The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
Replacing Kohl’s existing beauty offering online and in-store, Sephora will open outposts in 200 Kohl’s stores in autumn 2021, with a view to expand to at least 850 locations by 2023. The shop-in-shops will be staffed by Sephora-trained sales advisors and stock an edit of over 100 brands.
The announcement follows news of a similar tie-up between Target and Ulta in November, as big-box essential retailers become strategic distribution networks for the beauty and personal care market. This isn’t Sephora’s first long-term retail partnership: since 2009, the beauty store has had a deal with JC Penney, which is just emerging from bankruptcy with plans to close hundreds of stores.
As digital advertising costs climb, fashion brands are embracing events like in-store happy hours, trunk shows and parties in various formats to generate brand awareness and drive sales.
The activewear brand’s revenue rose 24 percent year-over-year to $2 billion, reflecting growth driven by China, a successful loyalty programme and new categories
In a post-Covid retail landscape where consumers are seduced by the convenience of e-commerce, brands are introducing technology in store in an attempt to replicate that ease.
A potential US debt default threatens to spoil a surprisingly strong run by major retailers, which are seeing resilient consumer spending.