The Swiss luxury watch industry is generally a conservative affair. Enter Philipp Plein. Following the launch of his fashion watches with license partner Timex Group last year, the arch disruptor…
After disposing of its beer and cider business, Kent-based Chapel Down delivered healthy results for the year to December 2022 as a purely wine-focused company. Revenue rose by 10% over…
The term “experiential retail” has been much discussed of late. Frankly, it’s not new. Nike opened its first Niketown store in Portland, Oregon in November 1991, and American Girl debuted…
Livestream retail is the next evolutionary step of TV shopping. It takes the one-way video presentation of products to buy and engages shoppers interactively by allowing two-way communication with the…
OBSERVATIONS FROM THE FINTECH SNARK TANK Apple launched its “buy now, pay later” (BNPL) service in the US to compete for the more than $100 billion in purchases Americans making…
The National Retail Federation again is betting on the resilience of the American consumer, even in the face of ongoing inflation, and economic uncertainty. The Federation (NRF) released its 2023…
It’s tough to figure out whether Foot Locker’s latest results make it a flat-track winner, or a middle-distance plodder. On the one hand, the figures paint a pretty positive picture.…
With a “Richcession” threatening with affluent consumers expected to tamp down spending, the already-hot luxury resale market should enjoy an influx of new customers, spiking growth for the industry’s major…
Goodwill Industries launched its ecommerce platform GoodwillFinds five months ago, and quickly saw there was strong demand online for its thrift shop offerings. Now, the ecommerce site is adding new…
Jeff Gennette (60), CEO of Macy’s will retire at the end of the current fiscal year. Starting in February 2024, Tony Spring (58) will be president and CEO of Macy’s…