Industry News – November 21st, 2016
Curated fashion industry news links for Monday, November 21st, 2016…
Following the opening of its New York City pop-up store last month, Google has partnered with Best Buy to amp up its retail presence.
Company CEO Brian Cornell he is “increasingly confident’ the retailer will open “hundreds of “small-format stores, USA Today reported.
U.S. Election Cost Retailers $800M – Forbes
The U.S. presidential election has cost retailers some $800 million in revenue from online sales as holiday expectations are revised down.
Cyber Monday (Nov. 28) is the largest shopping day of not only the Thanksgiving weekend, but the year. According to Adobe Digital Insights (ADI), it is expected to be the largest online shopping day in history.
Children of the 90s may get a sense of déjà vu at toy and apparel stores this holiday season, as the cartoon and pop culture icons that defined their formative years are back with a vengeance.
Women’s apparel retailer The Limited Stores has hired Guggenheim Partners as financial adviser to explore a possible sale, people familiar with the matter said.