Dutch Eyewear Chain Hans Anders Halts Sale of Meta Glasses, Citing Privacy Concerns
A growing Dutch outcry over the glasses mirrors a broader backlash against smart glasses equipped with cameras.
Outlets
Latest News & Analysis
China
Luxury Brands Found a Solution for Their Inventory Glut. But Will It Backfire?
Outlets and off-price retailers in China are seeing business boom as luxury brands pump excess inventory into the country at bargain basement prices. But the pandemic clearance strategy is a double-edged sword.
Retail
What to Do With All That Excess Inventory
Brands and retailers are sitting on mountains of spring and summer collections that they need to clear in what will likely be the biggest markdown season ever.
Retail
The New Normal: A Discount Mindset Will Deepen Its Grip on Consumers
As a decade-long build-up of bargain shopping culture is exacerbated by a rise in anti-consumerism, a glut in inventory and cash-strapped consumers looking to trade down or turn to off-price channels, brands must find inventive ways to reestablish value, says The Business of Fashion and McKinsey’s Coronavirus Update to The State of Fashion 2020.
Luxury
Luxury Brands Burn Unsold Goods. What Should They Do Instead?
The luxury industry’s habit of destroying end-of-season leftovers is under threat, thanks to a consumer backlash and increasing government regulations. BoF uncovers the best solutions.
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Retail
What's the Point of Outlet Malls in 2020?
Destination discount shopping must evolve with the changing retail landscape in order to survive.
China
The China Edit | Hong Kong's Homegrown Talent, Rise of Domestic Shopper
This week, China looks to its homegrown talent in Hong Kong to drive the future growth of its fashion industry, and the owners of outlet park Bicester Village take a bet on growing demand from domestic Chinese consumers by opening a second outlet park.
News & Analysis
Outlet Shopping Comes to Town
A new breed of urban outlets is creeping closer to city centres in pursuit of younger consumers and tourists.
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?
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Retail
Wal-Mart to Shut Hundreds of Stores, Including Express Locations
Wal-Mart Stores Inc. plans to close 269 stores, aiming to refocus on better-performing locations and its e-commerce site.
Retail
Spain's Mango to Shut 450 US Sales Outlets
Mango will close 450 sales outlets in the United States early next year after ending a five-year deal to display its clothing lines at department store J.C. Penney, a spokesman said.
Financial Markets
Nordstrom Outlet Stores Help Fuel Growth
Nordstrom Inc. posted first-quarter sales that exceeded analysts’ estimates after its Rack discount outlets and e-commerce orders helped boost results.
Global Markets
Why Pay Full Price as Outlets Move Closer to Where You Live?
After years of outperforming regular malls, outlets are increasingly encroaching on downtown shopping districts.
The News in Brief
Harper’s Bazaar to Launch Philippine Edition
Hearst Magazines International is partnering with Philippine media group AGC Power Holdings to launch the fashion title in November 2027.
Sycamore Said to Near Deal to Sell Boots
The private equity firm is nearing a deal, valued at $9 billion, to sell the UK health and beauty retail business to the Canadian branch of the billionaire Weston family, a source told Bloomberg.
Pandora Opens World’s Largest Jewellery Factory in Vietnam
The $150 million plant is the Danish jewellers first outside of Thailand, part of a bid to diversify its manufacturing footprint and boost supply-chain resilience.
Luca de Meo Says Italy Remains Key, Rules Out Production Shift
The Kering CEO also denied any interest in buying a minority stake in Armani, adding that the group was focusing on other challenges.
H&M, Adidas and Inditex Back New Effort to Address ‘Waste Colonialism’
The new initiative will explore how the industry can take responsibility for the millions of used and unsold garments exported to secondhand markets around the world.
Dyson’s $499 AI Toothbrush Sees Rocky Debut
The UK firm blamed a production error resulting in ‘water seepage’ for the disappearance of its newly launched camera-equipped toothbrush from stores.
Sephora to Launch at Marks & Spencer
‘Sephora at M&S’ will roll out in M&S stores and online starting next spring, with plans to expand to 100 locations by the end of 2028.