Fayed Abuse Victims Seek Up to £150 Million From Harrods
The retailer currently has a £62 million provision set aside for redress payments, but victims’ lawyers say more is likely needed.
globalisation
Financial Markets
Disrupting Amidst Disruption
In a fast-changing and unpredictable world, fashion must embrace disruption.
Disrupting Amidst Disruption
In a fast-changing and unpredictable world, fashion must embrace disruption.
News & Analysis
Fashion World Faces New Normal
How will the rise of extremism, populism and protectionism impact the fashion industry and wider business world?
Fashion World Faces New Normal
How will the rise of extremism, populism and protectionism impact the fashion industry and wider business world?
Retail
How Global Brands Are Thinking Local
Global retailers like Uniqlo, Lululemon and Nike are activating local communities with cultural programming, ‘superhero’ yogis and neighbourhood run clubs.
How Global Brands Are Thinking Local
Global retailers like Uniqlo, Lululemon and Nike are activating local communities with cultural programming, ‘superhero’ yogis and neighbourhood run clubs.
China
Hong Kong Luxury Migrating to Macau Along With Chinese Tourists
Macau, home to the world’s biggest gambling center, is trying to diversify its image by welcoming luxury-brand shoppers.
Hong Kong Luxury Migrating to Macau Along With Chinese Tourists
Macau, home to the world’s biggest gambling center, is trying to diversify its image by welcoming luxury-brand shoppers.
Luxury
Viva Milano! Viva Fashion! Viva Italy!
In Milan, a remarkable show of unity from Italy's fashion industry signals an important step forwards, but as Italian Prime Minister Matteo Renzi pointed out, the local industry must be open to change and innovation.
Viva Milano! Viva Fashion! Viva Italy!
In Milan, a remarkable show of unity from Italy's fashion industry signals an important step forwards, but as Italian Prime Minister Matteo Renzi pointed out, the local industry must be open to change and innovation.
Global Markets
The Luxury Brand Balancing Act
Fashion’s luxury megabrands have long struck a delicate — and highly lucrative — balance between exclusivity and accessibility. But as digital media, globalisation and off-price retailing reshape the industry, are they in danger of losing the balance that made them so successful?
The Luxury Brand Balancing Act
Fashion’s luxury megabrands have long struck a delicate — and highly lucrative — balance between exclusivity and accessibility. But as digital media, globalisation and off-price retailing reshape the industry, are they in danger of losing the balance that made them so successful?
News & Analysis
Sonia Rykiel: Taking the Left Bank Global
Armed with investment and the creative charge of designer Julie de Libran, Sonia Rykiel’s chief executive plans to transform the high-potential Parisian house into a global powerhouse.
Sonia Rykiel: Taking the Left Bank Global
Armed with investment and the creative charge of designer Julie de Libran, Sonia Rykiel’s chief executive plans to transform the high-potential Parisian house into a global powerhouse.
China
The Pain Trade: How Slumping Commerce Threatens Global Growth
The world’s biggest economies are finding it increasingly hard to trade their way out of trouble.
The Pain Trade: How Slumping Commerce Threatens Global Growth
The world’s biggest economies are finding it increasingly hard to trade their way out of trouble.
Global Markets
Where Will Growth Come From in 2015? Fashion CEOs Speak
BoF speaks to leading fashion CEOs to understand their 2015 growth priorities.
Where Will Growth Come From in 2015? Fashion CEOs Speak
BoF speaks to leading fashion CEOs to understand their 2015 growth priorities.
The News in Brief
Puig Acquires Sun Care Brand Isdin
The conglomerate bought its former partner’s 50 percent share to take full ownership of the Spanish skincare label.
Hugo Boss Chairman to Step Down Amid Frasers Group Pressure
Stephan Sturm is stepping down, as the German fashion house's largest shareholder seeks to beef up its board representation alongside its takeover bid for the brand.
CFDA’s Steven Kolb Involved in Altercation with PETA Protestors
The trade body’s president physically restrained animal rights activists after they stormed a Cos runway show at New York Fashion Week.
GQ Philippines Names Danyl Geneciran Editor in Chief
The former Vogue Man Philippines editor will helm GQ’s 23rd international title, whose debut issue features covers starring Darren Criss, Jordan Clarkson and Erwan Heussaff.
Human Made Discloses $3.6 Million Undercover Purchase Price and Long-Term Financial Targets
The Tokyo-listed company will pay $3.6 million in cash for 100 percent of Undercover, with founder Jun Takahashi relinquishing corporate duties to focus solely on design.
Arizona Accuses L’Oréal of Concealing Cancer Risks Linked to Hair Relaxers
The beauty conglomerate faces over 12,000 similar lawsuits filed by individuals that have been consolidated in a Chicago federal court.
Space NK Names New CEO, Andy Lightfoot Steps Down
Chief marketing officer Emma Simpson-Scott will succeed Lightfoot, who is leaving the UK retailer after seven years at the helm.