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.
brexit
News & Analysis
Will Luxury's Winning Streak Continue?
This week, everyone will be talking about quarterly results from LVMH, Kering and Moncler, Instagram's experiment with hiding 'likes,' and how the UK's new leader will change the Brexit outlook. Read our BoF Professional Cheat Sheet.
Will Luxury's Winning Streak Continue?
This week, everyone will be talking about quarterly results from LVMH, Kering and Moncler, Instagram's experiment with hiding 'likes,' and how the UK's new leader will change the Brexit outlook. Read our BoF Professional Cheat Sheet.
Retail
UK Retail Sales Surge as Consumers Defy Brexit Turmoil
The resilience of consumers in the face of Brexit uncertainty is largely being supported by the labour market, where pay growth is picking up, employment is at a record high and the jobless rate is the lowest its been since the 1970s.
UK Retail Sales Surge as Consumers Defy Brexit Turmoil
The resilience of consumers in the face of Brexit uncertainty is largely being supported by the labour market, where pay growth is picking up, employment is at a record high and the jobless rate is the lowest its been since the 1970s.
Luxury
Luxury Expecting a Strong 2019
With many 2018 results falling short of forecasts, brands are coupling optimism for the year ahead with new retail strategies, in an attempt to maintain growth trajectories.
Luxury Expecting a Strong 2019
With many 2018 results falling short of forecasts, brands are coupling optimism for the year ahead with new retail strategies, in an attempt to maintain growth trajectories.
News & Analysis
Brexit at the Cliff Edge: What Fashion Needs to Know
March 29th was meant to be the day the UK left the European Union. Instead, the Brexit drama is far from over and global fashion brands operating in the country face a prolonged period of uncertainty.
Brexit at the Cliff Edge: What Fashion Needs to Know
March 29th was meant to be the day the UK left the European Union. Instead, the Brexit drama is far from over and global fashion brands operating in the country face a prolonged period of uncertainty.
Retail
The Week Ahead: UK Faces Brexit Crunch Time. Again.
This week, everyone will be talking about Brexit, Galeries Lafayette's opening against the backdrop of the Yellow Vest protests in Paris and H&M's latest earnings report. Read our BoF Professional Cheat Sheet.
The Week Ahead: UK Faces Brexit Crunch Time. Again.
This week, everyone will be talking about Brexit, Galeries Lafayette's opening against the backdrop of the Yellow Vest protests in Paris and H&M's latest earnings report. Read our BoF Professional Cheat Sheet.
Luxury
Britain's Luxury Sector Warns of £6.8 Billion Loss From No-Deal Brexit
About 80 percent of Britain's luxury goods go overseas, and Europe is its largest market.
Britain's Luxury Sector Warns of £6.8 Billion Loss From No-Deal Brexit
About 80 percent of Britain's luxury goods go overseas, and Europe is its largest market.
Retail
The Week Ahead: Who Will Survive the Retail Apocalypse?
This week, everyone will be talking about the accelerating pace of store closures, opening day for the Shops at Hudson Yards and Brexit's surprising upside for some retailers. Read our BoF Professional Cheat Sheet.
The Week Ahead: Who Will Survive the Retail Apocalypse?
This week, everyone will be talking about the accelerating pace of store closures, opening day for the Shops at Hudson Yards and Brexit's surprising upside for some retailers. Read our BoF Professional Cheat Sheet.
Luxury
Fashion Prepares for Brexit Disaster
Thursday's debate left Britain in Brexit gridlock. While no deal may yet be averted, fashion giants from Kering to Burberry have started planning for worst-case scenarios.
Fashion Prepares for Brexit Disaster
Thursday's debate left Britain in Brexit gridlock. While no deal may yet be averted, fashion giants from Kering to Burberry have started planning for worst-case scenarios.
Fashion Week
Kering Looks to Put Gucci's Rocky Month Behind It
This week, everyone will be talking about how Kering will address its various Gucci-related controversies, London Fashion Week kicking off with yet another Brexit vote and Frieze Los Angeles joining a crowded fashion calendar. Read our BoF Professional Cheat Sheet.
Kering Looks to Put Gucci's Rocky Month Behind It
This week, everyone will be talking about how Kering will address its various Gucci-related controversies, London Fashion Week kicking off with yet another Brexit vote and Frieze Los Angeles joining a crowded fashion calendar. Read our BoF Professional Cheat Sheet.
Beauty
L'Oréal Hoards Cosmetics in Britain as Brexit Looms
While the company stated that a no-deal Brexit would not have a major impact on sales, it is bulking up stocks in the United Kingdom, where it no longer has a manufacturing base.
L'Oréal Hoards Cosmetics in Britain as Brexit Looms
While the company stated that a no-deal Brexit would not have a major impact on sales, it is bulking up stocks in the United Kingdom, where it no longer has a manufacturing base.
News & Analysis
Burberry Says Would Pay a High Price for No-Deal Brexit
The British luxury brand said it would cost tens of millions of pounds in tariffs and severely disrupt its supply chain.
Burberry Says Would Pay a High Price for No-Deal Brexit
The British luxury brand said it would cost tens of millions of pounds in tariffs and severely disrupt its supply chain.
News & Analysis
British Fashion Council Lends Support to Second Referendum After Brexit Deal Flops
UK fashion sector fears disruptions to key imports and losing access to international talent if the UK fails to reach a deal to soften the country's exit from the European Union.
British Fashion Council Lends Support to Second Referendum After Brexit Deal Flops
UK fashion sector fears disruptions to key imports and losing access to international talent if the UK fails to reach a deal to soften the country's exit from the European Union.
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.