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Showing posts from October, 2019

How to Advertise in the Digital Age

As Instagram and Facebook become oversaturated and expensive for brands, finding a healthy mix of advertising is becoming harder than ever. from The Business of Fashion https://ift.tt/2qdNdB2

Inside an International Fashion Prize: London Fashion Week

As BoF China Prize winner Caroline Hu arrives in London for her on-schedule SS20 presentation, our behind-the-scenes documentary captures the exciting run-up to her show at the Serpentine Gallery. from The Business of Fashion https://ift.tt/338HLh6

Power Moves | Riccardo Bellini Moves to Chloé, Burberry Adds to Board of Directors

This week, Chloé taps Maison Margiela’s CEO, while Burberry appoints an Asia-based drinks executive to its board of directors.  from The Business of Fashion https://ift.tt/2q7uO8U

Hong Kong Enters its First Recession in 10 Years Amid Protests

A government statement reported the city's first year-on-year decline, with the retail and tourism sector being hit the hardest.   from The Business of Fashion https://ift.tt/2PFNMOJ

Estée Lauder Cuts Profit Forecast

The beauty company blames a drop in shares on ongoing protests in Hong Kong, Brexit and slowing growth in China. from The Business of Fashion https://ift.tt/34jnvd6

Internet Slang Can Help Brands Boost the Bottom Line

To sharpen their social listening tools, write more authentic marketing copy and optimise SEO, brands need to stay abreast of trending online keywords popular among young Chinese shoppers. from The Business of Fashion https://ift.tt/2BXUk39

Gucci and Prada Take Up Plight of Workers in Barneys Bankruptcy

Barneys' creditors are supporting a bid that would keep more of the bankrupt retailer’s existing stores open. from The Business of Fashion https://ift.tt/2qZTY9U

Why There Are More Fashion Magazines Than Ever

The internet allegedly killed fashion media years ago, and yet the market for high-concept biannuals and quarterlies is more crowded than ever. from The Business of Fashion https://ift.tt/327xj8A

Op-Ed | A Manifesto for Mindful Cross-Cultural Borrowing

The rise of radical inclusivity has turned a nuanced debate on cultural appropriation into a series of trials by social media. There must be a better way, says Suleman Anaya. from The Business of Fashion https://ift.tt/2C02Oqp

Lindsay Peoples Wagner on Her First Year as Editor of Teen Vogue

How she got there, what she's learned and why she is upending things. from The Business of Fashion https://ift.tt/2q6JMvI

Japan Retail Outlook Murky Despite Sales Growth

Sales in September grew at the strongest pace since 2014, as consumers rushed to beat a hike in sales tax taking effect October 1. from The Business of Fashion https://ift.tt/2JyZ1Vk

Zalando Announces Plans to Remove its Plastic Packaging

The online fashion retailer has already switched to 90 percent renewable energy at its buildings and has pledged to redesign their packaging by 2023.   from The Business of Fashion https://ift.tt/2PvZ5cb

Roberto Cavalli Wins Court Approval for Sale to Dubai's Damac Founder

Private equity firm Clessidra took over 90 percent of the label from its founder in 2015, but was unable to turn the brand around. from The Business of Fashion https://ift.tt/2Wp3or2

How London’s Soho Became a Mecca for Selling Fashion to Millennials

The gritty quarter of Soho has attracted a flood of fashion brands targeting young streetwear-savvy consumers. from The Business of Fashion https://ift.tt/2poG14P

Can Nanushka Be More Than Just an Influencer Brand?

After finding fame on social media and building a thriving business via wholesale, the Budapest-based label sees opening its own stores as the next stage of its exponential growth. from The Business of Fashion https://ift.tt/2Jwt2oo

Miuccia Prada Sells Ownership of Milan Stores to Parent Company

The Italian fashion brand will pay €66 million to a holding company controlled by the co-CEO and designer. from The Business of Fashion https://ift.tt/322wf5T

L'Oréal Beats Sales Forecasts as Growth Picks up in Third Quarter

Sales were up 11 percent to €7.18 billion as the cosmetics giant retained momentum the key Asian market, despite turmoil in Hong Kong. from The Business of Fashion https://ift.tt/368QBgO

Shopify Loss Widens on Increased Spending

Even with quarterly revenue growth at 45 percent, the third quarter was the slowest in Shopify’s four years as a public company. from The Business of Fashion https://ift.tt/2otktDN

SMCP Reports a Rise In Third-Quarter Sales

The group remains optimistic about a growth in sales following a rise in third-quarter revenue by 10.8 percent to €274.5 million from last year. from The Business of Fashion https://ift.tt/2pWy4Up

Vestiaire Collective Partners With Selfridges for First Permanent Store

The consignment platform's segue into physical retail will help boost brand awareness, while the department store will be dipping a toe into the fast-growing $25 billion luxury resale market. from The Business of Fashion https://ift.tt/2Nhtc4e

Meet the Independent Record Labels of Fashion

A crop of platform-like brand incubators, from New Guards Group to Dover Street Market Paris, are spinning up new fashion labels for a hype cycle that’s moving faster and faster. from The Business of Fashion https://ift.tt/31WiDc0

Report: Google Owner Alphabet in Bid to Buy Fitbit

Fitbit shares rose 27 percent on the news, giving the company a market capitalisation of $1.4 billion. from The Business of Fashion https://ift.tt/32U3k55

Nike Files New Patent Infringement Lawsuit Against Skechers

The suit claims that Skechers’ Skech-Air Jumpin’ Dots and Mega shoes use footwear cushioning inventions Nike had developed. from The Business of Fashion https://ift.tt/32TQJi5

EU Agrees to January 31 Brexit Extension

UK Prime Minister Boris Johnson, who had pledged to deliver Brexit on October 31, 2019, had to request a postponement after parliament down-voted his proposed timetable for ratifying his withdrawal agreement bill. from The Business of Fashion https://ift.tt/31RHYEe

How SCAD Connects Students to a Global Fashion Ecosystem

With four interconnected global campuses in Savannah, Atlanta, Hong Kong and Lacoste operating a consistent class programme, Savannah College of Art and Design is in a unique position to provide a global fashion education and international industry experience. from The Business of Fashion https://ift.tt/36moGKC

Announcing Pink Shirtmaker, Mark Cross and Tom Wood

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/2Pq0Uaz

Careers Counsel | 3 Ways to Build Effective Boundaries at Work

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/2NmHDEl

The Best Jobs on BoF Careers

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from Zara, Erdem and Allbirds. from The Business of Fashion https://ift.tt/2NlZb34

Paula Cademartori Parts Ways With OTB Group

The Italian-Brazilian accessories brand is parting ways with Renzo Rosso’s group after a three year partnership. from The Business of Fashion https://ift.tt/2PqNEm6

How an Uncool Menswear Brand Struck It Big

Untuckit, the boastfully unfashionable but wildly popular American menswear company, is one of the biggest brands to emerge from the fashion start-up scene in recent years. from The Business of Fashion https://ift.tt/2pmxJdA

Why ‘Save’ Barneys? Maybe It’s Time to Move On.

