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.
cyber-monday
Latest News & Analysis
Retail
The Holiday Shopping Season Starts Now. Are Retailers Ready?
This week, everyone will be talking about Black Friday and Cyber Monday, PVH Corp.'s financial results and hunt for another brand to buy, and a new exhibition of vintage fashion at The Metropolitan Museum of Art. Get your BoF Professional Cheat Sheet here.
The Holiday Shopping Season Starts Now. Are Retailers Ready?
This week, everyone will be talking about Black Friday and Cyber Monday, PVH Corp.'s financial results and hunt for another brand to buy, and a new exhibition of vintage fashion at The Metropolitan Museum of Art. Get your BoF Professional Cheat Sheet here.
Retail
UK Shoppers to Shrug off Retail Blues in Pre-Christmas Spree
Online retailers including Asos are banking on a surge in Black Friday sales, as 87 percent of consumers plan to spend more than they did last year.
UK Shoppers to Shrug off Retail Blues in Pre-Christmas Spree
Online retailers including Asos are banking on a surge in Black Friday sales, as 87 percent of consumers plan to spend more than they did last year.
Retail
Cyber Monday Sales Hit Record in Holiday Shopping Blitz
Revenue of $7.9 billion made it the largest online shopping day of all time in the US.
Cyber Monday Sales Hit Record in Holiday Shopping Blitz
Revenue of $7.9 billion made it the largest online shopping day of all time in the US.
Retail
Blockbuster Cyber Monday Is Overshadowed by Economic Outlook
Despite record spending on Cyber Monday, rising interest rates and an escalating trade war mean US retailers are still facing squeezed profit margins.
Blockbuster Cyber Monday Is Overshadowed by Economic Outlook
Despite record spending on Cyber Monday, rising interest rates and an escalating trade war mean US retailers are still facing squeezed profit margins.
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News & Analysis
Online Surge Marks Start of Thanksgiving Sales
Holiday sales this year are set to reach a record $701 billion, led by e-commerce and consumer electronics.
Online Surge Marks Start of Thanksgiving Sales
Holiday sales this year are set to reach a record $701 billion, led by e-commerce and consumer electronics.
News & Analysis
The Art of the Markdown
End-of-season sales offer an opportunity for retailers to offload inventory and drive traffic. But there’s a fine line between discounting and desperation.
The Art of the Markdown
End-of-season sales offer an opportunity for retailers to offload inventory and drive traffic. But there’s a fine line between discounting and desperation.
News & Analysis
Retail Stocks Climb After Strong Start to Holiday Sales
Cyber Monday is expected to drive $6.6 billion in internet sales this year as the biggest US online shopping day on record.
Retail Stocks Climb After Strong Start to Holiday Sales
Cyber Monday is expected to drive $6.6 billion in internet sales this year as the biggest US online shopping day on record.
News & Analysis
Online Sales Boost UK Black Friday as Retail Stores Languish
E-commerce sales were up by 6 percent, while the number of shoppers in stores was down by 3.6 percent.
Online Sales Boost UK Black Friday as Retail Stores Languish
E-commerce sales were up by 6 percent, while the number of shoppers in stores was down by 3.6 percent.
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News & Analysis
US Online Sales Surge, Shoppers Throng Stores on Thanksgiving Evening
Surging online sales and a shift away from store shopping have thinned the crowds typically seen at stores on Thanksgiving evening and Black Friday.
US Online Sales Surge, Shoppers Throng Stores on Thanksgiving Evening
Surging online sales and a shift away from store shopping have thinned the crowds typically seen at stores on Thanksgiving evening and Black Friday.
News & Analysis
Online Retailers Navigate the Cyber Monday Conundrum
Brands don’t want you to wait until after Thanksgiving to start buying. They want you to spend now. In fact, they may be counting on it.
Online Retailers Navigate the Cyber Monday Conundrum
Brands don’t want you to wait until after Thanksgiving to start buying. They want you to spend now. In fact, they may be counting on it.
News & Analysis
Retailers’ Holiday Strategy Doesn’t Have to Be “Discount Everything”
"Retailers should know that there are alternatives to engaging in price-to-price combat."
Retailers’ Holiday Strategy Doesn’t Have to Be “Discount Everything”
"Retailers should know that there are alternatives to engaging in price-to-price combat."
News & Analysis
Cyber Monday Sales Biggest Online Shopping Day in US History
The data compiled by Adobe Digital Insights, easily surpassed prior estimates, and dismissed fears that strong web sales during the Thanksgiving weekend would hurt sales on Cyber Monday.
Cyber Monday Sales Biggest Online Shopping Day in US History
The data compiled by Adobe Digital Insights, easily surpassed prior estimates, and dismissed fears that strong web sales during the Thanksgiving weekend would hurt sales on Cyber Monday.
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.