Another Lululemon Executive Exits Ahead of Incoming CEO
The departure of AI chief Ranju Das after less than a year in the role comes shortly after the chief strategy officer exited ahead of new chief executive Heidi O'Neill joining in September.
global-currents
Global Markets
Nike Just Doesn’t Do It With Chinese in Lost Sales Year
PORTLAND, United States — Not long ago, Nike Inc. could simply open stores in China and wait for newly minted middle-class shoppers to show up.
Nike Just Doesn’t Do It With Chinese in Lost Sales Year
PORTLAND, United States — Not long ago, Nike Inc. could simply open stores in China and wait for newly minted middle-class shoppers to show up.
Global Markets
Chile, Punching Above its Weight
In the next instalment of Market GPS, BoF examines Chile, a sliver of a country just a couple of hundred miles wide that's dwarfed by its Latin American neighbours, but rich with opportunity, thanks to a stable democracy, steady economic growth and a sophisticated retail infrastructure.
Chile, Punching Above its Weight
In the next instalment of Market GPS, BoF examines Chile, a sliver of a country just a couple of hundred miles wide that's dwarfed by its Latin American neighbours, but rich with opportunity, thanks to a stable democracy, steady economic growth and a sophisticated retail infrastructure.
China
The China Edit | Taiwanese Shoemaker Takes on Paris, SuperGroup Expands, Lane Crawford's Shanghai Flagship, Boost to Luxury Outlets
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
The China Edit | Taiwanese Shoemaker Takes on Paris, SuperGroup Expands, Lane Crawford's Shanghai Flagship, Boost to Luxury Outlets
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
Global Markets
Thrift Trumps Abenomics as Japan Shoppers Stick to Bargains
TOKYO, Japan — Japanese apparel firm Fast Retailing Co Ltd has a problem: sales are surging, full-year net profits are expected to rise nearly 28
Thrift Trumps Abenomics as Japan Shoppers Stick to Bargains
TOKYO, Japan — Japanese apparel firm Fast Retailing Co Ltd has a problem: sales are surging, full-year net profits are expected to rise nearly 28
Global Markets
From Cotton Fields to Luxury Shirts, How Luthai Moved Up the Value Chain
In the first in a series of case studies from the fast-evolving China market, BoF reports on Luthai, a world leading dyed-yarn fabric weaver whose rise illustrates how China’s textiles industry is shifting from a focus on low-priced exports to a new business model built around productivity, product innovation and domestic market demand.
From Cotton Fields to Luxury Shirts, How Luthai Moved Up the Value Chain
In the first in a series of case studies from the fast-evolving China market, BoF reports on Luthai, a world leading dyed-yarn fabric weaver whose rise illustrates how China’s textiles industry is shifting from a focus on low-priced exports to a new business model built around productivity, product innovation and domestic market demand.
Global Markets
Vuitton Tones Down for Russian Tastes Aside From Prices
Mira Duma, the daughter of former Russian lawmaker Vasily Duma, is emblematic of a new generation of Russians for whom the meaning of high fashion has shifted from flashy and expensive to understated and even more expensive.
Vuitton Tones Down for Russian Tastes Aside From Prices
Mira Duma, the daughter of former Russian lawmaker Vasily Duma, is emblematic of a new generation of Russians for whom the meaning of high fashion has shifted from flashy and expensive to understated and even more expensive.
Technology
Owner of Japan's Largest Online Fashion Channel to Launch Mobile-Social Play
In response to market pressures, Start Today, which operates Japan's largest fashion e-commerce portal, Zozotown, is set to launch a major 'mobile first' social commerce app, called Wear. JapanConsuming reports.
Owner of Japan's Largest Online Fashion Channel to Launch Mobile-Social Play
In response to market pressures, Start Today, which operates Japan's largest fashion e-commerce portal, Zozotown, is set to launch a major 'mobile first' social commerce app, called Wear. JapanConsuming reports.
China
The China Edit | Whistles to Launch with Lane Crawford, Fast Retailing, Chinese Tourists Embrace Lower-Cost Luxury, Chanel Ousts Vuitton
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
The China Edit | Whistles to Launch with Lane Crawford, Fast Retailing, Chinese Tourists Embrace Lower-Cost Luxury, Chanel Ousts Vuitton
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
Global Markets
Turkish Riots No Delight for Luxury Goods Brands Says Zegna CEO
ISTANBUL, Turkey — Social unrest in Turkey and Brazil is making it harder for luxury-goods makers to keep shoppers spending in a difficult economy,
Turkish Riots No Delight for Luxury Goods Brands Says Zegna CEO
ISTANBUL, Turkey — Social unrest in Turkey and Brazil is making it harder for luxury-goods makers to keep shoppers spending in a difficult economy,
China
The China Edit | Gieves & Hawkes, Rising Retail Rents, I.T's New Mainland Outlets, The China Price, Harrods
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
The China Edit | Gieves & Hawkes, Rising Retail Rents, I.T's New Mainland Outlets, The China Price, Harrods
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
Global Markets
Turkey, Boom Interrupted?
As Turkish police fire water cannons at protestors in Istanbul, is the country’s risk-to-reward ratio shifting? BoF investigates.
Turkey, Boom Interrupted?
As Turkish police fire water cannons at protestors in Istanbul, is the country’s risk-to-reward ratio shifting? BoF investigates.
China
The China Edit | Mapping China's Middle Class, Accessible Luxury, Kering, China's Online Fashion Market
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
The China Edit | Mapping China's Middle Class, Accessible Luxury, Kering, China's Online Fashion Market
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
The News in Brief
Court Lets Trump Halt Tariff Exemption for Low-Cost Goods
In a decision on Thursday, a US trade court refused to disturb executive orders that lifted the ‘de minimis’ exemption for goods with a retail value of $800 or less.
Samsonite Buys Stake in Béis for $178.5 Million
Founder and actress Shay Mitchell will retain a 15 percent stake in Béis, which will become a Samsonite subsidiary after the deal closes.
Tapestry Forecasts Strong Annual Profit as Coach Remains Hot
Resilient demand for Coach bags among young and affluent shoppers helped buoy the group, but weakness at Kate Spade led the company to forecast muted annual revenue.
US Seeks Sentence for Founder of Fashion-Tech Company CaaStle
Prosecutors compared Christine Hunsicker to Elizabeth Holmes as they sought a 12.5 year prison sentence in the $300 million securities fraud case.
Shein Loses UK Copyright Lawsuit Against Temu Over Clothing Photos
The ultra-fast fashion platform lost the first round of a London legal battle against its rival for alleged copyright infringement in relation to photos of some of its products.
Birkenstock Nudges Forecast Higher on Solid Sandal Demand
The German brand bumped its sales forecast to the upper limit of its target range and posted strong quarterly earnings as consumers snapped up its sandals and clogs.
Richemont’s Panerai Brand Gets No Relief From Luxury Watch Revival
As the secondary market for timepieces rebounds, Cartier is grabbing buyer attention and there’s renewed enthusiasm around Vacheron Constantin, throwing the lack of interest in Panerai into stark contrast.