Kohl's faced sales & traffic drops despite Sephora, while REI's union dispute continues amid strong sale performance. Burlington raised forecasts. Mattel launched new Block Store sets. Pottery Barn executive Jen Kellor achieved significant brand growth.
Hugo Boss reports sales decline due to geopolitical and macroeconomic uncertainty, particularly impacting China. Actions taken include inventory adjustments and product assortment enhancements. EMEA region shows growth.
Prada Group reports strong H1 sales, but Prada brand retail sales decline. CEO Gianfranco D'Attis departs. Group remains optimistic about long-term growth despite economic headwinds.
Target boosts private label focus aiming for $15B sales by 2030. Introduces 10,000+ new items. Target Circle 360 offers no-markup same-day delivery from 100+ retailers via Shipt, creating a digital mall experience.
The NRF acknowledged that, especially in a year with a short season — there are just 26 days between Black Friday and Christmas Eve, Shay said — there is a push to start holiday marketing early and that some shopping has begun outside of the group’s November to December calculations.
