Target has been struggling to keep up with fast fashion competitors. It is dumping Mossimo and Merona and introducing new private label brands this fall across multiple categories, including its women's A New Day brand.
Cheered by rising international sales, the French sporting goods retailer is now returning to the U.S. with a store opening in San Francisco set for the end of 2017 and its first Canadian store near Montreal in 2018.
Called Glowhaus, the department store’s new beauty concept will target millennial customers with a selection of brands that have cult followings online. Bloomingdale’s will launch the boutiques at four of its stores.
On Saturday, the online store made its first foray into the brick-and-mortar sphere with the opening of a pop-up in San Francisco. The California-based brand has developed a significant online following since its launch.
The American indoor cycling franchise is plotting to expand its international reach as it eyes an entry into the UK market. The company is understood to be on the hunt for at least 50 locations, mostly outside London.
Retailers in the UK, US, Germany and South Korea are under the most intense pressure to transform their business model due to industry disruptors like growing online shopping spend and fierce price wars.
Shares of sporting goods retailers were pummelled in early trading on Friday as dismal quarterly results from Hibbett and Foot Locker heightened concerns about a supply glut intensifying price wars in the industry.