Hugo Boss Chairman to Step Down Amid Frasers Group Pressure
Stephan Sturm is stepping down, as the German fashion house's largest shareholder seeks to beef up its board representation alongside its takeover bid for the brand.
wholesale
Luxury
Why Fashion Is Maxing Out on Minimalism
The Row’s success – including a recent investment from the families behind Chanel and L’Oréal at a unicorn valuation – is the most prestigious example of a rising generation of women-led independent brands that sell minimalist, approachably chic clothes. Some of them have billion-dollar aspirations of their own.
Why Fashion Is Maxing Out on Minimalism
The Row’s success – including a recent investment from the families behind Chanel and L’Oréal at a unicorn valuation – is the most prestigious example of a rising generation of women-led independent brands that sell minimalist, approachably chic clothes. Some of them have billion-dollar aspirations of their own.
Retail
Why Mytheresa Bought Yoox-Net-a-Porter
The merger between the luxury e-tailers has potentially far-reaching implications for the troubled sector.
Why Mytheresa Bought Yoox-Net-a-Porter
The merger between the luxury e-tailers has potentially far-reaching implications for the troubled sector.
Luxury
Mytheresa Grows Sales Amid Continued Focus on Top Clients
After surviving the luxury e-commerce slowdown this year, Mytheresa is preparing for the future by introducing new initiatives to retain its stronghold on its highest spending customers.
Mytheresa Grows Sales Amid Continued Focus on Top Clients
After surviving the luxury e-commerce slowdown this year, Mytheresa is preparing for the future by introducing new initiatives to retain its stronghold on its highest spending customers.
Fashion Week
At New York Fashion Week, Sergio Hudson Means Business
Now in his eighth year, Hudson is evermore calculated — testing the waters with menswear and leaning into versatile, wearable looks as he aims to grow his brand.
At New York Fashion Week, Sergio Hudson Means Business
Now in his eighth year, Hudson is evermore calculated — testing the waters with menswear and leaning into versatile, wearable looks as he aims to grow his brand.
Retail
Walmart Makes Its Fashion Week Debut
America’s largest retailer hosted a pop-up shop in New York City over the weekend, touting its affiliation with designer Brandon Maxwell and announcing its fashion ambitions after recent seasons of promising sales in apparel.
Walmart Makes Its Fashion Week Debut
America’s largest retailer hosted a pop-up shop in New York City over the weekend, touting its affiliation with designer Brandon Maxwell and announcing its fashion ambitions after recent seasons of promising sales in apparel.
Luxury
Phoebe Philo Launches Brick-and-Mortar Wholesale
After launching as a direct-to-consumer, online-only venture, the LVMH-backed label is diversifying its distribution strategy
Phoebe Philo Launches Brick-and-Mortar Wholesale
After launching as a direct-to-consumer, online-only venture, the LVMH-backed label is diversifying its distribution strategy
Luxury
Why Theophilio Is Giving Fashion Week Another Shot
The New York-based label will return to the schedule after a three-season hiatus. This time around, the business is in a much healthier financial state, said designer Edvin Thompson, and is now eyeing a supply chain expansion.
Why Theophilio Is Giving Fashion Week Another Shot
The New York-based label will return to the schedule after a three-season hiatus. This time around, the business is in a much healthier financial state, said designer Edvin Thompson, and is now eyeing a supply chain expansion.
Technology
Farfetch to Shutter Its E-commerce Software Service
The luxury e-tailer is closing Farfetch Platform Solutions, which provides online shopping tools for retailers like Harrods, as Farfetch’s operating losses drags down its new owner Coupang’s profits.
Farfetch to Shutter Its E-commerce Software Service
The luxury e-tailer is closing Farfetch Platform Solutions, which provides online shopping tools for retailers like Harrods, as Farfetch’s operating losses drags down its new owner Coupang’s profits.
Direct-to-Consumer
Rothy’s Charts International Expansion With a Pop-Up in Liberty London
After a sales dip and leadership change last year, the brand, known for its knit flats, is embarking on a global retail push to kickstart its growth recovery, starting with a debut in the British department store.
Rothy’s Charts International Expansion With a Pop-Up in Liberty London
After a sales dip and leadership change last year, the brand, known for its knit flats, is embarking on a global retail push to kickstart its growth recovery, starting with a debut in the British department store.
Entrepreneurship
How to Grow a $100 Million Brand: Diversifying Your Offering | BoF Insights
Today’s brands are constrained by crises across direct-to-consumer and wholesale distribution and limited external funding pools. But it is still possible to scale a small label, even in today’s tough environment. In part two of this series, BoF Insights spoke with investors and brand leaders about how to translate cultural heat into commercial success via diversification.
How to Grow a $100 Million Brand: Diversifying Your Offering | BoF Insights
Today’s brands are constrained by crises across direct-to-consumer and wholesale distribution and limited external funding pools. But it is still possible to scale a small label, even in today’s tough environment. In part two of this series, BoF Insights spoke with investors and brand leaders about how to translate cultural heat into commercial success via diversification.
Luxury
Hugo Boss Sells Russian Business to Wholesale Partner Stockmann
The German fashion company suspended its retail business in Russia soon after Moscow invaded Ukraine in February 2022. It also paused its e-commerce activities in the Russian market and stopped advertising.
Hugo Boss Sells Russian Business to Wholesale Partner Stockmann
The German fashion company suspended its retail business in Russia soon after Moscow invaded Ukraine in February 2022. It also paused its e-commerce activities in the Russian market and stopped advertising.
Retail
Inside LuisaViaRoma’s Flashy New York Bet
The legacy Florentine retailer is betting its new sprawling outpost in New York’s trendy NoHo neighbourhood can become an indelible retail destination for the city’s discerning fashion crowd.
Inside LuisaViaRoma’s Flashy New York Bet
The legacy Florentine retailer is betting its new sprawling outpost in New York’s trendy NoHo neighbourhood can become an indelible retail destination for the city’s discerning fashion crowd.
The News in Brief
CFDA’s Steven Kolb Involved in Altercation with PETA Protestors
The trade body’s president physically restrained animal rights activists after they stormed a Cos runway show at New York Fashion Week.
GQ Philippines Names Danyl Geneciran Editor in Chief
The former Vogue Man Philippines editor will helm GQ’s 23rd international title, whose debut issue features covers starring Darren Criss, Jordan Clarkson and Erwan Heussaff.
Human Made Discloses $3.6 Million Undercover Purchase Price and Long-Term Financial Targets
The Tokyo-listed company will pay $3.6 million in cash for 100 percent of Undercover, with founder Jun Takahashi relinquishing corporate duties to focus solely on design.
Arizona Accuses L’Oréal of Concealing Cancer Risks Linked to Hair Relaxers
The beauty conglomerate faces over 12,000 similar lawsuits filed by individuals that have been consolidated in a Chicago federal court.
Space NK Names New CEO, Andy Lightfoot Steps Down
Chief marketing officer Emma Simpson-Scott will succeed Lightfoot, who is leaving the UK retailer after seven years at the helm.
EssilorLuxottica Managers Defend CEO After Heir Lashes Out
Twenty top lieutenants to CEO Francesco Milleri came to their boss’s defense in an escalating feud with Leonardo Maria Del Vecchio, a son of the founder who abruptly left a senior role at the company.
Zara Owner Looks to US for Next Phase of Growth
Inditex is investing in the US as a key growth market, CEO Oscar Garcia Maceiras told Reuters, with store revamps and new openings planned across its Zara, Massimo Dutti and Bershka brands.