Legal

The New York Fashion Workers Act Slowly Progressing Forward
May 20, 2024 at 6:45 pm

As a means to regulate modeling and creative agencies and provide basic labor protections to the creative workforce behind the fashion industry — models, influencers, artists, and stylists — the New York Fashion Workers Act (FWA) was introduced by Senator Brad Hoylman-Sigal and Assembly Member Karines Reyes in March 2022. Recently, legislators in New York…

Affirmative Action One Year Later: What Retailers Need to Know
May 20, 2024 at 6:24 pm

We're quickly approaching the one-year anniversary of the U.S. Supreme Court’s decision striking down affirmative action in higher education. Although Students for Fair Admissions v. Harvard University and Students for Fair Admissions v. University of North Carolina (Harvard/UNC decision) did not squarely apply to the private sector, corporations have been swept into a nationwide conflict…

NRF Rejects Shein Membership as Retailer Pursues US IPO
May 14, 2024 at 5:40 pm

Shein has attempted to become a member of the National Retail Federation (NRF), the industry’s largest trade association, numerous times but has been rejected, reports CNBC. It’s unclear why the NRF rejected Shein’s membership application, but according to one of the people familiar, someone with sway is strongly against the company’s admittance. The NRF hasn’t totally…

Win Customers, Avoid Lawsuits: Minimizing Reference Price Litigation Risk
May 14, 2024 at 12:28 pm

False reference price and deceptive pricing class actions are a growing concern for retailers, with lawsuits multiplying faster than ever. Broadly speaking, these lawsuits allege that retailers that routinely offer items at sale prices or that run regular “limited time” offers are engaging in deceptive advertising. The lawsuits allege the purpose of overfrequent sales is…

The FTC Increases Scrutiny of Made in USA Claims
May 14, 2024 at 9:56 am

Over the past few years, the Federal Trade Commission (FTC) has dramatically intensified its scrutiny of companies’ claims, on labelling and in advertising, that their products are “Made in the USA.” The FTC has launched numerous investigations to uncover potentially deceptive trade practices, asserting that untruthful claims impede businesses, mislead customers, and burden small business…

What Small Business Owners Aren’t Considering (But Need to!) When it Comes to Generative AI
May 8, 2024 at 6:40 pm

Small business owners increasingly use advanced generative artificial intelligence tools to enhance digital marketing strategies and maintain a competitive edge. iStock’s VisualGPS research reveals that 42 percent of SMBs and SMEs already leverage AI-generated content to strengthen their online presence, highlighting a growing recognition of AI's potential for e-commerce success. Learning about the data that…

rue21 Files for Bankruptcy, to Close All of its Stores
May 6, 2024 at 1:21 pm

rue21, a mainstay of malls across America, has filed for chapter 11 bankruptcy protection and will close all of its stores. In a filing last week with U.S. Bankruptcy Court in the District of Delaware, rue21 said it will close its roughly 540 stores over the next two months and hold going-out-of-business sales. It will…

Express Files for Bankruptcy, to Close Nearly 100 Stores
April 22, 2024 at 12:10 pm

Longtime mall retailer Express filed for Chapter 11 bankruptcy protection on Monday, however, a group of investors led by brand management firm WHP Global is looking to save the company by acquiring it. Express, whose portfolio includes its namesake banner, Bonobos and UpWest, said it will close 95 of its eponymous shops and all of…

Report: FTC Considering Blocking Tapestry-Capri Holdings Merger
April 17, 2024 at 6:55 pm

The Federal Trade Commission (FTC) is preparing to sue to block a luxury fashion mega merger, Tapestry’s $8.5 billion takeover of Capri Holdings, two people with knowledge of the matter said. The FTC’s five commissioners are expected to meet next week to discuss the case, a move that could precede a formal vote on whether…

Coach Sues Gap for Selling T-Shirts With the Word 'COACH'
April 10, 2024 at 12:32 pm

Luxury retailer Coach and its parent company are suing Gap Inc., alleging its Old Navy brand sold T-shirts with the word "COACH" printed on them in capital letters. In a lawsuit filed April 3 in the United States District Court for the Central District of California, lawyers for Tapestry, Inc., which includes brands Coach, Kate…