With the store's fate still uncertain, the energy of those trying to resurrect its past glories could be better directed elsewhere, argues Lauren Sherman. from The Business of Fashion https://ift.tt/2qS3L1P

The Future of Tokyo Fashion Week

After a transitional season with a new title sponsor, Japan’s biggest fashion event is gearing up for a revamp. Will it be enough? from The Business of Fashion https://ift.tt/2Ng0jFH

What LVMH Stands to Gain From Buying Tiffany

An acquisition could make sense for both the luxury conglomerate and the American jeweller, but it wouldn’t be without its challenges. from The Business of Fashion https://ift.tt/2BQMHes

Why an LVMH-Tiffany Deal Makes Sense

This week, everyone will be talking about Virgil Abloh's collaboration with Ikea, LVMH's play for Tiffany, Hedi Slimane's first fragrance collection for Celine and Halloween's spooky fashion moment. Get your BoF Professional Cheat Sheet here. from The Business of Fashion https://ift.tt/2Pozwtw

LVMH Explores Potential Takeover of Tiffany in US Luxury Push

The French luxury group has approached Tiffany with a takeover proposal, though there’s no guarantee an agreement will be reached, said sources. from The Business of Fashion https://ift.tt/2JrZI2B

A Changing of the Guard at Nike and Under Armour

The CEOs of two of the world's biggest athletic brands announced on the same day that they would step aside. BoF examines what their successors will need to do to keep up momentum. from The Business of Fashion https://ift.tt/2Jp6l5w

Alber Elbaz and Richemont Are Launching a New Fashion Venture. They Have Their Work Cut Out for Them.

The former Lanvin creative director has inked a partnership with the Swiss luxury conglomerate. from The Business of Fashion https://ift.tt/2WfJRJB

Drive Season 2, Episode 2: Reformation's Yael Aflalo On Finding a Sustainable Focus

BoF meets Reformation Founder and CEO Yael Aflalo, who created her brand in 2009 around the idea of upcycling, after years of frustration battling with inefficiencies of the fashion wholesale system. from The Business of Fashion https://ift.tt/366m3wh

Alber Elbaz Agrees Joint Venture With Richemont

The swiss luxury goods maker has tapped the former Lanvin creative director for new partnership. from The Business of Fashion https://ift.tt/364GnOz

Inside Drugstores’ Expanded Beauty Department Strategy

Walgreens and CVS have added beauty services, more expensive products and new indie and DTC brands, in an attempt to compete with online and specialty beauty stores. from The Business of Fashion https://ift.tt/32NQkxL

Bulgari CEO Sees China Jewellery Sales Rising Despite Slowing Economy

The luxury jewellery company seeks to double profits over the next five years by expanding its brick-and-mortar footprint in China. from The Business of Fashion https://ift.tt/2PtlZ3Z

H&M Opens Experiential Store in Germany

The boutique offers yoga classes and a cafe with a garden as the Swedish budget chain seeks to revive flagging sales. from The Business of Fashion https://ift.tt/2WbYz4g

Inside an International Fashion Prize: Haute Couture Week

In this episode of our behind-the-scenes documentary on the BoF China prize, our winner presents her collection at the Ritz during Paris’ iconic Haute Couture week — while facing visa issues and the world media. from The Business of Fashion https://ift.tt/2W8YEFY

Supreme Lands in San Francisco, Amid Clash of Counterculture and Capitalism

The billion-dollar streetwear label, which has thus far managed its own tension between counterculture roots and private equity-fueled growth, will need to appeal to both the cred-conscious local skater community and the city’s wealthy ‘tech bros’ to succeed. from The Business of Fashion https://ift.tt/32LsliR

Authentic Brands Declares Victory in Barneys Bid, But It's Not a Done Deal

Authentic Brands Group said it had succeeded in its bid for the luxury retailer, but two competing bidders say they are still in the running. from The Business of Fashion https://ift.tt/2JkZA4Z

Gucci’s Slowdown Continues but Bottega Veneta Is Picking Up Steam

Kering’s third-quarter results showed a stabilisation in its biggest brand and a negative impact from the political upheaval in Hong Kong. from The Business of Fashion https://ift.tt/2pRk1PO

Supreme Lands in San Francisco, Amid Clash of Counterculture and Capitalism

The billion-dollar streetwear label, which has thus far managed its own tension between counterculture roots and private equity-fueled growth, will need to appeal to both the cred-conscious local skater community and the city’s wealthy ‘tech bros’ to succeed. from The Business of Fashion https://ift.tt/2MISIjF

Power Moves | Tommy Hilfiger Names CMO, Refinery29 Hires Fashion and Culture Lead

This week, Tommy Hilfiger hires its new CMO from Hollister, while Refinery29 taps Nylon’s former editor-in-chief for a newly created role. from The Business of Fashion https://ift.tt/341BYtI

One Family Built Forever 21, and Fuelled Its Collapse

The retailer’s bankruptcy filing, and interviews with former employees, give a rare glimpse into a family controlled, intensely secretive operation. from The Business of Fashion https://ift.tt/2BBnNj9

Inside the Nordstrom Dynasty

A glimpse into the legacy of the US-based department store and the launch of their first store in New York. from The Business of Fashion https://ift.tt/2oeRvHD

Inside the Nordstrom Dynasty

A glimpse into the legacy of the US-based department store and the launch of their first store in New York. from The Business of Fashion https://ift.tt/32GDeT6

The Apps Driving China’s ‘He-Conomy’

Poizon, Chao and Nice are just a few of the platforms Chinese men are signing up to, and brands like Nike and Uniqlo are taking note. from The Business of Fashion https://ift.tt/33Zlxym

