Tag: clothing

Poshmark to be bought by South Korean internet company Naver in $1.2 billion deal

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Online secondhand-fashion marketplace Poshmark Inc. has agreed to be bought by South Korean internet company Naver in a $1.2 billion deal, the companies announced Monday, a move that executives said would help both brands expand internationally.

Shares of Poshmark
POSH,
-0.64%
jumped 11.8% in after-hours trading on the news.

Under the terms of the deal, Naver
035420,
-8.79%
will acquire Poshmark’s outstanding shares for $17.90 in cash, representing a 15% upside to Poshmark’s Monday closing price of $15.57. The transaction is set to close by the first quarter of next year, pending Poshmark shareholders’ approval.

Poshmark went public in late 2020, pricing shares at $42 a share, and ended its first day of trading at more than $100 a share, but has never approached those heights again. It last traded for more than the acquisition price Naver has agreed to pay late last year.

For more: Five things to know about Poshmark

In a statement, executives from both companies talked up the potential to combine Naver’s array of search, e-commerce, AI and social-media technology with Poshmark’s social and shopping platforms. Poshmark, the companies said, would also embark on a bigger international expansion strategy, including into other markets in Asia, in the “medium-term.”

They also talked about the potential for the combined company to save around $30 million annually within two years after the deal’s closing through “rationalization of public company costs” and higher operating leverage, along with the potential for more than 20% yearly sales growth by harnessing Naver’s advertising resources.

Naver, which runs large search and e-commerce platforms, said the move would broaden its e-commerce platform, bring younger users into the company’s fold and allow it to “capitalize on the global online fashion re-commerce and sustainable economy opportunity.”

“Naver’s leading technology in search, AI recommendation and e-commerce tools will help power the next phase of Poshmark’s global growth,” Choi Soo-Yeon, Naver’s chief executive, said in a statement, which also said that Naver hosted a large number of digital content creators in Korea.

Naver owns companies like Wattpad, a social-media platform, and runs Webtoon, a site for digital comics, along with a metaverse platform called Zepeto, and also has joint ownership of an internet service group in Japan. Naver said its online community in Korea consists of more than 36 million monthly users, who use its search engine and other services.

Poshmark Chief Executive Manish Chandra said the deal would also give Poshmark opportunities to grow.

“Longer term, as part of Naver, we will benefit from their financial resources, significant technology capabilities, and leading presence across Asia to expand our platform, elevate our product and user experiences, and enter new and large markets,” he said in the statement.

Naver said the acquisition would also help give it a bigger foothold in the U.S. And it said the deal would allow it to broaden the appeal of so-called live-stream shopping.

“Live-stream shopping is a key driver of e-commerce in China and Korea (and increasingly in the U.S.) today, allowing shoppers to buy products in real-time through live video broadcasts, enabling greater insights and more clarity around purchasing decisions,” the statement said.

Once the deal closes, Poshmark will be a standalone subsidiary of Naver, with the same management team, brand and headquarters in Redwood City, Calif., the companies revealed.

At the close of Monday’s trading, shares of Poshmark were down around 9% year-to-date. The S&P 500 index
SPX,
+2.59%,
by comparison, has slid 23% over that time.

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October 3, 2022

These 20 stocks in the S&P 500 tumbled between 20% and 30% in September

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Stocks declined again on Friday, closing out September with large losses across the board as the rally from the June lows partway through August faded into memory.

The S&P 500
SPX,
-1.51%
fell 1.5% on Friday. The benchmark index slumped 9.3% for September, leading to a 2022 loss of 24.8%. The Dow Jones Industrial Average
DJIA,
-1.71%
gave up 1.7% on Friday, for a September decline of 8.8%. The Dow has now fallen 20.9% for 2022. The Nasdaq Composite Index
COMP,
-1.51%
pulled back 1.5% on Friday for a September drop of 10.5% and a year-to-date plunge of 32.4%. (All price changes in this article exclude dividends.)

Below is a list of stocks in the S&P 500 that fell the most during September.

It was the worst September performance for U.S. stocks since 2008, according to Dow Jones Market Data. William Watts looked back to see what poor performance during September may portend for October.

