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.
financial-results
Beauty
Avon Revenue Falls Short as Sales Representatives Drop Out
The 133 year-old company has been trying to reboot its direct-selling business model operations, but missed estimates for quarterly revenue due to fewer representatives to sell its products in key markets.
Avon Revenue Falls Short as Sales Representatives Drop Out
The 133 year-old company has been trying to reboot its direct-selling business model operations, but missed estimates for quarterly revenue due to fewer representatives to sell its products in key markets.
News & Analysis
L'Oréal's North American Sales Falter
The company posted weaker than expected second-quarter sales growth, with like-for-like revenue falling in North America as demand for make-up slows.
L'Oréal's North American Sales Falter
The company posted weaker than expected second-quarter sales growth, with like-for-like revenue falling in North America as demand for make-up slows.
News & Analysis
Sports Direct Reports Drop in Profit
The company said its financial chief will step down as the retailer reported a drop in annual profit after a daylong wait for its results.
Sports Direct Reports Drop in Profit
The company said its financial chief will step down as the retailer reported a drop in annual profit after a daylong wait for its results.
News & Analysis
Moncler and LVMH Set the Bar High for Luxury Competitors
Two of luxury's biggest players showed that their new business and creative strategies are working.
Moncler and LVMH Set the Bar High for Luxury Competitors
Two of luxury's biggest players showed that their new business and creative strategies are working.
News & Analysis
Will Luxury's Winning Streak Continue?
This week, everyone will be talking about quarterly results from LVMH, Kering and Moncler, Instagram's experiment with hiding 'likes,' and how the UK's new leader will change the Brexit outlook. Read our BoF Professional Cheat Sheet.
Will Luxury's Winning Streak Continue?
This week, everyone will be talking about quarterly results from LVMH, Kering and Moncler, Instagram's experiment with hiding 'likes,' and how the UK's new leader will change the Brexit outlook. Read our BoF Professional Cheat Sheet.
Retail
Uniqlo Owner's Profit Falls Short Despite Gains in China
Fast Retailing Co.’s weak performance in Japan overshadowed a strong showing in its overseas markets, particularly China.
Uniqlo Owner's Profit Falls Short Despite Gains in China
Fast Retailing Co.’s weak performance in Japan overshadowed a strong showing in its overseas markets, particularly China.
Financial Markets
Levi Strauss Falls, Profit Declines as Company Spends to Grow
Earnings slipped 21 percent from the prior year, affected by $29 million of expenses associated with Levi's IPO.
Levi Strauss Falls, Profit Declines as Company Spends to Grow
Earnings slipped 21 percent from the prior year, affected by $29 million of expenses associated with Levi's IPO.
News & Analysis
JD Sports Counters Retail Gloom with Athleisure Trend and Global Expansion
Britain's biggest sports retailer reported better-than-expected full-year earnings and like-for-like growth despite British retail sector slowdown.
JD Sports Counters Retail Gloom with Athleisure Trend and Global Expansion
Britain's biggest sports retailer reported better-than-expected full-year earnings and like-for-like growth despite British retail sector slowdown.
Retail
H&M Shares Jump as Early Summer Sales Shine
June sales were up 12 percent for the world's second-biggest fashion retailer, beating analyst forecasts. Second quarter sales were up 11 percent, beating Inditex's 10 percent.
H&M Shares Jump as Early Summer Sales Shine
June sales were up 12 percent for the world's second-biggest fashion retailer, beating analyst forecasts. Second quarter sales were up 11 percent, beating Inditex's 10 percent.
Retail
New Look Losses Mount as Brexit and Rain Keep Shoppers Away
The British high street chain reported statutory loss before tax of £522.2 million for the year ended March, compared with a loss of £190.2 million a year earlier.
New Look Losses Mount as Brexit and Rain Keep Shoppers Away
The British high street chain reported statutory loss before tax of £522.2 million for the year ended March, compared with a loss of £190.2 million a year earlier.
Fashion Week
Chanel's Past and Future Will Be On Full Display In Paris This Week
This week everyone will be talking about Chanel's memorial to Karl Lagerfeld and its annual financial results, New York designers at Paris Fashion Week and protests in Hong Kong. Read our BoF Professional Cheat Sheet.
Chanel's Past and Future Will Be On Full Display In Paris This Week
This week everyone will be talking about Chanel's memorial to Karl Lagerfeld and its annual financial results, New York designers at Paris Fashion Week and protests in Hong Kong. Read our BoF Professional Cheat Sheet.
News & Analysis
Weakness at Gap's Old Navy Makes Analysts Question Spin-Off
Formerly the most profitable in Gap Inc's portfolio, the American retailer reported negative comparable sales at a 10 percent drop, the worst in four years.
Weakness at Gap's Old Navy Makes Analysts Question Spin-Off
Formerly the most profitable in Gap Inc's portfolio, the American retailer reported negative comparable sales at a 10 percent drop, the worst in four years.
The News in Brief
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.
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.