Israeli Fashion Mogul Challenges Authentic Brands in Bid for Barneys

The retailer, which filed for bankruptcy in August, has been seeking proposals to best Authentic Brands' $271 million offer. from The Business of Fashion https://ift.tt/36504FR

Puma Profits Hit By US-China Trade War

Chinese production for the sportswear brand's US market has dropped to around 20 percent. from The Business of Fashion https://ift.tt/2BAMeNF

Asian Sales Propel Hermès To Impressive Third Quarter Performance

The French luxury group joins rival LVMH in largely shrugging off fallout from Hong Kong’s political protests, with sales at Hermès up 15 percent in the third quarter. from The Business of Fashion https://ift.tt/2Pewqbp

Don't Believe the Hype: Exclusivity Still Matters

Demand for luxury fashion is deeply rooted in exclusivity. The rise of millennials and the industry’s recent use of inclusivity in its marketing narratives does not change this, argues Luca Solca. from The Business of Fashion https://ift.tt/2PayyAW

Botox Has an Online Beauty Magazine. The Ethics Are Murky.

Allergan’s digital beauty site, Spotlyte, raises questions about how increasingly popular but potentially dangerous medical aesthetics treatments should be covered, and by whom. from The Business of Fashion https://ift.tt/2Pf984Z

Brexit Crash Course: 4 Things Businesses Need to Know

From tariffs and duties to talent and hiring, BoF unpacks the key points UK-based companies need to know as Brexit looms. from The Business of Fashion https://ift.tt/2qEzOlC

EU Could Approve Boris Johnson’s Brexit Extension Request by Friday

The bloc's approval isn’t automatic and requires the unanimous agreement of national leaders from all 27 member states. from The Business of Fashion https://ift.tt/2PdKGRu

Boris Johnson Eyes Election After Parliament Forces Brexit Delay

Tuesday night was the first time Parliament had approved any Brexit deal, but Johnson's opponents argued that they needed more time and voted 322 to 308 against his proposed timetable for progressing the bill. from The Business of Fashion https://ift.tt/2MDVEhE

每日速报 | 欧莱雅和娇韵诗达成收购协议、李宁第三季度收益稳步增长、天猫双11预售成交翻倍

“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/2MGewfW

Lessons From a Failed Start-Up

Customisable footwear brand Shoes of Prey was a start-up success story with a reported $115 million in annual sales in 2017. Less than a year later it was over. The brand's founders have some tips to avoid repeating their mistakes. from The Business of Fashion https://ift.tt/2W7Iz33

The Avon Lady Needs a Makeover

Some multi-level marketing brands, where customers sell the products and recruit others into their "downlines," are struggling to grow. Here's how they are adapting their formula to the age of e-commerce and Sephora. from The Business of Fashion https://ift.tt/2MFdgts

Nike CEO Mark Parker to Step Down

John Donahoe, a Nike board member, will resume the top job in 2020. from The Business of Fashion https://ift.tt/35XlXqJ

Swatch Group Won't Renew Calvin Klein Licence Agreement

The group attributes the decision to uncertainties in Calvin Klein's management. from The Business of Fashion https://ift.tt/2P92b5B

Procter & Gamble Quarterly Revenue Beats Expectations

The company exceeded Wall Street expectations following a rise in net income and net sales at the end of the first quarter. from The Business of Fashion https://ift.tt/2JbS38s

Visa, Mastercard and AmEx Develop Remedy for Abandoned Online Purchases

Financial service giants have banded together to create a one-click checkout option that competes with PayPal and Apple Pay and counts Saks Fifth Avenue among its early adopters. from The Business of Fashion https://ift.tt/2Bwv4R0

Uniqlo Ad Sparks Protest as South Korea-Japan Dispute Flares

The company's sales take a hit in South Korea amid an existing, wide-ranging boycott. from The Business of Fashion https://ift.tt/2BwXbjl

Op-Ed | Fashion's Class Barrier

The financial barriers to entry in America’s fashion system hold back creative talent, argues Chantal Fernandez. from The Business of Fashion https://ift.tt/32Fmag8

The Adaptive Fashion Opportunity

Adaptive clothing is a $350 billion opportunity the fashion industry has largely ignored — until now. from The Business of Fashion https://ift.tt/35X3MRN

Investors Bet Big on Shopping App From Stitch Fix Alum

Julie Bornstein's mysterious new e-commerce platform wants to connect consumers with a personalised offering of brands. Will she succeed where others have failed? from The Business of Fashion https://ift.tt/2P9euiq

Coty Shares Rise as it Looks to Offload Brands

The beauty and fragrance group plans to sell its business unit, which houses brands such as Wella, Clairol and OPI, as part of an ongoing streamlining plan. from The Business of Fashion https://ift.tt/2BrmUJV

Hudson’s Bay to Go Private at $1.45 Billion Valuation

The bid comes as investors hope to reinvigorate the fading 349-year-old department-store chain. from The Business of Fashion https://ift.tt/2MAP0sg

The Best Jobs on BoF Careers

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from Haider Ackermann, Loewe and Farfetch. from The Business of Fashion https://ift.tt/2qshSdK

Announcing Christian Louboutin, Harley-Davidson, Rehaimaiz and Shhhowercap

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/2N4en4O

Careers Council | 10 CEOs on Their Killer Interview Question

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/2o3fOYP

Uniqlo Suspends TV Ad Accused of Mocking Korean Sex Slaves

The commercial has been withdrawn from Uniqlo’s Youtube account and television networks. from The Business of Fashion https://ift.tt/2o95Cyc

Nordstrom Needs New York. Does New York Need Nordstrom?

Nordstrom's massive new women's store, its first in Manhattan, is a big bet on the future of department stores even as some of its rivals are in retreat. But the Seattle-based chain isn't entering the city blind. from The Business of Fashion https://ift.tt/2VZ4VDQ

Embedding Innovation in A 350-Year-Old Mill

Through the diverse experiences of three of its employees, BoF discovers how the company culture at Italian mill Vitale Barberis Canonico fuses centuries-old tradition with an openness to innovation. from The Business of Fashion https://ift.tt/2N14PaG

How to Create an Inclusive Workplace

Employees who feel comfortable and engaged make for a more productive and innovative workforce. Here’s how to make meaningful change in your company. from The Business of Fashion https://ift.tt/2oYDCh1

Weddings Are Changing. Can Designers Keep Up?

