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based operator of Forever 21 is preparing to close at least 200 of its approximately 350 stores in preparation for a potential bankruptcy, Bloomberg reports, citing people with knowledge of the matter. During her tenure she made a concerted effort to refresh the brand with a focus on younger consumers and enhanced omnichannel capabilities.
Retail TouchPoints and design:retail have unveiled the 2022 slate of 40 Under 40 Award winners. Winners were celebrated at a cocktail reception during the 2022 Retail Innovation Conference & Expo , held May 10-12 at McCormick Place in Chicago, and they will be spotlighted in a special report scheduled to publish in July 2022.
“Originally the event has always been based on trade with a consumer event later, and in the last few years we have seen them merging this and not investing in getting overseas buyers to come to Australia,” Phoebes Garland, co-founder of Garland & Garland, a fashion and lifestyle brandmanagement agency, told Inside Retail.
The sale is the latest move by the retailer to scale down during a difficult year that included cutting 500 corporate positions in September 2022, including roles at main offices in Asia. Baozun recently established Baozun BrandManagement (BBM), through which it will use its technology portfolio to cultivate brands.
There’s been a giraffe sighting at the American Dream mall in New Jersey, and this wasn’t just any old giraffe. Toys ‘R’ Us will open the doors of a new two-level , 20,000-square-foot flagship store at American Dream , just in time for the last few weeks of holiday shopping, and Geoffrey the Giraffe will be in residence.
Batteries Plus is in expansion mode; the retailer expects to add 60 franchised stores and open an additional 55 stores by the end of 2022. Prior to his hire at Batteries Plus, Detenber served as CMO for Artisanal Brewing Ventures where he led brand strategy, new product development and marketing.
Brandmanagement firm WHP Global has received a $375 million equity investment from funds managed by the private equity group of Ares Management Corporation to fuel its next wave of brand acquisitions. The transaction values WHP at $1.6 this summer.
The collaboration also extends to Skechers t-shirts, leggings, shorts and racerback longline bras, and marks the brand’s first coordinated apparel and footwear collaboration. Supplied Local and international growth According to Kinsella, Skechers had a milestone year in 2022. The brand achieved record sales of over $7.4
million in Q3 2022. The company’s total debt at the end of the third quarter was $274.7 million , and Express said at the time that it had engaged advisors to conduct “a comprehensive review of its business model” in order find ways to meaningfully reduce costs. In Q3 2023, which ended Oct. 28, 2023, and was reported on Nov.
As part of these efforts, Authentic has signed a licensing agreement with fellow brandmanagement firm Centric Brands , which will serve as the operating partner for Dockers across key categories in the U.S. million and also bought the Boardriders brands; and In July 2023 Authentic purchased the Rockport footwear brand.
Express has entered a broad-reaching partnership with brandmanagement firm WHP Global , owner of the Toys ‘R’ Us , Babies ‘R’ US and Anne Klein brands, among others. The deal includes plans to acquire “multiple” fashion brands as well as the expanded monetization of the Express brand through global licensing partnerships.
After less than two years at his post, Laxman Narasimhan is stepping as CEO of Starbucks. 1, 2022, he officially assumed the role on March 20, 2023. Yet the brand has strayed from its successful strategy of offering customers transporting European café experiences and, in the process, has essentially commoditized itself.”
In celebration of five decades in music, one of the world’s most iconic bands, Queen, will feature in a dedicated experiential pop-up shop at 57 Carnaby Street that opens tomorrow, Tuesday 28th September. The store opens to the public tomorrow morning at 11am with an exclusive launch of a limited edition vinyl of Queen The Greatest Hits.
As a result, VF had to write down the value of the brand and sell it at a loss. However, as painful as it is, the disposal is correct as VF needs to focus on its core brands without the distraction of Supreme.” million in 2022 to US$523.1 Supreme’s revenue was down from US$561.5 million from US$82.4
per cent take in the Richemont-owned luxury fashion e-commerce company Yoox Net-A-Porter, was approved by the European Union, seven months after the UK Competition and Markets Authority gave its stamp of approval, and over one year after the deal was first announced in August 2022. This week, Farfetch’s proposed acquisition of a 47.5
has partnered with the global brandmanagement firm WHP Global — which owns the Toys ‘R’ Us and Babies ‘R’ Us brands as well as a stake in Express — to acquire the New York-based fashion brand Rag & Bone. and two stores in the UK, and the brand also is sold in boutiques, department stores and online globally.
Photo courtesy of TikTok Shop While the ecommerce functionality has been available to at least some users since late last year, today marks the service’s debut to the wider TikTok community, and to say that both consumers and brands have been eagerly anticipating this development might be an understatement. in November 2022.
. “Our customers have been delighted by the launch of Toys ‘R’ Us in WHSmith stores, so we are excited to have signed a new exclusive agreement which extends our partnership with the brand,” said Sean Toal, Managing Director at WHSmith High Street in a statement. ” The rollout of Toys ‘R’ Us in the U.S.
