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RetailStat Analysis: Kohl's Struggles Amid Eroding Sales and Leadership Transition Kohl’s continues to grapple with declining performance, reporting a 9.3% drop in Q3 comps and slashing its FY24 outlook. While beauty (+15%) and home categories saw gains, core apparel and footwear sales remain a significant challenge. With Ashley Buchanan set to take over as CEO in January, Kohl’s faces critical decisions around merchandising, store presentation, and navigating fierce competition from online giants and off-price retailers. What does the future hold for Kohl’s as it enters the holiday season? 📊 Download the full report, written by RetailStat Analyst Michael Blackburn retailstat.com. #RetailTrends #Kohls #LeadershipChange #RetailAnalysis #EarningsUpdate #RetailInsights

RetailStat Analysis: Kohl's Struggles Amid Eroding Sales and Leadership Transition Kohl’s continues to grapple with declining performance, reporting a 9.3% drop in Q3 comps and slashing its FY24 outlook. While beauty (+15%) and home categories saw gains, core apparel and footwear sales remain a significant challenge. With Ashley Buchanan set to take over as CEO in January, Kohl’s faces critical decisions around merchandising, store presentation, and navigating fierce competition from online giants and off-price retailers. What does the future hold for Kohl’s as it enters the holiday season? 📊 Download the full report, written by RetailStat Analyst Michael Blackburn, at https://lnkd.in/e-Auu-8h #RetailTrends #Kohls #LeadershipChange #RetailAnalysis #EarningsUpdate #RetailInsights

Australia's retail turnover rose by 0.6 per cent in October 2024, following growth of 0.1 per cent in September and 0.7 per cent in August. Non-food sectors led gains, with other retailing up 1.6 per cent, while declines were seen in clothing, footwear, and personal accessory retailing and department stores. Sales grew ahead of Black Friday. #Fibre2Fashion #f2f #apparel #textile #fashion #textileindustry #f2fnews Read more here: https://lnkd.in/di6c_Zcm

Sunshine is bringing good vibes for UK retailers ☀ 😎 Sunny weather and big summer events (Taylor Swifts Era's Tour & the Euros) could be attracting more buyers to the high street. The latest May figures from the Office for National Statistics (ONS) show: ☀ UK retail sales jumped 2.9% in May 2024 ☀ Textile, clothing & footwear stores grew by 5.4% (online sales grew 9.8%) ☀ Non-store retailing (online retailers/stalls/markets) grew by 5.9% #retail #ukretail #officefornationalstatistics #retailtrends

Apparel companies expect retail market to remain weak during festive season 1) Apparel companies expect the retail market to remain weak during the festive season. 2) As per a survey conducted by the apparel industry body, 63% of the respondents expect the same or lower clothing and apparel sales than last year. Out of these, 25% expect the sales to be as low as 75% of last year.

Apparel companies expect retail market to remain weak during festive season 1) Apparel companies expect the retail market to remain weak during the festive season. 2) As per a survey conducted by the apparel industry body, 63% of the respondents expect the same or lower clothing and apparel sales than last year. Out of these, 25% expect the sales to be as low as 75% of last year.

According to ThredUp's 2024 Resale Report, the global secondhand apparel market will reach $350 billion by 2028, growing 3 times faster than the overall global apparel market. ♻️ In 2023 alone, resale has grown 15 times faster than the overall apparel retail sector. 🛍️ How can retailers join the ReCommerce success? Link in the comments. #retail #recommerce #sustainability #sustainablefashion #apparel

Turkish textile-clothing-footwear retail sales volume increased by 2.5% YoY in April, while wholesale trade sales volume increased by 4.5% YoY and decreased by 5.7%. Retail trade sales volume increased by 10.2% YoY and decreased by 1.8%. The retail sales volume of textiles, clothing, and footwear increased by 1.5% YoY and fell by 1.5% MoM

👗✨ Runway-Ready Results with Hayden LA! ✨📈 We helped wholesale fashion buyers see why Hayden LA is a cut above the rest—and the numbers speak for themselves: 155% increase in sales in just 6 months! 💥 🌟 Ready to elevate your brand’s performance? See how we did it: Read the full story: https://buff.ly/3WncGlk https://codecrew.us/ . . . #FashionMarketing #EmailMarketing #WholesaleFashion #RunwayReady #DigitalMarketing #SuccessStory #CodeCrewMagic #StyleAndStrategy 💌🚀

Clothing and footwear stores were the main retail benefactors of August's weather upturn as the UK's total retail sales volumes increased by 1% for the month, according to estimates from the Office for National Statistics (ONS) published today. #retailnews #fashionnews #fashion