Sports Brands Need to Take Risks to Boost Business

angel may

Click here to read the full article.

Plain vanilla is the kiss of death.

Sporting goods brands and retailers need to be willing to take some risks in their design and merchandising to lure consumers to buy.

“A plain vanilla assortment means boring and the same as last year,” said Matt Powell, vice president and senior industry analyst for NPD Group. “There’s no surer way to kill a retail business.”

So despite fears that have come to the forefront during the pandemic that are causing companies to want to play it safe, Powell said they need to “take some risk and offer a provocative and exciting assortment.”

Powell made those comments as part of a webinar titled “Monitoring the Impact of COVID-19 and the Road to Recovery” for the Sports & Fitness Industry Association Tuesday afternoon.

Over the past few months, sports apparel and footwear have performed better than many

Read More

Harvey Weinstein Victims Win $19 Million Settlement In Civil Case

angel may

Click here to read the full article.

A group of women in the entertainment industry who sued Harvey Weinstein over allegations of sexual harassment, sexual abuse and rape announced Tuesday evenng they have reached an $18.875 million settlement with Harvey Weinstein, The Weinstein Company Holdings and certain former officers, directors and employees of TWC.

Plaintiffs Louisette Geiss, Sarah Ann Thomas, Melissa Thompson, Melissa Sagemiller, Nannette May, Katherine Kendall, Caitlin Dulany, Larissa Gomes and a Jill Doe filed their motion for preliminary approval of the class action settlement today in the United States District Court for the Southern District of New York. If approved by the court, the settlement will create a victims’ fund allowing all women who were abused by Harvey Weinstein under certain circumstances to make claims for damages in a confidential and non-adversarial process.

More from Deadline

Filed in November 2017, the class action lawsuit alleges that Harvey

Read More

Meet Thrilling, An Online Marketplace That Supports Small Vintage Stores

angel may

When the pandemic hit, Thrilling, an online marketplace that offers vintage and secondhand clothing from small businesses around the country, cut its commissions for the first two months. After brick-and-mortar businesses were forced to close their doors, and thus lose their main source of income, founder and CEO Shilla Kim-Parker knew that those owners needed every dollar they could make. Thrilling then released custom-printed vintage T-shirts to raise money for the 100+ stores it carries (you can still purchase them or donate to stores here). When protests started around the country, following the murder of George Floyd at the hands of the police, Thrilling curated a collection of clothing from Black-owned vintage stores — although, as a Black woman, Kim-Parker had amplified these businesses since the start of Thrilling, giving them the exposure they desperately need in a fashion industry that still prioritizes whiteness.

Kim-Parker, whose prior careers were in

Read More