Thom Bettridge to Step Down as I-D Editor in Chief
Global editorial director Steff Yotka will succeed Bettridge, who is leaving to focus on his creative studio Content World.
e-commerce
Retail
Etsy, Other E-Commerce Companies Feel Squeeze of SVB Collapse
Etsy on Monday resumed payments to merchants with Silicon Valley Bank accounts after the e-commerce platform paused their payouts over the weekend following the US government shutdown of the bank last week.
Etsy, Other E-Commerce Companies Feel Squeeze of SVB Collapse
Etsy on Monday resumed payments to merchants with Silicon Valley Bank accounts after the e-commerce platform paused their payouts over the weekend following the US government shutdown of the bank last week.
Partner Content
How Brands and Retailers Are Shaping the Resale Experience
Discover best practices on how fashion companies can effectively enter or elevate their presence in the fashion resale space, with key insights from branded recommerce solutions company Trove’s inaugural report, ‘Brand Resale Index 2023,’ and BoF’s own content.
How Brands and Retailers Are Shaping the Resale Experience
Discover best practices on how fashion companies can effectively enter or elevate their presence in the fashion resale space, with key insights from branded recommerce solutions company Trove’s inaugural report, ‘Brand Resale Index 2023,’ and BoF’s own content.
Global Markets
Fashion’s Fragile Recovery in Latin America
The apparel and footwear market in Colombia rebounded faster than in Brazil or Mexico, but Chile and Peru may not recover to pre-pandemic sales levels for years. Where are the region’s next growth opportunities?
Fashion’s Fragile Recovery in Latin America
The apparel and footwear market in Colombia rebounded faster than in Brazil or Mexico, but Chile and Peru may not recover to pre-pandemic sales levels for years. Where are the region’s next growth opportunities?
China
China’s JD.com Misses Estimates for Quarterly Revenue
Chinese e-commerce firm JD.com Inc narrowly missed estimates for fourth-quarter revenue on Thursday as Covid lockdowns in the country fueled economic uncertainty and pressured spending.
China’s JD.com Misses Estimates for Quarterly Revenue
Chinese e-commerce firm JD.com Inc narrowly missed estimates for fourth-quarter revenue on Thursday as Covid lockdowns in the country fueled economic uncertainty and pressured spending.
Retail
Report: Shein Set to Raise $2 Billion, Eyes Us IPO Later This Year
UAE’s sovereign wealth fund Mubadala is a major investor in this round as are existing investors, private equity firm General Atlantic (GA) and venture capital group Sequoia Capital China, said two of the people and a separate person with knowledge of the matter.
Report: Shein Set to Raise $2 Billion, Eyes Us IPO Later This Year
UAE’s sovereign wealth fund Mubadala is a major investor in this round as are existing investors, private equity firm General Atlantic (GA) and venture capital group Sequoia Capital China, said two of the people and a separate person with knowledge of the matter.
Retail
Zalando’s 2022 Earnings Beat Estimates in Profitability Push
The Berlin-based e-commerce platform reported adjusted earnings before interest and taxes of €184.6 million ($197 million) last year, it said in a statement Tuesday.
Zalando’s 2022 Earnings Beat Estimates in Profitability Push
The Berlin-based e-commerce platform reported adjusted earnings before interest and taxes of €184.6 million ($197 million) last year, it said in a statement Tuesday.
Sustainability
At the Home of Zara, Fast and Slow Fashion Collide
A Coruna, Spain is the unlikely headquarters of the world’s biggest fast-fashion retailer, but also where a host of small boutiques pitch themselves as the antidote to constant growth and newness.
At the Home of Zara, Fast and Slow Fashion Collide
A Coruna, Spain is the unlikely headquarters of the world’s biggest fast-fashion retailer, but also where a host of small boutiques pitch themselves as the antidote to constant growth and newness.
Retail
Parade Inks Target Partnership
The direct-to-consumer underwear brand is now sold in 400 of the chain’s big-box stores nationwide — its second wholesale deal after Urban Outfitters.
Parade Inks Target Partnership
The direct-to-consumer underwear brand is now sold in 400 of the chain’s big-box stores nationwide — its second wholesale deal after Urban Outfitters.
Direct-to-Consumer
Warby Parker Beats Revenue Estimates, Narrows Losses
The eyewear maker on Tuesday reported a 10 percent increase in revenue to $147 million in the final quarter of 2022, coming in above company and analysts’ estimates.
Warby Parker Beats Revenue Estimates, Narrows Losses
The eyewear maker on Tuesday reported a 10 percent increase in revenue to $147 million in the final quarter of 2022, coming in above company and analysts’ estimates.
Beauty
Case Study | Inside Beauty’s Biggest Disruptor
E.l.f.’s story is about how an upstart-turned-industry juggernaut brought its growth ambitions to life, with some tough lessons along the way.
Case Study | Inside Beauty’s Biggest Disruptor
E.l.f.’s story is about how an upstart-turned-industry juggernaut brought its growth ambitions to life, with some tough lessons along the way.
Retail
Zalando to Cut Hundreds of Jobs
Zalando said the pandemic had boosted business in 2020 and 2021, but these tailwinds had faded since 2022 and the macroeconomic environment had become more challenging.
Zalando to Cut Hundreds of Jobs
Zalando said the pandemic had boosted business in 2020 and 2021, but these tailwinds had faded since 2022 and the macroeconomic environment had become more challenging.
Retail
Forever 21 Relaunches in Japan As Upscale Clothier
About 80 percent of Forever 21′s new collection, which will launch in the fashion-crazy country Tuesday via online sales and a pop-up store in central Tokyo, will be developed by local partner Adastria Co., Japan’s third-largest apparel maker.
Forever 21 Relaunches in Japan As Upscale Clothier
About 80 percent of Forever 21′s new collection, which will launch in the fashion-crazy country Tuesday via online sales and a pop-up store in central Tokyo, will be developed by local partner Adastria Co., Japan’s third-largest apparel maker.
The News in Brief
Under Armour Forecasts Steeper Annual Sales Decline
The athletic apparel maker is struggling with weak consumer demand amid macroeconomic uncertainty in its key North American market.
Skims to Enter India Through Partnership With Reliance Brands
The luxury arm of Reliance Retail will operate the Skims brand across physical and digital channels, beginning with Delhi and Mumbai.
Vogue World 2027 Will Be Held in San Francisco
The sixth edition of the annual runway spectacle will return to the US after this year's outing in Milan.
Capri Cuts Revenue Outlook as Iran War Hits Michael Kors Sales
Congestion at ports in Asia combined with weaker demand across Europe and emerging markets from the war hurt sales, the company said.
Sydney Towle, Influencer and Health Activist, Has Died
Towle, known for sharing her life as a young woman living with cancer, passed away aged 26 on Wednesday.
Ralph Lauren Beats Estimates on Demand From Affluent Shoppers
Strong sales among young and affluent shoppers helped drive quarterly revenue above analysts' expectations.
Kenvue Misses Estimates as Inflation, Tariffs Squeeze Margins
The US consumer health company and parent of Neutrogena narrowly missed Wall Street estimates for second-quarter results as tariffs and currency-related costs offset sales gains.