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2 days ago | 
insideretail.asia | Tong Van
Starting May 1, American shoppers browsing Hermes’ opulent boutiques for a $12,000 Birkin or a $3000 silk coat will find themselves paying even more. Hermes announced it will raise prices in the US in response to the imposition of tariffs. Eric du Halgouet, CFO of Hermes, said during the group’s earnings call that the price rise is expected to “fully offset” the effects of a 10 per cent universal tariff imposed by President Donald Trump’s administration earlier this month. onth.
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1 week ago | 
insideretail.us | Darshana Gupta |Tong Van |Nicole Kirichanskaya |Celene Ignacio
Grown Alchemist, an Australian beauty brand, has partnered with US luxury retailer Nordstrom to bring its products to the retailer’s e-commerce platform. The company uses biotechnology to develop plant-powered products and provide total skin health. The new deal with Nordstrom will allow Grown Alchemist to provide its products to a consumer market that prioritises holistic self-care and wellness.
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1 week ago | 
insideretail.us | Scott Murdoch |Kim Coghill |Mrigank Dhaniwala |Tong Van
Chinese tea firm Chagee has raised $411 million by setting the price of its shares at $28 each in its New York initial public offering, according to two sources with direct knowledge of the matter. The sources could not be identified discussing confidential information. Chagee did not immediately respond to a request for comment. Chagee launched the deal last week as financial markets grappled with the prospect of a global trade war resulting from US President Donald Trump’s tariffs package.
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1 week ago | 
insideretail.us | Sean Cao |Tong Van |Celene Ignacio
Sports retailer Lids has reinvented its store concept with a strong focus on personalization to elevate the shopping experience. The new format features a modernized layout, an enhanced ‘Custom Zone’, and an expanded selection of exclusive products that emphasize on individual styles. The reimagined Custom Zone offers shoppers even more personalization options for their hats and jerseys. The space features ‘Build-A-Cap’ kiosks allowing shoppers to digitally personalize headwear directly in store.
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1 week ago | 
insideretail.us | Tong Van
Since its founding in 1999, Iroo has set itself apart in the fashion sector by offering new collections weekly rather than following the industry’s standard seasonal drop. Iroo integrates international influences with a distinctly Taiwanese aesthetic, catering to local tastes. Its retail model prioritizes a curated in-store experience, reinforcing a sense of exclusivity despite its rapid production cycles.
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1 week ago | 
insideretail.us | Robert Stockdill |Tong Van |Irene Dong
Word of mouth is a fundamental driver of purchasing decisions for every consumer, argues Paul Archer, the founder of brand advocacy platform Duel. Apart from the occasional item bought on impulse, almost every other considered purchase people make is because someone they know, love or respect has recommended or endorsed it, he says.
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1 week ago | 
insideretail.us | Arriana McLymore |Tong Van |Kaycee Enerva
Chinese online marketplace Temu and fast-fashion retailer Shein, two of the biggest advertisers on US social media, are sharply cutting their US digital ad spending, industry data show, in a blow to tech companies such as Meta’s Facebook and YouTube. The online retailers, both of which ship low-priced China-made goods direct to US shoppers, had been on an ad spree until recently, targeting younger, thriftier shoppers in digital media.
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1 week ago | 
insideretail.us | My Nguyen |My Nguyễn |Tong Van |Kaycee Enerva |Sean Cao
Nike has collaborated with Kool-Aid to launch the limited-edition sneaker collection – Nike x Kool-Aid Ja 2 – inspired by NBA star Jar Morant’s signature Nike line and his childhood Kool-Aid flavors. The May release blends Morant’s performance and personality, with a blue and pink palette, the KoolAid Man pattern and a glow-in-the-dark phase on lime-green sole. The Kool-Aid red editions, reflecting Morant’s on-court culture, will drop in July and share the same design.
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1 week ago | 
insideretail.us | Darshana Gupta |Tong Van |Kaycee Enerva |Sean Cao
Multifunctional lifestyle and shapewear apparel brand, Popilush, will bring its products to luxury retailer Nordstrom through a new distribution partnership. This will be Popilush’s first expansion outside Amazon and its direct-to-consumer channels. Twenty-eight of Popilush’s best-selling styles, including dresses, bodysuits, skirts, and swimwear in sizes ranging from XS to 6XL will be available in the initial launch.
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1 week ago | 
insideretail.us | Sean Cao |Tong Van |Kaycee Enerva
Movado Group has posted lower sales and profit for the year ended January 31. The company’s net sales decreased 1.7 per cent to $653.4 million, reflecting declines in US wholesale customers’ brick-and-mortar stores and company-owned outlets. US net sales slid 4 per cent, while international net sales improved 0.2 per cent. On the bottom line, operating income decreased by more than half to $20 million and net income fell 55 per cent to $18.4 million.
