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Inside Worldz: ‘It’s Like a Harvard for Culture’
The inaugural event drew a cast of characters from pro-skater Tony Hawk to executives from Calvin Klein, LVMH and Lululemon.
Shopify Jumps After Raising Revenue Forecast, Beating Estimates
Shopify bumped up its annual revenue forecast for the second time this year, sending the shares up the most in almost six months.
Falling Tourism Prompts Kate Spade Forecast Cut
A dearth of tourists to the US — put off visiting by the strong dollar — has slowed foot traffic, forcing the company to mark down merchandise.
Op-Ed | Don't Underestimate the Americas Opportunity
In a climate of global uncertainty, luxury brands should consider revisiting the US and reviewing Latin American markets for growth opportunities, argues Charlotte Keesing.
Uniqlo ‘Revival’ Seen as Lower Prices Lift Sales
Fast Retailing bucked the broader slump in Japanese stocks, as warm weather and a shift to lowering prices boosted domestic sales at Uniqlo.
Baidu and Tencent Pull Out of $3 Billion Shopping Mall Venture
The $3 billion venture, with one of China’s richest men, was launched barely two years ago, with the ambition of revolutionising mall shopping.
Op-Ed | A Survival Guide to a Volatile World
Fashion is vulnerable to global instability but businesses can manage and mitigate volatility with a smart, long-term strategy, argue Achim Berg and Leonie Brantberg.
Etsy Soars 17 Percent After Citigroup Recommends Stock
Etsy rose the most in a year after Citigroup recommended the stock with a target price of $14 a share, saying the e-commerce company has developed a strong brand for its quirky products.
Investcorp Says Abu Dhabi’s Mubadala to Acquire 20 Percent Stake
Abu Dhabi sovereign investment fund Mubadala Development Co. will acquire a 20 percent stake in alternative investment firm Investcorp Bank BSC, which has backed companies including Tiffany & Co. and Gucci Ltd. under founder Nemir Kirdar.
BoF Exclusive | The Second Coming of Thakoon
Designer Thakoon Panichgul, president Lucy Yi and investor Vivian Chou lay out the ‘designer fashion now’ strategy for the next iteration of Thakoon.