In a move to improve the customer experience, Gap Inc.’s largest brand is deploying new technology that gives its store associates real-time, in-store inventory information.
Fast-growing global fashion brand Mango is replacing its fragmented, outdated systems with an integrated, AI-powered, and data-driven planning framework.
Shein and Uniqlo are gaining ground in the fast-fashion space while high-end shoppers are pulling back, and emerging athletic brands are challenging legacy players such as Nike.
The operator of Forever 21 stores in the United States has filed for bankruptcy protection citing fierce competition from Shein and Temu. It's the chain's second filing in six years.
American Eagle Outfitters reported profit and comparative sales gains for the holiday quarter, but echoed other retailers in saying that consumer demand was slowing.