Michael Kors Owner Capri Soars After Raising Annual Forecasts
Shares jumped after the group raised its annual revenue and profit forecasts and said it expected sales to return to growth.
Retail
Analysis and advice from the front lines of the retail transformation.
Debenhams Stumbles as Christmas Shoppers Punish Online Laggards
The London-based department store's poor year-end results highlight the widening chasm in the UK retail sector between companies that have migrated online and those still struggling to crack e-commerce.
Turkish Luxury Retailer Beymen Said to Explore IPO
Its parent company plans to offer as much as 49 percent of the department store and is in talks Bank of America, Citigroup and Deutsche Bank.
Turning Physical Stores Into Living Advertorials
As transactions move online, physical retail must amp up the drama.
Wanda to Quadruple China Malls in Rebuff to E-Commerce
China's largest commercial property company is betting that retailers will thwart the advance of e-commerce competitors by adding entertaining experiences in stores and mini-theme parks.
East Coast's Largest Mall Is Trying Something Other Than Stores
With the rise of e-commerce imposing a rapid reckoning on retailers and their landlords, mall owners are turning to everything from restaurants and bowling alleys to apartment buildings and hotels to internet-proof their properties.
Regional Hong Kong Malls Attract Goldman Sachs, Puma
Regional malls, dominated by local retailers and family-run stores, with larger brands such as Puma, Uniqlo and Giordano, are insulated from the whims of mainland Chinese tourists and competition from online shopping.
Malls Beef Up Dining, Entertainment Options to Boost Traffic
Many mall owners are spending billions to add more upscale entertainment options after Macy's, Sears and other big department store chains have shuttered hundreds of stores.
A Crucial Christmas in Store for Three Besieged UK Retailers
Despite Black Friday promotions having been spread over two weeks in November, Debenhams, New Look and House of Fraser are among the few still discounting by as much as 50 percent.
Farewell Fendi, Bonjour Dior
In an exclusive interview with BoF, LVMH’s Pietro Beccari bids goodbye to the Roman fur and leather brand and looks ahead to a new year, a new role and a new luxury world.
Ivanka Trump Opens Her Very First Store in Time for Christmas
The first daughter's new Trump tower store shows her fashion label is doubling down on plans to reach consumers directly rather than relying on wholesale partners like Macy’s and Hudson’s Bay.
Why Size Is More Than a Number
Fashion's thorny relationship with body size is dispiriting for consumers and bad for business, argues Alexandra Shulman.
Brazilian Shoemaker Arezzo&Co Eyes US Retail Expansion
With a celebrity fan base that includes Lady Gaga, Kate Middleton and Gigi Hadid, the finanically solid company is poised to open its first two non-flagship Schutz brand stores next year.
THE NEWS IN BRIEF
Uniqlo Scraps Price Rise on $2 Socks After Japanese Shopper Outcry
The decision underscores the challenge Japanese retailers face as persistent inflation squeezes household budgets.
Aritzia Seeks to More Than Double Sales by 2032
New categories and brick-and-mortar expansion beyond North America are set to drive Aritzia’s quest to hit $10.5 billion CAD ($7.5 billion).
Pop Mart Quarterly Sales Fall Up to 50% as Labubu Fad Cools
Sales in the Americas fell 70 to 75 percent.
Mike Ashley’s Frasers Says It’s Taken Control of Hugo Boss
The British retail group has pushed its stake in the German apparel brand above 50 percent in a move that will turn Hugo Boss into a subsidiary of Frasers.
Shein Agrees to Pay $100 Million to Settle US FTC Probe
The settlement, equivalent to 44 percent of the ultra fast-fashion company’s second-quarter profit, is the latest blow amid regulatory and tax crackdowns in Europe and the US that have hampered Shein’s growth.
UK Retail Sales Fall 0.4% in September, More Than Forecast
Sales fell in September as above-average temperatures hit demand for autumn clothing.
David’s Bridal Plans Spinoff and IPO of AI Wedding Planning Platform Pearl
Pearl, a subsidiary of David’s Bridal, will own David’s Bridal and license its intellectual property back to the bridalwear brand. David’s Bridal CEO Kelly Cook will serve as Pearl’s CEO.