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Inside Retail

Inside Retail (Jun 13th, 2019)

1. The National Retail Federation predicted imports will continue to rise as retailers attempt to get their goods into the country ahead of tariff hikes. Imports were up 3 percent at U.S. ports over May 2018, with the Port of L.A. seeing a record increase of 7.8 percent, and the Port of Virginia having its busiest May ever with cargo volume processed up 10.1 percent. The fourth group of goods facing increased tariffs, which includes footwear, becomes eligible for public comment next week and would become effective later this summer. - SUPPLY CHAIN DIVE

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2. U.S. retailers have targeted plus-size apparel as a $21 billion opportunity, but a recent op-ed in the Telegraph suggests that inclusive attitudes toward extended sizing aren't globally accepted. Nike installed plus-size mannequins in its London flagship to help merchandise its two-year-old plus-size collection, which prompted the widely-shared op-ed. Nordstrom, Old Navy, and Target use plus-size mannequins, and denim label Universal Standard expanded its permanent size run from 00 to 40 to eliminate the separation and stigmatization of plus-size. - INDEPENDENT

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3. Goodwill is going to compete with The RealReal and will sell high-value resale merchandise online. Goodwill generated almost $6 billion in retail sales in 2017, mostly from clothes, shoes, and home goods. Goodwill partnered with OfferUp to create a mobile resale marketplace with the goal of repositioning Goodwill as a luxury reseller and not only a second-hand store. - BUSINESS OF FASHION

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4. Unilever invested in influencer platform CreatorIQ to have more control over the "integrity" of influencer marketing. Unilever first called for more transparency in influencer-led campaigns last year. Airbnb, Disney, and Mattel are some of the companies that have used CreatorIQ for influencer-led campaigns. Unilever contributed to a $12 million round of funding which brings CreatorIQ's value to between $40 million and $50 million. - THE DRUM

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5. Delta Galil, the Israeli manufacturing giant whose licenses include Walmart, Nike, and PVH, bought intimate apparel maker The Bogart Group. Bogart is based in Hong Kong and is a preferred bra vendor for Victoria's Secret, Jockey, and Hanes. - TEXTILE WORLD

6. A customer trying to have his case turned into a class action won't be able to sue Wayfair for shipping a headboard that allegedly was infested with bedbugs. A judge in Illinois upheld Wayfair's terms of service which require customers go to arbitration over any dispute. - MARKETWATCH

7. Making product responsive, storytelling through consumers, and speaking with a cultural voice are three ways brands can develop credibility. Street cred is also gained through defined values, particularly sustainability and transparency. - HIGH SNOBIETY

8. Ascena Retail Group, parent company of Ann Taylor, LOFT, and the shuttering Dressbarn, saw its shares drop 6 percent after announcing its sales fell short of what was forecast for Q3. - BUSINESS INSIDER

9. Mattel stock rallied after it rejected another unsolicited merger offer. - MARKETWATCH

10. Rihanna's LVMH Fenty label will open its first pop-up in the U.S. next week at The Webster SoHo. - WWD

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Written and curated by Cassidy Mantor, a brand storyteller with a decade of retail marketing experience including in-house at Nike and Oakley. Occasionally she writes a “think piece” about fashion law for the American Bar Association. She is happy to be based in coastal Virginia except when there’s a hurricane. She can be found on LinkedIn.

Editing team: Kim Lyons (Pittsburgh-based journalist and managing editor at Inside), David Stegon (senior editor at Inside, whose reporting experience includes cryptocurrency and technology), and Bobby Cherry (senior editor at Inside, who’s always on social media).

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