Morning Brew - ☕ Don’t call it a comeback—yet

Esprit’s EVP of global commerce and technology.
November 19, 2024

Retail Brew

Hammermill

It’s Tuesday, and Q3 retail earnings from Walmart and Lowe’s dropped this morning, giving industry watchers a chance to look at the back-to-school season one more time before it’s all hands on deck for the holiday season.

In today’s edition:

—Vidhi Choudhary, Andrew Adam Newman, Alex Zank

E-COMMERCE

A piece of nostalgia

Esprit Vivien Killilea/Getty Images

For all the fans out there, the once-beloved fashion brand Esprit’s return to the US, which was set in motion last year, is still a work in progress, a top company executive told Retail Brew.

During Retail Brew’s recent virtual event, Scott Lux, EVP of global commerce and technology at Esprit, said the brand will test the waters with a number of different approaches, including pop-ups, specialty retail, and wholesale.

Last year, the California-native brand hosted pop-ups in New York, Chicago, Los Angeles, and Miami. “It was really to gather as much intelligence about the receptiveness of the brand, the relaunch, if you will. Do people remember Esprit? What’s it like to shop at Esprit?” Lux said.

Keep reading here.—VC

   

Presented By Hammermill

Print your best foot forward

Hammermill

STORES

Tip off

A customer is presented with a tablet with a tip screen. Lechatnoir/Getty Images

The backlash against tipflation, the term for tipping becoming both more widespread and heftier, has been raging for more than two years. In May, we noted that TikTok user @robert_calver posted a video that declared, “If I order standing up, I’m not tipping,” which has been viewed 3.3 million times.

Now a new survey by The Harris Poll on behalf of Paylocity has tackled the topic, asking respondents whether they agreed with the statement, “I will not give a tip if I am standing up while ordering.” More than 3 in 5 (62%) said they would not tip in that circumstance.

Keep reading here.—AAN

   

OPERATIONS

Moving out

Steve madden china move Ablokhin/Getty Images

How difficult is it to change course while shod in a pair of chunky platform heels?

Well, if “change course” involves overhauling supply chains in order to avoid promised tariffs on Chinese goods, footwear designer Steve Madden makes it look easy—putting into motion overnight a plan that was the result of years of planning.

Just two days after the Nov. 5 election in which former President Donald Trump regained the White House, Steve Madden CEO Edward Rosenfeld told investors the company will soon source a good portion of the products it now gets from China from other countries.

“We’ve worked hard over a multiyear period to develop our factory base and our sourcing capability in alternative countries like Cambodia, Vietnam, Mexico, Brazil, etc.,” Rosenfeld said during an earnings call on Nov. 7. “As of yesterday morning, we are putting that plan into motion and you should expect to see the percentage of goods that we source from China to begin to come down more rapidly going forward.”

Keep reading here on CFO Brew.—AZ

   

Together With Guild

Guild

SWAPPING SKUS

Today’s top retail reads.

Zero percent: The maker of Guinness is rolling out a zero-percent alcohol alternative in a play to grow sales in the wake of price hikes. (Reuters)

Looking ahead: Restaurant executives are eagerly anticipating 2025, after a difficult 2024 left a trail of bankruptcies and closures. (CNBC)

Done fishin’: Commercial fishing is on the decline in the US, and Americans are eating slightly less seafood as well. (the Associated Press)

In a jam? Upgrade from standard copy paper with Hammermill® Premium Papers. Its 99.99% Jam-Free Guarantee® gives your work the attention it deserves—without the printing-day stress. Get 20% with code JAMFREE20 through Nov. 30.*

*A message from our sponsor.

JOBS

Stop waiting for your dream job to find you. CollabWORK puts you in front of the right opportunities in the online spaces you frequent. Get discovered by top companies and take control of your career path.

SHARE THE BREW

Share Retail Brew with your coworkers, acquire free Brew swag, and then make new friends as a result of your fresh Brew swag.

We’re saying we’ll give you free stuff and more friends if you share a link. One link.