Real estate leads the sector bloodbath

All sectors of the S&P 500 were down during September, including five that fell by double digits:

S&P 500 sector	Sept. 30 price change	September price change	2022 price change
Real Estate	1.0%	-13.6%	-30.4%
Communication Services	-1.7%	-12.2%	-39.4%
Information Technology	-1.9%	-12.0%	-31.9%
Utilities	-2.0%	-11.5%	-8.6%
Industrials	-1.3%	-10.6%	-21.7%
Energy	-0.9%	-9.7%	30.7%
Materials	-0.3%	-9.6%	-24.9%
Consumer Staples	-1.8%	-8.3%	-13.5%
Consumer Discretionary	-1.8%	-8.1%	-30.3%
Financials	-1.1%	-7.9%	-22.4%
Health Care	-1.4%	-2.7%	-14.1%
S&P 500	-1.5%	-9.3%	-24.8%
Source: FactSet

Worst performers in the S&P 500 in September

Company	Ticker	Sept. 30 price change	September price change	2022 price change	Decline from 52-week intraday high	Date of 52-week intraday high
FedEx Corp.	FDX, -2.52%	-2.5%	-29.6%	-42.6%	-44.4%	01/05/2022
V.F. Corp.	VFC, -2.73%	-2.7%	-27.8%	-59.2%	-62.1%	11/16/2021
Lumen Technologies Inc.	LUMN, -1.36%	-1.4%	-26.9%	-42.0%	-49.8%	11/05/2021
Ford Motor Co.	F, -2.35%	-2.4%	-26.5%	-46.1%	-56.7%	01/13/2022
Charter Communications Inc. Class A	CHTR, -2.96%	-3.0%	-26.5%	-53.5%	-59.8%	10/07/2021
Adobe Inc.	ADBE, -1.10%	-1.1%	-26.3%	-51.5%	-60.7%	11/22/2021
Carnival Corp.	CCL, -23.25%	-23.3%	-25.7%	-65.1%	-73.5%	10/01/2021
CarMax Inc.	KMX, +1.32%	1.3%	-25.4%	-49.3%	-57.7%	11/08/2021
Advanced Micro Devices Inc.	AMD, -1.22%	-1.2%	-25.3%	-56.0%	-61.5%	11/30/2021
Caesars Entertainment Inc.	CZR, -0.49%	-0.5%	-25.2%	-65.5%	-73.1%	10/01/2021
Boeing Co.	BA, -3.39%	-3.4%	-24.4%	-39.9%	-48.2%	11/15/2021
WestRock Co.	WRK, -1.56%	-1.6%	-23.9%	-30.4%	-43.6%	05/05/2022
International Paper Co.	IP, -1.22%	-1.2%	-23.8%	-32.5%	-44.0%	10/13/2021
Western Digital Corp.	WDC, +1.15%	1.1%	-23.0%	-50.1%	-53.1%	01/05/2022
Newell Brands Inc.	NWL, -0.57%	-0.6%	-22.2%	-36.4%	-47.5%	02/16/2022
Eastman Chemical Co.	EMN, +0.34%	0.3%	-21.9%	-41.2%	-45.1%	01/19/2022
Nike Inc. Class B	NKE, -12.81%	-12.8%	-21.9%	-50.1%	-53.6%	11/05/2021
Seagate Technology Holdings PLC	STX, -2.11%	-2.1%	-20.5%	-52.9%	-54.8%	01/05/2022
PVH Corp.	PVH, -3.55%	-3.6%	-20.4%	-58.0%	-64.3%	11/05/2021
Dish Network Corp. Class A	DISH, -2.19%	-2.2%	-20.3%	-57.4%	-70.1%	10/04/2021
Source: FactSet

Click on the tickers for more about each company, including developments that led to their share-price declines.

Click here for Tomi Kilgore’s detailed guide to the wealth of information for free on the MarketWatch quote page.

FedEx Corp.
FDX,
-2.52%
tops the list because of investors’ harsh reaction to the company’s sales and profit warning on Sept. 16. Claudia Assis and Greg Robb explained the implications of FedEx’s warning for the broad economy.

Shares of Carnival Corp.
CCL,
-23.25%
fell 23% on Friday (for a September decline of 26%) after the cruise giant again reported sales and earnings below what analysts had expected, even though it reported increasing its capacity usage to 92%.

