Williamsburg, in particular, has its own distinct identity and character separate from Manhattan, and we're excited to be part of a neighborhood that has shown the brand such strong support. We also let customer feedback guide us. There's been consistent demand for a Salomon store in Brooklyn, and our data channels clearly reflect this strong interest.
In the late 2010s, at the height of the direct-to-consumer boom, Framebridge founder Susan Tynan was green with envy. Many other venture-backed startups from the era-like Casper, Away, and Glossier -were growing much faster than her custom framing business. While these other buzzy brands focused on acquiring customers and growing revenue, Tynan was using her $81 million in venture funding to tackle more arduous operational issues, like building factories and hiring hundreds of craftspeople to make frames by hand.
Kardashian's ventures, including her cosmetics brand SKKN, have attracted young shoppers and benefited from her vast social media following. Similarly, other celebrity-backed brands have also drawn venture capital investment, as firms bet on the marketing power and built-in audiences of high-profile founders to drive consumer demand. Elf Beauty agreed to buy Hailey Bieber's makeup and skincare brand, Rhode, for about $1bn earlier this year, while Rihanna-backed Fenty Beauty and Khloe Kardashian's Good American have also drawn venture capital funding.
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In a deal valued at $4 billion, Boyu is acquiring 60% of Starbucks China's business, with plans to close in the first three months of the year, per a press release. The release said that the Boyu partnership would help elevate Starbucks' customer experience in China and speed expansion into new cities. In an open letter on Monday, Starbucks CEO Brian Niccol said that through the Boyu partnership, he aims for Starbucks to grow from 8,000 stores in Chinato over 20,000.
"We're thrilled to expand into 1,600 Walmart stores nationwide and make our delicious modern snacks available to more people," said April Siler, CEO of Good Eat'n. "Exciting options that are good and a fun and pleasurable experience is what we are all about. Today's consumers want better ingredients and clean labels without sacrificing taste - and we're proud to deliver just that."
Since its founding in in Antwerp in 2016, Loop has become a best-selling, highly imitated earplug brand, racking up collaborations from Coachella to McLaren to Swarovski. When Bodewes and O, childhood friends who bonded over a mutual love of music festivals and motorcycles, began suffering from tinnitus in their late twenties, they found a gap in the market for affordable but stylish earplugs.
The New York City-based designer, who until now has had a small retail footprint and big fashion clout, is releasing a limited collection with Gap (big footprint, big clout). The collection is anchored by core Gap and Sandy Liang categories, like denim and outerwear, including a precious pair of carpenter jeans with bow stitching on the pocket, a faux fur half zip in a Bambi-inspired print, and two heavy-weight fleece hoodies glamified with the Sandy Liang logo or her signature bow.
Carhartt, the Dearborn, Michigan-based brand with a 136-year heritage, is making its long-awaited entry into Manhattan by opening its first New York City store in the Flatiron District. The expansive 5,000-square-foot location at 936 Broadway was strategically chosen for its accessibility to the local community, preferring the area's blue-collar core over higher-profile spots like the Empire State Building. Chief Brand Officer Susan Hennike confirmed that, despite popular belief, New York City hosts a vast population of skilled tradespeople-carpenters, electricians, and construction workers-who are the brand's core demographic. The new store, the company's 57th globally, is part of a plan to reach 100 units by 2030, with a focus on locations that remain "brand right."
The move comes through a partnership with retail property group Societe des Grands Magasins (SGM), which owns BHV Marais and several Galeries Lafayette stores. "This alliance is more than just a launch -- it's a commitment to revitalise city centres across France, restore department stores and create opportunities for French fashion," Shein said. It pledged to create 200 direct and indirect jobs in France.
L.L. Bean is bringing its signature outdoor lifestyle brand to MetroWest this fall. A 20,000-square-foot store will open in November at Framingham's Fresh Market Plaza. "Framingham's location in the heart of MetroWest makes it an ideal spot for our newest retail store," said Greg Elder, Chief Retail Officer at L.L. Bean, in a statement. "It will allow us to more conveniently serve our area customers with our outdoor-inspired, four-season assortment of apparel and footwear."
We are working on expanding our wholesale and retail presence, which I think will essentially capture the market share that we're going to need to be at spot one, two or three, so to speak, Kinder said. Expanding retail, expanding wholesale, and just continue to offer good service to partners, good pricing, I think that will lead in itself to capturing more market share as we go on.
Any policies which affect the operating costs of business should be considered very, very carefully because of the very real risk they find their way back into the food system and on to prices, Hurley told the BBC. UK grocery inflation jumps to highest level in 15 months The German discounter said its decline in profits from 552.9m to 435.5m was in part due to the budget chain's spending in price promotions and raising pay for staff, as well as an intensive store opening programme.
Einstein Bros. - which is part of the Panera Brands group alongside Panera Bread and Caribou Coffee - said the new stores are intended to cater equally to in-store dining, to-go orders and app-based pickups. The company said it will offer "premium finishes, warm neighborhood character and thoughtful layouts that make every visit easy and enjoyable." It added that the design aims to "delight guests in every moment of their visit," in part by enhancing digital and physical experiences.
Meta, the social media giant led by Mark Zuckerberg, is preparing to open its first physical store in London as part of a push to drive sales of its virtual and augmented reality devices. Property sources said the company is exploring Oxford Street as the likely location for a permanent flagship space where shoppers can try out products such as the Meta Quest headset and Ray-Ban smart glasses. The move would mark Meta's first bricks-and-mortar presence in the UK.
Black Rock Coffee Bar has confidentially filed for an initial public offering in New York, targeting a valuation exceeding $1 billion. This will mark the first IPO from a U.S. coffee company since 2022.
"Our asset management strategy is centred around transformation through accumulation. This essentially means implementing a series of incremental changes, that together make a significant difference."