As the traditional bridal industry loses touch with Millennials, newcomers are reaping the rewards. from The Business of Fashion https://ift.tt/2J4MJn1

Nicolas Ghesquière Speaks Out Against LVMH’s Donald Trump Ties

Following Trump's appearance at the opening of a new Louis Vuitton factory in Texas, the house’s artistic director took to Instagram to condemn the US president. from The Business of Fashion https://ift.tt/31xGaQt

How Fast Is Gucci Growing?

This week everyone will be talking about Gucci's latest sales figures, Nordstrom's big new Manhattan store and the twists and turns of Barneys' bankruptcy. Get your BoF Professional Cheat Sheet. from The Business of Fashion https://ift.tt/2MUuXnK

Fallout From Trump's Trade Wars Felt by Economies Around the World

The fallout will slow global growth in 2019 to 3.0 percent, the slowest pace in a decade, the International Monetary Fund estimated this week. from The Business of Fashion https://ift.tt/35Ru6Nq

UK Lawmakers Vote to Delay Decision on Johnson’s Brexit Deal

Without sign-off from Parliament, UK Prime Minister Boris Johnson is required by law to write to the EU by 11 pm tonight asking to delay Britain’s departure until January 31. from The Business of Fashion https://ift.tt/35K60UR

Louis Vuitton Faces Boycott Threat After Trump Visits Factory

Grab Your Wallet, a group that asks shoppers to boycott businesses with ties to Donald Trump’s family and administration, is adding Louis Vuitton and other LVMH brands to its list. from The Business of Fashion https://ift.tt/35W3bjA

Why Kith's First Investor Hasn't Given up on Saving Barneys

With support from retail industry veterans including Andrew Rosen and billionaire Ron Burkle, Sam Ben-Avraham has raised $300 million for a competing bid against ABG and has his sight set on restoring Barneys to its former glory as New York’s coolest retailer. from The Business of Fashion https://ift.tt/2MRQDkl

Luxury’s Supply Chain in the Spotlight

This week, Bernard Arnault and Donald Trump inaugurated a new Louis Vuitton factory in Texas. More efficiently meeting local demand, the politics of ‘Made in the USA’ and the threat of future tariffs on European goods were likely key factors in the decision. But the fanfare also underscored on how luxury’s supply chain is coming under greater scrutiny and who’s best positioned to come out ahead. from The Business of Fashion https://ift.tt/2MRVzFR

The Secret to Beating the Makeup Slump

Beauty retailers with sluggish colour cosmetics sales need to rethink the way they’re selling to customers who increasingly prefer skincare to makeup. from The Business of Fashion https://ift.tt/2MrRv01

China Stops Deliveries of Black Clothing to Hong Kong Amid Protests

Customer service staff at some of China’s major couriers have said the restrictions were put in place around August. from The Business of Fashion https://ift.tt/35JGSgT

A Centuries-Old Culture of Embracing Change

An Italian institution founded in 1663, the longevity of the Vitale Barberis Canonico business is a testament to its willingness to embrace new ideas.  BoF sits down with its 13th generation guardian, Francesco Barberis Canonico, to hear more. from The Business of Fashion https://ift.tt/32oCrpy

Summersalt is the Latest Brand to Cash in on the Travel Trend

The direct-to-consumer brand made waves with its size-inclusive swimwear. Now it wants to sell sweaters and pajamas too. from The Business of Fashion https://ift.tt/2MTrcPg

Blau Magazine Goes International

The title debuted at Foire Internationale d’Art Contemporain (FIAC) with Cornelius Tittel as editor-in-chief and Marie Chaix as fashion editor. from The Business of Fashion https://ift.tt/32rhF8X

Unpacking LVMH’s Donald Trump Moment

On Thursday, LVMH Chairman and Chief Executive Bernard Arnault and US President Donald Trump inaugurated a new Louis Vuitton factory in Johnson County, Texas, which comes with a commitment by the French luxury group to create 1,000 American jobs over the next five years. What does it all mean? from The Business of Fashion https://ift.tt/2VRBymV

Power Moves | M.A.C. Taps Paper’s Drew Elliott, Dazed Announces Fashion Director

This week, Paper Editor-in-Chief Drew Elliott joins M.A.C. Cosmetics as global creative director, while Dazed magazine names its new fashion director. from The Business of Fashion https://ift.tt/31uxCtO

Inside an International Fashion Prize

Filmed over the course of a year in Shanghai, Paris and London, we capture the human stories behind competing in an international fashion prize, as we introduce six of China’s most promising emerging brands — each competing for a chance to win the BoF China Prize 2019 and $100,000 in prize money. from The Business of Fashion https://ift.tt/2Mn5Ta2

London’s Young Designers Face Brexit

Just weeks two week before the United Kingdom is set to break with the European Union, BoF talks to London’s young designers about their hopes, fears and plans. from The Business of Fashion https://ift.tt/33Fnobq

Under Armour Now Makes Spacesuits. Is That Good Business?

The US-based sportswear brand has partnered with Virgin Group on a new collection of spacesuits. from The Business of Fashion https://ift.tt/2IYt5cx

Deal or No Deal: What the Latest Brexit Developments Mean for Fashion

British Prime Minister Boris Johnson may have reached an agreement with the EU, but the UK’s withdrawal, and the terms on which it happens, is far from a done deal. from The Business of Fashion https://ift.tt/2VNZGXA

Snap Launches Dynamic Ads to Draw More Advertisers

The tech company's new advertising strategy will help it compete for digital ad dollars in a market dominated by Google and Facebook. from The Business of Fashion https://ift.tt/31sQeKJ

EU and UK Reach Agreement on Brexit

Northern Ireland’s DUP said it still can’t support the deal, but Boris Johnson needs the backing of the House of Commons to deliver Brexit on October 31. from The Business of Fashion https://ift.tt/2OXgdai

Sustainability Finally Takes Centre Stage in Shanghai

Shan Future Forum is driving the sustainability agenda in Shanghai alongside initiatives from Stella McCartney, Kering and Prada. But will China’s big industry players follow suit and take meaningful action in luxury’s biggest market? from The Business of Fashion https://ift.tt/33ErWP4

UK Retail Sales Growth Softens as Department Stores Disappoint

Growth in retail spending is at its weakest in more than three years, raising concerns about the health of the economy in the run-up to Brexit. from The Business of Fashion https://ift.tt/2qk6UqF

