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.
Retail
Analysis and advice from the front lines of the retail transformation.
What’s Next for Hip-Hop and Fashion
Hip-hop fueled an explosion of brands, collaborations and merchandise, but with fashion saturated with partnerships and rapper-led labels, and signs emerging that hip-hop’s cultural power could be waning, artists and their partners are finding ways to stand out.
What’s Next for Hip-Hop and Fashion
Hip-hop fueled an explosion of brands, collaborations and merchandise, but with fashion saturated with partnerships and rapper-led labels, and signs emerging that hip-hop’s cultural power could be waning, artists and their partners are finding ways to stand out.
This Week, Gap Proves Its Staying Power
Gap’s earnings this week will present a clearer picture of how well Richard Dickson’s attempts to bring Gap back in the fashion conversation is sticking with consumers.
This Week, Gap Proves Its Staying Power
Gap’s earnings this week will present a clearer picture of how well Richard Dickson’s attempts to bring Gap back in the fashion conversation is sticking with consumers.
Alibaba Results Underscore Anaemic China Market Growth
The e-commerce giant’s domestic division which includes Tmall and Taobao eked out just 1 percent sales growth in Q2 but its international division which encompasses Lazada and AliExpress saw revenue expand by 35 percent.
Alibaba Results Underscore Anaemic China Market Growth
The e-commerce giant’s domestic division which includes Tmall and Taobao eked out just 1 percent sales growth in Q2 but its international division which encompasses Lazada and AliExpress saw revenue expand by 35 percent.
Tapestry and Capri Call Off Their Merger
The $8.5 billion deal is off after the US Federal Trade Commission successfully blocked it in court. In announcing the termination, the Coach-owner said it would buy back stock, while Capri outlined a turnaround plan that includes closing some Michael Kors stores.
Tapestry and Capri Call Off Their Merger
The $8.5 billion deal is off after the US Federal Trade Commission successfully blocked it in court. In announcing the termination, the Coach-owner said it would buy back stock, while Capri outlined a turnaround plan that includes closing some Michael Kors stores.
Julie Bornstein Unveils the ‘ChatGPT of Shopping’ at BoF VOICES 2024
In the first public demonstration of her new AI shopping platform, Daydream, the fashion e-commerce veteran outlined her vision of how generative AI will transform product search and discovery.
Julie Bornstein Unveils the ‘ChatGPT of Shopping’ at BoF VOICES 2024
In the first public demonstration of her new AI shopping platform, Daydream, the fashion e-commerce veteran outlined her vision of how generative AI will transform product search and discovery.
Starmer Plans to Leave Scrutiny of Shein IPO to UK Regulator
The UK government plans to defer scrutiny of Shein’s potential London stock listing to the Financial Conduct Authority, avoiding a deeper examination of the Chinese retailer’s labour practices despite calls from some Labour MPs to strengthen protections.
Starmer Plans to Leave Scrutiny of Shein IPO to UK Regulator
The UK government plans to defer scrutiny of Shein’s potential London stock listing to the Financial Conduct Authority, avoiding a deeper examination of the Chinese retailer’s labour practices despite calls from some Labour MPs to strengthen protections.
Exclusive: H&M to Collaborate with Glenn Martens
The buzzy Belgian designer known for his work at Y/Project and Diesel will create a collection for the Swedish fast-fashion giant, CEO Daniel Ervér and Martens revealed at BoF VOICES 2024. The move is part of a wider push to reassert H&M’s fashion credentials.
Exclusive: H&M to Collaborate with Glenn Martens
The buzzy Belgian designer known for his work at Y/Project and Diesel will create a collection for the Swedish fast-fashion giant, CEO Daniel Ervér and Martens revealed at BoF VOICES 2024. The move is part of a wider push to reassert H&M’s fashion credentials.
Why Weirdness Is Selling in Men’s Denim
Young, fashion-forward men are buying up jeans with bold graphic prints, distinctive embellishments and extremely baggy silhouettes, creating opportunities for niche denim labels and mass retailers alike.
Why Weirdness Is Selling in Men’s Denim
Young, fashion-forward men are buying up jeans with bold graphic prints, distinctive embellishments and extremely baggy silhouettes, creating opportunities for niche denim labels and mass retailers alike.
How to Lower Prices Without Hurting Your Brand
With fashion’s pricing power reaching its limit, brands are grappling with how to cut prices without damaging their reputation or value.
How to Lower Prices Without Hurting Your Brand
With fashion’s pricing power reaching its limit, brands are grappling with how to cut prices without damaging their reputation or value.
How Lululemon’s $150 Yoga Pants Became Surprise Hit in Slowing China
While other Western brands are fading, the Canadian yoga wear maker can’t expand fast enough on the mainland.
How Lululemon’s $150 Yoga Pants Became Surprise Hit in Slowing China
While other Western brands are fading, the Canadian yoga wear maker can’t expand fast enough on the mainland.
Fashion’s Big Opportunity in Reselling the Unsellable
Software platforms that help fashion brands turn slightly damaged returned goods into new sales are taking off as more companies look to transform online returns from a persistent dilemma into a source for profitable growth.
Fashion’s Big Opportunity in Reselling the Unsellable
Software platforms that help fashion brands turn slightly damaged returned goods into new sales are taking off as more companies look to transform online returns from a persistent dilemma into a source for profitable growth.
StockX CEO Scott Cutler to Step Down
He’ll be replaced in January by co-founder, president and current COO Greg Schwartz, BoF has learned. The leadership change occurs amid turbulent market conditions in sneaker resale.
StockX CEO Scott Cutler to Step Down
He’ll be replaced in January by co-founder, president and current COO Greg Schwartz, BoF has learned. The leadership change occurs amid turbulent market conditions in sneaker resale.
THE NEWS IN BRIEF
US SEC Preparing to Eliminate Quarterly Reporting Requirement, WSJ Says
The proposal would give companies the option to share results twice a year.
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.
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.
Zalando Forecasts 2026 Profit Jump Driven by AI Boost
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.
Zara-Owner Inditex Shows Resilience With Strong Start to Its Year
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.
Hugo Boss Profit, Sales Beat Estimates Amid Turnaround Effort
The German designer brand reported better-than-expected fourth-quarter results driven by its strategy to close stores and revamp its offerings.
Saks Global to Shut 15 More Stores as Part of Restructuring
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.