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.
brexit
News & Analysis
'Brexit' Britain Doesn't Need an Election. It Needs An Exorcism.
It's hotter than hell in the United Kingdom, where a deeply divided nation, and its fashion industry, will soon find out what new Prime Minister Boris Johnson means by a 'do or die' exit from the European Union, writes Tim Blanks.
'Brexit' Britain Doesn't Need an Election. It Needs An Exorcism.
It's hotter than hell in the United Kingdom, where a deeply divided nation, and its fashion industry, will soon find out what new Prime Minister Boris Johnson means by a 'do or die' exit from the European Union, writes Tim Blanks.
News & Analysis
Will Luxury's Winning Streak Continue?
This week, everyone will be talking about quarterly results from LVMH, Kering and Moncler, Instagram's experiment with hiding 'likes,' and how the UK's new leader will change the Brexit outlook. Read our BoF Professional Cheat Sheet.
Will Luxury's Winning Streak Continue?
This week, everyone will be talking about quarterly results from LVMH, Kering and Moncler, Instagram's experiment with hiding 'likes,' and how the UK's new leader will change the Brexit outlook. Read our BoF Professional Cheat Sheet.
Retail
UK Retail Sales Surge as Consumers Defy Brexit Turmoil
The resilience of consumers in the face of Brexit uncertainty is largely being supported by the labour market, where pay growth is picking up, employment is at a record high and the jobless rate is the lowest its been since the 1970s.
UK Retail Sales Surge as Consumers Defy Brexit Turmoil
The resilience of consumers in the face of Brexit uncertainty is largely being supported by the labour market, where pay growth is picking up, employment is at a record high and the jobless rate is the lowest its been since the 1970s.
Luxury
Luxury Expecting a Strong 2019
With many 2018 results falling short of forecasts, brands are coupling optimism for the year ahead with new retail strategies, in an attempt to maintain growth trajectories.
Luxury Expecting a Strong 2019
With many 2018 results falling short of forecasts, brands are coupling optimism for the year ahead with new retail strategies, in an attempt to maintain growth trajectories.
News & Analysis
Brexit at the Cliff Edge: What Fashion Needs to Know
March 29th was meant to be the day the UK left the European Union. Instead, the Brexit drama is far from over and global fashion brands operating in the country face a prolonged period of uncertainty.
Brexit at the Cliff Edge: What Fashion Needs to Know
March 29th was meant to be the day the UK left the European Union. Instead, the Brexit drama is far from over and global fashion brands operating in the country face a prolonged period of uncertainty.
Retail
The Week Ahead: UK Faces Brexit Crunch Time. Again.
This week, everyone will be talking about Brexit, Galeries Lafayette's opening against the backdrop of the Yellow Vest protests in Paris and H&M's latest earnings report. Read our BoF Professional Cheat Sheet.
The Week Ahead: UK Faces Brexit Crunch Time. Again.
This week, everyone will be talking about Brexit, Galeries Lafayette's opening against the backdrop of the Yellow Vest protests in Paris and H&M's latest earnings report. Read our BoF Professional Cheat Sheet.
Luxury
Britain's Luxury Sector Warns of £6.8 Billion Loss From No-Deal Brexit
About 80 percent of Britain's luxury goods go overseas, and Europe is its largest market.
Britain's Luxury Sector Warns of £6.8 Billion Loss From No-Deal Brexit
About 80 percent of Britain's luxury goods go overseas, and Europe is its largest market.
Retail
The Week Ahead: Who Will Survive the Retail Apocalypse?
This week, everyone will be talking about the accelerating pace of store closures, opening day for the Shops at Hudson Yards and Brexit's surprising upside for some retailers. Read our BoF Professional Cheat Sheet.
The Week Ahead: Who Will Survive the Retail Apocalypse?
This week, everyone will be talking about the accelerating pace of store closures, opening day for the Shops at Hudson Yards and Brexit's surprising upside for some retailers. Read our BoF Professional Cheat Sheet.
Luxury
Fashion Prepares for Brexit Disaster
Thursday's debate left Britain in Brexit gridlock. While no deal may yet be averted, fashion giants from Kering to Burberry have started planning for worst-case scenarios.
Fashion Prepares for Brexit Disaster
Thursday's debate left Britain in Brexit gridlock. While no deal may yet be averted, fashion giants from Kering to Burberry have started planning for worst-case scenarios.
Fashion Week
Kering Looks to Put Gucci's Rocky Month Behind It
This week, everyone will be talking about how Kering will address its various Gucci-related controversies, London Fashion Week kicking off with yet another Brexit vote and Frieze Los Angeles joining a crowded fashion calendar. Read our BoF Professional Cheat Sheet.
Kering Looks to Put Gucci's Rocky Month Behind It
This week, everyone will be talking about how Kering will address its various Gucci-related controversies, London Fashion Week kicking off with yet another Brexit vote and Frieze Los Angeles joining a crowded fashion calendar. Read our BoF Professional Cheat Sheet.
Beauty
L'Oréal Hoards Cosmetics in Britain as Brexit Looms
While the company stated that a no-deal Brexit would not have a major impact on sales, it is bulking up stocks in the United Kingdom, where it no longer has a manufacturing base.
L'Oréal Hoards Cosmetics in Britain as Brexit Looms
While the company stated that a no-deal Brexit would not have a major impact on sales, it is bulking up stocks in the United Kingdom, where it no longer has a manufacturing base.
News & Analysis
Burberry Says Would Pay a High Price for No-Deal Brexit
The British luxury brand said it would cost tens of millions of pounds in tariffs and severely disrupt its supply chain.
Burberry Says Would Pay a High Price for No-Deal Brexit
The British luxury brand said it would cost tens of millions of pounds in tariffs and severely disrupt its supply chain.
The News in Brief
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.
Lenzing Closes UK, Austria Sites in Turnaround Bid
The closures are the latest in a series of cost-cutting and refinancing measures at the textile maker, which has faced headwinds from competition in China and India.