RETAILBOSS - Latest News and Information
Technology Pulse
EMAIL DIGESTS
Daily
Every morning
Weekly
Tuesday recap
EMAIL DIGESTS
Daily
Every morning
Weekly
Tuesday recap
A spoof post by fashion watchdog Diet Prada on April 1 claimed that Chanel’s creative director Matthieu Blazy had abruptly left the house. The fabricated story included a fake press release and an invented AI project called “Karl‑II,” which made the rumor appear credible. Screenshots of the hoax quickly spread across X, Instagram, TikTok and Discord, prompting many to believe the departure was real. Chanel has issued no statement, confirming that Blazy remains in his role.
Target celebrated the opening of its 2,000th U.S. store in Fuquay‑Varina, North Carolina, marking the largest physical‑store expansion in its recent history. The retailer pledged $5 billion for 2026, with more than $1 billion earmarked for new locations and remodels, and plans...
Ralph Lauren’s new West Coast café at The Suprette marks the brand’s latest experiential flagship, pairing a Ralph’s Coffee shop with a full‑line retail store. Since its 2014 launch, the coffee concept has grown to more than 40 locations and...
Gap Inc. closed fiscal 2025 with net sales of $15.4 billion, a 2% increase, and an operating margin of 7.3%, the highest in 25 years. The retailer generated $1.3 billion in operating cash flow and announced a $1 billion share‑repurchase authorization. This performance...
