Style Capital Acquires Alessandro Dell’Acqua’s N21
Financial details of the deal for the Milan-based brand weren’t disclosed.
Cyber Monday
Latest News & Analysis
Retail
The Holiday Shopping Season Starts Now. Are Retailers Ready?
This week, everyone will be talking about Black Friday and Cyber Monday, PVH Corp.'s financial results and hunt for another brand to buy, and a new exhibition of vintage fashion at The Metropolitan Museum of Art. Get your BoF Professional Cheat Sheet here.
Retail
UK Shoppers to Shrug off Retail Blues in Pre-Christmas Spree
Online retailers including Asos are banking on a surge in Black Friday sales, as 87 percent of consumers plan to spend more than they did last year.
Retail
Cyber Monday Sales Hit Record in Holiday Shopping Blitz
Revenue of $7.9 billion made it the largest online shopping day of all time in the US.
Retail
Blockbuster Cyber Monday Is Overshadowed by Economic Outlook
Despite record spending on Cyber Monday, rising interest rates and an escalating trade war mean US retailers are still facing squeezed profit margins.
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News & Analysis
Online Surge Marks Start of Thanksgiving Sales
Holiday sales this year are set to reach a record $701 billion, led by e-commerce and consumer electronics.
News & Analysis
The Art of the Markdown
End-of-season sales offer an opportunity for retailers to offload inventory and drive traffic. But there’s a fine line between discounting and desperation.
News & Analysis
Retail Stocks Climb After Strong Start to Holiday Sales
Cyber Monday is expected to drive $6.6 billion in internet sales this year as the biggest US online shopping day on record.
News & Analysis
Online Sales Boost UK Black Friday as Retail Stores Languish
E-commerce sales were up by 6 percent, while the number of shoppers in stores was down by 3.6 percent.
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News & Analysis
US Online Sales Surge, Shoppers Throng Stores on Thanksgiving Evening
Surging online sales and a shift away from store shopping have thinned the crowds typically seen at stores on Thanksgiving evening and Black Friday.
News & Analysis
Online Retailers Navigate the Cyber Monday Conundrum
Brands don’t want you to wait until after Thanksgiving to start buying. They want you to spend now. In fact, they may be counting on it.
News & Analysis
Retailers’ Holiday Strategy Doesn’t Have to Be “Discount Everything”
"Retailers should know that there are alternatives to engaging in price-to-price combat."
News & Analysis
Cyber Monday Sales Biggest Online Shopping Day in US History
The data compiled by Adobe Digital Insights, easily surpassed prior estimates, and dismissed fears that strong web sales during the Thanksgiving weekend would hurt sales on Cyber Monday.
The News in Brief
Lagos Fashion Week Continues to Flex its Pan-African Muscle
The buzzy Nigerian fashion event has attracted a cohort from across the continent, with designers from South Africa, Uganda and Morocco presenting their collections in the Nigerian city.
Estée Lauder Raises Outlook, Buoyed by Perfume Demand
Demand for the US conglomerate’s luxury fragrance brands like Le Labo, Tom Ford and By Kilian offset weaker performance from its makeup and haircare divisions.
Bangladesh Sets Up Wage Board as Garment Worker Unrest Shuts Factories
Violent protests over pay levels forced the closure of more than 500 factories over the weekend.
Premium Skincare Brand Colorescience Names New CEO
Former Kiehl’s general manager John Reed will lead the label, which was acquired by Roundtable Healthcare Partners earlier this year.
Proya Third-Quarter Revenue Grows, Profit Dented by Marketing Spend
The Chinese beauty conglomerate’s revenue grew 29.8 percent in the latest quarter, but its profit decreased by double digits due to increased promotional expenses as it expands overseas.
Michael Kors Owner Capri Soars After Raising Annual Forecasts
Shares jumped after the group raised its annual revenue and profit forecasts and said it expected sales to return to growth.
Puma Sales Slow Less Than Expected as Anta Partnership Advances
The German sportswear business is attempting to reboot its brand appeal to better compete with larger rivals Adidas and Nike.