Fashion World News

The campaign video immediately sparked criticism from viewers who saw the depiction of a Native American dancer as an instance of cultural appropriation. from The Business of Fashion https://ift.tt/2UrVOet

Ulta Beauty Slides as Forecast Cut Spurs Analysts to Reset Targets

The disappointing earnings report resulted in four sell-side downgrades so far, according to data compiled by Bloomberg. The company's stock plunged on Friday. from The Business of Fashion https://ift.tt/2zuMHzM

Rihanna Takes Aim at Victoria’s Secret

The superstar’s Savage x Fenty lingerie line, which just raised $50 million in new funding, is gaining ground on the declining but still-dominant mall brand. Her inclusive, Amazon-streamed answer to the Victoria’s Secret Fashion Show could provide a boost. from The Business of Fashion https://ift.tt/2Lg8Ib7

Tightening Company Endorsed by Paula Abdul Faces Analysts’ Judgment

The skin tightening company has announced Paula Abdul as brand ambassador, while shares rose by 55 percent. from The Business of Fashion https://ift.tt/2ZEkuoS

Britain's Shoe Zone Shares Slump After Results Aarning, CEO Quits

The British retailer has experienced challenging trading conditions since May, as shares drop by 40 percent since its listing in 2014. from The Business of Fashion https://ift.tt/30NY6Xo

The BoF Podcast: Retail Prophet Doug Stephens on the Most Important Metric in Retail

The retail futurist speaks with BoF Chief Correspondent Lauren Sherman about what brands should really be focusing on as a measure of brick-and-mortar store success. from The Business of Fashion https://ift.tt/34cJRO5

Don’t Be Late to the $10 Billion African Beauty Party

Lancôme and other L’Oréal Luxe labels are among global brands putting down roots in African megacities from Lagos to Abidjan. Yet most brands are missing out because pan-African strategies are too blunt in a region needing hyper-localisation. from The Business of Fashion https://ift.tt/2Ll7ag9

Baidu Bumped From China’s Internet Top 5 List Again

Once touted as a member of China’s internet triumvirate alongside Alibaba and Tencent, Baidu was displaced by much younger rival start-up Pinduoduo, known for its cheap deals and gamified shopping experiences. from The Business of Fashion https://ift.tt/2HBh0tb

Why Start-Ups Keep Trying to Invent the Closet From Clueless

EditorialistYX, the latest product that promises a digital closet, is betting that personalisation is the future of e-commerce. from The Business of Fashion https://ift.tt/2PnrDGk

Creating a Purpose-Driven Design Culture at Banana Republic

BoF interviews two design leaders at the San Francisco-based company to discover how they nurture a culture of optimism and enable employees to find purpose in creativity. from The Business of Fashion https://ift.tt/2zy1MRe

废旧服装的宿命真的只有垃圾桶吗？

基于消费习惯的快速变化，衣服的寿命就从它原本的使用寿命转化成“审美寿命”，“过季”成为人们囤积、丢弃衣服的第一大原因。解决因过度消费产生的时尚污染问题，也诞生出新的商业模式。 from The Business of Fashion https://ift.tt/2NEJ5DJ

每日速报 | Forever 21或将破产、CK母公司再次下调全年利润预期、Ochis推出咖啡废料制成的太阳镜

“每日速报”为您汇总国内外时装、纺织、商业、零售和科技相关领域资讯，助您即刻掌握每日要闻，拓宽眼界、与时俱进。 from The Business of Fashion https://ift.tt/2MLd9Op

Abercrombie Shares Slide as Tariffs Weigh Heavy

The retailer has adjusted its sales outlook to anticipate additional tariffs of as much as 30 percent. from The Business of Fashion https://ift.tt/30H9uUY

Power Moves | Nordstrom Appoints Chief Merchandising Officer, YNAP-Alibaba Joint Venture Names CEO

This week, Nordstrom appoints its first chief merchandising officer, Fengmao, a joint venture between YNAP and Alibaba, names its CEO. from The Business of Fashion https://ift.tt/2ZtvS80

Is China Primed for a ‘Minimalist Movement’? DTC Brands Hope So.

DTC brands like Everlane, Allbirds and Rothy’s have hit the Chinese market this year, betting on sophisticated e-commerce solutions and a new generation keen on the ‘decluttered look’. from The Business of Fashion https://ift.tt/2Zn2Qqw

Calvin Klein Owner PVH Cuts Full-Year Profit, Revenue Forecast

The parent company of Calvin Klein expects US tariffs on Chinese goods to cut earnings by about 20 cents and hit full-year revenue by the end of 2019. from The Business of Fashion https://ift.tt/32d0fwi

A Cloudy Picture at Farfetch

Investors are not taking well to the company’s evolving business model, hyperactive M&A and disappointing profit performance. Management must focus on executing the vision they have sold, writes Luca Solca. from The Business of Fashion https://ift.tt/32gqfqB

Lord & Taylor Has a Surprising New Owner. What Happens Now?

Le Tote, a clothing rental service, has acquired the nearly 200-year-old department store chain, betting physical locations and Lord & Taylor's deep roster of brands will help grow the start-up's customer base. from The Business of Fashion https://ift.tt/2Ht3E1W

Forever 21 Prepares for Potential Bankruptcy Filing

The company has been in talks for additional financing and working with a team of advisers to help it restructure its debts. from The Business of Fashion https://ift.tt/2HvOf14

Struggling Jewelry Maker Pandora to Relaunch Brand

The Denmark-based company will completely revamp the design of its 2,700 shops worldwide, unveil a new logo, increase marketing campaigns featuring celebrities and launch themed collections. from The Business of Fashion https://ift.tt/2HKfQvB

Hudson's Bay to Sell Lord & Taylor to Le Tote for $100 Million

The deal allows the Canadian retailer to divest operations of the struggling Lord & Taylor chain while holding onto the more valuable asset — the real estate on which the stores are located. from The Business of Fashion https://ift.tt/2UeSOSj

加入我们 | BoF招聘销售与商务拓展经理

我们正在寻找一位目标明确、能力突出且经验丰富的销售与商务拓展经理，与BoF一起继续在这个变化最为迅速的市场中保持发展和成长。 from The Business of Fashion https://ift.tt/2zqI1uL

Coty Quarterly Revenue Falls 8% on Sluggish Demand

The cosmetics company, which produces beauty and fragrances for brands including Marc Jacobs and Calvin Klein, was hurt due to slowing demand in its important consumer beauty component. from The Business of Fashion https://ift.tt/2L2nRxC

Tiffany & Co. Misses Quarterly Same-Store Sales Estimates

The luxury jeweller was hurt by lower spending among tourists, sending sales down 3 percent compared to an expected 1.3 percent drop. from The Business of Fashion https://ift.tt/345MnFP

Boris Johnson Seeks Suspension of Parliament Ahead of Brexit

Under the plan, which buys Johnson more than a week to push ahead with his agenda, all legislative business would be suspended from September 12 until October 14. from The Business of Fashion https://ift.tt/2PdQegr

Ted Baker Inks Japan Licensing Deal

The partnership is one of the first expansion moves by CEO Lindsay Page, who was promoted in April to replace Ray Kelvin following misconduct allegations. from The Business of Fashion https://ift.tt/2HuXK0b

Fake Allbirds and Glossier Dupes: DTC Brands Are Battling Counterfeits and Knockoffs

Direct-to-consumer brands like Allbirds, Glossier and Rothy’s are battling counterfeiters and copycats. These startups now face a problem even big-budgeted luxury brands can't fix. from The Business of Fashion https://ift.tt/2LdxHfe

