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.
data
Technology
The Year Ahead: What Product Passports Will Do for Brands
Brands are adopting new technologies that store and share product information to improve authentication, provide transparency and boost consumer trust. However, for “product passports” to truly gain traction, businesses must coalesce around common standards and engage with pilot projects at scale.
The Year Ahead: What Product Passports Will Do for Brands
Brands are adopting new technologies that store and share product information to improve authentication, provide transparency and boost consumer trust. However, for “product passports” to truly gain traction, businesses must coalesce around common standards and engage with pilot projects at scale.
Technology
The Year Ahead: Shoring Up Fashion’s Cyber Defenses
Businesses face more threats than ever of cyber attacks and improper data handling. Fashion players must urgently improve their defenses and make digital security a strategic imperative.
The Year Ahead: Shoring Up Fashion’s Cyber Defenses
Businesses face more threats than ever of cyber attacks and improper data handling. Fashion players must urgently improve their defenses and make digital security a strategic imperative.
Retail
Making Sense of This Year’s Black Friday Sales
Consumers began shopping for gifts earlier than usual this year, leading to a lacklustre Thanksgiving weekend — but likely stronger holiday spending overall.
Making Sense of This Year’s Black Friday Sales
Consumers began shopping for gifts earlier than usual this year, leading to a lacklustre Thanksgiving weekend — but likely stronger holiday spending overall.
Technology
Inside Adidas’ Billion-Dollar Digital Transformation
The German sneaker giant is investing for a new era of tech-enabled retail in a bid to close the gap with Nike.
Inside Adidas’ Billion-Dollar Digital Transformation
The German sneaker giant is investing for a new era of tech-enabled retail in a bid to close the gap with Nike.
Technology
Can Levi’s Turn Regular Employees Into Data Scientists?
Levi’s is aiming to turn employees in roles across the company from AI novices to capable practitioners as it seeks to weave data science throughout its business.
Can Levi’s Turn Regular Employees Into Data Scientists?
Levi’s is aiming to turn employees in roles across the company from AI novices to capable practitioners as it seeks to weave data science throughout its business.
Workplace & Talent
Can Fashion Compete with Tech for Executive Talent?
With some of the industry’s top executives flocking to tech giants like Google and Slack, it’s going to take more than a sleek office and brand cache to bring them back.
Can Fashion Compete with Tech for Executive Talent?
With some of the industry’s top executives flocking to tech giants like Google and Slack, it’s going to take more than a sleek office and brand cache to bring them back.
Retail
Why Price Inflation Is Coming to Fashion
Apparel prices are rising at their fastest pace in years, as the cost of everything from cotton to container shipping soars. BoF lays out how to seize the opportunity to break a decade-long cycle of discounting.
Why Price Inflation Is Coming to Fashion
Apparel prices are rising at their fastest pace in years, as the cost of everything from cotton to container shipping soars. BoF lays out how to seize the opportunity to break a decade-long cycle of discounting.
Retail
Neiman Marcus To Acquire Retail Platform Stylyze
The deal, to be finalised in 2022, is part of a wider digital strategy that includes $500 million in investments over the next three years.
Neiman Marcus To Acquire Retail Platform Stylyze
The deal, to be finalised in 2022, is part of a wider digital strategy that includes $500 million in investments over the next three years.
Technology
New Resale Start-Up Sees Data as the Answer to Courting Luxury Brands
From the creator of shopping app Fancy, the Archivist allows brands to monitor resale activity from 150 platforms that sell preowned fashion.
New Resale Start-Up Sees Data as the Answer to Courting Luxury Brands
From the creator of shopping app Fancy, the Archivist allows brands to monitor resale activity from 150 platforms that sell preowned fashion.
Technology
Where VCs Are Placing Their Bets
Financiers are pouring money into e-commerce businesses at a record rate, anticipating new pandemic-driven opportunities.
Where VCs Are Placing Their Bets
Financiers are pouring money into e-commerce businesses at a record rate, anticipating new pandemic-driven opportunities.
Retail
7 Ways to Make E-Commerce More Profitable
As online sales reached new heights in the pandemic, brands are grappling with new burdens on their bottom lines. From savvy inventory distribution to bundling products, here’s how they can keep costs down.
7 Ways to Make E-Commerce More Profitable
As online sales reached new heights in the pandemic, brands are grappling with new burdens on their bottom lines. From savvy inventory distribution to bundling products, here’s how they can keep costs down.
Technology
5 Tech Tools That Should Be on Every Fashion Executive’s Radar
From dark stores to live shopping, BoF outlines the essential innovations every brand should consider in the pandemic-era retail landscape.
5 Tech Tools That Should Be on Every Fashion Executive’s Radar
From dark stores to live shopping, BoF outlines the essential innovations every brand should consider in the pandemic-era retail landscape.
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.