H&M Profit Rises on Tariff Refunds as Sales Remain Sluggish
US tariff refunds drove an increase operating profit, even as the fast-fashion retailer has struggled to deliver consistent sales growth.
Retail
Analysis and advice from the front lines of the retail transformation.
The Rise and Fall of Topshop: What Went Wrong
Parent-company Arcadia’s collapse marks the UK’s biggest corporate casualty of the pandemic. What comes next for the brand that was once the crown jewel of the high street?
BoF LIVE: Are Marketplaces the New Department Stores?
BoF’s Lauren Sherman joins the founders of The Yes, Not Just a Label and Henning to discuss the future of multi-brand retail.
YNAP Replaces CEO Marchetti, Buying Director Heads to Rival
An internal hire from owner Richemont will take the reins at YNAP, as buying director Elizabeth von der Goltz joins a recent talent exodus.
Where VCs Are Placing Their Bets
Financiers are pouring money into e-commerce businesses at a record rate, anticipating new pandemic-driven opportunities.
Can Fashion Salvage Christmas Sales?
This week, everyone will be talking about how the industry can drive crucial holiday season sales, another month of digital events and BoF’s annual VOICES conference. Get your BoF Professional Cheat Sheet.
Can New Leadership Save Victoria’s Secret?
The ailing lingerie brand has beat analyst’s expectations this year. But it’s betting on an executive overhaul to help it finally pull off a turnaround.
The Future of Buying
As the pandemic reshapes the retail landscape, the role of buyers is changing too.
Struggling J. Crew Replaces Another CEO
Jan Singer, who only joined the ailing retailer in February, will be succeeded by Madewell chief executive Libby Wadle.
Black Friday and Fashion’s Cloudy Holiday Outlook
This week, everyone will be talking about the kickoff to the holiday shopping season, financial results from a trio of mall brands and the status of Brexit negotiations. Get your BoF Professional Cheat Sheet.
What Happens When Retail Landlords Invest in Their Tenants?
As store closures reach a record high in the wake of the pandemic, brands and property owners are working more closely together. But it’s not a perfect union.
Sanahunt’s Oskana Moroz-Hunt on Developing Luxury Menswear in Ukraine
BoF sat down with Oksana Moroz-Hunt, president and founder of Sanahunt, to learn how the largest luxury store in Ukraine is developing its menswear business.
J.Crew’s Survival Plan: Edit Out ‘the Ugly’
The struggling American retailer has a new chief executive in industry veteran Jan Singer. Will her strategy bring it back from the brink?
THE NEWS IN BRIEF
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.
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.