Dior Apologises to China Over Map Excluding Taiwan

The French luxury brand apologised after a an online video clip showed a student questioning the map at a recruitment event in China. from The Business of Fashion https://ift.tt/2MmJSbd

New Louis Vuitton Handbags to Boast ‘Made in the USA’ Tags

The leather-goods workshop in Keene, a small town in Texas, will create about 1,000 jobs over the next five years, the brand said in a statement. from The Business of Fashion https://ift.tt/33EvfG5

Tod’s Taps Walter Chiapponi

The troubled Italian maker of luxury comfort shoes is trying to reverse falling sales and re-energise its brand. from The Business of Fashion https://ift.tt/2Mo7e0j

Op-Ed | Inclusivity Demands More Than a Show

The fashion industry has staged an extraordinary consumer-facing performance of inclusivity, but its power structure remains anything but inclusive, argues Jason Campbell. from The Business of Fashion https://ift.tt/32n7bar

Rimowa Turned Luggage Into a Status Symbol. Can It Sell Fashion?

Three years after LVMH acquired the hardside luggage maker, Chief Executive Alexandre Arnault aims to move the brand beyond the baggage carousel and hit €1 billion in sales, all while building a ‘case study’ for a new way of working. from The Business of Fashion https://ift.tt/2Bl0utz

Authentic Brands Group Bids $271 Million For Barneys, Plans to Close All 7 Stores

The licensing group is the preferred bidder in an auction that runs through Oct. 22. If the bid succeeds, liquidation could start soon after. from The Business of Fashion https://ift.tt/31nlSJt

US Retail Sales Post First Decline in Seven Months

Sales dropped 0.3 percent in September as households cut back spending on motor vehicles, building materials, hobbies and online purchases. from The Business of Fashion https://ift.tt/2ppVFMW

Asos Profits Slump 68 Percent on Warehouse Problems

The online fashion retailer's shares have also fallen 49 percent over the last year. from The Business of Fashion https://ift.tt/35Etw5v

Chika, Rapper and Activist: On Inclusivity

The twenty-two-year-old queer, plus-size, rap phenomenon shares her thoughts on fashion’s attempts at inclusivity — and what the sector needs to do to connect with a woke Generation Z. from The Business of Fashion https://ift.tt/2OOoptk

How to Make Activewear Without Killing the Planet

As demand for activewear booms, so do customer expectations for sustainability. How easy is it for the category to become sustainable? And what compromises do brands have to make? from The Business of Fashion https://ift.tt/2VJnbkC

How Adidas Plans to Cash In on Old Clothes

The sportswear giant is partnering with London-based start-up Stuffstr to launch a new online take-back scheme for old clothes in the UK.   from The Business of Fashion https://ift.tt/2MJBiCr

What Chika Is Teaching Fashion

The self-described ‘big and black, gay and vocal’ rapper from Montgomery, Alabama, went viral for taking Kanye West to task for supporting Donald Trump. Here, she shares her life story and critiques fashion’s attempts at inclusivity. from The Business of Fashion https://ift.tt/2VJn9Jw

Report: Barneys Nears Bankruptcy Deal With Saks Owner Authentic Brands

After filing for bankruptcy earlier this summer, the luxury department-store chain closes in on a $270 million deal, according to sources familiar with the matter. from The Business of Fashion https://ift.tt/2VLzFbj

Hong Kong Retail Rents Fall Sharply

July-September has seen the sharpest quarterly decline since the Asian financial crisis. from The Business of Fashion https://ift.tt/2MhARQF

How to Handle a Customer Service Crisis

For retailers large and small, mishaps are inevitable. But how a company responds to its mistakes is crucial. If handled poorly, disgruntled customers may turn away from a brand for good. But the right moves can turn a disaster into an opportunity to build greater loyalty. from The Business of Fashion https://ift.tt/31msgRi

Can the Champs Élysées Reinvent Itself?

The famous Paris shopping avenue has had a tough time of late, but luxury brands are still willing to commit. from The Business of Fashion https://ift.tt/2MeIQhm

Careers Counsel | Why Your Boss Keeps on Interrupting You

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

Announcing A-Cold-Wall, La Perla and L'Estrange London

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/31f7jrl

World’s ‘Hottest Sportswear Firm’ Li Ning Surges 200 Percent

The Chinese brand, founded by former Olympic gymnast Li Ning, has more than tripled in Hong Kong trading this year. from The Business of Fashion https://ift.tt/2IPxkaf

Laura Ashley CFO to Leave Retailer After Two Decades

Sagar Mavani will replace Seán Anglim as CFO, while the company struggles with a decline in online sales. from The Business of Fashion https://ift.tt/2VHczD2

The Best Jobs on BoF Careers

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from Acne, Louis Vuitton and Michael Kors. from The Business of Fashion https://ift.tt/35Hcyn8

The Business of Casting Queer Models

Rising demand for LGBTQIA+ models is being driven by marketing as much as by social responsibility. But whatever the motives, greater visibility can help fight marginalisation. from The Business of Fashion https://ift.tt/2MdvguL

Ganni’s Guerrilla Approach to Global Growth

The Danish label is part of a generation of social-media-savvy brands that are betting on activating their powerful online communities to help smooth a path to international expansion. from The Business of Fashion https://ift.tt/32dFwZB

The Big Problems with Fast Fashion

This week, everyone will be talking about online retailer Asos' latest results and fashion weeks in Shanghai, Seoul and Tokyo. Get your BoF Professional Cheat Sheet. from The Business of Fashion https://ift.tt/2MIwzB8

California Bans Fur Products

Governor Gavin Newsom called it "one of the strongest animal rights laws in U.S. history." from The Business of Fashion https://ift.tt/2VErMV3

The Business of Saving Barneys

Reviving the upscale department store chain will take more than a Kith-like remake. from The Business of Fashion https://ift.tt/35qvdTP

Bicester Village Plans New York Presence

Value Retail is planning a Bicester Village outlet in the New York metropolitan area, Chairman Scott Malkin tells BoF. from The Business of Fashion https://ift.tt/2OGBfKa

Drive Season 2, Episode 1: Tim Brown on Allbirds' Sustainable Footwear Revolution

In episode 1 of the new season of BoF’s podcast series Drive, delivered by DHL, the Allbirds founder discusses how his high-risk strategy has created a fully sustainable brand that is disrupting the established footwear market. from The Business of Fashion https://ift.tt/2MBzc7u

