Another Lululemon Executive Exits Ahead of Incoming CEO
The departure of AI chief Ranju Das after less than a year in the role comes shortly after the chief strategy officer exited ahead of new chief executive Heidi O'Neill joining in September.
stores
Retail
How to Take a Brand From Local to Global
For most of its first two decades, Farm Rio was little known outside its native Brazil. But since entering the US in 2019, the dressmaker has made a splash in contemporary womenswear, with sales reaching $50 million in its new market last year. Next up: Europe.
How to Take a Brand From Local to Global
For most of its first two decades, Farm Rio was little known outside its native Brazil. But since entering the US in 2019, the dressmaker has made a splash in contemporary womenswear, with sales reaching $50 million in its new market last year. Next up: Europe.
Technology
The Technologies Reinventing Physical Retail
In-store mobile apps and micro-fulfilment tech can address consumer pain points and enable companies to incorporate their physical retail networks into omnichannel shopping journeys.
The Technologies Reinventing Physical Retail
In-store mobile apps and micro-fulfilment tech can address consumer pain points and enable companies to incorporate their physical retail networks into omnichannel shopping journeys.
Retail
Zara Owner Inditex’s Quarterly Profit Jumps 80% On Post-Covid Wardrobe Renewal
Net profit for the February-April quarter rose to €760 million ($812.06 million), in line with analysts’ expectations as the company surpassed pre-pandemic levels while its gross margin hit a 10-year high, the company said.
Zara Owner Inditex’s Quarterly Profit Jumps 80% On Post-Covid Wardrobe Renewal
Net profit for the February-April quarter rose to €760 million ($812.06 million), in line with analysts’ expectations as the company surpassed pre-pandemic levels while its gross margin hit a 10-year high, the company said.
Retail
Can Levi’s Be More Than a Denim Brand?
The American retailer wants to reach $10 billion in sales by 2027, with plans to open more stores, expand into new categories and potentially buy other fashion companies.
Can Levi’s Be More Than a Denim Brand?
The American retailer wants to reach $10 billion in sales by 2027, with plans to open more stores, expand into new categories and potentially buy other fashion companies.
Technology
The Opportunity in Hyper-Personalising Shopping
Big Data and AI can power one-to-one experiences that build long-term loyalty.
The Opportunity in Hyper-Personalising Shopping
Big Data and AI can power one-to-one experiences that build long-term loyalty.
Retail
The Debrief: The Decline of the Skinny Jean
This week on The Debrief, BoF correspondent Chavie Lieber chronicles the rise and fall of the once-dominant denim silhouette — and explains why it’ll never go away completely.
The Debrief: The Decline of the Skinny Jean
This week on The Debrief, BoF correspondent Chavie Lieber chronicles the rise and fall of the once-dominant denim silhouette — and explains why it’ll never go away completely.
Global Markets
Vietnam’s Luxury Market Is Heating Up
Gucci and Tiffany are among the brands investing in the Southeast Asian market with an increasingly wealthy and cosmopolitan consumer class.
Vietnam’s Luxury Market Is Heating Up
Gucci and Tiffany are among the brands investing in the Southeast Asian market with an increasingly wealthy and cosmopolitan consumer class.
Technology
COS Is Trying to Crack the Code On High-Tech Stores
The H&M brand is rolling out a suite of new in-store technologies at its US locations to engage shoppers and learn what works.
COS Is Trying to Crack the Code On High-Tech Stores
The H&M brand is rolling out a suite of new in-store technologies at its US locations to engage shoppers and learn what works.
Retail
Macy’s Lifts Profit Outlook as Special Occasions Boost Sales
Higher pricing, lower promotions and changing shopping habits boosted margins in the three months ended April 30 and helped Macy’s blow past earnings estimates in the quarter.
Macy’s Lifts Profit Outlook as Special Occasions Boost Sales
Higher pricing, lower promotions and changing shopping habits boosted margins in the three months ended April 30 and helped Macy’s blow past earnings estimates in the quarter.
Technology
Zalando Co-CEO on Bringing Data Science to Fashion Retail
AI is critical to how the German fashion giant matches millions of customers with the right product in the right fit.
Zalando Co-CEO on Bringing Data Science to Fashion Retail
AI is critical to how the German fashion giant matches millions of customers with the right product in the right fit.
Retail
Amazon Opens First Physical Fashion Retail Store
The store, Amazon Style, located in Los Angeles, will use machine-learning technology to help customers find clothes and personalise recommendations.
Amazon Opens First Physical Fashion Retail Store
The store, Amazon Style, located in Los Angeles, will use machine-learning technology to help customers find clothes and personalise recommendations.
Retail
Nordstrom Is Shuttering Trunk Club
The department store company acquired the startup back in 2014 for a reported $350 million but failed to make the personal styling service profitable.
Nordstrom Is Shuttering Trunk Club
The department store company acquired the startup back in 2014 for a reported $350 million but failed to make the personal styling service profitable.
The News in Brief
Court Lets Trump Halt Tariff Exemption for Low-Cost Goods
In a decision on Thursday, a US trade court refused to disturb executive orders that lifted the ‘de minimis’ exemption for goods with a retail value of $800 or less.
Samsonite Buys Stake in Béis for $178.5 Million
Founder and actress Shay Mitchell will retain a 15 percent stake in Béis, which will become a Samsonite subsidiary after the deal closes.
Tapestry Forecasts Strong Annual Profit as Coach Remains Hot
Resilient demand for Coach bags among young and affluent shoppers helped buoy the group, but weakness at Kate Spade led the company to forecast muted annual revenue.
US Seeks Sentence for Founder of Fashion-Tech Company CaaStle
Prosecutors compared Christine Hunsicker to Elizabeth Holmes as they sought a 12.5 year prison sentence in the $300 million securities fraud case.
Shein Loses UK Copyright Lawsuit Against Temu Over Clothing Photos
The ultra-fast fashion platform lost the first round of a London legal battle against its rival for alleged copyright infringement in relation to photos of some of its products.
Birkenstock Nudges Forecast Higher on Solid Sandal Demand
The German brand bumped its sales forecast to the upper limit of its target range and posted strong quarterly earnings as consumers snapped up its sandals and clogs.
Richemont’s Panerai Brand Gets No Relief From Luxury Watch Revival
As the secondary market for timepieces rebounds, Cartier is grabbing buyer attention and there’s renewed enthusiasm around Vacheron Constantin, throwing the lack of interest in Panerai into stark contrast.