UK Warns 17 Fashion Brands on Greenwashing
The country’s Competition and Markets Authority has written to ‘well-known’ labels advising them to review their practices after issuing a new compliance guide for the fashion sector.
consumers
Latest News & Analysis
Macy’s Targets Menswear Shoppers With New Private Label
Macy’s newest private label, “Mode of One,” is taking aim at the contemporary menswear shopper as the retailer tries to shore up its men’s apparel business.
Victoria’s Secret Relaunches Activewear Line VSX
The lingerie giant is set to reenter the category it exited in recent years with a new performance-driven collection.
How Franchising Can Help Beauty Start-Ups Grow
More brands are charting brick-and-mortar expansions through franchise partners despite the challenges that come with the business model.
Trinny London Opens Its First Flagship Store
The UK-based digitally native beauty start-up’s yellow storefront on King’s Road is a major element of its push to reach $100 million in annual sales.
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Mass Retail’s New Favourite Collaborators: Buzzy Men’s Brands
Mass-market retailers and emerging designers connected to streetwear and subcultures around it are teaming up to reach the next generation of menswear consumers.
Cult Gaia Gets Into Beauty With Fragrance Line
This week, the womenswear and accessories label is launching its first fragrance line. The three $228 scents are a major push towards its goal of becoming a full lifestyle brand.
Hong Kong Luxury Shops Sit Empty as Chinese Spending Plunges
Banks and fast food restaurants have taken over spaces once leased to the likes of Omega and Burberry in the iconic shopping destination.
Why Menswear Is Getting a Marketing Refresh
As critics argue that menswear labels’ homogenous marketing style has made for a feeling of boredom and sameness in the sector, start-ups are beginning to invest in imagery that will set them apart from their competitors.
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A Reality Check for Temu
Growth is slowing, competition is getting intense and regulators have the fast-fashion retailer in their sights. But despite investor panic over its prospects, Temu remains an e-commerce powerhouse — one that Western competitors must continue to watch.
Retail
Consumers Are Still Spending, but Retailers Are Bracing for Impact
Gap, Foot Locker, Abercrombie and other retailers issued cautious outlooks for the remainder of the year even as they reported strong second-quarter sales. It’s the latest indication that all is not well with American consumers.
Consumers Are Still Spending, but Retailers Are Bracing for Impact
Gap, Foot Locker, Abercrombie and other retailers issued cautious outlooks for the remainder of the year even as they reported strong second-quarter sales. It’s the latest indication that all is not well with American consumers.
Social Media’s Unsavoury Upside for Luxury Brands
Social media is causing feelings of inadequacy that consumers try to make up for with luxury purchases, Bernstein analysts argued in a recent research note.
Japans’ Secondhand Fashion Boom Is Bigger Than the Weak Yen
While the yen’s plummet drove a rush of international shoppers looking for bargains, Japan’s famously robust secondhand fashion market is set to keep growing even as the currency bounces back.
The News in Brief
Zegna CEO Still Betting on China Despite Uncertain Growth
The Italian fashion house remains committed to its medium-term expansion strategy in China, prioritising marketing and made-to-measure services despite economic uncertainties.
Chanel Buys 42 Avenue Montaigne Amid Real Estate Arms Race
The French fashion giant purchased the property as European luxury players battle to secure landmark locations for their boutiques.
Ozempic ‘Very Likely’ to Face Drug Price Negotiations, Novo Says
The US Centers for Medicare and Medicaid Services will announce the next set of 15 retail prescription drugs selected for negotiation by February 1, 2025.
EssilorLuxottica Extends Smart Glasses Partnership With Meta
Although the launch of the first smart glasses struggled to gain traction among consumers, the latest version, introduced in late 2023, has sold more units in a few months than the previous ones did in two years.
US Retailer Holiday Hiring Set to Be Lower Than Last Year
US retailers are set to hire fewer seasonal workers this holiday season — 520,000 versus 564,200 last year — reflecting a softer labour market and tighter consumer spending, according to a Challenger, Gray & Christmas report.
US Retail Sales Post Surprise Gain, Helped by Online Stores
US retail sales unexpectedly rose by 0.1 percent in August, driven by a boost in online purchases, even as mixed results across other categories and declining receipts at gas stations highlighted broader economic challenges.
Burberry’s New CEO Pledges He Won’t Take Brand Down Market
Joshua Schulman has pledged to maintain the brand’s elevated positioning while improving price balance, countering speculation that he might steer the iconic British label down market.