Fashion shopping platform Lyst is set to be acquired by Japanese eCommerce firm Zozo. The $154 million deal, announced in a news release Wednesday (April 9), will make Lyst a wholly owned subsidiary of Zozo, itself another fashion-focused eCommerce company. “This is an exciting moment...
Lululemon Athletica is focusing on new products and community events to draw customers at a time when many are concerned about inflation and the economy. The athletic apparel, footwear and accessories company has seen that these concerns have led consumers to spend less and visiting...
The retail sector in the United States is competitive, and Amazon has steadily gained ground, driven by a surge in discretionary spending. According to the PYMNTS Intelligence Whole Paycheck Report, “Walmart or Amazon: Where Do Consumers Spend ‘Fun’ Money?,” discretionary spending covers “wants” rather than...
Buy now, pay later (BNPL) provider Affirm has teamed with resale marketplace StockX. The collaboration, announced Monday (March 10), lets eligible StockX shoppers in the U.S. access Affirm’s payment plans when purchasing products from brands such as adidas, Supreme and Gucci. “At StockX, we’re always looking for ways to enhance...
March 11, 2025
The retail sector in the United States is competitive, and Amazon has steadily gained ground, driven by a surge in discretionary spending. According to the PYMNTS Intelligence Whole Paycheck Report, “Walmart or Amazon: Where Do Consumers Spend ‘Fun’ Money?,” discretionary spending covers “wants” rather than “needs.” It represents the products and services that consumers buy […]
March 03, 2025
Talk about business uncertainty: Fashion wholesale is a business that lives with the constant fear of changing styles, fickle consumer tastes and a retail base that’s made up of department...
January 27, 2025
Personalization has long been the holy grail of retail, with brands seeking to tailor the shopping experience to each customer’s unique needs and preferences. And you can’t spell “personalization in...
January 17, 2025
For retailers, the rise of artificial intelligence-driven tools presents not just an opportunity, but a mandate to evolve. With its ability to process immense datasets, deliver hyper-personalized recommendations and negotiate...
April 30, 2025
Fast fashion retailer Shein is reportedly considering ways to restructure its American business. This effort is a way to deal with ongoing tariffs on Chinese imports, which have threatened Shein’s plans to go public, the Financial Times (FT) reported Wednesday (April 30). As the FT noted, Shein’s American business — its largest market and the […]
April 09, 2025
Fashion shopping platform Lyst is set to be acquired by Japanese eCommerce firm Zozo. The $154 million deal, announced in a news release Wednesday (April 9), will make Lyst a...
March 28, 2025
Lululemon Athletica is focusing on new products and community events to draw customers at a time when many are concerned about inflation and the economy. The athletic apparel, footwear and...
March 10, 2025
Buy now, pay later (BNPL) provider Affirm has teamed with resale marketplace StockX. The collaboration, announced Monday (March 10), lets eligible StockX shoppers in the U.S. access Affirm’s payment plans when purchasing products from brands...
