Carlos Alonso

Inditex is set to achieve another record quarter despite facing criticism. 🏆 If the gross margin reaches 62%, the overall performance is expected to improve, leading to higher operating profit. 📈 The brands Zara , Massimo Dutti, and Oysho will drive this growth. ⚠️ However, Stradivarius and Bershka must address the slowdown to maintain their momentum. 🇺🇸 📉 While the U.S. market will remain a focus, there is a lack of attention towards other key countries and regions. 💻 #Online sales are below average, contributing below 30%-35% of total sales, and Inditex has lost its leading position in five key European countries to aggressive #marketplaces. ⚠️ The most significant threats to Inditex over the next five years include aggressive marketplaces and potential alliances among some U.S. and European operators. 📈🥇Investing at Inditex is a win for now, targeting share price at $60 and $64 by H2 next year. #fashion #retail #highstreet #hm #mango #tendam #ecommerce #marketplace #asos #zalando #investment

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Luxury giant LVMH is making a strategic move to secure its supply chain and preserve artisanal excellence in Spain. Their recent acquisition of an 80% stake in the historic Catalan tannery Riba Guixà follows last year's purchase of a majority stake in the Valencian tannery Verdeveleno. Why Spain? ✔ Quality & Tradition ▪ Spanish leather has a well-deserved reputation for quality, making it a valuable asset for LVMH's brands. ▪ Riba Guixà, a family-owned business with nearly a century of experience from 1932, exemplifies this tradition. ✔ Preserving Craftsmanship ▪ LVMH Métiers d'Art, dedicated to safeguarding artisanal skills, sees Riba Guixà as a cornerstone for Spanish craftsmanship within the division. ▪ This acquisition ensures the continuation of these techniques and knowledge for future generations. ✔ Strategic Investment ▪ Spain's artisanal sector is a €6 billion industry, and LVMH recognizes its potential. ▪ By investing in companies like Riba Guixà and Verdeveleno, they secure their access to exceptional materials and strengthen Spain's position in the global leather industry. LVMH isn't alone in this approach. Chanel was the first to begin, major luxury players are increasingly acquiring historic workshops and factories to ensure the future of exceptional craftsmanship and guarantee excellence throughout their value chain. What Does This Mean? ✔ Consumers Win This focus on artisanal quality aligns with growing consumer demand for sustainable and high-quality products. ✔ Sustainability Focus LVMH emphasizes integrating Riba Guixà into Métiers d'Art, which promotes sustainable practices alongside traditional techniques. ✔ LVMH's Continued Leadership By securing their supply chain and promoting these time-honored skills, LVMH reinforces its position as a leader in luxury, ensuring its products remain synonymous with exclusivity and excellence. ------ ❓ What are your thoughts on this trend in the luxury industry? and Do you think brands like these will ever acquire an Indian company? 🤔 Source - Leather News #LVMH #SpanishCraftsmanship #LuruxyIndustry #tannery #Leather #LeatherIndustry #couro #acquistion

