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.
Levi’s Hit by Weakness in US Wholesale
The denim brand reported a 4 percent drop in third-quarter profit, the first fall since the 165-year-old company went public in March.
Case Study | How Ganni Turned a Local Label Into a Global Brand
In our in-depth case study, BoF examines how Ganni went from a niche Danish cashmere label to a cult favourite on the brink of global expansion.
Selfridges Sees Slowing Growth Amid Heavy Investment
The investment in experiential and digital offerings has boosted sales but also hit operating profit at the UK retailer.
H&M's Outlet Brand Afound Shifts Focus Towards Online
The outlet sells marked-down clothes from various external brands and is part of H&M's ongoing efforts to broaden its customer base.
Rent the Runway Says It's Open Again After Supply Chain Crisis
The fashion-rental company is trying limit the damage after subscribers last month said that outfits they ordered for special events didn’t arrive on time or were canceled without warning.
The New Rules of Merchandising
The internet has disrupted the way brands and retailers turn designs into the sort of products that fly off shelves, elevating the role of the merchandiser. Companies that encourage collaboration and intuition informed by data can stay a step ahead.
New Study Shows Female British Consumers are not as ‘Woke’ as Their US Counterparts
Responses to offensive product launches are gender- and market-specific, with more women than men expecting immediate action in both the US and UK, according to a recent survey from First Insight.
UK Retailers Suffer Worst September on Record
Total retail sales values declined 1.3 percent in the year to September, adding to signs that the consumer economy is starting to crack in the run-up to Brexit.
Colette’s Sarah Andelman: How to Win at Retail
The consultant and former creative director of the famed Paris concept store that closed in 2017 says that ‘Colette wouldn’t work today.’ Here’s what she thinks resonates with fashion consumers in a post-internet era.
Burberry Partners with The RealReal to Tap Fast-Growing Resale Market
The luxury British brand will offer consignors of its items a personal shopping experience, enticing them back into its stores.
Who Will Buy Barneys?
This week, everyone will be talking about who will buy Barneys New York, the (potential) release of Kanye West's latest album and the protests in Hong Kong. Get your BoF Professional Cheat Sheet.
Op-Ed | Ann Taylor Is Part of a Failed Retail Experiment
Ascena Retail Group Inc.’s gloomy quarterly results are a reminder not just of why the giant chain feels such enormous pressure to change. They also show the challenges retailers face when they try to create a whole greater than the sum of its parts.
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.