Walmart’s marketplace ambitions and the impact of the ‘Wirkin’ With an increasing focus on third-party sellers and luxury goods, Walmart’s marketplace is becoming a key element of its growth strategy, and the numbers show it’s paying off. According to Walmart, the marketplace elevates the company's profile as a digital shopping destination by adding higher-profile, in-demand brands that its customers...
Fashion Briefing: How The Row cemented its luxury leader status in 2024 In 2024, 18-year-old The Row elevated its status from a coveted label among fashion insiders to a prominent player in the global luxury market. A capital raise, retail expansion and a focus on core values have defined the brand’s recent growth trajectory.
Inside Tory Burch’s big year, from a fragrance launch to viral products Tory Burch has long been a trailblazer in American fashion, seamlessly blending creative vision with business savvy since launching her brand in 2004. In 2024, the brand reached new heights, marked by new partnerships, the ongoing impact of a leadership restructuring and a growing commitment to empowering women entrepreneurs.
Fashion Briefing: How Denim Tears is getting ahead of fashion’s digital product passport era This week, we explore Denim Tears' digital product passport plans and the potential impact of DPPs on fashion as legislation looms. Also, a look into the potential comeback of fashion NFTs and the executive moves and news to know.
Why Veja drove customer loyalty, not sales, on Black Friday Veja’s Repair Friday event, held at their Paris HQ, provided an alternative to Black Friday by offering repair services for sneakers, clothing, electronics, and more. Partnering with brands and NGOs, the event promoted conscious consumption and sustainability, with over 500 repairs completed.
Black Friday drove a record $10.8 billion in US online sales On Black Friday, U.S. consumers spent a record $10.8 billion online, marking a 10.2% increase from 2023. Mobile sales accounted for 55% of all online transactions, according to data platform Adobe Digital Insights. Meanwhile, in-store foot traffic was down by 3.2%, according to insights agency RetailNext — there was a...
How Shein and Temu are using ‘dark patterns’ to drive holiday sales Dark patterns are driving fast fashion sales, as Shein, Temu and AliExpress face a slowdown amid rising scrutiny and competition.
Why Never Fully Dressed is promoting resale shopping for Black Friday Known for its playful prints and inclusive sizing, Never Fully Dressed opened a pop-up outlet store on November 1 that will remain open until December 15. The store, located in East London, is stocked with sample pieces, pre-loved items obtained from customers and unsold "archive" products from past seasons past....
Fashion Briefing: How Puma turned the Las Vegas Grand Prix into a major brand moment Puma is using the Las Vegas Grand Prix, held from November 21-23, as a high-profile platform to connect with the motorsport community and broaden its reach.