Kohl’s Turnaround Stalls as Sales Growth Stagnates
Kohl’s turnaround attempt showed some progress after the retailer raised its annual earnings outlook, but it still doesn’t see sales growth this year.
Retail
Analysis and advice from the front lines of the retail transformation.
Peloton CEO to Step Down as Company Cuts 15% of Jobs
The company has continued to struggle with growing “at scale” and issued a warning in February that revenue may not start increasing again until the fourth quarter.
Peloton CEO to Step Down as Company Cuts 15% of Jobs
The company has continued to struggle with growing “at scale” and issued a warning in February that revenue may not start increasing again until the fourth quarter.
Brands Owed Millions After Matchesfashion Collapse
Designer brands including Gucci and Anya Hindmarch have been left millions of pounds out of pocket and some customers will not get refunds after the online fashion site collapsed owing more than £210m last month.
Brands Owed Millions After Matchesfashion Collapse
Designer brands including Gucci and Anya Hindmarch have been left millions of pounds out of pocket and some customers will not get refunds after the online fashion site collapsed owing more than £210m last month.
US Sues to Block $8.5 Billion Union of Coach, Michael Kors
Antitrust enforcers said Tapestry’s acquisition of Capri would raise prices on handbags and accessories in the affordable luxury sector, harming consumers.
US Sues to Block $8.5 Billion Union of Coach, Michael Kors
Antitrust enforcers said Tapestry’s acquisition of Capri would raise prices on handbags and accessories in the affordable luxury sector, harming consumers.
Op-Ed | How Long Can Adidas Surf the ‘Terrace’ Trend?
As a push to maximise sales of its popular Samba model starts to weigh on its desirability, the German sportswear giant is betting on other retro sneaker styles to tap surging demand for the 1980s ‘Terrace’ look. But fashion cycles come and go, cautions Andrea Felsted.
Op-Ed | How Long Can Adidas Surf the ‘Terrace’ Trend?
As a push to maximise sales of its popular Samba model starts to weigh on its desirability, the German sportswear giant is betting on other retro sneaker styles to tap surging demand for the 1980s ‘Terrace’ look. But fashion cycles come and go, cautions Andrea Felsted.
How Rent the Runway Came Back From the Brink
The rental platform saw its stock soar last week after predicting it would hit a key profitability metric this year. A new marketing push and more robust inventory are the key to unlocking elusive growth, CEO Jenn Hyman tells BoF.
How Rent the Runway Came Back From the Brink
The rental platform saw its stock soar last week after predicting it would hit a key profitability metric this year. A new marketing push and more robust inventory are the key to unlocking elusive growth, CEO Jenn Hyman tells BoF.
For Struggling Public Companies, Going Private Is No Panacea
Nordstrom, Tod’s and L’Occitane are all pushing for privatisation. Ultimately, their fate will not be determined by whether they are under the scrutiny of public investors.
For Struggling Public Companies, Going Private Is No Panacea
Nordstrom, Tod’s and L’Occitane are all pushing for privatisation. Ultimately, their fate will not be determined by whether they are under the scrutiny of public investors.
Why Esprit’s Ambitious Rebrand Fell Short
The company is in talks with potential investors after filing for insolvency in Europe and closing its US stores. Insiders say efforts to restore the brand to its 1980s heyday clashed with its owners’ desire to quickly juice sales in order to attract a buyer.
Why Esprit’s Ambitious Rebrand Fell Short
The company is in talks with potential investors after filing for insolvency in Europe and closing its US stores. Insiders say efforts to restore the brand to its 1980s heyday clashed with its owners’ desire to quickly juice sales in order to attract a buyer.
How Adidas Sambas Took Over the World
The humble trainer, once the reserve of football fans, Britpop kids and the odd skateboarder, has become as ubiquitous as battered Converse All Stars in the 00s indie sleaze years.
How Adidas Sambas Took Over the World
The humble trainer, once the reserve of football fans, Britpop kids and the odd skateboarder, has become as ubiquitous as battered Converse All Stars in the 00s indie sleaze years.
How Hudson Yards Defied Its Haters and Became New York’s Top Mall
Manhattanites had little love for the $25 billion megaproject when it opened five years ago (the pandemic lockdowns didn't help, either). But a constantly shifting mix of stores, restaurants and experiences is now drawing large numbers of both locals and tourists.
How Hudson Yards Defied Its Haters and Became New York’s Top Mall
Manhattanites had little love for the $25 billion megaproject when it opened five years ago (the pandemic lockdowns didn't help, either). But a constantly shifting mix of stores, restaurants and experiences is now drawing large numbers of both locals and tourists.
Innovation Won’t Save Department Stores. The Right Products Will.
To survive in the long run, the likes of Macy’s and Nordstrom need more than new ownership structures or retail formats; they must reinvent their entire value proposition with a selection that can compete with online fast fashion and off-price players.
Innovation Won’t Save Department Stores. The Right Products Will.
To survive in the long run, the likes of Macy’s and Nordstrom need more than new ownership structures or retail formats; they must reinvent their entire value proposition with a selection that can compete with online fast fashion and off-price players.
Visa, Mastercard Reach $30 Billion Deal With US Retailers
The companies agreed to cap credit-card swipe fees in one of the most significant antitrust settlements ever, following a legal fight that spanned almost two decades.
Visa, Mastercard Reach $30 Billion Deal With US Retailers
The companies agreed to cap credit-card swipe fees in one of the most significant antitrust settlements ever, following a legal fight that spanned almost two decades.
What a Fashion Company Is Worth Today
In an era of austerity on Wall Street, apparel businesses are more likely to be valued on their profits rather than sales, which usually means lower payouts for founders and investors. That is, if they can find a buyer in the first place.
What a Fashion Company Is Worth Today
In an era of austerity on Wall Street, apparel businesses are more likely to be valued on their profits rather than sales, which usually means lower payouts for founders and investors. That is, if they can find a buyer in the first place.
THE NEWS IN BRIEF
Abercrombie Sees Record Shares Jump After Guidance Lift
Abercrombie & Fitch Co. shares rallied after revenue topped estimates and the retailer raised its annual earnings guidance, suggesting the preppy apparel company is regaining momentum.
Target Shares Fall After Pulling Halloween Costume Evoking Blackface
The retailer previously sparked calls for a boycott in early 2025 after it pulled back from its diversity initiatives as Donald Trump returned to the White House.
Shein’s Purchase of Everlane Faces US National Security Review
A review by an interagency panel led by the US Treasury Department began after the $80 million transaction was completed in May, according to the people familiar with the matter.
Shein Sets IPO Date, Targets Up to $27 Billion Valuation
The company is set to debut on the Hong Kong stock exchange on Sept. 1 and is seeking to raise as much as $1.8 billion in its long-awaited IPO, according to a filing.
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.
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.