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☆ What Google, Meta, Amazon, and other tech workers should wear this summer
▼ + stars: | 2024-05-29 | by ( Jordan Hart | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewTech's top players are switching over to their summer styles — and workers should follow suit if they want to dress to impress. Still, tech workers have begun hiring stylists to help them dress better for work. Here's what fashion experts believe tech workers should be wearing this summer. Advertisement"Heading into the summer season, I can see the entry-level tech crowd wearing something clean and understated," Carol Altieri, COO of Bob's Watches told Business Insider.

Persons: —, Mark Zuckerberg, Jeff Bezos, Bill Gates, Sergey Brin, Eddie Hernandez, henley, Fitch, Hernandez, Niels, Gates, accessorizing, Zuckerberg, Carol Altieri, Bob's, Altieri, Ria Papasifakis, Linda Yaccarino, Papasifakis Organizations: Service, Business, San Francisco, Meta, Abercrombie, Fitch, Norse, Adidas, Cosmopolitan, Rolex, Ritani Tech, Bob's Watches Locations: Ritani

☆ ‘Challengers’: Normcore Clothes on Sweaty Bodies
▼ + stars: | 2024-04-25 | by ( The Styles Desk | ) www.nytimes.com time to read: +1 min

This week “Challengers,” Luca Guadagnino’s film about love, lust and tennis, finally hit theaters after being delayed by the actor’s strike last fall. Starring Zendaya, Josh O’Connor and Mike Faist as racket prodigies reunited by fate and tournaments, with costumes by Jonathan Anderson (designer of Loewe, his own JW Anderson line and many Uniqlo collabs), it is a romp through competitions and clothes. Vanessa Friedman Aesthetics — clothes, colors, design — have always been important in Luca Guadagnino’s movies, but “Challengers” is the first time he has collaborated with a single fashion designer: Jonathan Anderson. Jessica Testa Well, it’s not often you see a major fashion designer step into a film costume designer role. VF I loved the whole pop-art aesthetic of the movie, but I can’t say any of the clothes screamed “JWA” to me.

Persons: ” Luca Guadagnino’s, Zendaya, Josh O’Connor, Mike Faist, prodigies, Jonathan Anderson, Loewe, Anderson, Vanessa Friedman, Luca Guadagnino’s, ”, Jessica Testa, Guy Trebay JWA, Luca, Givenchy, Blake Edwards

Tokyo, Japan CNN —Tokyo Fashion Week concluded perhaps its most successful edition since the Covid-19 pandemic, with more international guests and buyers returning to Japan’s capital for the Fall-Winter 2024 edition. Up-and-coming labels were joined on the program by mainstays of Japanese fashion, like Mikio Sakabe. “Every person in Japan has their own style.”Scroll down for some of the best street style looks from Tokyo Fashion Week. Moeri Karasawa/CNNAttendee Bunta Shimizu wearing a colorful outfit at Tokyo Fashion Week on Thursday. Matt Jelonek/Getty ImagesGuests in eye-catching looks on the fourth day of Tokyo Fashion Week.

Persons: —, Yohji Yamamoto, Issey Miyake, Hanae Mori, Yu Masui, “, ”, Christopher Kane, Uniqlo, Natsumi Maso, Ryu Kobayashi, Soga Takahashi, Moeri Karasawa, CNN Ryu Kobayashi, Marc Jacobs, ” Kobayashi, Bunta Shimizu, Matt Jelonek, Ui, Yves Saint Laurent, Daisuke Fujii’s, Himari Semans, Daisuke Fujii, Sena, Karasawa, CNN Daikokudou Nero, Justin Shin, Yu, Ashley Williams, Reishito, Bill Whitten Organizations: Japan CNN, Tokyo, Tokyo Fashion, CNN Locations: Tokyo, Japan, Russia, “, Osaka, Himari

☆ Here's how to play Japan stocks, finally hitting a new high after 34 long years
▼ + stars: | 2024-02-22 | by ( Bob Pisani | ) www.cnbc.com time to read: +5 min

Japan's Nikkei 225 index , a price-weighted index of 225 Japanese stocks, has also hit an historic high. A few months before that, on December 29, 1989, Japan's Nikkei 225 Index hit an historic high that stood until this week. That's about the amount the U.S. stock market dropped at the start of the Great Depression, from 1929 to 1932. .N225 5Y mountain Nikkei 225 Index in past five years. The Japanese stock market took 20 years.

