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Marzotto Family Backs Hugo Boss’s New CEO by Increasing Stake
Italy’s Marzotto family increased its stake in Hugo Boss, showing confidence that new chief executive officer Mark Langer can turn around the struggling German clothier.
Under Armour Plans $500 Million Bond Debut
The sportswear company that outfits Stephen Curry, Tom Brady and Notre Dame athletics is preparing its debut bond offering as a global hunt for yield pushes borrowing costs for investment-grade corporates to their lowest in more than a year.
Amazon Targets India Growth With $3 Billion Investment Boost
Amazon.com Inc. will invest $3 billion more to build its business in India, stepping up its bet that the country will become a major online-shopping market that will fuel sales growth.
Gucci Targets €6 Billion in Revenue, as Turnaround Gathers Pace
Marco Bizzarri's ambition to lift Gucci revenue to €6 billion is on track, with revenue on course to top €4 billion for the first time this year.
Robots Are the New Low-Wage Seamstresses
The plummeting cost of industrial robots and the electronic cameras used for machine vision mean that serious automation is coming to even the cheapest sewn products.
Johnson & Johnson to Buy Hair Care Products Maker Vogue for $3.3B
Johnson & Johnson will acquire Vogue International for $3.3 billion, adding brands such as OGX shampoos to a portfolio that includes Neutrogena and Clean & Clear.
Michael Kors Rises After Forecast Exceeds Analysts’ Projections
Michael Kors released early summer products — including some that aren't available at other retailers — to bring customers into its stores.
Will LVMH Change Loro Piana's Commitment to Ultra Luxury?
This year could bring an end to the Loro Piana family’s involvement in the business, which was acquired by LVMH in 2013.
China Bets on Duty-Free Paradise to Keep Luxury Spenders at Home
China's efforts to lift local consumption and spur domestic tourism have spawned a duty-free paradise on the southern island of Hainan.
What You May Have Missed This Week
BoF brings you the top seven fashion news and analysis stories of the week.