The CFDA and Vogue have announced the 16th season of the CFDA/Vogue Fashion Fund's Americans in Paris, with participating designers including CVFF runner-up, Emily Adams Bode, and CVFF winner Kerby Jean-Raymond.
New research into U.S. consumer behaviors, specifically those of Gen Zers and millennials, found these groups love shopping online, crave luxury, and want online features that mimic real-life shopping experiences.
Klarna, the Swedish payments specialist has a new minority investor - rapper Snoop Dogg via his Casa Verde Capital fund. The company has also just unveiled a new marketing campaign starring the celebrity.
Missguided said in its latest set of results that it’s focusing heavily on its core e-tail offer to boost its profits, and evidence of this has come fast with news that the company has added pay-later tech to its app.
A new report has warned about the growing use of credit options amongst young online shoppers, as data reveals that over a quarter of millennials have used such payment options, like ‘buy now pay later’ in the past year.
H&M is acquiring a stake in Swedish fintech company Klarna, the Financial Times reported. The world's second-largest clothes retailer is paying SEK 185 million (15.6 million pounds) for a stake of less than 1 percent.
Many fashion retailers are jumping headfirst into new ‘sexy’ technology but their enthusiasm often clouds their judgement and they’re giving consumers what they’re not necessarily interested in having.