Nike Inc.
NKE,
-12.81%
was down 13% on Friday for a September decline of 22%, after the company warned that discounting to clear inventory would continue to affect its earnings performance. Here’s how analysts reacted.

Adobe Inc.
ADBE,
-1.10%
made the list because of investors’ doubt about its dilutive $20 billion deal to acquire Figma.

The bulk of CarMax’s
KMX,
+1.32%
drop for the month came on Sept. 29, after the used-car dealer missed sales and earnings estimates and indicated that consumers were beginning to resist high prices.

Don’t miss: Dividend yields on preferred stocks have soared. This is how to pick the best ones for your portfolio.

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September 30, 2022

1 in 5 of Americans don’t know about new omicron-targeting COVID boosters, survey finds

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About half of the American public has heard little or nothing about the new COVID-19 bivalent booster, a new survey by the Kaiser Family Foundation has found. The new booster targets the omicron variants that have become dominant around the world.

One in five of those surveyed said they had heard “nothing at all” about the new boosters. Some 17% said they had heard “a lot” about the boosters, while 33% said they had heard “some” about the new shots. About a third said they’d already gotten the new booster or intended to do so as soon as possible.

“Intention is somewhat higher among older adults, one of the groups most at risk for serious complications of a coronavirus infection,” the authors wrote. “Almost half (45%) of adults ages 65 and older say they have gotten the bivalent booster or intend to get it ‘as soon as possible.’”

Source: Kaiser Family Foundation

The news will likely disappoint health experts who cheered the regulatory authorization of the new boosters in August. The U.S. Food and Drug Administration granted emergency-use authorization to boosters developed by Moderna
MRNA,
+1.36%
and by Pfizer
PFE,
-0.07%
and German partner BioNTech
BNTX,
+1.53%
for use in people aged 12 and older who have had an initial series of a COVID vaccine, including those who have already had one or more booster doses.

The Centers for Disease Control and Prevention is recommending that all adults get one of the bivalent boosters at least two months after completing a primary series of shots. So far, some 7.6 million people in the U.S. have received it, according to the CDC.

From the CDC: Stay Up to Date with COVID-19 Vaccines Including Boosters

Once again, the country’s partisan divide is evident, with 6 in 10 Democrats saying they’ve already had the shot or will get it soon, compared with 1 in 8 Republicans.

“Notably, 20% of Republicans say they will ‘definitely not’ get the new COVID-19 booster dose, while a further 38% of Republicans are unvaccinated or only partially vaccinated and therefore not eligible for the new updated COVID-19 booster dose,” the survey authors said.

Also read: A common virus is putting more children in the hospital than in recent years

In the U.S., known cases of COVID are continuing to ease and now stand at their lowest level since late April, although the true tally is likely higher given how many people are testing at home, where data are not being collected.

The daily average for new cases stood at 47,569 on Thursday, according to a New York Times tracker, down 26% from two weeks ago and now at the lowest level since late April. Cases are rising in 14 states and are sharply higher in several. Montana leads the count with a 75% rise in the last two weeks, followed by Washington with a 48% rise. Cases are up by double digits in Rhode Island, New York, Massachusetts, New Hampshire, Vermont and New Jersey.

The daily average for hospitalizations was down 13% to 28,639, while the daily average for deaths was down 11% to 407.

The new bivalent vaccine might be the first step in developing annual COVID shots, which could follow a similar process to the one used to update flu vaccines every year. Here’s what that process looks like, and why applying it to COVID could be challenging. Illustration: Ryan Trefes

Coronavirus Update: MarketWatch’s daily roundup has been curating and reporting all the latest developments every weekday since the coronavirus pandemic began

Other COVID-19 news you should know about:

• The U.K. is the only G-7 country whose economy is smaller now than before the pandemic, the Guardian reported, citing data released Friday by the Office for National Statistics. The ONS released figures showing that rather than the economy being 0.6% larger than it was in February 2020, a combination of a deeper recession during the pandemic and a weak recovery had left it 0.2% smaller. All the other major economies in the G-7, including France and Italy, recovered strongly enough to be larger than they were in February 2020.

