The California-based secondhand fashion marketplace said it has made the “tough decision” to end operations in Australia, India and the UK, effective Oct. 26. Beginning November 2, buyers and sellers for India, Australia, and the UK will no longer have access to the marketplace via the app or web.
“This move, while difficult, will allow us to focus our energy and increase our investments in our core markets, the U.S. and Canada,” wrote Manish Chandra, founder and CEO, in a blog on the company’s website.
Poshmark entered the UK less than a year ago, in January, after launching in India and Australia in 2021. Its exit from the markets markets comes approximately one year after the company agreed to be acquired by South Korean internet giant Naver Corp in a deal valued at approximately $1.2 billion.
Poshmark has about 8.1 million monthly active users on its phone apps, according to mobile intelligence firm Sensor Tower, reported TechCrunch. The app’s popularity has been slowing in its foreign markets, with fewer than 500,000 active users in the past month across the UK, India, and Australia, the report said.
Spanx to pop up in NYC, Washington D.C. and Miami — here are the dates
Spanx is set to launch its first-ever series of pop-up events.
The shapewear and activewear brand will open the first pop-up in New York City on Oct. 27, followed by Washington D.C. on Nov. 4 and Miami on Nov. 11. Each will be open only for one day. (The times and locations, which are all outdoors, are listed at end of article.)
“This is the first time we're bringing Spanx apparel to the public with a retail experience," said chief brand officer Misha Nonoo, chief brand officer, Spanx, which was purchased by Blackstone in 2021. "It's time. At Spanx, we are driven by our commitment to solving shared wardrobe problems and helping women juggle the many roles they take on every day.
The pop-ups will feature artwork by Nigerian-Australian artist Nkoski Ndlovu, whose piece celebrates the twists and turns that shape the female experience. Guests will have the chance to observe her work through an interactive art installation, while exploring the latest apparel collections from Spanx, the company said.
Here are the dates and times of the Spanx pop-ups.
New York City
Friday, Oct. 27 11:30 AM - 5:00 PM Hudson Yards Public Square and Gardens
Saturday, Nov. 4 10:00 AM - 5:00 PM The Wharf (Market Square)
760 Maine Ave SW
Saturday, Nov. 11 11:00 AM - 5:00 PM Miami's Design District - Sweet Bird North
95 NE 40th Street
After the three stateside pop-ups, Spanx will travel to London, opening a pop-up in Selfridges. It will be open Nov. 20 to Dec. 22.
Upscale home retailer West Elm, a Williams-Sonoma, Inc. brand, has launched a redesigned version of its registry for its baby and kids collections.
Customers looking to register for the West Elm Baby and West Elm Kids Collections will be able to easily discover and add items in every style to their registries. Registrants using the new West Elm Baby and Kids Registry will benefit from free registry tools, inspiration, nursery design services executed by West Elm’s Design Crew, and a completion discount for a limited time following the celebration.
The new West Elm Baby and Kids Registry also offers customers the ability to add items from all Williams-Sonoma, Inc. brands, including Pottery Barn Kids, to their registries.
Founded in Brooklyn, New York in 2002, West Elm first launched its West Elm Baby and West Elm Kids Collections in 2021, which include items like furniture, bedding, bath, rugs, lighting, décor and gifts.
Hibbett links rewards program to Nike
Hibbett Inc. is connecting its loyalty program with Nike’s rewards offering.
The newly integrated Hibbett Rewards X Nike Membership will provide Hibbett shoppers with new benefits and elevated retail experiences when they purchase Nike and Jordan products at a Hibbett store or the retailer’s website.
Nike launched a similar connected partnership with Dick’s Sporting Goods in November 2021. The new collaboration with Hibbett includes access to member-only products, curated Nike and Jordan outfit bundles, community experiences and personalized content.
“We are excited about the launch of our connected partnership with Nike,” said Jared Briskin, executive VP, merchandising and supply chain, Hibbett. “Integrating the Hibbett Rewards X NIKE Membership will transform the ways in which we engage and delight our members across all omnichannel touchpoints. It will further solidify our leading differentiated retail experience in underserved communities.”
“The future of our marketplace is a connected one,” said Jason Kirrer, VP, Nike North America marketplace partners. “We are excited to team up with Hibbett to launch our next connected partnership, providing consumers with exclusive experiences, personalized content and early access to Nike and Jordan member products.”
To promote the l Hibbett Rewards X Nike Membership launch, the retailer is creating a new look for the Hibbett Rewards page online, in the app and in email marketing, and will also display in-store signage surrounding the program.
Headquartered in Birmingham, Ala. Hibbett operates 1,148 Hibbett and City Gear specialty stores, located in 36 states nationwide.
Walgreens in settlement with shareholders over failed Rite Aid merger
Walgreens Boots Alliance has reached a settlement in a class action lawsuit filed by investors of Rite Aid.
The pharmacy and health care services giant agreed to pay $192.5 million to resolve the suit, which was filed by Rite Aid investors who accused Walgreens of misleading them about scrutiny of the two companies’ proposed merger, reported Reuters. The settlement deal is subject to approval by a district judge in Pennsylvania.
The lawsuit claimed that Walgreens downplayed antitrust regulatory concerns about the merger, which was first announced in 2015 and came under intense scrutiny by regulators. Walgreens scrapped the plan in June 2017 after failing to win approval from the Federal Trade Commission.
The settlement comes days after Rite Aid filed for Chapter 11 bankruptcy protection.
Fashion brand and jewelry destination Claire’s has announced the relaunch of its loyalty program under a new name and brand identity.
Now known as C.CLUB, the program provides increased benefits and faster ways to earn rewards. To celebrate the relaunch, Claire’s is giving away one billion reward points to both new and existing members who join the program.
Once enrolled, C.CLUB loyalty members, referred to as "Friends,” will have access to a number of benefits, including 50 points every time they make a purchase. With 100 points equaling a $5 reward, members will be rewarded after every two times they shop.
Members of the program will also be eligible to receive free earrings for a year when they get pierced in-store, exclusive birthday surprises, special discounts and free shipping as well as invitations to members-only events and early VIP access to new products and collection launches.
C.CLUB members will be given additional ways to earn points, including the opportunity to level-up their rewards by becoming a "Bestie” for $100 per year. Additional perks for C.CLUB Besties include 50% more points on each purchase and free shipping with no minimum purchase required.
In addition, for the first time, Claire's will offer the first 1,000 members who play and win the C.CLUB quest in its ShimmerVille metaverse environment on the immersive Roblox gaming platform a free pair of earrings, redeemable in Claire's stores.
"With over 18 million members (and growing!), our loyalty program is one of the most important aspects of our brand," said Kristin Patrick, EVP and chief marketing officer of Claire's. "As we continue to turn our brand platform over to the voices of Gen Zalpha, we hope that allowing them to play an instrumental role in building C.CLUB will help inspire them with new possibilities."