Reformation Valued at $886 Million in NYSE Debut
The Permira-backed womenswear retailer and some of its shareholders had raised $211 million in its IPO on Wednesday, with shares opening at $15 apiece.
brexit
News & Analysis
Maajid Nawaz on Terrorism: 'Fear Will Breed More Fear'
Through the lens of his own harrowing journey, Maajid Nawaz spoke about the rise of terrorism, populism and a post-Trump, post-Brexit world.
Maajid Nawaz on Terrorism: 'Fear Will Breed More Fear'
Through the lens of his own harrowing journey, Maajid Nawaz spoke about the rise of terrorism, populism and a post-Trump, post-Brexit world.
Luxury
10 Forces That Shaped Fashion in 2016
BoF and McKinsey & Company's in-depth report, The State of Fashion 2017, examines the trends that shaped the global fashion industry in 2016, from pervasive uncertainty to the deepening of discount culture.
10 Forces That Shaped Fashion in 2016
BoF and McKinsey & Company's in-depth report, The State of Fashion 2017, examines the trends that shaped the global fashion industry in 2016, from pervasive uncertainty to the deepening of discount culture.
Luxury
Luxury Goods Feature in UK Accord for South Korea Trade Talks
A formal working group of ministers from the two countries will meet as many as four times a year.
Luxury Goods Feature in UK Accord for South Korea Trade Talks
A formal working group of ministers from the two countries will meet as many as four times a year.
Luxury
A Globetrotter's Guide to the Arithmetic of Luxury Shopping
While luxury goods makers have long priced items differently in different countries, at times of strong foreign-exchange volatility these variations are exacerbated.
A Globetrotter's Guide to the Arithmetic of Luxury Shopping
While luxury goods makers have long priced items differently in different countries, at times of strong foreign-exchange volatility these variations are exacerbated.
News & Analysis
Asos Boosts UK Sourcing After Pound’s Brexit Fall
Asos Plc, Britain’s largest online-only fashion retailer, plans to double its UK manufacturing as the pound’s post-Brexit plunge makes domestic production more affordable.
Asos Boosts UK Sourcing After Pound’s Brexit Fall
Asos Plc, Britain’s largest online-only fashion retailer, plans to double its UK manufacturing as the pound’s post-Brexit plunge makes domestic production more affordable.
Retail
Live Blog: Catch up on John Galliano, Amber Valletta, Ian Rogers, will.i.am and Joan Smalls
As the three-day event concludes, revisit our real-time reporting from VOICES, BoF's new annual gathering for big thinkers in Oxfordshire, in partnership with QIC Global Real Estate.
Live Blog: Catch up on John Galliano, Amber Valletta, Ian Rogers, will.i.am and Joan Smalls
As the three-day event concludes, revisit our real-time reporting from VOICES, BoF's new annual gathering for big thinkers in Oxfordshire, in partnership with QIC Global Real Estate.
News & Analysis
Fashion World Faces New Normal
How will the rise of extremism, populism and protectionism impact the fashion industry and wider business world?
Fashion World Faces New Normal
How will the rise of extremism, populism and protectionism impact the fashion industry and wider business world?
Retail
UK Retail Sales Stagnate as Prices, Weather Hit Clothing
UK retail sales stagnated for a second month in September as rising prices and warm weather hit demand for clothing.
UK Retail Sales Stagnate as Prices, Weather Hit Clothing
UK retail sales stagnated for a second month in September as rising prices and warm weather hit demand for clothing.
News & Analysis
First Marmite, Next Our Clothes? How Brexit is Set to Affect How We Shop
"Companies which import product or pay for materials abroad are now facing costs jumping by around a fifth."
First Marmite, Next Our Clothes? How Brexit is Set to Affect How We Shop
"Companies which import product or pay for materials abroad are now facing costs jumping by around a fifth."
News & Analysis
L’Oreal to Be ‘Cautious’ on UK Price Hikes After Pound’s Slump
L’Oreal SA chief executive officer Jean-Paul Agon says it is not the fault of customer that some production costs are rising.
L’Oreal to Be ‘Cautious’ on UK Price Hikes After Pound’s Slump
L’Oreal SA chief executive officer Jean-Paul Agon says it is not the fault of customer that some production costs are rising.
Luxury
No Growth but No Panic in the Luxury Sector
September was remarkably quiet in terms of corporate news, with announcements by Hermès, Richemont and Tod’s only.
No Growth but No Panic in the Luxury Sector
September was remarkably quiet in terms of corporate news, with announcements by Hermès, Richemont and Tod’s only.
News & Analysis
UK Shops Look to Chinese Tourists For a Golden Week At The Tills
"Travel agents report big demand for UK visits during holiday week due to 20% fall in costs after sterling’s post-Brexit vote dip."
UK Shops Look to Chinese Tourists For a Golden Week At The Tills
"Travel agents report big demand for UK visits during holiday week due to 20% fall in costs after sterling’s post-Brexit vote dip."
The News in Brief
Puig Reports First-Half Revenue Growth After Estee Lauder Talks End
The Spanish beauty company reported first-half revenue growth on strong demand for makeup from Charlotte Tilbury.
Canada Goose Beats Revenue Estimates as Demand Holds Up
The outerwear brand beat expectations for first-quarter revenue, but new US tariffs on Canadian could affect future earnings.
Steven Madden Tops Expectations and Lifts Full-Year Outlook
The retailer raised its full-year revenue forecast again as its integration of luxury brand Kurt Geiger last year provided a tailwind.
Reformation and Its Backers Raise $210.9 Million in IPO
The womenswear brand and shareholders including private-equity backer Permira raised new funds in an IPO that priced shares at the bottom of the marketed range.
Adidas Shares Plunge After World Cup Spend Dents Profit
Shares in the company fell the most on record after its marketing outlay for the World Cup resulted in lower-than-expected quarterly profit.
British Fashion Council to Boost UK Fashion Beyond London
The new national initiative, Fashion Britain, aims to increase growth, innovation and participation in the industry across key cities.
Hermès’ Chief Watches China’s Pork Prices to Gauge Luxury Demand
When it comes to gauging the possibility of a sales rebound for his luxury group in China, Hermès executive chairman Axel Dumas turns to an unusual metric.