Persons: it's, Japan's, Minoru Isutani, Arnold Palmer, Richard Ferris, Peter Ueberroth, Clint Eastwood, Nori, Bart Wakabayashi Organizations: Nikkei, CNBC, Japan's Nikkei, Mitsubishi, Rockefeller Center, Lone Cypress Company, Sumitomo Bank, Taiheiyo, Lone Cypress, Toyota, Honda, Sony, Hitachi, Nintendo, Sumitomo Mitsui, Japan Hedged Equity, Dow Jones, Tokyo Stock Exchange, Retailing, Softbank, Vision Fund, Foreign, Bank of Japan, White Oak Capital, Reuters Locations: Tokyo, New York, Japanese, California, Japan, U.S, Singapore

☆ A stylist packed a capsule wardrobe for my 1-week trip to Italy, and it was the best I've ever dressed on vacation
▼ + stars: | 2024-01-23 | by ( Priya Raj | ) www.businessinsider.com time to read: +7 min

AdvertisementI've never been a light packer, and also find it overwhelming to put together outfits while on my vacation. Earlier this month, I took a three-stop trip through Italy, starting in Rome, traveling through Florence, and finishing in Venice. I previously wrote about building a French-inspired capsule wardrobe and it got me thinking about building a capsule wardrobe that also fits in my hand luggage. The preparationThe stylist and author put together a mood board to set the tone of the capsule wardrobe. I packed less than I usually do and created 12 outfitsThe author was shocked at how small tweaks could make her outfits look completely unique.

Persons: —, I've, Neda, Neda Kalantar, I'd, Kalantar, Priya Raj, it's Organizations: Service Locations: Italy, Rome, Florence, Venice

☆ Uniqlo sues Shein, claiming the company copied its viral shoulder bag
▼ + stars: | 2024-01-19 | by ( Associated Press | ) www.businessinsider.com time to read: +2 min

The practical "Round Mini Shoulder Bag," which costs $20, went viral over the last year. It its lawsuit, Uniqlo is demanding damages of around 160 million yen, or $1.1 million. AdvertisementUniqlo Co. has sued rival retailer Shein over a small shoulder bag the Japanese retailer said was an inferior and unlawful copy of its hit product touted as the "Mary Poppins bag." The lawsuit demanded Shein stop selling its product that Uniqlo said looks too much like its Round Mini Shoulder Bag. The Uniqlo bag is praised on TikTok and other social media as roomy but also light and compact.

Persons: Uniqlo, Shein, —, Mary Poppins, Julie Andrews Organizations: Service, Court, Roadget, Shein Locations: China, Singapore, Tokyo, Shein Japan, Japan, U.S

☆ Japanese brand Uniqlo sues Shein for allegedly copying its viral Round Mini Shoulder Bag
▼ + stars: | 2024-01-17 | by ( Jessie Yeung | ) edition.cnn.com time to read: +3 min

Hong Kong CNN —Japanese brand Uniqlo is suing Shein over claims the Chinese fast-fashion retailer is selling copycats of its viral shoulder bag. Its lawsuit against Shein was filed in Tokyo on December 28 and named three of the brand’s operators — Roadget Business Pte, Fashion Choice Pte and Shein Japan — according to the Fast Retailing statement. The shoulder bag first began circulating on TikTok in 2022 and continued to blow up in popularity through 2023, with video creators praising its versatility, spaciousness and affordability. The most viral TikToks about the bag racked up millions of views, ranging from styling tips to “what’s in my bag” videos, unboxings and haul reviews. In an investor report in the third quarter of 2023, Fast Retailer credited the shoulder bag for sparking “considerable interest on social media” and expanding its customer base among women and younger shoppers.

Persons: Shein, Uniqlo, “, Temu Organizations: Hong Kong CNN, Retailing, Shein, Company, CNN, Retailer, US Locations: Hong Kong, Tokyo, Shein Japan, TikTok, US United States, Chinese

TOKYO (AP) — Uniqlo Co. has sued rival retailer Shein over a small shoulder bag the Japanese retailer said was an inferior and unlawful copy of its hit product touted as the “Mary Poppins bag.”The lawsuit demanded Shein stop selling its product that Uniqlo said looks too much like its Round Mini Shoulder Bag. The Uniqlo bag is praised on TikTok and other social media as roomy but also light and compact. Shein, founded in China but now based in Singapore, did not immediately respond to a request for comment. The lawsuit was filed in Tokyo District Court on Dec. 28 by Tokyo-based Fast Retailing Co., which operates Uniqlo stores. Uniqlo, which has nearly 2,500 stores in 26 global markets, is behind hit affordable casual clothing like HeatTech thermal underwear.

