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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.

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.

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.

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."

Tiffany Appoints Reed Krakoff as Chief Artistic Officer
Reed Krakoff will join the troubled American jewellery brand in February.

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.

What You May Have Missed
BoF brings you the top seven fashion news and analysis stories of the week.

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.

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.

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.