While department stores are seeing a steady decline, living in a seemingly endless season of deep discounting, the makeup industry is in the midst of a boom. Spending on beauty and personal care is growing more quickly globally than spending on apparel and footwear, according to data from the market research firm Euromonitor International.
As today’s largest and most diverse living generation in the US, millennials are the torchbearers for the next iteration of the American Dream, traditionally defined as the belief that anyone can climb the economic ladder if they work hard.
Sony Pictures has managed to infuriate hard-core Spider-Man fans with the release of its second trailer for Spider-Man: Homecoming. Although the reboot won’t hit the big screen for another three months, the trailer’s three minutes detail some (if not all) of the movie’s main tension points—giving away much about Iron Man’s relationship with Spider-Man, the possible fate of a certain villain, and several other plot details.
Twitter users now can mute words, phrases, and hashtags for a set time across all platforms, including iOS and Android devices. The filter feature, introduced as a tactic against online harassment in 2016, is being used by television viewers to steer clear of live tweeting.
A growing pile of evidence supports a grim conclusion for clothing retailers: Customers are no longer willing to pay full price when they go shopping. A new piece of research shows that 45% percent of American women need to see a markdown of 41% or more to even enter a store, according to a First Insight report (highlighted by Footwear News).
The US Supreme Court ruled today (March 22) that basic decorative elements in cheerleader uniform designs are protected by copyright law.
For more than a decade, women’s fashion retailer ModCloth has provided cool, quirky clothing in a wide range of sizes. The apparel startup’s fun, inclusive approach has helped it build a loyal following of female shoppers.
Marianne Heberlein noticed her dogs seemed to be smarter than she usually gave them credit for. Occasionally, when the dogs were hanging out at the University of Zürich evolutionary biologist’s home, one would pretend to see something interesting in the backyard; when the second dog got up to check it out, the first would swoop in on the first’s prime sleeping spot.
Organizers of today’s “Day Without a Woman” strike in the US want the world to recognize “the enormous value that women of all backgrounds add to our socio-economic system—while receiving lower wages and experiencing greater inequities, vulnerability to discrimination, sexual harassment, and job insecurity.”
Today marks the 40th day of Donald Trump’s presidency and his first congressional address. The US president will give a joint session address before the House of Representatives and the Senate at 9pm EST, focusing on the theme “renewal of the American spirit.” Last week, White House press secretary Sean Spicer mentioned some of Trump’s likely talking points, including border security, veteran care, job training, and healthcare reform, but American watchers will no doubt have a variety of other topics they hope to hear addressed.
Last night, the retired comedian and political commentator Jon Stewart visited Stephen Colbert’s Late Show for the second time this month, popping up from beneath Colbert’s desk upon hearing the phrase, “fake news.”
In the US, legalization and the growing industry for medical and recreational marijuana have paved the way for dramatically more potent pot than the contraband stuff that older generations recall from their youth. That’s why pediatricians are warning parents: This stuff isn’t for everyone.
Shawn “Jay Z” Carter once said success is defined by “your way, your terms.” The rapper grew up understanding the value of budgets and the need for funding to start a business, whether it was a barbershop in Brooklyn or, more recently, the Uber of private jets.
After Walmart released its 2016 annual report last spring, there was concern that the world’s largest retailer was struggling to attract online shoppers in an environment where Amazon’s e-retail business is a gold standard. Just about 10 months and three acquisitions later, Walmart’s fourth-quarter earnings report (which includes Nov.-Dec. 2016 and Jan. 2017) shows that its efforts to strengthen online sales are proving effective.
Earlier today, Snap, the parent company of the messaging app Snapchat, set the market value for its initial public offering at between $19.5 billion and $22.2 billion. Though this errs on the cautious side of Snap’s initial $25 billion valuation (paywall), it still earns Snap a spot as one of the biggest IPOs in recent years.
Snuggies may look like robes—flowing, loose, sleeved—but after the conclusion of a prolonged court battle this week, they are definitely, legally, not clothes.
Craft marketplace Etsy has dominated the handmade goods e-commerce space for more than a decade, batting off attempts by competitors, including Amazon, to replicate its success. Now, in its third year as a public company, it is taking on major players in the craft supplies space with “Etsy Studio,” its first new marketplace since the launch of Etsy.com in 2005.
Valentine’s Day is a holiday to share your love and affection with those you truly care about. Think of all the times you’ve baby-talked your significant other…and now think about baby-talk with you beloved pets. American shoppers are expected to spend $18.2 billion on gifts this year—an average of $136.57 per person—falling short of last year’s $19.7 billion record-high, according to the National Retail Federation (NRF).
Surging oil prices and warming relations with the US have boosted the value of Russian stocks, earning the country a spot as one of the best-performing global markets in 2016. There’s growing investor confidence in the country’s financial position—and a toy store has become the unlikely beneficiary, and an early leader in Russia’s economic resurgence.
Ten years after BBC’s first Planet Earth natural history series aired on television, the sequel, which has already aired in the UK, is set to debut in the US and Canada on Feb. 18. And this time, BBC has created a special six-part series for Snapchat to complement the program.
Donald Trump’s war against the media has been good for business at the “failing” New York Times.
Whether George Soros funneled money to organizers of the Women’s March or not, the billionaire philanthropist has sent the world a clear message about gender equality—by putting a woman at the helm of his family office’s investment portfolio.
Walmart has stepped up its shipping options to compete with online rival Amazon. The world’s largest retailer scrapped its “Shipping Pass” membership service launched last year and is offering free, two-day shipping on orders totaling $35 and above.
Less than a week ago, the Dow Jones Industrial Average hit 20,000 for the first time ever. The milestone was marked with all the proverbial ink one would expect for a big, round (but arguably meaningless) number. Then came the obvious question: How long will the rally continue?
