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.

The goods come from more than 380 brands, including Burberry and those owned by luxury powerhouses LVMH and Kering.

The goods come from more than 380 brands, including Burberry and those owned by luxury powerhouses LVMH and Kering.

The Supreme Court struck down US president Donald Trump’s Liberation Day tariffs, only for new levies to take their place. BoF reporters Marc Bain and Cat Chen unpack what this means for prices, refunds and the supply chain.

The Supreme Court struck down US president Donald Trump’s Liberation Day tariffs, only for new levies to take their place. BoF reporters Marc Bain and Cat Chen unpack what this means for prices, refunds and the supply chain.

The Supreme Court may have curbed the White House’s tariff powers, but some recent price hikes are unlikely to be rolled back.

The Supreme Court may have curbed the White House’s tariff powers, but some recent price hikes are unlikely to be rolled back.

New York’s history with sleek, streamlined style is well-documented, and in recent years, has birthed a number of brands offering their own take on the aesthetic. But as louder fashion bubbles back up, these brands must find ways to go bolder without sacrificing their identity.

New York’s history with sleek, streamlined style is well-documented, and in recent years, has birthed a number of brands offering their own take on the aesthetic. But as louder fashion bubbles back up, these brands must find ways to go bolder without sacrificing their identity.

The Los Angeles-based brand surpassed $300 million in sales last year, said founder Mike Amiri. Now it’s planting its flag on the most expensive retail thoroughfare in the world.

The Los Angeles-based brand surpassed $300 million in sales last year, said founder Mike Amiri. Now it’s planting its flag on the most expensive retail thoroughfare in the world.

The US National Retail Federation, which represents a number of US retailers, from Walmart to small brands and manufacturers, called for a ‘seamless process to refund the tariffs to US importers.’

The US National Retail Federation, which represents a number of US retailers, from Walmart to small brands and manufacturers, called for a ‘seamless process to refund the tariffs to US importers.’

The retailer is battling against competitors offering even lower prices online while also contending with economic conditions hurting retailers across the UK and Europe.

The retailer is battling against competitors offering even lower prices online while also contending with economic conditions hurting retailers across the UK and Europe.

With Thailand’s luxury retail industry positioned for growth in 2026, Siam Piwat’s CEO Chadatip Chutrakul discusses the strategy behind the retail and development group’s experiential shopping mall Iconsiam, its global influence and how the group seeks to position Thailand as a world-class retail destination.

With Thailand’s luxury retail industry positioned for growth in 2026, Siam Piwat’s CEO Chadatip Chutrakul discusses the strategy behind the retail and development group’s experiential shopping mall Iconsiam, its global influence and how the group seeks to position Thailand as a world-class retail destination.

Not so long ago, the ‘it’ bags, shoes, jackets and belts usually bore the logo of a big luxury brand. But relentless price hikes have opened the door for premium players like Sézane and COS — and even mass brands like Uniqlo and Ugg — to capture the cultural zeitgeist.

Not so long ago, the ‘it’ bags, shoes, jackets and belts usually bore the logo of a big luxury brand. But relentless price hikes have opened the door for premium players like Sézane and COS — and even mass brands like Uniqlo and Ugg — to capture the cultural zeitgeist.

Urban Outfitters and others have come under fire for advertising jobs on Temper, an gig economy app that’s been criticised for not offering basic employment rights.

Urban Outfitters and others have come under fire for advertising jobs on Temper, an gig economy app that’s been criticised for not offering basic employment rights.

With a North American licensing deal under its belt, the reinvented high-street giant is growing again under new owners and a global strategy.

With a North American licensing deal under its belt, the reinvented high-street giant is growing again under new owners and a global strategy.

The embattled luxury department store is ‘absolutely dependent’ on companies like Chanel, LVMH and Kering, who could ‘suffocate’ the retailer if they stopped shipping, Reuters reported.

The embattled luxury department store is ‘absolutely dependent’ on companies like Chanel, LVMH and Kering, who could ‘suffocate’ the retailer if they stopped shipping, Reuters reported.
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.
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.
After crossing the 30 percent ownership threshold, Frasers is now required to make a mandatory takeover bid under German rules.
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.
GU, a lower-priced counterpart to Uniqlo, is betting a former luxury fashion designer can help turn $18 jeans into global success.
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.
The British bootmaker cited encouraging wholesale trends in its largest market, the US, as it stuck to its fiscal 2027 outlook.
Donald Tang, who has acted as the Western representative of secretive Shein founder Sky Xu, will transition to a senior adviser role.