Court Lets Trump Halt Tariff Exemption for Low-Cost Goods
In a decision on Thursday, a US trade court refused to disturb executive orders that lifted the ‘de minimis’ exemption for goods with a retail value of $800 or less.
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Financial Markets
Farfetch Sales Jump in First Results Since IPO
Sales on the online marketplace rose 53 percent to $310 million in the third quarter, outpacing overall luxury spending. The company credits the addition of new brands and strong growth in key emerging markets, including China, Mexico and the Middle East.
Farfetch Sales Jump in First Results Since IPO
Sales on the online marketplace rose 53 percent to $310 million in the third quarter, outpacing overall luxury spending. The company credits the addition of new brands and strong growth in key emerging markets, including China, Mexico and the Middle East.
Luxury
Burberry Brand Heat Ignites on Tisci’s 'Drops' Amid Transition
As the UK’s largest luxury brand attempts to position itself as a true luxury player, the drops from Riccardo Tisci's runway collection are already driving excitement and shifting perceptions. But with the bulk of Tisci's work still months from hitting stores, the brand has a long way to go.
Burberry Brand Heat Ignites on Tisci’s 'Drops' Amid Transition
As the UK’s largest luxury brand attempts to position itself as a true luxury player, the drops from Riccardo Tisci's runway collection are already driving excitement and shifting perceptions. But with the bulk of Tisci's work still months from hitting stores, the brand has a long way to go.
Financial Markets
Burberry Says Riccardo Tisci Is Creating Buzz to Drive Turnaround
CEO Marco Gobbetti said the initial response from press, buyers and customers has been "exceptional."
Burberry Says Riccardo Tisci Is Creating Buzz to Drive Turnaround
CEO Marco Gobbetti said the initial response from press, buyers and customers has been "exceptional."
Luxury
Hedi Slimane and the Art of the ‘Drop’
The Celine creative director’s first accessories arrive in stores November 12, following product drops by the likes of Burberry, Moncler and Louis Vuitton. But is the strategy working for luxury the way it does for streetwear?
Hedi Slimane and the Art of the ‘Drop’
The Celine creative director’s first accessories arrive in stores November 12, following product drops by the likes of Burberry, Moncler and Louis Vuitton. But is the strategy working for luxury the way it does for streetwear?
China
China's Celebrity Ambassador Minefield
Luxury brands navigate the risks and rewards of banking on celebrity ambassadors, Alibaba gears up for Singles Day with the launch of China's largest robotics warehouse, and JD.com apologises for a sexist marketing blunder. Read China Decoded to make sense of the market.
China's Celebrity Ambassador Minefield
Luxury brands navigate the risks and rewards of banking on celebrity ambassadors, Alibaba gears up for Singles Day with the launch of China's largest robotics warehouse, and JD.com apologises for a sexist marketing blunder. Read China Decoded to make sense of the market.
Financial Markets
Michael Kors Misses Quarterly Revenue Estimates
The hand-bag maker recorded weaker sales at retail stores in Europe.
Michael Kors Misses Quarterly Revenue Estimates
The hand-bag maker recorded weaker sales at retail stores in Europe.
News & Analysis
Marc Jacobs Re-Issues Famous ‘Grunge’ Collection
The polarising, era-defining line, designed in 1992 for Perry Ellis, has been reproduced 26 years later.
Marc Jacobs Re-Issues Famous ‘Grunge’ Collection
The polarising, era-defining line, designed in 1992 for Perry Ellis, has been reproduced 26 years later.
News & Analysis
How Much Does Brand DNA Matter?
Heritage is a key element of the luxury playbook. But in a world where newness matters more than ever, blockbuster labels like Gucci are taking a more flexible approach to brand DNA.
How Much Does Brand DNA Matter?
Heritage is a key element of the luxury playbook. But in a world where newness matters more than ever, blockbuster labels like Gucci are taking a more flexible approach to brand DNA.
News & Analysis
What Not to Do at the Beginning of Your Career
BoF shares insider tips from industry experts including Lucinda Chambers and Drew Elliott.
What Not to Do at the Beginning of Your Career
BoF shares insider tips from industry experts including Lucinda Chambers and Drew Elliott.
Retail
As Scandal Sinks Topshop's Brand Temperature, Should Philip Green Sell?
Corporate scandals don’t often damage strong consumer brands but public awareness of the scandal surrounding the Topshop owner appears to be higher than usual.
As Scandal Sinks Topshop's Brand Temperature, Should Philip Green Sell?
Corporate scandals don’t often damage strong consumer brands but public awareness of the scandal surrounding the Topshop owner appears to be higher than usual.
Financial Markets
Influencers Are Investors Now, Too
As digital influencers gain more clout in the beauty and fashion industries, they’re trading their Instagram fame for equity in up-and-coming brands.
Influencers Are Investors Now, Too
As digital influencers gain more clout in the beauty and fashion industries, they’re trading their Instagram fame for equity in up-and-coming brands.
Luxury
Manolo Blahnik Returns to Paris
The footwear designer is opening his first free-standing store in Paris and is eyeing Asia for future growth with new boutiques in Tokyo and Taipei.
Manolo Blahnik Returns to Paris
The footwear designer is opening his first free-standing store in Paris and is eyeing Asia for future growth with new boutiques in Tokyo and Taipei.
The News in Brief
Samsonite Buys Stake in Béis for $178.5 Million
Founder and actress Shay Mitchell will retain a 15 percent stake in Béis, which will become a Samsonite subsidiary after the deal closes.
Tapestry Forecasts Strong Annual Profit as Coach Remains Hot
Resilient demand for Coach bags among young and affluent shoppers helped buoy the group, but weakness at Kate Spade led the company to forecast muted annual revenue.
US Seeks Sentence for Founder of Fashion-Tech Company CaaStle
Prosecutors compared Christine Hunsicker to Elizabeth Holmes as they sought a 12.5 year prison sentence in the $300 million securities fraud case.
Shein Loses UK Copyright Lawsuit Against Temu Over Clothing Photos
The ultra-fast fashion platform lost the first round of a London legal battle against its rival for alleged copyright infringement in relation to photos of some of its products.
Birkenstock Nudges Forecast Higher on Solid Sandal Demand
The German brand bumped its sales forecast to the upper limit of its target range and posted strong quarterly earnings as consumers snapped up its sandals and clogs.
Richemont’s Panerai Brand Gets No Relief From Luxury Watch Revival
As the secondary market for timepieces rebounds, Cartier is grabbing buyer attention and there’s renewed enthusiasm around Vacheron Constantin, throwing the lack of interest in Panerai into stark contrast.
Allies of Skin’s Founder Nicolas Travis Has Resigned
The Singapore-based luxury skincare brand has also appointed Alicia Valencia as interim president.