Top stories this week on Just Style…
Amazon Style: A “magic wardrobe” to a new fashion retail world?
Amazon Style is here: The e-commerce giant’s latest push to dominate the fashion retail industry. It’s a physical apparel store complete with high-tech shopping and virtual changing rooms. Industry experts suggest it could be the way of the future.
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Ralph Lauren eyes metaverse opportunities
US-based Ralph Lauren is another brand focused on chasing opportunities in the metaverse, CEO Patrice Louvet confirmed yesterday (17 January) at the National Retail Federation’s annual conference.
US apparel industry shares wider concerns following vaccine mandate
The American Apparel and Footwear Association (AAFA) points out Covid vaccinations are needed throughout the global apparel supply chain, and not just in the US, to reduce further backlogs following the enactment of the US vaccine mandate.
Primark mulls 400 job cuts across UK stores
UK value fashion retailer Primark is considering cutting about 400 jobs across its UK store estate as it works to simplify its retail operations.
US holiday sales surge to record US$886.7bn
Retail sales during 2021’s November-December holiday season grew 14.1% over 2020 to US$886.7bn – beating the National Retail Federation’s forecast and setting a new record despite challenges from inflation, supply chain disruptions, and the ongoing pandemic.
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