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Thai Retailers Gear up for $50 Billion Government Stimulus
Thailand is expecting a record 32 million tourists this year — good news for the country's luxury retailers.
Hudson's Bay Profit Misses as Costs Rise
Department store operator Hudson's Bay Co reported a smaller-than-expected quarterly profit as expenses soared and sales at established Saks Fifth Avenue stores dropped.
Update: Blackstone Denies Seeking to Acquire Brazil Mall Operator
Investment firm Blackstone Group LP on Sunday said it is not considering an acquisition of Brazilian shopping mall operator BR Malls Participacoes SA, denying a report published early in the day by newspaper O Globo.
China's Grey Luxury Market Threatened by New Tax Regime
China is raising fees on packages ordered from abroad and cracking down on smugglers who carry in suitcases full of luxury goods, in a concerted effort to encourage shopping at home and squeeze a grey market that shoppers use to avoid tax.
Brands Seek Olympics Gold in New Advertising Playing Field
Dozens of major companies and specialty brands that are not official Olympics sponsors have applied to run advertising campaigns featuring athletes ahead of the Rio 2016 Olympic Games, taking advantage of new rules that are shaking up the business of marketing surrounding the event.
This Week on BoF Careers: DVF, Raquel Allegra, Polly King & Co
Check out this week’s new partners and openings on BoF Careers, the global marketplace for fashion talent.
Revlon Names Colgate Executive Fabian Garcia as Its Next CEO
Revlon Inc. named Fabian Garcia as its next chief executive officer, turning to a Colgate-Palmolive Co. veteran to revamp the cosmetics company.
E-Commerce Latecomer Chow Tai Fook Chases Alibaba
The Chow Tai Fook brand is making a move to chase Alibaba and other Internet retailers by expanding its online presence.
Bits & Bytes | Apple Watch Updates, Flipkart and Snapdeal Sickness, Zalando Aims for $11 Billion
Bits and Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
The China Edit | Alibaba Hits 3 Trillion Yuan, Spending on Experiences, Watch Sales Suffer
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.