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.
Amid ‘Retail Apocalypse,’ The Future of Commerce Is Community
In a world where traditional retail is dying, stores must embrace communal experiences, explained retail futurist Doug Stephens on stage at #BoFVOICES. Watch now.
Colette’s Sarah Andelman Reveals Next Move
On the #BoFVOICES stage, Colette's Sarah Andelman announced her next move following the closure of the beloved Parisian concept store: a new consulting company called Just An Idea. Watch now.
Creating a Community Through Urban Retail
At its new 80 Collins Street site, QIC Global Real Estate is adopting a hyper-local strategy, elevating Melburnian creative culture for a global audience while fostering a local community through experiences.
Survival Mode for Japan’s Department Stores
Wave after wave of closures have hit the US and China, but Japan’s distinguished department stores were thought to be relatively safe from the era of 'new retail' — until now.
A New Era of Retail Is Coming
Toxic mass merchants are making brands commoditised hostages in a high-speed chase to the bottom. But a new class of experiential retailers is rising.
How Top Shops Like Barneys, Saks and Bergdorf Do Black Friday
Lines are short and no doors get busted, but there are still sales to enjoy and deals to find.
Luxury Retail's War with Organised Crime
The number of smash-and-grab thefts in the fashion and luxury industry is rising. How can retailers protect themselves?
J. Crew's Sales Plummet, Overshadowing Growth at Madewell Brand
The company has made progress cutting expenses and boosting margins and expects to close 50 stores this year.
Urban Outfitters Jumps as Free People Brand Leads Sales Rebound
Urban Outfitters joins a group of companies that have pulled out of slumps by diversifying across brands — a development that may spark optimism in a sector that’s struggled to come up with winning formulas this year.
Despite Amazon, Brick-and-Mortar Stores Are Not Dead Yet
Positive quarterly results from retailers like Walmart suggest the battle for consumers is far from lost at physical stores.
Ugly Fashion Is Big Business
From Crocs to bumbags and Birkenstocks, universally ugly ‘It’ accessories have been rebranded into the cult items of the season. BoF explores why ugly fashion sells.
Wal-Mart Growth Hits Post-Recession High as It Chases Amazon
The world’s biggest retailer has now delivered 13 consecutive quarters of sales growth in its home market, helped by price cuts, cleaner stores and an aggressive push online.
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.