Weekend Briefing: Share prices for public companies drop even as revenues grow Last week, a number of fashion brands saw their share prices drop even as their revenues started to return to normal after a slow 2023.
Fashion Briefing: Fashion brands are flocking to Mexico to open stores and factories Kurt Geiger and Levi’s are just two of the fashion brands who are recognizing the growth potential of Latin America as a retail market. The whole region is expect to grow as a retail market by around 9% annually over the next four years. The French government agency Business France...
Week in Review: NRF’s highlights, Uniqlo’s lawsuit against Shein, Pharrell’s latest Louis Vuitton show This week, we talk about the recent boost in U.S. retail sales, the big conversations at the NRF conference, the legal battle between Uniqlo and Shein, and the Western-influenced Louis Vuitton show that kicked off Paris Fashion Week Men's.
TikTok Shop, outlet stores among brands’ new Gen Z-targeting strategies As younger shoppers age into the peak of their purchasing power, retail brands are working to stay on top of how those consumers prefer to shop.
‘Great talent is still critical’: Retail’s labor shortage can’t be filled by AI, execs say Processes like analyzing inventory allocation to stores and analyzing sales trends are all candidates for AI automation. But that doesn’t mean retailers have forgotten about the human element. Multiple executives in attendance at NRF said that talent is more important than ever. According to the U.S. Chamber of Commerce, jobs...
Weekend Briefing: Neiman Marcus, Burberry latest victims of luxury slowdown Last week, luxury’s slowdown continued. In response, some luxury brands may start turning to lower price points.
Authentic Brands Group continues licensing strategy with Sperry acquisition Authentic Brands Group has made billions in the last five years by buying up retail brands and turning them into licenses, allowing other companies to pay for the right to use the brands’ trademarks and copyrights.
Weekend Briefing: Can Frédéric Arnault reshape LVMH’s watch division? Frédéric Arnault, second-youngest son of LVMH CEO Bernard Arnault, took over as CEO of LVMH Watches last week as the company seeks to become a major player in the space.
Fashion Briefing: AI, an economic downturn and dupe culture are fueling legal battles across the fashion industry Several fashion brands are currently engaged in or have recently settled lawsuits over copyright infringement. It's a touchy issue at the best of times but the rise of generative AI, an ongoing economic downturn and the establishment of new and lightly regulated online marketplaces all serve to make these lawsuits...