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Report: Forever 21 Will Reestablish  Physical Presence in China With a New Store

Retail TouchPoints

The fast fashion retailer initially re-entered China for the third time in August 2021 through online platforms Vipshop and Pinduoduo. Forever 21 first entered China in 2008 but left the country a year later. to manage Forever 21’s China operations. The Chinese ecommerce market is expected to be worth $3.3

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Qurate Hires Nordstrom Vet to Lead Zulily as it Accelerates Personalized Digital Experiences

Retail TouchPoints

Boyle most recently founded and led Behold , a venture-backed online startup focused on women’s fashion. He was the first executive hired at HauteLook in 2008 and joined Nordstrom ’s leadership following that company’s acquisition in 2011.

Fashion 263
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Kohl’s Reaches Agreement with Activist Investors, Names Three New Board Members

Retail TouchPoints

The group of investors — which include Macellum Advisors GP, Ancora Holdings, Legion Partners Asset Management and 4010 Capital — collectively own 9.3% More about the new directors: Christine Day is Co-founder and Executive Chairman of The House of LR&C , a new concept in retail with a focus on fashion and sustainability.

Apparel 166
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Moving into the Metaverse: Growing Swath of Brands Test Out Virtual Experiences

Retail TouchPoints

Visitors can play the fashion show mini-game “Style Stage,” make a stop at a juice bar and capture photos with their friends in a photobooth. “We Tommy Hilfiger is following up its first foray into Roblox in December 2021 — which took the form of a collection of co-created avatar fashions — with the debut of a new game called Tommy Play.

Games 341
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Risk averse GenZ and Millenials make over 90% of purchases via a debit card says ClearPay

365 Retail

ClearPay’s Richard Bayer, EVP, Country Manager and Head of Sales , while on a panel at the Ecommerce Expo, co-located with Technology for Marketing, said “GenZ and millennials make over 90% of their purchases using a debit card. This has been, further, exacerbated by the cost of living crisis happening in the UK.

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Weird Fish appoints David Butler as Chief Executive Officer

365 Retail

Prior to Crew Clothing, David was Managing Director Europe of Ecco where he developed the retailer’s strategy and expansion in Europe and grew the estate to more than 300 outlets across the continent.

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Why Digital-Native Brands Are Moving In-Store

Optimizely

Last year’s closures even managed to beat the previous record of 6,163 store closings in 2008 — mid-financial crisis. Take fashion retailer Frank & Oak , which caters mostly to the millennial market. In the retail industry, 2017 was a record year — but unfortunately not for a reason we should celebrate.

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