An increasing number of Americans are relying on “buy now, pay later” (BNPL) methods, this holiday season as inflation continues to hit wallets. According to new data from Afterpay, BNPL transactions grew 120% on the platform compared to pre-holiday across online and in-person. This is in line with findings from Square and Afterpay’s Festive Forecast […]
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 […]
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 […]
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 […]
It’s the biggest night in shoes, and this year the FNAAs will honor one of the industry’s biggest legends. At the 36th annual FN Achievement Awards on Nov. 30, legendary designer Christian Louboutin will be recognized with the Lifetime Achievement Award. Other honorees hail from all corners of the industry, from athletic sneakers to luxury […]
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 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. […]
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, […]
Saks Fifth Avenue is getting into the holiday spirit. To celebrate the launch of its 2022 holiday campaign and an integrated partnership supporting the Elton John AIDS Foundation, Saks hosted its iconic light show and window unveiling at its New York Flagship with a special performance of “Your Song” by Sir Elton John on Tuesday night. […]
Fashion brands are having a moment. After two years of an athletic boom, occasion-based apparel and footwear is coming back in a major way, as people return to live events, meetings and offices. Retailers this past quarter have noticed the shift as well, with many calling out the success of fashion brands in their assortment. […]