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Sustainability

What’s Stopping the Fashion Industry From Agreeing on Climate Action?

LVMH won't be participating in a new climate initiative spearheaded by rival Kering — the latest example of the challenge the industry faces in setting common goals to tackle major systemic issues.

Sustainability

What’s Stopping the Fashion Industry From Agreeing on Climate Action?

LVMH won't be participating in a new climate initiative spearheaded by rival Kering — the latest example of the challenge the industry faces in setting common goals to tackle major systemic issues.


Financial Markets

Why Nordstrom Stopped Reporting Same-Store Sales

The department store chain abandoned the metric, considered a gold standard for gauging a retailer’s health, after a brutal quarter. But Nordstrom may also be looking ahead to a more-digital future.

Financial Markets

Why Nordstrom Stopped Reporting Same-Store Sales

The department store chain abandoned the metric, considered a gold standard for gauging a retailer’s health, after a brutal quarter. But Nordstrom may also be looking ahead to a more-digital future.


Retail

Nordstrom Quarterly Revenue Drops

The department store's total revenue fell 3.3 percent to $3.44 billion, falling short of analysts' estimates of $3.58 billion. Shares subsequently dropped more than 9 percent.

Retail

Nordstrom Quarterly Revenue Drops

The department store's total revenue fell 3.3 percent to $3.44 billion, falling short of analysts' estimates of $3.58 billion. Shares subsequently dropped more than 9 percent.


Retail

J.C. Penney Posts Worse-Than-Expected Drop in Sales

As one of the oldest names in American retail, J.C. Penney has in recent years struggled to compete with fast-fashion brands and online shopping.

Retail

J.C. Penney Posts Worse-Than-Expected Drop in Sales

As one of the oldest names in American retail, J.C. Penney has in recent years struggled to compete with fast-fashion brands and online shopping.


China

Tencent's $65B Wipeout Bodes Ill for Hong Kong Stocks

The Chinese tech heavyweight has plunged 14 percent since last month’s high.

China

Tencent's $65B Wipeout Bodes Ill for Hong Kong Stocks

The Chinese tech heavyweight has plunged 14 percent since last month’s high.


News & Analysis

The BoF Podcast: Understanding India’s Ascent

India’s young population, thriving tech sector and spiritual roots add up to a promising future, said the Sun Group vice chairman, speaking at BoF’s VOICES.

News & Analysis

The BoF Podcast: Understanding India’s Ascent

India’s young population, thriving tech sector and spiritual roots add up to a promising future, said the Sun Group vice chairman, speaking at BoF’s VOICES.


News & Analysis

Amazon Bets on Kohl’s as Its Own Brick-and-Mortar Efforts Falter

The unlikely partnership helps Amazon simplify customer returns. Kohl’s gets more foot traffic and, hopefully, new customers.

News & Analysis

Amazon Bets on Kohl’s as Its Own Brick-and-Mortar Efforts Falter

The unlikely partnership helps Amazon simplify customer returns. Kohl’s gets more foot traffic and, hopefully, new customers.


Technology

LVMH Touts Blockchain, Artificial Intelligence at VivaTechnology

Now a major player at the annual French conference, the luxury conglomerate wants to be seen as a technology leader.

Technology

LVMH Touts Blockchain, Artificial Intelligence at VivaTechnology

Now a major player at the annual French conference, the luxury conglomerate wants to be seen as a technology leader.


News & Analysis

5 Takeaways From Fashion’s Sustainability Summit

The industry’s annual gathering in Copenhagen had an ominous conclusion: time is running out, and there’s a lot still to be done.

News & Analysis

5 Takeaways From Fashion’s Sustainability Summit

The industry’s annual gathering in Copenhagen had an ominous conclusion: time is running out, and there’s a lot still to be done.


News & Analysis

The Billionaire Behind Victoria’s Secret Built His Version of the American Heartland

Inside the global retail empire owner's $45.6 million Ohio residence, nestled among Facebook, Amazon and Alphabet data centres.    

News & Analysis

The Billionaire Behind Victoria’s Secret Built His Version of the American Heartland

Inside the global retail empire owner's $45.6 million Ohio residence, nestled among Facebook, Amazon and Alphabet data centres.