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.

Having stepped down as chairman and threatened a boardroom fight in 2013, Chip Wilson's right to designate a board nominee has been terminated.

Having stepped down as chairman and threatened a boardroom fight in 2013, Chip Wilson's right to designate a board nominee has been terminated.

The yoga pants maker also expects to more than double the size of its revenue from the business segment by 2023.

The yoga pants maker also expects to more than double the size of its revenue from the business segment by 2023.

The British sportswear chain has weathered the retail storm thanks to its international footprint.

The British sportswear chain has weathered the retail storm thanks to its international footprint.

Denim has been fighting with leggings and “athleisure” for its share of the casual clothing market.

Denim has been fighting with leggings and “athleisure” for its share of the casual clothing market.

Gap has posted just one quarterly sales gain in five years. That’s in stark contrast to Athleta, a women's workout-wear emporium acquired in 2008 that's been consistently called a “growth engine.”

Gap has posted just one quarterly sales gain in five years. That’s in stark contrast to Athleta, a women's workout-wear emporium acquired in 2008 that's been consistently called a “growth engine.”

The fitness clothing brand launched two years ago with British retail tycoon Philip Green, who has faced allegations of sexual harassment.

The fitness clothing brand launched two years ago with British retail tycoon Philip Green, who has faced allegations of sexual harassment.

What was once a simple stretchy legging has become an engineering marvel. Not too surprising, though, when about $48 billion is being spent on this activewear in the US every year.

What was once a simple stretchy legging has become an engineering marvel. Not too surprising, though, when about $48 billion is being spent on this activewear in the US every year.

Chip Wilson is considering re-joining the company's board, which he left in 2015 after repeatedly clashing with the company’s leadership and criticising its shift from the entrepreneurial roots he laid down.

Chip Wilson is considering re-joining the company's board, which he left in 2015 after repeatedly clashing with the company’s leadership and criticising its shift from the entrepreneurial roots he laid down.

Prada co-CEO Patrizio Bertelli speaks exclusively to BoF about the relaunch of the sportif line. The move is all but sure to resonate with fans, but a full recovery is far from guaranteed.

Prada co-CEO Patrizio Bertelli speaks exclusively to BoF about the relaunch of the sportif line. The move is all but sure to resonate with fans, but a full recovery is far from guaranteed.

This week, everyone will be talking about what Serena Williams and Roger Federer are wearing on and off the court at the US Open, the health of shopping malls and the stores inside them. Read our BoF Professional Cheat Sheet.

This week, everyone will be talking about what Serena Williams and Roger Federer are wearing on and off the court at the US Open, the health of shopping malls and the stores inside them. Read our BoF Professional Cheat Sheet.

North American sales grew for the first time in a year, helping drive revenue at the athleticwear maker that topped analysts’ estimates and sending shares up by 7.4 percent.

North American sales grew for the first time in a year, helping drive revenue at the athleticwear maker that topped analysts’ estimates and sending shares up by 7.4 percent.

McDonald joins from LVMH's cosmetics retailer Sephora, where he was head of the Americas region.

McDonald joins from LVMH's cosmetics retailer Sephora, where he was head of the Americas region.
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.
The creative director’s departure after four years was a decision of ‘mutual agreement’ according to the Italian label.