Category: News
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A sliding scale for returns fees? Oh Polly introduces new policy to discourage returns
In the hopes of discouraging serial returns, online retailer Oh Polly is introducing new fees for returning products in the UK. If you are returning less than 50% of your order, your fee will be roughly 3 pounds. The fee increases every 10 percentage points, to the highest fee of 9 pounds for those returning…
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Three major companies faced shareholder challenges. Here’s the takeaway.
UPS. Home Depot. Coca Cola. What do they have in common? Well, recently each company it was shareholder challenges to their DEI initiatives. (You can read more on that here.) In each case, the proposals represented an extremely small minority of the opinion of the group of shareholders. Ultimately, none of the companies needed to…
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Burberry wins infringement case vs Baneberry
Quick imagination session: Think Burberry. What comes to mind? Was it the tan check pattern? Was it the classic trench coat? Okay, imagine now, you are a Chinese shopper heading into the mall. There is a Baneberry store, selling trench coats, and checked patterns, and all with a back story of being developed in London.…
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So, did you hear about the possible Saks and Neiman Marcus buyout?
Investors are eyeing a deal that could put Neiman Marcus and Saks Fifth Avenue under the same ownership group. If you want to read more about that deal, you can do so with this WWD article. I am just here to speculate. If this deal goes through, what will it mean for the luxury shopping…
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So, Allbirds could see their stock delisted, but would it be all bad?
Allbirds, the sustainable shoe brand, is at risk of delisting. Essentially, the NASDAQ issued a formal warning to the company because its share prices have been under $1. (One of the standards that companies need to meet is that their shares need to be over $1.) If they are not able to meet that standard…
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Momofuku feels the crunch and backs off its trademark enforcement
“We thought the word crunch was distinctive enough.” Famous last words. After enduring the onslaught internet ire, David Chang and Momofuku have walked back their trademark enforcement campaign. The brand had been on mission to seemingly stamp out anyone’s use of the term “chili crunch,” even though they hold the trademark to “chile crunch.” People…
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The other side of story on “those” Amazon resellers
She lived in a mansion, put her kids in private schools. She was a self-made multimillionaire, and entrepreneur if you will. The problem is that it was definitely ill-gotten gains, accrued by selling shoplifted makeup on an Amazon storefront. You likely heard of the story, and the overall rise in organized retail crime. I’m not…
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Another possible trial for Hermes, this time it’s about their little game
It’s often referred to as the Hermes game. If you watch enough luxury influencer content, invariably you’ll end up the corners in the internet where super wealthy purse obsessed vloggers bemoan all the hurdles hey have to jump through to buy the coveted Birkin Bag. You have to go to this store. Make sure you…
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Did you know Vogue had a summer school?
Quick announcement Vogue, the beloved fashion media brand, has an amazing opportunity for high school students interested in fashion. With the Conde Nast College of Fashion and Design, the brand is offering a summer program to support the interests of the young and creative. The program takes place over two terms in June and July…