Archive
Fashion Industry News · CEO · Brick-and-Mortar · E-commerce and Click · Customer Behaviour · Data & Analytics · Store · Marketing.
Fashion retailer H&M has been facing a lawsuit accusing the company of misleading consumers with false sustainability claims. The proposed class-action complaint alleges that H&M’s advertising…
Boohoo, a popular online fast-fashion retailer, has recently reported a staggering £91 million loss as its annual sales dropped and the company grappled with an increased…
The Financial Reporting Council (FRC) has launched an investigation into Deloitte’s audit of the UK clothing retailer Joules for the year ending 30 May 2021. Joules,…
Chanel, the iconic French luxury brand, has recently opened its largest store in the United States on the prestigious Rodeo Drive in Beverly Hills, California. The…
Fast fashion group Boohoo is reportedly seeking a 10 percent discount from its suppliers in an effort to reduce supply chain costs. This demand applies to…
The fashion and luxury industry is dominated by several major corporations that have established themselves as leaders in the market. These conglomerates have diversified their portfolios…
Canadian fashion retailer Aritzia has experienced significant growth in fiscal year 2023 (FY23), with a 39.6% increase in gross profit, reaching $914 million. This impressive growth…
The super-rich have a penchant for understated dressing, often opting for simple and elegant styles that don’t scream wealth. This preference for “quiet luxury” or “stealth…
Skims, the Los Angeles-based underwear, loungewear, and shapewear brand, has recently expanded its wholesale business by opening a dedicated shop inside Saks Fifth Avenue’s New York…
Fast fashion e-retailer Shein has recently partnered with the Fashion Institute of Design and Merchandising (FIDM) to launch a scholarship program and design course for students.…