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Global Markets

Is India the Solution to Fashion’s Woes?

India remains one of the most conspicuous growth opportunities for a global luxury market stuck in a rut.


News & Analysis

Saudi Arabia PIF and Alabbar to Launch $1 Billion E-Commerce Firm

Emaar Properties PJSC Chairman Mohamed Alabbar and Saudi Arabia’s Public Investment Fund will each contribute $500 million to an e-commerce venture to tap the Middle East’s fast-growing online retail market.


News & Analysis

Macy's and Kohl's Have Good News on Wage Growth

Both Macy’s Inc. and J.C. Penney Co. reported earnings this week and faced questions about employee wage pressures as staffing levels increase for the holiday months.


News & Analysis

J.C. Penney Cuts Sales Forecast as Turnaround Stumbles

The sales forecast cut highlights the struggle chief executive officer Marvin Ellison’s faces in trying to rebuild J.C. Penney’s standing.


Workplace & Talent

Power Moves | WME IMG Names Co-Presidents, David Schulte Joins The Row

This week, WME IMG appointed Mark Shapiro and Ioris Francini as co-presidents of the company, and David Schulte has been named president at the Row.


News & Analysis

Happy Couples Don't Buy Diamonds Like They Used To

It is still a shaky time for the diamond industry, but the ring market on eBay is up 58 percent in the last five years, and digital jewellery consignment has become more popular.


Technology

Fitbit Plunges on Lower Forecast From Stiffening Competition

Fitbit Inc. lost almost a third of its market value in late trading.


News & Analysis

Kate Spade Tops Third-Quarter Profit Forecasts

Kate Spade & Co. reported third-quarter profit of $29.6 million.


China

Alibaba’s Cloud Arm Set for Centerstage as E-Commerce Plateaus

Taking Amazon.com Inc.’s approach, Alibaba has placed cloud at the heart of its global expansion.


Workplace & Talent

Announcing Al Tayer, Camron, Regent's University London

Check out this week’s new partners and openings on BoF Careers, the global marketplace for fashion talent.