Five Lessons Teens Can Teach Us About the Future of Beauty

Teens are buying less makeup because the era of the “VSCO girl” is upon us. Gen Z’s preferences have the potential to shake up the beauty industry, so here’s an analysis of what’s top of mind for them as they increase their earning — and spending — power.  from The Business of Fashion https://ift.tt/33eTsCK

Hugo Boss Plunges to 9-Year Low as Turnaround Unravels

The German brand's stock fell as much as 13 percent as suitmakers struggle to adjust to the trend toward casual office attire. from The Business of Fashion https://ift.tt/2B8DH41

Sharna Osborne’s Images Look Like Nothing Else in Fashion

There’s something girlish but gritty, nostalgic but not retro about Osborne’s work that sets it apart from anything being made in the fashion world today. from The Business of Fashion https://ift.tt/2Vvkymi

Peer-to-Peer Rental Start-Ups Take on Rent the Runway

A slew of new companies offer fashion rentals from users' closets and say their business models are easier to manage. But are customers dedicated enough to ship out and clean their own items? from The Business of Fashion https://ift.tt/328au5h

Global Companies Take Action After China’s Hong Kong Criticism

Apple is the latest in a list of brands including Versace and Tiffany to face criticism from China over protests in Hong Kong. from The Business of Fashion https://ift.tt/2OzitUX

Power Moves | Stella McCartney Announces CEO, Target Appoints CFO

This week, Stella McCartney taps Moschino’s former general manager for CEO, while Target promotes a company veteran to CFO amid the departure of its chief merchant. from The Business of Fashion https://ift.tt/323RuVJ

Houston Rockets Merchandise Disappears From Nike Stores in China

Sneakers and other merchandise were pulled from several stores after the team's general manager tweeted in support of anti-government protests in Hong Kong. from The Business of Fashion https://ift.tt/2AYacSL

China's Topsports Rises 8 percent in Hong Kong Debut

The company's reported success come after China's largest sportswear manufacturer raised $1.0 billion in an IPO last week. from The Business of Fashion https://ift.tt/2nxXxCJ

Why 5,000-Year-Old Fashion Is Making a Comeback

Handicrafts from China’s 56 ethnic minority groups have long been ignored and some are on the verge of extinction.  Now their fashion techniques are being sought for inspiration and collaboration by brands as diverse as Marni and Uniqlo. from The Business of Fashion https://ift.tt/2VuumNk

Uniqlo Sister Brand Sees 75% Profit Gains

Fast Retailing-owned experimental and stylish brand GU is experiencing significant growth. from The Business of Fashion https://ift.tt/2M2gSpb

The Big Business of White Sneakers

Despite a highly saturated market, startup labels are breaking through thanks to the enduring popularity of the minimalist trainer. So, how does a new brand sell such a simple shoe? from The Business of Fashion https://ift.tt/312os7B

Introducing the Latest Speakers for VOICES 2019

Julie Wainwright, Patrick Starr, Liya Kebede and Dan Widmaier are the latest names to join an exciting and inspirational group of speakers at BoF's Annual Gathering for Big Thinkers to be held in Oxfordshire, UK in November. from The Business of Fashion https://ift.tt/30ZnDft

De Beers to Sell Lab-Grown Diamonds in Stores

The mining giant once opposed marketing synthetic stones to consumers but started selling them online last year under a new brand, Lightbox. from The Business of Fashion https://ift.tt/2M4C7H0

LVMH Invests in a Gen Z Streetwear Brand

Madhappy was founded by four men in their early 20s in 2017 as a streetwear-meets-athleisure label. It now counts luxury’s biggest player as one of its backers. from The Business of Fashion https://ift.tt/2OBT2lB

LVMH Unscathed by Hong Kong as Growth Sets High Bar for Luxury

Sales of fashion and leather goods rose 19 percent, with 'remarkable' performance at Louis Vuitton and Christian Dior, and total sales rose 11 percent. from The Business of Fashion https://ift.tt/2Iyqdmf

Jewellery Maker Links of London Enters Administration, Putting 350 Jobs at Risk

The unisex jewellery company's latest move adds to the list of high-profile retailers running into trouble on Britain's high street. from The Business of Fashion https://ift.tt/31ZOaut

Levi’s Hit by Weakness in US Wholesale

The denim brand reported a 4 percent drop in third-quarter profit, the first fall since the 165-year-old company went public in March. from The Business of Fashion https://ift.tt/2M2vTHH

Japan's Fast Retailing Likely Hit by South Korea Boycott

A diplomatic spat between the two countries has caused sales in South Korea to fall 40 percent year-on-year in July and more in August. from The Business of Fashion https://ift.tt/2M1rVil

Case Study: How Ganni Turned a Local Label Into a Global Brand

In our latest in-depth case study, BoF examines how Ganni went from a niche Danish cashmere label to a cult favourite on the brink of global expansion. from The Business of Fashion https://ift.tt/2p2iQgg

Is Suburbia China’s Next Retail Gold Mine?

Beyond Shanghai’s downtown shopping meccas, suburban malls and mixed-use developments on the outskirts of the city present an exciting opportunity for brands like Calvin Klein, Nike and Sephora who have begun to put down roots here. from The Business of Fashion https://ift.tt/2oraK0G

Selfridges Sees Slowing Growth Amid Heavy Investment

The investment in experiential and digital offerings has boosted sales but also hit operating profit at the UK retailer. from The Business of Fashion https://ift.tt/2AUk1kE

H&M's Outlet Brand Afound Shifts Focus Towards Online

The outlet sells marked-down clothes from various external brands and is part of H&M's ongoing efforts to broaden its customer base. from The Business of Fashion https://ift.tt/2Our9vP

Rent the Runway Says It's Open Again After Supply Chain Crisis

The fashion-rental company is trying limit the damage after subscribers last month said that outfits they ordered for special events didn’t arrive on time or were canceled without warning. from The Business of Fashion https://ift.tt/2IxxtyY

Why Shiseido Bought Drunk Elephant

The Japanese beauty giant will purchase the clean skincare brand for $845 million, adding to a prestige portfolio that includes Shiseido, Nars, Clé de Peau Beauté and Laura Mercier. from The Business of Fashion https://ift.tt/2nw6Kvs

