John Lewis Managing Director Quits Job After Less Than Three Years
Peter Ruis' surprise departure comes as the company faces “really tough” trading conditions.

The layoffs will be part of the retailer's pivot toward e-commerce.

The layoffs will be part of the retailer's pivot toward e-commerce.

For founders of undercapitalised, unprofitable DTC brands, partnering with a strategic player earlier than anticipated is a success, not a failing, argues Matt Kaden.

For founders of undercapitalised, unprofitable DTC brands, partnering with a strategic player earlier than anticipated is a success, not a failing, argues Matt Kaden.

Gone are the days of aggressive customer acquisition, returns on paid marketing investment and single hero products as surefire ways to capture the imagination of the coveted Millennial and Gen-Z consumer.

Gone are the days of aggressive customer acquisition, returns on paid marketing investment and single hero products as surefire ways to capture the imagination of the coveted Millennial and Gen-Z consumer.

For apparel labels reliant on multi-brand retailers for sales, developing a direct business has never been more important. But how can you go DTC in the middle of the pandemic? Here’s BoF’s guide to pivoting online during a time – and cash – crunch.

For apparel labels reliant on multi-brand retailers for sales, developing a direct business has never been more important. But how can you go DTC in the middle of the pandemic? Here’s BoF’s guide to pivoting online during a time – and cash – crunch.

Online brands were facing profitability challenges before the crisis struck. Now, they must confront dramatically lower valuations and the possibility of being sold in distress — or worse.

Online brands were facing profitability challenges before the crisis struck. Now, they must confront dramatically lower valuations and the possibility of being sold in distress — or worse.

Global brands need to up their game if they want to compete with fast-moving Chinese beauty players building billion-dollar businesses that are fine-tuned for the local market.

Global brands need to up their game if they want to compete with fast-moving Chinese beauty players building billion-dollar businesses that are fine-tuned for the local market.

As direct-to-consumer product companies confront an unsustainable focus on top line growth, their backers too are shifting gears, opting to invest more cautiously and with tempered expectations.

As direct-to-consumer product companies confront an unsustainable focus on top line growth, their backers too are shifting gears, opting to invest more cautiously and with tempered expectations.

From financing to navigating a shifting retail market, a host of obstacles are standing between emerging designers and sustainable growth.

From financing to navigating a shifting retail market, a host of obstacles are standing between emerging designers and sustainable growth.

With increased competition and costs mounting, the playbook for selling products direct is changing. Here's how to do it in 2020.

With increased competition and costs mounting, the playbook for selling products direct is changing. Here's how to do it in 2020.

Brands like Everlane, Reformation and Veja have grabbed the attention of coveted Millennial and Gen-Z consumers with promises of radical transparency on company ethics, sustainability and pricing. But following through is a delicate balancing act. Our latest in-depth case study investigates.

Brands like Everlane, Reformation and Veja have grabbed the attention of coveted Millennial and Gen-Z consumers with promises of radical transparency on company ethics, sustainability and pricing. But following through is a delicate balancing act. Our latest in-depth case study investigates.

This week, everyone will be talking about Casper's IPO, the state of New York Fashion Week and Macy's strategy update. Get your BoF Professional Cheat Sheet.

This week, everyone will be talking about Casper's IPO, the state of New York Fashion Week and Macy's strategy update. Get your BoF Professional Cheat Sheet.

"DTC brands will either take down rounds, seek lifeline financing, get rolled up by private investors or expand into tangential categories to evolve

"DTC brands will either take down rounds, seek lifeline financing, get rolled up by private investors or expand into tangential categories to evolve
Peter Ruis' surprise departure comes as the company faces “really tough” trading conditions.
The upscale department store says it will not be able to survive another year without new investment, as bidders for the chain circle.
Bloomberg Intelligence estimates the ultra-fast fashion retailer supports a valuation of $22 billion to $25 billion, well below the roughly $30 billion valuation some investors have pushed for.
Global editorial director Steff Yotka will succeed Bettridge, who is leaving to focus on his creative studio Content World.
The athletic apparel maker is struggling with weak consumer demand amid macroeconomic uncertainty in its key North American market.
The luxury arm of Reliance Retail will operate the Skims brand across physical and digital channels, beginning with Delhi and Mumbai.
The sixth edition of the annual runway spectacle will return to the US after this year's outing in Milan.
Congestion at ports in Asia combined with weaker demand across Europe and emerging markets from the war hurt sales, the company said.