Industry

Nike replaces John Donahoe with the new CEO, Elliott Hill, who has a long history with Nike. Hill joined Nike in 1988 and has served as the President of Consumer Marketplace before retiring in 2020. Previously, Nike’s shares has been falling with decreasing sales and increased competition from brands such…Read More

The Federal Trade Commission (FTC) has been involved in a legal dispute concerning Tapestry and Capri Holdings.  The FTC is scrutinizing the proposed merger between the two companies, focusing on potential anti-competitive effects and market implications. Joanne Crevoiserat, CEO of Tapestry, has been actively involved in navigating the legal and…Read More

Old Navy celebrates its 30th anniversary with the launch of the ’94 Reissue, a limited-edition collection that updates iconic ’90s styles, such as baby tees, baggy jeans, and tracksuits, with nearly 200 styles in the collection.  This release is part of Old Navy’s recent brand reinvigoration that is led by…Read More

In TikTok’s early days, raw 30-second reviews could make any beauty product go viral, unlike Instagram’s curated vibe.  Now, as TikTok fills with polished ads and sponsored content, brands have adapted, making it a major part of their marketing. Brands like K18 and Peter Thomas Roth, who thrived on TikTok’s…Read More

Financial institutions like JPMorgan Chase and PayPal are leveraging their extensive transaction data to enter the advertising market, mimicking retail ad networks. PayPal plans to launch a new ad platform, while Chase has started selling ads on its app and website, offering personalized deals based on card transaction history. Klarna,…Read More

Gucci’s recent campaign with tennis star Jannik Sinner, featuring both Gucci and Nike, highlights a trend where luxury fashion brands are collaborating with athletes who have existing sports brand sponsorships.  Roger Federer also appeared in a Louis Vuitton campaign alongside Rafael Nadal, showcasing On shoes and a Rolex Daytona. This…Read More

As AI becomes integral, brands are using it to streamline operations, innovate designs, enhance marketing strategies, and improve customer experiences. Despite initial challenges, such as convincing stakeholders of AI’s reliability, the report highlights that significant investments are being made, with many brands allocating substantial portions of their budgets to AI…Read More

Employers like LVMH and Meta are prioritizing qualities that enable employees to navigate a rapidly changing retail landscape. Graduates with a diverse skill set and interests, exemplifies a trend in the fashion industry where soft skills like teamwork, critical thinking, and adaptability are increasingly valued over technical proficiencies. Fashion companies…Read More

Late last year, luxury brands noted Pinterest’s emerging importance as a marketing channel, particularly for reaching Gen Z. Pinterest revealed that Gen Z saves more pins, especially in collage format, than any other group. With 500 million monthly active users, Pinterest is attracting brands due to its organic growth potential…Read More

Leonard A. Lauder Honored With Retail Excellence Award A who’s who of luminaries from the retail, fashion and finance sectors turned out on Monday night to honor Leonard A. Lauder with the Retail Excellence Award cohosted by the Baker Retailing Center at the University of Pennsylvania’s Wharton School of Business and…Read More