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 US IPO market is poised to continue a hot streak of recent activity into the coming months.

The US IPO market is poised to continue a hot streak of recent activity into the coming months.

For the first time in a while, kids will be wearing something other than Nikes when they arrive back on campus.

For the first time in a while, kids will be wearing something other than Nikes when they arrive back on campus.

The Trump administration has ended duty-free imports for packages under $800, known as the de minimis exemption, likely leading to higher costs for US consumers as businesses increase prices.

The Trump administration has ended duty-free imports for packages under $800, known as the de minimis exemption, likely leading to higher costs for US consumers as businesses increase prices.

Tariffs were the immediate cause of the Montréal-based company’s decision to file for bankruptcy protection. But insiders tell BoF that the downfall was a long time coming as the online retailer’s formula for appealing to Gen-Z shoppers with indie fashion brands and constant markdowns lost its edge.

Tariffs were the immediate cause of the Montréal-based company’s decision to file for bankruptcy protection. But insiders tell BoF that the downfall was a long time coming as the online retailer’s formula for appealing to Gen-Z shoppers with indie fashion brands and constant markdowns lost its edge.

Changes at the San Francisco-based company’s namesake brand and Old Navy seem to be working, but Banana Republic and Athleta haven’t bounced back as quickly.

Changes at the San Francisco-based company’s namesake brand and Old Navy seem to be working, but Banana Republic and Athleta haven’t bounced back as quickly.

The robust demand in China bodes well for launches in major overseas markets including the US, Thailand and Australia, where the toys will be available online starting Friday morning.

The robust demand in China bodes well for launches in major overseas markets including the US, Thailand and Australia, where the toys will be available online starting Friday morning.

In the last year, TikTok Shop’s sales have ballooned as startups and established labels alike latch onto the platform for sales growth. But sellers will need standout products and content to avoid getting lost in a crowded marketplace.

In the last year, TikTok Shop’s sales have ballooned as startups and established labels alike latch onto the platform for sales growth. But sellers will need standout products and content to avoid getting lost in a crowded marketplace.

The outlook lifted a day after Bloomberg reported the retailer had requested more time from vendors to settle invoices.

The outlook lifted a day after Bloomberg reported the retailer had requested more time from vendors to settle invoices.

The Strandbags-owned company is expanding its global portfolio by scooping up Paravel’s IP, betting on fashion-led branding and new categories to stand out in a crowded luggage market.

The Strandbags-owned company is expanding its global portfolio by scooping up Paravel’s IP, betting on fashion-led branding and new categories to stand out in a crowded luggage market.

One of the celebrity-favourite athleisure brand’s yoga instructors, now in her 40s, alleges she was let go for no longer conforming to the “Alo aesthetic.” Her case hinges on whether influencers like her are employees or private contractors.

One of the celebrity-favourite athleisure brand’s yoga instructors, now in her 40s, alleges she was let go for no longer conforming to the “Alo aesthetic.” Her case hinges on whether influencers like her are employees or private contractors.

The region is starting to tax the flood of cheap stuff from its lopsided trade partner.

The region is starting to tax the flood of cheap stuff from its lopsided trade partner.

American Eagle, Adidas and Swatch are among the companies that have found themselves at the centre of controversies. Crisis management experts explain why this keeps happening, and how brands should respond.

American Eagle, Adidas and Swatch are among the companies that have found themselves at the centre of controversies. Crisis management experts explain why this keeps happening, and how brands should respond.
Saks is moving towards exiting bankruptcy and tapped an additional $300 million of its Chapter 11 financing package.
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.
The European retailer forecast a rise in full-year adjusted operating profit and announced a share buyback, citing the productivity and cost-saving benefits of AI.
The Spanish retailer registered robust sales growth at the start of its current fiscal year in the face of weakening consumer sentiment that’s hitting many of its peers.
The German designer brand reported better-than-expected fourth-quarter results driven by its strategy to close stores and revamp its offerings.
The luxury retailer, which filed for bankruptcy earlier this year, will close more stores as it tries to cut losses and focus on more profitable, higher-end locations.
The brands Gap and Banana Republic beat comparable sales estimates.
Christine Hunsicker admitted she falsified financial statements to promote CaaStle Inc. as a valuable, growing business when in reality it was struggling.