At Sacai, One World

Chitose Abe’s work has a wilful eroticism that you won’t find anywhere else in Japanese fashion and it was this that ultimately gave her latest collection its groove. from The Business of Fashion https://ift.tt/30U9Kzh

Shiseido Inks $845 Million Deal for Drunk Elephant

The Japanese beauty company's latest venture is indicative of its attempts to bolster its presence among younger shoppers. from The Business of Fashion https://ift.tt/2MmnCx1

Think Twice Before You Snub Taobao

Taobao used to be synonymous with cheap, trendy and sometimes counterfeit fashion, but China’s largest e-commerce platform is now gaining fashion cred as more cool young designers credit it with their success. from The Business of Fashion https://ift.tt/2MzzfRx

The New Rules of Merchandising

The internet has disrupted the way brands and retailers turn designs into the sort of products that fly off shelves, elevating the role of the merchandiser. Companies that encourage collaboration and intuition informed by data can stay a step ahead. from The Business of Fashion https://ift.tt/30WYvWR

New Study Shows Female British Consumers are not as ‘Woke’ as Their US Counterparts

Responses to offensive product launches are gender- and market-specific, with more women than men expecting immediate action in both the US and UK, according to a recent survey from First Insight.  from The Business of Fashion https://ift.tt/2p4WYk5

US Supreme Court Rejects Amazon Warehouse Worker Wage Appeal

Amazon tried to avoid a lawsuit seeking to ensure that warehouse workers get paid for the time it takes them to go through extensive post-shift security screenings. from The Business of Fashion https://ift.tt/33co8EM

China's 'Golden Week' Consumer Spending Offers Economy Rare Respite

Spending on retail goods has returned to growth, providing an important snapshot of Chinese consumers and tourists and their changing tastes and habits. from The Business of Fashion https://ift.tt/2IvxljE

Geopolitical Uncertainty Plays Tug of War on Luxury Index

Riots in Hong Kong, Brexit and continued tensions between the USA and its trading partners have caused the Savigny Luxury Index to fluctuate this month. from The Business of Fashion https://ift.tt/2ItlpyQ

Fast Fashion Retailer C&A May Raise up to $540 Million in Brazil IPO

C&A intends to raise funds to pay down $190 million in intercompany loans and to expand the business. from The Business of Fashion https://ift.tt/2IwVqXf

At Thom Browne, Before the Guillotine

If the collection was ridiculously pretty, it was also pretty ridiculous. from The Business of Fashion https://ift.tt/2Vjin5a

At Maison Margiela, From Liberation to Darkness

The show was John Galliano's most accessible distillation of the manifesto he is shaping around his designs. from The Business of Fashion https://ift.tt/2OscsJC

Junya Watanabe's Transmogrified Trench Coats

The designer's scalpel-sharp dissections made for spectacular reworkings of achingly familiar components. from The Business of Fashion https://ift.tt/2AOqPQB

UK Retailers Suffer Worst September on Record

Total retail sales values declined 1.3 percent in the year to September, adding to signs that the consumer economy is starting to crack in the run-up to Brexit. from The Business of Fashion https://ift.tt/2OpCLjO

Amazon and Walmart Find Sales Season Success in Rural India

Amazon.com and rival Walmart reported record revenue for their six-day India sales as e-commerce catches on with buyers and sellers in smaller towns. from The Business of Fashion https://ift.tt/31Rw8dS

Fashion’s Long Road to Inclusivity

From charges of cultural appropriation to outright racism, the last year has made clear just how far fashion still has to go to become more inclusive. Now, a perfect storm of identity politics, consumer activism and social media may bring about lasting change. from The Business of Fashion https://ift.tt/2ns3uBe

Colette’s Sarah Andelman: How to Win at Retail

The consultant and former creative director of the famed Paris concept store that closed in 2017 says that ‘Colette wouldn’t work today.’ Here’s what she thinks resonates with fashion consumers in a post-internet era. from The Business of Fashion https://ift.tt/2ANbWhr

Burberry Partners with The RealReal to Tap Fast-Growing Resale Market

The luxury British brand will offer consignors of its items a personal shopping experience, enticing them back into its stores. from The Business of Fashion https://ift.tt/2LTlvSi

Who Will Buy Barneys?

This week, everyone will be talking about who will buy Barneys New York, the (potential) release of Kanye West's latest album and the protests in Hong Kong. Get your BoF Professional Cheat Sheet. from The Business of Fashion https://ift.tt/2nlBBdX

Op-Ed | Ann Taylor Is Part of a Failed Retail Experiment

Ascena Retail Group Inc.’s gloomy quarterly results are a reminder not just of why the giant chain feels such enormous pressure to change. They also show the challenges retailers face when they try to create a whole greater than the sum of its parts. from The Business of Fashion https://ift.tt/2AJZu20

Barneys Considers Buyout Proposal From Retail Investor Group

The effort is being led by Sam Ben-Avraham, known for his roles in starting New York retail store Atrium and streetwear brand Kith, said people familiar with the matter. from The Business of Fashion https://ift.tt/2njF8JV

Instagram Introduces Threads, Taking on Snapchat Messaging

The application will allow users to stay in close contact with a small circle of people, automatically sharing videos and statuses with them. from The Business of Fashion https://ift.tt/357bvwp

Is This The End of Makeup Tutorials?

Amidst waning video views, content creators are posting less and less about the colour cosmetics brands that have helped them amass millions of followers. from The Business of Fashion https://ift.tt/2Veszfo

Engaging the ‘Evolved’ Consumer

Facebook’s global head of luxury shares how consumer behaviour is evolving on its platforms and why both the tech giant and the fashion and luxury businesses must embrace transparency to engage the new generation. from The Business of Fashion https://ift.tt/352yxVj

Vans Competition Pulls Sneaker Brand Into Hong Kong Political Row

A shoe design in support of Hong Kong’s pro-democracy movement could land Vans in hot water with Chinese consumers. from The Business of Fashion https://ift.tt/2Mgom6D

Browns 'Roaming Retail' Concept to Set Up Shop in Berlin

The British multi-brand boutique will host a three-day, festival-style pop up for the latest incarnation of its 'Nomad' travelling retail concept. from The Business of Fashion https://ift.tt/2Vc8iHf

BoF Wanted to Celebrate Diversity. Fashion's Leaders Saw More of the Same Superficiality Around Race.

