What We're Reading: Page 61
Industry reads hand-picked by our editors
Nov 29, 2023
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CNBC
Americans are ‘doom spending’ — here’s why that’s a problem
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Glossy
Fragrance sales are surging, so how will MoCRA change things in 2024?
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Women’s Wear Daily
Liz Rodbell Named President and CEO of Hudson’s Bay
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Business of Fashion
Cartier Owner Richemont Won’t Inject Cash Into Farfetch
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PYMNTS
Brands Target Families With Children to Boost Cross-Sales and Loyalty
Nov 28, 2023
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Business of Fashion
Don’t Be Fooled by a Robust Black Friday Weekend
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Women’s Wear Daily
Cyber Monday Out-clicking Black Friday
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CNN Business
Empty Bed Bath & Beyond stores are hot real estate. Here’s who’s moving in
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PYMNTS
Retailers Play the Value Card to Capture Consumer Spend
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Fashion Dive
Early holiday luxury apparel sales stagnate: report
Nov 27, 2023
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PYMNTS
Buybuy Baby CEO Shares What Went Wrong and What They’re Changing
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CNBC
It’s TikTok Shop’s first Christmas, and shoppers are torn between hot deals and ethics
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Business of Fashion
Unpacking Beauty’s End-of-Year Price ‘Hacks’
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The Wall Street Journal
Owners Keep Zombie Malls Alive Even When Towns Want to Pull the Plug
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Modern Retail
Beyond theft, inventory management issues plague retail shrink
Nov 22, 2023
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The Guardian
‘They’ve worked us to death’: Macy’s workers to strike on Black Friday
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CNBC
Urban Outfitters’ clothing rental service Nuuly reaches profitability
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PYMNTS
November BNPL Spending Set to Soar to Record $9.3 Billion
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Women’s Wear Daily
Gucci Sues Several Retailers, Alleging They Sold Counterfeit Products
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The New York Times
Retailers Need You to Buy That Diamond Ring. No, Seriously.
Nov 21, 2023
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Business of Fashion
Saks Owner Raises $340 Million After Retailer Didn’t Pay Vendors For Months, Sources Say
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CNBC
Abercrombie & Fitch raises outlook after quarterly sales surge 20%
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Women’s Wear Daily
Canada Goose’s Executive Leadership Team Hits the Sales Floor
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Reuters
American Eagle raises annual revenue forecast on strong holiday-season demand
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Business Insider
Sephora Is Locking up Perfumes in Stores
Nov 20, 2023
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PYMNTS
Bed Bath & Beyond Investor Blasts Company’s ‘Poor Behavior’
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Business of Fashion
At Lululemon, Being Black Is ‘Off-Brand’
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CNBC
Black Friday came early this year, signaling worries about holiday demand
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Reuters
Amazon may have convinced court to nix order protecting pro-union workers
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Modern Retail
Why Uggs are taking over the shoe world
Nov 17, 2023
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CNBC
Amazon says employees may not get promoted if they ignore return-to-office mandate
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Reuters
Bankrupt Rite Aid sues US Justice Dept to stop opioid lawsuit
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The Wall Street Journal
The Estée Lauder Family Built a Beauty Empire. A Succession Rift Threatens It
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The New York Times
Muslim Runner Says She Was Cut From Lululemon Campaign Over Religious Identity
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Fashion Dive
Columbia names new president of Sorel brand
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