Persons: —, Mary Poppins, Shein, Julie Andrews, Uniqlo, Yuri Kageyama Organizations: TOKYO, Court, Roadget, Shein Locations: China, Singapore, Tokyo, Shein Japan, Japan, U.S

☆ Tiger Woods and Nike’s ‘seismic’ partnership is over. Where do they go from here?
▼ + stars: | 2024-01-10 | by ( Jack Bantock | ) edition.cnn.com time to read: +10 min

After 27 years, 15 major championships, 82 PGA Tour wins and hundreds of millions of dollars in endorsement contracts, Tiger Woods and Nike announced the end of their collaboration on Monday. With Woods marking the sportswear company’s “significant entry” into golf, the partnership – and its impact – was “seismic,” explained Ben Peppi, sports commercial expert at JMW Solicitors. “For a long time post-Michael Jordan’s retirement, pre-Cristiano Ronaldo, Tiger Woods was Nike,” Peppi told CNN Sport. He transcends his sport – he wasn’t just a golf ambassador, he was a Nike icon.”As Woods became synonymous with golf, Nike became synonymous with Woods. Woods and Knight at the Tiger Woods Foundation's 20th Anniversary Celebration, held at the New York Public Library in 2016.

Persons: Tiger Woods, Woods, –, J.D, ”, Ben Peppi, Michael Jordan’s, Cristiano Ronaldo, ” Peppi, “, Tiger, Tiger …, David Cannon, Arnold Palmer, Bob Dorfman, ” Nike, Phil Knight, Knight, Gustavo Caballero, Peppi, “ There’s, Jason Day, Roger Federer, Federer, Yoshikazu, Michael Jordan, David Beckham, Usain Bolt, Puma, “ They’re, that’s, ’, it’s Organizations: CNN, Nike, Stanford University, Pumpkin, JMW Solicitors, “, CNN Sport, Augusta National, Gatorade, Accenture, Arnold Palmer Invitational, Baker, New York Public Library, Adidas, PGA, & $ Locations: golf’s, Cornelius , Oregon, Woods, ’, Japan

☆ How China's Shein became a fast-fashion giant
▼ + stars: | 2023-11-28 | by ( ) www.reuters.com time to read: +3 min

A Shein logo is pictured at the company's office in the central business district of Singapore, October 18, 2022. REUTERS/Chen Lin/File Photo Acquire Licensing RightsNov 28 (Reuters) - China-founded fashion company Shein has confidentially filed to go public in the United States, two sources familiar with the matter told Reuters on Monday. Shein says the approach has helped it consistently achieve average unsold inventory rates in the low single digits. At that valuation, Shein would still trail Uniqlo owner Fast Retailing's (9983.T) $80 billion valuation and Zara owner Inditex's (ITX.MC) $126 billion. Shein moved its headquarters to Singapore from Nanjing, capital of China's eastern Jiangsu province, around late 2021, a shift that analysts said helps the firm circumvent China's tough new rules on overseas listings.

Persons: Chen Lin, Shein, Chris Xu, PDD, Inditex's, Miyoung Kim, Stephen Coates Organizations: REUTERS, Reuters, WHO, Shein, Walmart, Thomson Locations: Singapore, China, United States, Europe, Asia, U.S, Swedish, Zara, Nanjing, China's, Jiangsu

☆ Uniqlo owner Fast Retailing annual profit rises 28% to fresh record
▼ + stars: | 2023-10-12 | by ( ) www.reuters.com time to read: +2 min

[1/2] A customer looks at a cardigan in a store of the Uniqlo fast fashion retailer in the Sanlitun shopping district in Beijing, China, November 6, 2021. REUTERS/Thomas Peter/File photo Acquire Licensing RightsTOKYO, Oct 12 (Reuters) - Japan's Fast Retailing Co (9983.T), owner of clothing brand Uniqlo, reported on Thursday that full-year operating profit rose 28% to reach its second consecutive record, aided by a post-pandemic recovery in China and the yen's slide. Profit was 381.1 billion yen ($2.56 billion) in the 12 months through August compared with 297.3 billion yen, the previous all-time high, a year earlier. Operating profit is expected to rise to reach another record of 450 billion yen next fiscal year, the company said. When its Chinese operations suffered during strict COVID-19 restrictions, Fast Retailing put increased focus on markets in North America and Europe.

