The Independents Acquires Production Studio Smuggler
The global collective has brought film studio Smuggler under its umbrella to bolster its entertainment capabilities.
United Kingdom
Sustainability
More Brands Are Betting on Protecting Nature. Now Comes the Hard Part.
As extreme weather and nature loss threaten fashion’s access to key raw materials, the industry is looking for ways to shore up supply chains. Early results show it’s possible to build resilience, but also how difficult it is to scale effective action.
More Brands Are Betting on Protecting Nature. Now Comes the Hard Part.
As extreme weather and nature loss threaten fashion’s access to key raw materials, the industry is looking for ways to shore up supply chains. Early results show it’s possible to build resilience, but also how difficult it is to scale effective action.
Luxury
Pavita Cooper Named British Fashion Council Chair, Caroline Issa Named Deputy Chair
Cooper will succeed David Pemsel as the fashion trade body’s chair effective Oct. 1.
Pavita Cooper Named British Fashion Council Chair, Caroline Issa Named Deputy Chair
Cooper will succeed David Pemsel as the fashion trade body’s chair effective Oct. 1.
Retail
Next Wins Appeal in UK Equal Pay Case
The landmark ruling allows the retailer to pay warehouse workers more than shop staff on the basis it costs more to recruit and retain them.
Next Wins Appeal in UK Equal Pay Case
The landmark ruling allows the retailer to pay warehouse workers more than shop staff on the basis it costs more to recruit and retain them.
Retail
UK Retail Sales Drop for the First Time in Three Months
Scorching weather and fewer discounts discouraged shoppers and ended a recent rebound in consumer spending as retail sales fell for the first time since April.
UK Retail Sales Drop for the First Time in Three Months
Scorching weather and fewer discounts discouraged shoppers and ended a recent rebound in consumer spending as retail sales fell for the first time since April.
ADVERTISEMENT
Retail
John Lewis Managing Director Quits Job After Less Than Three Years
Peter Ruis' surprise departure comes as the company faces “really tough” trading conditions.
John Lewis Managing Director Quits Job After Less Than Three Years
Peter Ruis' surprise departure comes as the company faces “really tough” trading conditions.
Luxury
McQueen Returns to London Fashion Week
The label founded by Lee Alexander McQueen will stage its next runway show in London on September 20th as owner Kering works to restructure and reposition the brand.
McQueen Returns to London Fashion Week
The label founded by Lee Alexander McQueen will stage its next runway show in London on September 20th as owner Kering works to restructure and reposition the brand.
Entrepreneurship
How to Build a Profitable Handbag Business From Scratch
With profitability now within reach, the London-based luxury leather goods brand Metiér is raising fresh capital to fuel its next chapter.
How to Build a Profitable Handbag Business From Scratch
With profitability now within reach, the London-based luxury leather goods brand Metiér is raising fresh capital to fuel its next chapter.
Retail
UK Retail Sales Tumble by Most in Over 40 Years
The Confederation of British Industry’s monthly measure of retail sales volume dropped to its lowest reading since the series started in 1983, as 77 percent of firms reported sales were down compared with a year ago.
UK Retail Sales Tumble by Most in Over 40 Years
The Confederation of British Industry’s monthly measure of retail sales volume dropped to its lowest reading since the series started in 1983, as 77 percent of firms reported sales were down compared with a year ago.
ADVERTISEMENT
Luxury
Luxury Brands Book Sales Drop as Middle East War Takes Toll on Airport Shopping
The conflict in the Middle East is hurting duty-free and travel-retail sales for luxury and beauty groups like LVMH, Kering, Estée Lauder, and L’Oréal.
Luxury Brands Book Sales Drop as Middle East War Takes Toll on Airport Shopping
The conflict in the Middle East is hurting duty-free and travel-retail sales for luxury and beauty groups like LVMH, Kering, Estée Lauder, and L’Oréal.
Retail
Second-Hand Fashion Platform Vinted Reports 38% Jump in Revenue
Vinted’s revenue climbed to €1.1 billion, but net profit dipped due to strategic investments.
Second-Hand Fashion Platform Vinted Reports 38% Jump in Revenue
Vinted’s revenue climbed to €1.1 billion, but net profit dipped due to strategic investments.
Luxury
How Selfridges Plans to Lock in the 1%
The UK department store chain’s new ‘members club’ — the biggest renovation to its London flagship in a decade — merges private shopping, hospitality and a stage for brand experiences with the logic of an airline loyalty scheme. BoF has the first look.
How Selfridges Plans to Lock in the 1%
The UK department store chain’s new ‘members club’ — the biggest renovation to its London flagship in a decade — merges private shopping, hospitality and a stage for brand experiences with the logic of an airline loyalty scheme. BoF has the first look.
Beauty
Unilever, McCormick Near Deal to Create $60 Billion Food Business
The deal would give the UK consumer goods giant $15.7 billion in cash to streamline its portfolio toward beauty and personal care.
Unilever, McCormick Near Deal to Create $60 Billion Food Business
The deal would give the UK consumer goods giant $15.7 billion in cash to streamline its portfolio toward beauty and personal care.
The News in Brief
L’Oréal Steals French Stock Market Crown From LVMH
The cosmetics group became France’s most valuable listed company on Tuesday, the first time since 2017 that a non-luxury company has claimed the top spot at the end of a trading day.
Authentic Brands Targets Creator Economy, Eyes Public Offering
The licensor could pursue an IPO as early as the first half of next year.
Vogue Mexico and Latin America Editor-in-Chief Karla Martinez de Salas to Step Down
The industry veteran is joining Latino-focused media platform Avance Global to establish a new lifestyle brand that will span fashion, design, travel, food, culture and entertainment.
Prada Revamps Milan Flagship to Cater to Top Clients and New Shoppers
The group is hoping the renovated eight-level complex can generate €100 million in annual revenue, chief executive Andrea Guerra told Reuters.
JD Sports Names New North America CEO, Chief Marketing Officer
The sneaker retailer is shaking up its North American leadership as it looks to reverse soft sales and an extended slump in the stock market.
Top Africa Clothes Retailer Pepkor Sinks on Earnings Outlook
Shares in the South African discount clothing retailer fell the most in more than three years, as an expansion into banking weighed on profit forecasts.
Kimberly-Clark Prepares Asset Sales to Win EU Nod for Kenvue Deal
The US consumer goods giant is preparing concessions to address EU antitrust concerns about its bid for Tylenol maker Kenvue that could help it win approval for the $40 billion deal, sources told Reuters.