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 […]
Shared from Business of Fashion Italian luxury group Dolce & Gabbana has set up a new company to directly manage the development, production and sale of its perfumes and cosmetics, chief executive Alfonso Dolce said […]
Shared from Business of Fashion The e-tailer reported sales turnover of 844 billion roubles ($11 billion) for the year. In 2021′s fourth quarter, sales on the platform amounted to 304.8 billion roubles ($4 billion), a […]
Shared from Business of Fashion KEY INSIGHTS: Chinese sales associates often go the extra mile and are key to brands hitting increasingly ambitious sales targets, but many feel under pressure. Employees considering a job change […]
Shared from Business of Fashion The Indian fashion retail giant will set up a new entity to acquire and incubate digital-first fashion, beauty and lifestyle brands, according to regulatory filings. In essence, this marks the […]
Shared from Business of Fashion The former head of content at Dazed Media will become the second ever editor-in-chief at GQ Middle East when he takes the helm on Mar. 7. Adam Baidawi, GQ Middle […]
Shared from Business of Fashion This week, BoF hand-selects the most exciting opportunities from over 300 companies and more than 4,100 live jobs on the BoF Careers platform. Creative Lead Image Retoucher, Burberry — London, […]
Shared from Business of Fashion The luxury fashion platform said in a filing to the Australian Stock Exchange that it has inked a deal to enter mainland China in partnership with e-commerce giant JD.com. Cettire […]
Shared from Business of Fashion KEY INSIGHTS: More shoppers are looking to redesign jewellery they already own or have inherited, and are willing to spend as much as $15,000 if it means giving new life […]