The New Way Celebrity Stylists Are Paying the Bills

Stylists best-known for working with celebrities like Angelina Jolie and Matthew McConaughey are signing onto an app where they dole out wardrobe advice to the public. from The Business of Fashion https://ift.tt/2PjnjaX

BoF China Prize London Fashion Week Presentation

BoF are excited to invite you to BoF China Prize winner Caroline Hu’s London Fashion Week debut. from The Business of Fashion https://ift.tt/2znTsTQ

BoF China Prize London Fashion Week Presentation

BoF are excited to invite you to BoF China Prize winner Caroline Hu’s London Fashion Week debut. from The Business of Fashion https://ift.tt/343F7u4

Dolce & Gabbana Sees Sales Slowdown in China After Ad Backlash

The group expects sales in Greater China to decline in the current fiscal year, a sign the brand is still struggling to shake off the fallout from a controversial advertising campaign in the country in November 2018. from The Business of Fashion https://ift.tt/329ouLL

Report: Revlon Plans to Approach Potential Bidders Next Month

The cosmetics giant is exploring a sale of the entire company or its major brands rather than selling its smaller brands piecemeal, according to sources familiar with the matter. from The Business of Fashion https://ift.tt/324JkvI

Topshop Owner Arcadia Resolves Legal Objections to Restructuring Plan

The push to move ahead with restructuring comes after two US landlords dropped their opposition to the planned Company Voluntary Arrangement. from The Business of Fashion https://ift.tt/2L0Ggec

Barneys Wants ‘Strong Digitally Focused Partner’ for Next Stage

The struggling legacy retailer hopes to implement a bigger push into food, entertainment and experiences, as well as improved operational efficiency within the company. from The Business of Fashion https://ift.tt/33ZrpIx

Insights From the Specialty Retail Market

In order to discover their latest insights on the state of the specialty wholesale retail market, BoF interviews three brands — ranging from multi-million-dollar to niche — showing at Coterie, a key player in the global fashion tradeshow calendar. from The Business of Fashion https://ift.tt/2PbTmcH

Careers Counsel | To Prevent Burnout, Hire Better Bosses

Careers Counsel is a weekly round-up of the most helpful and inspiring advice for boosting your career. from The Business of Fashion https://ift.tt/2U7ctUh

Announcing Guess Inc, Vince, Jason Scott and Elyse Walker

Check out this week’s new partners and openings on BoF Careers, the global marketplace for fashion talent. from The Business of Fashion https://ift.tt/2LhccKC

The Best Jobs on BoF Careers

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from Acne Studios, Moda Operandi and The Communications Store. from The Business of Fashion https://ift.tt/33YV9p0

Farfetch Denies Reports of Plans to Acquire Barneys

The troubled US department store chain has until October to find a buyer, but Farfetch says it is not interested as the fashion platform grapples with challenges of its own. from The Business of Fashion https://ift.tt/2L8PNyZ

Everyone is Launching Rental Services. Is There Enough Demand?

- August 26, 2019

A decade after Rent the Runway launched its clothing rental platform, the concept is hitting the mainstream, with retailers from Ann Taylor Urban Outfitters piling in. But will enough consumers fully embrace the concept to justify so many competing services? from The Business of Fashion https://ift.tt/31ZC6sO

Shoemaker Cole Haan Preps for IPO as Athleisure Focus Boosts Sales

- August 26, 2019

The move marks quite a turn for the brand Nike sold for $570 million more than six years ago. from The Business of Fashion https://ift.tt/2HuJNzA

China's Sportswear Leader Feels the Trade War Heat

- August 26, 2019

Anta’s global ambitions come at a tricky time, as an intensifying tit-for-tat tariff war is making it more expensive to manufacture in China from The Business of Fashion https://ift.tt/30CpkQT

From Scrubs to Chef’s Whites, The Business of Uniforms Is Suddenly Fashionable

Brands like Figs and Tilit are taking on the workwear industry, adapting a direct-to-consumer approach and social media buzz to sell scrubs, chefwear and flame-resistant clothing. from The Business of Fashion https://ift.tt/2L95B4M

每日速报 | 时尚博主gogoboi入驻天猫开设旗舰店、优衣库发行杂志《LifeWear》

“每日速报”为您汇总国内外时装、纺织、商业、零售和科技相关领域资讯，助您即刻掌握每日要闻，拓宽眼界、与时俱进。 from The Business of Fashion https://ift.tt/2NvpZQg

Trump Aides Say He Has Power to Force Companies From China

Using it as a way to curb US investment into China would be extreme, though, and take aim at operations of American businesses ranging from automakers to retail giants including Walmart. from The Business of Fashion https://ift.tt/2U4587T

Tourists Aren't Shopping Like They Used To. Who Will Replace Them?

This week everyone will be talking about Tiffany & Co. and the declining tourist trade, the Venice Film Festival and fashion's climate pact. Read our BoF Professional Cheat Sheet. from The Business of Fashion https://ift.tt/2NwtSV4

MatchesFashion Chief Executive Exits

- August 24, 2019

Ulric Jerome, who joined the company in 2015 after the departure of founders Tom and Ruth Chapman, has stepped down as chief executive, the company confirmed to BoF. from The Business of Fashion https://ift.tt/2ZyKYIB

Trump Says He's Raising Tariffs on China After Its Retaliation

Duties on $250 billion of imports already in effect will rise to 30 percent from 25 percent on October 1, Trump said in a series of tweets Friday. from The Business of Fashion https://ift.tt/2zjGk2g

National Retail Group Speaks On China Tariffs

The US National Retail Federation said on Friday it is 'unrealistic' for American retailers to move out of China. from The Business of Fashion https://ift.tt/2HBtVLN

The BoF Podcast: Estée Lauder’s Group President on the Aspirational Business of Beauty

John Demsey, in conversation with Imran Amed, discusses his career path, working with Mac Cosmetics post-acquisition, and what it takes to build the perfect, enduring beauty brand. from The Business of Fashion https://ift.tt/2Zitf3T

No Longer In Hiding, the Scent of Cannabis Joins the Perfume Counter

As marijuana gains more acceptance, both in legal regulation and public opinion, fragrance makers are finding new ways to push beyond stereotypes. from The Business of Fashion https://ift.tt/2HmBaqq

Can Fashion’s Latest Sustainability Drive Make a Difference?

Brands are signing up to sustainability initiatives like they’re invitations to fashion week’s hottest parties. The jury’s out on whether their commitments will translate into real industry reform. from The Business of Fashion https://ift.tt/2KSmOR7

What US Brands Need To Know Before Entering the £20 Billion UK Beauty Market

Pat McGrath and Rihanna are among the US beauty brands that have made big splashes in the UK. But successfully crossing the Atlantic isn't easy. Retailers, brands and industry experts told BoF how to navigate the complex British beauty market. from The Business of Fashion https://ift.tt/2NoEi98

Avenatti Goes After Nike Papers in Bid to Clear Extortion Charges

The Lawyer, who famously represented adult film star Stormy Daniels in her legal battles against Donald Trump, is looking to prove that employees of the sportswear giant illegally funnelled money to elite high school basketball players. from The Business of Fashion https://ift.tt/2ZlJBc2

Pinduoduo Wants its Data Back From Alibaba

The Chinese start-up’s approach presents a threat to Alibaba’s dominance of Chinese e-commerce shipping data, mined by companies in industries from retail to healthcare for insights into consumer behaviour. from The Business of Fashion https://ift.tt/2L74Clq

Amazon Inks Deal for Possible Stake in India’s Future Retail

The link-up with India’s No. 2 retailer by revenue underscores Amazon’s ambitions in the country, after losing ground in China. from The Business of Fashion https://ift.tt/2ZeKlnW

Gore-Tex. Lycra. Could Fashion's Next Major Fabric Brand Be Green?

