Off-price retailer Macy’s Inc. has announced it is joining a number of initiatives and partnerships with the aim of advancing its sustainability and community-centred priorities. The retailer has revealed that it has joined the Better Cotton organisation in support of its goal to use 100 percent “preferred materials” in its exclusive brands by...
May 23, 2022
American department store chain Macy’s Inc. has revealed plans to open a new 1.4 million square foot fulfilment centre in North Carolina in a bid to “meet the growing demands of its omnichannel business”. Set to open in 2024, the new facility will come complete with automated direct-to-consumer fulfilment capacity and will employ around 2,800...
Apr 1, 2022
Macy’s, Inc. has announced the appointment of Marie Chandoha, former president and chief executive officer of Charles Schwab Investment Management, and Jill Granoff, managing partner of Eurazeo and chief executive officer of Eurazeo’s Brands division, to its board of directors, effective April 1, 2022. “Marie’s deep financial services and...
Mar 30, 2022
American retailer Macy’s Inc has appointed Emily Erusha-Hilleque as its senior vice president for private brands. Erusha-Hilleque joins Macy’s from Target Corporation, where she most recently served as the design director of ready-to-wear, young contemporary private label, and design partnerships, responsible for building, launching and growing...
Mar 14, 2022
Pandora is to expand in the US in partnership with Macy’s as part of its long-term growth goals to increase market share and revenue in the country. The jewellery brand launched in five Macy’s stores in the US in November 2021 and now plans to expand to approximately 28 additional locations in 2022 in “key market locations” across the US. The...
Feb 22, 2022
Macy’s Flagship store in New York City will be filled with live flowers, plants, trees, and various unique floral arrangements during its 46th annual flower show and, for the first time, with a special presentation at Herald Square Park taking place between May 2 and 16. For this year’s theme, Macy’s has partnered with the Fashion Institute of...
Apr 29, 2021
Fashion has been the most hard hit category by Covid-19 pandemic. Compulsory store closures, work from home schedules followed by low footfall at opened stores, negatively impacted sales at almost every brick and mortar fashion retailer. According to Reuters, the Office for National Statistics report showed that clothing sales declined 19...
Dec 23, 2020
The global virtual fitting room market is forecasted to grow from 3 million dollars in 2019 to 6.5 million dollars by 2025, according to new research by Valuates Reports. The rise in online shopping is driving the growth of the virtual fitting room market size, with the new technology looking to decrease the exchange and return rate, and enhance...
Oct 15, 2020
Department store operator Macy’s has signed a deal to invest in Sweden-based payment group Klarna. The news was reported by CNBC. This makes Macy’s Klarna’s latest retail partner joining rapper Snoop Dogg and investment managing company BlackRock. The deal includes a five-year partnership between the two companies where Macy’s customers will get...
Oct 7, 2020
New York – After seeing its capitalization reduced to one fourth of what it was at the end of 2019, Macy’s is being removed from the S&P 500 Index. S&P Dow Jones Indices, which oversees the index, has also explained that the U.S. department stores operator will join the S&P 600 Small Cap Index. It’s worth highlighting that Its market...
Apr 8, 2020
Major US department store chains JCPenney and Macy’s have both announced they will debut selling used apparel through partnerships with San Francisco-based fashion resale company ThredUp. JCPenney said on Friday that 30 of its stores will start offering a seasonal array of resale handbags and women’s fashion from the secondhand apparel company,...
Aug 16, 2019
What’s going on in the world of fashion this week? FashionUnited takes a look ahead at the upcoming news and events for the 33rd week of the year. Below are the main points from the editorial agenda in the period between 12-18 August, 2019. JD.com Q2 (13 August) JD.com reported a 20.9 percent increase in net revenues to 121.1 billion yuan (118...
Aug 12, 2019
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