The COVID-19 pandemic is simultaneously an extraordinary health crisis and an international economic shock. Although no one in the market anticipated the strength of this crisis, some fashion companies are finding that they are much better geared up than others– largely because of their digital know-how. A deepening digital divide Our consumer-sentiment surveys, conducted in […]
Monthly Archives: May 2020
Covid-19 is set to unleash a wave of corporate mergers and acquisitions
The vultures are already circling as Covid-19 leaves weaker companies in distress. Last week, when Boohoo, a British online fast-fashion retailer, reported stronger-than-expected earnings, it noted it had its eye on struggling rivals. “It is likely many opportunities will arise in the coming weeks and we will take a look at those and make an […]
What Struggling American Beauty Brands Can Learn From China About Weathering a Pandemic
Photo: TPG/Getty Images As the global economy continues to experience the reverberating effects of the coronavirus pandemic, companies across virtually every business sector are facing unprecedented challenges. In the beauty industry, the retail landscape is uncertain, services and treatments are being put on indefinite hold and consumers appear far less motivated to splurge on a […]
Fashion shift online picks up even as stores reopen
BERLIN (Reuters) – Retailers selling fashion online are emerging as the winners of the coronavirus crisis as consumers are staying home even as stores start to reopen, results from major companies showed on Thursday. FILE PHOTO: A salesman wearing a protective face mask shows a shoe in the sport store PUMA, as the spread of […]
7 Retail Innovations Reacting To COVID-19
Function Development Photo 7 Retail Innovations Reacting To COVID-19 7 Retail Innovations Reacting To COVID-19 Innovation Photo The retail trends we have actually been tracking in recent weeks are a mix of brand brand-new techniques and the velocity of patterns that were already acquiring traction. The retail trends we have actually been tracking in current […]
What Is The Future Of Fast Fashion? It’s Complicated
Photo: Marcus Loke/Unsplash. Jenna Diioro is someone who lives to shop. A 28-year-old car-dealership manager who lives in New Jersey, Diioro used to spend hours cruising stores like Abercrombie & Fitch, Forever 21, H&M, and Hollister, where she’d spend upward of $200 USD each week, scooping up tops, dresses, jeans, and activewear. Just last month, […]
The Sweatpants Wars
Comfortable pants have become the pandemic uniform– and Gap, Nike, and Champ are fighting against indie brands T hree of the most viral online stories in the last month included the only piece of clothing that’s more in need now than deal with masks: sweatpants. In mid-April, Style editor-in-chief and Condé Nast creative director Anna […]
Style Product Making A Comeback As Shoppers Look To Raise Their Spirits
The guideline of covering the nose and mouth with a face mask in public locations as shops resume … [+](Picture by Beata Zawrzel/NurPhoto via Getty Images) NurPhoto through Getty Images The pandemic moved customer costs from fashion products to practical products. There has actually just recently been a slight pattern in online shopping and searching […]
‘Making the Cut’s’ Season 1 Winner on E-Commerce Amidst Coronavirus Pandemic
SPOILER ALERT: Do not read if you have actually not yet seen the Season 1 finale of “ Making the Cut“ In this season of “Making the Cut,” designers were blended from New york city to sew, stitch and repair in Paris and Tokyo. For the finale, the participants went back to the place they […]
Global Retail Platforms Are Making It Easier to Support Small, Local Boutiques Right Now
Photo: Farfetch.com Amid a global pandemic, it’s easy for those of us who aren’t frontline or essential workers to feel powerless in our inability to curb the devastation happening all around us. But those who have the privilege of staying home (and still have a disposable income) can at least help by opening their wallets […]
