Joe Corré’s Light House Club Launches Pop-Up Spaces for Emerging Designers
Independent creatives can apply to utilise pop-up spaces at Light House to sell merchandise and meet with clientele.
Retail
Analysis and advice from the front lines of the retail transformation.
Catalyst Tops Baker's C$1.9 Billion Offer for Hudson's Bay
The private equity firm has offered C$11 per share for the Canadian retailer.
Allbirds Calls out Amazon for Mimicking Its Wool Sneaker
The footwear retailer is the latest brand to take a swipe at the e-commerce platform, alleging the company copied their $95 eco-friendly sneakers.
Barneys Bankruptcy Leads to Rare Black Friday Deals
The luxury retailer is offering store-wide discounts of up to 35 percent on brands such as Prada and Bottega Veneta, in a bid to jettison remaining merchandise.
Abercrombie & Fitch Trims Forecast as International Business Drags
The teen retailer blamed political issues ranging from Brexit to Hong Kong protests.
Alibaba's Hong Kong Shares Close 6.6% Up After 2019's Largest Stock Sale
The Chinese e-commerce giant's debut was the third biggest on record for the Hong Kong market.
Fashion's Multi-Billion Dollar Shapewear War
New brands are capitalising on the rise of body-positive narratives with size- and colour-inclusive shapewear. What does this mean for their waist-cinching predecessors?
How Temporary Pop-Ups Became a Permanent Strategy
Once a way to temporarily fill vacant storefronts, landlords and brands alike see pop-ups as a long-term fixture in the retail landscape.
Amazon Will Reportedly Sell On China's Pinduoduo Marketplace
Amazon is now evolving its China strategy after shutterng its own online store in the country in July.
The Holiday Shopping Season Starts Now. Are Retailers Ready?
This week, everyone will be talking about Black Friday and Cyber Monday, PVH Corp.'s financial results and hunt for another brand to buy, and a new exhibition of vintage fashion at The Metropolitan Museum of Art. Get your BoF Professional Cheat Sheet here.
Roger Federer Buys Stake in Swiss Running Shoemaker
The move is prompted by the end of the tennis champion's contract with Nike Inc., Swiss newspaper NZZ reported.
Embattled Retailers Face Hong Kong’s ‘New Normal’
Renegotiating the cost of retail rent may be the only way for luxury brands to maintain their footprint in the critical but increasingly chaotic city.
Gap Rises as Interim CEO Pledges to Fix Retailer’s Missteps
Robert Fisher, the son of Gap’s co-founders, said he will 'aggressively' look to fix what’s not working while moving forward with the spinoff of Old Navy.
THE NEWS IN BRIEF
Shein Outsells British Rival Asos as UK Revenue Hits $3.41 Billion
The ultra-fast fashion company said sales had been bolstered by marketing partnerships with music festivals, a pop-up shop on London’s Oxford Street and local Christmas gift events.
Gap to Use Athleta Leader’s Exit to Rebuild Slumping Brand
The departure of Athleta’s CEO for Lululemon is a chance to ‘reimagine the brand’s path forward,’ Gap Inc. CEO Richard Dickson wrote in an internal memo viewed by Bloomberg.
Harvey Nichols’ Birmingham Store Will Close in January
The department store’s Leeds and Bristol outlets will be converted to the Flannels brand in a shake-up under Mike Ashley’s Frasers Group, which purchased the chain when it was put into administration in mid-August.
Lululemon Hires Athleta Head in Management Shakeup
Maggie Gauger is joining Lululemon as chief product officer as new CEO Heidi O’Neill looks to revive sales.
Levi’s Growth Slows After Marketing Misstep
The company lost out in its third quarter because of a decision to market baggy jeans over low rise, but still raised its sales outlook for the year.
Fast Retailing Annual Profit Jumps 32%, Beats Expectations
The Uniqlo owner hit a new record annual profit for the fifth year in a row, boosted by strong results in all regions.
Frasers Group Acquires 8.8% Stake in Under Armour
The move extends British company’s push into sports brands following a recent purchase of Puma stock.