The rise of fast fashion and growing consumer demand for the newest looks has challenged Kohl's, Gap and other traditional apparel retailers to find ways to speed production and get new styles to their stores faster. US-based designer and manufacturer Jackie Wilson won a contract with Kohl's eight years ago, and today her company delivers new designs to the stores in eight weeks.
Under Armour has joined dozens of other footwear brands including Nike, Sperry and Stride Rite in signing a letter urging President Donald Trump not to impose new higher tariffs on imports from China. "US footwear tariffs stifle innovation and job creation and raise the cost of shoes for every American," the letter said.
Four former Gilt executives have launched CoEdition, an e-commerce marketplace that will bring together plus-size fashions from a variety of designers and brands. The plus-size apparel market is valued at about $21 billion, according to NPD Group, and it's growing twice as quickly as traditional apparel.
Southeastern Grocers will add three locations for its Fresco y Mas banner this April, with two planned for Tampa and one for Orlando. The stores will carry amenities tailored to the Hispanic consumers of their neighborhoods, according to the company.
Toronto-based luxury coat brand Canada Goose will expand its in-house manufacturing from one-third of its total collection to one-half in the next few years in a push to boost profits and control quality, CEO Dani Reiss said. The company is best know for its luxury parkas that sell for as much as $1,700.
Walmart will expand a digital car-buying service to 250 stores after testing the partnership with Miami-based CarSaver at 14 locations starting last year. The retailer also plans to partner with CarSaver on a vehicle purchase program for Walmart's 1.5 million U.S. employees.
The closure of Toys R Us could mean about $600 million in additional annual sales at Target, according to a report from Credit Suisse Analyst Seth Sigman. The lion's share of Toys R Us and Babies R Us stores are five miles or less from a Target location, and Target is forecast to win about 15% of the sales from those Toys R Us stores, 5% from the Babies R Us stores and 5% from e-commerce sales, the report revealed.
Peer-to-peer recommendations and social media connections are vital to success in the retail beauty world today, said Glossier founder and CEO Emily Weiss. In a talk this week she shared tips for building a successful brand in the age of digital media, starting with the importance of listening to customers.
By focusing so heavily on HomeKit, Apple has positioned voice assistant Siri to act as a home control hub, writes Ross Rubin. The company's strategy is designed to differentiate Siri from its main competitors: Google Assistant and Amazon's Alexa.
High-end footwear retailer Stadium Goods will open a shop inside Nordstrom's first standalone men's store, which is set to open in New York City next month. The store will feature limited-edition sneakers from brands including Adidas and Nike.
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