Latest Stories
Loyalty is the currency of retail success. But Kohl’s learned this lesson the hard way, watching its sales nosedive after shifting focus away from its core customer base. The retailer recently reported a staggering 6.5% drop in comparable sales year…
Build-A-Bear Workshop capped off its fourth consecutive year of record financial performance, announcing robust fiscal 2024 results alongside a 10% increase in its quarterly dividend. The company’s strategic focus on global expansion, asset-light growth, and shareholder returns drove sustained momentum despite inflationary…
As I walk past another Forever 21 liquidation sale—the second in six years—I’m not struck by the company’s demise but rather by the audacity to blame economic factors when a series of boardroom failures is to blame. I’ve watched this…
As of 2025, Generation Z—the 70 million Americans born between 1997 and 2012—has solidified its role as the most influential demographic in US fashion, blending nostalgia, sustainability, and digital-first shopping habits to redefine industry norms. With an average annual apparel spend…
When I heard Hudson’s Bay announcing the liquidation of its entire business in Canada, I wasn’t surprised. As arguably the largest department store in Canada with a 350-year history, its closure sends shockwaves through the Canadian retail landscape. However, to…
Tennis legend and entrepreneur Serena Williams has debuted her inaugural children’s clothing line, Serena Williams x Janie and Jack, a 35-piece spring collection celebrating family bonds and vibrant self-expression. The limited-edition line, available since March 12, 2025, at Janie and…
The global luxury market is walking a tightrope between tradition and transformation as it approaches 2030. While wealth creation and digital natives fuel growth, brands face a perfect storm of generational shifts, sustainability demands, and regional economic swings. The global…
The global luxury fashion industry, once buoyed by relentless post-pandemic demand, now faces a prolonged slowdown with growth projected at just 1–3% annually through 2027, according to McKinsey & Company’s State of Luxury 2025 report. This starkly contrasts the 5% CAGR achieved between 2019…
Over the past two years, the luxury industry’s customer base has contracted by approximately 50 million consumers, shrinking from 400 million to around 350 million by the end of 2024. Younger shoppers, particularly Generation Z, show declining brand advocacy and…
Gucci has reclaimed its position as the most successful luxury brand on Douyin, China’s popular short video app, surpassing Ralph Lauren. According to a Statista report, during the week from February 23 to March 1, 2025, Gucci achieved over 226,000…