Olaplex Names New CEO
Christoph Kaul will succeed Amanda Baldwin, who led the hair care label through its acquisition by Henkel earlier this year.
financial-results
Retail
American Eagle Hit by Weakened Demand
The US-based retailer saw shares drop by 7 percent amid sluggish demand and stiff competition in the retail space.
American Eagle Hit by Weakened Demand
The US-based retailer saw shares drop by 7 percent amid sluggish demand and stiff competition in the retail space.
Luxury
Richemont's Fashion Business: A Health Check
The Swiss luxury conglomerate has failed to turn brands like Chloé and Dunhill into a soft-luxury empire that can take on Kering and LVMH. Can recent operational changes turn the tide?
Richemont's Fashion Business: A Health Check
The Swiss luxury conglomerate has failed to turn brands like Chloé and Dunhill into a soft-luxury empire that can take on Kering and LVMH. Can recent operational changes turn the tide?
Luxury
Ralph Lauren Sales Soar, Defying Drag From Hong Kong
The luxury fashion house reported a 2 percent rise in revenue in North America thanks to a strengthened domestic market.
Ralph Lauren Sales Soar, Defying Drag From Hong Kong
The luxury fashion house reported a 2 percent rise in revenue in North America thanks to a strengthened domestic market.
Financial Markets
Under Armour Faces Federal Probe Over Accounting Practices
The sportswear company confirmed on Sunday that it is assisting a federal investigation into claims it had shifted sales from quarter to quarter dating back to 2017.
Under Armour Faces Federal Probe Over Accounting Practices
The sportswear company confirmed on Sunday that it is assisting a federal investigation into claims it had shifted sales from quarter to quarter dating back to 2017.
Luxury
Asian Sales Propel Hermès to Impressive Third Quarter Performance
The French luxury group joins rival LVMH in largely shrugging off fallout from Hong Kong’s political protests, with sales at Hermès up 15 percent in the third quarter.
Asian Sales Propel Hermès to Impressive Third Quarter Performance
The French luxury group joins rival LVMH in largely shrugging off fallout from Hong Kong’s political protests, with sales at Hermès up 15 percent in the third quarter.
Luxury
LVMH Unscathed by Hong Kong as Growth Sets High Bar for Luxury
Sales of fashion and leather goods rose 19 percent, with 'remarkable' performance at Louis Vuitton and Christian Dior, and total sales rose 11 percent.
LVMH Unscathed by Hong Kong as Growth Sets High Bar for Luxury
Sales of fashion and leather goods rose 19 percent, with 'remarkable' performance at Louis Vuitton and Christian Dior, and total sales rose 11 percent.
News & Analysis
What to Look Out for at L Brands' Investor Meeting
With company shares down 35 percent this year, investors are poised to demand answers at Tuesday's meeting. Here are some of the issues likely to be on shareholders’ minds.
What to Look Out for at L Brands' Investor Meeting
With company shares down 35 percent this year, investors are poised to demand answers at Tuesday's meeting. Here are some of the issues likely to be on shareholders’ minds.
News & Analysis
Nordstrom Reports Better Than Expected Results
The company has been investing heavily in its online business and loyalty programs to beat back competition from other upscale department stores and e-commerce rivals.
Nordstrom Reports Better Than Expected Results
The company has been investing heavily in its online business and loyalty programs to beat back competition from other upscale department stores and e-commerce rivals.
News & Analysis
Retailers Look to Put a Bad Week Behind Them
This week, everyone will be talking about financial results from Gap Inc., Nordstrom and other major retailers, the latest twists at L Brands and the booming clothing rental market. Read our BoF Professional Cheat Sheet
Retailers Look to Put a Bad Week Behind Them
This week, everyone will be talking about financial results from Gap Inc., Nordstrom and other major retailers, the latest twists at L Brands and the booming clothing rental market. Read our BoF Professional Cheat Sheet
News & Analysis
Tapestry Shares Tumble as Kate Spade Sales Weaken
Same-stores sales at Kate Spade have declined for at least eight quarters, prompting the company cut back on new store openings for the brand.
Tapestry Shares Tumble as Kate Spade Sales Weaken
Same-stores sales at Kate Spade have declined for at least eight quarters, prompting the company cut back on new store openings for the brand.
News & Analysis
Canada Goose Misses Margins on Higher Sales of Less Profitable Clothes
As the luxury apparel maker sold more of its light-weight spring season clothes, which are not as profitable as its $1,000 parkas, quarterly gross margins missed estimates.
Canada Goose Misses Margins on Higher Sales of Less Profitable Clothes
As the luxury apparel maker sold more of its light-weight spring season clothes, which are not as profitable as its $1,000 parkas, quarterly gross margins missed estimates.
Financial Markets
Prada's Turnaround Is Under Pressure
Prada is on a mission to regain its footing in the high-stakes world of luxury fashion. Its latest set of results show that won’t be easy.
Prada's Turnaround Is Under Pressure
Prada is on a mission to regain its footing in the high-stakes world of luxury fashion. Its latest set of results show that won’t be easy.
The News in Brief
Perelel Expands C-Suite, Tapping Rare Beauty’s CMO
Known for its prenatal vitamins, the wellness label has hired Rare Beauty's Ashley Murphy as its chief marketing officer, while Anjelika Temple moves into the chief creative officer role.
Swiss Watch Exports Grow for Fourth Month, Overcoming US Slump
Exports in August were buoyed by China and Japan, despite a sharp decline in shipments to the US.
Alexandre Arnault Joins Nike’s Board of Directors
The LVMH executive joins Nike’s board as the sportswear giant prepares to be removed from the S&P 100 index after nearly two decades.
Matthieu Blazy, Sarah Burton, Haider Ackermann Among Nominees for BFC Designer of the Year
The Fashion Awards ceremony, set for Nov. 30, will also recognise the BFC’s second Vanguard award recipient, recognising emerging British design talent.
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.”
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.