The companies that produce fashion’s textiles have long hovered behind the scenes, but growing consumer awareness of the industry’s environmental impact is creating brand-building opportunities further down the supply chain. from The Business of Fashion https://ift.tt/2HlpnsF

Kering Chief to Present Industry Sustainability Pact to G7

Thirty fashion companies, including Chanel, Prada and H&M have joined the initiative spearheaded François-Henri Pinault, at the request of French President Emmanuel Macron. from The Business of Fashion https://ift.tt/33UNQhU

MO&Co.：15年，一个本土女装品牌的创新与胆识

在塑造了“酷女孩”市场15年后，MO&Co.与巴黎新晋品牌Koché发布联名系列，在成熟及年轻、商业化与艺术感之间显示出其越发纯熟的把控能力。 from The Business of Fashion https://ift.tt/2Hl1dyC

丑闻不断的维密继续拖母公司后腿

维密引以为豪的性感造就了曾经辉煌，亦成为今日失败的祸因——不变的性感形象，消费者不再买账。 from The Business of Fashion https://ift.tt/2ZloYwv

每日速报 | 窦靖童和章宇登中国版《Dazed》创刊号封面、男性美妆消费连续两年高速增长、I.T发布盈利预警

“每日速报”为您汇总国内外时装、纺织、商业、零售和科技相关领域资讯，助您即刻掌握每日要闻，拓宽眼界、与时俱进。 from The Business of Fashion https://ift.tt/2HkmTLa

UK Retail Sales Collapse at Fastest Pace Since 2008

Until recently, consumers had largely taken Brexit in their stride, helped by wages growing at the fastest pace in more than a decade and modest inflation. from The Business of Fashion https://ift.tt/33QGPPp

Department Stores Bring Down Retail Results

J.C. Penney Co., Macy’s Inc. and Kohl’s Corp. all reported declines in revenue from a year earlier. from The Business of Fashion https://ift.tt/2KMWMyq

Victoria’s Secret Considers a Change in Marketing With Everything on the Table

L Brands' admission that Victoria’s Secret needs change marks a key shift for a company that hasn’t much strayed from its push-up-bra aesthetic, despite consumer values moving towards themes such as female empowerment and body positivity. from The Business of Fashion https://ift.tt/30pPx4N

Dick’s Sporting Goods Shares See Biggest Jump Since 2018

The athletic and outdoor retailer expects full-year earnings of $3.30 to $3.45 a share, higher than its previous projection and analyst expectations. from The Business of Fashion https://ift.tt/2zecAUz

BoF Professional Live: The Most Important Metric in Retail

In a world where consumption is increasingly moving online, how should the performance of physical retail stores be measured? from The Business of Fashion https://ift.tt/2ZlGG71

Power Moves | Walmart CMO Steps Down, Jack Wills CEO Leaves Company

This week, Walmart’s chief marketing officer exits after a year at the company, while Suzanna Harlow loses her position as Jack Wills chief executive shortly after the Sports Direct takeover. from The Business of Fashion https://ift.tt/33JKOx0

Want to Reach Chinese Teens? Take It Offline

Despite being digital whiz kids, China’s Post-00 generation increasingly want real world experiences. Brands who want a share of their discretionary spending, take note. from The Business of Fashion https://ift.tt/2P3zhoT

Victoria's Secret Slumps Again as Bath & Body Works Keeps Growing

L Brands' profit beat estimates in the latest quarter but Victoria’s Secret continues to struggle amid shifting consumer demands and the group's ties to disgraced financier Jeffrey Epstein. from The Business of Fashion https://ift.tt/2zcSY2Y

Laura Ashley Posts £10 Million Loss as Furniture Sales Sag

The clothing and furnishing retailer swung to an almost £10 million pretax loss for the year, hit by poor performance of its home furnishings business and a fall in online sales.   from The Business of Fashion https://ift.tt/2MwT26y

Outdoor Voices Says 'The Exercise Dress' Is a Hit. But Is it Enough?

The unexpected success of a seemingly niche item has strengthened the already-powerful Outdoor Voices brand. However, the label has a way to go in terms of scaling. from The Business of Fashion https://ift.tt/33OHYqH

Can Reformation Become the Global Go-To For Cool Girls?

The LA-based label known for floral dresses and cheeky marketing wants to expand into Europe, Asia and Australia under new majority owner Permira Advisers. But will its winning US strategy play overseas? from The Business of Fashion https://ift.tt/2TTNbJ3

为什么DTC品牌又开始抢着进驻Ssense、连卡佛等零售商了？

以直营为主的DTC品牌都意识到，第三方零售商在建立品牌过程中，可以提供强有效的营销渠道，但要想了解与哪些百货商店合作、如何积极推进，往往具有非常大的挑战性。BoF为你深度解读其中的策略。 from The Business of Fashion https://ift.tt/2KYmIGm

Nordstrom Reports Better Than Expected Results

The company has been investing heavily in its online business and loyalty programs to beat back competition from other upscale department stores and e-commerce rivals. from The Business of Fashion https://ift.tt/2KMKHt8

Thredup Gets $175 Million in Funding

The funds will bring Thredup's total capital raised to more than $300 million. from The Business of Fashion https://ift.tt/31QQHH5

Ann Demeulemeester Doesn't Miss Fashion at All. She Has Other Plans.

Since exiting her namesake label in 2013, the former designer — part of the original 'Antwerp Six' — has turned her attention to a new creative medium: ceramics. from The Business of Fashion https://ift.tt/2KVj9AI

Amazon Opens Its Largest Campus Worldwide, in India

The Seattle-based company is making an ambitious push in India, the last major retail frontier still primarily reliant on small-scale neighbourhood and mom-and-pop stores. from The Business of Fashion https://ift.tt/2ZiooDF

Report: Alibaba Postpones Hong Kong Listing Amid Protests

The e-commerce giant could launch the deal as early as October, depending on whether political tensions ease and market conditions improve, according to a source familiar with the matter. from The Business of Fashion https://ift.tt/31MPpwC

Global Fashion Group Says It Is Making Progress Towards Profit

GFG, which runs fashion websites in Russia, Latin America and south-east Asia, reported second-quarter sales rose a currency-adjusted 16.5 percent. from The Business of Fashion https://ift.tt/2KKAb5w

This Start-Up Wants to Be the Etsy of Jewellery

Pietra connects a global network of independent jewellers with shoppers looking for custom pieces. Its investors include Robert Downey Jr., Will Smith and venture capital firm Andreessen Horowitz. from The Business of Fashion https://ift.tt/2NmzK3m

Op-Ed | The Return of the Hyper-Sexualised Male

Ironically, while the world of womenswear is focused on body diversity and toning down sexual objectification, menswear is celebrating a hyper-sexualised Adonis, observes Liroy Choufan. from The Business of Fashion https://ift.tt/33MEZin

Luxury Brands Need Better Strategies for Bollywood. Here’s Why.

