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.

The British retailer plans to look overseas for further growth after bucking a gloomy UK retail sector by boosting annual profit by a quarter.

The British retailer plans to look overseas for further growth after bucking a gloomy UK retail sector by boosting annual profit by a quarter.

Adidas has managed to kick Nike out of the top spot where it really matters: in sales to consumers who play for fun.

Adidas has managed to kick Nike out of the top spot where it really matters: in sales to consumers who play for fun.

The sponsorship stakes are high, with Nike and Adidas jointly selling almost $5 billion worth of soccer gear last year.

The sponsorship stakes are high, with Nike and Adidas jointly selling almost $5 billion worth of soccer gear last year.

Fanatics Inc, which replaced Nike this year as the biggest seller of player merchandise, is planning a global push after a $1 billion investment. But US-style sports merchandise could be a tougher sell abroad.

Fanatics Inc, which replaced Nike this year as the biggest seller of player merchandise, is planning a global push after a $1 billion investment. But US-style sports merchandise could be a tougher sell abroad.

Stefan Olander, Nike’s vice president of digital, tells BoF how the jersey will bring basketball fans closer to the game.

Stefan Olander, Nike’s vice president of digital, tells BoF how the jersey will bring basketball fans closer to the game.

A federal judge has rejected Adidas effort to block Skechers USA Inc from selling athletic sneakers that it said copied its "Springblade" concept.

A federal judge has rejected Adidas effort to block Skechers USA Inc from selling athletic sneakers that it said copied its "Springblade" concept.

Chief executive Kasper Rorsted said his top team was now complete after the departure of two executives who served for years under his predecessor and the appointment of the first woman to the executive board since 1993.

Chief executive Kasper Rorsted said his top team was now complete after the departure of two executives who served for years under his predecessor and the appointment of the first woman to the executive board since 1993.

The world’s second largest sport apparel company said it is focusing on its core brands, having already announced its intention to sell the golf companies by 2016.

The world’s second largest sport apparel company said it is focusing on its core brands, having already announced its intention to sell the golf companies by 2016.

The move is one of latest changes in the sportwear company's senior management since its new chief executive Kaspar Rorsted took over his role in October.

The move is one of latest changes in the sportwear company's senior management since its new chief executive Kaspar Rorsted took over his role in October.

Against a backdrop of job losses and bankruptcies in the rest of Britain’s retail sector, JD has found itself in a sweet spot.

Against a backdrop of job losses and bankruptcies in the rest of Britain’s retail sector, JD has found itself in a sweet spot.

In today's News Bites, SoulCycle reveals its first ever campaign by Trey Laird and Balmain appoints a former Valentino executive as its new CEO.

In today's News Bites, SoulCycle reveals its first ever campaign by Trey Laird and Balmain appoints a former Valentino executive as its new CEO.

The company is likely to increase sales at a double-digit clip for years to come, according to a Barron's report.

The company is likely to increase sales at a double-digit clip for years to come, according to a Barron's report.
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.