JD Sports CEO Blames Nike for Slumping Sales
Shoppers “get bored very quickly,” Régis Schultz, JD Sports’ CEO, said.
Beauty and clothing subscription boxes saw a surge in new customers during Covid-19. Can they navigate the business model's high costs and low retention levels?
"Nike Adventure Club will send kids new shoes at regular intervals—but it’s what happens when they grow out of them that Nike hopes will appeal to
Inspired by a traditional Japanese custom, popular beauty brands like Colourpop, Tatcha and Charlotte Tilbury are selling mysterious ‘lucky bags’ filled with products. But are shoppers being duped?
The subscription service, introduced in December 2017 in partnership with Bombfell, works in a similar way to Stitch Fix.
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Retailers including Ann Taylor and Express are testing monthly subscription services as a complement to their sales model. Is the mass consumer ready for the rental model?
As the business of flowers becomes increasingly trend-driven and social media savvy, fashion folk are tapping the opportunity.
"The company sees itself as a service that allows customers to experiment with new trends, try things they’re unsure about, and add options to their
So far, most have focused on selling through websites of "e-tailers" or traditional retailers, but companies including Nestle, Diageo and Unilever are experimenting with other models such as delivery on demand and subscriptions with automatic replenishment.
So far, most have focused on selling through websites of "e-tailers" or traditional retailers, but companies including Nestle, Diageo and Unilever are experimenting with other models such as delivery on demand and subscriptions with automatic replenishment.
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Shoppers “get bored very quickly,” Régis Schultz, JD Sports’ CEO, said.
British sportswear retailer JD Sports said trading conditions remained challenging after its like-for-like sales dropped in January, resulting in fourth-quarter growth of just 0.1 percent.
Luxury watchmaker Favre Leuba plans to unveil more than two dozen timepieces later this year, priced as much as 24,000 Swiss francs ($26,489), as part of a brand relaunch that seeks to expand the Swiss pioneer’s appeal beyond its majority Indian consumer base.
L Catterton, backed by French luxury group LVMH Moet Hennessy Louis Vuitton SE, is launching a new vehicle to invest in Indian consumer-sector companies as it increases the focus on the fastest-growing major economy in the world.
The online market for secondhand apparel hit $20 billion in the US in 2023 and is expected to more than double over the next five years, according to a new report from ThredUp and Global Data.
The Swedish retailer recorded operating profit of 2.08 billion Swedish krona ($196 million), with operating margin more than doubling from the year before.
Major UK fast fashion retailers will change the way they promote the environmental credentials of their clothes after being accused of greenwashing by a UK watchdog.
The luxury parka retailer’s job cuts follow two quarters of single-digit sales growth after increases of more than 20 percent the previous two periods.