Converse CEO Pledges Review Over Ad Critics Say Evoked KKK
The head of Converse promised to review internal processes and told employees he will make any necessary changes in an internal memo seen by Bloomberg.
acquisition
Retail
With Whole Foods, Amazon on Collision Course With Wal-Mart
Amazon and Wal-Mart's acquisitions make it clear that the lines that divided traditional retail from e-commerce are disappearing.
With Whole Foods, Amazon on Collision Course With Wal-Mart
Amazon and Wal-Mart's acquisitions make it clear that the lines that divided traditional retail from e-commerce are disappearing.
News & Analysis
Why Walmart Bought Bonobos
Walmart’s Marc Lore and Andy Dunn of Bonobos tell BoF why they believe the big-box retailer’s $310 million acquisition of the digital-first menswear brand will propel both companies forward.
Why Walmart Bought Bonobos
Walmart’s Marc Lore and Andy Dunn of Bonobos tell BoF why they believe the big-box retailer’s $310 million acquisition of the digital-first menswear brand will propel both companies forward.
News & Analysis
News Bites | Colette Celebrates Colombia, Renzo Rosso Buys Stake in RetroSuperFuture
In today's News Bites, Esteban Cortazar gives cult Paris boutique Colette a Colombian spin, while Renzo Rosso's Red Circle Investments acquires a minority stake in eyewear brand RetroSuperFuture.
News Bites | Colette Celebrates Colombia, Renzo Rosso Buys Stake in RetroSuperFuture
In today's News Bites, Esteban Cortazar gives cult Paris boutique Colette a Colombian spin, while Renzo Rosso's Red Circle Investments acquires a minority stake in eyewear brand RetroSuperFuture.
News & Analysis
Report: Marquee Brands-Led Group to Bid for BCBG
Marquee has partnered with Global Brands Group, a spin-off of global exporter Li & Fung Ltd, which already has a licensing agreement for some of BCBG's brands, sources said.
Report: Marquee Brands-Led Group to Bid for BCBG
Marquee has partnered with Global Brands Group, a spin-off of global exporter Li & Fung Ltd, which already has a licensing agreement for some of BCBG's brands, sources said.
News & Analysis
Report: Alibaba's Jack Ma invited to join bid for The Body Shop
Private equity firm Investindustrial has invited the investment vehicle of Alibaba founder Jack Ma to join a consortium offering to buy The Body Shop for more than €800 million, sources have said.
Report: Alibaba's Jack Ma invited to join bid for The Body Shop
Private equity firm Investindustrial has invited the investment vehicle of Alibaba founder Jack Ma to join a consortium offering to buy The Body Shop for more than €800 million, sources have said.
Retail
Abercrombie & Fitch Posts First Quarter Loss of $62 Million
The struggling teen retailer reported a loss of nearly $62 million in its first quarter. Earlier this month, it confirmed it was in talks with several parties about a potential deal.
Abercrombie & Fitch Posts First Quarter Loss of $62 Million
The struggling teen retailer reported a loss of nearly $62 million in its first quarter. Earlier this month, it confirmed it was in talks with several parties about a potential deal.
Retail
Abercrombie & Fitch Confirms Deal Talks With Several Parties
The teen clothing retailer confirmed it was in talks with interested buyers, adding it was in preliminary discussions with several parties about a potential transaction.
Abercrombie & Fitch Confirms Deal Talks With Several Parties
The teen clothing retailer confirmed it was in talks with interested buyers, adding it was in preliminary discussions with several parties about a potential transaction.
Retail
Adidas Sells Golf Businesses to Focus on Core Brands
The world’s second largest sport apparel company said it is focusing on its core brands, having already announced its intention to sell the golf companies by 2016.
Adidas Sells Golf Businesses to Focus on Core Brands
The world’s second largest sport apparel company said it is focusing on its core brands, having already announced its intention to sell the golf companies by 2016.
Luxury
Michael Kors Faces Tougher Market After Coach-Kate Spade Merger
The combination of Michael Kors' two biggest rivals is unwelcome news to the company, which is staging its own turnaround plan in an attempt to shed its image as a lower-priced brand.
Michael Kors Faces Tougher Market After Coach-Kate Spade Merger
The combination of Michael Kors' two biggest rivals is unwelcome news to the company, which is staging its own turnaround plan in an attempt to shed its image as a lower-priced brand.
Retail
Report: Abercrombie & Fitch Hires Advisers to Field Takeover Approaches
The company's shares are trading at a 17-year low, making it a vulnerable acquisition target, having struggled as its logo-stamped t-shirts and sweaters have lost their fashion appeal.
Report: Abercrombie & Fitch Hires Advisers to Field Takeover Approaches
The company's shares are trading at a 17-year low, making it a vulnerable acquisition target, having struggled as its logo-stamped t-shirts and sweaters have lost their fashion appeal.
News & Analysis
News Bites | Elle US Hires First Female Creative Director, Issa Acquired by House of Fraser
In today's News Bites, Ruba Abu-Nimah joins Elle as creative director, while House of Fraser announces plans to revive British label Issa.
News Bites | Elle US Hires First Female Creative Director, Issa Acquired by House of Fraser
In today's News Bites, Ruba Abu-Nimah joins Elle as creative director, while House of Fraser announces plans to revive British label Issa.
News & Analysis
With Kate Spade Acquisition, Coach Sets Course for 'Modern Luxury' Domination
Coach Inc chief executive Victor Luis tells BoF why the whimsical lifestyle brand fuels the company’s new global ambitions.
With Kate Spade Acquisition, Coach Sets Course for 'Modern Luxury' Domination
Coach Inc chief executive Victor Luis tells BoF why the whimsical lifestyle brand fuels the company’s new global ambitions.
The News in Brief
Model Presley Gerber, Cindy Crawford’s Son, Dies Aged 27
The model had spoken publicly about a years-long struggle with depression and addiction.
Asos Names Law Roach ‘Stylist in Residence’
Online fashion retailer Asos has brought on celebrity stylist Law Roach to bring his creative lens and styling approach to its campaigns and recently relaunched magazine.
Boohoo’s New Chairman Stirs Controversy as Broker Drops Coverage
The online clothing retailer, which rebranded as Debenhams Group last year, said Friday that Iain McDonald had taken over from Tim Morris with immediate effect in a move aimed at ‘rebuilding equity value.’
Luxury Perfume Line Roja London Acquired by Extravaganza Beauty
Master perfumer and founder Roja Dove will remain with the brand in a new consultancy role.
UK Retail Sales Bounce Back With 0.5% Gain in August
Warm weather and a brighter national mood helped lift spending on clothing and household goods despite rising energy bills.
EssilorLuxottica Gets Rare Sell Call Amid Stock Slump, AI Glasses Concerns
Shares in the eyewear giant, one of Europe's best-rated blue chips, have dropped 55 percent since November, while concerns are mounting over slowing growth and privacy issues for its AI glasses with Meta.
Olaplex Names New CEO
Christoph Kaul will succeed Amanda Baldwin, who led the hair care label through its acquisition by Henkel earlier this year.