Tuesday, July 13, 2021

Nordstrom acquires stake in four fashion brands

CSA
It’s a first-of-its-kind deal for Nordstrom — and for a U.K. online giant. . . . more

Shein surpasses H&M, Zara in US fast fashion sales

Retail Dive
Amid the pandemic-induced surge in e-commerce spending, Shein has become the largest fast-fashion retailer in the U.S., according to a June report from Earnest Research. The company now has more app downloads in the U.S. than Amazon. . . . more

Malls may not even need anchors. Here's why.

Retail Dive
In the mid-20th century, when malls were retail's fresh new idea, department stores moved into the suburbs with confidence. That has been shaken, and many malls are now looking for their replacements. . . . more

Last call for L Brands

CSA
L Brands is changing its name in connection with the separation of its two businesses. . . . more

Thursday, July 8, 2021

Men's Wearhouse, Jos. A. Bank expand contactless fit tech to 650 locations

 Retail Dive
Amid a digital push, Tailored Brands is expanding its partnership with Bold Metrics by integrating its artificial intelligence fitting technology into more than 650 Men's Wearhouse and Jos. A. Bank stores, according to a press release emailed to Retail Dive. . . . more

Report: Malls are within striking distance of 2019 traffic levels

CSA
Placer.ai’s latest mall index—the sample for which has been doubled to 100 U.S. properties—indicates that traffic in enclosed shopping centers during June was only eight percentage points off June 2019. . . . more

Thursday, July 1, 2021

Analyst: Gap’s Yeezy brand with Kanye West could total $1 billion in sales next year

CSA
If initial sales are any indication, Gap’s collaboration with rapper-designer Kanye West will more than live up to the hype. . . . more