Global brands are hungry for a bigger slice of India’s $30 billion luxury market but they aren’t exploiting the country’s colossal film industry to its full potential. from The Business of Fashion https://ift.tt/2TPZ8zK

Hit by Tariffs and Discounting, Kohl's Cuts Profit Margin Forecast

With the cost of more aggressive promotions and a potential hit from new tariffs on Chinese imports, the department store chain has forecast a steeper decline in full-year profit margin despite better-than-expected quarterly earnings. from The Business of Fashion https://ift.tt/2P4IUUw

TJX Same-Store Sales Miss Estimates as Competition Stiffens

With traditional retailers such as Macy's and Nordstrom foraying into discounts, off-price stores like T.J. Maxx and Burlington Stores are struggling to boost sales. from The Business of Fashion https://ift.tt/2ZcWWD9

Cosmetics Heir Jane Lauder Joins World’s 500 Richest People

Lauder’s net worth rose $1.5 billion this year, bringing her fortune to $4.3 billion. from The Business of Fashion https://ift.tt/2TPNOTT

Tod's Founder Diego Della Valle Raises Stake to 81.2%

The brand's chairman made good on a pledge to buy shares after disappointing first-half results earlier this month, a regulatory filing showed. from The Business of Fashion https://ift.tt/2KIlhgj

Gucci and Saint Laurent Face an Uphill Battle to Get Green

Kering is leading the way in luxury’s sustainability efforts. But flashy events and nebulous supply chains are undermining the group's socially and environmentally responsible front. from The Business of Fashion https://ift.tt/2P4KJ3X

Pandora's Restructuring Efforts Show Small Signs of Recovery

The jeweller is struggling after new lines failed to entice shoppers, but is buying back older ranges from franchises and slimming down collections to try to improve its performance. from The Business of Fashion https://ift.tt/2ZfYGQ5

Worried About Tariffs and a Recession? It's Not Time to Panic. Yet.

Investors are worried about a toxic mix of problems, from upcoming tariffs on Chinese imports to a potential recession. Analysts see these fears as premature — especially if retailers take the right steps to protect themselves. from The Business of Fashion https://ift.tt/2HfdzZ4

高额学费读时尚真的值吗？

如今中国时尚从业者的专业度完全没有跟上时尚产业的发展，而这个症结在于教育，无论是海外还是本土。 from The Business of Fashion https://ift.tt/30jfMKn

每日速报 | 雅诗兰黛业绩超预期、华为跨界推出智能眼镜、康泰纳仕集团CFO与人力资源主管离职

“每日速报”为您汇总国内外时装、纺织、商业、零售和科技相关领域资讯，助您即刻掌握每日要闻，拓宽眼界、与时俱进。 from The Business of Fashion https://ift.tt/2ZhbAxm

Hudson’s Bay Soars After Private Equity Firm Catalyst Buys Stake

Catalyst’s purchase of a minority stake adds to pressure on Chairman Richard Baker to boost his bid, which also faces opposition from activist investor Jonathan Litt. from The Business of Fashion https://ift.tt/2Zc2AWf

Modelling Agency With Ties to Epstein Names Macy’s, Nordstrom as Clients

As sex trafficking allegations swirl, MC2 Model Management and its president Jean-Luc Brunel are in the spotlight for his well-documented relationship with Epstein dating back to 2002. from The Business of Fashion https://ift.tt/2Z1BaqI

Estee Lauder Forecasts a Robust Fiscal 2020 After Beating Estimates

The company said its predictions account for geopolitical issues such as Hong Kong protests, Britain's impending exit from the EU and the China-US trade war. from The Business of Fashion https://ift.tt/2KKjY0x

Zalando to Deliver Orders for Adidas French Website

The e-commerce platform has rolled out a new delivery service in a bid to tackle competition by its growing rival Amazon's delivery service. from The Business of Fashion https://ift.tt/2YWYZ3b

Announcing Feng Chen Wang, Sunspel, Jing Daily and Mejuri

Check out this week’s new partners and openings on BoF Careers, the global marketplace for fashion talent. from The Business of Fashion https://ift.tt/2Zdr1md

Careers Counsel | 9 Bad Bosses and How to Work for Them

Careers Counsel is a weekly round-up of the most helpful and inspiring advice for boosting your career. from The Business of Fashion https://ift.tt/2HgLNLI

The Best Jobs on BoF Careers

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from Valentino, Zalando and L'Oréal. from The Business of Fashion https://ift.tt/2ZeceI2

Great Bowery Acquires Coveteur

The network of agencies founded by Matthew Moneypenny, who exited two years ago, is acquiring the fashion and lifestyle digital media company to better compete in the evolving talent representation business. from The Business of Fashion https://ift.tt/2OXVHI7

Condé Nast’s Head of Finance and Human Resources To Exit in Leadership Restructure

David Geithner and JoAnn Murray will leave their positions by the end of the year. from The Business of Fashion https://ift.tt/2z3Rhoy

Why Japanese Millennials Are Buying Used Makeup

Thrifty younger shoppers are scouring resale sites for Chanel and YSL Beauty, a phenomenon that reveals just how complex and contradictory the consumer psyche is in this luxury market worth $24 billion. from The Business of Fashion https://ift.tt/31LciAx

Snapchat Is Back in Fashion

Many brands fled Snapchat for greener pastures on Facebook and Instagram. But those that stuck around have found Snapchat is a winning platform to reach Gen Z. from The Business of Fashion https://ift.tt/2KHl0ub

Retailers Look to Put a Bad Week Behind Them

This week, everyone will be talking about financial results from Gap Inc., Nordstrom and other major retailers, the latest twists at L Brands and the booming clothing rental market. Read our BoF Professional Cheat Sheet from The Business of Fashion https://ift.tt/309hrlD

明星解约不是奢侈品牌频繁“辱华”的重点，这才是

- August 17, 2019

面对全球最大奢侈品市场日益高涨的民族及爱国主义情绪，各大品牌似乎无法避免中国民众的愤怒，因此，仅仅聘用明星代言人和首席多样官可能还远远不够。 from The Business of Fashion https://ift.tt/33JsPXt

Amazon Tests ‘Top Brand’ Label for Some Big-Name Fashion Sellers

The move could ease tensions between the online retail giant and big-name companies used to favourable positioning at brick-and-mortar retailers. from The Business of Fashion https://ift.tt/33ySMcp

Losing Hong Kong: A Catastrophe for Luxury Retail

Violent clashes between pro-democracy protesters and China’s government spell long-lasting damage to the local retail sector, leaving Richemont, LVMH, Kering and others exposed. What options do brands have? BoF does the analysis. from The Business of Fashion https://ift.tt/2Mlschq

The BoF Podcast: Craig Green Talks Creative Evolution

Speaking with Tim Blanks, the designer reflects on his journey from a love of 'making things' to becoming a fixture of London's menswear scene. from The Business of Fashion https://ift.tt/2KB1QWK

Alibaba to Buy Kaola Unit From Netease for $2 Billion

The e-commerce conglomerate will invest $2 million into the largest Chinese shopping site for imported goods. from The Business of Fashion https://ift.tt/2Z87984

How Benefit Defied Makeup's Decline

The LVMH-owned beauty company is the only top 10 prestige makeup brand in growth mode in the US, thanks to wacky influencer collaborations and a dedication to eyebrows. from The Business of Fashion https://ift.tt/33FHz9I

Next to Replace Debenhams as Ted Baker's Kidswear License Partner

Debenhams will remain the fashion brand's license partner for lingerie and nightwear. from The Business of Fashion https://ift.tt/2Z7R9D5

