Shared from Business of Fashion KEY INSIGHTS Hainan has cemented itself as an important domestic shopping hub over the pandemic thanks to duty-free retail and diverse tourist attractions. A change in regulations by 2025 will […]
Shared from Business of Fashion Selfridges’ sale for a lofty $5.4 billion suggests there is still life in the department store model. But how to grow in a shrinking category? Images and Article from Business […]
Shared from Business of Fashion CoverGirl parent Coty Inc posted quarterly revenue below estimates on Tuesday, as stringent Covid-19 curbs in some markets hurt demand for its high-end cosmetics and perfumes. Sales in Coty’s prestige […]
Shared from Business of Fashion Kim Kardashian West and Coty Inc. — which acquired a 20 percent stake in her KKW Beauty brand in June 2020 in a $200 million deal — are gearing up […]
Shared from Business of Fashion To subscribe to the BoF Podcast, please follow this link. Everybody is born into a script they didn’t write themselves, according to Janaya Future Khan. But activists like Khan seek […]
Shared from Business of Fashion This year, Balenciaga proved that building hype doesn’t have to come at the expense of timelessness — a common misconception, especially in fashion. Chunky dad sneakers and sweatshirts emblazoned with […]
Shared from Business of Fashion During VOICES 2019, performance artist and designer Alok Vaid-Menon urged the fashion industry to ‘de-gender’ itself and reframe its definition of beauty. At this year’s edition of VOICES, BoF’s first […]
Shared from Business of Fashion Spanish fashion retailer Tendam is considering launching an initial public offering in Madrid in a deal that would value the company at €2 billion ($2.28 billion), newspaper Cinco Dias reported […]
Shared from Business of Fashion Long one of Russia’s top sellers of mid-priced shoes, the company was unable to make necessary shifts to keep up with online demand and suffered from both falling foot traffic […]
Shared from Business of Fashion The Hong Kong-based real estate group saw double-digit gains in retail revenue across its mainland China properties, according to a fourth quarter operating report released Friday. Its two Beijing malls, […]
Shared from Business of Fashion Judi Henderson-Townsend has dedicated her entire career to eliminating waste in the fashion industry. But rather than keeping garments from landfills, she’s recycling what’s underneath the clothes. Through her company, […]
Shared from Business of Fashion Christie’s luxury sales more than doubled last year, growing 153 percent to $980 million. Hermès continues to dominate the market for fashion auctions, including Christie’s world-record sale of a Himalaya […]
Shared from Business of Fashion With over five decades of creative and cultural heritage to build upon, Gap Inc. — the parent company to American brands Old Navy, Gap, Banana Republic and Athleta — is […]
Shared from Business of Fashion Africa’s largest clothing retailer has acquired a majority stake in Brazilian retailer Grupo Avenida. The transaction, which came into effect on Feb. 4, is expected to be worth around 3.5 […]
Shared from Business of Fashion Paul Andrew, the British-born, New York-based designer most recently known as the creative director of Salvatore Ferragamo, is relaunching his namesake brand this autumn in stores, with images set to […]
Shared from Business of Fashion Paris Fashion Week organising body FHCM released its provisional calendar Monday for the fall-winter womenswear shows set to run from Feb. 28 to Mar. 8. New additions to the schedule include shows […]
Shared from Business of Fashion Apparel sales for the at-home fitness company jumped to over $100 million in 2021, according to CNBC, but Peloton is now expecting its fitness apparel sales to slow. As demand […]
Shared from Business of Fashion Peloton Interactive Inc’s shares jumped 22 percent premarket on Monday after reports of takeover interest from Amazon.com Inc and Nike Inc in the exercise bike maker that recently lost a […]
Shared from Business of Fashion LONDON, United Kingdom — Last year, the global fashion industry produced 114 billion pieces of clothing. Americans consume more than 20 billion garments per year, or 64 items per person […]
Shared from Business of Fashion Flexport’s valuation more than doubled to $8 billion on Monday after a funding round led by venture capital firms Andreessen Horowitz and MSD Partners, as logistics companies attract investors amid […]