The slowdown in demand for high-end brands is hitting the sector unevenly, as seen in the polarised third-quarter results released this week by Hermès, Kering and others.
The slowdown in demand for high-end brands is hitting the sector unevenly, as seen in the polarised third-quarter results released this week by Hermès, Kering and others.
The big-box retailer is revamping its apparel offering in a bid to become a style destination, a goal it’s tried — and failed — to hit multiple times before. But between a squeezed consumer and the rise of Gen-Z, this time is different, the company says.
The big-box retailer is revamping its apparel offering in a bid to become a style destination, a goal it’s tried — and failed — to hit multiple times before. But between a squeezed consumer and the rise of Gen-Z, this time is different, the company says.
Allegations of possible money laundering by Bernard Arnault are “as absurd as they are unfounded,” the French billionaire’s lawyer said in a statement on Saturday.
Allegations of possible money laundering by Bernard Arnault are “as absurd as they are unfounded,” the French billionaire’s lawyer said in a statement on Saturday.
Members of the industry index including Pierpaolo Piccioli and Francesca Bellettini connected over cocktails and canapes in Paris, celebrating new entrants including Pharrell Williams, Karol G and Sabato De Sarno.
Members of the industry index including Pierpaolo Piccioli and Francesca Bellettini connected over cocktails and canapes in Paris, celebrating new entrants including Pharrell Williams, Karol G and Sabato De Sarno.
Explore the latest additions to The Business of Fashion’s definitive index of the people shaping the global fashion industry of today and tomorrow.
Explore the latest additions to The Business of Fashion’s definitive index of the people shaping the global fashion industry of today and tomorrow.
On Friday 29 September, The BoF 500 Class of 2023 will be unveiled. To mark the occasion, The Business of Fashion sat down with four members of The BoF 500 to discuss how they are shaping the future of the industry.
On Friday 29 September, The BoF 500 Class of 2023 will be unveiled. To mark the occasion, The Business of Fashion sat down with four members of The BoF 500 to discuss how they are shaping the future of the industry.
Adidas AG chief executive officer Bjorn Gulden has apologised for questioning whether Ye, formerly known as Kanye West, really meant the antisemitic statements he made last year.
Adidas AG chief executive officer Bjorn Gulden has apologised for questioning whether Ye, formerly known as Kanye West, really meant the antisemitic statements he made last year.
Adidas AG chief executive officer Bjorn Gulden said he doesn’t think that Ye, formerly known as Kanye West, really meant the antisemitic statements he made last year that led the sneaker maker to terminate their highly lucrative partnership.
Adidas AG chief executive officer Bjorn Gulden said he doesn’t think that Ye, formerly known as Kanye West, really meant the antisemitic statements he made last year that led the sneaker maker to terminate their highly lucrative partnership.
Longtime Condé Nast executive Rebecca Mason (most recently vice president of global creative at the Vogue publisher’s sponsored content arm) was named senior vice president of global brand image.
Longtime Condé Nast executive Rebecca Mason (most recently vice president of global creative at the Vogue publisher’s sponsored content arm) was named senior vice president of global brand image.
The French beauty retailer announced Thursday that Jean-André Rougeot, Sephora North America’s chief executive and president, will retire in April 2024.
The French beauty retailer announced Thursday that Jean-André Rougeot, Sephora North America’s chief executive and president, will retire in April 2024.
Macy’s Inc., the parent company of Bloomingdale’s, has appointed Olivier Bron as the new chief executive of the New York-based department store chain.
Macy’s Inc., the parent company of Bloomingdale’s, has appointed Olivier Bron as the new chief executive of the New York-based department store chain.
The latest BoF Careers’ white paper delves into how retailers can reimagine staffing practices to unlock growth, increase retention and improve the perception of retail careers as in-store talent becomes more critical than ever to success.
The latest BoF Careers’ white paper delves into how retailers can reimagine staffing practices to unlock growth, increase retention and improve the perception of retail careers as in-store talent becomes more critical than ever to success.
The brand plans to buy back more than €800 million ($932 million) of stock, seeking to bolster investor confidence after a slide in its shares and the exit of an heir of the eyewear maker’s founder from his management roles.
The beauty retailer’s fiscal second-quarter growth was driven by fragrance, K-beauty and store expansion, said CEO Kecia Steelman.
Jane Ewing, who was most recently interim chief executive officer for Sam’s Club in China, will join Nike on Sept. 7.
Former Target and Walmart veteran Michael Francis, known in the industry as a marketing guru, will succeed current Old Navy CEO Horacio Barbeito on Nov. 2.
The low-cost clothing brand opened its first UK store in Liverpool on Thursday, with shops in Newcastle and Essex due to follow later this year.
The UK fashion trade body has yet to name a successor.
The Swiss watchmaker initially sought about $170 million from the Korean technology giant for failing to prevent apps that mimicked its luxury brands on its smartwatch displays.
Kohl’s turnaround attempt showed some progress after the retailer raised its annual earnings outlook, but it still doesn’t see sales growth this year.