The designer Kerby Jean-Raymond took BoF and founder Imran Amed to task on social media this week, criticising what he saw as the publication’s shallow approach to inclusivity. His comments found support among a diverse group of fashion insiders. from The Business of Fashion https://ift.tt/2ImMYcV

Melancholy and Improvisation at Miu Miu

The Prada show was distinguished by its serene rejection of excess. Miu Miu took a more wayward route, with an improvised DIY quality that was fundamental to the collection. from The Business of Fashion https://ift.tt/2oLcLVo

Top 10 Shows of the Season

After a fashion month punctuated with true fashion moments, BoF's editors pick the top ten shows of the season. from The Business of Fashion https://ift.tt/2LJtJMY

Power Moves | Kering Appoints Diversity & Inclusion Chief, Victoria Beckham Names CEO

This week, Kering hires its first chief diversity and inclusion officer, while Victoria Beckham Limited announces Paolo Riva’s successor. from The Business of Fashion https://ift.tt/31JOihK

'Clean' Beauty Products Not Always Safe, Dermatologists Say

Many skincare products labelled 'clean' or 'natural' remain unregulated and are not always safer than their traditional counterparts. from The Business of Fashion https://ift.tt/2pEOYa1

When Does It Pay To Let Celebrities Hijack the Runway?

The very thing that boosts brand exposure during fashion week could threaten a luxury house’s most valuable asset. Especially in markets like China. from The Business of Fashion https://ift.tt/2o9abZ5

De Beers Diamond Sales Fall 39 Percent in a Year

The jeweller's sales data indicates that 2019 is one of the worst years for the diamond industry in a long time. from The Business of Fashion https://ift.tt/2na9Bda

Ted Baker Warns of Possible Sales Decline After Year of Turmoil

The apparel chain has been reeling since the resignation of founder Ray Kelvin, who faced allegations of inappropriate conduct from employees. from The Business of Fashion https://ift.tt/2oJr6Sd

H&M Earnings Return to Growth After Two-Year Slump

A well-received summer collection helped the Swedish retailer boost profitability, with inventory as a proportion to sales falling to 18.5%. from The Business of Fashion https://ift.tt/2o4Lz3N

Gucci’s GG Logo Belt Is the Accessory Hit That Keeps on Giving

Sweet-spot pricing, clever merchandising and heavy social media appeal has made the logo belt a blockbuster product for the Italian megabrand. But how long can its magic last? from The Business of Fashion https://ift.tt/2oFGejl

Life at Its Most Primal at Stella McCartney

A sensuality infused even the more tailored pieces, and even her menswear fell under the spell. from The Business of Fashion https://ift.tt/2oG7yOg

Vice Media to Acquire Refinery29 in Drive for Female Audiences

The deal marks the biggest move yet by Vice Chief Executive Officer Nancy Dubuc, who has been trying to revive the once high-flying media company since taking over last year. from The Business of Fashion https://ift.tt/2ozptGE

Hong Kong Protests Bring Record Retail Sales Slump

Year-on-year retail sales dropped a record 23 percent, and visits from mainland China were down 42 percent in August. from The Business of Fashion https://ift.tt/2nKatFC

As Fashion Giants Eye Exit From China, One Indonesian Supplier Makes Gains

Sri Rejeki Isman PT, which makes apparel for J.C. Penney Walmart and H&M, is fielding calls from other brands looking to diversify their suppliers amid the ongoing US-China trade war. from The Business of Fashion https://ift.tt/2nLbOw1

ASOS Shakes Up Executive Board

The company revamped its board by naming several new directors as it looks to bounce back from a string of profit warnings. from The Business of Fashion https://ift.tt/2nKfjTq

Dapper Dan, Designer: On Inclusivity

The Harlem couturier has worked with Gucci to learn from cultural mistakes. See what he has to say about the role of inclusivity in fashion. from The Business of Fashion https://ift.tt/2p52iUH

What Gucci Learned From Dapper Dan and Its Blackface Crisis

One of the world’s biggest luxury brands is paying for its cultural insensitivity — and trying to change. from The Business of Fashion https://ift.tt/2mJtjw6

WeWoreWhat’s Danielle Bernstein’s Latest Customer: Her Fellow Influencers

The content creator, who recently launched an e-commerce site to sell her swimwear and apparel lines, is launching a technology platform that will help influencers manage their businesses.  from The Business of Fashion https://ift.tt/2ojEJY7

Why I’m Listening to Kerby-Jean Raymond

Imran Amed reflects on the American designer’s comments on the BoF 500 gala. from The Business of Fashion https://ift.tt/2ojqZfO

The Verdict on Paris Fashion Week

Sustainability and 70s Parisian chic loomed over a week punctuated by genuine fashion moments at Dries Van Noten, Rick Owens and Balenciaga. from The Business of Fashion https://ift.tt/2oj2a3C

Gamine Incarnations at Chanel

This collection mightn’t have had the elegance of Virginie Viard’s couture, but it did share its restraint. That suggests a strong, stable future. from The Business of Fashion https://ift.tt/2oh1k7w

At Louis Vuitton, Nostalgia for the Future

Nicolas Ghesquière’s Vuitton shows can come across as dry, but this one felt different. from The Business of Fashion https://ift.tt/2p6AAXH

Lacoste Ups the Fashion Ante

Designer Louise Trotter has talent and taste, but needs to fine-tune her vision for the brand. from The Business of Fashion https://ift.tt/2mFe6w3

Forever 21 Needs Older Shoppers to Come Back From Bankruptcy

The retailer filed for bankruptcy protection on Sunday, and its turnaround plan relies on luring in shoppers who are actually willing to buy clothes at full price. from The Business of Fashion https://ift.tt/2ohEoVS

Outdoor Wear Brand Kathmandu Acquires Rip Curl

The $236 million deal that sees the last of Australia's big three surf brands fall to overseas control. from The Business of Fashion https://ift.tt/2p19iSx

Forever 21 Founders Borrowed $10 Million From Their Daughters

The offspring are now named as unsecured creditors of their parents’ company in the bankruptcy filings. from The Business of Fashion https://ift.tt/2nojZ17

JD Sports' Footasylum Takeover Faces More Criticism From UK Competition Watchdog

The Competition and Markets Authority said Britain's biggest sportswear retailer had failed to address initial concerns that the acquisition could be bad for shoppers. from The Business of Fashion https://ift.tt/2oO51Si