Clothing

Rent the Runway is overhauling its membership plans, doing away with an unlimited rental option, as consumers change what they wear and how they shop for clothes during the coronavirus pandemic.

The coronavirus pandemic is shining a light on U.S. department stores’ dependence on selling fashion and their delay in adapting to today’s retail environment.

Instant coffee, ketchup, Lululemon yoga pants and Nike Air Max sneakers are all in. Bottled water, pricey diapers and Burberry luxury trench coats are out.

An update on Patagonia's current operations and more information about what their customers can expect.

Jamie Nordstrom delves into the challenges and changes of operating Nordstrom during the Global Pandemic

Men’s Warehouse owner Tailored Brands said it is eliminating roughly 20% of its corporate workforce by the end of its fiscal second quarter. It also said it has selected up to 500 of its stores that it could close “over time.” It did not disclose a list of locations. Earlier this month, Tailored Brands skipped a $6.1 million payment to bondholders, triggering a 30-day grace period.

JCPenney has survived world wars, the Great Depression, the Great Recession and the rise of both big box and online rivals. But surviving the Covid-19 pandemic is very much in doubt.

Brooks Brothers, founded in 1818, filed for bankruptcy on Wednesday. The retailer, which generated more than $991 million in sales last year, has more than 200 stores in North America and 500 worldwide. It has already decided to close roughly 51 stores, a decision it attributes to the pandemic.

The luxury industry will feel the fallout from the coronavirus crisis for the next two years if not longer, Chanel’s chief financial officer said on Thursday, warning the French fashion label’s 2020 revenues and profit would be significantly hit.

As retailers slowly reopen during the coronavirus pandemic and shoppers return to stores, “everybody has a new size,” Marc Rosen, executive vice president and president of Levi Strauss’ Americas division, said in a Wednesday phone interview. Levi’s as of last week had about 35% of its stores in the U.S. back open, according to Rosen, with queues of people forming outside some.