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Retail

BCBG Max Azria to Close Stores and Restructure as Online Shift Takes Toll

The chain plans to reduce its focus on brick-and-mortar shops, concentrating instead on licensing, e-commerce and selling through other retailers.


Beauty

Revlon Aims for $5 Billion in Sales With Revitalised Brands

The company’s $419 million purchase of the unprofitable Elizabeth Arden was seen as a surprise by investors who speculated Revlon was an acquisition target rather than a buyer.


News & Analysis

J.C. Penney to Open Nike Outlets in More Than 600 Stores

The new Nike outlets will occupy 500 square feet of space within the men's departments and feature an expanded assortment of performance and "athleisure" apparel.


News & Analysis

Tiffany Feels the Trump Effect on 5th Avenue

Tiffany says sales at its store on Manhattan's 5th Avenue tumbled 14 percent in November and December, compared with the same period last year, partly due to "post-election traffic disruptions."


News & Analysis

Tiffany Appoints Reed Krakoff as Chief Artistic Officer

Reed Krakoff will join the troubled American jewellery brand in February.


Technology

EBay Rival Letgo Raises $175 Million to Grow Secondhand Market

Letgo, which has offices in New York and Barcelona, said annual transaction volume will hit $23 billion by the middle of 2017.


News & Analysis

What You May Have Missed

BoF brings you the top seven fashion news and analysis stories of the week.


Marketing

How Co Mastered the Four Ps

Fledgling fashion brand Co used product, price, place and promotion to cut through the noise in a discount-driven, digital-first era.


Retail

Saks Fifth Avenue Owner HBC Plummets After Cutting Forecast

The company now expects sales of C$14.4 billion ($10.9 billion) to C$14.6 billion this fiscal year.


Retail

Michael Kors, Prada Skimp on New Designs in Face of Handbag Woes

Michael Kors Holdings Ltd., Prada SpA, LVMH’s Louis Vuitton and Burberry Group Plc all reduced the number of styles introduced last quarter.