Report: CVS Plans to Break Up Healthcare Conglomerate
The US retailer is planning to spin off its pharmacy business in what would be one of the biggest-ever breakups in the healthcare industry, according to reports.
Teenagers
Latest News & Analysis
Marketing
Case Study | Gen-Z Shopping: Separating Myth from Reality
A new generation of consumers is coming of age during a critical, sink-or-swim period for brands and retailers. In our latest case study, BoF puts some of the widely accepted attributes of Gen-Z under the microscope, and interrogates how five industry players — Nike, Brandy Melville, Morphe, Depop and Louis Vuitton — have successfully capitalised on the Gen-Z opportunity.
Retail
Abercrombie & Fitch Posts First Quarter Loss of $62 Million
The struggling teen retailer reported a loss of nearly $62 million in its first quarter. Earlier this month, it confirmed it was in talks with several parties about a potential deal.
Retail
Britain's Arcadia in Talks Over Topshop's Australian Arm
British retail tycoon Philip Green's Arcadia Group is in preliminary talks to take control of its troubled Australian franchise partner for his Topshop brand.
Retail
Rue21 Files For Chapter 11 Bankruptcy Protection
The retailer, reeling under debt and declining foot traffic, is the latest in a long line of retailers filing for bankruptcy as shoppers shift their spending online.
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Technology
Snap CEO Evan Spiegel Dismisses Growth Shortfall
After reporting revenue and user growth that missed estimates, Snap Inc CEO Evan Spiegel spoke as if the quarter was a success deflecting questions and concerns by explaining that people may just not understand the value of his platform yet.
Retail
Abercrombie & Fitch Confirms Deal Talks With Several Parties
The teen clothing retailer confirmed it was in talks with interested buyers, adding it was in preliminary discussions with several parties about a potential transaction.
Retail
Report: Abercrombie & Fitch Hires Advisers to Field Takeover Approaches
The company's shares are trading at a 17-year low, making it a vulnerable acquisition target, having struggled as its logo-stamped t-shirts and sweaters have lost their fashion appeal.
Retail
Op-Ed | Teenage Spending Habits Are at Odds With Investors' Retail Wisdom
A report showed that just because teens have jobs, that doesn't mean they want to spend their hard-earned money on clothing and shoes like they once did.
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Retail
Urban Outfitters Misses Fourth Quarter Forecasts
The results missed Wall Street expectations by one cent.
Retail
Op-Ed | The Case for a Hollister Spinoff From Abercrombie
Maybe it's time to spin off Hollister, which seems to resonate much more with younger teenagers looking for lower price points than what its parent company offers.
Financial Markets
Abercrombie & Fitch Quarterly Sales Miss Estimates, Shares Skid
Abercrombie's net sales fell 6.5 percent to $821.73 million, down for the 15th straight quarter.
News & Analysis
Vintage Clothes Priced By Weight Attract Young Shoppers
"Anyone over 35 might look at you blankly if you mention vintage kilo sales, but they are increasingly popular with teenagers and students looking
The News in Brief
Pandora Nudges Up Outlook, Speeds Up Launches
The jeweller edged up its near-term revenue and profitability targets as efforts to keep the brand affordable pay off.
Novo Nordisk Hikes 2026 Outlook Again
The Ozempic maker raised its full-year outlook for the third time this year on Wednesday as its Wegovy pill beat third-quarter sales forecasts, boosting the Danish firm's bid to win back ground from US rival Eli Lilly.
Dsm-Firmenich Raises Growth Outlook in Line With Expectations
The fragrance firm reported third-quarter core profit a touch above market expectations on Wednesday, and raised its full-year growth outlook but failed to impress investors.
M&S Sales Recovering After Last Year’s Cyber Attack
Sales and profit from clothing and homeware remain below two years ago but ‘brand is in good health.’
A-Cold-Wall Names Joshua Bullen as First Designer in Residence
Owner Four Marketing is transitioning the label from founder-led brand to a studio-driven platform, with Bullen’s debut collection scheduled for Autumn/Winter 2027 in Paris
Renowned British Hairstylist John Frieda Has Died
The hairdresser and founder had a career spanning more than half a century, working with the likes of Princess Diana and Madonna.
Zalando Launches AI Shopping Agent as Discounts Squeeze Margins
Zalando reported a 0.9 percentage-point drop in its third-quarter gross profit margin to 38.7%, missing market expectations, according to analysts at Jefferies and JPMorgan.