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In 2021, I began an experiment: Could I give up shopping and rent all my clothes instead? I’m still renting today, but I’ve learned a lot since then.
about 1 year ago
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Lau is a prolific collector who’s reportedly purchased roughly 1,500 Hermès bags over the years, including rare Birkin and Kelly bags.
about 1 year ago
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A Hong Kong billionaire just sold $3
about 1 year ago
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The top 2% of the store’s customers drive roughly 40% of its total sales, and most of those customers are millionaires.
about 1 year ago
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While it’s tempting to view recent layoffs as an emerging trend in the retail sector, that doesn’t appear to be the case.
about 1 year ago
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Department stores and DTC brands have already announced cuts, the latest challenge for a sector that’s been hit by labor challenges and inflation.
about 1 year ago
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Barnes & Noble’s 1990s heyday included sparring with Amazon and inspiring the film “You’ve Got Mail.” Now, decades later, it’s experiencing a revival.
about 1 year ago
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Beverage giant Molson Coors should no longer compare its rivals light beer to water, a national regulatory body says
about 1 year ago
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Members of Generation Zalpha are young, they’re internet-savvy, and marketers are clamoring for both their cash and their expertise.
about 1 year ago
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The outlet stores, which Best Buy began opening in 2021, allow customers to shop for open-box electronics and appliances.
about 1 year ago
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Victoria’s Secret hasn’t aired a fashion show since 2019 following scandals and criticisms of the lingerie retailer.
about 1 year ago
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Birchbox pioneered the monthly subscription box and was once valued at nearly $500 million. Now, customers say they haven’t gotten a box in months.
about 1 year ago
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In 2014, Birchbox was considered a pioneer of the subscription box industry, boasting hundreds of thousands of subscribers and a $485 million valuation
about 1 year ago
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In early May, Target began rolling out its Pride merchandise, just like last year and the years before, going back a decade.But this year, something was different: Target workers began getting violent threats from customers. The confrontations — which stemmed from an online backlash led by right-wing commentators who made false claims about certain Target Pride merchandise — prompted Target to start pulling some of the products from its shelves and disassembling prominent Pride displays at some…
11 months ago
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Theranos’ Elizabeth Holmes was sentenced to 11.25 years in a women’s prison in Bryan, Texas, but BOP records show her term has been shortened 2 years.
10 months ago
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David’s Bridal filed for bankruptcy in April 2023 for the second time and was sold in July to Cion Investment Corp., averting a shutdown.
7 months ago
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No name is perhaps more synonymous with the world of luxury goods than Bernard Arnault. Arnault, the 74-year-old CEO of French luxury conglomerate LVMH Moët Hennessy Louis Vuitton, or just LVMH for short, built his fortune over the span of almost four decades, amassing a luxury-goods empire that includes some of the best-known brands in fashion, jewelry, and alcohol, including Louis Vuitton, TAG Heuer, and Dom Pérignon.He’s now the third wealthiest man in the world, with a net worth of about $17…
5 months ago
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Tim Cook has helped Apple become the most valuable company in the world, with a market cap approaching $3 trillion.He’s steered the tech giant through the death of Steve Jobs, multiple product launches, and the growth of Apple’s subscription business.While Cook is globally recognized today as the leader of one of the most important tech companies, he came from a modest beginning.Cook was born in Mobile, Alabama, in 1960. His father, Donald Cook, was a shipyard worker and his mother, Geraldine Co…
4 months ago
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Sheryl Sandberg was born on August 28, 1969, in Washington, D.C. Her father was an ophthalmologist and her mother taught French at a local college, according to The New Yorker. She has two younger siblings: a brother named David and a sister named Michelle.The family moved to North Miami Beach when Sheryl was 2 years old, The New Yorker reported. Her parents helped create the South Florida Conference on Soviet Jewry and turned their home into a safe haven for Soviet Jews looking to escape antise…
3 months ago
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Taylor Swift and Travis Kelce were undoubtedly the it couple at this year’s Super Bowl, but plenty of other celebrity couples were also spotted at the game on Sunday.One such couple was Lady Gaga and her boyfriend, Michael Polansky, who hails from the tech world. The two have been linked for at least four years. Polansky is a tech CEO who works for Napster cofounder and former Facebook president Sean Parker.Gaga and Polansky have reportedly been dating since at least 2020. Here’s what we know ab…
2 months ago
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The long-standing feud between Meta’s Mark Zuckerberg and Apple’s Tim Cook appears to be raging on.The two tech titans have been feuding since at least 2014, trading barbs over each other’s products and business models. Over the years, their battle has escalated to include public jabs, pointed ad campaigns, and even a legal dispute.Here’s when the rivalry began, and everything that’s happened since.
22 days ago