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Over the last five years, Inditex Group, the parent company of brands like Zara, Massimo Dutti, and Bershka, has maintained a dominant position in the global fashion retail market. 1. Revenue and Growth: Inditex has achieved significant revenue growth, reaching €32.6 billion in 2023, driven by the robust performance of its omnichannel model and global market expansion. The group also reported strong Q1 2024 sales growth of 7.1%, reaching €8.2 billion. 2. Key Factors Behind Inditex's Growth: - Agile Supply Chain and Fast Fashion Model: Inditex operates a highly responsive supply chain, enabling its flagship brand, Zara, to design, produce, and deliver new collections to stores within weeks. - Omnichannel Retail Integration: Inditex has effectively integrated online and offline retail, ensuring a seamless customer experience. Features like "Store Mode" and virtual fitting rooms enhance consumer convenience and engagement. - Global Market Penetration: The group has a robust global footprint, with over 6,000 stores across multiple brands in more than 90 markets. Expansion into high-growth regions like the U.S., Asia, and India has supported revenue growth. - Brand Portfolio Diversification: Beyond Zara, Inditex operates several other brands like Massimo Dutti, Bershka, and Pull&Bear, catering to different consumer segments. This diversification reduces dependency on any single brand or demographic. - Customer-Centric Innovation: Inditex continually invests in technology to improve customer experience, such as augmented reality for virtual fittings and mobile apps for in-store navigation and personalized shopping. - Efficient Cost Management: The company focuses on maintaining cost efficiencies through streamlined operations, effective supply chain management, and economies of scale. This helps sustain profitability even during challenging economic periods. 2. Key Challenges Faced by Inditex - Rising Competition: Competitors like Shein, H&M, and fast-growing online platforms are aggressively challenging Inditex's dominance by offering affordable fashion and leveraging data-driven customer insights. - Economic Pressures: Rising inflation and global economic slowdowns have impacted consumer spending, particularly in key markets like Europe. 3. Recommendations for Inditex To counteract recent declines and sustain its position, Inditex should: - Accelerate Digital Transformation: Enhance its e-commerce platform with AI-driven personalization and seamless customer experiences. - Invest in virtual fitting technologies and augmented reality for better online engagement. - Strengthen Regional Strategies: Localize offerings in emerging markets, particularly in Asia-Pacific and Africa, where fashion preferences differ significantly. - Target Gen Z and Millennials: Develop marketing strategies that resonate with younger audiences through social media, influencers, and exclusive collections. #Inditex #zara #smartretail #fashion #fashionretail

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The Business of Fashion x McKinsey & Company - The State of Fashion Report 2025: https://lnkd.in/eX-AJtxH Judged purely by the topline, the fashion industry’s outlook for 2025 appears to be a continuation of the sluggishness seen in 2024: revenue growth is expected to stabilise in the low single digits. 10 fashion industry themes that will set the agenda in 2025: 1. Trade Reconfigured Global trade will accelerate in the fashion industry in 2025 due to rising costs, evolving trade policies and sustainability targets. Fashion brands are likely to double down on diversifying their sourcing footprint in Asia. 2. Asia’s New Growth Engines China’s economic deceleration, changing consumer preferences & the return of international travel are making growth in the country highly challenging, leading international fashion brands to look to other Asian markets (India, Japan) 3. Discovery Reinvented Fashion shoppers are overwhelmed with choice, which negatively impacts their engagement and conversion rates with brands. 4. Silver Spenders Fashion brands have typically focused on youth, but in 2025 they may struggle to grow sales from younger shoppers alone. The “Silver Generation” aged over 50 represents a growing population with a high share of global spend. 5. Value Shift Macroeconomic pressures & rising prices have driven fashion shoppers to adopt cost-conscious behaviours. To capture customers’ share of wallet, brands will need to prove their value. 6. The Human Side of Sales Brands can achieve that by empowering their store associates to reach their full potential, as sales staff have a central & valuable role to play in connecting with customers. 7. Marketplaces Disrupted Share prices of no-luxury marketplaces have dropped as much as 98% since Covid peaks due to existential business model challenges & disruptions. Non-luxury marketplaces globally must carve out a clear role in the fashion ecosystem to survive. 8. Sportswear Showdown Challenger brands are forecast to generate over half of the sportswear segment’s economic profit in 2024, up from 20% in 2020. Brands will need to develop innovative products & use right ambassadors & channels to activate unique brand stories. 9. Inventory Excellence Inventory remains a challenge for the industry with both excess stock and stocks-outs impacting brands. Margin pressures & sustainability regulation will place greater emphasis on end-to-end planning excellence, with brands adopting tech tools & adjusting their operating model to support agile supply chains. 10. The Sustainability Collective Fragmentation & complexity across the fashion value chain, coupled with consumer reluctance to pay for sustainable products, are inherent barriers to reaching sustainability goals.

