An opportunity has emerged for multi-brand retailers to drive revenue and own first-party data by creating their own digital advertising arms. But they’ll have to move faster than their competitors for a share of the competitive ad market.
This week, everyone will be talking about Virgil Abloh’s last collection and other Paris Fashion Week highlights, Dior’s massive new store and Nordstrom’s turnaround efforts.
Department stores are investing in private label brands, e-commerce offerings and product collaborations to capture younger consumers, but it remains to be seen if the strategy is working.
In The Week Ahead, we examine Nordstrom’s plans for 2021, the final rounds of bidding for Topshop and other Arcadia brands, plus a new documentary about the artificial world of influencers.
The American department store aims to sell $500 million worth of products from Black and Latino brands and diversify its management. Executives tell BoF how they plan to stay on track.
Amplified by a potential power shift from landlords to retailers and the need to seamlessly embed digital, companies will need to make tough choices to improve their return on investments.
Platforms like Nuorder and Joor dissolved many pain points for brands and retailers this selling season, but they may never be a perfect solution.
This week, Corey Smith was named vice president of diversity and inclusion at LVMH Inc., while Jimmy Choo veteran Hannah Colman was appointed chief executive of the luxury fashion house.
From once-a-year events to private access, retail experts and consumer psychologists share the best discounting strategies for getting customers to shop sales.
The Seattle-based company's online sales also fell 5 percent in the quarter ending on Aug. 1.
Retail sales recovered in June but analysts say the uptick will be short-lived. How can stores woo customers back?
Retailers are ordering less merchandise and cutting slower selling products from their stores to avoid a build-up of inventory.