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Consumers Are Spending Like It's 2019
Business

Consumers Are Spending Like It's 2019

Shoppers have shifted their spending habits in a postpandemic world, leaving retailers in the lurch. Source link

Why a Zara Bet Big on the Maxi Dress This Summer
Business

Why a Zara Bet Big on the Maxi Dress This Summer

Fashion retailer arms managers with bevy of data, and authority to act on it, in bid to keep ahead of rivals Source link

Gucci-Owner Kering Buys Stake in Valentino
Business

Gucci-Owner Kering Buys Stake in Valentino

The deal is part of a return to big-ticket transactions for the French luxury conglomerate, after an agreement to purchase cologne-maker Creed. Source link

Gap Poaches Mattel Executive Who Revived Barbie to Be Its CEO
Business

Gap Poaches Mattel Executive Who Revived Barbie to Be Its CEO

Richard Dickson, president and chief operating officer at the toymaker, is taking over as Gap’s next chief executive. Source link

A Soap Maker Cracks the Code to 'Made in America'
Business

A Soap Maker Cracks the Code to 'Made in America'

Bath & Body Works wanted suppliers to set up in an Ohio city near its headquarters. The result was a production effort with little parallel

H&M Now Wants to Sell You Makeup, Sofas and Crocs
Business

H&M Now Wants to Sell You Makeup, Sofas and Crocs

The retailer is moving further beyond its clothing label, doubling down on beauty products, housewares and selling other brands to draw in more shoppers. Source

Retailers Set Higher Bars for Free Shipping as Delivery Costs Surge
Business

Retailers Set Higher Bars for Free Shipping as Delivery Costs Surge

Macy’s, Neiman Marcus and Abercrombie are among merchants raising thresholds for what shoppers must spend to get free delivery. Source link