Mike Ashley’s Frasers Says It’s Taken Control of Hugo Boss
The British retail group has pushed its stake in the German apparel brand above 50 percent in a move that will turn Hugo Boss into a subsidiary of Frasers.
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Latest News & Analysis
Technology
BoF LIVE: The Future of Virtual Fashion
A panel of experts join BoF to discuss how fashion fits into the nuanced worlds of NFTs, the metaverse, crypto and gaming.
Technology
The Technology Turning New Shoppers Into Loyal Customers
Abundant data and advanced analytics are helping brands create new models of their customers’ lifetime value. The aim is to gain better insight into which shoppers are worth investing in.
Financial Markets
Is Luxury Finally Embracing Technology?
Last month’s tie-up between LVMH and Google signals a growing rethink on how technology can enhance the luxury experience, writes Pierre Mallevays.
Luxury
LVMH Turns to Google’s AI to Boost Business
The French luxury giant is partnering with Google Cloud to help brands like Louis Vuitton and Dior develop more personalised shopping experiences for their customers.
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Technology
Investors Bet Big on Shopping App From Stitch Fix Alum
Julie Bornstein's mysterious new e-commerce platform wants to connect consumers with a personalised offering of brands. Will she succeed where others have failed?
Retail
EBay CEO Steps Down Amid Ongoing Operating Review
Devin Wenig took over in 2015 and made bold promises of returning the marketplace to prominence, but the results have been slow going.
Technology
The BoF Podcast: Angel Investor Ian Hogarth on the Emerging Geopolitics of AI
The race to develop artificial intelligence will define geopolitics in the coming decades, much as oil and nuclear weapons defined the 20th century.
Technology
The BoF Podcast: Christopher Wylie and Arti Zeighami: ‘Data Doesn’t Have to Be Evil’
The Cambridge Analytica whistleblower discussed the way H&M can use artificial intelligence to curb waste production and his new role at the fast-fashion giant.
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Technology
Christopher Wylie Has Joined H&M to Harness AI for Sustainability
At BoF's VOICES, the Cambridge Analytica whistleblower discussed the way H&M can use artificial intelligence to curb waste production and revealed his new role with the fast-fashion giant.
Technology
Social Robots Are Now: Samer Al Moubayed
Introducing Furhat, a social robot that can communicate with humans by speaking, making eye contact, showing emotions — and, if needed, transforming into a dog.
Technology
Bits & Bytes | Amazon Launches Storefronts, the Rise of CGI Models
This week, Amazon launches a platform for small and medium-sized businesses, while virtual influencers challenge the status quo of the modelling industry.
The News in Brief
Shein Agrees to Pay $100 Million to Settle US FTC Probe
The settlement, equivalent to 44 percent of the ultra fast-fashion company’s second-quarter profit, is the latest blow amid regulatory and tax crackdowns in Europe and the US that have hampered Shein’s growth.
Kering Drops 12% as Luxury Braces for Tough Winter
The recovery long promised by luxury brands seems nowhere in sight, as the expansion of war in the Middle East, along with China’s tax crackdown on the wealthy, piled further pressure on the world’s biggest luxury conglomerates in the third quarter, and executives buckled in for a tough winter.
UK Retail Sales Fall 0.4% in September, More Than Forecast
Sales fell in September as above-average temperatures hit demand for autumn clothing.
Elle Launches Moroccan Edition
Hitting newsstands in October, the magazine marks Elle’s 51st international edition, published under licence by the Geomedia group.
David’s Bridal Plans Spinoff and IPO of AI Wedding Planning Platform Pearl
Pearl, a subsidiary of David’s Bridal, will own David’s Bridal and license its intellectual property back to the bridalwear brand. David’s Bridal CEO Kelly Cook will serve as Pearl’s CEO.
L’Oréal Sales Beat Expectations as Premium Products Surge
The French giant handily beat expectations on strong demand for hair products at salons and premium skincare from its dermatological division.
P&G Beats Revenue Estimates, Flags Bigger Hit to Annual Profit
The maker of Pantene shampoo was helped by strong personal care demand, but expects higher commodity costs to reduce profit by about $1.4 billion this year.