Amorepacific Third-Quarter Revenue Rises 11%, Overseas Growth Cools
Revenue growth outpaced the previous quarter in the Korean conglomerate’s domestic market, but slowed internationally.
Amsterdam, Netherlands
Retail
Nike Temporarily Closes European Headquarters Due to Coronavirus
The sportswear giant’s office in the Netherlands will be shut down following the news that an employee is infected with the virus.
Retail
Hudson's Bay to Close Dutch Stores on December 31
According to the Netherlands workers' union, 1,424 employees have been informed of the company's decision, and added that severance packages were 'respectful.'
News & Analysis
Zalando Will Expand Delivery from Stores to Prevent Missed Sales
The online retailer estimates it misses out on 20 to 30 million transactions per year because items shoppers are searching for are unavailable.
News & Analysis
Jumia's Nigeria Chief Stands by Questioned Sales Figures
A report by Citron Research questioned some of the African e-commerce company's sales figures sending shares down sharply.
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News & Analysis
Redesigning Fashion Education for the Next Generation at AMFI
Amsterdam Fashion Institute is incorporating sustainability and digital innovation into its interdisciplinary approach, to better reflect the industry's future needs.
News & Analysis
Cult Accessories Label Wandler Launches Footwear
The handbag brand, known for its clean and geometrical designs, is moving into a new category, launching its first shoe collection in April.
News & Analysis
Ace & Tate Plots European Expansion
With estimated 2018 revenues of $40 million, the Dutch direct-to-consumer eyewear brand is looking towards the UK and Germany to further its growth.
Luxury
Greenpeace Report Spotlights Fashion’s Progress on ‘Detoxing’
According to the report, Inditex, H&M, Fast Retailing and Benetton are among the big fashion companies leading the way in hazardous chemical management.
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Luxury
Cult Sneaker Label Filling Pieces Launches Ready-to-Wear
The Amsterdam-based footwear brand, known for its minimal sneakers, wants apparel to account for 40 percent of its total revenue by 2025.
Sustainability
H&M, Levi & Strauss, Nike Top Sustainable Cotton Report
Several fast-fashion and mass retailers lead the rankings, while Kering is the only luxury entry.
Workplace & Talent
Tommy Hilfiger: A Culture of Innovation
Tommy Hilfiger has reaffirmed itself as a market leader by focusing first and foremost on how its employees can innovate in their work. BoF sits down with the brand’s eponymous founder and its CEO, Daniel Grieder, to hear why recurring reinvention is the future.
Technology
Iris van Herpen’s Science Fashion
Iris van Herpen on the weird wonderland of creative possibilities in new technologies from nanorobotics to synthetic biology.
The News in Brief
Hearst Magazines Names Juliana Stock President
Current president Debi Chirichella will be Hearst Magazine’s next chair.
Lilly Raises Sales Forecast, Widening Lead in Obesity Market
Eli Lilly & Co. raised its full-year sales forecast as demand for its blockbuster obesity and diabetes drugs continues to surge, giving the drugmaker more momentum as it expands into pills and develops even more powerful weight-loss treatments.
US to Temporarily Allow Compounding of Six Peptides
The move relaxes rules to access some peptide compounds for recovery, sleep and cognition and will require pharmacies to notify regulators about adverse events.
Adidas Keeps Humming With Apparel, Performance Sports Growth
The German sneaker brand on Thursday reported strong growth in apparel and sports gear, led by running, training and football products, elaborating on preliminary results published last week.
Uniqlo Scraps Price Rise on $2 Socks After Japanese Shopper Outcry
The decision underscores the challenge Japanese retailers face as persistent inflation squeezes household budgets.
Puig Targets €8 Billion in Annual Sales by 2032
Ahead of its first Capital Markets Day in Madrid, the Spanish beauty group has unveiled its “Vision 2032” and detailed its plans to grow its share of the global fragrance market.
Report: Puig, CVC, Cinven Eye Luxury Fragrance Maker Parfums de Marly
Private equity firms CVC Capital Partners and Cinven, along with Spanish beauty group Puig, are considering acquiring Parfums de Marly, the luxury fragrance brand owned by Advent International, two people familiar with the matter told Reuters.