• Taiwan is the latest country to end mandatory COVID quarantines for people arriving from overseas, the Associated Press reported. Officials said that beginning Oct. 13, the previous weeklong quarantine requirement would be replaced with a seven-day self-monitoring period. A rapid antigen test will still be required upon arrival, but people showing no symptoms will be allowed to take public transportation.

• Germany’s health ministry is warning of a rise of COVID cases heading into the fall and is urging older people in particular to get a second booster shot, the AP reported separately. Other European countries such as France, Denmark and the Netherlands are also recording an increase in cases, German Health Minister Karl Lauterbach told reporters in Berlin. “We are clearly at the start of a winter wave,” he said.

COVID-19 lockdowns, corruption crackdowns and more have put China’s economy on a potential crash course with the U.S. and the rest of the world, the Wall Street Journal’s Dion Rabouin explains. Illustration: David Fang

• The first Chinese mRNA-based COVID vaccine has received government approval — in Indonesia, the New York Times reported. The shot, developed by Walvax Biotechnology
300142,
+0.49%,
Suzhou Abogen Biosciences and the Chinese military, was cleared this week by Indonesia for emergency use. Countries all over the world, including Indonesia, have embraced mRNA vaccines, and they are considered among the most effective vaccines that the world has to offer. But more than two years into the pandemic, they are not yet available in China, which has relied on an increasingly draconian “zero-COVID” approach to keep cases and deaths from the virus low.

• Patriarch Kirill of Moscow, the head of the Russian Orthodox Church and a supporter of Russia’s war on Ukraine, has tested positive for COVID-19, the church’s press service said on Friday, Reuters reported. The church said Kirill, 75, a close ally of Russian President Vladimir Putin, had canceled all his planned trips and events and had “severe symptoms” requiring bed rest and isolation. It said his condition was “satisfactory.”

Here’s what the numbers say:

The global tally of confirmed cases of COVID-19 topped 617.3 million on Friday, while the death toll rose above 6.54 million, according to data aggregated by Johns Hopkins University.

The U.S. leads the world with 96.3 million cases and 1,059,291 fatalities.

The Centers for Disease Control and Prevention’s tracker shows that 225.3 million people living in the U.S., equal to 67.9% of the total population, are fully vaccinated, meaning they have had their primary shots. Just 109.9 million have had a booster, equal to 48.8% of the vaccinated population, and 23.9 million of those who are eligible for a second booster have had one, equal to 36.6% of those who received a first booster.

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September 30, 2022
Nike stock drops 10% as execs predict cheaper clothing for at least the rest of the year

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Shares of Nike Inc. plunged as much as 10% after hours Thursday, after the athletic-gear giant’s executives said price-cutting efforts to flush off-season clothing from warehouses in North America would dent gross margins for the rest of its fiscal year and warned of a big potential hit from the stronger dollar.

Management also said they expected their rivals to keep cutting prices through at least the end of the calendar year, as they try to clear their own stockpiles. But the Nike executives said inventory levels in North America likely “peaked” in its first quarter, which ended on Aug. 31, and expected levels to even out — with newer, seasonally-aligned, in-demand product — in the months ahead as it prepares for the holiday rush.

“We’re taking decisive action to clear excess inventory, focusing on specific pockets of seasonally late product, predominantly in apparel,” Chief Financial Officer Matthew Friend said on Nike’s earnings call.

He added that he expected the moves to have a “transitory impact” on gross margins for the year.

The lopsided inventory levels, which grew 44% during Nike’s third quarter, followed factory closures last year in Asia, where most of its footwear is made, that led to late product deliveries, Friend said.

But those late deliveries are now getting mixed in with holiday-season deliveries that are set to arrive earlier than planned. The earlier arrivals, executives said, were a function of earlier ordering — due to the shipping delays that have characterized the past year —and then a sudden, more recent improvement in those shipping times.

And as the U.S. dollar strengthens, Friend said he expected the full-year negative impact of foreign exchange on reported sales and earnings before interest and taxes to be $4 billion and $900 million, respectively.

Still, executives said inventory management in China was “ahead of plan” as it recalibrates supply and navigates COVID-19 related restrictions there. And they said that consumer demand was still strong, despite rising prices. Friend and CEO John Donahoe both repeated that Nike remained customers’ “No. 1 cool” and “No. 1 favorite” brand.

