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Global Markets

A guide to unlocking opportunity in emerging and frontier fashion markets.

Department Stores Fight Back from Online Challenge

PARIS, France — Department stores are starting to enjoy a renaissance after finding ways to attract a new generation of consumers in an age of global


The Global Business of Secondhand Clothes Thrives in Kenya

NAIROBI, Kenya — Shaded by ragged squares of canvas, amid choking dust and the noise of hawkers, shoppers in Nairobi's Gikomba market can turn up


Global Gatekeepers

The gilded key to the world’s most dynamic emerging economies is a combination of on-the-ground intelligence and loyal contacts. Six in-demand emissaries in global fashion sat down with BoF to share a few home truths about the markets on their doorstep.


Russia's VTB Capital Closes in on Roberto Cavalli

MOSCOW, Russia — VTB Capital, the investment arm of sanctioned Russian lender VTB Bank, has made a cash payment to secure a deal to buy most of


Rocket Shares Fall After Germany’s Biggest IPO Since 2007

BERLIN, Germany — Rocket Internet AG, the German company known for replicating businesses from Groupon Inc. to Airbnb Inc., fell on its first day of


Zalando Shares Surge in Online Fashion Retailer’s Trading Debut

FRANKFURT, Germany — Zalando SE surged as much as 14 percent on its trading debut in Frankfurt, as Europe's largest online fashion retailer kicked


EBay Going It Alone Challenges CEO Wenig in Competitive Market

EBay Inc.’s separation from PayPal casts the online marketplace into an environment where the stakes are much higher as Amazon.com Inc. and Alibaba Group Holding Ltd. battle for global supremacy.


Slowing Swiss Watch Growth Leads to Job Cuts at LVMH’s Tag Heuer

ZURICH, Switzerland — The Swiss watch market is growing at a slower pace than expected, leading to reduced production and job cuts at the Tag Heuer


Black Gold Fuels Fashion Boomtowns

PERTH, Australia — It is shortly after noon in Western Australia's state capital and Tony Sage is feeling mighty chipper. A scrum of well-wishers has


H&M Profit Jumps as Retailer Pushes Into New Online Markets

STOCKHOLM, Sweden — Hennes & Mauritz AB, Europe's second-biggest clothing retailer, reported a 20 percent jump in third-quarter profit as online


In China, Hermès Paces Itself

As Hermès opens its first ‘maison’ in China, BoF sits down with Weiming Cao, the company’s president for Greater China to discuss the new store, the company’s expansion strategy and building a multi-local luxury brand.


Alibaba Taps Chinese Diaspora

HONG KONG — Using a combination of word-of- mouth and advertising, Alibaba Group Holding Ltd. is tapping the millions of Chinese outside its homeland