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.
direct-to-consumer
Retail
How to Turn a Trendy Hit Into a Forever Best Seller
Norma Kamali has lasted 55 years in fashion by strategically reviving old styles and making them relevant for new customers. The formula requires more than a flip through the archives, though.
How to Turn a Trendy Hit Into a Forever Best Seller
Norma Kamali has lasted 55 years in fashion by strategically reviving old styles and making them relevant for new customers. The formula requires more than a flip through the archives, though.
Direct-to-Consumer
ThirdLove Acquires Gen-Z Underwear Brand Kit Undergarments
The direct-to-consumer bra startup will relaunch Kit Undergarments on the ThirdLove website this week, the company announced Monday, Apr. 25.
ThirdLove Acquires Gen-Z Underwear Brand Kit Undergarments
The direct-to-consumer bra startup will relaunch Kit Undergarments on the ThirdLove website this week, the company announced Monday, Apr. 25.
Retail
The Debrief: Why Shein Is Valued at $100 Billion
BoF’s Cathaleen Chen joins chief correspondent Lauren Sherman to unpack the fast fashion giant’s path to its astronomical valuation.
The Debrief: Why Shein Is Valued at $100 Billion
BoF’s Cathaleen Chen joins chief correspondent Lauren Sherman to unpack the fast fashion giant’s path to its astronomical valuation.
Retail
How Brands Can Deal With Rising Costs
From altering products to buying materials in bulk, brands and retailers are adapting to a volatile market.
How Brands Can Deal With Rising Costs
From altering products to buying materials in bulk, brands and retailers are adapting to a volatile market.
Sports
Activewear’s Biggest Disruptors
Breaking into the $384 billion sports apparel market is no easy task, but fast-growing start-ups are stealing market share by creating specialised, fashion-forward products around underserved interests.
Activewear’s Biggest Disruptors
Breaking into the $384 billion sports apparel market is no easy task, but fast-growing start-ups are stealing market share by creating specialised, fashion-forward products around underserved interests.
Marketing
Calvin Klein’s New Strategy: Don’t Market the Dream, Market What Sells
As seen in its latest collaboration with skate brand Palace, Calvin Klein’s path forward is focused on highlighting its most successful categories like denim and underwear.
Calvin Klein’s New Strategy: Don’t Market the Dream, Market What Sells
As seen in its latest collaboration with skate brand Palace, Calvin Klein’s path forward is focused on highlighting its most successful categories like denim and underwear.
Retail
What Happens When the E-Commerce Boom Ends
Online sales growth is slowing, returning to its pre-pandemic trajectory. As shoppers head back into the store, their new expectations around service set the stage for the next chapter of retail.
What Happens When the E-Commerce Boom Ends
Online sales growth is slowing, returning to its pre-pandemic trajectory. As shoppers head back into the store, their new expectations around service set the stage for the next chapter of retail.
Beauty
Who Beauty Brands Are Hiring
Beauty brands are increasingly looking outside the industry for talent, and adapting executive roles to changes in the market.
Who Beauty Brands Are Hiring
Beauty brands are increasingly looking outside the industry for talent, and adapting executive roles to changes in the market.
Global Markets
Indian Cruelty-Free Beauty Brand Plum Raises $35 Million in New Funding
The series C round was led by by A91 Partners and the new capital will be used to grow Plum's omnichannel presence and expand into new product categories and geographic regions.
Indian Cruelty-Free Beauty Brand Plum Raises $35 Million in New Funding
The series C round was led by by A91 Partners and the new capital will be used to grow Plum's omnichannel presence and expand into new product categories and geographic regions.
China
Luxury Resale Heats Up in China
Local start-ups and a major global resale player are amping up investments in China, where policymakers and investors are betting on the circular economy.
Luxury Resale Heats Up in China
Local start-ups and a major global resale player are amping up investments in China, where policymakers and investors are betting on the circular economy.
Global Markets
Reliance Retail Acquires Lingerie and Personal Care Brand Clovia for $125 Million
Marking a continuation of the Indian retail giant’s acquisition spree, Reliance Retail Ventures Ltd. (RRVL) will take an 89 percent stake in Clovia’s parent Purple Panda Fashions Private Ltd.
Reliance Retail Acquires Lingerie and Personal Care Brand Clovia for $125 Million
Marking a continuation of the Indian retail giant’s acquisition spree, Reliance Retail Ventures Ltd. (RRVL) will take an 89 percent stake in Clovia’s parent Purple Panda Fashions Private Ltd.
Marketing
Skims Plots Its Next Moves: ‘We Don’t Have the Luxury of Failing’
Skims recently raised funding at a $3.2 billion valuation. Kim Kardashian and Jens Grede, in an exclusive interview with BoF, explain how the ‘solution wear’ empire plans to prove it’s more than a pandemic fad. First up: swimwear.
Skims Plots Its Next Moves: ‘We Don’t Have the Luxury of Failing’
Skims recently raised funding at a $3.2 billion valuation. Kim Kardashian and Jens Grede, in an exclusive interview with BoF, explain how the ‘solution wear’ empire plans to prove it’s more than a pandemic fad. First up: swimwear.
The News in Brief
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.
Ferragamo Returns to Profit as Relaunch Strategy Advances
The Italian luxury brand swung to a net profit for the first half after growing sales in the second quarter, with turnaround efforts particularly evident in its directly owned shops.