Harvey Nichols Warns It Could Collapse Without Rescue Deal
The upscale department store says it will not be able to survive another year without new investment, as bidders for the chain circle.
e-commerce
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.
Global Markets
BoF Insights | Fashion in the Middle East: Optimism and Transformation
The region’s $89 billion fashion industry is set for unprecedented change in the upcoming years thanks to a mix of factors, from shifting consumer behaviours to new government investment policies, according to BoF Insights’ new report.
BoF Insights | Fashion in the Middle East: Optimism and Transformation
The region’s $89 billion fashion industry is set for unprecedented change in the upcoming years thanks to a mix of factors, from shifting consumer behaviours to new government investment policies, according to BoF Insights’ new report.
Retail
Etsy Shares Fall After Citron Research Calls Out Platform for Counterfeit Goods
Citron Research said on Thursday Etsy Inc has become one of the largest platforms in the world for counterfeit goods, sending the e-commerce firm’s shares down about 6 percent.
Etsy Shares Fall After Citron Research Calls Out Platform for Counterfeit Goods
Citron Research said on Thursday Etsy Inc has become one of the largest platforms in the world for counterfeit goods, sending the e-commerce firm’s shares down about 6 percent.
Retail
Chinese-Owned Rival to Shein Makes Splashy Super Bowl Debut
Chinese-owned e-commerce upstart Temu made its Super Bowl debut on Sunday, an unofficial coming-out party for an online shopping app that’s climbed American download charts since its debut late last year.
Chinese-Owned Rival to Shein Makes Splashy Super Bowl Debut
Chinese-owned e-commerce upstart Temu made its Super Bowl debut on Sunday, an unofficial coming-out party for an online shopping app that’s climbed American download charts since its debut late last year.
Retail
Falling Online Prices Point to US Goods Deflation Continuing
Prices for online goods in the United States fell 1 percent in January compared to the year before, the fifth consecutive monthly drop, according to new data that offered evidence of the momentum Federal Reserve officials see lowering overall inflation.
Falling Online Prices Point to US Goods Deflation Continuing
Prices for online goods in the United States fell 1 percent in January compared to the year before, the fifth consecutive monthly drop, according to new data that offered evidence of the momentum Federal Reserve officials see lowering overall inflation.
Direct-to-Consumer
Wholesale Brands Want to Be the New DTC Disruptors
Brands that once ruled multi-brand retailers are investing in DTC to build connections with customers and improve their margins. But like digitally native brands before them, they’re finding fatter profits remain elusive.
Wholesale Brands Want to Be the New DTC Disruptors
Brands that once ruled multi-brand retailers are investing in DTC to build connections with customers and improve their margins. But like digitally native brands before them, they’re finding fatter profits remain elusive.
Beauty
The Battle for India’s $16 Billion Beauty Market Intensifies
Digital-native brands with a razor-sharp focus on the latest trends jostle for position in a market set for rapid growth as big beauty conglomerates try to tighten their grip on power.
The Battle for India’s $16 Billion Beauty Market Intensifies
Digital-native brands with a razor-sharp focus on the latest trends jostle for position in a market set for rapid growth as big beauty conglomerates try to tighten their grip on power.
Workplace & Talent
How I Became... Chief Executive of Hodinkee
From working on the shop floor at Louis Vuitton to holding executive roles at Tag Heuer, Cartier, Tesla and Farfetch, Jeffery Fowler shares his career advice on advancing through the ranks in luxury retail.
How I Became... Chief Executive of Hodinkee
From working on the shop floor at Louis Vuitton to holding executive roles at Tag Heuer, Cartier, Tesla and Farfetch, Jeffery Fowler shares his career advice on advancing through the ranks in luxury retail.
Global Markets
The BoF Podcast | How Brands Can Court Luxury Shoppers in Japan
Christine Edman, executive officer of Japanese e-commerce site Zozo, talks about what makes the country’s consumers tick, and how the fashion landscape is set to shift in the years ahead.
The BoF Podcast | How Brands Can Court Luxury Shoppers in Japan
Christine Edman, executive officer of Japanese e-commerce site Zozo, talks about what makes the country’s consumers tick, and how the fashion landscape is set to shift in the years ahead.
Retail
Zara Says It’s Time Its Home Market Pays for Online Returns
Inditex SA, the owner of fast fashion chain Zara, will start charging Spanish shoppers for returning items bought online, mirroring a strategy it had previously rolled out in most of its other markets.
Zara Says It’s Time Its Home Market Pays for Online Returns
Inditex SA, the owner of fast fashion chain Zara, will start charging Spanish shoppers for returning items bought online, mirroring a strategy it had previously rolled out in most of its other markets.
Retail
BoF Insights | Can a New Investment Help eBay Build Luxury Resale Street Cred?
Investing in a VIP resale platform is another play from the e-commerce pioneer to win over luxury buyers and sellers.
BoF Insights | Can a New Investment Help eBay Build Luxury Resale Street Cred?
Investing in a VIP resale platform is another play from the e-commerce pioneer to win over luxury buyers and sellers.
Luxury
UK Watchdog Casts Eye on Richemont Deal to Sell Online Retailer to Farfetch
Britain’s competition watchdog on Tuesday said it was seeking comment on whether Richemont’s deal to offload most of its online fashion retailer YOOX Net-A-Porter (YNAP) to Farfetch could harm competition in the UK.
UK Watchdog Casts Eye on Richemont Deal to Sell Online Retailer to Farfetch
Britain’s competition watchdog on Tuesday said it was seeking comment on whether Richemont’s deal to offload most of its online fashion retailer YOOX Net-A-Porter (YNAP) to Farfetch could harm competition in the UK.
The News in Brief
Shein IPO Value Could Fall Short of $30 Billion Targeted by Some Investors
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.
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.
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.