Hints and tips:
...begun to see a new shopping feature within the TikTok app called “Trendy Beat”, a section offering items that have proven popular on videos, such as tools to extract ear wax or brush off pet hair from clothing...
...If you’ve been under a rock, here’s the latest via the Borg: Lyft Inc....
...A tie-up would give Tapestry a dominant slice of what the company has identified as the “accessible luxury” handbag market, the FTC said....
...Apple and Tesla are the latest foreign companies to feel the pain of China’s shift towards local brands. Sales of Nike and Adidas clothing have yet to return to their 2021 peak....
...The company has emerged as a fast-fashion powerhouse based on its model of making thousands of clothing styles in China and air-shipping them to Gen Z shoppers in the US and Europe....
...The discount clothing chains TJX and Ross Stores reported strong same-store sales and good margin performance in the third quarter. Their consumer is just fine....
...Temu sells ultra-low-price clothing and knick-knacks mostly made in China. It has exploded in popularity since its debut last September....
...A clothing company has to get all that right; it has to mind read. All McDonald’s has to do with the quarter-pounder is not screw it up. There is comfort food, but not comfort clothes, not really....
...Yet in the bowels of the retail sales data, some of the biggest September changes were in categories caught up in this macro change, such as electronics and clothing stores....
...Mattel’s earnings, of $27mn or 8 cents a share, exceeded Wall Street forecasts of a 2 cent loss but the company kept its full-year outlook unchanged....
...trailed the two fashion conglomerates, which through deft marketing and acquisitions of brands such as Christian Dior, Balenciaga and Saint Laurent, have come to dominate sales of luxury handbags, shoes and clothing...
...Also today, Kaori looks at some troubling research on climate risks for Asian clothing manufacturers. Have a good weekend. — Simon Mundy Can EV sales sustain ‘clear exponential growth’?...
...It also reported “lower revenues at . . . nearly all of our other consumer products operations”, which includes battery brand Duracell, clothing company Fruit of the Loom and motorhome company Forest River...
...Retro Man Clothing Exchange in Notting Hill is also a good place to find classic staples by brands such as Margaret Howell and Issey Miyake, which are often cheaper because they’re not as sought after as...
...This article has been updated to clarify that Higg Inc has rebranded as Worldly, not the Higg Index as incorrectly stated in a previous version. ...
...Their spending has bounced back quickly, she said, but it has gone on holidays rather than on clothing....
...Clothing exports are growing amid the weaker kyat....
...Millions of garment workers in Asia saw their livelihoods devastated as global clothing companies cancelled orders in droves — and as we detail below, many say they are still waiting in vain for unpaid wages...
...Chinese ecommerce leader Alibaba is pushing to expand the number of Bangladeshi companies selling products through its website, as it looks to drum up more business from the south Asian textile and clothing...
...Shares in the company have dropped almost 40 per cent this year....
...Retail sales for clothing and accessory stores have remained largely flat for the past year, according to Census Bureau data....
...“I had a lot of fun building these characters and telling a story through their clothing,” says Antoinette. “It was a way to let everybody know this is the early ’80s, before Nike got cool.”...
...Once seen as the future of finance, the plans of companies such as Affirm, Dave Inc, MoneyLion and Upstart Holdings to take on established financial institutions are fizzling out....
...Members of the clothing service grew from 3.2mn before the pandemic to more than 4.1mn by October 2021....
...The data, which comes from a new Bain & Company study of the luxury market, challenges much of our conventional wisdom about luxury spending and the rich in general....
International Edition