October 21, 2022
In
Fashion
It’s no secret that brands, retailers, and American culture have long marketed and celebrated youth – often with the not-so-subtle implication that aging should be counteracted, reversed, or at least disguised. Ageism has long plagued US retail with a bias toward marketing and catering to…
Pinduoduo, one of China’s leading e-commerce platforms, launched its sister shopping platform, Temu, in the United States. The e-commerce giant did so quietly, making no public announcements on company platforms. While Temu is committed to offering customers a wide product assortment at competitive prices, it…
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…
Trend Spotlight from RI 2022: Shein Reinvents Fast Fashion through Extensive Test and Learn Approach This week we are highlighting an innovative business from our recently published RI 2022 section entitled Engagement Out-of-store, which includes companies that innovate outside of a physical store leveraging tactics…
Earlier this summer, Wilson Sporting Goods opened their first permanent retail location at 932 N Rush St. in Chicago, where the company has been headquartered since 1914. The 2,250 sq. ft. space is a purposeful and well executed concept that emphasizes Wilson’s heritage as a…
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…
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…
For some time, Free shipping has been the difference between me completing a purchase or abandoning my cart online. Simply put, free shipping is table stakes. Retailers don’t like it. Whether you consider the cost of shipping an operating expense or part of the cost…