Retail business

The 'lipstick index' is back - and retailers are trying to cash in on it

The ‘lipstick index’ is back – and retailers are trying to cash in on it

Target has added new brands to its beauty department. In a growing number of stores, it also has Ulta Beauty mini-boutiques with prestige brands. Melissa Repko | CNBC As prices climb, some people have decided against buying a new outfit, delayed big purchases like TVs, or canceled Netflix accounts. But for now, they’re still splurging …

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Clothing subscriptions like Stitch Fix were once hugely popular - but now they may be falling victim to 'box fatigue'

Clothing subscriptions like Stitch Fix were once hugely popular – but now they may be falling victim to ‘box fatigue’

A selection of menswear packaged by Trunk Club, which closed earlier this year after Nordstrom bought the personal styling service in 2014. Source: Trunk Club After earning a master’s degree ten years ago, David Hill wanted to bolster his personal style and joined the Trunk Club, which promised to send him boxes of clothes tailored …

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Allbirds 'significantly' slows pace of new hires as loss widens

Allbirds ‘significantly’ slows pace of new hires as loss widens

A woman walks past an Allbirds store in the Georgetown neighborhood of Washington, DC on Tuesday, February 16, 2021. Al-Draco | Bloomberg | Getty Images Allbirds on Monday revised its financial guidance for the year and announced a number of cost-cutting efforts as the durable footwear maker announced a larger quarterly loss from a year …

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Bed Bath & Beyond drops private label as it tries to reverse declining sales

Bed Bath & Beyond drops private label as it tries to reverse declining sales

A person walks into a Bed Bath & Beyond store on October 1, 2021 in the Tribeca neighborhood of New York. Michael M. Santiago | Getty Images Bed Bath & Beyond is cutting one of its private labels, Wild Sage, about a year after the company made an aggressive push towards exclusive brands, at the …

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Alibaba shares jump 7% after quarterly earnings beat expectations

Alibaba shares jump 7% after quarterly earnings beat expectations

Alibaba has faced growth challenges amid tighter regulations in China’s tech sector and a slowdown in the world’s second-largest economy. But analysts believe the e-commerce giant’s growth could accelerate through the end of 2022. Kuang Da | Jemian News | CGV | Getty Images Alibaba on Thursday reported fiscal first-quarter results that beat expectations, pushing …

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