Persons: Thomas Peter, Daisuke Tsukagoshi, Tadashi Yanai, Rocky Swift, Muralikumar Anantharaman, Jamie Freed Organizations: REUTERS, Rights, Retailing, Japan's, Forbes, Thomson Locations: cardigan, Beijing, China, Japan, North America, Europe

Women dress in graduation gowns at the West Kowloon Cultural District in front of the Hong Kong Skyline in Hong Kong (Photo by Vernon Yuen/NurPhoto via Getty Images)Asia-Pacific markets rose as investors looked ahead to key U.S. consumer inflation data, which will inform the Federal Reserve's rate decision in its policy meeting beginning Oct. 31. In Australia, the S&P/ASX 200 added 0.31%. In Japan, the Nikkei 225 opened 1% higher, with shares of Uniqlo-owner Fast Retailing up nearly 1% ahead of its full-year earnings report due later in the day. South Korea's Kospi rose 0.75% at the opening bell, holding near two-week highs.

Persons: Vernon Yuen Organizations: Kowloon Cultural, Hong Kong Skyline, Getty Images, Nikkei, Retailing Locations: Kowloon, Hong Kong, Asia, Pacific, Australia, Japan

Operating profit for the fiscal year through August is expected to rise 26% to 374.6 billion yen ($2.52 billion), according to the average estimate of 12 analysts collected by LSEG. The company has forecast 370 billion yen, which would far exceed last year's 297.3 billion yen. Consensus estimates could be underplaying the company's results given the recovery in China, the weak yen, and strong performance in the United States and Europe, said LightStream Research analyst Oshadhi Kumarasiri. "I'm expecting a positive earnings surprise and a strong set of guidance for next year," added Kumarasiri, who publishes on the Smartkarma platform. Fast Retailing's shares are up 22% in 2023, about even with the gain in the benchmark Nikkei index (.N225).

Persons: Tadashi Yanai, Oshadhi Kumarasiri, I'm, Daisuke Tsukagoshi, Uniqlo, Yanai, Rocky Swift, Varun Organizations: Retailing, Japan's, Forbes, Nikkei, Thomson Locations: TOKYO, China, United States, Europe, doldrums, North America

REUTERS/Jason Reed/File Photo Acquire Licensing RightsOct 12 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. But the tone of trading across Asian markets on Thursday may be a little more cautious than some of the headline moves on Wednesday indicate, and may also hinge on the U.S. yield curve. But ugly U.S. producer inflation data at the U.S. open on Wednesday - monthly, annual, headline and core readings were all higher than expected - was a reality check for those betting the Fed is all but done raising rates. But this flipped back again after the latest Fed minutes were released, paving the way for a late flourish on Wall Street and positive close for the three main indexes. The 'pivot' message from Fed officials this week has been pretty strong and consistent, and Governor Christopher Waller on Wednesday was the latest to beat that drum.

Persons: Jason Reed, Jamie McGeever, Christopher Waller, India's, Josie Kao Organizations: U.S . Federal, REUTERS, CPI, U.S, PPI, India's CPI, Bank, Thomson, Reuters Locations: Washington, Malaysia, Asia, Japan, U.S, Europe, India, Marrakech, Morocco

☆ Sean McGirr named as creative director of Alexander McQueen
▼ + stars: | 2023-10-03 | by ( ) www.reuters.com time to read: +1 min

The logo of French luxury group Kering is seen at Kering headquarters in Paris, France, February 13, 2023. REUTERS/Sarah Meyssonnier/File Photo Acquire Licensing RightsPARIS, Oct 3 (Reuters) - Sean McGirr was named by French luxury goods group Kering as creative director of British label Alexander McQueen on Tuesday. His appointment comes amid a broader restructuring at Kering as it seeks to rejuvinate sales at its star label Gucci. The McQueen label is one of several brands that Kering has flagged for development into beauty products, alongside Bottega Veneta and Balenciaga. Reporting by Mimosa Spencer; Editing by Alexander SmithOur Standards: The Thomson Reuters Trust Principles.

