Lenzing Closes UK, Austria Sites in Turnaround Bid
The closures are the latest in a series of cost-cutting and refinancing measures at the textile maker, which has faced headwinds from competition in China and India.

Companies are flocking to challenge the administration's import taxes in court, after the Supreme Court started asking tough questions.

Companies are flocking to challenge the administration's import taxes in court, after the Supreme Court started asking tough questions.

Lenders are struggling to measure how much — if anything at all — they should loan to the cash-strapped luxury retailer.

Lenders are struggling to measure how much — if anything at all — they should loan to the cash-strapped luxury retailer.

Brian Baskin and Sheena Butler-Young sit down with BoF correspondent Marc Bain to unpack why executives are calling 2026 a ‘challenging’ year.

Brian Baskin and Sheena Butler-Young sit down with BoF correspondent Marc Bain to unpack why executives are calling 2026 a ‘challenging’ year.

From over-the-top accessories to slimmed-down shoes, consumers’ 2025 purchasing habits were driven by a desire for individuality.

From over-the-top accessories to slimmed-down shoes, consumers’ 2025 purchasing habits were driven by a desire for individuality.

Central London recorded a 7.7 percent decline in visitors compared with a year earlier.

Central London recorded a 7.7 percent decline in visitors compared with a year earlier.

Tariffs, bankruptcies and a botched department store merger exposed deep fault lines across the industry, but amid the turmoil, nimble brands and retailers found ways to gain ground.

Tariffs, bankruptcies and a botched department store merger exposed deep fault lines across the industry, but amid the turmoil, nimble brands and retailers found ways to gain ground.

Almost two months after its doors opened, efforts to resist the fast-fashion retailer in France are falling flat.

Almost two months after its doors opened, efforts to resist the fast-fashion retailer in France are falling flat.

As wholesale continues to be challenged and marketing costs soar, trunk shows are fuelling sales — that is, for brands that know how to get in front of the right people.

As wholesale continues to be challenged and marketing costs soar, trunk shows are fuelling sales — that is, for brands that know how to get in front of the right people.

Retailers are hoping to make the most of surprisingly strong consumer spending as the crucial end-of-year shopping season draws to a close.

Retailers are hoping to make the most of surprisingly strong consumer spending as the crucial end-of-year shopping season draws to a close.

Matches is plotting yet another reboot, Ssense has a restructuring lifeline and an interest payment looms for Saks. Together, they signal an industry in crisis, but hope springs eternal.

Matches is plotting yet another reboot, Ssense has a restructuring lifeline and an interest payment looms for Saks. Together, they signal an industry in crisis, but hope springs eternal.

The consumer price index rose 2.7 percent year on year in November, the Labor Department’s Bureau of Labor Statistics said on Thursday.

The consumer price index rose 2.7 percent year on year in November, the Labor Department’s Bureau of Labor Statistics said on Thursday.

A disappointing US Black Friday and cooling resale demand have revived comparisons to the 1990s’ Beanie Babies bust.

A disappointing US Black Friday and cooling resale demand have revived comparisons to the 1990s’ Beanie Babies bust.
The closures are the latest in a series of cost-cutting and refinancing measures at the textile maker, which has faced headwinds from competition in China and India.
The department store has more than doubled the size of its fabrics department and will host crafting classes this autumn as social media drives a surge in activities like sewing.
After crossing the 30 percent ownership threshold, Frasers is now required to make a mandatory takeover bid under German rules.
The budget fashion chain said it would reduce prices by up to 29 percent across hundreds of products, seeking to improve trading ahead of next year’s spin off.
GU, a lower-priced counterpart to Uniqlo, is betting a former luxury fashion designer can help turn $18 jeans into global success.
A decade after the Brexit referendum, Joor transaction data reveals EU retail spend on UK labels has plunged to under 7 percent, while UK retailers’ allocation to European brands has nearly halved.
The British bootmaker cited encouraging wholesale trends in its largest market, the US, as it stuck to its fiscal 2027 outlook.
Donald Tang, who has acted as the Western representative of secretive Shein founder Sky Xu, will transition to a senior adviser role.