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Prices

Teen Chains Zumiez, Tilly’s Warn of Declining Demand in Q1

Zumiez CFO Chris Work said price increases are "what the market will support," with both retailers planning…

Burlington CEO: We’re the ‘Smallest, Least Productive and Least Profitable’ Off-Price Retailer

CEO Michael O'Sullivan believes the rival to TJ Maxx, Marshalls and Ross has the "room to raise prices" and…

Inflation Inequality: 4 Brands Raised Prices 27%-32% in Just 6 Months

A new Dataweave report shows that inflation's up but prices in certain apparel and footwear categories are…

NPD Forecasts ‘More Moderate’ Footwear Growth Over Next 2 Years

NPD's Matt Powell said brands and retailers that fail to make a critical pivot "will face potential sales…

Target CEO: Price is the Lever ‘We Pull Last, Not First’

The mass merchant will open 30 new stores, remodel 200 and open 10 new sortation centers to aid in last-mile…

Steve Madden Plans Double-Digit Price Increases

CEO Edward Rosenfeld said the company is facing transit times of about 70 days, up from a pre-pandemic…

Allbirds Eyes New Channel for Growth

The sustainable footwear brand plans to "selectively enter third-party retail relationships" starting in the…

Retailers Feel They’re in the Money with Pent-up Consumer Demand

Retailers were on a hunt for more merchandise at Las Vegas trade shows, where a showroom rep said, "People…

Inflation Is on Everyone’s Mind at Sourcing at Magic

Sourcing at Magic was back at the Las Vegas Convention Center where everyone was talking about inflation.

Crocs’ Famous Clogs Are Going to Cost a Little Bit More

Crocs expects to see $30 million in incremental air freight costs in the first quarter, as well as $40…

Canada Goose CEO: China Online Business Up 60%

The Toronto-based outdoor apparel purveyor saw stock tumble 18 percent after it lowered its 2022 fiscal sales…

6 Apparel Themes to Watch in 2022

Will last year's apparel boom continue in the months ahead? NPD identified six themes that could dictate…

Ikea Reacts to Pandemic Pressures By Raising Prices

"The situation looks very different between different markets and between different stores within the same…

Survey Names CEOs’ Biggest Worries Right Now: Week Ahead

What's keeping CEOs up at night? A new survey outlines the top concerns for U.S. and international chief…

Fast Retailing CFO: ‘It’s Time to Review and Increase Prices’

The rising costs that spurred many U.S. apparel and footwear brands to hike prices are forcing Japan's…