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Our Q4 Big Facts report looks at the products and brands that broke records and helped shape the secondary market in 2023. One of the key takeaways: while some highly-anticipated releases from top brands have fallen short, players like New Balance and adidas are skillfully tapping into consumers’ desire for something different by introducing new silhouettes and reinventing old classics. See the full report: https://lnkd.in/gy47gPTT

I would like to share with you a video that captured my attention. 🚀 Abercrombie & Fitch Co.: A Masterclass in Reinvention In the dynamic world of retail, transformation is key to survival. Abercrombie & Fitch is a prime example of how strategic shifts can turn around a struggling brand. Here's how they faced failure head-on and emerged stronger: 🔄 Leadership Overhaul: New leadership brought fresh perspectives and bold decisions. 💰 Profit Preservation: They stopped practices that hurt profitability and avoided cannibalizing their own market. 👥 Millennial Focus: Positioned millennials as the core buyer persona. 🧵 Innovative Fabrics: Introduced softer fabrics for enhanced comfort and style. 👖 Denim Revolution: The significant turnaround began with a revamped denim line. 🌐 Category Expansion: Diversified into categories like "long weekends with friends" to capture lifestyle moments. 📦 Inventory Optimization: Reduced inventory while increasing the frequency of new product launches. 🏬 Store Resizing & Online Investment: Downsized physical stores and ramped up online investments to meet digital demand. 📱 Social Media Strategy: Leveraged organic posts to boost social media presence and engagement. 📈 Market Adaptation: Thrived in a challenging retail environment through strategic growth. 👩💼 Women-Centric: Predominantly women-led initiatives drove innovation and success. 🏆 Successful Reinvention: A remarkable turnaround story, setting a benchmark for retail reinvention. Abercrombie & Fitch’s journey underscores the power of adaptability and customer-centric strategies. They’ve not just survived but thrived in a fiercely competitive market. https://lnkd.in/dW32rK_W 📘 Interested in learning more about customer-centric strategies from other leading brands? Consult our Cross-Border Commerce Europe CUSTOMER CENTRICITY BLUE PAPER for in-depth insights and strategies that are driving success across the industry. #RetailReinvention #Leadership #BrandStrategy #BluePaper #CBCommerce #Crossborder #CustomerFocus #Innovation #AbercrombieAndFitch #CaseStudy

Gap Inc.'s Remarkable Turnaround: A Lesson in Retail Resilience The Gap's latest earnings report is a testament to the power of strong leadership and a well-executed turnaround strategy. Under the new leadership of CEO @Richard Dixon and Gurmeet Singh, Ph.D. , the company has defied expectations, posting a 3% increase in net sales and achieving positive same-store sales growth across all four of its brands. This is a remarkable feat, especially considering the challenges faced by the retail industry in recent years. Management's focus on revitalizing the Gap's core brands, while maintaining a disciplined approach to inventory management and cost control, has clearly paid off. All four of the Gap's brands - Gap, Old Navy, Banana Republic, and Athleta - had positive same-store sales growth which is truly remarkable. The company's success serves as an inspiration to other retailers struggling to adapt to the rapidly changing landscape of consumer preferences and shopping habits. Time to invest in "The GAP"??

Buy & Sell Signals When Pvh ($PVH) Moves Investors should Listen: Stock Traders Daily has produced this trading report using a proprietary method.  This methodology [...] Look at the Charts

Fashion retailer Superdry will cease trading on the London Stock Exchange later today as part of its restructuring plan. Click the link below to find out what's next for Superdry. #fashion #fashionnews #retailnews

