Asos Names Law Roach ‘Stylist in Residence’
Online fashion retailer Asos has brought on celebrity stylist Law Roach to bring his creative lens and styling approach to its campaigns and recently relaunched magazine.
Retail
Analysis and advice from the front lines of the retail transformation.
Why Preppy J.Crew Staked Its Future on a Streetwear Star
Brendon Babenzien, co-founder of the streetwear brand Noah and former Supreme designer, joins the mall brand’s mens business as creative director. But an updated look won’t solve all of J.Crew’s problems.
The Post-Pandemic Bridal Opportunity
After a year of postponements and cancellations, expect a wedding boom this summer. Brands are updating their strategies to cater to brides buying multiple dresses and shopping online.
Ralph Lauren Sold Club Monaco. What’s Next?
The American retailer joins Gap Inc and others in shedding a smaller label to focus on its core. But the road to growth will be bumpy, analysts say.
Ralph Lauren Sells Club Monaco to Private Equity Firm Regent
The deal concludes a strategic overhaul announced last year.
Why Instagram Still Isn’t a Shopping Destination
Two years after the debut of Instagram Checkout, many brands say their customers are unlikely to make purchases directly through the app.
Duty-Free Giants Offer Free Flights To Lure VIP Shoppers
Flights to nowhere are an attempt by duty-free operators to salvage an industry decimated by Covid-19.
How L Brands Brought Victoria’s Secret Back From the Brink
After spending the last year boosting the lingerie retailer’s financial health, its owner is planning a spinoff.
Is the Consumer Spending Rebound for Real?
This week, everyone will be talking about two key pieces of US economic data, fashion tech earnings and the new Halston miniseries on Netflix.
Renzo Rosso Aims to Unite Italy’s Fashion Industry
The president of Diesel-owner OTB is on a mission to convince Italy’s many small fashion players that their survival depends on working together.
Can Private Equity Win With Fashion E-Commerce?
Gap is offloading Intermix to Altamont Capital Partners, which aims to triple sales on the back of post-pandemic exuberance and e-commerce. Finding a satisfying exit may prove tough.
Can TikTok’s Biggest Stars Build Abercrombie’s Next Brand?
A new partnership with Dixie and Charli D’Amelio, in the form of a brand called Social Tourist, gives a look at the company’s ambitions.
BoF LIVE: How to Build Customer Loyalty
With new product launches increasingly saturating the market, brands rely on customer loyalty more than ever. In the latest #BoFLive, a host of experts explain how retaining customers is just as important as creating a community in the first place.
THE NEWS IN BRIEF
Boohoo’s New Chairman Stirs Controversy as Broker Drops Coverage
The online clothing retailer, which rebranded as Debenhams Group last year, said Friday that Iain McDonald had taken over from Tim Morris with immediate effect in a move aimed at ‘rebuilding equity value.’
UK Retail Sales Bounce Back With 0.5% Gain in August
Warm weather and a brighter national mood helped lift spending on clothing and household goods despite rising energy bills.
Authentic Brands Targets Creator Economy, Eyes Public Offering
The licensor could pursue an IPO as early as the first half of next year.
JD Sports Names New North America CEO, Chief Marketing Officer
The sneaker retailer is shaking up its North American leadership as it looks to reverse soft sales and an extended slump in the stock market.
Top Africa Clothes Retailer Pepkor Sinks on Earnings Outlook
Shares in the South African discount clothing retailer fell the most in more than three years, as an expansion into banking weighed on profit forecasts.
Fayed Abuse Victims Seek Up to £150 Million From Harrods
The retailer currently has a £62 million provision set aside for redress payments, but victims’ lawyers say more is likely needed.
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.