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.
fast-fashion
Retail
Zara Founder Shields Inditex Stake to Maintain Family Control
Amancio Ortega has put a majority stake in the firm that owns the Zara fashion chain into a holding company to ensure family control remains unassailable after he dies.
Retail
Op-Ed | Asos Can't Hide from Brexit
The online retailer has been nicely protected from Brexit, but if the British shopper starts to cut back, some of the heady advantage it's enjoyed may start to fizzle out.
Retail
Asos Lures Overseas Customers Thanks to Weak Pound
The decline in the pound has been a boon to Asos because it generates about 62 percent of its sales from overseas customers.
Retail
Are Fast Fashion Disruptors in Danger of Disruption?
The Asian and European fast fashion giants that disrupted American retail are now themselves feeling pressure.
Retail
Op-Ed | Arket Launch Is Smart, but H&M Must Get Core Brand Marching Again
H&M's core brand is under pressure from cheaper rivals, such as Primark and Boohoo. So its response, to diversify into new brands with a different aesthetic and higher prices, is smart.
Retail
H&M Invests in Supply Chain as Fashion Rivalry Intensifies
After years of hectic expansion across the world, H&M's profitability has faltered as Inditex and online specialist ASOS gain an edge in fast fashion.
Retail
BoF Exclusive | H&M Launches New Brand: Arket
BoF can exclusively reveal that the Swedish fast-fashion giant is launching a new brand rooted in "style beyond trend."
Retail
Zara Founder to Donate $344 million for Breast Cancer-Screening
The donation will be the biggest outlay to date by the Amancio Ortega Foundation, which is funded by dividend payments from Inditex, the world's biggest fashion retailer and owner of the Zara chain.
Retail
How 'Brazil's H&M' Defied the Recession
Fast fashion giant Riachuelo has been turning a profit and expanding rapidly. But how did the billion-dollar giant navigate the country’s crisis?
Retail
Uniqlo Bets On Speed to Take on Zara for Global Sales Crown
Fast Retailing plans to shorten the time it takes from design to delivery to about 13 days, roughly the same as its competitor Zara.
Retail
Op-Ed | If Zara Is Falling to Earth, Pity Retail's Mere Mortals
Same-store sales rose 10 percent in the year through January, the fastest rate in 14 years. By contrast, many competitors are struggling to generate growth on the same basis.
Retail
Fast Fashion Fading as H&M, Zara Shine Light on Strains
Retailers' recent results illustrate the difficulties facing the fashion industry as consumers divert spending to leisure activities and buy more of their apparel from a rising number of online suppliers.
The News in Brief
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.
Oura Delays US IPO
The smart ring maker said on Tuesday it has delayed its US initial public offering, citing market uncertainty.
Maxhosa Africa Brings Pan-Africanism to Paris Fashion Week
Creative director Laduma Ngxokolo’s label is the first South African brand to stage a full runway show on the official Paris Fashion Week calendar.
Shein Shares Sink to Record Low After Profit Plunge
The ultra-fast-fashion giant’s share price fell 12 percent after it reported a steep drop in first-half operating income in its inaugural earnings as a public company.