How Fashion Brands Predict the Future

Inventory management is a mystery to even the biggest players in the space because it requires not only nimble decision-making on the production side as orders roll in but also a sense of fortune-telling. Recent technology, however, could be a major game changer — but only if retailers do it right. from The Business of Fashion https://ift.tt/2OZF9jh

业绩超预期，但人们好奇阿里巴巴新的增长点

美股财报季已经接近尾声，在全球零售业遇冷的环境下，阿里巴巴2020财年第一季度财报显示出它稳固霸主地位的野心。 from The Business of Fashion https://ift.tt/2KAU279

每日速报 | 亚马逊美国站出现“港独”T恤、阿里巴巴推迟香港上市、Yeezy成年度最热搜街头服饰

“每日速报”为您汇总国内外时装、纺织、商业、零售和科技相关领域资讯，助您即刻掌握每日要闻，拓宽眼界、与时俱进。 from The Business of Fashion https://ift.tt/31G5JiM

Revlon Taps Goldman to Explore Strategic Alternatives

The makeup company backed by billionaire Ronald Perelman is under pressure from smaller rivals and exploring all options. from The Business of Fashion https://ift.tt/2YOKPkx

J.C. Penney Logs Disappointing Sales But CEO Says Change Is Coming

Despite a 9 percent fall in same-store sales in the latest quarter, the department store chain's chief executive foresees a sales turnaround. from The Business of Fashion https://ift.tt/2Z7Yxua

Tapestry Shares Tumble as Kate Spade Sales Weaken

Same-stores sales at Kate Spade have declined for at least eight quarters, prompting the company cut back on new store openings for the brand. from The Business of Fashion https://ift.tt/31HV874

Power Moves | Anna Wintour's New Role, Canada Goose Names Design VP

This week, a restructuring of Condé Nast's global leadership sees the addition of a new responsibility to Anna Wintour's job title, while Canada Goose taps a new design lead from Columbia Sportswear. from The Business of Fashion https://ift.tt/2Z9rauV

BoF Forges Partnership with the Financial Times

The Business of Fashion is delighted to announce a partnership with the Financial Times, one of the world’s leading news organisations. The FT is leading BoF’s new Series B round and providing support to accelerate the growth of the business. from The Business of Fashion https://ift.tt/2Za2O44

Alibaba Defies China Slowdown As Sales Beat Top Estimate

The Chinese e-commerce giant, whose business is predominantly domestic, is riding a surge in internet shopping in defiance of a slowing home economy. from The Business of Fashion https://ift.tt/2Nax5tv

Macy’s CEO Assures Tariffs Will Only Hit Profits by 5 Cents a Share

Chief Executive Jeff Gennette said looming US tariffs will reduce per-share profits by a maximum of five cents and assures it is not a big impact. from The Business of Fashion https://ift.tt/2Z4Oiqn

Amazon Faces Backlash for T-Shirts With Hong Kong Democracy Slogans

Chinese social media users have directed their fury at Amazon after discovering T-shirts on its website sporting slogans such as "Free Hong Kong Democracy Now" and "Hong Kong is Not China." from The Business of Fashion https://ift.tt/33x4dRX

Escaping the Wrath of China’s Netizens

With brands seemingly unable to avoid outrage in the face of rising nationalism in the world’s largest luxury market, hiring chief diversity officers may not be enough. from The Business of Fashion https://ift.tt/2L0oC9B

Natura Q2 Profit More Than Doubles, Beating Estimates

The Brazilian cosmetics group, which counts Aesop and The Body Shop among its brands, posted net revenue of 3.4 billion reais, up 9.8 percent from the previous year. from The Business of Fashion https://ift.tt/2OXI5Nl

Plus-Sized Retailer Avenue to Close All 222 Stores

Like many retailers in the plus-sized market, Avenue has been under pressure as rivals such as Amazon and Target encroach on the space. from The Business of Fashion https://ift.tt/2KAkBK0

The Billionaire Who Backed Michael Kors Is Investing in Influencer Arielle Charnas

Charnas, whose licensing deal with Nordstrom is ending, has raised $10 million from Silas Chou and other investors to start a lifestyle brand headed by Naadam co-founder Matt Scanlan. from The Business of Fashion https://ift.tt/2KSV39U

海外小众美妆品牌想落地中国？这里有5条不得不知的秘籍

竞争激烈的中国市场，不是光有个好品牌就够了。这里是一份值得收藏的实操指南。 from The Business of Fashion https://ift.tt/2YKPzYm

每日速报 | 欧莱雅涉嫌窃取商业机密、李宁2019上半年毛利同比增长35.5%

“每日速报”为您汇总国内外时装、纺织、商业、零售和科技相关领域资讯，助您即刻掌握每日要闻，拓宽眼界、与时俱进。 from The Business of Fashion https://ift.tt/2KSsBoC

Stock Markets Slide as Bonds Signal Rising Concern About Growth

There is increasing evidence that the fight between the two largest economies over trade, technology and economic dominance has already done significant damage to the world economy. from The Business of Fashion https://ift.tt/2yXjEog

Pandora Turns to Harry Potter in Bid to Relaunch Brand

Following poor results in key markets and waning favour from investors, the danish jewellery company has signed a contract with film production company Warner Bros. as part of its two-year restructuring plan. from The Business of Fashion https://ift.tt/33zHnsE

De Beers Allows Customers to Reject Small Diamonds to Appease Surplus Crisis

As demand for diamond jewellery is stagnant and high stocks of polished gems cuts margins, De Beers has told customers they can refuse to buy stones that are smaller than three-quarters of a carat. from The Business of Fashion https://ift.tt/2TyCkUF

Macy’s Tanks After Forecast Cut, Signaling Department-Store Woes

The department store's shares fell by 15% in New York on Wednesday, amid sales slide following rising competition by e-commerce rivals. from The Business of Fashion https://ift.tt/2Mh9iZb

Sport Direct Loses Auditor Grant Thornton

The retailer is struggling to find a replacement auditor after talks with members of the "Big Four" accounting firms had not been fruitful. Shares fell 4 percent in early trading. from The Business of Fashion https://ift.tt/2Mh4PWg

Canada Goose Posts Smaller-Than-Expected Loss on Sales

As the company sold costlier jackets and parkas to department stores and opened five new retail outlets, it posted a quarterly loss smaller than analysts had feared. from The Business of Fashion https://ift.tt/33tp3S9

RealReal Rises After Smaller Net Loss Than Expected

Shares rose 20 percent after the luxury goods reseller posted a narrower net loss than expected, and revenues rose 51 percent to $71 million. from The Business of Fashion https://ift.tt/2Hk3KJp

Australian Wool Prices a Casualty in US-China Trade War

Australia, which controls 90 percent of global fine-wool exports, is seeing wool grade prices fall by 7 percent over Sino-US trade war. from The Business of Fashion https://ift.tt/2MfxnQ7

Amazon Seller Complaints Drawing FTC Interest, Chairman Says

The US government agency is investigating alleged anti-competitive conduct on the e-commerce platform. from The Business of Fashion https://ift.tt/2TtBatK

The Future of Diet Prada

Will the industry watchdog mature its approach and find a business model that works — or go up in flames? from The Business of Fashion https://ift.tt/2MYhhtD

Californian Start-Up Born in a Garage Beats L’Oréal in Patent Feud

After Olaplex accused L’Oréal of stealing trade secrets in 2015, the french beauty company may now face charges up to $91.3 million. from The Business of Fashion https://ift.tt/303ARs4

Snap Launches New Augmented Reality Spectacles

The new version of Snap Inc's eyewear will be able to capture photos and videos and upload them directly to Snapchat, as the company works to develop its augmented reality features. from The Business of Fashion https://ift.tt/2Z1tV1p

