In The News
Monday, June 22, 2020
Can the Subscription Box Model Be Saved?
Beauty and clothing subscription boxes saw a surge in new customers during Covid-19. Can they navigate the business model's high costs and low retention levels?
Thursday, June 04, 2020
Stitch Fix considered moving stylist jobs away from California for over a year, according to leaked audio
Stitch Fix’s decision to lay off the majority of its California-based stylists is something that the company has been discussing for over a year, the company’s vice president of operations, Minesh Shah told stylists being laid off on Monday.
Wednesday, June 03, 2020
PVH announces new Tommy Hilfiger chief
PVH on Tuesday announced that Daniel Grieder, CEO of Tommy Hilfiger Global and PVH Europe, has left "after 23 years in various management roles within the organization, and will be leaving the company to pursue other interests." Martijn Hagman succeeded him effective Tuesday, according to a company press release.
Monday, June 01, 2020
A bankruptcy filing doesn’t spell the end for retailers
Neiman Marcus is one in a spate of retailers leaning on Chapter 11 bankruptcy protection to survive Covid-19, but the process has become more unpredictable.
Thursday, May 28, 2020
The incredible shrinking department store
Department stores are dropping like flies.
By interrupting whatever comeback plans they had — and each has been in repair mode in some way or another — the COVID-19 pandemic has pushed most if not all department stores to take drastic measures in recent weeks.
Tuesday, May 19, 2020
Nordstrom closing its three Jeffrey specialty apparel stores
Nordstrom on Monday said it will permanently close its three Jeffrey designer apparel stores in Atlanta, New York City and Palo Alto, California. Eligible employees will receive a separation package, including severance, benefits assistance and outplacement support, according to a company press release.
Tuesday, May 12, 2020
In-Store Experience Was Supposed to Save Brick-and-Mortar Retail — What Happens Now?
The coronavirus may have killed one of retail’s buzziest trends.
Pre-COVID-19, “experiential retail” had been on the rise, as retailers looked to drive foot traffic and cut through the digital noise with everything from speakers’ series and networking mixers to trunk shows and in-store cafes. But as stores begin to reopen, activations like in-store events and high-touch services are off the table for the foreseeable future.
Monday, May 11, 2020
Can Under Armour Get Back on Track? How Coronavirus Became the Latest Brand Hurdle
As it prepares to reopen stores and continue executing its turnaround plan, Under Armour is hoping to get back on track — but analysts remain bearish on the brand.
Wednesday, May 06, 2020
J.Crew bankruptcy leads to profits for buyout firm
J.Crew filed for bankruptcy this week after years of lackluster sales, but the buyout firm that took it private almost a decade ago still made off with a hefty profit, according to public filings and internal documents reviewed by The Post.
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