Olaplex Names New CEO
Christoph Kaul will succeed Amanda Baldwin, who led the hair care label through its acquisition by Henkel earlier this year.
discounting
Retail
Is There Hope for Wholesale?
In the age of access, the wholesale distribution model, which comes with inventory risk and high working-capital requirements, no longer makes a lot of sense.
Is There Hope for Wholesale?
In the age of access, the wholesale distribution model, which comes with inventory risk and high working-capital requirements, no longer makes a lot of sense.
Retail
Live Event Debrief: How to Get Your Customers to Pay Full Price
Listen to Imran Amed in conversation with BoF’s chief New York correspondent Lauren Sherman, as she outlines how fashion retailers can shake the industry’s addiction to discounting.
Live Event Debrief: How to Get Your Customers to Pay Full Price
Listen to Imran Amed in conversation with BoF’s chief New York correspondent Lauren Sherman, as she outlines how fashion retailers can shake the industry’s addiction to discounting.
Retail
H&M First-Quarter Earnings Beat Estimates on Fewer Discounts
Pretax profit fell 17 percent to 1.04 billion Swedish krona ($112 million) despite the retailer introducing new products at lower prices to try to avoid massive discounts later.
H&M First-Quarter Earnings Beat Estimates on Fewer Discounts
Pretax profit fell 17 percent to 1.04 billion Swedish krona ($112 million) despite the retailer introducing new products at lower prices to try to avoid massive discounts later.
Retail
How to Get Your Customers to Pay Full Price
Discounting is rampant at retail, but these tactics can help you keep margins healthy.
How to Get Your Customers to Pay Full Price
Discounting is rampant at retail, but these tactics can help you keep margins healthy.
News & Analysis
The Double-Edged Sword of Discounting
Black Friday and Cyber Monday sales are slated to break yet another record this year, but retailers are facing growing pressure to begin promotions well before the end of the season.
The Double-Edged Sword of Discounting
Black Friday and Cyber Monday sales are slated to break yet another record this year, but retailers are facing growing pressure to begin promotions well before the end of the season.
Retail
Saks Off 5th Wants in on the Discount Retail Boom
Hudson’s Bay is trying to turn around its discount chain, after it reported falling same-store sales for the seventh time in the past eight quarters.
Saks Off 5th Wants in on the Discount Retail Boom
Hudson’s Bay is trying to turn around its discount chain, after it reported falling same-store sales for the seventh time in the past eight quarters.
News & Analysis
German Discount Retailer NKD Put Up for Sale, Sources Say
Private equity owner OpCapita is seeking a buyer for the company valued at €300-350 million, hoping to benefit from high equity valuations.
German Discount Retailer NKD Put Up for Sale, Sources Say
Private equity owner OpCapita is seeking a buyer for the company valued at €300-350 million, hoping to benefit from high equity valuations.
Retail
Wal-Mart's Online Sales Soar as It Pursues Amazon
Wal-Mart posted its fastest rise in online sales in five years, signalling the retailer is getting a payoff from an ambitious online expansion, which included last year’s $3.3 billion acquisition of Jet.com.
Wal-Mart's Online Sales Soar as It Pursues Amazon
Wal-Mart posted its fastest rise in online sales in five years, signalling the retailer is getting a payoff from an ambitious online expansion, which included last year’s $3.3 billion acquisition of Jet.com.
Retail
Target Profits Jump 8 Percent as Turnaround Gains Traction
The company's first-quarter profits jumped almost 8 percent as attempts to turn its business around appear to be gaining some traction but it still needs to find a way to thrive in the face of intense pressure from Amazon and Wal-Mart.
Target Profits Jump 8 Percent as Turnaround Gains Traction
The company's first-quarter profits jumped almost 8 percent as attempts to turn its business around appear to be gaining some traction but it still needs to find a way to thrive in the face of intense pressure from Amazon and Wal-Mart.
Retail
TJX Shares Fall After It Warns on Its Profit Outlook
The company, which operates T.J. Maxx and Marshalls, now expects full-year profit between $3.71 and $3.78 per share, far short of analyst expectations.
TJX Shares Fall After It Warns on Its Profit Outlook
The company, which operates T.J. Maxx and Marshalls, now expects full-year profit between $3.71 and $3.78 per share, far short of analyst expectations.
Retail
Britain's Sainsbury's Looks to Fashion Instead of Food
With apparel sales of almost £1 billion, Sainsbury's is now the UK’s 10th-largest clothing retailer by value and sixth-largest by number of garments sold.
Britain's Sainsbury's Looks to Fashion Instead of Food
With apparel sales of almost £1 billion, Sainsbury's is now the UK’s 10th-largest clothing retailer by value and sixth-largest by number of garments sold.
Retail
Walmart Admits it's Still Playing Catch-Up to Amazon
The world’s biggest retailer says it still has plenty of ground to cover as it expands its online business in the face of fierce competition from digital leaders like Amazon.
Walmart Admits it's Still Playing Catch-Up to Amazon
The world’s biggest retailer says it still has plenty of ground to cover as it expands its online business in the face of fierce competition from digital leaders like Amazon.
The News in Brief
Perelel Expands C-Suite, Tapping Rare Beauty’s CMO
Known for its prenatal vitamins, the wellness label has hired Rare Beauty's Ashley Murphy as its chief marketing officer, while Anjelika Temple moves into the chief creative officer role.
Swiss Watch Exports Grow for Fourth Month, Overcoming US Slump
Exports in August were buoyed by China and Japan, despite a sharp decline in shipments to the US.
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.
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.