What is the de minimis exemption, and how will its changes affect US e-commerce The de minimis exemption is a ruling in U.S. import law established at the beginning of the 20th century that eliminates duties and taxes for imports below a certain price threshold. Originally, that was just $200, but it was raised to $800 in 2016. The administration said that, in the...
How Foot Locker is keeping its brand partners close as it returns to growth Foot Locker’s 50th anniversary arrived this year at a time when the retailer is in transition. A year into it’s Lace Up plan, a revitalization effort spearheaded by Foot Locker’s CEO Mary Dillon, Foot Locker has just exited multiple international markets like South Korea and parts of northern Europe. It’s...
How Clinique launched on Amazon without cannibalizing sales from its other retail partners Speaking at Digiday’s Retail Media Strategies event on Thursday morning, a joint event hosted by Glossy and its sister publications Digiday and Modern Retail, Maiah Martin explained the intricacies of Clinique’s wholesale retail strategy. Wholesale makes up more than 80% of Clinique’s sales, so keeping retailers like Ulta happy is...
Fashion Briefing: Resellers push against double taxation on secondhand goods This week, we take a look at the resellers pushing against the imposition of sales tax on secondhand goods. Also, we talk to designers Rachel Antonoff and Alexandra Korn about their NYFW experience and future collaborations.
NYFW designers are embracing versatility to keep the aspirational customer At NYFW on Monday, shows from designers across a spectrum of price points showed one common thread: (versatile} eveningwear is back.
John Varvatos makes its return to NYFW with new leadership and a new vision The first day of New York Fashion Week this season was also a number of firsts for John Varvatos. It’s the first fashion show the brand has held in five years, its first since it came out of bankruptcy four years ago, its first without brand founder John Varvatos who...
Why the Nordstrom family wants to take the business private The Nordstrom family’s intentions have been known for months, since the first reports of their desire came out in March and through multiple reports on potential acquisition partners like Sycamore Partners. On Wednesday, Nordstrom, the company, put out a statement confirming receipt of the proposal from the Nordstrom brothers and...
‘Wonderwall Fall’ is upon us as Oasis reunion stokes the ‘90s revival The reunion's press release remarked on its momentousness, stating dramatically, “The guns have fallen silent. The stars have aligned. The great wait is over.” Within days, the hard-to-secure tickets prompted U.K. lawmakers to initiate a potential investigation into Ticketmaster’s pricing structure. An estimated 14 million people tried to buy tickets...
Glossy Research: 63% of brands will invest in IRL events this fall According to a survey conducted by Glossy and Modern Retail of around 60 fashion brands, IRL events are the No. 1 form of advertising that brands are focusing on this year. Sixty-three percent of brands surveyed said events are an area of increased investment this fall. Comparatively, the next most...