Donahoe said shoes like the Air Max Scorpion — which offered the “most air ever, in terms of pound per square inch” — reflected Nike’s commitment to innovation. The company’s Travis Scott and LeBron 20 sneakers also remained popular, executives said. The back-to-school season, and demand for its Jordan and Converse sneakers, were also solid.

As for fiscal first-quarter financials, Nike reported net income of $1.5 billion, or 93 cents a share, compared with $1.9 billion, or $1.16 a share, in the year-earlier period. Sales came in at $12.7 billion, compared with $12.2 billion a year ago.

Analysts polled by FactSet expected earnings of 92 cents a share on sales of $12.28 billion. Shares of Nike
NKE,
-3.41%
were last down 9.3% after hours, but fell more than 10% at one point after the close.

Prior to the report, analysts following Nike had zeroed in on the impact of the stronger U.S. dollar, the impact of China’s COVID lockdowns, as well as the effects from bigger discounts to sell shoes and other gear that sat around for too long due to backups in the company’s supply chain. The back-to-school season, and competition with the likes of Adidas AG
ADDYY,
-5.21%
were also points of focus for Wall Street.

Gross margins fell to 44.3% from 46.5% during the quarter. Nike executives said the decrease “was primarily driven by North America, which took measures to liquidate excess inventory through Nike Direct markdowns and wholesale marketplace actions.”

Inventory for Nike stood at $9.7 billion, a 44% increase from the year-earlier period, due to what executives described as “ongoing supply-chain volatility, partially offset by strong consumer demand during the quarter.”

Nike, in June, said it expected “higher promotional activity” in the first quarter, as it tries to sell seasonal items that arrived late, following the factory closures last year in Asia. However, for the full year ahead, management at that time said it was planning for “mid-single-digit price increases.”

Executives also said then that they were planning to expand sales that go directly to consumers, via its own stores and online. The company over the years has been trying to rely less on retail chains like Foot Locker Inc.
FL,
-6.36%
for sales.

Shares of Nike have fallen 43% so far this year. By comparison, the S&P 500 index
SPX,
-2.11%
is down around 24% over that time.

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September 29, 2022
Parenting 101: Products you need for National Breastfeeding Month

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This month is National Breastfeeding month and Babies”R”Us Canada wants to help you celebrate with all the essentials you need. They carry a great selection of breastfeeding essentials, so you can feel comfortable and confident breastfeeding anywhere you go.

Baby Sitter – The Nursing Pillow To Grow On | Babies R Us Canada

The Baby Sitter is ideal for Nursing, Feeding, Sitting and Playing! Use as a Nursing Cushion to help prop a newborn to make feeding easy and comfortable or as a Support Pillow to safely support infants while learning to sit up. It’s ideal for both rest & play!

Evenflo Deluxe Advanced Double Electric Breast Pump – R Exclusive | Babies R Us Canada

Designed with leading lactation professionals, the new Advanced Double Electric Breast Pump includes premium features, at a price that doesn’t break the bank. This full-time use pump will help maximize your milk output, is comfortable and gentle on your breasts, and is quiet and portable, so you can discreetly pump anywhere.

Lansinoh Disposable Nursing Pads – 100 Pack | Babies R Us Canada

Lansinoh Disposable Nursing Pads, 100-Count features:Breastfeed with confidence.Lansinoh Disposable Nursing Pads are designed to offer discreet and comfortable protection both day and night. A unique breathable waterproof layer keeps clothing protected. Our quilted honeycomb lining wicks moisture away from your body to protect your nipples.

Medela Purelan Lanolin Cream 37g | Babies R Us Canada

Purelan is a single-ingredient, 100% natural lanolin cream formulated to provide relief for sore nipples and dry skin. Made with ultra-pure medical-grade lanolin, Purelan is highly effective and safe for nursing moms and babies – with no need to remove before feeding. Purelan is dermatologically tested, hypoallergenic and suitable for sensitive skin.

SwaddleMe Easy Change 3PK Swaddle | Babies R Us Canada

The SwaddleMe® Easy Change™ Swaddle is an easy-to-use wrap swaddle that creates a snug, womb-like feeling for baby, with a zipper along the bottom hem for convenient diaper changes. Simply position the adjustable wings around your little one and press on the hook-and-loop closures to secure. The Easy Change zipper allows you to open the bottom of the swaddle without unwrapping your little one or disturbing their sleep. The cozy fit of this newborn swaddle helps prevent the startle reflex that can wake baby, but the hip-healthy design leaves plenty of room for them to move.

