Naomi Campbell Wins Appeal Against Charity Trustee Ban
A London tribunal ruled that the misuse of funds at the charity the supermodel founded had been concealed from her.
News & Analysis
Fashion News, Analysis and Business Intelligence from the leading digital authority on the global fashion industry.
Tightening Company Endorsed by Paula Abdul Faces Analysts’ Judgment
The skin tightening company has announced Paula Abdul as brand ambassador, while shares rose by 55 percent.
Britain's Shoe Zone Shares Slump After Results Aarning, CEO Quits
The British retailer has experienced challenging trading conditions since May, as shares drop by 40 percent since its listing in 2014.
Baidu Bumped From China’s Internet Top 5 List Again
Once touted as a member of China’s internet triumvirate alongside Alibaba and Tencent, Baidu was displaced by much younger rival start-up Pinduoduo, known for its cheap deals and gamified shopping experiences.
Power Moves | Nordstrom Appoints Chief Merchandising Officer, YNAP-Alibaba Joint Venture Names CEO
This week, Nordstrom appoints its first chief merchandising officer, Fengmao, a joint venture between YNAP and Alibaba, names its CEO.
A Cloudy Picture at Farfetch
Investors are not taking well to the company’s evolving business model, hyperactive M&A and disappointing profit performance. Management must focus on executing the vision they have sold, writes Luca Solca.
Forever 21 Prepares for Potential Bankruptcy Filing
The company has been in talks for additional financing and working with a team of advisers to help it restructure its debts.
Calvin Klein Owner PVH Cuts Full-Year Profit, Revenue Forecast
The parent company of Calvin Klein expects US tariffs on Chinese goods to cut earnings by about 20 cents and hit full-year revenue by the end of 2019.
Boris Johnson Seeks Suspension of Parliament Ahead of Brexit
Under the plan, which buys Johnson more than a week to push ahead with his agenda, all legislative business would be suspended from September 12 until October 14.
The New Way Celebrity Stylists Are Paying the Bills
Stylists best-known for working with celebrities like Angelina Jolie and Matthew McConaughey are signing onto an app where they dole out wardrobe advice to the public.
Insights From the Specialty Retail Market
In order to discover their latest insights on the state of the specialty wholesale retail market, BoF interviews three brands — ranging from multi-million-dollar to niche — showing at Coterie, a key player in the global fashion tradeshow calendar.
China's Sportswear Leader Feels the Trade War Heat
Anta’s global ambitions come at a tricky time, as an intensifying tit-for-tat tariff war is making it more expensive to manufacture in China
Report: Barneys Nears Sale to Online Luxury Retailer Farfetch
"Barneys is in advanced talks to sell itself to Farfetch in a deal that would also save the high-end clothing seller’s flagship Manhattan store,
THE NEWS IN BRIEF
Model Presley Gerber, Cindy Crawford’s Son, Dies Aged 27
The model had spoken publicly about a years-long struggle with depression and addiction.
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.
Arnault Drops Out of World’s Top 10 Richest as US Tech Dominates
The LVMH chairman’s net worth fell to $143 billion on Thursday, pulling him beneath Warren Buffett, Bloomberg reported.
EssilorLuxottica Starts Buyback to Bolster Stock After Heir Exit
The brand plans to buy back more than €800 million ($932 million) of stock, seeking to bolster investor confidence after a slide in its shares and the exit of an heir of the eyewear maker’s founder from his management roles.
US Consumer Confidence Hits Seven-Month Low on Worse Outlook
Looking ahead, consumers surveyed by the Conference Board expressed negative sentiment towards future job and income prospects.
EssilorLuxottica Founder’s Son Quits Management Roles After Reported Rift With CEO
Leonardo Maria Del Vecchio is stepping down as chairman of the Ray-Ban brand and as chief strategy officer, the company said, after reports of tensions with CEO Francesco Milleri.
US, Canada Still See Sticking Points Before Deadline for 50% Tariffs
Canadian and US negotiators are working against an Aug. 19 deadline to avert 50 percent tariffs on Canadian goods. While discussions remain constructive, significant work is still required to resolve key trade disputes.