What it takes to be a successful DTC brand in 2023

    Direct-to-consumer darlings like Warby Parker and Allbirds helped pave the way for more brands to enter the space. But now, the playbook has changed.

    By Caroline Jansen • Feb. 15, 2023
  • Two people carry a white bookcase as they cross a street.
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    Courtesy of Ikea US
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    Resale dominates National Retail Federation’s ‘Big Show’

    Secondhand goods present retailers with a lucrative sales opportunity at an uncertain time for the industry, according to several presenters.

    By Daphne Howland • Jan. 19, 2023