Lululemon faces a “downward spiral” due to repeated product quality issues, declining sales, and a leadership crisis. Meanwhile, competitor Fabletics is rapidly growing.
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LuxExperience Leadership Transition Sets YNAP On Path To Growth Alongside Mytheresa
LuxExperience appointed Francis Belin as Mytheresa CEO, enabling Michael Kliger to spearhead the integration of acquired YNAP brands (Net-A-Porter, Mr Porter, YOOX).
Bombas Retail Expansion Marks Giant Leap Forward
Bombas, the mission-driven brand known for its “one purchased = one donated” model for socks, underwear, and t-shirts, has opened its first flagship store in NYC and expanding its retail presence in Target and DSW.
Fashion Retailers Risk $5 Billion Loss As The ‘Ozempic Effect’ Shifts Sizing Demand
Use of GLP-1 drugs is causing a rising demand for smaller sized clothing. A study warns U.S. retailers are risking $5 billion from misaligned inventory by 2027.
Secondhand Surge: Thrift and Online Resale Go Mainstream
The US secondhand apparel market, from thrift stores to online resale, is booming, fueled by economic pressures, a desire for unique items, and environmental concerns.