Your referral count: 2

Click to Share

Or copy & paste your referral link to others:
retailbrew.com/r/?kid=303a04a9

         
ADVERTISE // CAREERS // SHOP // FAQ

Update your email preferences or unsubscribe here.
View our privacy policy here.

Copyright © 2024 Morning Brew. All rights reserved.
22 W 19th St, 4th Floor, New York, NY 10011

Older messages

☕ Spirited away

Tuesday, November 19, 2024

Plus, the rise of news influencers... November 19, 2024 View Online | Sign Up | Shop Morning Brew Presented By Bland.AI Good morning. Bummed it's getting dark out so early? Spare a thought for the

FW: 🎄Too Soon for Mariah? But not Holiday Data!

Monday, November 18, 2024

Join us on November 19th. Hi there, Get ready to unwrap the latest retail insights! Join us tomorrow, November 19th as we dive into 2024's visit trends and reveal predictions to help you ace the

☕ Stacking up

Monday, November 18, 2024

Why some brands—and brand founders—are turning to Substack. November 18, 2024 Marketing Brew Presented By CallRail It's Monday. The Onion said last week that it had acquired conspiracy theorist

☕ Getting personal

Monday, November 18, 2024

Unilever's president of USA and CEO of Personal Care North America. November 18, 2024 Retail Brew Presented By Hammermill It's Monday, and we have, not a trick, but more like a treat for you

☕ A matter of trust

Monday, November 18, 2024

Can we trust AI? November 18, 2024 Tech Brew presented by IBM It's Monday. How do AI tools take a prompt generated by you, a human, and spit out a bit of text or conjure an image? It's…

You Might Also Like

A stark warning about Elon Musk

Friday, February 14, 2025

+ why chocolate prices will keep rising ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

🍿 ‘Rabbit Trap’ Falls Short Of Its Creepy Premise

Friday, February 14, 2025

Plus: Josh Ruben balances love and guts in 'Heart Eyes.' Inverse Daily Dev Patel stars in the atmospheric horror film without much atmosphere or horror. Sundance Film Festival Sundance 2025

Brain Tariffs

Friday, February 14, 2025

The Great Biopic Brain Drain // When Are Tariffs Good? Brain Tariffs By Caroline Crampton • 10 Feb 2025 View in browser View in browser The Great Biopic Brain Drain Callie Petch | Little White Lies |

The legal fight over DOGE's budget cuts.

Friday, February 14, 2025

Plus, how does Tangle decide who's on the right and left? The legal fight over DOGE's budget cuts. Plus, how does Tangle decide who's on the right and left? By Ari Weitzman & Tangle

☕ Diversing gears

Friday, February 14, 2025

DE&I rollbacks and supplier diversity. February 10, 2025 View Online | Sign Up Retail Brew It's Monday, and an excellent day to brush up on your rendition of “Singing in the Rain,” seeing as

💳 X marks the corruption

Friday, February 14, 2025

The billionaire's push to kill the CFPB followed his social media company's deal that might have been scrutinized by the agency. 🔥️‍ Today's Lever Story (full article here and attached

Gift of the Day: Amy Sedaris’s Favorite Flowers

Friday, February 14, 2025

Pink and purple carnations that last a long time. The Strategist Gifts Every product is independently selected by editors. If you buy something through our links, New York may earn an affiliate

☕ Made you look

Friday, February 14, 2025

Marketers took Super Bowl teasers to a new level this year. February 10, 2025 View Online | Sign Up Marketing Brew Presented by The Points Guy It's Monday. If you hit “snooze” on everything,

Ex-Ai2 scientists form stealthy AI startup, with former Ai2 CEO Oren Etzioni

Friday, February 14, 2025

Google Cloud hires Microsoft exec | Mark Cuban asks Bill Gates for input on Luka Dončiċ trade ADVERTISEMENT GeekWire SPONSOR MESSAGE: SEA Airport Is Moving from Now to WOW!: Take a virtual tour of

Tuesday Briefing: Trump’s new tariff fight

Friday, February 14, 2025

Plus, Kendrick Lamar's Super Bowl show. View in browser|nytimes.com Ad Morning Briefing: Asia Pacific Edition February 11, 2025 Author Headshot By Emmett Lindner Good morning. We're covering