Industry veteran Victoria’s Secret recently announced it will acquire digitally native lingerie brand Adore Me for $400 million. Victoria’s Secret is the world’s largest lingerie specialty retailer, operating 1,350 retail stores globally. Adore Me on the other hand was launched as a direct-to-consumer (DTC) brand…
Since the founding of Lululemon in 1998, the rise of athletic apparel, or “athleisure” has been redefining the fashion industry. Lululemon continues to innovate within many product categories, including women’s and men’s apparel and accessories for yoga, training, running, on-the-move (OTM), and “woman-first” footwear. Joining…
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…
