The Latest

  • A hallway in a fancy department store.
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    Daphne Howland/Retail Dive
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    Deep Dive

    5 reasons why Saks Global’s post-bankruptcy forecast is far-fetched

    The luxury giant expects to achieve margins and growth that department stores haven’t seen in years.

  • Shoe Carnival storefront from Mesquite
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    Permission granted by Shoe Carnival
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    Shoe Carnival ditches rebanner strategy

    The company sees renewed merit in running its namesake and Shoe Station brands as independent components of its portfolio.

  • Walmart BNPL Affirm Klarna financing retail
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    Scott Olson via Getty Images
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    Walmart ties expected tariff refunds to price strategy amid cost pressures

    CFO John David Rainey said potential recoveries would be directed toward lowering prices as fuel costs pressure consumers.

  • A store sign reads "Everlane" on a red brick building trimmed in concrete and covered by leafy shadows.
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    Daphne Howland/Retail Dive
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    It’s official: Shein will acquire Everlane

    The deal promises to salvage the sustainability-oriented DTC brand’s finances, but its tie-up with the Chinese fast-fashion giant comes at a cost.

  • Shoppers walking by an Under Armour store.
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    Cara Salpini/Retail Dive
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    Under Armour reaches 25% SKU reduction goal

    The retailer has made efforts to trim its product mix over the last two years as part of a more disciplined inventory management strategy.

  • Product images surround an image of a shopping cart.
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    Courtesy of Google
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    Google launches cross-retailer Universal Cart

    Shoppers can add items to their cart across merchants from Search, Gemini, YouTube and Gmail.

  • Four models wearing lingerie with the title words reading VSXY
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    Permission granted by Victoria's Secret & Co.
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    Column

    The Weekly Closeout: John Varvatos quietly exits Under Armour and Victoria’s Secret’s ticker gets sexier

    The designer left the athletics brand last fall. Meanwhile, the lingerie company will sport a new ticker symbol, VSXY, on the NYSE. 

  • A person with long red hair wears a necklace.
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    Mike Coppola via Getty Images
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    Estée Lauder, Puig call off merger talks

    When the discussions were disclosed in March, analysts weren’t thrilled about the tie-up’s potential to interrupt Estée Lauder’s turnaround.

  • A customer pushes a cart outside a Lowe's store.
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    Scott Olson / Staff via Getty Images
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    Lowe’s courts DIY shoppers as AI tools boost online conversions

    The retailer is aiming to build relationships with its DIY customers through AI-enhanced omnichannel shopping, associate-led services and loyalty program options.

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    Kendall Davis/Retail Dive
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    Podcast

    The Backroom: What’s really happening at Lululemon?

    Senior Editor Cara Salpini joins the podcast to discuss the pushback against the incoming CEO, founder Chip Wilson’s battle with the board and more.

  • Makeup on display at a retail store.
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    Michael M. Santiago via Getty Images
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    E.l.f. Beauty does an about-face on price hikes

    Following a “pronounced decline” in unit volume, CEO Tarang Amin said the company was testing adjustments to its tariff-driven strategy. 

  • Image of Lord of the Rings Tales of Middle Earth art from Magic the Gathering.
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    Courtesy of Hasbro
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    Hasbro finds a star revenue player in Magic: The Gathering

    The toy company reported $1 billion in net revenue in Q1. Revenue for the Wizards of the Coast division, which oversees Magic, was up 26%. 

  • A black Arc'teryx storefront inside an indoor mall.
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    Cara Salpini/Retail Dive
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    Amer Sports CFO: No visibility on tariff refunds

    Andrew Page told Retail Dive that the company, which runs Arc’teryx and Salomon, will see little impact from the refunds anyway. Revenue at the business was up 32% in Q1.

  • Walmart
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    Permission granted by Walmart
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    Walmart warns of price increases due to fuel costs

    The retailer expects somewhat higher retail price inflation in Q2 if the fuel shocks from the war in Iran persist. However, Walmart maintained its full-year guidance.

  • A model walks the runway at the Roberto Cavalli fashion show during the Milan Fashion Week Womenswear Fall/Winter 2023/2024 on February 22, 2023 in Milan, Italy.
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    Vittorio Zunino Celotto via Getty Images
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    Roberto Cavalli to be acquired by Destination Maternity parent company

    Marquee Brands will own a majority interest in the fashion house in a deal that is expected to close in Q2 of this year.

  • The outside of a Target store.
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    Brandon Bell / Staff via Getty Images
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    Can Target’s small upgrades to carts, bathrooms lead to big wins?

    The retailer's efforts to modernize its experience aim to create durable long-term value for a key demographic: busy families.

  • A closeup of a pair of Lee blue jeans, showing the label.
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    The image by Jamiecat * is licensed under CC BY 2.0
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    Lee jeans sold to brand management firm for up to $1B

    The denim label is the latest IP to be scooped up by Authentic Brands Group, which is aiming for $100 billion in annual retail sales.

  • The exterior of Calvin Klein's NYC flagship in SoHo
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    Courtesy of Calvin Klein
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    PVH names new Americas CEO amid executive shuffle

    Adelyn Cheong, president of PVH China, will succeed Donald Kohler, who is leaving to become CEO of Banana Republic.

  • LeBron James plays basketball in a Nike ad
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    Courtesy of Nike
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    Deep Dive

    Where Nike’s marketing comeback is stumbling — and where it can still win

    A recent whiff around the Boston Marathon is indicative of the brand’s struggles to pull off aspirational messaging it once executed with rare finesse.

  • A screen with a style quiz from David's Bridal. The company wants to help couples with wedding planning using AI.
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    Courtesy of David's Bridal
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    David’s Bridal is ready to help couples budget their wedding

    Through the bridal retailer’s Pearl Planner tool, the company is leveraging AI to help couples determine where to splurge and save on their big day.

  • Two people in dark suits and white shirts, the one on the right wearing a bow tie.
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    Courtesy of Authentic Brands Group
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    Authentic Brands Group has a new CEO, but Jamie Salter is sticking around

    Matt Maddox has been president and will take over as chief executive to run day-to-day operations, but will continue to report to Salter.

  • The interior of a thrift store shows apparel and accessories.
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    Getty Images
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    Department stores losing market share to resale

    Off-price retailers have little to fear from rapidly growing secondhand sales, though, according to research from Bank of America analysts.

  • A person wearing sweats and a baseball cap walks down the street.
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    Daphne Howland/Retail Dive
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    Vans ekes out sliver of growth in the US

    The brand’s revenue tumbled globally for the quarter and year, but the sign of recovery at home is “the real story” for VF Corp., analysts said.

  • A Lowe's storefront with the company's blue and white signage
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    Nate Delesline III/Retail Dive
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    Lowe’s efforts to win over pros could save it from the home sector’s challenges

    The retailer — which saw sales increase 10% in Q1 — is turning to the customer segment as DIY demand remains down.

  • Lourdes Arocho was named Gap Inc.'s head of licensing.
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    Courtesy of Gap Inc.
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    Column

    The Weekly Closeout: Another entertainment exec at Gap Inc., and tariff refunds trickle in

    The apparel conglomerate beefed up its "fashiontainment" roster, while retailers are getting their money back on import levies canceled by the Supreme Court.