Latest Stories
Hermès, the renowned French luxury house, has been making significant strides in expanding its beauty product line. After witnessing a 15% increase in sales of beauty and perfume products last year, Hermès is now focusing on introducing new offerings to…
Snap, the social media giant behind Snapchat, has recently launched a new enterprise solution called ARES (AR Enterprise Services) to help retail businesses integrate augmented reality (AR) features into their own apps, websites, and physical locations. This innovative platform aims…
Ivy Park was initially launched in 2016 as a joint venture with Sir Philip Green of Topshop. When the partnership ended in 2018, Beyoncé’s Parkwood Entertainment acquired full ownership of the athleisure brand. In 2018, Beyoncé and Adidas joined forces to…
A luxury resale marketplace, The RealReal has decided to wind down its beauty business as it shifts focus towards its core luxury consignment operations. Amid economic uncertainty and increasing competition in the secondhand market, the company is reallocating resources from…
In the ever-evolving world of direct-to-consumer (DTC) brands, securing funding can be a daunting task. However, partnerships with established retailers can provide a powerful solution. By leveraging the strengths of both parties, DTC brands can tap into a wider audience…
Live shopping, a popular trend in China, has been touted as the next big disruptor in the US retail industry. However, despite significant investments from tech giants and retailers, live shopping has not yet taken off in the US as…
Rihanna’s Super Bowl Halftime Show proved to be a game-changer for her beauty brand, Fenty Beauty. The global popstar cleverly used the platform to showcase her makeup line, resulting in a significant boost in sales and brand awareness. In this…
Zillennials, a micro-generation born between 1990 and 2000, are a unique blend of Millennials and Generation Z characteristics. They have a strong work ethic like Millennials but also desire a better work-life balance, similar to Generation Z. This group places…
Foot Locker, a leading athletic footwear retailer, has announced plans to close 400 stores by 2026. This decision comes as part of the company’s strategy to become more relevant to younger shoppers by relaunching its retail brands, introducing “experiential” new…
Scotch & Soda, a Dutch fashion retail company known for its high-end casual clothing and accessories, has filed for bankruptcy for its Dutch operations. The Amsterdam-based company, owned by an affiliate of Sun Capital Partners, Inc., has faced serious cash…