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"Embracing Change: My key takeaways from the Europe Fashion Summit" Last week, Europe Fashion Summit led by Liliana Briceño Callejas and Guillermo Garcia-Muchacho created an incredible platform, an event that was more than just sharing insights; it was about fostering a space where everyone could share new ideas, innovation and build relationships within the fashion community. As our industry navigates change and uncertainty, these discussions provided fresh perspectives that we can all take forward. Here are some key takeaways that resonated with me: Generative AI: Many discussions revolved around the potential of generative AI in creativity-focused use cases for design and product development. Brand Marketing: There’s a strong emphasis on cultivating emotional connections with customers, who are increasingly demanding authenticity and relatability. In-Store Experiences: As shoppers return to brick-and-mortar stores, there’s a growing desire for engaging brand experiences, presenting a significant opportunity to create lasting connections with customers. Sustainability: New sustainability regulations in the European Union and the U.S. will require brands and manufacturers to work together to develop initiatives aimed at reducing greenhouse gas emissions and waste. BUT as all the above seems vital to allow companies to thrive under challenges times......we can't forget PRODUCT is KING and a laser focus on offering the best assortment that resonates with your customers and is true to the brand DNA it should be on everyone's priority list. Let’s continue to CONNECT, COLLABORATE, CREATE AND INNOVATE together! Some of the amazing people I had the pleasure to speak with: Valentina Suarez-Zuloaga Ruyra, Charo Izquierdo, Marta V., Beatriz Carranza, Sonia @Flexibleplaces, ESTUDIO AGATHA RUIZ DE LA PRADA Felix De Iturriaga #EuropeFashionSummit #FashionIndustry #Collaboration #Networking #Innovation

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📈 💄 Puig, 𝘁𝗵𝗲 𝗦𝗽𝗮𝗻𝗶𝘀𝗵 𝗯𝗲𝗮𝘂𝘁𝘆 𝗴𝗿𝗼𝘂𝗽, 𝗵𝗮𝘀 𝘀𝗲𝘁 𝘁𝗵𝗲 𝗜𝗣𝗢 𝗽𝗿𝗶𝗰𝗲 𝗮𝘁 𝟮𝟰.𝟱𝟬 𝗲𝘂𝗿𝗼𝘀 𝗽𝗲𝗿 𝘀𝗵𝗮𝗿𝗲, 𝗺𝗮𝗿𝗸𝗶𝗻𝗴 𝗮 𝘀𝗶𝗴𝗻𝗶𝗳𝗶𝗰𝗮𝗻𝘁 𝗺𝗶𝗹𝗲𝘀𝘁𝗼𝗻𝗲 𝘄𝗶𝘁𝗵 𝗮 𝗺𝗮𝗿𝗸𝗲𝘁 𝗰𝗮𝗽𝗶𝘁𝗮𝗹𝗶𝘇𝗮𝘁𝗶𝗼𝗻 𝗼𝗳 𝟭𝟯.𝟵 𝗯𝗶𝗹𝗹𝗶𝗼𝗻 𝗲𝘂𝗿𝗼𝘀. 🇪🇸 🚀 The #IPO, oversubscribed across the price range, reflects strong investor demand. Puig, known for brands like Rabanne and Carolina Herrera, will commence trading on the 𝗦𝗽𝗮𝗻𝗶𝘀𝗵 𝘀𝘁𝗼𝗰𝗸 𝗺𝗮𝗿𝗸𝗲𝘁.. Despite competition, Puig's first-quarter net revenues grew by 10.1%, outpacing the premium beauty market. 🇪🇺 👨‍👩‍👧‍👦 As a family-owned company, Puig offers class B shares, maintaining 92.5% of voting rights. 𝗧𝗵𝗶𝘀 𝗺𝗼𝘃𝗲 𝗳𝗼𝗹𝗹𝗼𝘄𝘀 𝗮 𝘀𝗲𝗿𝗶𝗲𝘀 𝗼𝗳 𝘀𝘂𝗰𝗰𝗲𝘀𝘀𝗳𝘂𝗹 𝗘𝘂𝗿𝗼𝗽𝗲𝗮𝗻 𝘀𝘁𝗼𝗰𝗸 𝗹𝗶𝘀𝘁𝗶𝗻𝗴𝘀, indicating confidence in the beauty industry's growth. https://lnkd.in/gzs7E8vW #beauty #growth #europeanbrands #expansion #IPO #executivesearch

