On Friday afternoon, UK e-tail giant Boohoo became the first big-name retailer to ban wool in its products. By Friday evening, it had become the first big-name retailer to change its mind on the subject.
Imports at major U.S. container ports are levelling off after retailers' months-long rush to bring in Chinese merchandise before higher tariffs hit, according to a retail trade report issued on Tuesday.
Piper Jaffray has released the results of its 36th “Taking Stock With Teens” study, showing that Gen-Z girls are now spending three times more on beauty than accessories, while streetwear still dominates apparel trends.
Apparel retailer Gap Inc's namesake brand reported a bigger-than-expected drop in quarterly same-store sales, overshadowing strength in revenue and profit beat and pushing the company's shares down nearly 7 percent.