Daily Links: March 8, 2019

  1. Off-Priced Retail Giant TJX Co. Made More Money than Kering (Again) Last Year – TJX Companies, the off-price retail group that owns TJ Maxx, Marshalls, and Home Goods, routinely brings in more money than some of fashion’s most sought-after brands and well-known conglomerates, and 2018 was no different. According to its full year earnings report, which was released late last month, Framingham, MA-based TJX Co. saw revenues of $35.9 billion, in its “23rd consecutive year of comparative sales growth.” Read more on TFL
  2. Philadelphia just banned cashless stores. Will other cities follow? – Shop at a trendy, millennial-oriented business like Sweetgreen or Everlane and the odds are pretty high that it won’t let you pay with cash. Instead, you’ll have to pay with credit card, an app, or Apple or Google Pay. Read more on Vox
  3. Kimora Lee Simmons Leissner Is Bringing Back Baby Phat –Baby Phat is back! A very Happy International Women’s day indeed! Kimora Lee Simmons Leissner, designer, model, and entrepreneur celebrated our day by announcing the return of streetwear brand Baby Phat. Leissner broke the news at a UN Women and Gender Innovation Coalition for Change today. According to WWD, Leissner spoke of her personal mission to champion equality and representation for women, especially of women of color. (Can I get a hell yeah?) “That’s always been my message, but it’s never more relevant than it is now,” said Leissner. Read more on Elle
  4. She Takes What You’ve Told Facebook and Sells It to a Luxury Brand – Facebook has been mired in mud for the past year, with its data-sharing and disinformation scandals and the subsequent fallout. But there is a woman in Paris whose job it is to make the platform look as appealing as possible to an industry that is all about beauty and image: Morin Oluwole, the global head of luxury for Facebook and Instagram. Read more on The New York Times

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Romana Hai

Founder, CEO & Editor-in-Chief

Romana Hai started blogging full-time in 2013 . Fashion Ambitions is more than a blog and more-or-less acts as a portfolio containing brands/collaborations and achievements. Although Romana was born and raised in New York, she currently resides in the Financial District of Boston, MA. Romana attended Penn State University and graduated in 2010 with two degrees: Economics from the Smeal College of Business and Telecommunications from the College of Communications. You can reach Romana at romana@fashionambitions.com.

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