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.
john-lewis
Retail
Sales at John Lewis Hit by Snow Storm
The snow storms that blasted Britain last week also battered the department store chain, with weekly sales slumping more than 14 percent.
Sales at John Lewis Hit by Snow Storm
The snow storms that blasted Britain last week also battered the department store chain, with weekly sales slumping more than 14 percent.
Retail
UK Retailers Endure Worst July in Eight Years
British shops saw a dip in sales last month, adding to evidence consumers are cutting back spending on discretionary items.
UK Retailers Endure Worst July in Eight Years
British shops saw a dip in sales last month, adding to evidence consumers are cutting back spending on discretionary items.
Workplace & Talent
Power Moves | Designer Duo Departs Carven, Balenciaga Names CEO
This week, co-artistic directors Alexis Martial and Adrien Caillaudaud have parted ways with Carven, and Balenciaga has appointed Cédric Charbit as chief executive officer.
Power Moves | Designer Duo Departs Carven, Balenciaga Names CEO
This week, co-artistic directors Alexis Martial and Adrien Caillaudaud have parted ways with Carven, and Balenciaga has appointed Cédric Charbit as chief executive officer.
News & Analysis
John Lewis Profits Hit by Competition and Higher Pay
"Pre-tax profits for the six months to July fell by 14.7 percent to £81.9 million and are expected to remain under pressure."
John Lewis Profits Hit by Competition and Higher Pay
"Pre-tax profits for the six months to July fell by 14.7 percent to £81.9 million and are expected to remain under pressure."
Workplace & Talent
Power Moves | Justin O'Shea to Brioni, Richemont Co-CEO Retires, Nike Hires Dave Dombrow
LONDON, United Kingdom — BoF compiles the most important professional moves of the week.
Power Moves | Justin O'Shea to Brioni, Richemont Co-CEO Retires, Nike Hires Dave Dombrow
LONDON, United Kingdom — BoF compiles the most important professional moves of the week.
Financial Markets
John Lewis Provides Holiday Cheer as Store’s Online Sales Soar
John Lewis captured British shoppers’ online buying habits over Christmas, fueling sales growth at the UK department-store chain.
John Lewis Provides Holiday Cheer as Store’s Online Sales Soar
John Lewis captured British shoppers’ online buying habits over Christmas, fueling sales growth at the UK department-store chain.
Retail
Christmas Delivery Delays Hit E-Tailers
The Christmas rush is exposing the limitations of internet-only retailers as surging orders cause delivery delays, allowing Europe's shops to fight back with "click and collect" services and more in-store theatre.
Christmas Delivery Delays Hit E-Tailers
The Christmas rush is exposing the limitations of internet-only retailers as surging orders cause delivery delays, allowing Europe's shops to fight back with "click and collect" services and more in-store theatre.
Retail
Marks & Spencer Taps Rival John Lewis for New Finance Chief
Marks & Spencer Group hired Helen Weir to succeed Alan Stewart as chief financial officer, recruiting from one of its main UK retail competitors.
Marks & Spencer Taps Rival John Lewis for New Finance Chief
Marks & Spencer Group hired Helen Weir to succeed Alan Stewart as chief financial officer, recruiting from one of its main UK retail competitors.
Global Markets
Department Stores Fight Back from Online Challenge
PARIS, France — Department stores are starting to enjoy a renaissance after finding ways to attract a new generation of consumers in an age of global
Department Stores Fight Back from Online Challenge
PARIS, France — Department stores are starting to enjoy a renaissance after finding ways to attract a new generation of consumers in an age of global
Technology
In-Store Tech, Sales Driver or Hype?
Fashion retailers are increasingly integrating slick interactive technology into their physical flagships. But is all this in-store technology actually making the tills ring or merely providing opportunities for short-term PR?
In-Store Tech, Sales Driver or Hype?
Fashion retailers are increasingly integrating slick interactive technology into their physical flagships. But is all this in-store technology actually making the tills ring or merely providing opportunities for short-term PR?
News & Analysis
Retailers’ Christmas Cheer Tempered by Fragility of Recovery
PARIS, France — Retailers in Europe are predicting their best Christmas since the financial crisis, though optimism is laced with caution in the face
Retailers’ Christmas Cheer Tempered by Fragility of Recovery
PARIS, France — Retailers in Europe are predicting their best Christmas since the financial crisis, though optimism is laced with caution in the face
China
The China Edit | Mall Vacancies, John Lewis Asian Concessions, Moschino, Apple iWatch Trademark Worries
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
The China Edit | Mall Vacancies, John Lewis Asian Concessions, Moschino, Apple iWatch Trademark Worries
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
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.