Month: November 2022

Retail Trade Groups Say a Rail Strike Could Devastate the Economy and Industry

Retail trade groups are warning about the disastrous impact a U.S. rail worker strike could have on the economy and the industry. The strike, which could occur as early as next week, became a possibility after one of the largest railroad unions last week rejected a proposed agreement with railroad management. Thus far, eight out of 12 unions have […]

Christian Louboutin Reflects on His Road to Footwear Fame

On Nov. 30, Christian Louboutin will be honored with the Lifetime Achievement Award at the 36th annual FN Achievement Awards. Below is an article from the magazine’s Nov. 28 print issue on the designer’s career.  On a sunny day in October, Christian Louboutin found himself in an only-in-New-York scenario. Surrounded by crowds of tourists at […]

Scott Meden Reflects on 37-Year Career at Nordstrom as He Joins FN Hall of Fame

On Nov. 30, Scott Meden will be inducted into the Hall of Fame at the 36th annual FN Achievement Awards. Below is an article from the magazine’s Nov. 28 print issue, where Meden reflects on his storied career. Earlier this year, Nordstrom announced that its chief marketing officer Scott Meden would retire after 37 years of service […]

Major Athletic Footwear Brands Are Shedding, Trading and Hiring New CEOs

CEO shifts have become common in the last year, but the athletic retail sector is seeing more shuffles than usual. Adidas, Puma, Foot Locker, Under Armour and Reebok have had top executive transitions within the last six months. These changes have come at an already volatile time for sneaker brands and retailers. Leading brands like Nike and Adidas are pulling out of […]

Christie’s Newest Auction Will Feature Sneakers Worn by Serena Williams & Michael Jordan

Christie’s will hold an online sale of sneakers and sports memorabilia worn and signed by some of the greatest icons in sports history next week. Called “The Greats,” the auction will include collectibles from legendary sports icons like Serena Williams, Kobe Bryant, Henrik Lundqvist and Michael Jordan. Christie’s said that the auction also features the work […]

Americans Spent $5.29 Billion on Thanksgiving Day as Consumers Search for Deals

Americans spent a record $5.29 billion this Thanksgiving, up 2.9% over last year, according to data released by Adobe Analytics this morning. Big discounts on toys and electronics enticed shoppers, according to Adobe Analytics. Mobile shopping – purchases made through smartphones – accounted for 55% of online sales, an all-time record for Thanksgiving Day since 2012. […]

L.A. Retailer Fred Segal Brings a Taste of California to NYC’s SoHo

Fred Segal has landed in New York City. The celeb-favorite Los Angeles-based specialty store has opened a 1,600-square-foot pop-up shop at 252 Lafayette Street, in the heart of Manhattan’s SoHo neighborhood. Fred Segal’s NYC pop-up marks the retailer’s first standalone footprint for its freshly launched private label collection, Neighborhoods. Built on a foundation of heritage, inclusivity, and love, […]

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