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Byte-Sized AI: Google Adds Shoes to User-Centric Virtual Try-On; NoFraud Acquires Yofi
Yahoo Finance· 2025-10-17 21:29
Frasers Group announced this week that it’s using a partnership with Commercetools as a way for some of its brands to participate in agentic commerce.“Together with Yofi AI, we’re taking a massive step forward to change how merchants manage risk,” Gifis said in a statement. “Legacy tools weren’t built for today’s realities. Our platform meets risk where it happens, in real time, protecting margins and helping merchants grow.”Scott Gifis, CEO of NoFraud, said older technology solutions can’t provide merchant ...
Why Tapestry (TPR) is a Must-Buy Dividend Stock for Fashion-Focused Investors
Yahoo Finance· 2025-10-17 01:37
Tapestry, Inc. (NYSE:TPR) is included among the 12 Must-Buy Dividend Stocks to Invest in. Why Tapestry (TPR) is a Must-Buy Dividend Stock for Fashion-Focused Investors Photo by Annie Spratt on Unsplash Tapestry, Inc. (NYSE:TPR) is a New York-based fashion holding company and is the parent brand of Coach New York and Kate Spade. Each brand under‍ Tapestry runs independently but t‍akes advantage of sh‌a​red re‌sources in so⁠urcing, supply chain o‍perations, and data analytics. C⁠oach‌ remai⁠ns t⁠he⁠ main​ ...
Alibaba Says It Has Broken Even on AI Spending in Retail Operations
PYMNTS.com· 2025-10-16 22:59
Core Insights - Alibaba Group's AI spending in core eCommerce operations has reached a break-even point, indicating measurable returns from large-scale AI investments [1][4] - The company reported a 12% increase in return on advertising spend across Taobao and Tmall, attributed to enhanced ad matching, dynamic pricing, and personalized recommendations [2][4] - Alibaba plans to invest 380 billion yuan (approximately $53 billion) over the next three years, focusing on algorithms, data centers, and AI-driven commerce infrastructure [3] Industry Context - The announcement comes amid skepticism in the industry regarding the financial returns of AI spending, with Alibaba providing one of the first quantifiable examples of AI generating operating gains [4] - Other major retailers, such as Walmart and Target, are also integrating AI into their operations, with Walmart piloting "AI super agents" and Target using predictive analytics for inventory management [5][6] - Alibaba's AI initiatives align with broader trends in the retail sector, where companies are increasingly linking automation with profitability metrics, potentially influencing how CFOs assess success [6]
REVOLVE AND SOFIA RICHIE GRAINGE INTRODUCE SRG
Prnewswire· 2025-10-16 16:00
Core Insights - Revolve Group, Inc. has launched a new in-house brand, SRG, designed by Sofia Richie Grainge, aimed at Millennial and Gen Z consumers, reflecting a polished yet effortless style [1][2][4] Brand Overview - SRG is founded on the belief that true style is instinctive and personal, with a focus on timelessness and quality [7] - The collection emphasizes intentional design, featuring carefully considered details and durable fabrics [3][7] Collection Details - The debut SRG collection includes ready-to-wear staples such as suiting, elevated outerwear, silk shirting, and versatile dresses, priced between $250 and $1,850, available in sizes XXS to XL [5] - The collection is characterized by neutral palettes with subtle seasonal highlights, promoting effortless sophistication [5] Strategic Partnership - The collaboration between Sofia Richie Grainge and Revolve is positioned as a natural fit, leveraging Revolve's expertise and platform to reach a wider audience [4][8] - This partnership is seen as a significant expansion of Revolve's in-house brand portfolio, reinforcing its position as a leading fashion destination [4][8]
SHEIN:网上相关经营信息严重不实
近期,SHEIN位于肇庆、江门的物流园区接连开仓,今年SHEIN智慧供应链体系迎来"加速跑"。SHEIN 持续加大国内供应链基础设施的建设力度,为全球销售特别是年终的跨境旺季提供更好支持,SHEIN持 续投资超百亿打造广东智慧供应链体系、带动上下游生态产业与人员就业发展不断加码。 公开资料显示,作为全球时尚和生活方式零售商,SHEIN通过将数字化与柔性供应链相结合,为全球消 费者提供丰富多元且高行的时尚产品,同时又从源头减少了浪费。通过技术创新,不断促进产业数智 化、绿色化升级。今年上半年,SHEIN共开展"日常+专场"、"线下+线上"的供应商赋能培训超250场, 覆盖上万人次,助力产业人才培养和就业发展。截至6月末,SHEIN5年5亿的供应商赋能项目已计投入 资金近3亿元,在技术创新、培训支持、工厂扩建、社区公益服务等方面持续赋能供应商。 10月15日,针对网络上出现的有关公司经营情况的信息,SHEIN称:"公司关注到部分媒体炒作SHEIN 新加坡公司经营情况,该信息严重不实,系恶意炒作,公司已固定相关证据,并保留采取法律手段维护 正当权益的权利。" ...