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The greatest asset for any listed company is investor confidence. It is the fundamental pillar that encourages fund managers to invest their money. Building trust is a process that starts even before going public. Companies can bet on high earnings expectations, allowing them to go public at a low multiple for a given valuation at the risk of disappointment if results are not achieved. Alternatively, they can give lower earnings expectations, implying a high valuation multiple that investors are not buying today. A difficult balance to achieve. For investors, buying shares in an IPO is a risky decision. They are buying companies for which they only have past data and do not know how they will manage in the future. At the end of the day, investors put money in and only ask for answers. There have been many cases of companies whose results after their IPO have been below expectations. If there are no answers, quality investors will sell and they will not come back to the company for years https://lnkd.in/ezUuZSWa

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Volume Up, Value Down: The Rise of Lower Ticket Items in Jewelry In recent years, the jewelry industry has witnessed a significant shift in consumer preferences and purchasing patterns. The current economic climate, coupled with the rise of direct-to-consumer (D2C) brands, has led to the emergence of lower-priced jewelry items. This shift has not only posed challenges to manufacturers' capacity but has also highlighted the importance of delivering a meaningful difference to consumers. Escape the sea of sameness and thrive in an increasingly competitive market. D2C brands have leveraged technology and social media to build strong online presence and engage with their target. The increasing demand for lower-priced jewelry has placed considerable strain on manufacturers' capacity. Producing high-quality jewelry at affordable prices requires meticulous craftsmanship and efficient production processes. Every dollar counts in this scenario, as manufacturers need to strike a delicate balance between cost optimization and maintaining the desired level of quality. This challenge has pushed manufacturers to embrace innovative manufacturing techniques and optimize their supply chains to meet the growing demand. As the market becomes saturated with lower-priced jewelry options, standing out from the competition is crucial for brands. Simply offering affordable jewelry is no longer enough to capture consumer attention. Brands must focus on understanding their target customer base, their preferences, and aspirations. By creating unique designs, incorporating meaningful stories, or using sustainable materials, brands can differentiate themselves and offer a compelling value proposition to consumers. Building an emotional connection with customers becomes paramount in escaping the sea of sameness. Knowing your customer is essential in delivering a personalized and memorable experience, which ultimately leads to brand loyalty and higher price command. Failing to differentiate or deliver a meaningful difference can result in stagnation or even decline. A well crafted strategy well executed is paramount to any brand. #luxurybrands #jewelry #shimansky #luxuryretail #brandstrategy #diamondjewelrt

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It was great to speak to CNBC about Inditex’s very impressive H1 results. In the first half sales rose by 7.2%, to reach €18.1 billion (constant currency +10.2%) demonstrating solid performance across both physical stores and online channels. Gross profit increased 7.5% to €10.5 billion. The business has such strong momentum, with new store openings and a more sophisticated omnichannel proposition propelling growth and profitability. Its scale is incredible, operating in 214 markets, including key stores in prime locations across Europe, the Americas, and Asia (even Kazakhstan). In the last FY, sales topped €35 billion. Growth in operating expenses (H1 +6.8%) remained below the pace of sales growth allowing them to expand profitability even with new store expansions and inflationary pressures. The retailer maintains a healthy net cash position, growing by 3.5% to €10.9 billion, providing a solid foundation for future investments. ➡ Strong Performance of Autumn/Winter Collections: The early success of the Autumn/Winter 2024 collections shows continued momentum, with store and online sales up 11% in constant currency from 1 August to 8 September 2024 compared to the previous year, suggesting strong consumer appetite and effective product launches. ➡ Advancing Digital Integration: Inditex is rolling out new security (RFID) technology across Zara stores to improve the customer experience and enhance digital integration. These initiatives are part of their broader strategy to blend physical and digital shopping seamlessly, driving increased customer engagement and loyalty. ➡ Strategic Outlook and Future Investments: Looking ahead, Inditex plans to further scale its logistics capabilities with an extraordinary two-year investment programme, allocating €900 million per year for 2024 and 2025. This will support continued growth, improve supply chain resilience, and maintain their competitive edge in a highly fragmented retail sector. Key Inditex Facts 💠 Inditex operates in 214 markets across 5,667 stores 💠 The business plans to allocate €900 million (24/25) to increase logistics capacities. 💠 In July Inditex announced an equity investment in GALY, a US startup that has developed innovative technology for growing cotton in a lab from cotton stem cells. 💠 In August 2024, Inditex launched their second CIRC X Zara collection, designed by Zara Studio and made from textile waste. 💠 The Zara Pre-Owned platform, currently available in 16 European markets, will reach the US by the end of October 2024. 💠 Brands include Zara, Zara Home, Pull&Bear, Massimo Dutti, Bershka, Stradivarious and Oysho. Sign up below for more insight ⬇️ https://lnkd.in/d-z25aM #Inditex #Zara #RetailEconomics

