Thom Bettridge to Step Down as I-D Editor in Chief
Global editorial director Steff Yotka will succeed Bettridge, who is leaving to focus on his creative studio Content World.
stores
Luxury
Louis Vuitton Opens Its First Airport Lounge, in Qatar
The LVMH-owned brand opened its new lounge and restaurant at Hamad International Airport in Doha, Qatar.
Louis Vuitton Opens Its First Airport Lounge, in Qatar
The LVMH-owned brand opened its new lounge and restaurant at Hamad International Airport in Doha, Qatar.
Luxury
Chanel to Double Capital Investments, Bolster ‘Ultimate Luxury Experience’ as Sales Surge
The privately-held fashion and beauty giant’s sales rose 17 percent to $17 billion in 2022. Private salons for top-spending clients, emerging technologies and a new London headquarters are on new CEO Leena Nair’s agenda.
Chanel to Double Capital Investments, Bolster ‘Ultimate Luxury Experience’ as Sales Surge
The privately-held fashion and beauty giant’s sales rose 17 percent to $17 billion in 2022. Private salons for top-spending clients, emerging technologies and a new London headquarters are on new CEO Leena Nair’s agenda.
Retail
When It Comes to Fashion, M&S Is on the Right Wavelength
Reliable sizing, sweet-spot pricing and contemporary – but not faddish – styles are helping high street retailer stand out.
When It Comes to Fashion, M&S Is on the Right Wavelength
Reliable sizing, sweet-spot pricing and contemporary – but not faddish – styles are helping high street retailer stand out.
Marketing
Hill House Home Lands in the UK
Expanding overseas is one of several ways the New York-based brand is looking to keep up momentum, three years after its ‘nap dress’ went viral.
Hill House Home Lands in the UK
Expanding overseas is one of several ways the New York-based brand is looking to keep up momentum, three years after its ‘nap dress’ went viral.
Global Markets
Report: Japan’s Uniqlo to Exit Russia, Paving the Way for Sale of Business
Uniqlo owner Fast Retailing suspended the clothing brand’s operations in Russia in March of 2022, joining scores of international companies, after Moscow launched its attack on Ukraine, calling it a “special military operation.”
Report: Japan’s Uniqlo to Exit Russia, Paving the Way for Sale of Business
Uniqlo owner Fast Retailing suspended the clothing brand’s operations in Russia in March of 2022, joining scores of international companies, after Moscow launched its attack on Ukraine, calling it a “special military operation.”
Partner Content
At Oud Fashion Talks, Demystifying the Rapidly Transforming GCC Fashion Industry
The second edition of Oud Fashion Talks explored the forces transforming the Gulf’s fashion industry today, with key learnings from BoF Insights’ ‘Fashion in the Middle East’ report and from executives of local retailers, manufacturers, designers and entrepreneurs.
At Oud Fashion Talks, Demystifying the Rapidly Transforming GCC Fashion Industry
The second edition of Oud Fashion Talks explored the forces transforming the Gulf’s fashion industry today, with key learnings from BoF Insights’ ‘Fashion in the Middle East’ report and from executives of local retailers, manufacturers, designers and entrepreneurs.
Retail
Century 21 Reopens Flagship Store in Manhattan
Legendary off-price store Century 21 reopened its flagship location in Manhattan’s Financial District after filing for Chapter 11 bankruptcy in 2020 during the Covid-19 pandemic.
Century 21 Reopens Flagship Store in Manhattan
Legendary off-price store Century 21 reopened its flagship location in Manhattan’s Financial District after filing for Chapter 11 bankruptcy in 2020 during the Covid-19 pandemic.
Retail
US Retailers Cut Most Number of Jobs in April
US retailers replaced technology firms in cutting the most number of jobs in April, as companies show little signs of easing their belt-tightening drive in an uncertain economy.
US Retailers Cut Most Number of Jobs in April
US retailers replaced technology firms in cutting the most number of jobs in April, as companies show little signs of easing their belt-tightening drive in an uncertain economy.
Retail
Next Keeps Profit Guidance After Quarterly Sales Edge Lower
British fashion retailer Next maintained its guidance for annual profit after reporting a smaller decline in first-quarter sales than it expected, saying it was too early in the year to change its outlook.
Next Keeps Profit Guidance After Quarterly Sales Edge Lower
British fashion retailer Next maintained its guidance for annual profit after reporting a smaller decline in first-quarter sales than it expected, saying it was too early in the year to change its outlook.
China
Pandora to Slow Down Brand Relaunch in China
Pandora sees China as a potential driver of future growth, but the world’s largest jewellery market is recovering slowly from strict Covid-19 curbs, which were dropped at the end of last year.
Pandora to Slow Down Brand Relaunch in China
Pandora sees China as a potential driver of future growth, but the world’s largest jewellery market is recovering slowly from strict Covid-19 curbs, which were dropped at the end of last year.
Luxury
Why Tax-Free Shopping Matters
This week, Burberry’s chairman took the UK prime minister to task over his decision to eliminate tax-free shopping for tourists, calling Britain the ‘least attractive shopping destination in Europe.’
Why Tax-Free Shopping Matters
This week, Burberry’s chairman took the UK prime minister to task over his decision to eliminate tax-free shopping for tourists, calling Britain the ‘least attractive shopping destination in Europe.’
Luxury
Tiffany, Dior: Understanding the New Model for Luxury Flagships
There are stores, there are flagships, and then there are mega projects like Dior’s Avenue Montaigne, Chanel’s Rue Cambon and Gucci’s Garden that go a step further in driving revenue and creating a lasting impression with shoppers. On Friday after a four-year renovation, Tiffany will make its case to be added to that list.
Tiffany, Dior: Understanding the New Model for Luxury Flagships
There are stores, there are flagships, and then there are mega projects like Dior’s Avenue Montaigne, Chanel’s Rue Cambon and Gucci’s Garden that go a step further in driving revenue and creating a lasting impression with shoppers. On Friday after a four-year renovation, Tiffany will make its case to be added to that list.
The News in Brief
Under Armour Forecasts Steeper Annual Sales Decline
The athletic apparel maker is struggling with weak consumer demand amid macroeconomic uncertainty in its key North American market.
Skims to Enter India Through Partnership With Reliance Brands
The luxury arm of Reliance Retail will operate the Skims brand across physical and digital channels, beginning with Delhi and Mumbai.
Vogue World 2027 Will Be Held in San Francisco
The sixth edition of the annual runway spectacle will return to the US after this year's outing in Milan.
Capri Cuts Revenue Outlook as Iran War Hits Michael Kors Sales
Congestion at ports in Asia combined with weaker demand across Europe and emerging markets from the war hurt sales, the company said.
Sydney Towle, Influencer and Health Activist, Has Died
Towle, known for sharing her life as a young woman living with cancer, passed away aged 26 on Wednesday.
Ralph Lauren Beats Estimates on Demand From Affluent Shoppers
Strong sales among young and affluent shoppers helped drive quarterly revenue above analysts' expectations.
Kenvue Misses Estimates as Inflation, Tariffs Squeeze Margins
The US consumer health company and parent of Neutrogena narrowly missed Wall Street estimates for second-quarter results as tariffs and currency-related costs offset sales gains.