Bondholders Approve Saks Global’s Five-Year Business Plan
Saks is moving towards exiting bankruptcy and tapped an additional $300 million of its Chapter 11 financing package.
New Zealand
Global Markets
New Zealand Luxury Retailers Primed for Early Border Reopening
The return of tourists will bolster what has proven to be a more resilient than expected local luxury market attracting the likes of Burberry and Balenciaga during the pandemic.
New Zealand Luxury Retailers Primed for Early Border Reopening
The return of tourists will bolster what has proven to be a more resilient than expected local luxury market attracting the likes of Burberry and Balenciaga during the pandemic.
Retail
Designer Karen Walker on Shedding Excess and Renewing Purpose
BoF’s Tim Blanks speaks to New Zealand-based designer Karen Walker about how Covid-19 has changed her business.
Designer Karen Walker on Shedding Excess and Renewing Purpose
BoF’s Tim Blanks speaks to New Zealand-based designer Karen Walker about how Covid-19 has changed her business.
Retail
New Zealand Unit of Topshop Placed in Receivership
The fate of Topshop's two New Zealand stores is uncertain, merely two years after the brand arrived in the country.
New Zealand Unit of Topshop Placed in Receivership
The fate of Topshop's two New Zealand stores is uncertain, merely two years after the brand arrived in the country.
News & Analysis
Karen Walker Says Collaboration is the Key to Growth
AUCKLAND, New Zealand — Launched in 1989 with two t-shirts and the paltry sum of NZ$100 (about $78), Karen Walker — often called the designer for
Karen Walker Says Collaboration is the Key to Growth
AUCKLAND, New Zealand — Launched in 1989 with two t-shirts and the paltry sum of NZ$100 (about $78), Karen Walker — often called the designer for
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The News in Brief
Luxury Stocks Face Most Bearish Sentiment in Years, UBS Says
War in the Middle East, the luxury industry’s fastest-growing market, threatens to delay a long-expected rebound in demand.
Trump Signs Order to Combat Fraudulent ‘Made in America’ Labels, White House Says
The executive order directs the FTC chairman to prioritise enforcement of existing laws against sellers and manufacturers who falsely claim products are made in America.
Lanvin Deputy CEO Siddhartha Shukla Exits Brand
Owner Lanvin Group said it is ‘fully committed’ to the French label’s development under creative director Peter Copping, with CEO Andy Lew in charge of management.
Ulta Beauty Forecasts Annual Profit Below Estimates
Shares declined in after-hours trading as the beauty retailer expressed a cautious outlook for 2026.
Exclusive: Brita Invests in Shower Filter Firm Hello Klean
The German water filtration firm has acquired a minority stake in Hello Klean, which sells shower heads it claims mitigate the effects of hard water.
AII Launches Industry-First Tool Standardising Measurement of Carbon Emissions
The new tool published by the climate-focused nonprofit aims to create a standardised benchmark across textile facilities to accelerate fashion’s efforts to decarbonise.
Marco De Vincenzo Exits Etro
The creative director’s departure after four years was a decision of ‘mutual agreement’ according to the Italian label.