Authentic Brands Group taps New Guards Group to ‘unlock Reebok’s luxury potential’ Nick Woodhouse, president and CMO of ABG, told Glossy that this partnership is the chance to unlock Reebok’s potential. Reebok’s contemporaries like Nike and Adidas have had no problem straddling the line between streetwear, sports and luxury fashion. In Woodhouse’s mind, Reebok should have that same ability.
More than 70% of Macy’s 2021 transactions were tied to its loyalty program With nearly 20 million new customers shopping at Macy’s for the first time in 2021, the loyalty program is a key way that Macy’s has been turning those newcomers into repeat buyers.
Draper James goes all in on 500-store Kohl’s partnership Beginning on Monday, the brand is selling a collection of over 100 pieces designed with and exclusively sold at Kohl’s. The collection is nearly as large as Draper James’ entire main product catalog and will be sold in over 500 Kohl’s stores, as well as online at kohls.com.
How Neiman Marcus increased hiring and lowered turnover during a labor shortage Time-to-hire is down 32% since 2019; Neiman Marcus is hiring people an average of 22 days faster than it did three years ago. And its turnover rate is down 20% from 2019.
Week in Review: NYFW wraps, LVMH increases prices, Rebecca Minkoff sells This week, an NYFW recap, a look at LVMH's price increases and a discussion on Rebecca Minkoff's decision to sell to Sunrise Brands.
Inside Libby Wadle’s design-focused vision for J.Crew Two years ago, J.Crew filed for Chapter 11 bankruptcy, citing pressures from the pandemic but also pre-existing problems including a lack of cohesive identity and raised prices. According to Wadle, the way to get customers back on board with J.Crew is to lead with design and affordability.
In aim to be more accessible, maternity brand Hatch joins the denim rush Hatch co-founder and CEO Ariane Goldman said the excitement around denim had her thinking about this launch starting in 2020. Rihanna announcing her pregnancy with images of herself in a pair of chic, loose, light-wash jeans in January was especially fortuitous for Hatch’s timing, Goldman said.
‘Simpler is better’: The Yes’ Julie Bornstein on how to build an effective loyalty program Yes Funds quietly soft-launched in December of 2021, and Bornstein said she’s ready to talk about the lessons she learned from her time at Sephora and the way she’s applying them to the modern retail market. The key to a good loyalty program in 2022, she said, is to take...
NYFW Briefing: In New York, fashion designers put on a happy face Across the shows, designers on Day 2 were eschewing stuffiness and formality, in favor of looser gatherings with a focus on joy and happiness. Several designers characterized their presentations as “celebrations” and an antidote to the somewhat depressing atmosphere of the last few fashion weeks, disrupted by the ongoing pandemic.