Persons: Sarah Meyssonnier, Sean McGirr, Alexander McQueen, McGirr, JW Anderson, Sarah Burton, Gucci, Kering, McQueen, Gianfilippo Testa, Mimosa Spencer, Alexander Smith Organizations: REUTERS, Rights, JW, London, Central Saint Martins, Bottega Veneta, Balenciaga, Thomson Locations: Paris, France, Van, Kering

☆ I'm a celebrity fashion stylist. Here are 5 brands I love that scream 'quiet luxury'—they start at just $9
▼ + stars: | 2023-09-22 | by ( Ashley Afriyie | ) www.cnbc.com time to read: +3 min

Zoom In Icon Arrows pointing outwards Credit: The Frankie ShopZoom In Icon Arrows pointing outwards Credit: The Frankie ShopWhile a bit more expensive than Zara, they offer more curated products and on-trend, minimalist designs. Zoom In Icon Arrows pointing outwards Credit: IntimissimiSilk and cashmere are sought after because the process to create them takes so long. Zoom In Icon Arrows pointing outwards Credit: MejuriMy must-haves are the pearl-stud earrings ($198) and delicate chain necklace ($148). Zoom In Icon Arrows pointing outwards Credit: Mejuri5. Zoom In Icon Arrows pointing outwards Credit: Uniqlo

Persons: Celine, Max Mara, Zara Zara's, Zara, Uniqlo Organizations: Gucci, Saks Fifth, Uniqlo Locations: Zara, New York City, Paris

☆ Doc Martens, Bomber Jackets, No Ties: Parsing Gen Z Politicians’ Style
▼ + stars: | 2023-09-17 | by ( Rachel Janfaza | ) www.nytimes.com time to read: +1 min

Caleb Hanna, a Republican in West Virginia’s House of Delegates, also said his clothes could set him apart from colleagues. On Fridays, he said, there is a tradition among some Republican members of the State House of Delegates to wear camel suit jackets, a decades-old ritual in which he has not participated. “I think that politics today is a lot different from politics of the past,” Delegate Hanna, 23, said. He started wearing the beret while organizing Black Lives Matter protests in 2020, he said. Later, when he announced his campaign for City Council, it became a way for people to recognize him.

Persons: Caleb Hanna, “, Hanna, ” Mr, Vineyard Vines, ”, “ I’m, Chi Ossé, . Martens, Ossé Organizations: Republican, West Virginia’s House, State, Vineyard, City Council, Black Panthers, New Locations: West Virginia’s, West Virginia, Brooklyn, City

☆ I shopped at Uniqlo's sister store GU to see why Gen Z loves the brand. I was surprised to find some pieces I liked.
▼ + stars: | 2023-09-08 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +2 min

GU is a fast-fashion brand targeting Gen Z with stylish, affordable clothing. I visited the store and found some of the trendier pieces, like cargo pants, quite approachable. GU has grown to nearly 450 stores in Asia but didn't enter the US market until it opened its Soho store in October 2022. Much like Uniqlo, GU carries basics like logo-free t-shirts, simple sweaters, minimalist shoes, and dress pants. I wanted to check it out for myself, so I visited to see why it's become popular among Gen Zers.

Persons: Gen Z, that's, didn't, it's, Zers Organizations: GU, New York City, Service, Fast Retailing Group Locations: New York, Wall, Silicon, Asia, Soho, Uniqlo

☆ UBS says this is how to play China right now — and shares its top stock picks
▼ + stars: | 2023-08-31 | by ( Lucy Handley | ) www.cnbc.com time to read: +4 min

Analysts at UBS have detailed how to play a volatile Chinese market in the short term. Chinese internet giant Alibaba is on UBS' list, with the bank expecting it to grow faster than the overall Chinese stock market. "Potential stock price catalysts include growth from the cloud business, overseas expansion and greater operational discipline," the analysts wrote. Insurers with full pension licenses, such as Ping An, will likely enjoy a first mover advantage," the analysts wrote. Consumer stocks In consumer stocks, UBS likes Topsports International , which is Adidas ' largest retail partner globally, the bank said.

Persons: Gina Raimondo, — CNBC's Michael Bloom Organizations: UBS, Baidu, Ping An Insurance, Consumer, Topsports, Adidas, Shenzhou, Nike, KFC, China Longyuan Power, China Resources Power Locations: Asia, China

☆ Behind the rise of GU: The Uniqlo offshoot loved by millennials and Gen Z is the latest cool-kid brand
▼ + stars: | 2023-08-07 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +4 min

The fast-fashion brand targets Gen Z with stylish, affordable clothing. The brand sells basics like T-shirts as well as trendy pieces like cargo pants. GU was created in 2006 as a sister brand to Uniqlo geared toward Gen Z shoppers. GU sells basics as well as trendy pieces for Gen Z and millennials. Much like Uniqlo, GU carries basics like logo-free t-shirts, simple sweaters, minimalist shoes, and dressy-casual pants.

