Fashion Startup Founder Pleads Guilty in $300 Million Fraud
Christine Hunsicker admitted she falsified financial statements to promote CaaStle Inc. as a valuable, growing business when in reality it was struggling.
Retail Prophet
Retail
How Private Equity Failed North America’s Oldest Retailer
Hudson’s Bay is the latest victim of a strategy that involves loads struggling retailers up with debt and cutting costs to the bone, with predictable results, argues Doug Stephens.
How Private Equity Failed North America’s Oldest Retailer
Hudson’s Bay is the latest victim of a strategy that involves loads struggling retailers up with debt and cutting costs to the bone, with predictable results, argues Doug Stephens.
Retail
Why Retailers Must Help Rebuild Society
We are crossing over into a new era where competitive advantage for major retailers which will come, not through further extraction of value from society, but through contribution of value to society, argues futurist Doug Stephens.
Why Retailers Must Help Rebuild Society
We are crossing over into a new era where competitive advantage for major retailers which will come, not through further extraction of value from society, but through contribution of value to society, argues futurist Doug Stephens.
Retail
Human Creativity Is Key to Winning the AI Revolution
Over the next decade, artificial intelligence will bring unprecedented cost savings to the retail sector. The era’s winners will be those that re-invest these savings in human imagination.
Human Creativity Is Key to Winning the AI Revolution
Over the next decade, artificial intelligence will bring unprecedented cost savings to the retail sector. The era’s winners will be those that re-invest these savings in human imagination.
Technology
The Metaverse Crash Is Exactly the Moment to Take the Metaverse Seriously
Many of the high-flying concepts and companies that led the charge into the metaverse and web3 have come crashing down to earth. Ironically, this makes it exactly the right time to take these visions of the future seriously, argues Doug Stephens.
The Metaverse Crash Is Exactly the Moment to Take the Metaverse Seriously
Many of the high-flying concepts and companies that led the charge into the metaverse and web3 have come crashing down to earth. Ironically, this makes it exactly the right time to take these visions of the future seriously, argues Doug Stephens.
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Retail
Navigating Retail’s New Era of Risk
In the post-Covid era, retailers who rethink their supply chains will lower their exposure to risk and unlock profound competitive advantage, argues Doug Stephens.
Navigating Retail’s New Era of Risk
In the post-Covid era, retailers who rethink their supply chains will lower their exposure to risk and unlock profound competitive advantage, argues Doug Stephens.
Retail
How Retail’s Bad Practices Weaken the West
While geopolitical events have disrupted retail, retail has also been a chief contributor to geopolitical disruption, writes Doug Stephens.
How Retail’s Bad Practices Weaken the West
While geopolitical events have disrupted retail, retail has also been a chief contributor to geopolitical disruption, writes Doug Stephens.
Retail
The Question No One Is Asking About the Metaverse
Is the metaverse good for the world? Retailers must bake environmental and social awareness into their strategies from the start, argues Doug Stephens.
The Question No One Is Asking About the Metaverse
Is the metaverse good for the world? Retailers must bake environmental and social awareness into their strategies from the start, argues Doug Stephens.
Retail
The Existential Question Facing Every Retailer Today
Retailers must create radical value, not just for consumers, but for brands.
The Existential Question Facing Every Retailer Today
Retailers must create radical value, not just for consumers, but for brands.
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Retail
The Metaverse Will Radically Change Retail
The coming of a collective, persistent, virtual reality will fundamentally transform how we live and shop, writes retail guru Doug Stephens.
The Metaverse Will Radically Change Retail
The coming of a collective, persistent, virtual reality will fundamentally transform how we live and shop, writes retail guru Doug Stephens.
Retail
In Retail, Discovery Is Dying
The unbundling of iTunes and the algorithmic echo chambers of Facebook have spilled into retail, robbing consumers of surprise and serendipity, but there is opportunity in this state of affairs, argues Doug Stephens.
In Retail, Discovery Is Dying
The unbundling of iTunes and the algorithmic echo chambers of Facebook have spilled into retail, robbing consumers of surprise and serendipity, but there is opportunity in this state of affairs, argues Doug Stephens.
Retail
Why Editorial Brands Will Dominate Retail’s ‘Long Tale’
Brands and retailers must create their own deep and sticky ecosystems of content, argues Doug Stephens.
Why Editorial Brands Will Dominate Retail’s ‘Long Tale’
Brands and retailers must create their own deep and sticky ecosystems of content, argues Doug Stephens.
Retail
You Can’t Predict the Future of Retail, but You Can Prepare for It
In an exclusive excerpt from his new book, ‘Resurrecting Retail: The Future of Business in a Post-Pandemic World,’ Doug Stephens outlines the common pitfalls to which business leaders fall victim when tasked with devising strategies for the future.
You Can’t Predict the Future of Retail, but You Can Prepare for It
In an exclusive excerpt from his new book, ‘Resurrecting Retail: The Future of Business in a Post-Pandemic World,’ Doug Stephens outlines the common pitfalls to which business leaders fall victim when tasked with devising strategies for the future.
The News in Brief
Victoria’s Secret Forecasts Its Best Year Since L Brands Split
The underwear company is anticipating net sales of at least $6.85 billion in the current fiscal year, exceeding analyst estimates and marking the highest revenue since its split from L Brands Inc in 2021.
Uniqlo Aims to Grow Tenfold in India With Summer-Centric Clothes
The Japanese brand is accelerating its expansion in India to capture a greater share of the rapidly growing apparel market and affluent consumer base.
Oasis Pressures Kao in Latest Japan Activist Investor Push
Activist fund Oasis Management Co. is calling on the Japanese personal care company to convene an extraordinary general meeting, seeking a probe into its supply-chain risk management and internal control.
American Eagle Forecasts Sales Growth Above Estimates on Demand From Wealthy Shoppers
The retailer surpassed annual sales forecasts but expects a $60 million drag from import tariffs in the first half of 2026.
Missoni Family Exits Namesake Brand
The transaction gives FSI, a Milan-based private equity fund, a controlling share in the Italian luxury house, as more founder-owned brands turn to investors to fund growth and weather a tough global market.
Ross Stores Forecasts Annual Sales Above Estimates on Resilient Demand for Discounted Apparel
Spend growth at off-price chains is among the strongest in retail, with gains across all income segments.
Abercrombie & Fitch Forecasts Muted Annual Sales Amid Tariff Uncertainty
The retailer said it was accounting for the 15 percent tariff announced by US president Donald Trump after the Supreme Court struck down most of his earlier tariffs.