Jen Atkin’s Editorial Site Mane Addicts Shuts Down, Lays Off Team
Ouai founder Jen Atkin’s 10-year-old editorial hair care site Mane Addicts has effectively shut down.
Laure Heriard Dubreuil
Searching for the Next Barneys
American luxury retail has changed, but customers are still hungry for the special feeling only an exceptional multi-brand store can offer. Can a crop of upstarts and a few savvy incumbents succeed where others have failed?
The Webster to Open First Store Outside the US
The American boutique has emerged as a winner in the pandemic even as other multi-brand luxury retailers face challenges
Power Moves | Vogue Italia Names Creative Director, Elle UK Announces Editor-In-Chief
This week, Vogue Italia appoints Ferdinando Verderi creative director, while Hearst UK names Ann-Marie Curtis’ replacement.
In US, Independent Stores Stage a Comeback
The 2008 financial crisis put many local American retailers out of business, but the survivors are now stronger than ever.
The Independent Boutiques Outfitting America
In a world where many brick-and-mortar stores are struggling, the ability to curate a buy for the quirks of local taste has given some independent retailers rare power.
The Business of Fashion Celebrates ‘America’
Industry leaders gathered together at a dinner to fête the latest special print edition examining the business of fashion in America.
News Bites | First Look at Givenchy Childrenswear, Flowerbx Funding, The Webster x Lane Crawford
In today's News Bites, a first glimpse of Givenchy childrenswear, Flowerbx closes a £1.5 million seed-plus round and The Webster partners with Lane Crawford.
Company Snapshot
After years as a merchandiser for Balenciaga and YSL, she decamped for Miami and brought the city brands like Margiela and Tom Ford.
The News in Brief
China, Travel Retail Weigh on Shiseido Earnings
Sales rose 4 percent on a reported basis, as consumer pullback from Japanese brands and inventory adjustments dragged down overall earnings.
Victoria’s Secret Jumps as Sales Decline Moderates
The lingerie maker said Thursday that its preliminary sales and adjusted profit for the quarter ended May 4 were at the high end or above its prior projections.
J.Crew Store Reopens in Soho
The American apparel chain will reopen a womenswear store in the retail neighbourhood since its last location closed in 2018.
Ferragamo Sales Down 17% in First Quarter
Revenues totalled 227 million euros ($244.5 million), below analyst expectations of 237 million euros according a LSEG consensus.
TikTok to Label AI-Generated Images, Video From OpenAI and Elsewhere
Researchers have expressed concerned that AI-generated content could be used as misinformation in an attempt to interfere with US elections this autumn.
US Online Retail Spending Up 7%, Driven By Demand for Cheaper Products
Sticky inflation has forced shoppers in various categories to trade down to more affordable products.
Tapestry Misses Quarterly Revenue Expectations
The company’s net sales came in at $1.48 billion in the quarter ended March 30, compared to analysts’ average estimate of $1.50 billion, according to LSEG data.