In this edition of the State of Retail, Consumer Edge highlights key trends shaping the apparel, accessories, and footwear industry in 2025.| Consumer Edge
The Canadian luxury e-tailer told employees on Thursday that the filing was necessary as tariffs took an unexpected toll on the business, and to preempt a forced sale by lenders, BoF has learned.| The Business of Fashion
Recent layoffs are at least the third round of staffing cuts in the past year, according to current and former employees, and internal documents reviewed by The Logic.| The Logic
Logistical hurdles mount for startups as US deadline yields no trade deal.| BetaKit
Smart Nora co-founder and CEO Behrouz Hariri said “the sharp and unexpected increase in tariffs” negatively affected investor sentiment.| BetaKit
Embattled retailer with ties to Montréal tech set to shutter stores on May 18.| BetaKit
Montréal-based fashion tech startup SSENSE is set to announce it has reached a valuation of $5 billion CAD following a minority investment from Sequoia Capital.| BetaKit