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The China Edit | Gucci Quits Anti-Counterfeiting Group, Macau Uptick, Apple Battle
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
Power Moves | McQueen's New CEO, Wang President Leaves for Thom Browne, Facchinetti Leaves Tod's
BoF compiles the most important professional moves of the week.
Why Aéropostale Lost Its Cool
Aéropostale Inc., once a popular mall destination for teens, has filed for Chapter 11 bankruptcy protection, becoming the latest victim in the fast-changing retail landscape.
Alibaba Investors Seek Catalyst to Bolster Shares as China Slows
Alibaba Group Holding Ltd. has more than doubled profit in the span of a year. But you wouldn’t know it from looking at its stock.
Kate Spade Sales Gets Boost from North America Demand
Kate Spade & Co's sales at established stores in the first quarter handily beat analysts' estimates due to higher demand in North America.
Aéropostale Files for Chapter 11 Bankruptcy Protection
Struggling teen apparel retailer Aéropostale Inc has filed for Chapter 11 bankruptcy protection, succumbing to years of losses as shoppers thronged fast fashion retailers and competitors.
Coty Reports First Profit Miss in Seven Quarters
Perfume maker Coty Inc. reported its first profit miss in seven quarters, hurt by higher costs and weak demand for products such as Sally Hansen nail polishes in the United States.
Hong Kong Luxury Migrating to Macau Along With Chinese Tourists
Macau, home to the world’s biggest gambling center, is trying to diversify its image by welcoming luxury-brand shoppers.
Alibaba Affiliate Ant Financial Closes $4.5Bn Funding Round
Alibaba Group Holding Ltd's affiliate Ant Financial Services Group has closed a $4.5 billion funding round, paving the way for a long-expected IPO.
Few Signs of Relief for Troubled US Apparel Retailers
Analysts expect several months of falling or barely-growing revenues from Gap, American Eagle Outfitters and other US mall mainstays.