Translated by Roberta HERRERA Published Apr 23, 2024 Mango’s focused efforts to be perceived as a premium, aspirational, and desirable brand are part of a significant project that has been years in the making. This has involved strategic alliances with select brands like American Simon Miller and Italian Boglioni, as well as collaborations with celebrities … Read more
Jack Carlson has come a long way since creating the cult menswear brand Rowing Blazers in 2017. In the past seven years he has partnered with everyone from Target to Gucci on buzzworthy collaborations, built a following among updated preppy fans, and even attracted the attention of Burch Creative Capital, which purchased a majority stake … Read more
By Reuters Published Mar 8, 2024 Opening new stores is back in style – at some U.S. retail chains. Executives at several major retailers in recent weeks have touted the chains’ efforts to gain market share by adding new locations. Target, for instance, is adding 300, Walmart, 150; Sam’s Club, 30; Bloomingdale’s, 15 and Bluemercury … Read more
Translated by Nicola Mira Published Feb 28, 2024 Chinese generalist budget e-tailer Temu, as much criticised as it is dreaded in the USA, is reportedly about to open its site to US third-party vendors. A way to both compete with local e-tailers and generate goodwill with US businesses. Temu’s strategy also heralds the course the … Read more
Cult menswear brand Rowing Blazers announced on Monday it has sold a majority stake in the business to Burch Creative Capital, and partners Tom Vellios, co-founder of Five Below, and Jason Epstein, partner at Stonecourt Capital. FInancial terms of the sale were not disclosed. Courtesy The acquisition will allow Rowing Blazers to hire in key positions, develop its women’s … Read more
The founder behind Monday Haircare, Jaimee Lupton, introduced on Thursday Osāna Naturals, a new line of skin and hair care formulations aimed at nourishing both body and mind. Osāna Naturals is a range of skin and hair care formulations featuring 6 functional fragrances, hydrating ingredients, and replenishing botanical extracts – Osāna Naturals Now available at … Read more
Walmart kicked off U.S. retailers’ reporting season on Tuesday with robust fourth quarter results after inflation-squeezed shoppers flocked to its stores, and said it would buy smart-TV maker Vizio for $2.3 billion. Walmart Shares of the retail giant rose as much as 6.5% to an all-time high of $181.35 after it also gave an upbeat … Read more
Windsong Global, a consumer-focused investment firm, announced on Tuesday the acquisition of beauty brands JVN Hair and Pipette. JVN Financial terms of the deal were not disclosed. As part of the transaction, Windsong Global has formed Belle Brands LLC, a holding company created to house both JVN and Pipette, under the leadership of newly appointed … Read more
Gavin Newsom revealed Wednesday that he once witnessed a shoplifter steal from Target without any interference from workers, one of whom blamed the California governor for emboldened criminals in the state before she realized who he actually was. The Golden State leader recalled the awkward interaction at the start of a Zoom forum about a … Read more
By Bloomberg Published Jan 26, 2024 Levi Strauss & Co. slumped after announcing it will cut as much as 15% of its corporate workforce to boost efficiency. The company also gave an outlook for 2024 sales and profit that fell short of Wall Street’s expectations. Levi’s Levi, which is prioritizing direct-to-consumer sales over wholesalers, said … Read more
