Weekend Briefing: Mass fashion stalwarts like Nike and H&M face stiff competition Last week, major mass fashion brands like Nike and H&M stumbled amid stiff competition from newer rivals.
Lanvin is trading experimentation for stability with new artistic director hire The lack of strong creative leadership has led to a flat period for Lanvin and its parent company Lanvin Group. As of last summer, the brand’s sales were down 10%, and by the beginning of this year, the entire group’s revenue had grown only 1% from quarter to quarter.
Week in Review: Shein’s IPO, Amazon’s low-price competitor, LVMH’s expanding portfolio This week, we talk about the confidential IPO filing by Shein in London, the effect of Shein’s low-price model on industry players like Amazon and the ever-growing portfolio of LVMH.
Luxury Briefing: Sports betting is a big opportunity for luxury brands — with big risks In 2018, the Supreme Court struck down a longstanding federal law disallowing sports betting in the U.S. Six years later, platforms like DraftKings, FanDuel and ESPN Bet have quickly turned sports betting into a huge part of sports culture, with more than $120 billion worth of bets placed last year....
Foot Locker’s new loyalty program prioritizes product access, omnichannel Both the new FLX Rewards program and the new app are focused on two things, according to Foot Locker’s chief customer officer, Kim Waldmann: improving the connection between Foot Locker’s online and offline retail, and giving customers better access to limited products.
How swimwear brands geared up for a competitive summer For most swimwear brands, summer is when the majority of sales happen. With more competition in the growing $20 billion industry, swimwear brands are rolling out new campaigns and collaborations to win market share.
Weekend Briefing: The Olympics brand sponsorships keep on coming As we get closer to the Olympics, more fashion brands are getting in on the opportunity to sponsor teams and work directly with athletes.
- Week in Review: Golden Goose postpones IPO, Galeries Lafayette bounces back, Celine embraces Pilates
This week, we talk all things luxury, including Golden Goose’s postponed IPO due to Europe's rough economic climate, Galeries Lafayette’s bounceback and plans for the Olympics, and Celine’s new Pilates-themed collection.
More brands are turning to Pinterest for its Gen-Z audience and organic growth potential The ability to reach Gen-Z shoppers, along with the platform's recently launched capabilities, like collages and shoppable carousels inclusive of videos, has made Pinterest an increasingly attractive option for brands. Brands are also drawn to Pinterest’s potential for organic growth without the pay-to-play requirements of other platforms like Meta.