Alexandre Arnault Joins Nike’s Board of Directors
The LVMH executive joins Nike’s board as the sportswear giant prepares to be removed from the S&P 100 index after nearly two decades.
department-stores
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.
Retail
Sports Direct Says Debenhams Investors Back Ashley's Bid for CEO
The sportswear group, which has a near-30 percent stake in Debenhams, did not name or number the shareholders backing such a move.
Sports Direct Says Debenhams Investors Back Ashley's Bid for CEO
The sportswear group, which has a near-30 percent stake in Debenhams, did not name or number the shareholders backing such a move.
Retail
Mike Ashley Weighs Offer Valuing Debenhams at $81 Million
The offer is the latest of Ashley’s attempts to wrest control of the ailing department store and save his existing stake in the company.
Mike Ashley Weighs Offer Valuing Debenhams at $81 Million
The offer is the latest of Ashley’s attempts to wrest control of the ailing department store and save his existing stake in the company.
Retail
Boost for Champs Elysées as Galeries Lafayette Opens 'Concept' Store
As top-tier department stores pitch themselves as day-trip destinations to counter competition from online rivals such as Amazon, Galeries Lafayette will open a new outlet in Paris this week.
Boost for Champs Elysées as Galeries Lafayette Opens 'Concept' Store
As top-tier department stores pitch themselves as day-trip destinations to counter competition from online rivals such as Amazon, Galeries Lafayette will open a new outlet in Paris this week.
Retail
Neiman Marcus Creditors in Preliminary Agreement to Extend Debt Maturities
The agreement is a step toward restructuring borrowings for the heavily indebted company.
Neiman Marcus Creditors in Preliminary Agreement to Extend Debt Maturities
The agreement is a step toward restructuring borrowings for the heavily indebted company.
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
How Barneys Is Giving the Marijuana Lifestyle the Luxury Treatment
The high-end department store launched a range of pot-themed products this week in the latest sign that the drug is moving up the social ladder.
How Barneys Is Giving the Marijuana Lifestyle the Luxury Treatment
The high-end department store launched a range of pot-themed products this week in the latest sign that the drug is moving up the social ladder.
Retail
The New Rules of Brick-and-Mortar Retail
Amid an ongoing 'retail apocalypse' that’s wiping out thousands of stores, retailers are staking their future on a new generation of brick-and-mortar shops that are radically different from their predecessors.
The New Rules of Brick-and-Mortar Retail
Amid an ongoing 'retail apocalypse' that’s wiping out thousands of stores, retailers are staking their future on a new generation of brick-and-mortar shops that are radically different from their predecessors.
Retail
6 Things You Need to Know About the New Galeries Lafayette
The French department store’s new Champs-Elysées store is slated to open on March 28 as part of a wider reboot of the famed Parisian avenue.
6 Things You Need to Know About the New Galeries Lafayette
The French department store’s new Champs-Elysées store is slated to open on March 28 as part of a wider reboot of the famed Parisian avenue.
News & Analysis
Nordstrom Lifts Full-Year Guidance
"Digital sales jumped 16 percent during the fiscal year."
Nordstrom Lifts Full-Year Guidance
"Digital sales jumped 16 percent during the fiscal year."
Retail
Macy's Shares Rise as Investors Applaud Plan to Streamline Business
While the company said it can achieve growth in comparable-store sales, it won’t come immediately.
Macy's Shares Rise as Investors Applaud Plan to Streamline Business
While the company said it can achieve growth in comparable-store sales, it won’t come immediately.
Retail
Woolworths CEO Under Pressure as David Jones Struggles
Two Australian non-executive directors resigned from David Jones last week, hot on the heels of CEO David Thomas, the third head of that business to leave in five years.
Woolworths CEO Under Pressure as David Jones Struggles
Two Australian non-executive directors resigned from David Jones last week, hot on the heels of CEO David Thomas, the third head of that business to leave in five years.
The News in Brief
Matthieu Blazy, Sarah Burton, Haider Ackermann Among Nominees for BFC Designer of the Year
The Fashion Awards ceremony, set for Nov. 30, will also recognise the BFC’s second Vanguard award recipient, recognising emerging British design talent.
Supergoop Announces Chief Commercial Officer
The sunscreen label has appointed former Coty executive Jamie Parker to the newly created role as it gears up to become a “global skin health company.”
Mytheresa Owner’s Sales Rise as Ultra Wealthy Keep Shopping
LuxExperience posted a rise in sales as the luxury multibrand platform’s strategy of catering to the ultra wealthy helped it navigate a difficult environment for high-end fashion.
The Independents Acquires Production Studio Smuggler
The global collective has brought film studio Smuggler under its umbrella to bolster its entertainment capabilities.
L’Oréal Steals French Stock Market Crown From LVMH
The cosmetics group became France’s most valuable listed company on Tuesday, the first time since 2017 that a non-luxury company has claimed the top spot at the end of a trading day.
Authentic Brands Targets Creator Economy, Eyes Public Offering
The licensor could pursue an IPO as early as the first half of next year.
Vogue Mexico and Latin America Editor-in-Chief Karla Martinez de Salas to Step Down
The industry veteran is joining Latino-focused media platform Avance Global to establish a new lifestyle brand that will span fashion, design, travel, food, culture and entertainment.