AvatarOwen GeronimoFlipboardIcon version of the Flipboard logoLouis Vuitton Just Took a Big Step to Combat Counterfeits Onlineverified_publisherracked.com - Ellie KrupnickSince the dawn of the internet, online luxury shopping has been dogged by online luxury counterfeiting, especially on sprawling sites like eBay and its Chinese equivalent, Alibaba-owned Taobao. Finally, the retailers and the brands are teaming up. Alibaba Group announced Monday that it’s forming a …
AvatarFashion Tech MediaAvatarAvatarFive Predictions For Retail In 2017Forbes - Nikki BairdIt’s the time of year when everyone is looking to set their expectations for the year ahead. For retail, 2017 promises more disruption ahead as retailers try to figure out the changing shopping behaviors they see from customers who are more digitally savvy than ever. Here is my take on five …
AvatarOwen GeronimoAvatarAvatar8 Tech Trends That Will Shape The Future Of Fashion And Luxury Retail In 2017Forbes - Rachel ArthurThe fashion industry – from your department store to your luxury boutique – is undergoing significant change at the hands of the digital revolution. That’s not new in concept. Neither, mind you, is talking about things like artificial intelligence, virtual reality or blockchain as emerging …
AvatarOwen GeronimoAvatarAvatarKenneth Cole Is Shutting Down All Of Its Outlet Storesverified_publisherFortune - Madeline FarberIf you love Kenneth Cole outlet stores, you better shop fast: The fashion retailer is shutting all of them down within the next six months. Closing …
AvatarOwen GeronimoAvatarAvatarBanana Republic is destroying Gapverified_publisherBusiness Insider - Mallory SchlossbergGap Inc. is falling apart — and Banana Republic is its weakest link. In the second quarter, the parent company of Gap, Old Navy, and Banana Republic saw sales slip 2%, the company announced on Thursday. Out of its three core brands, Banana Republic saw sales plummet the most dramatically: -9%, versus …
AvatarOwen GeronimoAvatarAvatarWestfield's new World Trade Center mall puts in-store tech center stageDigiday - By Hilary MilnesWith today’s opening of Westfield World Trade Center in lower Manhattan, the shopping mall is showing signs of new life. The $1.4 billion, …
AvatarOwen GeronimoAvatarAvatar'I think it is a terrible mistake': Ex-Sears executive says Walmart just wasted $3 billion on Jet.comverified_publisherBusiness Insider - Hayley PetersonWalmart's $3 billion purchase of Jet.com has largely been praised as a win for both companies, but not everyone believes it was a good idea. Supporters say the acquisition should help Walmart improve its e-commerce business, which has been criticized in the past for falling so far behind …
AvatarOwen GeronimoAvatarAvatarWal-Mart is interested in acquiring discount retailer Jet.comverified_publisherEngadget - Brittany VincentIf completed, this deal could be one of Wal-Mart's biggest yet. Wal-Mart Stores Inc. is currently in talks to purchase online retailer Jet.com, if reports are to be believed. The deal would offer venues for Wal-Mart to expand beyond its current set of e-commerce efforts including faster home delivery …
AvatarOwen GeronimoAvatarAvatarNike is facing unprecedented headwindsverified_publisherBusiness Insider - Mallory SchlossbergAnalysts and consumers alike have long viewed Nike as invincible to the problems in the retail world. But after the company's most recent earnings reports, investors and analysts are getting worried about the future of one of the world's most dominant retailers. Even though revenue grew 6%, the …
AvatarOwen GeronimoAvatarAvatarWhat We Can Learn From 3 Companies Using Technology To Disrupt The Retail BusinessForbes - James GiancottiSingapore is deemed by some as an idyllic place to foster a new breed of technologically innovative enterprises. As part of the efforts to develop a new breed of technologically innovative global enterprises, many new initiatives promote the inclusion and innovation of technology to make a wave of …
AvatarOwen GeronimoAvatarAvatarWalmart now lets customers pay with its app at many stores across the USverified_publisherThe Verge - T.C. SottekWalmart introduced a mobile payment feature last year that lets customers use its app to pay at checkout, and now the service is getting close to reaching nationwide availability. As Engadget first reported, the service has just expanded to more than 30 states just in the past two months, including …