Levi Strauss Stock Spirals on Revenue Miss: What to Know https://ift.tt/FhG2p9a Levi Strauss (LEVI) stock is down more than 16% in Thursday's session after the denim giant came up just short of analysts' revenue expectations for its fiscal second quarter. In the three months ended May 31, Levi said revenue increased 7.8% year-over-year to $1.44 billion, which included an 8.2% rise in its direct-to-consumer (DTC) segment sales to $672.5 million. Its earnings per share (EPS) rose to 16 cents from 4 cents in the year-ago period. Subscribe to Kiplinger’s Personal Finance Be a smarter, better informed investor. Save up to 74% Sign up for Kiplinger’s Free E-Newsletters Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail. Profit and prosper with the best of expert advice - straight to your e-mail. To continue reading this article please register for free This is different from signing in to your print subscription Why am I seeing this? Find out more here Finance via Kiplinger RSS Feed https://ift.tt/Gka2761 June 27, 2024 at 01:21PM

Great recent interview here by CBS News Detroit, talking to StockX President & COO Greg Schwartz and CEO of Rebrand Cities Hajj Flemings. Some key takeaways: 1 - StockX is positioning itself as a more inclusive, open sneaker marketplace, not just for the diehard sneakerheads and resellers. Greg said that StockX isn't just about the "hype scarcity products," and that more than 35% of US sneaker trades over Black Friday were at prices below retail. If StockX can appeal to broader audiences and be seen as a destination for accessible sneaker deals--not just as a place for the most expensive products for resellers--that expands their overall TAM. 2 - The products they highlighted as some of the most popular currently on StockX included the Adidas Campus, Lightning McQueen Crocs, Uggs, and Yeezy Slides. It's interesting to see these more functional shoes rather than the traditionally hyped Air Jordans or Nike Dunks. I wonder how much transaction volume or profit for StockX comes from which silhouettes, because the most cultural hype usually comes from sneakers like Air Jordans. 3 - When discussing the backdrop of the macro-economy, StockX is again positioning itself as a place for people looking for items that are great value, which also extends beyond sneakers. StockX has to pick the right lane being seen as more premium and higher quality than an eBay but also not too expensive or exclusively catering towards the most hyped sneakers. That's how the company can continue to grow beyond the diehard sneakerhead target market in today's environment. https://lnkd.in/eH_ErWCx #stockx #sneakers #footwear #sneakerculture #blackfriday #sneakerhead #ecommerce

Superdry has proposed that it will delist from the London Stock Exchange as part of a restructuring plan. CEO and co-founder Julian Dunkerton talks to Drapers about the decision. Read the full story below. #superdry #fashion #delisting #LSE #retail #retailnews

Gap officially changed its stock trading symbol on Thursday after going public on the New York Stock Exchange on May 19, 1976: It's now "GAP" rather than a nod to the navigation system "GPS." The move is not without symbolism attached to it. For one, the first Gap store opened on Aug. 22, 1969, on Ocean Avenue in San Francisco. The store — called The Gap — sold everything from Levi's jeans to cassettes. And two, it marks the one-year anniversary with former Barbie turnaround master Richard Dickson at the helm. "To some extent, it was an obvious conversation. I mean GPS or GAP, right? So there is, to some extent, one of those moments where you go, why not?" Dickson told Yahoo Finance Executive Editor Brian Sozzi at the New York Stock Exchange, surrounded by floor traders decked out in Gap denim and 1969 sweatshirts. The ticker change is the latest signal sent by Dickson that Gap will respect its heritage but aim to become competitive again by pivoting to a culturally relevant future. Shares of the 55-year-old apparel retailer are up more than 135% since Dickson took over. More: https://lnkd.in/e_YMnCBM #yahoofinance #finance #markets #business #retail #consumer

One price to rule them all: When I published this note it was dismissed as the ravings of someone out of touch with what’s happening in the markets. It got very personal and was rather amusing from a behavioural point of view. Today those detractors have been reminded of a durable truth - that price, valuation & leverage is a toxic cocktail.When price moves in such a rapid and emotional fashion I am always exercised by opportunities that may have emerged. However, we need to be mindful of what earnings we are really buying in the medium term vs the short term tactical opportunity. The linked note touched on this trade-off.  (https://lnkd.in/duXZDyfw) Very Best Johan  #Tactical #taa #episodes