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 […]
July 15, 2022: Mr Porter has launched a one-of-a-kind custom designed collaboration with the New York-based podcast Throwing Fits. Handpicked and co-designed by hosts Lawrence Schlossman and James Harris, Mr Porter has debuted a curated selection of product from some of the most exciting established and emerging designers in menswear today. The collection features 13 brands with […]
Allyson Felix wrapped her illustrious track and field career yesterday at the 2022 World Athletics Championships, earning the bronze medal with her Team USA teammates in the mixed 4 x 400-meter relay. Today, the beloved athlete shared a thoughtful message on Instagram. “Don’t be sad it’s over, be happy it happened,” Felix wrote on the social […]
Amid shifting markets and trends, climate change and sustainability needs, the era of Web3 and the rapid transformation of social media, the future of the designer is wide open. New and emerging design talent will be a key topic of discussion at the 2022 FN CEO Summit, to take place on Aug. 3 in New York […]
The Stan’s Fit for Your Feet retail chain has been in operation for more than 70 years. But last month, the company celebrated two new landmarks in its long history. The independent footwear retailer announced its first acquisition in late June, purchasing the 104-year-old shoe store Waxberg’s Walk Shoppe in Niles, Ill., for an undisclosed amount. The […]
Retail sales grew slightly in June from last month, but were still well above last year’s levels. The U.S. Census Bureau reported today that retail and food service sales in June 2022 totaled $680.6 billion, marking an increase of 1% from the previous month, and an 8.4% leap from June 2021. The bureau also amended […]
Puma has signed 22-year-old American track-and-field athlete Abby Steiner. Her victory in the 200-meter final of the US Outdoor Championships in 21.77 seconds makes her the second-fastest woman in the world in that distance this year. She will compete at this summer’s World Athletic Championships in Eugene, Ore. Steiner holds both the women’s indoor 200 […]