Carlos Nazario Appointed Editor in Chief of Wonderland
The fashion editor and stylist is reuniting with longtime collaborator Alastair McKimm, chief creative officer of Wonderland parent Visual Talent Ltd.
trade
News & Analysis
At Micam: Nurturing Thought Leadership in Footwear
Europe’s largest footwear trade show is making longterm investments in content programming, covering topics from sneaker culture to experiential retail and digital sustainability — seeking to benefit attendees and the industry at large.
China
Alibaba Stock Rallies on Handsome Profit Beat
Shares went up 6 percent as the e-commerce giant reported quarterly profit far above market expectations and played down worries of Chinese economic slowdown and US tariffs.
China
Alibaba Shows Signs of Strain as China's Economy Shudders
The e-commerce giant shed about $120 billion of market value through Friday since peaking in June.
Financial Markets
The Year Ahead: Trade Reshaped by Uncertainty
The apparel trade could be reshaped by new barriers, trade tensions and uncertainty. However, there may also be new opportunities from growing South-South trade and the renegotiation of trade agreements.
Financial Markets
The Year Ahead: Caution as Economic Downturn Looms
A potential turn in the economic cycle is prompting concern among industry executives over prospects for the coming year.
Financial Markets
Nike Shares Rise After Strong Quarterly Results
Shares rose 8 percent on Friday, after solid quarterly results eased concerns about escalating Sino-American trade tensions.
China
China Stocks Weaken on Trade Concerns
Chinese stocks weaken amid doubts whether the US and China will come to an agreement in the 90-day trade truce.
China
China Says US-China Trade Talks Should Be Equal, Mutually Beneficial
Trump and Xi are expected to hold talks at next week's G20 summit as trade ties between the two countries become increasingly fraught.
China
Why Chanel Is Raising Prices On Its Most Popular Bags
This week, everyone will be talking about Chanel's global price hike, Tapestry's take on the US-China trade war and Cardi B's collection for Fashion Nova. Read our BoF Professional Cheat Sheet.
Luxury
Report: North Korea Bought $640 Million in Luxury Goods From China in 2017
The imports are in defiance of UN sanctions outlawing such trade over North Korea's nuclear and missile programmes, said a South Korean lawmaker.
Luxury
Ermenegildo Zegna Chinese Demand Slows Due to Trade War
The luxury suit brand is turning cautious and planning a more conservative budget for investment in China next year.
News & Analysis
Gap Might Increase Its Prices Due to Tariffs on Chinese Goods
While most of the apparel company’s products are from Vietnam, about 22 percent still come from China.
The News in Brief
Aritzia Seeks to More Than Double Sales by 2032
New categories and brick-and-mortar expansion beyond North America are set to drive Aritzia’s quest to hit $10.5 billion CAD ($7.5 billion).
Pop Mart Quarterly Sales Fall Up to 50% as Labubu Fad Cools
Sales in the Americas fell 70 to 75 percent.
Zegna to Take Summer Fashion Show to Beijing
The Italian label has continued to enjoy solid growth in China, defying a wider downturn in demand for European luxury. The June 11 presentation of its summer collection will be the latest in a series of travelling shows.
Beiersdorf Sales Slightly Miss Expectations on Nivea Weakness
The German consumer goods maker marginally missed market expectations for third-quarter sales growth on Tuesday, with its key Nivea brand posting a third straight quarterly sales decline.
Audemars Piguet to Certify Its Pre-Owned Watches Following Rolex
Whereas Rolex is both a buyer and seller of its second-hand watches through official retail partners, Audemars is setting up a marketplace where sellers set prices.
Mike Ashley’s Frasers Says It’s Taken Control of Hugo Boss
The British retail group has pushed its stake in the German apparel brand above 50 percent in a move that will turn Hugo Boss into a subsidiary of Frasers.
Shein Agrees to Pay $100 Million to Settle US FTC Probe
The settlement, equivalent to 44 percent of the ultra fast-fashion company’s second-quarter profit, is the latest blow amid regulatory and tax crackdowns in Europe and the US that have hampered Shein’s growth.