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Inditex is very polarizing but, at the end, they continue to grow and to elevate their brands image And these are the results… “The Spring/Summer collections have been very well received by our customers. Sales grew 7.2%, to reach €18.1 billion, showing very satisfactory development both in stores and online. Sales were positive in all concepts. Sales in constant currency grew 10.2%. / Gross profit increased 7.5% to €10.5 billion. The gross margin reached 58.3% (+19 bps versus 1H2023)” I am reading a beautiful book on “desire” by a French contemporary philosopher and sociologist and I will write about the “irresistible desire for #fashion” that is keeping all of us and our planet at stake in next Sunday newsletter. The situation is more complex than we can expect and a mix of economics and sociology can help us understand. We continue to criticize fast fashion and we continue to buy it. And they constantly evolve and improve while high-end fashion seems to be irremediably stuck in the old, faded glory #fastfashion

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In an era where social relevance is currency, can Off-White afford to operate like a standard brand? Virgil Abloh’s genius was in making Off-White more than just a fashion label—it became a cultural movement. Now, with social and cultural influence so vital, it raises the question: Can Off-White maintain that edge without evolving? What if Pharrell Williams were to take over as Creative Director? This is not to discredit the current team—who have done remarkable work—but simply social commentary on the potential shift in the brand’s cultural narrative. Pharrell’s ability to bridge fashion, music, and activism makes him a natural fit for maintaining Off-White’s social currency. His presence could propel the brand forward, much like Abloh’s legacy did, ensuring that Off-White remains a cultural force, not just another luxury brand. In today’s fashion landscape, maintaining relevance goes beyond product—it’s about continuing the conversation, setting trends, and making statements that resonate with society at large. Up next: Samuel Ross’ next move…. #OffWhite #VirgilAbloh #PharrellWilliams #CulturalCurrency #FashionStrategy #SocialRelevance #LuxuryStreetwear #BrandEvolution #SocialCommentary

