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.”
earnings-report
Financial Markets
What’s Driving Aeffe’s Surge?
The Italian fashion and luxury group’s profits grew 144 percent in the first nine months of 2017. BoF uncovers the secrets to its success.
What’s Driving Aeffe’s Surge?
The Italian fashion and luxury group’s profits grew 144 percent in the first nine months of 2017. BoF uncovers the secrets to its success.
Retail
J. Crew's Sales Plummet, Overshadowing Growth at Madewell Brand
The company has made progress cutting expenses and boosting margins and expects to close 50 stores this year.
J. Crew's Sales Plummet, Overshadowing Growth at Madewell Brand
The company has made progress cutting expenses and boosting margins and expects to close 50 stores this year.
Financial Markets
Neiman Marcus Sees Key Sales Figure Rise for First Time in Two Years
The figure includes a 14 percent increase in online sales, which now account for about one-third of total sales.
Neiman Marcus Sees Key Sales Figure Rise for First Time in Two Years
The figure includes a 14 percent increase in online sales, which now account for about one-third of total sales.
Financial Markets
Urban Outfitters Beats Wall Street Forecasts
The parent company of Urban Outfitters and Anthropologie posted revenue of $892.8 million in the third quarter.
Urban Outfitters Beats Wall Street Forecasts
The parent company of Urban Outfitters and Anthropologie posted revenue of $892.8 million in the third quarter.
Financial Markets
Abercrombie Shares Surge on Hollister Sales Jump
Abercrombie & Fitch forecast robust sales for the holiday quarter as its surf-wear brand Hollister helped revive the previously struggling retailer.
Abercrombie Shares Surge on Hollister Sales Jump
Abercrombie & Fitch forecast robust sales for the holiday quarter as its surf-wear brand Hollister helped revive the previously struggling retailer.
Financial Markets
Gap’s Old Navy Boosts Hopes for Turnaround
Gap Inc posted third-quarter earnings that topped analysts’ estimates as comparable sales grew at both the flagship brand — the first time in 15 quarters — and value-focused Old Navy.
Gap’s Old Navy Boosts Hopes for Turnaround
Gap Inc posted third-quarter earnings that topped analysts’ estimates as comparable sales grew at both the flagship brand — the first time in 15 quarters — and value-focused Old Navy.
Retail
Wal-Mart Growth Hits Post-Recession High as It Chases Amazon
The world’s biggest retailer has now delivered 13 consecutive quarters of sales growth in its home market, helped by price cuts, cleaner stores and an aggressive push online.
Wal-Mart Growth Hits Post-Recession High as It Chases Amazon
The world’s biggest retailer has now delivered 13 consecutive quarters of sales growth in its home market, helped by price cuts, cleaner stores and an aggressive push online.
Financial Markets
L Brands Meets Third Quarter Profit Forecasts
The owner of Victoria's Secret, Bath & Body Works and other chain stores posted revenue of $2.62 billion in the period, which beat Wall Street forecasts.
L Brands Meets Third Quarter Profit Forecasts
The owner of Victoria's Secret, Bath & Body Works and other chain stores posted revenue of $2.62 billion in the period, which beat Wall Street forecasts.
Financial Markets
Farfetch Sales Jump in Road to Potential IPO
Revenues and gross profits at the fashion-tech giant grew by 74 percent each in 2016, as significant investments in China and other emerging markets come to fruition. Will it earn that reported $5 billion valuation?
Farfetch Sales Jump in Road to Potential IPO
Revenues and gross profits at the fashion-tech giant grew by 74 percent each in 2016, as significant investments in China and other emerging markets come to fruition. Will it earn that reported $5 billion valuation?
Financial Markets
Macy's Sales Disappoint but Chain Remains Optimistic Ahead of Holidays
The season marks a crossroads for the largest US department-store chain, which is trying to get back on its feet after three punishing years.
Macy's Sales Disappoint but Chain Remains Optimistic Ahead of Holidays
The season marks a crossroads for the largest US department-store chain, which is trying to get back on its feet after three punishing years.
Financial Markets
Adidas Outruns Rival Nike Even as Revenue Growth Rate Slows
Revenue increased by 8.7 percent, less than half the growth rate in the previous quarter, and operating profit advanced 35 percent to €795 million.
Adidas Outruns Rival Nike Even as Revenue Growth Rate Slows
Revenue increased by 8.7 percent, less than half the growth rate in the previous quarter, and operating profit advanced 35 percent to €795 million.
The News in Brief
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.
L’Oréal Steals French Stock Market Crown From LVMH
The cosmetics group became France’s most valuable listed company on Tuesday, the first time since 2017 that a non-luxury company has claimed the top spot at the end of a trading day.
Authentic Brands Targets Creator Economy, Eyes Public Offering
The licensor could pursue an IPO as early as the first half of next year.
Vogue Mexico and Latin America Editor-in-Chief Karla Martinez de Salas to Step Down
The industry veteran is joining Latino-focused media platform Avance Global to establish a new lifestyle brand that will span fashion, design, travel, food, culture and entertainment.
Prada Revamps Milan Flagship to Cater to Top Clients and New Shoppers
The group is hoping the renovated eight-level complex can generate €100 million in annual revenue, chief executive Andrea Guerra told Reuters.
JD Sports Names New North America CEO, Chief Marketing Officer
The sneaker retailer is shaking up its North American leadership as it looks to reverse soft sales and an extended slump in the stock market.