– Jennifer Cox

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August 10, 2022
Supermom In Training: 5 Must-have things for your family roadtrip

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We’ve got quite a few roadtrips planned this summer, and it’s always a challenge to keep my bean occupied and distracted during the long stretches of driving. While I’ll admit I definitely load up the laptop/tablet with movies and shows (for those reeeeally extended treks), I don’t like to only resort to technology. So I’ve found that some careful planning by way of toys, activities, books and more makes going “on the road again” a lot more enjoyable.

LeapFrog LeapStart. LeapStart is an interactive learning system that gets kids excited about counting, learning to read, problem solving and more through fun, replayable activities. The magic behind LeapStart is a stylus that reads invisible dots on every page, triggering questions, challenges, songs, jokes and more. This kept my bean occupied all the way to a cabin in upstate New York (that’s four hours, people). We can’t wait to try out the hundreds of books that can be incorporated into our system.

Where’s Waldo? Games on the Go! To be quite honest, I may have gotten this for my bean but I played it just as much as my son. Finding that sneaky Waldo is super addicting, and definitely helps to pass the time. This awesome format contains classic “Where’s Waldo?” challenges as well as spot-the-difference activities, matching exercises, quizzes, doodles, mazes, brainteasers, and more.

The Travel Activity Book. It’s got it all: Doodles to draw, puzzles to solve, games to play, and stickers to find. What we love about it is that it has illustrations and photography for lots of visual fun, and it also highlight facts and information about real destinations and monuments, so littles can discover life and culture around the world. Learn about cultural norms, such as why it is considered polite to remove your hat at the dinner table or in which country you shouldn’t eat everything on your plate! There’s also a page of stickers included, which is always a hit with my bean.

Kandoo wipes make roadtrips cleaner and less stressful. I always have them on-hand when we travel (and in the car… and in my purse). They’re flushable and super gentle on sensitive skin, not to mention compact. Eating meals and snacking on-the-go can make for a sticky mess, so tuck these into the pockets on the backs of the seats, in your child’s travel bag, etc.

Skiphop backpack. The bean has the adorable Hudson Hedgehog backpack, and he takes on every trip we go on. It’s a perfect little bag, with both a small compartment and a larger one, ideal to tuck next to him in the backseat of the car. It even has a mesh side pocket for his water bottle.

A full-time work-from-home mom, Jennifer Cox (our “Supermom in Training”) loves dabbling in healthy cooking, craft projects, family outings, and more, sharing with readers everything she knows about being an (almost) superhero mommy.

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July 5, 2022
Austin Pets Alive! | APA! Thrift Stores
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Jun 29, 2022

APA! Thrift is a boutique-style shop – now with three locations – that sells high-quality new and gently used items for very low prices. In addition to the incredible deals on amazing finds, all net proceeds directly support the innovative lifesaving programs and animals of Austin Pets Alive!.

You can find amazing deals while saving lives! Donate your new and gently used items. Attend one of our fun-filled in-store events! Volunteer at both our three locations. As a bonus, if you’re an APA! foster, you’ll receive 20% off (discount does not apply to any APA! retail store or to APA! logo merchandise)!

What can I donate?

Donation Hours: Sunday: 12–6 PM, Monday-Thursday: 12-6 PM, and Friday–Saturday: 11 AM–6 PM

APA! Thrift welcomes your quality new and gently used items for sale in our stores. Austin Pets Alive! is a 501c3 non-profit organization, and all donations are eligible for a tax-deductible receipt.

Unsellable donations must be disposed of at a high cost to the store, thus taking time and money away from the shelter. We respectfully request that donations are clean, in good condition (free of stains and holes), from a smoke-free environment, and are included on the below list of acceptable donations.

Our locations have limited storage space, and we are regrettably unable to accept all items for donation. Please see the below lists of items we can accept and cannot accept.