Zara founder buys UK warehouse leased to Amazon for $108 million: report
Reuters· 2025-10-14 09:47
Core Insights - Amancio Ortega's investment vehicle, Pontegadea Inversiones, is set to acquire PLP's Knowsley warehouse in the UK for £81 million ($107.50 million) [1] Group 1: Acquisition Details - The acquisition involves a warehouse located near Liverpool, indicating a strategic investment in logistics and distribution [1] - The purchase price reflects a significant investment in the UK property market, showcasing confidence in the region's economic potential [1]
GES SECURITIES NOTICE: BFA Law's Investigation into the Guess?, Inc. $16.75 Merger Price is Ongoing – Contact the Firm if You Hold Shares
Globenewswire· 2025-10-10 12:18
Core Viewpoint - Bleichmar Fonti & Auld LLP is investigating Guess?, Inc.'s board of directors and executive officers for potential breaches of fiduciary duties to shareholders related to the company's pending sale to Authentic Brands Group LLC for $16.75 per share [1]. Company Overview - Guess is a global fashion retailer with over 1,500 directly operated retail stores and distribution operations in approximately 100 countries [3]. - The company was founded in 1981 by the Marciano family, who still own a significant portion of the stock, with Paul Marciano serving on the Board and as Chief Creative Officer [3]. Transaction Details - Paul Marciano and other investors have negotiated to rollover their ownership in Guess to own up to 49% of the new intellectual property holding company and 100% of the operating company post-closing [4]. Legal Investigation - The investigation by BFA Law focuses on whether the board of directors, executive officers, and stockholders involved in the rollover have breached their fiduciary duties in connection with the merger [5].
Kurt Geiger’s a Bigger Contributor to Steve Madden Than First Thought
Yahoo Finance· 2025-10-09 21:00
Core Insights - Steve Madden Ltd.'s acquisition of Kurt Geiger is viewed positively by Wall Street analysts, highlighting potential for retail growth and profitability in the U.S. market [1] - The wholesale channel presents significant opportunities for Kurt Geiger, with current U.S. wholesale accounts including major retailers like Dillards, Bloomingdales, and Nordstrom [1] - Analysts expect Kurt Geiger to contribute positively to earnings per share (EPS), with initial estimates of 10 cents in 2025, potentially increasing to over 40 cents in the following year [3][4] Retail Growth Potential - Kurt Geiger has six retail stores in the U.S. that are performing well, showcasing strong four-wall profitability [1] - There is a long runway for retail growth at Geiger, particularly as the brand can leverage its existing store performance [1] Wholesale Opportunities - The current number of retail doors in the wholesale channel for Kurt Geiger is estimated to be less than 500, compared to competitors like Coach and Michael Kors, which have between 1,200 to 2,000 [1] - The potential for gaining shelf space in retail stores is highlighted, especially as competitors like Michael Kors face challenges with inventory restocking [2] Earnings Projections - Madden's management anticipates that Kurt Geiger will be accretive to EPS, with a target of 10 cents in 2025, despite recent guidance pullbacks due to external factors [3] - Analysts project that if revenue growth can be re-accelerated to a low-double-digits percentage, Kurt Geiger could contribute over 40 cents to EPS [4] - Long-term projections suggest that Kurt Geiger could account for $1.50-$1.70 in EPS based on management's revenue assumptions of $1 billion and a mid-teens operating margin [5]
Abercrombie & Fitch to Open Distribution Center in Ohio
Yahoo Finance· 2025-10-08 20:19
Core Insights - Abercrombie & Fitch is set to open a new distribution center in Columbus, Ohio, in partnership with Bleckmann, aimed at enhancing operational efficiency and capacity by summer 2026 [1][2][6] Group 1: Operational Enhancements - The new distribution center will improve Abercrombie's fulfillment capabilities in North America, supporting its long-term growth strategy [3] - The facility will enable better customer service by improving efficiency, reducing delivery times, and expanding capacity [2][6] - Bleckmann will provide logistics and supply chain services, including automation and IT infrastructure integration, to support the new center [6][7] Group 2: Financial Performance - Abercrombie reported an 11.7% increase in net income and a 7% rise in net sales to $1.2 billion, prompting an upward revision of its sales growth outlook for 2025 to 5-7% from 3-6% [4] - The profit outlook for the remainder of the year has also been raised to $10 to $10.50 per diluted share, up from $9.50 to $10 [4] Group 3: Brand Partnerships and Growth - Much of Abercrombie's growth is attributed to its teen fashion brand, Hollister, with a new partnership as an official brand partner of the NFL expected to further boost growth [5]
Sezzle Adds Leading Retailers and Emerging Verticals as Shoppers Seek Flexibility This Holiday Season
Globenewswire· 2025-10-07 12:30
Core Insights - Sezzle Inc. has expanded its merchant network with new partners in various sectors, including fashion, sporting goods, beauty, and digital content, in preparation for the 2025 holiday shopping season [1][2]. Merchant Partnerships - New merchants joining Sezzle include Cato Fashions, SCHEELS, D&B Supply, and Dermstore, reflecting a strategic move to cater to price-sensitive consumers during the holiday season [2][4]. - Cato Fashions is noted as a leading women's fashion retailer, while SCHEELS is recognized as a top destination for sporting goods and apparel [2]. Consumer Spending Trends - According to PwC's 2025 Holiday Outlook, consumers are expected to be more price-sensitive, with Gen Z projected to spend nearly 23% less than the previous year, and overall spending across generations expected to dip around 5% [2]. - The focus on discounts and value over splurges indicates a shift in consumer behavior, particularly among younger generations [2]. Strategic Expansion - Sezzle is adapting to Gen Z's preferences by partnering with platforms like Whop, which focuses on social commerce and digital products, allowing users to engage with content more flexibly [3]. - This partnership aligns with the trend of Gen Z prioritizing experiences and digital communities over traditional goods [3]. Performance Metrics - Early results from Sezzle's partnerships indicate significant growth, with Cato brands reporting that Sezzle orders in the first month averaged nearly double their baseline order value [4]. - The company emphasizes its ability to drive meaningful results at scale, showcasing consistent growth in unique shoppers, total orders, and Sezzle-driven volume [4]. Value Proposition - Sezzle positions itself as a solution for both consumers and retailers, helping shoppers budget responsibly while providing retailers with tools to enhance sales and customer loyalty [4].