The comfort sneaker brand’s $63-per-share acquisition by the Brazilian private equity firm 3G shocked both the fashion and financial worlds.
The comfort sneaker brand’s $63-per-share acquisition by the Brazilian private equity firm 3G shocked both the fashion and financial worlds.
A gloomy economy probably won’t spoil the Costume Institute’s big party.
A gloomy economy probably won’t spoil the Costume Institute’s big party.
Few words are more overused in fashion, but the ones who do it right foster genuine customer loyalty and extraordinarily high levels of engagement, writes Imran Amed.
Few words are more overused in fashion, but the ones who do it right foster genuine customer loyalty and extraordinarily high levels of engagement, writes Imran Amed.
The shiny new storefront on Amazon Luxury did not distract investors this week from Saks Global’s deteriorating liquidity problem.
The shiny new storefront on Amazon Luxury did not distract investors this week from Saks Global’s deteriorating liquidity problem.
The department store is searching for a permanent CEO replacement after Kohl’s Corp.’s board discovered Ashley Buchanan, who had joined Kohl’s in January, had directed millions of company dollars to his then-undisclosed romantic partner.
The department store is searching for a permanent CEO replacement after Kohl’s Corp.’s board discovered Ashley Buchanan, who had joined Kohl’s in January, had directed millions of company dollars to his then-undisclosed romantic partner.
China’s total e-commerce shipping plunged 65 percent by volume in the first three months of the year, but rose 28 percent in Europe.
China’s total e-commerce shipping plunged 65 percent by volume in the first three months of the year, but rose 28 percent in Europe.
Brands that have not traditionally offered bridalwear are flocking to the category, banking on driving revenue through seamless production crossover and weddings’ ability to drive social media visibility and customer loyalty.
Brands that have not traditionally offered bridalwear are flocking to the category, banking on driving revenue through seamless production crossover and weddings’ ability to drive social media visibility and customer loyalty.
From ‘Tomato Girl’ to ‘Quiet Luxury,’ microtrends once swept social media and helped shape retail strategies but Gen-Z consumers are now craving more substantial and lasting styles.
From ‘Tomato Girl’ to ‘Quiet Luxury,’ microtrends once swept social media and helped shape retail strategies but Gen-Z consumers are now craving more substantial and lasting styles.
Saks Global’s bonds fell after a call with management did little to pressure investors’ concerns about its financial outlook.
Saks Global’s bonds fell after a call with management did little to pressure investors’ concerns about its financial outlook.
Billionaire appears to have been asked to pressure friend to return to China to help pursue out-of-favour official.
Billionaire appears to have been asked to pressure friend to return to China to help pursue out-of-favour official.
Rushemy Botter and Lisi Herrebrugh, the creative duo behind the Carribean-inspired luxury line Botter, will unveil their debut collection for the Dutch raw denim brand in January.
Rushemy Botter and Lisi Herrebrugh, the creative duo behind the Carribean-inspired luxury line Botter, will unveil their debut collection for the Dutch raw denim brand in January.
Indie brands selling pricey, but not too pricey accessories are thriving as more consumers become disillusioned with big luxury.
Indie brands selling pricey, but not too pricey accessories are thriving as more consumers become disillusioned with big luxury.
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.
The underwear company is anticipating net sales of at least $6.85 billion in the current fiscal year, exceeding analyst estimates and marking the highest revenue since its split from L Brands Inc in 2021.