Style Capital Acquires Alessandro Dell’Acqua’s N21
Financial details of the deal for the Milan-based brand weren’t disclosed.
Singles Day
Latest News & Analysis
Technology
A Reality Check for Fashion Tech?
This week, everyone will be talking about earnings from Warby Parker, Poshmark and others, an unusual Singles Day and the CFDA Awards.
China
From Splurge to ‘Common Prosperity’: Alibaba Tones Down Singles Day
Alibaba Group’s annual ‘Singles Day’ shopping spree is set for its most sober tone ever this year, as the retail giant preaches sustainability rather than hyping the usual sales boom amid calls by Beijing to promote “common prosperity.”
News & Analysis
Biden Just Won a Narrow Victory. Is Washington Gridlock Good for Fashion?
This week, everyone will be talking about the results of the US election, the booming resale market, Singles Day and Farfetch's results. Get your BoF Professional Cheat Sheet.
China
How to Tap the World’s Largest Online Shopping Festival
BoF breaks down the consumer and tech trends luxury brands need to know to maximize their Singles' Day strategies this year.
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China
Alibaba Singles’ Day Set to Challenge $31 Billion Record
The shopping day has become an indicator of Chinese consumer health.
Technology
How Fashion's Unicorns Are Navigating a Post-WeWork World
This week, everyone will be talking about Farfetch's financial results, Burberry's ongoing turnaround and Alibaba's Singles Day. Get your BoF Professional Cheat Sheet here.
China
Alibaba Eyes Another Record Singles' Day
The Chinese online retailer predicts a surge in sales during the country's 24-hour shopping spree, with over 500 million users expected to participate.
China
Alibaba Sets Singles' Day Record With $31 Billion in Sales
The company reported that Xiaomi, Apple and Dyson products were the top three brands in early sales.
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News & Analysis
Fashion's Biggest Holiday
This week, everyone will be talking about Alibaba's Singles' Day, the release of Hedi Slimane's first Celine accessories and Neighborhood Goods' take on the department store. Read our BoF Professional Cheat Sheet.
China
How Singles' Day in China Became the Biggest Shopping Spree
A look back at the retail extravaganza.
News & Analysis
Move Over Singles’ Day: Alipay’s ’12.12’ Event Breaks Records
"Alipay’s event is growing quickly. This year, more than 110 million consumers participated in its 12.12 event, up from around just more than 28
News & Analysis
China’s M-Commerce Explosion Drives 32 Percent Singles’ Day Sales Growth
"$14.6 billion of the orders were made on mobile devices, taking up about 82 percent of all orders and marking 657 million different deliveries."
The News in Brief
Lagos Fashion Week Continues to Flex its Pan-African Muscle
The buzzy Nigerian fashion event has attracted a cohort from across the continent, with designers from South Africa, Uganda and Morocco presenting their collections in the Nigerian city.
Estée Lauder Raises Outlook, Buoyed by Perfume Demand
Demand for the US conglomerate’s luxury fragrance brands like Le Labo, Tom Ford and By Kilian offset weaker performance from its makeup and haircare divisions.
Bangladesh Sets Up Wage Board as Garment Worker Unrest Shuts Factories
Violent protests over pay levels forced the closure of more than 500 factories over the weekend.
Premium Skincare Brand Colorescience Names New CEO
Former Kiehl’s general manager John Reed will lead the label, which was acquired by Roundtable Healthcare Partners earlier this year.
Proya Third-Quarter Revenue Grows, Profit Dented by Marketing Spend
The Chinese beauty conglomerate’s revenue grew 29.8 percent in the latest quarter, but its profit decreased by double digits due to increased promotional expenses as it expands overseas.
Michael Kors Owner Capri Soars After Raising Annual Forecasts
Shares jumped after the group raised its annual revenue and profit forecasts and said it expected sales to return to growth.
Puma Sales Slow Less Than Expected as Anta Partnership Advances
The German sportswear business is attempting to reboot its brand appeal to better compete with larger rivals Adidas and Nike.