Persons: Julissa Degante, Felix Garcia, Garcia, Degante, Gen, Jennifer Ortakales Dawkins, didn't, Chris, Zers, You'll, Hulu's Organizations: GU, Service, Uniqlo's Broadway, Fast Retailing Locations: Wall, Silicon, Uniqlo's, New York, Soho, Asia, Uniqlo, Malibu

☆ Roger Federer Is Having Fun in Retirement
▼ + stars: | 2023-08-02 | by ( Alyson Krueger | ) www.nytimes.com time to read: +1 min

Mr. Federer was involved in almost all the details, from fabric to zippers. Mr. Federer knew Mr. Anderson from mutual friends in the fashion world. “He is the hottest designer out there,” Mr. Federer said. When the idea came up for us to work together, I was very excited.”On the morning of the introduction, Mr. Federer seemed happy and relaxed as he showed off his new clothes. In the edited interview below, Mr. Federer talks about his life in retirement.

Persons: Federer, Jonathan, ‘, ”, Mr, Anderson, ” Mr, “, René Lacoste, Stan Smith

☆ CLSA discusses Uniqlo and Chinese consumption
▼ + stars: | 2023-07-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIf China's households are 'feeling the pinch,' Uniqlo will do very well on the ground there: AnalystOliver Matthew, head of Asia consumer research at CLSA, says Uniqlo was born in Japan's deflationary environment and "found a way to thrive there."

Persons: Oliver Matthew, Uniqlo Locations: Asia, Japan's

☆ Uniqlo owner's 3Q profit surges 35%, raises forecast on China recovery
▼ + stars: | 2023-07-13 | by ( ) www.reuters.com time to read: +1 min

TOKYO, July 13 (Reuters) - The Japanese operator of apparel retailer Uniqlo reported record third-quarter profit on Thursday and raised its full-year forecast as its business in China continued to recover from a pandemic slowdown. Fast Retailing's (9983.T) operating profit in the three months through May surged 35% to 110.3 billion yen ($797 million), exceeding the 102.4 billion yen average of forecasts from seven analysts surveyed by Refinitiv. The company raised its full-year profit forecast to 370 billion yen, also a new record, from 360 billion yen previously. Fast Retailing's Uniqlo sign boards are displayed at a casual clothing store in Tokyo, Japan January 11, 2023. Fast Retailing's shares have soared 32% so far this year, helping founder Tadashi Yanai cement his place as Japan's richest person.

Persons: Uniqlo, Issei Kato, Tadashi Yanai, Rocky Swift, Stephen Coates, Tom Hogue Organizations: REUTERS, Business, Nikkei, Thomson Locations: TOKYO, China, Tokyo, Japan

☆ Free shipping as we knew it is over
▼ + stars: | 2023-07-11 | by ( Yeji Jesse Lee | ) www.businessinsider.com time to read: +4 min

Most online shoppers have come expect free shipping, according to a recent survey. It says companies like Macy's and Abercrombie & Fitch have raised their free shipping minimums online. Free shipping "wasn't going to last, and finally the party is over," Satish Jindel, president of shipping data company ShipMatrix, told the Journal. According to data from shipping technology firm Shippo, nearly two-thirds of Americans said they wouldn't buy something online without free shipping. "Having some type of free shipping option is now a permanent expectation," Krish Iyer, vice president of strategic partnerships at shipping software company Auctane, told Insider earlier this year.

Persons: Fitch, Narvar, Satish Jindel, minimums, Krish Iyer Organizations: Service, Privacy, Wall Street Journal, Retailers, Abercrombie, Amazon, Amazon Prime, Insider Intelligence, Carriers, UPS, FedEx, DHL Locations: Wall, Silicon, Narvar

☆ Gen Z and millennial shoppers are swapping handbags for fanny packs and totes
▼ + stars: | 2023-06-27 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +2 min

Gen Z and millennial shoppers are ditching handbags for fanny packs and tote backs. The pandemic made remote working a norm and this popularized casual wear for various occasions. According to new data from consumer behavior analysis firm Circana – which tracks the online and in-store purchases of 150,000 US consumers – Gen Z and millennial consumers aged between 18 and 34 are buying fewer handbags than older shoppers. "Versatile, hands-free options, including backpacks and fanny packs, have proven to be very desirable," she added. Fanny packs have had a comeback in recent years among younger generations because they're small enough to hold essential items when going clubbing or to a festival.

Persons: Z, fanny, —, Gen Z, Millennials, Beth Goldstein, Circana Organizations: tote, Service

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