China's JD.com Beats Revenue Estimates, Forecasts Upbeat Q3 Sales

The Chinese e-commerce company beat Wall Street's earnings estimates, with total net revenue rising by 22.9 percent and shares up by 5 percent. from The Business of Fashion https://ift.tt/33tyh0A

As Barneys Struggles, Fashion Vendors Try on Alternative Channels

The luxury retailer recently filed for bankruptcy protection, owing $1.6 million to Prada and millions to other Kering and LVMH labels. from The Business of Fashion https://ift.tt/2YYUCQk

China’s Online Army Shows Foreign Brands Who’s in Charge

Global luxury brands are at risk of losing Chinese consumers, who account for at least a third of current luxury sales and two-thirds of the industry’s growth. from The Business of Fashion https://ift.tt/2H3Oa4k

Amazon Nears Deal for Up to 10% of India’s Second-Largest Retailer

The e-commerce giant is in talks to acquire a 20 percent stake in the Mumbai-based retailer in a bid to increase Amazon's India presence. from The Business of Fashion https://ift.tt/2TsNElc

After $140 Billion Wipeout, Alibaba and Tencent Bid for Comeback

The Chinese companies are likely to rebound from trade war losses since May, with Alibaba's revenue projected to grow by 38 percent and Tencent's revenue is expected to grow by 27 percent. from The Business of Fashion https://ift.tt/2OSbwQP

How Doctor Brands Cash In on Authority

Clinically minded skincare brands — inspired by in-office treatments and cutting-edge science — have taken centre stage on today’s exploding skincare frontier. Sarah Brown asks: Do these (generally tiny) brands pose a credible threat to the establishment? from The Business of Fashion https://ift.tt/2GZUFVK

公关危机持续发酵，奢侈品牌多年前埋下的雷区终于连环爆炸

一众奢侈和时尚品牌陷入争议后，中国网友持续性关注及监督，暴露出了西方品牌的历史遗留问题及企业结构性“水土不服”的困局。 from The Business of Fashion https://ift.tt/2MURWR8

收购Off-White的幕后推手，Farfetch想掌握潮牌的未来

奢侈品电商Farfetch斥资6.75亿美元收购了大热街头潮牌Off-White的幕后推手New Guards，计划联合该集团推出“未来品牌”。 from The Business of Fashion https://ift.tt/2YDU5I2

每日速报 | Calvin Klein官宣代言人即遭遇公关危机、Fenty Beauty即将上新

“每日速报”为您汇总国内外时装、纺织、商业、零售和科技相关领域资讯，助您即刻掌握每日要闻，拓宽眼界、与时俱进。 from The Business of Fashion https://ift.tt/2MYHZST

North America Luxury Stocks Drop as Hong Kong Protests Mount

The protests, which have continued for 10 straight weekends, are disrupting retail businesses, travel and gaming. from The Business of Fashion https://ift.tt/2MZyPW3

Botox Rival Jeuveau Reports Early Sales

On Monday Evolus reported revenue of $2.3 million from early sales of the drug. from The Business of Fashion https://ift.tt/2MfHBju

Nike Launches New Subscription Service for Children

It is the sports giant's latest plan to keep shoppers coming back to its brands as it struggles with strong competition from Adidas in its US home market and a resurgence in retro brands like Fila and Reebok. from The Business of Fashion https://ift.tt/33t3fpJ

Britain's Empty Shops Hits Highest Level Since 2015

The national town centre vacancy rate was 10.3 percent in July was the highest since January 2015, and shopper footfall fell by 1.9 percent, the worst decline for July since 2012. from The Business of Fashion https://ift.tt/2Mf3U8Y

Positioning for Promotions Through Personal Branding

Experts say candidates can increase their chances for promotion by developing professional personas. from The Business of Fashion https://ift.tt/2ZXwNJM

Careers Counsel | How to Give Constructive Criticism

Careers Counsel is a weekly round-up of the most helpful and inspiring advice for boosting your career. from The Business of Fashion https://ift.tt/2Z2WHys

Announcing Fusalp and Paul Wilmot Communications

Check out this week’s new partners and openings on BoF Careers, the global marketplace for fashion talent. from The Business of Fashion https://ift.tt/2ZXxq66

The Best Jobs on BoF Careers

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from Moncler, The North Face and Dover Street Market. from The Business of Fashion https://ift.tt/2YZfVVN

Versace, Gucci, Coach and Givenchy Have Angered China's Netizens. Who's Next?

Brands have issued apologies and lost celebrity ambassadors like supermodel Liu Wen after products were discovered listing Hong Kong, Macau and Taiwan as separate countries, angering nationalist Chinese consumers amidst political unrest in Hong Kong and a trade war with the US. from The Business of Fashion https://ift.tt/2H1qTzY

Facebook, Sequoia Bet on Indian Startup in $125 Million Funding Round

The social network giant is the latest to join investments into the Indian e-commerce marketplace connecting apparel resellers to social media platforms including WhatsApp.   from The Business of Fashion https://ift.tt/2yUC2y0

BlackRock Acquires $875 Million Stake in Authentic Brands Group

The American global investment management corporation bought a majority stake in Authentic Brands Group, parent company of Hervé Leger, Sports Illustrated and Juicy Couture. from The Business of Fashion https://ift.tt/2H1hDfc

Boohoo Wants to Beat Zara at Its Own Game

The UK-based company is already among the most successful among a new breed of ultra-fast online brands challenging retailers like Zara and H&M. It’s latest acquisition of British brands Karen Millen and Coast signals broader ambitions. from The Business of Fashion https://ift.tt/2MdxgEp

Bath & Body Works' Enduring Formula for Success

The success of Bath & Body Works often gets overlooked amidst all the dramatic headlines about Victoria’s Secret and parent company, L Brands. But the mall chain is thriving in an environment in which it has little competition. from The Business of Fashion https://ift.tt/2YRNide

BlackRock Buys $875 Million Stake in Authentic Brands Group

The company's private equity vehicle struck its first deal, backing a company that manages brands including Juicy Couture, active-wear maker Spyder and leather-goods provider Frye Co. from The Business of Fashion https://ift.tt/2TovZLN

Investors Have Soured on Fashion Start-Ups. Can The RealReal Change Their Minds?

This week, everyone will be talking about The RealReal's first financial results as a public company, Coach and Kate Spade owner Tapestry's outlook for US retail and how volatility in China's currency affects luxury brands. Read our BoF Professional Cheat Sheet. from The Business of Fashion https://ift.tt/33nQBbn

Versace Loses Chinese Brand Ambassador Amid T-Shirt Controversy

Actress Yang Mi said she’ll stop all work with the luxury brand after a controversy erupted online over a T-shirt design that listed Hong Kong and Macau as countries. from The Business of Fashion https://ift.tt/2GWYATe

性丑闻当事者自杀，维密老板的秘密亦浮出水面

- August 10, 2019

性丑闻当事者Jeffrey Epstein的自杀、品牌创意总监Ed Razek的离职……维密这一切问题的根源可能也是当年公司成功的关键——董事长Les Wexner对权力的严格控制。 from The Business of Fashion https://ift.tt/2Hdnaj5

Jeffrey Epstein Reportedly Commits Suicide In Prison

- August 10, 2019

The Upper East Side financier charged with the sex trafficking of minors committed suicide in his Lower Manhattan jail cell, according to multiple news reports. from The Business of Fashion https://ift.tt/2GZuw9o