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One day after EssilorLuxottica announced its deal to acquire Supreme from VF Corporation, Meta, Facebook's owner, is in talks to acquire a stake of about 5% in the eyewear company. Based on recent market value, a roughly 5% stake could be valued at around $5 billion, a relatively small for Meta, given its market value of around $1.2 trillion. EssilorLuxottica makes Meta's Ray Ban smart glasses and sales of the glasses have exceeded expectations. The devices, an important part of Meta’s hardware strategy, allow users to take photos and listen to music with the frames of their glasses, among other features. Maintaining ties with Luxottica is crucial for the success of smart glasses devices and the company’s ambitions to build the so-called metaverse, which is a term used to describe people interacting in a 3-D version of the internet simultaneously. A third generation of Ray-Ban Meta glasses, expected to include a small screen display, is expected to be ready for consumers in time for the 2025 holiday season. The allure of Luxottica’s Ray-Ban brand is important to the success of a tech device that users are expected to wear on their faces. Luxottica’s ownership of LensCrafters, the prescription-eyewear retailer, also plays a key role in selling the Ray-Ban Meta to users who require prescription lenses. The two companies began working together several years ago for the release of the first generation Ray-Ban Stories smart glasses, which went on sale in 2021. The initial device struggled to catch on with consumers, and among the glasses that were sold, only 10% of the Ray-Ban Stories were actively used by their purchasers. The second-generation Ray-Ban Meta glasses went on sale in September and have done significantly better than their predecessors. The Ray-Ban Meta glasses operate more quickly and have better cameras than their predecessor. The Ray-Ban Meta also includes nascent generative #AI technology that allows users to ask the device for information about the things in front of them, such as the breed of a cat. The Ray-Ban Meta glasses have proven popular for users who want to shoot hands-free videos of their children playing and first-person videos of themselves while going on roller coasters or riding bikes. Meta hasn’t said how well the Ray-Ban Meta glasses have sold, but CEO Mark Zuckerberg said in April that the device was doing well and that a market for that type of device was developing sooner than he would have expected. Meta sells its own devices to employees at a discount, and offers the Ray-Ban Meta glasses at a 15% discount with a limit of 3 pairs per employee. The new glasses have proven so popular internally that some employees have tried to get extra pairs from their colleagues after hitting the 3-pair limit. #strategy #technology #smartdevice https://lnkd.in/ePwG-bSc?

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A good and more or less accurate analysis of the current luxury sector.

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Another key issue of the #fashion and #luxury industry Too many merchandisers on Excel, not enough qualitative observation Too many data analysts in the consulting firms, not enough weak signals readers Too much figures and data and not enough space to intuition. Show me a successful entrepreneur who developed a company based on data and forecast! How fool are those who believe in written recipes and pre-cooked meals!

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In recent times, the fashion industry has faced immense scrutiny for its harmful impact on the environment and society. However, with growing awareness of sustainability and ethical practices, Europe’s fashion industry is taking bold steps towards more eco-friendly and conscious clothing choices. This article provides a comprehensive analysis of the transformations taking place within the European fashion sector, highlighting the driving forces behind these changes and the potential advantages they present for both consumers and the environment. Read more...... https://lnkd.in/gn_2T2XE #sustainbility #moderntechnology #revoliution #europeanbuyers #brazil #netherlands #german

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Here are some interesting stories from the world of retail for Monday, April 22: 👕 Fashion retailer EXPRESS has filed for Chapter 11 bankruptcy, announcing the closure of more than 100 stores. The company listed assets and liabilities ranging from $1bn to $10bn. 👟 Nike reverses course as innovation stalls and rivals gain ground. The shoe giant has stumbled as CEO John Donahoe pulled away from retailers and relied on old hits. Now it says it’s refocusing on cutting-edge footwear for athletes. 🏬 Levi Strauss & Co. is leaning into its stand-alone stores to glean insight into shifting consumer tastes. The plan is working: nearly half of sales now come from selling directly to shoppers. 💷 Thai conglomerate Central Group, co-owner of Selfridges, is seeking ways to gain more control over the luxury retail chain amid a financial crisis engulfing its Austrian co-owner, Signa. ❤️ Oura Ring is launching a new partnership with Target, the next step in the health tech brand’s retail expansion as it seeks to grow sales outside of its website. 👖 Wrangler's women's business is growing thanks to the cowboy trend. While other fashion brands are embracing “cowboy culture” as a momentary trend, Wrangler has made the Western aesthetic core to its identity. 🌯 Chipotle Mexican Grill keeps raising prices. Gym rats and millennials are still buying burritos: the chain outperforms restaurant rivals with customers who tend to have higher incomes and be health conscious. 🧩 Board game makers are evolving their products and re-imagining classics to stay competitive and align with new consumer trends. Mattel, Inc. recently unveiled Scrabble Together, a 'collaborative' and 'more accessible' version. 💊 Most people taking GLP-1 weight-loss medications say they are spending less on eating out at restaurants and ordering takeout. A smaller share of those surveyed say they are tightening their purse strings in the grocery store. 🚗 America’s car dealers started March with an oversupply of new vehicles. They worked hard through the month and sold cars at a faster clip than the month before. As a result, they started April with an oversupply of new cars. 🌳 Greenwashing has become the fashion marketer’s biggest concern. Now, legislation from the EU, like the Greenwashing Directive enacted in March 2024, is accelerating the shift toward better communication. 🛠️ A The Home Depot in a New York City suburb has hired security guards to deter aggressive migrants from harassing shoppers and thieves from breaking into cars, according to a report. 🧀 Individually wrapped cheese would be largely banned under a far-reaching bill getting pushed by New York environmentalists and politicians to reduce the use of plastics. #retail #retailnews #economy #DailyRetailNews

