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Muji USA Files for Chapter 11 Bankruptcy
Even before the pandemic hit, the Japanese retailer's US unit had been operating at a loss for the past three fiscal years.
Muji USA Files for Chapter 11 Bankruptcy
Even before the pandemic hit, the Japanese retailer's US unit had been operating at a loss for the past three fiscal years.
Luxury Brands Found a Solution for Their Inventory Glut. But Will It Backfire?
Outlets and off-price retailers in China are seeing business boom as luxury brands pump excess inventory into the country at bargain basement prices. But the pandemic clearance strategy is a double-edged sword.
Luxury Brands Found a Solution for Their Inventory Glut. But Will It Backfire?
Outlets and off-price retailers in China are seeing business boom as luxury brands pump excess inventory into the country at bargain basement prices. But the pandemic clearance strategy is a double-edged sword.
Fast Retailing Predicts 50% Annual Profit Decline Due to Covid-19
Despite its recent forecast, the company saw Uniqlo's same-store sales rise 26 percent in June from a year earlier.
Fast Retailing Predicts 50% Annual Profit Decline Due to Covid-19
Despite its recent forecast, the company saw Uniqlo's same-store sales rise 26 percent in June from a year earlier.
How to Reach Customers Who Still Don't Like Shopping for Clothes Online
Millions of consumers — particularly older ones — say they may not shop in stores until there’s a coronavirus vaccine. Many aren't big fans of e-commerce, either. Here’s how to keep them spending.
How to Reach Customers Who Still Don't Like Shopping for Clothes Online
Millions of consumers — particularly older ones — say they may not shop in stores until there’s a coronavirus vaccine. Many aren't big fans of e-commerce, either. Here’s how to keep them spending.
#BoFLIVE: How to Raise Money Right Now
While money for fashion’s start-up scene hasn't dried up entirely, many companies raising money these days have one thing in common: they are seen by investors as recession-proof. How can start-ups attract venture capital firms in today's climate?
#BoFLIVE: How to Raise Money Right Now
While money for fashion’s start-up scene hasn't dried up entirely, many companies raising money these days have one thing in common: they are seen by investors as recession-proof. How can start-ups attract venture capital firms in today's climate?
Levi Strauss Warns of Weak Sales Growth in Second Half of 2020
The denim brand reported a 62 percent drop in net revenue in the second quarter and said it will cut 700 jobs in order to save $100 million annually.
Levi Strauss Warns of Weak Sales Growth in Second Half of 2020
The denim brand reported a 62 percent drop in net revenue in the second quarter and said it will cut 700 jobs in order to save $100 million annually.
Weakened Demand at Stores Signals More Trouble for Garment Suppliers
With retailers looking to sell old inventory and seasonless basics, new orders for factories in garment hubs like Bangladesh are down by as much as 45 percent compared to last year.
Weakened Demand at Stores Signals More Trouble for Garment Suppliers
With retailers looking to sell old inventory and seasonless basics, new orders for factories in garment hubs like Bangladesh are down by as much as 45 percent compared to last year.
Why Dior's CEO Is Pushing Couture in a Pandemic
With a miniature collection, the house of Christian Dior literally scales back its presence at Paris Haute Couture Week. But don’t be fooled: Pietro Beccari speaks exclusively to BoF on how the brand is keeping its foot on the accelerator after a steep jump in sales last year.
Why Dior's CEO Is Pushing Couture in a Pandemic
With a miniature collection, the house of Christian Dior literally scales back its presence at Paris Haute Couture Week. But don’t be fooled: Pietro Beccari speaks exclusively to BoF on how the brand is keeping its foot on the accelerator after a steep jump in sales last year.
Lucky Brand Files for Bankruptcy After the Pandemic Forces Closures
The US clothing retailer, who said it will continue to operate during the Chapter 11 process, plans to sell the company to Aéropostale and Nautica owner.
Lucky Brand Files for Bankruptcy After the Pandemic Forces Closures
The US clothing retailer, who said it will continue to operate during the Chapter 11 process, plans to sell the company to Aéropostale and Nautica owner.
Power Moves | YNAP CEO Joins Giorgio Armani Board, Coty Names New CEO
This week Federico Marchetti was appointed non-executive director to the luxury fashion house’s board, while Coty appoints Sue Y. Nabi as its chief executive.
Power Moves | YNAP CEO Joins Giorgio Armani Board, Coty Names New CEO
This week Federico Marchetti was appointed non-executive director to the luxury fashion house’s board, while Coty appoints Sue Y. Nabi as its chief executive.