The decision caused shares in the company to plunge as much as 17 percent in early trading.
The decision caused shares in the company to plunge as much as 17 percent in early trading.
The deal gives HSN an enterprise value of $2.6 billion and will help Liberty develop its e-commerce and mobile shopping platforms.
The deal gives HSN an enterprise value of $2.6 billion and will help Liberty develop its e-commerce and mobile shopping platforms.
After 19 years of ownership, Richemont has sold Shanghai Tang for an undisclosed sum to Italian entrepreneur Alessandro Bastagli.
After 19 years of ownership, Richemont has sold Shanghai Tang for an undisclosed sum to Italian entrepreneur Alessandro Bastagli.
"Bonobos and Walmart have totally different values. Will Bonobos founder Andy Dunn be able to help change Walmart's image? He's not sure."
"Bonobos and Walmart have totally different values. Will Bonobos founder Andy Dunn be able to help change Walmart's image? He's not sure."
"The retailer’s $14 billion bet isn’t just about the future of food. It’s about the future of commerce—especially for rich urban consumers."
"The retailer’s $14 billion bet isn’t just about the future of food. It’s about the future of commerce—especially for rich urban consumers."
Amazon and Wal-Mart's acquisitions make it clear that the lines that divided traditional retail from e-commerce are disappearing.
Amazon and Wal-Mart's acquisitions make it clear that the lines that divided traditional retail from e-commerce are disappearing.
Walmart’s Marc Lore and Andy Dunn of Bonobos tell BoF why they believe the big-box retailer’s $310 million acquisition of the digital-first menswear brand will propel both companies forward.
Walmart’s Marc Lore and Andy Dunn of Bonobos tell BoF why they believe the big-box retailer’s $310 million acquisition of the digital-first menswear brand will propel both companies forward.
In today's News Bites, Esteban Cortazar gives cult Paris boutique Colette a Colombian spin, while Renzo Rosso's Red Circle Investments acquires a minority stake in eyewear brand RetroSuperFuture.
In today's News Bites, Esteban Cortazar gives cult Paris boutique Colette a Colombian spin, while Renzo Rosso's Red Circle Investments acquires a minority stake in eyewear brand RetroSuperFuture.
Marquee has partnered with Global Brands Group, a spin-off of global exporter Li & Fung Ltd, which already has a licensing agreement for some of BCBG's brands, sources said.
Marquee has partnered with Global Brands Group, a spin-off of global exporter Li & Fung Ltd, which already has a licensing agreement for some of BCBG's brands, sources said.
Private equity firm Investindustrial has invited the investment vehicle of Alibaba founder Jack Ma to join a consortium offering to buy The Body Shop for more than €800 million, sources have said.
Private equity firm Investindustrial has invited the investment vehicle of Alibaba founder Jack Ma to join a consortium offering to buy The Body Shop for more than €800 million, sources have said.
The struggling teen retailer reported a loss of nearly $62 million in its first quarter. Earlier this month, it confirmed it was in talks with several parties about a potential deal.
The struggling teen retailer reported a loss of nearly $62 million in its first quarter. Earlier this month, it confirmed it was in talks with several parties about a potential deal.
The teen clothing retailer confirmed it was in talks with interested buyers, adding it was in preliminary discussions with several parties about a potential transaction.
The teen clothing retailer confirmed it was in talks with interested buyers, adding it was in preliminary discussions with several parties about a potential transaction.
Kering’s newly created jewellery division regroups Boucheron, Pomellato, Dodo and Qeelin brands as the company aims to pool resources. The conglomerate is also regrouping fashion brand reporting, shielding smaller labels from investor scrutiny.
Saks is moving towards exiting bankruptcy and tapped an additional $300 million of its Chapter 11 financing package.
War in the Middle East, the luxury industry’s fastest-growing market, threatens to delay a long-expected rebound in demand.
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.
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.
Shares declined in after-hours trading as the beauty retailer expressed a cautious outlook for 2026.
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.
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.