John Lewis Managing Director Quits Job After Less Than Three Years
Peter Ruis' surprise departure comes as the company faces “really tough” trading conditions.
e-commerce
Workplace & Talent
Explainer: The Myths and Realities of Retail Crime
The impact of losses caused by shoplifting is complicated, and numbers alone don’t tell the whole story — the consequences can reach everything from employee morale to customer experience.
Explainer: The Myths and Realities of Retail Crime
The impact of losses caused by shoplifting is complicated, and numbers alone don’t tell the whole story — the consequences can reach everything from employee morale to customer experience.
Global Markets
JD.com to Shut Indonesia, Thailand Shopping Sites in Focus Shift
Chinese online retailer JD.com Inc. is closing its Indonesia and Thailand e-commerce sites as the company shifts its overseas strategy toward supply-chain and logistics services.
JD.com to Shut Indonesia, Thailand Shopping Sites in Focus Shift
Chinese online retailer JD.com Inc. is closing its Indonesia and Thailand e-commerce sites as the company shifts its overseas strategy toward supply-chain and logistics services.
Retail
Ssense Is the Latest Fashion Company to Reduce Headcount
The Montreal-based e-commerce retailer laid off 138 employees last week, or 7 percent of its total workforce.
Ssense Is the Latest Fashion Company to Reduce Headcount
The Montreal-based e-commerce retailer laid off 138 employees last week, or 7 percent of its total workforce.
Retail
Shein’s Years of Explosive Growth Are Over. What’s Next?
The fast-fashion retailer has seen sales decline in six of the last seven months, as the novelty of its endless selection of trendy, ultra-cheap clothes wears off.
Shein’s Years of Explosive Growth Are Over. What’s Next?
The fast-fashion retailer has seen sales decline in six of the last seven months, as the novelty of its endless selection of trendy, ultra-cheap clothes wears off.
Retail
The RealReal Names New CEO
The fashion resale platform has named John Koryl as chief executive and a member of its board of directors.
The RealReal Names New CEO
The fashion resale platform has named John Koryl as chief executive and a member of its board of directors.
Workplace & Talent
How Brands Can Create Retail Jobs People Actually Want
SMCP Group, the french parent of accessible luxury labels Sandro, Maje, Claudie Pierlot & De Fursac, is launching an academy to make the store associate role more modern and exciting.
How Brands Can Create Retail Jobs People Actually Want
SMCP Group, the french parent of accessible luxury labels Sandro, Maje, Claudie Pierlot & De Fursac, is launching an academy to make the store associate role more modern and exciting.
Direct-to-Consumer
Case Study | How to Build a Profitable DTC Brand
With the direct-to-consumer funding heyday now over, DTC brands need to turn a profit. Unlike their revenue-obsessed counterparts, DTC pioneers Marine Layer, Meundies and Trinny London offer a blueprint for achieving both top- and bottom-line growth.
Case Study | How to Build a Profitable DTC Brand
With the direct-to-consumer funding heyday now over, DTC brands need to turn a profit. Unlike their revenue-obsessed counterparts, DTC pioneers Marine Layer, Meundies and Trinny London offer a blueprint for achieving both top- and bottom-line growth.
Retail
Rent the Runway Will Sell Secondhand Items on Amazon
The online rental platform is launching an Amazon Fashion storefront, it announced Tuesday.
Rent the Runway Will Sell Secondhand Items on Amazon
The online rental platform is launching an Amazon Fashion storefront, it announced Tuesday.
Retail
Asos Identifies Cost Savings After Christmas Sales Slide
Asos said operational changes would help deliver a £300 million benefit to its current financial year, giving the group a much-needed lift after sales fell over Christmas.
Asos Identifies Cost Savings After Christmas Sales Slide
Asos said operational changes would help deliver a £300 million benefit to its current financial year, giving the group a much-needed lift after sales fell over Christmas.
Partner Content
How Emerging Consumer Sentiment Should Inform Your Returns Process
E-commerce returns company Happy Returns, a PayPal company, and research firm TRC surveyed over 2,000 US consumers on their evolving shopping habits and attitudes towards online returns to enable merchants to optimise strategies. Discover key insights from the downloadable report here alongside BoF analysis.
How Emerging Consumer Sentiment Should Inform Your Returns Process
E-commerce returns company Happy Returns, a PayPal company, and research firm TRC surveyed over 2,000 US consumers on their evolving shopping habits and attitudes towards online returns to enable merchants to optimise strategies. Discover key insights from the downloadable report here alongside BoF analysis.
Luxury
Rethinking Luxury’s Distribution Strategy
Luxury brands and retailers’ business models and channel strategies are undergoing deep shifts, both online and off, as they adjust to new customer behaviours, reports The State of Fashion 2023.
Rethinking Luxury’s Distribution Strategy
Luxury brands and retailers’ business models and channel strategies are undergoing deep shifts, both online and off, as they adjust to new customer behaviours, reports The State of Fashion 2023.
Retail
Why 2023 Will Set a New Baseline for Retail
As pandemic-driven disruptions subside, brands and retailers have a brand new slate with which to measure growth and progress.
Why 2023 Will Set a New Baseline for Retail
As pandemic-driven disruptions subside, brands and retailers have a brand new slate with which to measure growth and progress.
The News in Brief
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.
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.