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Retail
PARIS – Sephora said Wednesday that it has completed the acquisition of Feelunique, the U.K.-based online prestige beauty retailer. On July 23, Sephora announced it had signed an agreement with Palamon Capital Partners and other shareholders to buy Feelunique. Terms of the deal were not disclosed but a report valued Feelunique at 132 million pounds....
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Style trends are pointing in the direction of Lululemon Athletica. The Vancouver, British Columbia-based athletic apparel and accessories-maker revealed the results of a new survey today on evolving attitudes toward workplace apparel.  While the findings aren’t entirely new — 96 percent of consumers said they want to be comfortable — what is new is that...
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Research released this week from Shopkick, the shopping rewards app, showed significant concern about the COVID-19 Delta variant among consumers, which could impact how, where and why they shop. The report follows consumer behavior research from Gravy Analytics which looked at trends prior to the pandemic and compared them to now. Researchers at the firm...
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Despite the uncertainty surrounding the Delta variant and the coronavirus resurgence, exhibitors at the Atlanta Shoe Market were optimistic about the market heading into the end of 2021 and the beginning of 2022. “We feel like this is the best shoe show in the U.S.,” said Jud Taylor, general manager for Twisted X. “Buyers come...
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Collaborations are far from new, but designer brands and streetwear companies joining forces is on the rise, especially within the worlds of apparel and accessories. Today, StockX released a report highlighting the ascent. “Brand collaborations are among the most important features of the sneaker and streetwear space, yet there has been surprisingly little research into...
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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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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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