Report: Abercrombie to Seek Fresh Backers for China Business
The US-listed company is conducting a review of its Chinese assets and may sell a stake in the unit, which could be valued at several hundred million dollars, Bloomberg reported.
wholesale
Luxury
How a Farfetch-Richemont Deal Would Shape the Future of Luxury Online
This week, everyone will be talking about a possible partnership between Richemont and Farfetch, Prada’s Capital Markets Day and the arrival of products from Balenciaga and Gucci’s ‘Hacker Project.’
How a Farfetch-Richemont Deal Would Shape the Future of Luxury Online
This week, everyone will be talking about a possible partnership between Richemont and Farfetch, Prada’s Capital Markets Day and the arrival of products from Balenciaga and Gucci’s ‘Hacker Project.’
Luxury
Inside Neiman Marcus’ Post-Bankruptcy Playbook
The luxury department store company plans to win shoppers with redesigned stores, faster shipping and digitised personal shopping.
Inside Neiman Marcus’ Post-Bankruptcy Playbook
The luxury department store company plans to win shoppers with redesigned stores, faster shipping and digitised personal shopping.
Retail
UK’s Superdry Faces Weeks-Long Supply Delays at Wholesale Business
British fashion retailer Superdry said on Thursday it was facing delays of up to six weeks in despatching stock at its wholesale business ahead of the crucial holiday season due to global supply chain issues.
UK’s Superdry Faces Weeks-Long Supply Delays at Wholesale Business
British fashion retailer Superdry said on Thursday it was facing delays of up to six weeks in despatching stock at its wholesale business ahead of the crucial holiday season due to global supply chain issues.
Retail
Allbirds Won Over Investors. Now What?
The sustainable sneaker company saw shares soar in its debut, but a strong opening act doesn’t guarantee success down the line, critics say.
Allbirds Won Over Investors. Now What?
The sustainable sneaker company saw shares soar in its debut, but a strong opening act doesn’t guarantee success down the line, critics say.
Retail
Unpacking Nike’s New Partnership with Dick’s Sporting Goods
The sports and fitness retailer, which saw sales soar since the start of the pandemic, is one of Nike’s most important retailers in its direct-to-consumer focused era.
Unpacking Nike’s New Partnership with Dick’s Sporting Goods
The sports and fitness retailer, which saw sales soar since the start of the pandemic, is one of Nike’s most important retailers in its direct-to-consumer focused era.
China
7 Shanghai Powerbrokers on the Future of China’s Fashion Ecosystem
As influencers, buyers and editors gather for the latest Shanghai Fashion Week, industry insiders share their thoughts on China’s creative ecosystem and what needs to happen for the city to become a global fashion capital.
7 Shanghai Powerbrokers on the Future of China’s Fashion Ecosystem
As influencers, buyers and editors gather for the latest Shanghai Fashion Week, industry insiders share their thoughts on China’s creative ecosystem and what needs to happen for the city to become a global fashion capital.
Fashion Week
What’s Next for the Fashion System?
The radical overhaul proposed by independent designers last year never gained traction, but the pandemic has been a catalyst for individual brands to shift the way they market and deliver collections.
What’s Next for the Fashion System?
The radical overhaul proposed by independent designers last year never gained traction, but the pandemic has been a catalyst for individual brands to shift the way they market and deliver collections.
Luxury
Canada Goose Expands Into Footwear
With the release of a $1,300 winter boot, Canada Goose is looking beyond its puffer jacket hero product.
Canada Goose Expands Into Footwear
With the release of a $1,300 winter boot, Canada Goose is looking beyond its puffer jacket hero product.
Entrepreneurship
Why Some Black Founders Are Uneasy About Fashion’s Diversity Initiatives
Black-owned brands are in the spotlight, but some entrepreneurs worry that aligning their own racial identities with those of their brands will alienate some customers — and not all retailers are coming to them with mutually beneficial offers.
Why Some Black Founders Are Uneasy About Fashion’s Diversity Initiatives
Black-owned brands are in the spotlight, but some entrepreneurs worry that aligning their own racial identities with those of their brands will alienate some customers — and not all retailers are coming to them with mutually beneficial offers.
Retail
One Year Later, the 15 Percent Pledge Raises Its Ambitions
As Nordstrom announces a 10-year partnership with the organisation launched on Instagram after George Floyd’s death to call on retailers to spend more money on Black-owned brands, founder Aurora James and board member Emma Grede tell BoF about keeping up the momentum and supporting entrepreneurs.
One Year Later, the 15 Percent Pledge Raises Its Ambitions
As Nordstrom announces a 10-year partnership with the organisation launched on Instagram after George Floyd’s death to call on retailers to spend more money on Black-owned brands, founder Aurora James and board member Emma Grede tell BoF about keeping up the momentum and supporting entrepreneurs.
Luxury
Richemont’s New Brand Is a Long-Term Play
The conglomerate has acquired Delvaux, a 200-year-old handbag brand that has seen rising sales in recent years. But the deal doesn’t help Richemont close the soft luxury gap with rivals Kering and LVMH.
Richemont’s New Brand Is a Long-Term Play
The conglomerate has acquired Delvaux, a 200-year-old handbag brand that has seen rising sales in recent years. But the deal doesn’t help Richemont close the soft luxury gap with rivals Kering and LVMH.
Retail
Why PVH Sold Its Heritage Brands
The transaction marks the end of an era for the company as it aims to strengthen its main brands, Calvin Klein and Tommy Hilfiger, and recover from the pandemic. BoF speaks to chief executive Stefan Larsson.
Why PVH Sold Its Heritage Brands
The transaction marks the end of an era for the company as it aims to strengthen its main brands, Calvin Klein and Tommy Hilfiger, and recover from the pandemic. BoF speaks to chief executive Stefan Larsson.
The News in Brief
Chanel Sales Up 16% in First Half
Chanel’s sales are accelerating after returning to growth last year, Bloomberg reported citing an unnamed source. Beauty sales rose 8 percent.
P&G to Buy Supplement Maker Thorne for $3.8 Billion
Shailesh Jejurikar, chief executive of the American personal care conglomerate, told CNBC it will acquire the line from LVMH-backed private equity firm L Catterton.
Eli Lilly to Offer Early Access to Next-Gen Obesity Drug to Some Patients
Eli Lilly said on Monday it would allow a limited number of patients to have early access to its experimental obesity drug, retatrutide, before its US FDA approval.
India’s Nykaa Posts Higher Quarterly Profit on Strong Beauty Demand, Fashion Growth
India’s FSN E-Commerce Ventures, which operates beauty and fashion retailer Nykaa, reported a more than three-fold rise in quarterly profit on Tuesday, boosted by strong growth in its beauty business and a sharp acceleration in fashion sales.
Ferragamo Returns to Profit as Relaunch Strategy Advances
The Italian luxury brand swung to a net profit for the first half after growing sales in the second quarter, with turnaround efforts particularly evident in its directly owned shops.
Shein Seeks $30 Billion to $40 Billion Valuation for August IPO, Sources Say
The valuation target marks a dramatic reset for Shein, which plans to launch its IPO as early as mid-August, three people familiar with the matter said.
Zalando Narrows Profit Outlook, Sees Growth at Lower End of Range
The online fashion retailer said 2026 revenue and growth will land in the lower half of its previously guided range and narrowed its adjusted operating profit outlook.