Exclusive: Deciem to Relaunch The Chemistry Brand
The Estée Lauder-owned beauty company and The Ordinary parent will relaunch one of its original brands as it moves to rekindle its reputation for incubation.
bankruptcy
Latest News & Analysis
Retail
The Secret to Breathing New Life Into Old Brands
Banana Republic, J.Crew, Express and others are all promoting a new, more digital and fashion-forward identity in a bid to regain relevance. But a rebrand is no easy feat.
The Secret to Breathing New Life Into Old Brands
Banana Republic, J.Crew, Express and others are all promoting a new, more digital and fashion-forward identity in a bid to regain relevance. But a rebrand is no easy feat.
Marketing
Neiman Marcus ‘Reintroduces’ Itself to Customers In New Campaign
The American department store, which emerged from bankruptcy in 2020, is intent on convincing shoppers it is the premiere retail destination as people reenter the world.
Neiman Marcus ‘Reintroduces’ Itself to Customers In New Campaign
The American department store, which emerged from bankruptcy in 2020, is intent on convincing shoppers it is the premiere retail destination as people reenter the world.
Retail
Why Digital Fashion Companies Are Buying Up Tired Brands
Boohoo Group has bought ailing department store Debenhams, while Asos confirmed it is in talks to acquire Topshop. Why are new digital players targeting fading high street labels?
Why Digital Fashion Companies Are Buying Up Tired Brands
Boohoo Group has bought ailing department store Debenhams, while Asos confirmed it is in talks to acquire Topshop. Why are new digital players targeting fading high street labels?
Retail
Struggling J. Crew Replaces Another CEO
Jan Singer, who only joined the ailing retailer in February, will be succeeded by Madewell chief executive Libby Wadle.
Struggling J. Crew Replaces Another CEO
Jan Singer, who only joined the ailing retailer in February, will be succeeded by Madewell chief executive Libby Wadle.
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Retail
New York Sees 40% Bankruptcy Surge, Braces for More
The pandemic could permanently close as many as a third of the city's 230,000 businesses.
New York Sees 40% Bankruptcy Surge, Braces for More
The pandemic could permanently close as many as a third of the city's 230,000 businesses.
Retail
Will This Time Be Different for Neiman Marcus and J.C. Penney?
This week, everyone will be talking about fashion weeks in New York and London, the post-bankruptcy futures of Neiman Marcus and J.C. Penney, and sales updates from the owners of Zara and H&M. Get your BoF Professional Cheat Sheet.
Will This Time Be Different for Neiman Marcus and J.C. Penney?
This week, everyone will be talking about fashion weeks in New York and London, the post-bankruptcy futures of Neiman Marcus and J.C. Penney, and sales updates from the owners of Zara and H&M. Get your BoF Professional Cheat Sheet.
Retail
Will American Retail Rise Again?
This week, everyone will be talking about what comes next for American retail, the prospects for the luxury watch market and Goop’s online wellness summit. Get your BoF Professional Cheat Sheet.
Will American Retail Rise Again?
This week, everyone will be talking about what comes next for American retail, the prospects for the luxury watch market and Goop’s online wellness summit. Get your BoF Professional Cheat Sheet.
Retail
J.C. Penney's Bankruptcy Attracts New Potential Bidders
The hedge funds that hold the retailer's loans would become co-owners of a business they never planned to run, in partnership with a third party that could include one of the potential buyers they’ve been wooing.
J.C. Penney's Bankruptcy Attracts New Potential Bidders
The hedge funds that hold the retailer's loans would become co-owners of a business they never planned to run, in partnership with a third party that could include one of the potential buyers they’ve been wooing.
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Technology
Who Will Buy TikTok?
This week, everyone will be talking about the future of TikTok, J.Crew's emergence from bankruptcy and a jump in Covid-19 cases in France. Get your BoF Professional Cheat Sheet.
Who Will Buy TikTok?
This week, everyone will be talking about the future of TikTok, J.Crew's emergence from bankruptcy and a jump in Covid-19 cases in France. Get your BoF Professional Cheat Sheet.
Retail
J. Crew Wins Bankruptcy Exit Approval
To do so, it’ll swap more than $1.6 billion of old secured debt for ownership in the company.
J. Crew Wins Bankruptcy Exit Approval
To do so, it’ll swap more than $1.6 billion of old secured debt for ownership in the company.
Retail
J. C. Penney Shareholders at Risk of Wipeout Want Voice in Court
The group argues a liquidation would generate more than $8.4 billion, enough to pay off all creditors with some left over for shareholders.
J. C. Penney Shareholders at Risk of Wipeout Want Voice in Court
The group argues a liquidation would generate more than $8.4 billion, enough to pay off all creditors with some left over for shareholders.
Retail
Who Wants to Buy Europe's Failing Fashion Brands?
An online retailer chasing growth, a supplier-turned-retailer, and a worried Italian government are among the unlikely cast of investors shelling out for brands including Warehouse, Naf Naf and Corneliani. The assets are small fish, but the deals could hint at bigger transactions to come.
Who Wants to Buy Europe's Failing Fashion Brands?
An online retailer chasing growth, a supplier-turned-retailer, and a worried Italian government are among the unlikely cast of investors shelling out for brands including Warehouse, Naf Naf and Corneliani. The assets are small fish, but the deals could hint at bigger transactions to come.
The News in Brief
De Beers Makes Sweeping Cuts to Its Elite Diamond-Buying Club
The diamond company produced less than 22 million carats last year, down from almost 35 million in 2022.
L’Oréal India in Talks to Acquire Beauty Company Innovist
L’Oréal is in advanced talks to acquire a majority stake in Bare Anatomy parent Innovist sources told The Economic Times India.
Zegna Chairman Says War Has Clouded Visibility of Demand in Middle East
The Italian fashion house cautioned the war is reducing visibility on demand in the Middle East, which accounts for 7 percent of its sales, though all stores are currently open in the region.
Glossier Appoints New CMO
Nicole Solorzano, who joins from Ouai, is the Millennial beauty brand’s latest hire.
Macy’s CEO Points to E-Shaped Economy, Signalling Consumer Shift
The mention of a forked economy by the head of America’s largest department store signals a heightened wariness that middle-income Americans will continue to spend at the same pace.
France’s Bid to Suspend Shein’s Marketplace Rejected by Appeals Court
The decision from Paris’ Court of Appeal marked a win for the fast-fashion giant after a scandal over sex dolls resembling children for sale on its site.
Coty Announces Board Revamp
The embattled Covergirl owner has appointed five new independent directors amidst a wider leadership and company shakeup.