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.
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Latest News & Analysis
Luxury
Luxury’s Post-Pandemic Future
This week, everyone will be talking about LVMH’s post-pandemic outlook at its annual meeting, the start of Ramadan and BoF’s Professional Summit on closing fashion’s sustainability gap.
Luxury’s Post-Pandemic Future
This week, everyone will be talking about LVMH’s post-pandemic outlook at its annual meeting, the start of Ramadan and BoF’s Professional Summit on closing fashion’s sustainability gap.
China
Can China Save Travel Retail in 2020?
The decline in international travel has hit duty free retail hard this year, but sales to domestic travellers in China with nowhere else to go are booming in places like Hainan.
Can China Save Travel Retail in 2020?
The decline in international travel has hit duty free retail hard this year, but sales to domestic travellers in China with nowhere else to go are booming in places like Hainan.
Retail
LA’s Fred Segal Bets on Luxury Recovery Abroad With New Shops
The West Hollywood boutique will open a flagship in Seoul as part of a plan to add as many as 15 new locations in the world’s major urban centres.
LA’s Fred Segal Bets on Luxury Recovery Abroad With New Shops
The West Hollywood boutique will open a flagship in Seoul as part of a plan to add as many as 15 new locations in the world’s major urban centres.
Luxury
What Luxury Can Do About the Tourism Crisis
The luxury business will feel the permanent effects of this unprecedented break in travel. In order to capture lost sales, the industry will need to evolve by rethinking marketing and distribution, from brick-and-mortar flagship stores to e-commerce experiences.
What Luxury Can Do About the Tourism Crisis
The luxury business will feel the permanent effects of this unprecedented break in travel. In order to capture lost sales, the industry will need to evolve by rethinking marketing and distribution, from brick-and-mortar flagship stores to e-commerce experiences.
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Luxury
The BoF Podcast: Rafat Ali on the Month the World Stopped Travelling
In the latest special edition of the BoF Podcast, Rafat Ali, founder and CEO of the travel news site Skift, talks to BoF Editor-in-Chief Imran Amed about the tourism standstill following the outbreak of Covid-19 and its impact on travel retail.
The BoF Podcast: Rafat Ali on the Month the World Stopped Travelling
In the latest special edition of the BoF Podcast, Rafat Ali, founder and CEO of the travel news site Skift, talks to BoF Editor-in-Chief Imran Amed about the tourism standstill following the outbreak of Covid-19 and its impact on travel retail.
China
Travel Retail Is in Trouble. How Bad Will It Get?
As the coronavirus outbreak intensifies, Chinese outbound tourism comes to a standstill and retailers begin to assess the damage to business beyond China.
Travel Retail Is in Trouble. How Bad Will It Get?
As the coronavirus outbreak intensifies, Chinese outbound tourism comes to a standstill and retailers begin to assess the damage to business beyond China.
Retail
Summersalt is the Latest Brand to Cash in on the Travel Trend
The direct-to-consumer brand made waves with its size-inclusive swimwear. Now it wants to sell sweaters and pajamas too.
Summersalt is the Latest Brand to Cash in on the Travel Trend
The direct-to-consumer brand made waves with its size-inclusive swimwear. Now it wants to sell sweaters and pajamas too.
Luxury
Chinese Tourism Boom That Propped Up Luxury Brands Is Faltering
Brands like Kate Spade and Coach are targeting the mainland as China's shoppers stay home.
Chinese Tourism Boom That Propped Up Luxury Brands Is Faltering
Brands like Kate Spade and Coach are targeting the mainland as China's shoppers stay home.
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Fashion Week
The Real Reason Valentino and Dior Men Showed in Japan
Beneath the surface of enthusiasm that fashion creatives harbour for Japan, there is a carefully calculated business rationale for their choice of locale.
The Real Reason Valentino and Dior Men Showed in Japan
Beneath the surface of enthusiasm that fashion creatives harbour for Japan, there is a carefully calculated business rationale for their choice of locale.
News & Analysis
Japanese Cosmetics Makers Dip on China's Customs Checks
China's Pudong Airport has stepped up checks on those bringing in goods purchased overseas, according to a report.
Japanese Cosmetics Makers Dip on China's Customs Checks
China's Pudong Airport has stepped up checks on those bringing in goods purchased overseas, according to a report.
Retail
New Asian Shoppers Drive Japan’s Travel Retail Boom
Big spenders from Indonesia, Thailand and Vietnam are making their mark on Japan’s travel retail market during peak tourist seasons like ‘hanami’ and ‘koyo’.
New Asian Shoppers Drive Japan’s Travel Retail Boom
Big spenders from Indonesia, Thailand and Vietnam are making their mark on Japan’s travel retail market during peak tourist seasons like ‘hanami’ and ‘koyo’.
Luxury
Vacation Dressing in the Instagram Age
Social-media savvy consumers are seeking out Instagramable outfits for travelling, presenting a year-round opportunity for fashion brands and retailers alike.
Vacation Dressing in the Instagram Age
Social-media savvy consumers are seeking out Instagramable outfits for travelling, presenting a year-round opportunity for fashion brands and retailers alike.
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.