Lenzing Closes UK, Austria Sites in Turnaround Bid
The closures are the latest in a series of cost-cutting and refinancing measures at the textile maker, which has faced headwinds from competition in China and India.
Retail
Analysis and advice from the front lines of the retail transformation.
Retail Sales Rise in Britain After Iran War Prompted ‘Panic at the Pumps’
Textile, clothing and footwear stores reported a 1.2 percent month-on-month sales increase, while department stores recorded a 1.1 percent sales rise.
Retail Sales Rise in Britain After Iran War Prompted ‘Panic at the Pumps’
Textile, clothing and footwear stores reported a 1.2 percent month-on-month sales increase, while department stores recorded a 1.1 percent sales rise.
Meet the Retailers Succeeding by Ignoring the Internet
You don’t need Chanel’s brand recognition to survive without an online store. From Brooklyn to Berlin, a growing number of independent store owners are saying no to e-commerce, betting a strong in-store experience can draw customers from their neighbourhood — and beyond.
Meet the Retailers Succeeding by Ignoring the Internet
You don’t need Chanel’s brand recognition to survive without an online store. From Brooklyn to Berlin, a growing number of independent store owners are saying no to e-commerce, betting a strong in-store experience can draw customers from their neighbourhood — and beyond.
A Survival Guide for Independent Brands
Prompted by the overwhelming response to a recent briefing about the ‘industry that eats its young,’ we’ve gathered the most vital strategies from the BoF archive to help independent designers navigate today’s fraught retail landscape.
A Survival Guide for Independent Brands
Prompted by the overwhelming response to a recent briefing about the ‘industry that eats its young,’ we’ve gathered the most vital strategies from the BoF archive to help independent designers navigate today’s fraught retail landscape.
Is the Future of Shopping Hiding Inside Luxury Hotels?
As fashion brands race to ink hotel tie-ups, MML Hospitality is reversing the formula, expanding luxury boutique ByGeorge into new markets through placement in its properties and operating the retail floor with a true concierge mindset.
Is the Future of Shopping Hiding Inside Luxury Hotels?
As fashion brands race to ink hotel tie-ups, MML Hospitality is reversing the formula, expanding luxury boutique ByGeorge into new markets through placement in its properties and operating the retail floor with a true concierge mindset.
How Gen Z’s Personal Style Obsession Is Changing Fashion
The permanence of digital footprints and a lack of real-life community have historically crippled Gen Z’s sense of individuality when getting dressed. But they’re increasingly preoccupied by what constitutes singularly good taste.
How Gen Z’s Personal Style Obsession Is Changing Fashion
The permanence of digital footprints and a lack of real-life community have historically crippled Gen Z’s sense of individuality when getting dressed. But they’re increasingly preoccupied by what constitutes singularly good taste.
Once Sweden’s Top Company, H&M’s Struggling to Sell Its Rebound Story
From its 2015 peak, the fast-fashion brand has lost roughly half its market value, erasing tens of billions of dollars in equity.
Once Sweden’s Top Company, H&M’s Struggling to Sell Its Rebound Story
From its 2015 peak, the fast-fashion brand has lost roughly half its market value, erasing tens of billions of dollars in equity.
Unpacking Saks Global’s Post-Bankruptcy Plan
The luxury giant has filed its roadmap to exit Chapter 11 this summer, confirming it will not sell Bergdorf Goodman. Under the new deal, bankruptcy lenders will take full ownership, wipe away billions in debt and set the stage for a leaner, more profitable operation.
Unpacking Saks Global’s Post-Bankruptcy Plan
The luxury giant has filed its roadmap to exit Chapter 11 this summer, confirming it will not sell Bergdorf Goodman. Under the new deal, bankruptcy lenders will take full ownership, wipe away billions in debt and set the stage for a leaner, more profitable operation.
Online Resale Is Booming. Why Are So Many Users Unhappy?
Global secondhand sales are hitting record highs, but the platforms driving the boom are increasingly alienating some sellers with low payouts and logistical issues.
Online Resale Is Booming. Why Are So Many Users Unhappy?
Global secondhand sales are hitting record highs, but the platforms driving the boom are increasingly alienating some sellers with low payouts and logistical issues.
Facing Fashion’s Shopping Addiction Problem
As both the temptation to spend and the ease of doing so grow in tandem, mental health advocates, regulators and even everyday consumers are thinking more seriously about the toll it takes on consumers.
Facing Fashion’s Shopping Addiction Problem
As both the temptation to spend and the ease of doing so grow in tandem, mental health advocates, regulators and even everyday consumers are thinking more seriously about the toll it takes on consumers.
Harrods’ Closure of Compensation Scheme for Survivors of Alleged Sexual Abuse Called ‘Neither Fair Nor Just’
The programme was established after dozens of women came forward with allegations of abuse by former Harrods owner Mohamed Al Fayed.
Harrods’ Closure of Compensation Scheme for Survivors of Alleged Sexual Abuse Called ‘Neither Fair Nor Just’
The programme was established after dozens of women came forward with allegations of abuse by former Harrods owner Mohamed Al Fayed.
Executive Memo | Navigating the Unravelling of Multibrand Retail
Wholesale remains essential for the luxury industry, but the rules of engagement have changed. Brands need to know how to minimise the risks and maximise the rewards in their relationships with multibrand players.
Executive Memo | Navigating the Unravelling of Multibrand Retail
Wholesale remains essential for the luxury industry, but the rules of engagement have changed. Brands need to know how to minimise the risks and maximise the rewards in their relationships with multibrand players.
The Industry That Eats Its Young
Small fashion labels have always been shortchanged by their wholesale partners. A wave of high-profile bankruptcies has turned a structural injustice into an existential crisis. There is a better way to do business, writes Imran Amed.
The Industry That Eats Its Young
Small fashion labels have always been shortchanged by their wholesale partners. A wave of high-profile bankruptcies has turned a structural injustice into an existential crisis. There is a better way to do business, writes Imran Amed.
THE NEWS IN BRIEF
London’s Liberty Doubles Fabric Section as Sewing Booms
The department store has more than doubled the size of its fabrics department and will host crafting classes this autumn as social media drives a surge in activities like sewing.
Mike Ashley’s Frasers Boosts Hugo Boss Stake to Over 30%
After crossing the 30 percent ownership threshold, Frasers is now required to make a mandatory takeover bid under German rules.
Primark Cuts Prices Ahead of Split From AB Foods
The budget fashion chain said it would reduce prices by up to 29 percent across hundreds of products, seeking to improve trading ahead of next year’s spin off.
Fast Retailing’s GU Unveils First Collection by Francesco Risso
GU, a lower-priced counterpart to Uniqlo, is betting a former luxury fashion designer can help turn $18 jeans into global success.
Exclusive: 10 Years Post-Brexit, UK Wholesale Growth Heavily Trails Global Peers
A decade after the Brexit referendum, Joor transaction data reveals EU retail spend on UK labels has plunged to under 7 percent, while UK retailers’ allocation to European brands has nearly halved.
Dr Martens Reaffirms Outlook on US Wholesale Demand
The British bootmaker cited encouraging wholesale trends in its largest market, the US, as it stuck to its fiscal 2027 outlook.
Report: Shein Executive Chairman to Step Down as IPO Nears Completion
Donald Tang, who has acted as the Western representative of secretive Shein founder Sky Xu, will transition to a senior adviser role.