UK Retail Sales Drop for the First Time in Three Months
Scorching weather and fewer discounts discouraged shoppers and ended a recent rebound in consumer spending as retail sales fell for the first time since April.
Retail
Analysis and advice from the front lines of the retail transformation.
Is It Time for Supreme to Sell Out?
Supreme’s adherence to its business model of drops and scarcity might now be constraining its growth rather than driving it. It might be the moment for the streetwear pioneer to give in and go fully mass-market.
Is It Time for Supreme to Sell Out?
Supreme’s adherence to its business model of drops and scarcity might now be constraining its growth rather than driving it. It might be the moment for the streetwear pioneer to give in and go fully mass-market.
Is Dupe Culture Out of Control?
The widespread availability and acceptance of dupes has cracked open access to products and trends for wider audiences. It’s also made doing business more complicated for many independent designers.
Is Dupe Culture Out of Control?
The widespread availability and acceptance of dupes has cracked open access to products and trends for wider audiences. It’s also made doing business more complicated for many independent designers.
How to Sell Inclusive Sizing in the Age of Ozempic
Offering sizes 00 to 40, DTC brand Universal Standard has seen continued demand for plus-size products despite the ubiquity of weight-loss drugs. Now, the New York-based label is taking on new markets through a series of travelling trunk shows, no stores needed.
How to Sell Inclusive Sizing in the Age of Ozempic
Offering sizes 00 to 40, DTC brand Universal Standard has seen continued demand for plus-size products despite the ubiquity of weight-loss drugs. Now, the New York-based label is taking on new markets through a series of travelling trunk shows, no stores needed.
EssilorLuxottica to Buy Supreme for $1.5 Billion
The French-Italian eyewear giant has agreed to buy the streetwear juggernaut from VF Corp. for $1.5 billion in cash, adding another lifestyle brand to a stable that already includes Ray-Ban and Oakley.
EssilorLuxottica to Buy Supreme for $1.5 Billion
The French-Italian eyewear giant has agreed to buy the streetwear juggernaut from VF Corp. for $1.5 billion in cash, adding another lifestyle brand to a stable that already includes Ray-Ban and Oakley.
Macy’s Ends Buyout Talks With Activist Investors
The American retailer has effectively closed the door on the take-private offer from real estate firms Arkhouse Management and Brigade Capital. The company’s stock plunged on the news.
Macy’s Ends Buyout Talks With Activist Investors
The American retailer has effectively closed the door on the take-private offer from real estate firms Arkhouse Management and Brigade Capital. The company’s stock plunged on the news.
Barneys Plots a Bigger Comeback Thanks to Neiman-Saks Deal
The plan hinges on the pending $2.65 billion acquisition of Neiman Marcus Group by the owner of Saks.
Barneys Plots a Bigger Comeback Thanks to Neiman-Saks Deal
The plan hinges on the pending $2.65 billion acquisition of Neiman Marcus Group by the owner of Saks.
The BoF Podcast | Why the Fashion Industry Needs a Makeover
BoF founder and editor-in-chief Imran Amed sits down with Bob Safian for the Rapid Response podcast to examine the current state of the global fashion business.
The BoF Podcast | Why the Fashion Industry Needs a Makeover
BoF founder and editor-in-chief Imran Amed sits down with Bob Safian for the Rapid Response podcast to examine the current state of the global fashion business.
When Will Shoppers Push Back on High Prices?
After rising steadily for years, the cost of apparel in the US may be nearing an inflection point, between cooling inflation and fed-up shoppers. But experts say retailers still have room to raise prices on certain items.
When Will Shoppers Push Back on High Prices?
After rising steadily for years, the cost of apparel in the US may be nearing an inflection point, between cooling inflation and fed-up shoppers. But experts say retailers still have room to raise prices on certain items.
Why Retailers Must Help Rebuild Society
We are crossing over into a new era where competitive advantage for major retailers which will come, not through further extraction of value from society, but through contribution of value to society, argues futurist Doug Stephens.
Why Retailers Must Help Rebuild Society
We are crossing over into a new era where competitive advantage for major retailers which will come, not through further extraction of value from society, but through contribution of value to society, argues futurist Doug Stephens.
With a New Owner, Von Dutch Plots a Comeback
The Y2K-favourite brand has been acquired by brand management firm WSG, which hopes to turn the brand’s recent spurt of relevance online into sales of trucker hats and tees.
With a New Owner, Von Dutch Plots a Comeback
The Y2K-favourite brand has been acquired by brand management firm WSG, which hopes to turn the brand’s recent spurt of relevance online into sales of trucker hats and tees.
Pamela Love Buys Back Her Brand
The jewellery designer sees opportunities in her ear piercing and engagement assortments, seeking new investors to fund this next stage of growth.
Pamela Love Buys Back Her Brand
The jewellery designer sees opportunities in her ear piercing and engagement assortments, seeking new investors to fund this next stage of growth.
Op-Ed | Let Temu Keep the Cheap Stuff. Amazon Should Go Luxe.
Amazon will struggle to beat Temu and Shein at their own game, and in the process, it risks devaluing what has become its core proposition: convenience.
Op-Ed | Let Temu Keep the Cheap Stuff. Amazon Should Go Luxe.
Amazon will struggle to beat Temu and Shein at their own game, and in the process, it risks devaluing what has become its core proposition: convenience.
THE NEWS IN BRIEF
Boohoo Fined $2.7 Million by French Watchdog Over Deceptive Discounts
Nearly half of the examined promotions were revealed to be price increases. The Debenhams-owned fast-fashion brand also used terms like ‘leather’ to sell synthetic products.
Report: Shein Postpones IPO to September
Shein has pushed back its market debut following a delay in taking investor orders for its Hong Kong IPO at a reduced valuation, the South China Morning Post reported.
JD Sports Cuts Outlook as Shoppers Curb Spending on Sneakers
The retailer cut its profit outlook after weaker-than-expected sales in the quarter, as customers grapple with cost-of-living pressures and pull back on discretionary spending.
TJ Maxx, Marshalls Suffer Slowdowns as US Spending Tapers
TJX Companies reported slowdowns at the off-price apparel chains on Wednesday, fueling concerns about a pullback in US consumer spending.
Frasers Group’s Mike Ashley Tightens Hold on Hugo Boss
The group increased its stake in the luxury brand to 48 percent, less than a week after its acquisition of department store chain Harvey Nichols.
Another Lululemon Executive Exits Ahead of Incoming CEO
The departure of AI chief Ranju Das after less than a year in the role comes shortly after the chief strategy officer exited ahead of new chief executive Heidi O'Neill joining in September.
Samsonite Buys Stake in Béis for $178.5 Million
Founder and actress Shay Mitchell will retain a 15 percent stake in Béis, which will become a Samsonite subsidiary after the deal closes.