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Do you care about ethical labor in the fashion industry? So do we. At Inside Fashion Design, we are on a mission to be the go-to resource for conscious fashion industry professionals like you. Together, we can continue pushing the fashion industry toward an ethical, sustainable, conscious future. 🌱🌎💚 #sustainablefashion #ethicalfashion #consciousfashiondesign #consciousconsumption #awarenesspost #ifdconnect #insidefashiondesign #concsiousdesign

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spot on—excessive price hikes are a short-term fix for declining sales volumes but risk alienating loyal customers. Luxury brands need to focus on value and sustainability company DNA rather than desperate pricing strategies that could undermine their long-term success.

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Here are some interesting stories from the world of retail for Saturday, October 5: 🫱🏻‍🫲🏽 SHEIN’s senior executives, including founder Sky Xu, are expected to meet potential US investors over the coming week as the fashion giant moves closer to a potential listing in London. 👚 The American Apparel & Footwear Association (AAFA) has recommended all of Meta’s social media platforms for inclusion on the upcoming “notorious markets” counterfeiting list. ⛳️ A logo dispute between Tiger Woods’ apparel company Sun Day Red and Tigeraire, a company that makes cooling products for athletes, is now in the hands of the federal court system. 🚢 The port strike has ended. But it will still take a while for the flow of goods to return to normal. Ahead of the strike various logistics experts had said it would take three to five days to recover from any one day the ports were shut. 🚚 After delivering frozen foods to doorsteps from iconic yellow trucks for more than 70 years, Yelloh — previously known as Schwan’s Home Delivery — plans to shut down in November. ✂️ Poshmark this week lowered seller fees, replacing its 20% take in the US with a new structure. Sellers will now be charged 5.99% of the order total plus a fixed fee depending on the price of the product sold. 🏬 Hamilton Marketplace, a prominent shopping centre in New Jersey that boasts a 99% occupancy rate and over 1m sq ft of retail space, has been acquired by Paramount Realty for over $100m. 👜 Frasers Group has acquired £4m worth of shares in Mulberry, increasing owner Mike Ashley's stake to approximately 37%. The move comes shortly after Frasers' £83m takeover bid was rejected by Mulberry's board. 💵 Despite high prices and rising home costs, American spending on burgers, drinks and travel powered much of last month’s strong hiring even as other economic engines like manufacturing, tech and finance have idled. 🦆 Swedish clothing retailer H&M plans to phase out its use of virgin down and feathers, materials harvested from ducks and geese, by the end of 2025. The company aims to use only post-consumer recycled down and feathers. 🍺 Constellation Brands has exceeded Wall Street estimates with its second-quarter results, driven by strong demand for its beer brands, particularly Modelo Especial and Pacifico. ⌚️ UK-based Watches of Switzerland has acquired watch enthusiast platform Hodinkee, which operates a website, magazine, brand partnerships division and insurance business, for an undisclosed sum. 📈 America's job market roared back in September as US employers adding 254,000 jobs, according to the Bureau of Labor Statistics. 🇭🇰 Hong Kong's struggling retail market is prompting landlords to offer significant discounts, creating opportunities for brands to expand. #retail #retailnews #economy #DailyRetailNews

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