ACCEPTABLE:
- Designer, Vintage, and all Clothing (Adult Womens & Mens, new/gently used)
- Pet items: new/gently used. Donations for Shelter (towels, sheets, unopened food, litter) can be made directly to the shelter at 1156 W Cesar Chavez St.
- Jewelry
- Purses + Handbags
- Shoes
- Books
- Home Decor
- Collectibles & Memorabilia
- Artwork
- Musical Instruments
- Records
- Laptops, Tablets in working condition
- Gaming Systems, Video Games in working condition
- Flat Screen TVs in working condition
- Furniture – please call the store before dropping off due to space restrictions
NOT ACCEPTABLE:
- Broken on non-working electronics, appliances, household goods
- Beds, used mattresses, large furniture
- Used underwear
- Damaged clothing
- Used Bed Pillows
- Used Blankets, Sheets & Towels
- Used Shower Curtains & Window Curtains, Rods + Shades
- Used Strollers & Cribs, Baby items
- Magazines
- VCRs & Tube TVs
- Desktop Computers
- Printers & Shredders
- VHS Tapes
- Plastic Water Bottles
- Plastic Tupperware
To learn more about our three locations, click here! Thank you for helping us save lives by shopping and donating!
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June 29, 2022
Luxury Fashion Retailer elysewalker Launches E-Commerce Site

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Press Release
–

Jan 18, 2022

LOS ANGELES, January 18, 2022 (Newswire.com)
–
Since opening the first brick-and-mortar location in 1999, elysewalker has become one of the most sought-after purveyors of premium curated apparel, jewelry and accessories — with a focus on head-to-toe styling, guided discovery and true personalization. With the launch of the new e-commerce platform, the company will expand on its loyal following and welcome a broader national audience to the unique elysewalker experience.

“As I looked at what was out there in the luxury online world, I had an overwhelming sense of product overload and ‘personalization’ technologies that feel anything but. The elysewalker customer appreciates a more simplified and intimate approach, which has made us such a destination over the last 22+ years,” explains founder, owner and CEO Elyse Walker.

Since its inception, the complimentary styling program at elysewalker has delivered personalized, elevated, fashion-forward looks directly to the client, building deep and loyal client relationships as a result.

To bring its successful personal styling services to life in the digital arena, elysewalker has developed exclusive technology that enables clients to connect online with one of its elysewalker stylists. Once connected, the client receives custom-created, shoppable digital look books based on their preferences and previous purchases.

elysewalker commissioned Hugo & Marie, a New York-based independent artist management firm and agency, for the creative design and development of the site — taking the personal, in-store elysewalker experience and translating that for an online audience. In keeping with the brand’s mission of championing young female talent, elysewalker selected New York-based photographer Sophie Elgort to capture the editorial launch campaign. Shot in downtown Los Angeles amongst iconic landmarks and buildings, the concept of the campaign was to capture the energy of the city while elevating the everyday experience, featuring human connections, natural interactions, and genuine moments.

With a conversational tone of voice and bold color palette, the new elysewalker.com evokes a distinct and differentiated point of view. Woven throughout the site are personal “Love Notes” from the stylists to convey a unique experience that mimics the energy of shopping in an elysewalker store. The platform will initially focus on the U.S., with plans to expand strategically to key international markets in the future.

The carefully curated catalogue of designers speaks to the strong relationships that elysewalker has forged since its inception. This is echoed in the design and voice of the site, creating a platform for new and emerging talent while still championing their signature, heritage pillar brands. At a time when best-in-class brands aspire to transcend product to be a trusted resource, create signature experiences and build a community — elysewalker continues to reinforce these elements as the foundation of the brand, and as the key to its success.

About elysewalker:

Founded in 1999, elysewalker is one of the most sought-after purveyors of premium curated apparel, jewelry and accessories. Since 1999, the company has grown its footprint to include four brick-and-mortar elysewalker stores in Pacific Palisades, Newport Beach, Calabasas and Saint Helena, California, as well as three towne by elysewalker stores in Pacific Palisades, Newport Beach, and Bel Air, California, and now a new ecommerce site. From heritage to new and emerging brands, the company specializes in personal styling and unparalleled service. For more information, visit www.elysewalker.com.

Link to download images

*Photo credit: Sophie Elgort

PRESS CONTACT:
Alexandra Lippin
elysewalker
310.230.8882 ext 1020
alex@elysewalker.com

Source: elysewalker

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January 18, 2022

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