On the first floor of a cast-iron building in New York’s SoHo neighborhood, a temporary collection of garments and accessories fills the room. About nine entrepreneurs from all over the U.S. are displaying their upcoming summer designs in the culminating fashion show of their accelerator program with AfroPunk x Shopify. The Black Fashion Accelerator program […]
Saks has named Alicia Williams, Ph.D., as VP of diversity, equity and inclusion (DEI), the company said today. Williams joins the luxury e-commerce platform with more than 15 years of experience in talent and diversity. She most recently served as head of diversity and inclusion for U.S. banks at Morgan Stanley since November of 2020. In her […]
Retailer FWRD, which is part of Revolve Group, Inc., announced the launch of its FWRD Buyback resale program today. The company joins the many brands, from Lululemon to Mr Porter, that are bolstering its sustainability strategy through resale services. Here’s how it works: Customers can trade up their unwanted handbags purchased from FWRD within the last year for […]
It’s time for footwear companies to stop thinking about fit as a technical problem and start understanding the emotional impact that fit has on the consumer’s journey. That was one of the key takeaways from the WWD Tech Forum session, “The Great Fit: Sizing in a Consumer-Centric Market,” which featured Alper Aydemir, CEO and co-founder […]
Nike opened a new retail concept shop in Seoul, South Korea, on Friday. According to the Beaverton, Ore.-based athletic brand, the new store, dubbed “Nike Style,” serves as a “remixed expression” of sports retail culture that blurs the line between physical and digital experiences. Located in the city’s Hongdae neighborhood, which is known for its art, […]
Cryptocurrency has had a rough time lately. The elusive digital currency used by investors, gamers, and metaverse early-adopters to purchase NFTs (non-fungible tokens), avatar skins in games like Roblox, and virtual collectible goods has seen a recent downturn from record highs. But while the metaverse’s main form of payment and conducting transactions virtually has seen […]
An increasing number of retailers are eliminating the once-common free online return as they seek to recoup losses from mounting logistical costs. According to an April survey by shipping and mailing company Pitney Bowes, online returns cost retailers an average 21% of order value, with several brands reporting ratios considerably higher. The financial burden is […]
Prime members purchased more than 300 million items worldwide during Prime Day 2022, up from roughly 250 million in 2021, according to new data released by Amazon on Thursday. According to the e-commerce giant, this year’s event was the biggest Prime Day event in the company’s history. According to Amazon, which didn’t disclose its internal numbers for […]
Union LA and Nike have joined forces once again, this time releasing two new iterations of their sold-out Cortez collab. After delivering the “Sesame” and “Off Noir” colorways last month, the LA-based sneaker boutique announced on Instagram yesterday that its latest “Smoke Grey” and “Lemon Frost” iterations of the Nike Cortez will hit stores next week. The […]
A new collab between Adidas and “Rick and Morty” is on the way. Yesterday, the hit tv show shared a teaser of the forthcoming “Rick and Morty” x Adidas collab on its Twitter account. The photo that was shared showed Rick Sanchez’s science lab and on his desk is an Adidas shoebox. The writing on the shoe box also […]