Luxury resellers are increasingly focused on developing the in-store experience to win in the growing $26 billion luxury resale space As we continue to observe post-pandemic recovery in physical retail traffic and in-store spending, several luxury resellers have opted to expand their physical footprints. The…
Globally, plus size fashion is a $178B market; retailers like Old Navy and Victoria’s Secret are disrupting the plus size fashion narrative by revising their pricing, merchandising and garment construction practices and introducing a diverse cohort of brand ambassadors respectively. While these changes are certainly…
McMillanDoolittle’s Amanda Lai joined an expert panel on TD Ameritrade Network to discuss the outlook for Nike (NKE) ahead of its fourth quarter earnings release. Lai cites Nike’s long-term strategy of investing in e-commerce, scaling back wholesale partnerships, and leveraging customer data as drivers of the…
Rothy’s latest retail concept stands out by tapping into Gen Z and Millennials’ desire for seamless omnichannel shopping convenience, sustainable consumption, and retail activism Rothy’s, a San Francisco-based, sustainable shoe and accessories company, is the latest digitally native brand to open a storefront on Chicago’s…
Apparel Industry Headwinds: Emerging Competitors & Growth of The Resale Market McMillanDoolittle’s Amanda Lai recently joined an expert panel on TD Ameritrade Network to discuss the outlook for the athleisure segment as the country reopens and Americans open their wallets. Lai expands upon recent market…
Lululemon opened their experiential flagship location in the Lincoln Park neighborhood of Chicago about a year ago. A temple of sorts, the store was built to facilitate engagement between customer and brand with ample space dedicated to fostering shared experiences such as a meditation room,…
As Under Armour founder and chairmen Kevin Plank unveiled a new brand message – “The Only Way is Through” – SEC filings revealed that in the last quarter a hedge fund made a significant bet on Under Armour’s future performance. Lone Pine Capital LLC purchased a…
In one of the most anticipated bankruptcies in some time, Forever 21 officially declared Chapter 11 over the weekend, adding to the list of large retailers who have retrenched their store base or fully closed down in 2019. While many argue whether we are officially…
CHICAGO, IL- Aug. 5th, 2019 In this report McMillanDoolittle details shifting consumer expectations across all retail categories – and the blind spots the leaders of both legacy retailers and digital natives must overcome as they adapt to an integrated retail landscape. In Different Leaders /…
Finish Line has its struggles. A mall-based retailer – in a crowded space and previously focused on “just shoes” – Finish Line lost share for five years to the lifestyle merchandised Foot Locker and its own supplier’s direct-to-consumer efforts. A strategy to place 300+ shop-in-shops in…
