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January 10, 2024
US Holiday Season* Retail Sales Growth, by Company, 2023 (% change)
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Reliance on air freight creates a new supply chain bottleneck for Temu, Shein, and TikTok ShopMacy’s quest to reinvent itself relies on fewer, better storesA tale of 2 traditional mall-based retailers: Abercrombie delivers strong Q4 results, while Foot Locker delays its growth planNike, lululemon see difficulties ahead Shein cements status as top fast-fashion company as environmental concerns barely faze shoppersNike’s CEO acknowledges the company ‘over-rotated away’ from wholesaleShein to face EU’s strictest rules for online marketplacesShein courts companies like Colgate-Palmolive and Hasbro to sell on its platformShein could file its IPO prospectus as soon as this weekShoppers’ health and wellness focus is a major sales driver for athletic retailersUnder Armour took steps in a positive direction even as its sales fell in FYQ1Chart Title
US Holiday Season* Retail Sales Growth, by Company, 2023 (% change)Publication Date
January 10, 2024
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