Rebooting Barneys New York

The troubled retailer could once again be reborn. But this time, it’s going to take a drastic overhaul to get the business back on track. from The Business of Fashion https://ift.tt/2KqUzsv

The Hidden Network Churning Out Celebrity and Influencer Beauty Lines

Every celebrity wants to launch the next Kylie Cosmetics or Fenty Beauty. But few want to put in the work required to build a brand from scratch. BoF takes a look at the growing field of companies that develop beauty lines for famous faces. from The Business of Fashion https://ift.tt/33gkham

Shiseido Shares Soar as Tokyo Stocks Rise

The Japanese beauty giant's shares rose 8.8 percent after reporting steady demand in the Chinese market . from The Business of Fashion https://ift.tt/2GUXYxo

Alibaba Group President Faces Criminal Charges in Malaysian Bond Scandal

Michael Evans, like 16 others charged, now faces custodial sentences and criminal fines in a case with global ramifications. from The Business of Fashion https://ift.tt/2Z1Foy8

Report: Uniqlo to Close a Seoul Store on Anti-Japan Boycotts

The Japanese retailer has been hurt by South Korean consumer boycotts amid a mounting dispute between the two countries. from The Business of Fashion https://ift.tt/2MRlTl2

Korean Cosmetics Firm in Hot Water Over Video Praising Japan in Trade Row

Kolmar Korea apologised after its chairman showed employees a video praising Japan's prime minister amid a bitter trade row between the two Asian nations. from The Business of Fashion https://ift.tt/2KONyAP

Op-Ed | New York Fashion Week Has a Donald Trump Problem

The protests against Stephen Ross have so far targeted Equinox and SoulCycle — but the billionaire’s reach also extends into the upper echelons of the American fashion industry. from The Business of Fashion https://ift.tt/2P3DXLR

More Than an Influential Face: How Social Media Stars Are Diversifying

The influencer economy is changing and top content creators are evolving, building businesses that don’t rely on their likeness. from The Business of Fashion https://ift.tt/2YxcjuV

Why Farfetch Bought New Guards Group

The luxury marketplace bought New Guards, which operates streetwear sensation Off-White, for a total value of $675 million and plans to tap into the group to launch 'brands of the future.' New Guards’ Co-founder Davide De Giglio will stay on as chief executive. from The Business of Fashion https://ift.tt/2ZM1phs

Farfetch Acquires Off-White Parent New Guards Group

The luxury marketplace announced the acquisition on Thursday. from The Business of Fashion https://ift.tt/2ZMgdwC

North Korea's Domestic Beauty Products Get State Push

Despite a long history of regulating its citizen' appearances, North Korea is now promoting its domestic beauty products in efforts to boost local business. from The Business of Fashion https://ift.tt/2Ky1Y8g

Investors Demand More From Expensive Luxury Stocks

Despite most luxury companies reporting sales growth in the latest round of results, investors’ appetite has cooled, in part due to high valuations. from The Business of Fashion https://ift.tt/2M7pM65

Shares in Adidas Slip As It Pays to Fix Sourcing Shortages

The German sportswear company's shares were down over 6 percent, as the company's supply chain is hit by the US-China trade war. from The Business of Fashion https://ift.tt/2YXBfqU

Zalando and Amazon Face Soaring Return Rates Among German Consumers

The e-commerce retailers are forced to rethink return strategies as German consumers send back 5.5 billion euros worth of goods. from The Business of Fashion https://ift.tt/2M7mcJ5

Power Moves | Ports 1961 Taps Fabien Baron and Karl Templer, Nylon Appoints Editorial Director

This week, Ports 1961 makes new hires as part of the brand’s creative turnaround strategy, while Nylon hires its editorial director from Fashionista. from The Business of Fashion https://ift.tt/2YNS0bL

How to Break into China as a Niche Beauty Brand

Niche is all the rage in the world’s second largest beauty market. Here’s how brands can cash in on the opportunity. from The Business of Fashion https://ift.tt/2YDnbYk

Live Stream Apps Are Changing the Way People Shop

Live streaming is big business in China, where consumers spend billions on products pitched from influencers' bedrooms. Now the format — described by one investor as “QVC meets Oprah” — is taking off in America. from The Business of Fashion https://ift.tt/2KnGZWw

The Inner Workings of Victoria’s Secret: A Chairman and His Circle

Creative director Ed Razek is exiting Victoria’s Secret as the brand suffers from sinking sales and media reports of past links to sex offender Jeffrey Epstein. But the root of the problem may be the very thing that made the company so successful in the first place: billionaire L Brands chairman Les Wexner’s tight grip on power. from The Business of Fashion https://ift.tt/2KLYZJx

Live Stream Apps Are Changing the Way People Shop

Billionaire Wexner Says Epstein Misappropriated ‘Vast Sums’

Epstein for years helped manage Wexner’s finances and was affiliated with several other entities tied to the billionaire, including the Wexner Foundation. from The Business of Fashion https://ift.tt/2KxbR65

每日速报 | D&G辱华风波后首次现身微信、巴黎欧莱雅侵权独立设计师、歌力思与self-portrait成立合资企业

“每日速报”为您汇总国内外时装、纺织、商业、零售和科技相关领域资讯，助您即刻掌握每日要闻，拓宽眼界、与时俱进。 from The Business of Fashion https://ift.tt/2ZFPIIX

Tod's Family Owner to Keep Investing Despite Falling Sales

Group sales fell to €454.6 million in the first half of the year, 4.7 percent below the same period in 2018. from The Business of Fashion https://ift.tt/2yKuLkm

Mall Landlords Consider Becoming Lenders to Blunt Retail Apocalypse

The arrangement could give landlords a stronger say in the restructuring of retailers who have gone bust, as lenders are treated with a higher priority in a bankruptcy. from The Business of Fashion https://ift.tt/2YLAl4t

Capri Cuts Sales Forecast as Michael Kors Demand Slows

While the move to sell more at full price drove a better-than-expected quarterly profit, it took a toll on Kors' store traffic, with same-store sales falling in the low single digits. from The Business of Fashion https://ift.tt/2MEDRHA

ModCloth Reportedly for Sale

According to Modcloth Chief Executive Silvia Mazzucchelli, the Walmart-owned company is 'in the process of exploring potential opportunities' in response to interest from buyers. from The Business of Fashion https://ift.tt/33gQ4Ij

EssilorLuxottica Looks to Further Deals After GrandVision Purchase

After recently diffusing internal leadership rivalries and acquiring Grandvision for $8 billion, the Franco-Italian eyewear group is setting its sights on Asia, Africa and Latin America for expansion. from The Business of Fashion https://ift.tt/2YMyixk

Barneys New York: What Happens Now?

