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Michael Kors a drag in Q1 as Jimmy Choo kicks revenue up 10%
Owner Capri Holdings suffered from woes at its larger label, as total revenue fell more than 3% compared to last year, though margins and profits expanded.
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Why Nike is trying to reignite its sportswear business with a hoodie
Studio Fleece, the retailer’s latest line, aims to recreate a series of wardrobe staples for women, Nike’s Jill Gonzalez told Retail Dive.
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Bed Bath & Beyond Inc. changes corporate name again, relocates headquarters
The rebrand to Neighborhood Intelligence underscores the company’s ambitions to move beyond retail and into home services.
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Barbie is ready to be a ‘fashion icon’
While Mattel is entering a new chapter with the doll, it swung to a net loss in Q2.
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Podcast
The Backroom: How long can the consumer hang on?
Discretionary retail sales have been surprisingly strong so far this year. The team discusses the reasons why and what that might mean for the rest of 2026.
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Best Buy picks Nordstrom alum for CFO
Anne Bramman succeeds Matt Bilunas, who left the retailer last month after serving as its finance chief for seven years.
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Under Armour hits play on K-pop partnership
The company named BoyNextDoor as global brand ambassadors as it works on an Asia-Pacific rollout of its Bouncy Tee line.
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How Walmart uses AI to limit weather disruptions in its supply chain
The retailer uses technology to determine how to reroute or position inventory before severe weather events occur.
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High-income shoppers drive revenue gains at Wayfair
Despite continued housing market uncertainty, the company’s upscale Perigold banner experienced growth, increasing by over 35% in Q2.
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GameStop resorts to $1.4B debt swap to preserve cash
The retailer forged a private deal with its lenders to trade loans due in four to six years for shares of its Class A common stock.
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Inside Canada Goose’s journey to reconnect with nature
Brand platform “Natural Intelligence” spotlights tornado chasers and outdoor adventures to reconnect the brand and its audience to the natural world.
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Private equity firm tries again to buy 100-plus J.C. Penney stores
Onyx Partners, whose previous bid fell through, is offering $934 million for the properties.
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As the holidays near, two-thirds of shoppers are using AI
Consumers are looking to AI this holiday season to sift through products and search for bargains, according to Attentive.
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Walmart, Wing launch drone delivery service in Florida
The offering, which will cover five Orlando-area stores, is part of an expanding partnership between the two companies.
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Retrieved from Digital Brands Group on January 03, 2024
Digital Brands Group considers sale, merger
The apparel conglomerate is undergoing a strategic review and has retained financial advisers.
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Rare Beauty draws inspiration from Greek mythology for global campaign
The Selena Gomez-founded cosmetics brand’s new effort around its second fragrance spans social, out-of-home, retail and paid digital.
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American Eagle Outfitters to open $41M North Carolina distribution center
The facility, which will service the Southeastern U.S., is expected to start operations in early 2027 and create over 200 jobs.
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NRF finds shoplifting stabilizing as online fraud grows
Phone and gift card scams, plus supply chain vulnerabilities like cargo theft, are top concerns for loss prevention specialists at over 60 major retailers, according to a report Thursday.
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Crocs tops $1B in quarterly revenue for the first time
Heydude continues to struggle, with a nearly 6% drop in revenue, and wholesale declined at both brands.
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Amazon to add supply chain facilities in New York, Texas
The e-commerce giant is in the early stages of building a distribution center in the Lone Star State while prepping a Long Island operations site.
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Kohl’s board chair exits
John Schlifske announced his retirement and director Wendy Arlin has stepped into the role.
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Amazon Prime Day details elusive as AWS takes centerstage
The company’s Q2 online store net sales grew 15%, but Amazon has pared back the public release of details on how the major sales event fared.
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Adidas apparel outshines footwear during World Cup quarter
The brand — which also announced a CFO transition — saw apparel net sales jump 34% in the second quarter.
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1 in 4 dollars spent on AI goes to waste
More than half of businesses lack a dedicated owner for AI costs, which can lead to overspend, according to a Harness report.
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Kohl’s debuts AI shopping assistant
What started as a Mother’s Day Gift Finder has evolved into a digital shopping assistant that aids with product discovery.