Lululemon Sees Annual Revenue, Profit Below Estimates Amid Board, Demand Challenges
CEO Calvin McDonald stepped down in December following months of share price weakness and lack of design freshness.
leadership
Beauty
Sephora North America Names Artemis Patrick as President, CEO Jean-André Rougeot to Retire
The French beauty retailer announced Thursday that Jean-André Rougeot, Sephora North America’s chief executive and president, will retire in April 2024.
Sephora North America Names Artemis Patrick as President, CEO Jean-André Rougeot to Retire
The French beauty retailer announced Thursday that Jean-André Rougeot, Sephora North America’s chief executive and president, will retire in April 2024.
Workplace & Talent
Inside the Transformation of Retail Careers
The latest BoF Careers’ white paper delves into how retailers can reimagine staffing practices to unlock growth, increase retention and improve the perception of retail careers as in-store talent becomes more critical than ever to success.
Inside the Transformation of Retail Careers
The latest BoF Careers’ white paper delves into how retailers can reimagine staffing practices to unlock growth, increase retention and improve the perception of retail careers as in-store talent becomes more critical than ever to success.
Luxury
Sarah Burton Is Departing Alexander McQueen
Burton, founder Lee McQueen’s right hand before taking over the creative director role after his death in 2010, became one of the industry’s most respected designers in her own right.
Sarah Burton Is Departing Alexander McQueen
Burton, founder Lee McQueen’s right hand before taking over the creative director role after his death in 2010, became one of the industry’s most respected designers in her own right.
Luxury
Prada Names New Chief People Officer Rosa Santamaria, Completing Executive Recast
Prada Group has revamped its executive ranks as it seeks to fuel growth and ease the transition to the next generation.
Prada Names New Chief People Officer Rosa Santamaria, Completing Executive Recast
Prada Group has revamped its executive ranks as it seeks to fuel growth and ease the transition to the next generation.
Retail
Theory Taps Chloé Executive as New Europe CEO
Theory, the New York-based contemporary fashion brand owned by Japanese conglomerate Fast Retailing, has appointed Marco Gentile to be its new chief executive officer for the UK and Europe.
Theory Taps Chloé Executive as New Europe CEO
Theory, the New York-based contemporary fashion brand owned by Japanese conglomerate Fast Retailing, has appointed Marco Gentile to be its new chief executive officer for the UK and Europe.
Workplace & Talent
How to Keep Employees Happy After a Merger
The value of a newly acquired brand can plummet if the people who made it a creative and commercial force rush for the exits as soon as the deal closes.
How to Keep Employees Happy After a Merger
The value of a newly acquired brand can plummet if the people who made it a creative and commercial force rush for the exits as soon as the deal closes.
Retail
Is Gap’s CEO ‘Kenough’ for Investors Seeking a Turnaround?
The apparel company is betting its new CEO, Richard Dickson, can emulate the success he found at Mattel.
Is Gap’s CEO ‘Kenough’ for Investors Seeking a Turnaround?
The apparel company is betting its new CEO, Richard Dickson, can emulate the success he found at Mattel.
Beauty
The BoF Podcast | Why Entrepreneurial Success Is About More Than a Big Exit
When Ben Gorham of Byredo and Monique Rodriguez of Mielle Organics sold the businesses they spent years building, the financial milestone was just the culmination of more meaningful professional journeys that began with a clear sense of purpose.
The BoF Podcast | Why Entrepreneurial Success Is About More Than a Big Exit
When Ben Gorham of Byredo and Monique Rodriguez of Mielle Organics sold the businesses they spent years building, the financial milestone was just the culmination of more meaningful professional journeys that began with a clear sense of purpose.
Direct-to-Consumer
The BoF Podcast | Allbirds’ Tim Brown on Learning to Lead With Resilience
The co-founder and chief innovation officer of the Nasdaq-listed sneaker brand reflects on how his time as a professional footballer prepared him to lead a business through the highs and the lows.
The BoF Podcast | Allbirds’ Tim Brown on Learning to Lead With Resilience
The co-founder and chief innovation officer of the Nasdaq-listed sneaker brand reflects on how his time as a professional footballer prepared him to lead a business through the highs and the lows.
Retail
Five Key Questions on Kering and Mayhoola’s Valentino Deal
The French group will pay €1.7 billion for 30 percent of the Italian couture house as the first step in a broader partnership with owner Mayhoola. What will the deal mean for Kering, Valentino, Mayhoola and the wider fashion landscape?
Five Key Questions on Kering and Mayhoola’s Valentino Deal
The French group will pay €1.7 billion for 30 percent of the Italian couture house as the first step in a broader partnership with owner Mayhoola. What will the deal mean for Kering, Valentino, Mayhoola and the wider fashion landscape?
Luxury
The BoF Podcast | Francesca Bellettini on Managing Creativity, Customers and the Bottom Line
Kering’s new deputy CEO of brand development shares her luxury brand management playbook in this archive interview with Imran Amed from BoF VOICES 2018.
The BoF Podcast | Francesca Bellettini on Managing Creativity, Customers and the Bottom Line
Kering’s new deputy CEO of brand development shares her luxury brand management playbook in this archive interview with Imran Amed from BoF VOICES 2018.
Retail
Can Gap Be Barbie-fied?
Gap’s new CEO is regarded as the architect behind Barbie’s sensational comeback. Can he replicate the playbook to save a $15 billion fashion empire?
Can Gap Be Barbie-fied?
Gap’s new CEO is regarded as the architect behind Barbie’s sensational comeback. Can he replicate the playbook to save a $15 billion fashion empire?
The News in Brief
Puig Announces New CEO
Jose Manuel Albesa will succeed Marc Puig, becoming the first non-family member to lead the Spanish conglomerate in more than 20 years.
Spandex Maker Lycra Files for Bankruptcy After Years of Stress
The company has been hampered with disruptions to supply chains, elevated inflation, growing competition from low-cost manufacturers and trade tariffs.
US SEC Preparing to Eliminate Quarterly Reporting Requirement, WSJ Says
The proposal would give companies the option to share results twice a year.
Kering Unveils New Jewellery Unit, Merges Fashion Brand Reporting
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.
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.
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.