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wpadmin
The shoe industry is lending aid to Haiti after another deadly earthquake hit the country over the weekend. The 7.2-magnitude earthquake has killed more than 1,400 people and injured nearly 7,000, according to reports. The death toll is expected to rise as search and rescue efforts continue. Relief efforts have been hampered, however, due to...
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Levi’s and Naomi Osaka are creating something new from old stock.  The denim maker and tennis star teamed up for a four-piece limited edition Levi’s x Naomi Osaka collection this summer, with each piece made of vintage upcycled Levi’s denim.  Osaka worked with the brands design team on the collection, which draws on her style,...
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It’s a major week for retail earnings. Walmart, Target, Macy’s, TJX Companies, Kohl’s, Ross, and Tapestry Inc. all report earnings for the second quarter this week. Shipping delays, the impact of the Delta variant, and the back-to-school and holiday season are likely to be top of mind in the reports. Thus far, this retail earnings...
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NEW DELHI — Seeking a valuation of about $4 billion, online beauty player Nykaa, the largest in its space in India, has filed with the regulatory SEBI for an initial public offering with the Securities and Exchange Board of India. In a sector dominated by global players — U.S. e-commerce giants Amazon and Walmart-owned Flipkart,...
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PARIS — Zara owner Inditex is ramping up its sustainability initiatives, moving forward its zero net emissions ambition to 2040, instead of 2050 previously. At its annual general meeting Tuesday, the company unveiled an ambitious set of new targets including a number of actions on increasing its use of more sustainable textiles. “This is a...
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Prada and Adidas have teamed up once again, and just like their last drop, the collaboration will bring together high fashion and athletic wear. After introducing the collaborative Prada x Adidas A+P Luna Rossa 21 in a clean white-based colorway in December, the brands will deliver the shoe in “Core Black” and “Matte Silver” next...
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Augmented reality will soon be more than a retail novelty — and a large majority of consumers believe it will play a significant role in the future of shopping. According to a new report from Snapchat and Foresight Factory that surveyed 20,000 consumers across 12 global markets in May 2021, there will be a 33% increase...
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As consumers start getting back into the swing of things, they are looking to spend money on casual clothing, high-end jewelry and watches, and salon services such as haircuts and color. That’s according to a national poll conducted by Amex Trendex: Pent Up Purchases between June 2 and June 14, of 2,000 adults with a...
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Deckers Outdoor Corp. has been handed another victory in its legal battle against an Australian shoe company over the use of the word “Ugg.” On Friday, the United States Court of Appeals for the Federal Circuit affirmed a decision made in 2019, when the District Court for the Northern District of Illinois ruled in favor...
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As retail industry leaders and real estate executives virtually convene later this month for the International Council of Shopping Centers’ RECon Digital event on May 25 and 26, the current state of physical retail will be top of mind. When online sales soared during the COVID-19 outbreak, retailers had to rethink the role of their...
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