Shopify Shares Soar as Revenue Outlook Beats Estimates
Shares surged after the company's third-quarter revenue outlook beat expectations, strengthening the view that it faces limited disruption from AI.
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News & Analysis
Alice Potts Turns Bodily Fluids Into Fashion
The designer, known for adorning garments with crystals made from sweat, is beginning her one-year Onassis Foundation residency with an exhibition that is part of the Biennale Athens.
Alice Potts Turns Bodily Fluids Into Fashion
The designer, known for adorning garments with crystals made from sweat, is beginning her one-year Onassis Foundation residency with an exhibition that is part of the Biennale Athens.
News & Analysis
Drive Episode 7: Rent the Runway’s Jennifer Hyman on Realising Radical Ideas
In episode seven of BoF’s podcast series Drive, delivered by DHL, Rent the Runway co-founder Jennifer Hyman tells BoF how she executed her radical idea and attracted 10 million members to her platform.
Drive Episode 7: Rent the Runway’s Jennifer Hyman on Realising Radical Ideas
In episode seven of BoF’s podcast series Drive, delivered by DHL, Rent the Runway co-founder Jennifer Hyman tells BoF how she executed her radical idea and attracted 10 million members to her platform.
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.
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.
The News in Brief
Next Upgrades Profit Outlook Again on Strong Summer Spending
The UK retailer said it benefited from sunny weather and the release of some “pent-up demand” in the Middle East and northern Europe.
Shiseido’s Profits Recover in First Half Amid Turnaround
Growth turned positive in the second quarter, driven by key regions like the Americas, as the Japanese giant executes its yearlong restructuring plan.
Amazon Loses US Court Ban on Perplexity’s AI Shopping Tools
The ruling is the first by a federal appeals court to address whether AI agents acting on behalf of users can legally access online platforms.
Report: Abercrombie to Seek Fresh Backers for China Business
The US-listed company is conducting a review of its Chinese assets and may sell a stake in the unit, which could be valued at several hundred million dollars, Bloomberg reported.
P&G to Buy Supplement Maker Thorne for $3.8 Billion
Shailesh Jejurikar, chief executive of the American personal care conglomerate, told CNBC it will acquire the line from LVMH-backed private equity firm L Catterton.
Eli Lilly to Offer Early Access to Next-Gen Obesity Drug to Some Patients
Eli Lilly said on Monday it would allow a limited number of patients to have early access to its experimental obesity drug, retatrutide, before its US FDA approval.
India’s Nykaa Posts Higher Quarterly Profit on Strong Beauty Demand, Fashion Growth
India’s FSN E-Commerce Ventures, which operates beauty and fashion retailer Nykaa, reported a more than three-fold rise in quarterly profit on Tuesday, boosted by strong growth in its beauty business and a sharp acceleration in fashion sales.