China tops the list when it comes to ecommerce opportunities in retail bursting to an estimated $271 billion in the next five years. This result comes from a recent study by A.T. Kearney, a global consultant and managing firm that reported the results of the Global Retail E-Commerce Index rankings today, November 18, 2013. From […]
Teen retailer Abercrombie & Fitch continues with their new plans at streamlining strategies and getting back to a core brand focus by announcing the closure of their Gilly Hicks stores by Q1 of 2014. Gilly Hicks as a brand however, will be relocated online and in their Hollister stores. At the announcement on November 6, […]
Billabong continues to struggle along, this time by selling 92 West 49 retail stores across Canada to YM Inc., owners of Sirens, Stitches, Urban Planet, and Bluenotes for approximately C$9 million-C$11 million or between USD $8.6-$10.5 million. In a statement Neil Fiske, CEO of Billabong, said, “The sale of West 49 is part of our […]
Bread & Butter in Berlin has launched their next campaign for their upcoming show, January 14-16, 2014 at the Airport Berlin Tempelhof called “Ich Bin Ein Berliner” meaning I am a Berliner. The idea, according to the trade show is to bring the feeling of Berlin to everyone around the world interested in the industry […]
As we reported last week in our Sustainability Round-up story, H&M Conscious Foundation launched a program to gather information from employees and customers as to which 3 top global issues the Foundation should address in the coming year. The results are in with the top issue being Water: defined as “safe access to clean water […]
While Nike tends to still hold fast to the notion that sneakers are not fashion, but are first and foremost about high-tech function, niche brands with a nod towards fashion have plowed their way into the cool aesthetics of a new culture of sneaker-heads. Not that Nike’s not on the leading-edge of sneaker style, because […]
It’s been a long haul for Nixon to find a proper replacement for its co-founder Andy Laats who is leaving this roll for family health reasons. However on Tuesday, September 24, 2013, Nixon named Nick Stowe as their new CEO. Here’s more: After an exhaustive search, Nixon has named Nick Stowe as their new Chief […]
Once again, VF Corp’s Outdoor and Action Sports divisions are leading the charge for the mega-conglomerate with revenues up 5% to $3.3 billion and Vans up 16% in North America. The Q3 financials released Monday, October 21, 2013 indicate a strong quarter and changes including a 4-to-1 stock split. “VF is at its best when […]
Fast-fashion giant Uniqlo based in Japan has released their latest financials. The brand which is catching on quickly across youth culture markets in the United States (see also our Fall Youth Culture Study 2013), has also just released their puffy jacket campaign that showcases how these cushy, soft winter outerwear can fit into the size […]
The Swedish-based fast-fashion giant continues to take the U.S. by storm and capturing the attention of youth culture markets. As revealed in our Fall Youth Culture Study 2013, H&M is higher on the radar than ever before although not quite in the top upper echelons of favorite brands/retailers among 13-25-year-olds, but knowing what’s happening with […]