Harper’s Bazaar to Launch Philippine Edition
Hearst Magazines International is partnering with Philippine media group AGC Power Holdings to launch the fashion title in November 2027.
fast-fashion
Retail
Op-Ed | How Small Will Beat Big and Save the Fashion Industry
The status quo spells certain death for design-driven brands unless they tap new technologies and Economies of Small, argues Lawrence Lenihan.
Retail
H&M Misses Forecasts As Fast Fashion Pressure Builds
After decades of strong growth, H&M has repeatedly missed sales forecasts over the past year as pressure in the fast fashion market builds from its budget rivals and new online players.
Retail
Inditex Posts 18 Percent Rise in First-Quarter Profit
Inditex, the world's biggest clothing retailer and owner of the Zara brand, said on Wednesday that net profit rose to €654 million while earnings reached €1.1 billion.
News & Analysis
Boohoo.com Taps Investors to Help Fund Growth as Sales Boom
Boohoo raised £50 million in a share placement to help fund the construction of a new warehouse as it reported booming quarterly sales and raised its annual forecast.
News & Analysis
Op-Ed | As Shoppers Look Elsewhere, Topshop Needs Philip Green's Cash
Topshop has been quick to embrace social media and other technologies to engage with consumers. But it needs to do more. Asos and Boohoo aren't standing still.
Retail
Arcadia's Profit Slides, Capping Dire Year for Philip Green
Adjusted operating profit at Green’s Arcadia Group fell 16.5 percent to £211.2 million in the year ended August 27, accounts filed at Companies House show.
News & Analysis
New Look Struggles With Shoppers' 'Buy Now, Wear Now' Mentality
New Look, which operates 872 stores selling fashion for women and teenage girls, joins other UK apparel sellers such as Next and Marks & Spencer in the retail doldrums.
News & Analysis
Can Nasty Gal Be Saved?
Fastest-fashion player Boohoo is doubling down on its effort to bring Nasty Gal back from the brink after acquiring the troubled brand’s intellectual property for a song in February. But is it too late for a turnaround?
News & Analysis
Topshop Australia Enters Voluntary Administration
The move, just six years after Topshop launched in Australia, reflects the tough trading conditions facing the country's bricks-and-mortar retailers.
News & Analysis
Boohoo Sees Profits Double, Raises Revenue Forecasts
Boohoo reported a doubling in annual profit, driven by growth in new customers, and said revenue should rise by about 50 percent in 2017-18 as it benefits from recent acquisitions.
Financial Markets
Uniqlo Parent Fast Retailing's Profit Increases Amid Global Expansion
The results show cost cuts by chairman Tadashi Yanai are allowing the retailer to push margins up amid sluggish demand that caused sales to drop in two of three months last quarter.
News & Analysis
India's Flipkart Raises $1.4 billion in Biggest Ever Funding Round
The news comes amid strong but unconfirmed speculation that Flipkart is looking at a potential takeover of smaller rival Snapdeal.
The News in Brief
Sycamore Said to Near Deal to Sell Boots
The private equity firm is nearing a deal, valued at $9 billion, to sell the UK health and beauty retail business to the Canadian branch of the billionaire Weston family, a source told Bloomberg.
Pandora Opens World’s Largest Jewellery Factory in Vietnam
The $150 million plant is the Danish jewellers first outside of Thailand, part of a bid to diversify its manufacturing footprint and boost supply-chain resilience.
Luca de Meo Says Italy Remains Key, Rules Out Production Shift
The Kering CEO also denied any interest in buying a minority stake in Armani, adding that the group was focusing on other challenges.
H&M, Adidas and Inditex Back New Effort to Address ‘Waste Colonialism’
The new initiative will explore how the industry can take responsibility for the millions of used and unsold garments exported to secondhand markets around the world.
Dyson’s $499 AI Toothbrush Sees Rocky Debut
The UK firm blamed a production error resulting in ‘water seepage’ for the disappearance of its newly launched camera-equipped toothbrush from stores.
Sephora to Launch at Marks & Spencer
‘Sephora at M&S’ will roll out in M&S stores and online starting next spring, with plans to expand to 100 locations by the end of 2028.
Novo Buys Rights to Early Obesity Pill For $2.6 Billion
The Wegovy maker has signed a deal to license an experimental obesity pill from China’s Jiangsu Hengrui Pharmaceuticals as it seeks to regain share of the global GLP-1 market.