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.
fast-fashion
Retail
Forever 21 Avoids Store Closures After Rent Cuts
The fast-fashion retailer will retain 60 of its US stores that were previously planned for closure after filing for bankruptcy in September.
Forever 21 Avoids Store Closures After Rent Cuts
The fast-fashion retailer will retain 60 of its US stores that were previously planned for closure after filing for bankruptcy in September.
Retail
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.
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.
Financial Markets
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.
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.
Retail
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 percent.
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 percent.
Workplace & Talent
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.
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.
Retail
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.
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.
Retail
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.
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.
News & Analysis
Boohoo Profit Jumps as Younger Shoppers Fuel Sales
The online fast-fashion retailer, which has seen strong performance in France and the US, surprised analysts with multi-brand sales growth in the challenging UK market.
Boohoo Profit Jumps as Younger Shoppers Fuel Sales
The online fast-fashion retailer, which has seen strong performance in France and the US, surprised analysts with multi-brand sales growth in the challenging UK market.
Retail
Primark Considers Central American Suppliers to Crack US Market
Some analysts believe Primark's combination of value, fashionability and breadth of range, means it could threaten value fashion retailers like Old Navy, American Eagle and Target on their own turf.
Primark Considers Central American Suppliers to Crack US Market
Some analysts believe Primark's combination of value, fashionability and breadth of range, means it could threaten value fashion retailers like Old Navy, American Eagle and Target on their own turf.
News & Analysis
High-Low Collaborations Democratised Fashion. But What Did They Do For the Designers?
Target gave independent brands the opportunity to make some money and gain exposure. In the long term, however, the cheap-chic retailer is the real winner.
High-Low Collaborations Democratised Fashion. But What Did They Do For the Designers?
Target gave independent brands the opportunity to make some money and gain exposure. In the long term, however, the cheap-chic retailer is the real winner.
Retail
H&M Sales Growth Slows
The Swedish retailer has been trying to reduce its high inventory level, which stood at $4.2 billion at the end of June.
H&M Sales Growth Slows
The Swedish retailer has been trying to reduce its high inventory level, which stood at $4.2 billion at the end of June.
News & Analysis
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. Its latest acquisition of British brands Karen Millen and Coast signals broader ambitions.
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. Its latest acquisition of British brands Karen Millen and Coast signals broader ambitions.
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.