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Rue21 Files for Third Bankruptcy, Plans to Close all 500+ Stores

Retail TouchPoints

Seven years into its most recent comeback, teen fashion retailer Rue21 has filed for its third bankruptcy, citing “the continued growth of online shopping, industry competition, inflation and macroeconomic headwinds.” The company first filed for bankruptcy in 2002 , then again in 2017.

Planning 263
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Woolworths plans $370 million rebrand, upgrade of its NZ store network

Inside Retail

The rebranding is part of a $370 million, three-year transformation plan for the company which will see older stores revamped and an upgraded customer loyalty program. The post Woolworths plans $370 million rebrand, upgrade of its NZ store network appeared first on Inside Retail.

Planning 246
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With Acquisition of Complex, NTWRK Plans to Create a ‘Next Gen Content and Shopping Experience’

Retail TouchPoints

Buzzfeed has sold youth culture media company Complex to livestream shopping platform NTWRK , which plans to use the acquisition to build a “next generation content and shopping experience.” The fusion of content and live shopping creates an immersive experience tailored to the tastes of today’s digitally savvy consumers.

Shopping 173
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Denim brand Ksubi to open first standalone store in London

Inside Retail

Ksubi, the Australian denim streetwear brand, plans to open three standalone stores on two continents before the end of this year. Next year, the brand will mark its return home to its Australian roots, with stores planned for Sydney and Melbourne. .

Boutique 245
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How True Religion aims to be the latest Y2K-era brand to make a comeback

Inside Retail

The apparel brand entered the retail scene in 2002 and quickly became known for its vintage-inspired denim with wide, white stitching and recognisable smiling Buddha and horseshoe logos that were endorsed by celebrity icons such as Paris Hilton, Jessica Simpson and 50 Cent.

Fashion 130
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The fastest fashion: Why Incu has launched two-hour delivery with Uber

Inside Retail

Established in 2002 by twin brothers Brian and Vincent Wu, Incu has long been a staple of Australian fashion and is known for bringing a number of international brands to local shores. I recently went on a trip to Bali with my family, and I had planned to do a bit of running while I was there,” Low explained.

Fashion 262
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“Move fast, break s**t”: Why LSKD is moving into retail at a rapid pace

Inside Retail

Australian-owned and operated sportswear brand LSKD is opening its third retail space this year, as part of a plan to expand its retail presence before peak period. He said the initiative created a lot of energy and excitement over the shop launch, which saw lines forming from 5:30am on opening day. BMX origins. Giving back.

Wholesale 245