Hermès Sales Climb, Boosted By US
Hermès second quarter sales rose 7 percent, lifted by a recovery in tourism in Europe and strong demand in the US.
bankruptcy
Retail
Sears May Stay Alive With Rescue Bid Cobbled Together by Lampert
The chain's chairman, Eddie Lampert, made a last-minute, $4.6 billion bid to buy the retailer out of bankruptcy.
Sears May Stay Alive With Rescue Bid Cobbled Together by Lampert
The chain's chairman, Eddie Lampert, made a last-minute, $4.6 billion bid to buy the retailer out of bankruptcy.
News & Analysis
How Sears' Fashion Suppliers Prepared for Its Inevitable Fall
As the original 'everything store' attempts to restructure under bankruptcy protection, most of its large apparel suppliers won’t be bleeding cash — they’ve been preparing for this moment.
How Sears' Fashion Suppliers Prepared for Its Inevitable Fall
As the original 'everything store' attempts to restructure under bankruptcy protection, most of its large apparel suppliers won’t be bleeding cash — they’ve been preparing for this moment.
News & Analysis
Nine West Files Amended Bankruptcy Plan
The plan will reduce its pre-bankruptcy debt obligations by more than $1 billion, providing $105 million cash recovery to stakeholders.
Nine West Files Amended Bankruptcy Plan
The plan will reduce its pre-bankruptcy debt obligations by more than $1 billion, providing $105 million cash recovery to stakeholders.
Beauty
Sephora Takes on Beautycon
This week, everyone will be talking about Sephora's first beauty convention, a potential Sears bankruptcy and runway shows in Shanghai, Seoul and Tokyo. Read our BoF Professional Cheat Sheet.
Sephora Takes on Beautycon
This week, everyone will be talking about Sephora's first beauty convention, a potential Sears bankruptcy and runway shows in Shanghai, Seoul and Tokyo. Read our BoF Professional Cheat Sheet.
News & Analysis
How Interview Magazine Came Back From the Dead
The magazine’s president and chief revenue officer say controversial longtime owner Peter Brant is out, and a new cost-conscious era is in. But can Interview rid itself of its baggage?
How Interview Magazine Came Back From the Dead
The magazine’s president and chief revenue officer say controversial longtime owner Peter Brant is out, and a new cost-conscious era is in. But can Interview rid itself of its baggage?
News & Analysis
Carven Seeks Bankruptcy Protection
The French fashion house, which has been falling on hard times, is filing for bankruptcy protection.
Carven Seeks Bankruptcy Protection
The French fashion house, which has been falling on hard times, is filing for bankruptcy protection.
Beauty
One Brand’s Plan for Escaping Bankruptcy
With $214 million in debt due in 2019, Charlotte Russe was facing extinction. Chief executive Jenny Ming reveals how she secured a lifeline and hatched a turnaround plan for the teen retailer.
One Brand’s Plan for Escaping Bankruptcy
With $214 million in debt due in 2019, Charlotte Russe was facing extinction. Chief executive Jenny Ming reveals how she secured a lifeline and hatched a turnaround plan for the teen retailer.
News & Analysis
Bankrupt Retailer Bon-Ton Gets Acquisition Offer
Bon-Ton has received an acquisition offer from an investor group, two months after the department store-chain filed for bankruptcy protection.
Bankrupt Retailer Bon-Ton Gets Acquisition Offer
Bon-Ton has received an acquisition offer from an investor group, two months after the department store-chain filed for bankruptcy protection.
News & Analysis
Nine West Files for Bankruptcy
The company plans to sell the Nine West and Bandolino footwear and handbag businesses to Authentic Brands Group.
Nine West Files for Bankruptcy
The company plans to sell the Nine West and Bandolino footwear and handbag businesses to Authentic Brands Group.
News & Analysis
Claire's Plans Bankruptcy, With Creditors Taking Over
The fashion accessories chain is preparing to file for bankruptcy in the coming weeks, according to sources.
Claire's Plans Bankruptcy, With Creditors Taking Over
The fashion accessories chain is preparing to file for bankruptcy in the coming weeks, according to sources.
News & Analysis
Charlotte Olympia Files for Bankruptcy Protection in the United States
The luxury shoes and accessories brand plans to liquidate its operations in the country after losing over $6 million in 2017.
Charlotte Olympia Files for Bankruptcy Protection in the United States
The luxury shoes and accessories brand plans to liquidate its operations in the country after losing over $6 million in 2017.
Retail
The Death of Clothing
The underlying problem of weak demand is expected to dog the apparel industry for years, meaning more store closures and more bankruptcies lie ahead — with or without Amazon.
The Death of Clothing
The underlying problem of weak demand is expected to dog the apparel industry for years, meaning more store closures and more bankruptcies lie ahead — with or without Amazon.
The News in Brief
Shein Discloses FTC Probe in US, Warns of Significant Payments
According to documents the ultra-fast-fashion company filed in connection with its planned Hong Kong IPO, Shein is cooperating with the investigation and could face significant fines.
Frasers Group Takes a Position in Burberry
The billionaire Mike Ashley’s investment arm disclosed Tuesday it holds an interest worth a potential 4.2 percent of the voting rights in Burberry.
EssilorLuxottica Beats Forecasts, AI Glasses and Myopia Products Drive Growth
The Franco-Italian eyewear maker reported a 15 percent rise in first-half profit, beating expectations, while revenue growth was driven by strong demand for AI-enabled glasses myopia products.
Whoop Names Kyle Leahy Chief Commercial Officer
Leahy joins the wearables brand from Glossier, where she was chief executive for three years.
Chinese Jeweller Laopu Gold’s Shares Drop on Growth Outlook
The jeweller lost $2.1 billion in market value after forecasting first-half 2026 revenue growth of up to 66 percent, a sharp slowdown from last year that unsettled investors in one of China’s most viral consumer brands.
Unilever Lifts Outlook on Strongest Volume Growth in Over A Decade
Unilever upgraded its annual forecast on Tuesday, as consumers reached for brands like Vaseline and Dove despite household budget concerns stemming from the Iran war.
J&J to Pay $5.5 Billion to Settle Talc-Related Cancer Claims
Johnson & Johnson on Monday said it agreed to a $5.5 billion commitment to resolve years of litigation related to claims that its talc products caused ovarian cancer.