“The economic reasons behind the losses are elevated interest rates and weak consumer and business confidence in Hong Kong, which has affected rental income and property valuation,” Gary Ng, senior economist at Natixis, told Inside Retail. “It per cent at the end of last year compared to 41.4 per cent at Sun Hung Kai Properties. “A
Here’s one thing he’s learned about that generation, both at work and at home — they want what they want when they want it. “My Hawkins — who was hired in February 2022, just one month after former Paper Source CEO Winnie Park was appointed to lead the brand — is central to that effort. “We
The offer was at capacity within 10 minutes of going live, and the team completed 300 mini-facials across two days. A gym membership for your skin In addition to the pop-up with Magnum at Bondi Beach, the membership-based skin clinic recently opened a second location in Sydney’s Neutral Bay.
Earlier this month, Desigual partnered with Melbourne-based brandmanagement firm O’Rourke Showroom to unveil its spring-summer collection, further expanding its retail distribution in Asia Pacific. IR: Can you touch on Desigual’s brand refresh a few years ago? BK: We stepped onto a completely new path in 2022 indeed.
Over the last four years, the brand has built a strong direct-to-consumer and retail presence and loyal consumer base, thanks to its variety of brightly colored and boldly patterned intimates and other apparel, and a marketing strategy centred on micro-influencers and user-generated content. billion views and counting.
The Shop, ‘Queen The Greatest’ will open on Tuesday 28th September 2021 until January 2022 with a line-up of limited edition music releases, exciting fashion collaborations and lifestyle products with weekly new product drops and events.
in November 2022. If Educational Insights is any indicator, it’s as game-changing as brands hoped it would be. Educational Insights first launched its shop in April 2023, and Lee Parkhurst, Senior BrandManagerat the company, said they’ve “been quadrupling our business month over month since.”
It’s 2022 and while small steps are being made towards a more inclusive fashion future, such as the first ever plus size fashion show and greater overall diversity on the catwalk at Australian Fashion Week, there is still a long way to go. At LeukBook, many of our brands go to a size 26, with some offering up to a size 38.
The Shop, ‘Queen The Greatest’ will open on Tuesday 28th September 2021 until January 2022 with a line-up of limited edition music releases, exciting fashion collaborations and lifestyle products with weekly new product drops and events.
“We’re a sports company, but I also see us as a movement and wellness company – this means embracing and celebrating all forms of movement and all health journeys, and being your authentic self,” said Liz Weldon, VP of Global Nike Women’s brandmanagement. “We We’re really trying to learn how to grow and work with our community.
Now, as customers start to engage with brands more holistically again, interacting both in-person and virtually, organizations across all sectors need to ensure they are able to meet customer expectations at every touch-point to retain their customers. That cup of Starbucks killing the pocketbook? Follow on Twitter: @Hyken.
The fragrance wall will feature five of the brand’s most loved, perfumer-developed fragrances – Midnight Blooms, Linen Fresh, Lemon Zing, Mountain Air and limited-edition Sweet Pea – that will release a beautiful burst of fragrance at the press of a button. Cardiff (St Davids) – 20 th August.
But how did a brand that less than 10 years ago was a perennial overperformer, end up in this position? Retail Gazette takes a closer look at what went wrong at Ted Baker. Short term strife Ted Baker’s UK operator No Ordinary Designer Label (NODL) filed a notice to appoint Teneo as administrators in March.
FJ Benjamin, a leading brandmanagement company in Singapore with a portfolio of more than 20 iconic brands including Cole Haan, Marc Jacobs, Rebecca Minkoff and Guess, is back in the black after announcing a full-year profit of $3 million in FY22. Nash Benjamin, CEO of FJ Benjamin. Things are picking up.
It will continue to evolve the concept that we rolled out last year at Karrinyup and Robina – really open [with] a lot of space to come in and enjoy the store environment and lovely marble finishes and brass finishes throughout the store. We’re planning for that to [launch] mid 2022. They will be our key focus. Hopefully, June.
The Shop, ‘Queen The Greatest’ will open on Tuesday 28th September 2021 until January 2022 with a line-up of limited edition music releases, exciting fashion collaborations and lifestyle products with weekly new product drops and events. 28th September 2021 – January 2022. Queen The Greatest – 57 Carnaby Street, London, W1.
(CustomerThink) Change encourages adjustment, after all, and retailers had a lot to adjust to in 2022. My Comment: I love learning from major brands (like Walmart and McDonald’s). This time we take a look at loyalty programs and the changes these brands made that may need to be “fixed” in the near future.
Q1 trading at the capital’s leading premium fashion and lifestyle outlet destination reached over £19.7m – an increase of 17 percent compared to the same period in 2022 and 5 percent on pre-pandemic levels (2019). percent when looking at the first quarter of 2023 versus the same quarter in 2019.
For example in the UK, for the launch of Lush x Stranger Things, Lush had its most engaged tweet of all time, since the brand account was created in 2009, when posting a sneak peek. explains Melody Morton on the synergy between the brands. Despite this, the bathing duo triumphed generating a 6% increase versus target turnover.
Each stylist will model items from the 2022 Pride collection and share their personal connections with the community. Lane Bryant will further support Pride Month with a digital campaign featuring Lane stylists who work in the retailer’s stores and are part of the LGBTQ+ community.
The brand recently teamed up with athleisure brand The Upside on vegan shoes and a tennis capsule that was on display at the Australian Open, and last year it worked with ice cream company Streets on a pair of summer shoes. In 2019, Volley’s brandmanager John Szwede told News.com.au
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