After filing for bankruptcy protection, the luxury retailer aims to restructure its business and find a new owner. But where does that leave the brands it sells? from The Business of Fashion https://ift.tt/2ZDsIuf

For J.C. Penney CEO, Debt Haunts Turnaround Bid

The ailing American department store chain's CEO is shifting the company's strategic priorities in attempts to tackle its $154 million first-quarter financial loss. from The Business of Fashion https://ift.tt/2GS6nBT

When Every Day Is a Sale, Stores Struggle to Catch Shoppers’ Eye

As American parents are expected to spend $507 on average on school-related items in the upcoming season, retailers are urged to look towards consumers for product cues. from The Business of Fashion https://ift.tt/2MGjjyh

Apple and Goldman Sachs Start Issuing Apple Cards to Consumers

The technology giant and the financial services company are jointly issuing the Apple Card, with expectations to hit $1.4 billion of high-margin revenue by 2023. from The Business of Fashion https://ift.tt/2MEKoSq

Klarna Valued at $5.5 Billion in Funding Round

The Stockholm-based fintech company said it would invest proceeds to expand in the United States, where it was adding new customers at an annual rate of 6 million. from The Business of Fashion https://ift.tt/2YVblIp

Boohoo Seals Deal for Karen Millen and Coast Brands

The online fast-fashion group, which owns PrettyLittleThing and Nasty Gal, bought the online business and all associated intellectual property rights of the two brands after they went into administration. from The Business of Fashion https://ift.tt/2YpjMfo

Over 100 Models Petition Victoria’s Secret on Sexual Misconduct

Organised by the Model Alliance and signed by major models including a former Victoria’s Secret ‘Angel,’ the letter calls on the lingerie behemoth to commit to a new code of conduct. from The Business of Fashion https://ift.tt/2OHvXQo

Beiersdorf Confirms 2019 Outlook Despite Nivea's Slowing Growth

Mass-market labels like Nivea are struggling amid the rise of small, disruptive brands and consumer demand for premium products, prompting Beiersdorf to push pricier lines like La Prairie and Eucerin. from The Business of Fashion https://ift.tt/2MD3qc5

Boohoo Bids for Online Businesses of Karen Millen and Coast

The bid was the latest sign of the growing strength of Boohoo, whose online-only model has seen it register rapid growth at a time when a number of rivals are struggling to stay afloat. from The Business of Fashion https://ift.tt/2yHdqsy

Barneys Files for Bankruptcy As Rents Rise and Visitors Fall

The Chapter 11 filing allows Barneys to stay open while it works out a plan to turn around the business and pay its debts. from The Business of Fashion https://ift.tt/2GMYugM

Luxury Beauty Is Coming For... Babies?

Brands like Dr Barbara Sturm and Chantecaille are betting ingredient-conscious shoppers will treat their kids to the same high-end products they use on themselves. from The Business of Fashion https://ift.tt/2KrmQ0N

E-commerce Is Boring. A Jeff Bezos-Backed Startup Wants to Change That.

A start-up is betting on virtual reality to spice up the online shopping experience. Goodbye thumbnail product images, hello "underwater stores" and CGI yoga studios. from The Business of Fashion https://ift.tt/2OGofWE

Victoria's Secret 'Angels' Mastermind, Ed Razek, Has Resigned

The executive's work at the company has been under intense scrutiny for the past year. from The Business of Fashion https://ift.tt/2YrS4yO

Victoria’s Secret Hires Transgender Model Following Criticism

Amid criticism for its lack of diversity, the American lingerie seeks out its first transgender model. from The Business of Fashion https://ift.tt/33dkR92

Educating and Empowering Specialty Retailers at Coterie

By teaching its specialty retail community how to adopt global innovation at local scale, Coterie seeks to democratise growth strategies previously perceived as available only to larger businesses. from The Business of Fashion https://ift.tt/2yFVTRq

Careers Counsel | Learn to Be More Coachable

Careers Counsel is a weekly round-up of the most helpful and inspiring advice for boosting your career. from The Business of Fashion https://ift.tt/2KhynAT

Announcing Hodinkee, Soko and Finda

Check out this week’s new partners and openings on BoF Careers, the global marketplace for fashion talent. from The Business of Fashion https://ift.tt/31fZm5B

The Best Jobs on BoF Careers

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from Farfetch, Erdem and Wales Bonner. from The Business of Fashion https://ift.tt/2KffBdf

Ambani’s Reliance to Buy Google-Backed Indian E-Commerce Startup

The Indian multinational conglomerate will invest up to $42 million for a majority stake in the google-backed retail startup Fynd. from The Business of Fashion https://ift.tt/2GK0B56

The Golden Age of Instagram Marketing Is Over

Frustrated by the rising costs of ads and declining reach, some fashion brands are re-allocating their marketing budgets. from The Business of Fashion https://ift.tt/2MFa2Xa

Why Luxury Is Banking on Tomboy Influencers

In China, the likes of Gucci and Chanel are embracing female celebrities who have made waves with their androgynous style. Just don’t ask them about their sexuality. from The Business of Fashion https://ift.tt/2ZxE5nh

Galvan to Launch Accessible Luxury Handbags

The London-based evening wear brand will offer a new line of clutches and small handbags priced between $450 and $895. from The Business of Fashion https://ift.tt/2YJcGld

Safilo Books €227 Million Write-Down in Wake of Dior Eyewear Loss

Safilo said earlier this month it would lose its license at the end of 2020 to use the Dior brand, which accounted for 14 percent of sales in the first half and which will likely go instead to LVMH's eyewear partner Marcolin. from The Business of Fashion https://ift.tt/2MEV4k0

Can Farfetch Spend Its Way to Success?

This week, everyone will be talking about Farfetch's earnings, Copenhagen Fashion Week and the back-to-school shopping rush. Read our BoF Professional Cheat Sheet. from The Business of Fashion https://ift.tt/2YqiHny

Hong Kong Protesters Occupy Major Shopping District

- August 03, 2019

from The Business of Fashion https://ift.tt/2GNinoe

Barneys Considers Bankruptcy Loan With Great American Capital

Advisers to the high-fashion retailer held talks with the specialty finance firm, in addition to existing lenders at TPG Sixth Street Partners and Wells Fargo & Co., sources close to the matter said. from The Business of Fashion https://ift.tt/2ZvHPG6

Hudson's Bay Panel Comments on Bid

Activist shareholder Jonathan Litt had lambasted the bid as "woefully inadequate" then, saying the company was worth double what the group was offering. from The Business of Fashion https://ift.tt/2LX8Wqt

Meghan Markle’s Vogue: When Activism Is More Fashionable Than Fashion

This week, the cover of British Vogue’s September issue, guest-edited by the Duchess of Sussex, lit up the internet. It featured neither fashion nor Meghan. from The Business of Fashion https://ift.tt/3372XV8

The BoF Podcast: Inside H&M’s $4 Billion Inventory Challenge

Listen to BoF’s Lauren Sherman and Sarah Kent in conversation with John Thorbeck, chairman of Chainge Capital, as they discuss the challenges of inventory facing H&M, its competitors and the wider fashion industry. from The Business of Fashion https://ift.tt/2OxxI2m

Why Beauty's Most Untouchable Social Media Brand Is Facing Challenges

Anastasia Beverly Hills founder Anastasia Soare talked to BoF about the brand’s future amidst growing pains in a sluggish makeup category flooded with new entrants. from The Business of Fashion https://ift.tt/338QXTl

Inside Fashion’s Enduring Mental Health Epidemic

The use-and-abuse culture facing young fashion professionals extends past internships and entry-level jobs, and can have a detrimental effect on their mental health. Could Gen Z be the generation that breaks this toxic culture? from The Business of Fashion https://ift.tt/334DGuW

Prada's Turnaround Is Under Pressure

Prada is on a mission to regain its footing in the high-stakes world of luxury fashion. Its latest set of results show that won’t be easy. from The Business of Fashion https://ift.tt/2ZrpDx5

Shopify Boosts Outlook on Strong Sales Performance

The Canadian e-commerce company reported second-quarter sales that beat analyst estimates and gave a more optimistic full-year outlook. Revenue grew 48 percent to $362 million. from The Business of Fashion https://ift.tt/2LUFwJl

Avon Revenue Falls Short as Sales Representatives Drop Out