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.
retail / Stores
Retail
Olivier Bron on Making Bloomingdale’s Desirable Again
Bloomingdale’s chief executive Olivier Bron joins Imran Amed on The BoF Podcast to discuss how a name every American knows is re-earning its place in luxury and why he sees Europe’s biggest houses wrestling with the same problem.
Retail
How Did Zara Home Become Cool?
Inditex is leaning on high-profile designers, larger stores and pricier furniture to give Zara Home a distinctive identity and position Zara as a more premium brand. But turning design cachet into lasting pricing power is not so easy.
Partner Content
How Riviera Galleria Is Positioning Athens as a Luxury Retail Destination
Athens is investing heavily in luxury retail, hospitality and cultural infrastructure, fuelled by rising international tourism and strengthening its position as a year-round destination. The upcoming Riviera Galleria is among the flagship developments driving this transformation.
Retail
What’s Working for Independent Menswear Retailers
With customers having moved away from logo-heavy looks, indie retailers are finding ways to highlight subtle details like unique fabrics and treatments, while training staff to communicate about the craft that makes garments special.
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Retail
Opinion: The ‘Target Run’ Is Making a Comeback
New CEO Michael Fiddelke’s turnaround initiatives seem to be paying off, writes Bloomberg’s Andrea Felsted.
Retail
Foot Locker and Nike Introduce New Store Created With Community Leaders
The new retail concept will have its first expression in ‘The Crenshaw Rec,’ a store in Los Angeles’ Crenshaw neighbourhood that will host exclusive drops and features a gym, equipment room and year-round programming for locals.
Retail
Harvey Nichols Acquired by Frasers Group in Pre-Pack Administration Deal
Mike Ashley’s Frasers Group has bought the upmarket department store chain out of administration after it warned it could run out of money without new funding.
Retail
Can Harvey Nichols Recapture its Glamour?
The once-glitzy department store chain is in a "death spiral," says Frasers Group's Mike Ashley, who has made a bid to take control. A refocus on design could be what it needs.
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Retail
How to Build a Fashion Store Worth Leaving Home For
Six retailers featured on BoF’s list of The Best Fashion Stores in the World shared what goes into operating a compelling multi-brand boutique today, from fostering repeat customers to offering discovery that runs deeper than curation.
Retail
Why Independent Retail Is More Important Than Ever
From Brooklyn to Shanghai, a multibrand retail renaissance is taking shape, powered by a thirst for independent stores with a more hand-crafted, human quotient in a world flattened by digital transactions.
Retail
Methodology: How We Selected The Best Fashion Stores in the World
To build our index of the global independent retail landscape, we established a rigorous, multi-tiered evaluation process, by casting a wide net and starting from the bottom up.
Retail
The Best Fashion Stores in the World
Introducing an insider’s guide to the independent retailers with the most distinctive edits and experiences, hand curated by the editors of BoF.
The News in Brief
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.
Kering Drops 12% as Luxury Braces for Tough Winter
The recovery long promised by luxury brands seems nowhere in sight, as the expansion of war in the Middle East, along with China’s tax crackdown on the wealthy, piled further pressure on the world’s biggest luxury conglomerates in the third quarter, and executives buckled in for a tough winter.
UK Retail Sales Fall 0.4% in September, More Than Forecast
Sales fell in September as above-average temperatures hit demand for autumn clothing.
Elle Launches Moroccan Edition
Hitting newsstands in October, the magazine marks Elle’s 51st international edition, published under licence by the Geomedia group.
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.
L’Oréal Sales Beat Expectations as Premium Products Surge
The French giant handily beat expectations on strong demand for hair products at salons and premium skincare from its dermatological division.
P&G Beats Revenue Estimates, Flags Bigger Hit to Annual Profit
The maker of Pantene shampoo was helped by strong personal care demand, but expects higher commodity costs to reduce profit by about $1.4 billion this year.