[ad_1] National chains are accelerating their exit from malls for other types of retail locations, signaling more trouble for malls as consumers show a growing preference for shorter, more convenient…
Tag: Clothing Retail
Renting Clothes Was Supposed to Be the Future of Fashion. Then Shoppers Got Bored.
[ad_1] Rent the Runway is betting that clothing from designers Diane von Furstenberg and Jason Wu can get customers to keep their subscriptions. Rival clothing subscription service Stitch Fix is…
Next PLC Hikes Profit Forecasts Again After Strong Christmas Performance
[ad_1] Next PLC raised its pretax profit guidance after sales in the pre-Christmas business period were better than it expected. The fashion retailer—which is seen as a bellwether for the…
The Self-Checkout Even the Haters Will Love
[ad_1] Dec. 15, 2023 11:00 pm ET Every so often a technological breakthrough comes along that makes you feel like you’ve teleported to the future: the iPhone, ChatGPT, self-driving cars. …
Luxury Stores Are Bursting With Unsold Stuff
[ad_1] Fashionistas can smell blood. Luxury brands need to find ways to unload their growing pile of unsold stock without reeking of desperation. The luxury industry is slowing as shoppers sober…
Shopping for Luxury Online Has Fallen Out of Fashion
[ad_1] Stocks that unite two of the world’s most successful industries, European luxury and American tech, might sound like winners. Instead, companies that sell luxury goods online have turned into…
WSJ News Exclusive | Neiman Marcus Rejects $3 Billion Takeover Bid by Saks
[ad_1] Saks Fifth Avenue wants to buy rival Neiman Marcus. Neiman is open to a deal. But the two luxury retailers can’t agree on the terms of a marriage. This…
WSJ News Exclusive | Chasing Neiman Marcus: Saks’s Latest Merger Bid Is Rejected
[ad_1] Saks Fifth Avenue wants to buy rival Neiman Marcus. Neiman is open to a deal. But the two luxury retailers can’t agree on the terms of a marriage. This…
Richemont Could Review YNAP Deal With Farfetch Amid Delisting Reports
[ad_1] Updated Nov. 29, 2023 5:19 am ET Luxury group Richemont said it has no plans to invest further in Farfetch and could reconsider a deal with the e-commerce firm,…