Latest Stories
Ebay is set to open a unique sneaker pop-up store in Chicago, celebrating the birth and rise of the iconic Air Jordan 1. The ’85 Shop, located at 1045 W Fulton Market, will be open for two days only, from…
Revlon, a cosmetics giant with a 91-year history, filed for Chapter 11 bankruptcy in June 2022 due to its $3.5 billion debt load and pandemic-related disruptions. The company struggled to make timely payments to critical vendors in its cosmetics supply…
Pinterest has recently announced the expansion of its Creator Inclusion Fund program, which aims to support creators from underrepresented communities. The program was initially launched in 2021 with a $500,000 fund, and an additional $1.2 million was allocated last year.…
A popular online fashion and homeware Australian-owned retailer, EziBuy has recently entered administration due to a significant decline in sales. Owned by ASX-listed Mosaic Brands, EziBuy experienced a 51% drop in sales during the first half of the 2022-23 financial…
The beauty industry has proven to be resilient in the face of economic challenges 2023, as evidenced by the lipstick index. Data shows that the beauty industry is holding its own despite inflation. ‘The lipstick index’, a term coined by…
Express Inc., a well-known fashion retailer, faces delisting from the New York Stock Exchange (NYSE) due to its inability to meet the required trading criteria. The NYSE had notified Express in September that it had breached compliance with its continued…
Bath & Body Works, a renowned brand in the personal care and home fragrance industry, has recently launched an entirely new product line called Moxy. This innovative collection focuses on skincare, haircare, and wellness products, marking a significant expansion for…
Neiman Marcus Group, a leading luxury fashion retailer, has announced its commitment to a fur-free future by 2023. In June 2022, the company adopted a new Animal Welfare Policy and pledged to eliminate fur products from its assortments, including Neiman…
Lululemon Athletica, a leading athletic apparel company, has continued to dominate the market with its impressive performance in 2022. The company’s revenue for the fiscal year ended January 29, 2023, exceeded expectations, reaching $8.1 billion. This represents a 30% increase…
Morphe, a Los Angeles-based cosmetics and beauty manufacturer founded in 2008, faced bankruptcy due to liquidity and operational issues resulting from the COVID-19 pandemic, changes in consumer beauty habits, and the termination of partnerships with certain influencers. Forma Brands, Morphe‘s…