Fashion Startup Founder Pleads Guilty in $300 Million Fraud
Christine Hunsicker admitted she falsified financial statements to promote CaaStle Inc. as a valuable, growing business when in reality it was struggling.
Amsterdam, Netherlands
Retail
Nike Temporarily Closes European Headquarters Due to Coronavirus
The sportswear giant’s office in the Netherlands will be shut down following the news that an employee is infected with the virus.
Nike Temporarily Closes European Headquarters Due to Coronavirus
The sportswear giant’s office in the Netherlands will be shut down following the news that an employee is infected with the virus.
Retail
Hudson's Bay to Close Dutch Stores on December 31
According to the Netherlands workers' union, 1,424 employees have been informed of the company's decision, and added that severance packages were 'respectful.'
Hudson's Bay to Close Dutch Stores on December 31
According to the Netherlands workers' union, 1,424 employees have been informed of the company's decision, and added that severance packages were 'respectful.'
News & Analysis
Zalando Will Expand Delivery from Stores to Prevent Missed Sales
The online retailer estimates it misses out on 20 to 30 million transactions per year because items shoppers are searching for are unavailable.
Zalando Will Expand Delivery from Stores to Prevent Missed Sales
The online retailer estimates it misses out on 20 to 30 million transactions per year because items shoppers are searching for are unavailable.
News & Analysis
Jumia's Nigeria Chief Stands by Questioned Sales Figures
A report by Citron Research questioned some of the African e-commerce company's sales figures sending shares down sharply.
Jumia's Nigeria Chief Stands by Questioned Sales Figures
A report by Citron Research questioned some of the African e-commerce company's sales figures sending shares down sharply.
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News & Analysis
Redesigning Fashion Education for the Next Generation at AMFI
Amsterdam Fashion Institute is incorporating sustainability and digital innovation into its interdisciplinary approach, to better reflect the industry's future needs.
Redesigning Fashion Education for the Next Generation at AMFI
Amsterdam Fashion Institute is incorporating sustainability and digital innovation into its interdisciplinary approach, to better reflect the industry's future needs.
News & Analysis
Cult Accessories Label Wandler Launches Footwear
The handbag brand, known for its clean and geometrical designs, is moving into a new category, launching its first shoe collection in April.
Cult Accessories Label Wandler Launches Footwear
The handbag brand, known for its clean and geometrical designs, is moving into a new category, launching its first shoe collection in April.
News & Analysis
Ace & Tate Plots European Expansion
With estimated 2018 revenues of $40 million, the Dutch direct-to-consumer eyewear brand is looking towards the UK and Germany to further its growth.
Ace & Tate Plots European Expansion
With estimated 2018 revenues of $40 million, the Dutch direct-to-consumer eyewear brand is looking towards the UK and Germany to further its growth.
Luxury
Greenpeace Report Spotlights Fashion’s Progress on ‘Detoxing’
According to the report, Inditex, H&M, Fast Retailing and Benetton are among the big fashion companies leading the way in hazardous chemical management.
Greenpeace Report Spotlights Fashion’s Progress on ‘Detoxing’
According to the report, Inditex, H&M, Fast Retailing and Benetton are among the big fashion companies leading the way in hazardous chemical management.
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Luxury
Cult Sneaker Label Filling Pieces Launches Ready-to-Wear
The Amsterdam-based footwear brand, known for its minimal sneakers, wants apparel to account for 40 percent of its total revenue by 2025.
Cult Sneaker Label Filling Pieces Launches Ready-to-Wear
The Amsterdam-based footwear brand, known for its minimal sneakers, wants apparel to account for 40 percent of its total revenue by 2025.
Sustainability
H&M, Levi & Strauss, Nike Top Sustainable Cotton Report
Several fast-fashion and mass retailers lead the rankings, while Kering is the only luxury entry.
H&M, Levi & Strauss, Nike Top Sustainable Cotton Report
Several fast-fashion and mass retailers lead the rankings, while Kering is the only luxury entry.
Workplace & Talent
Tommy Hilfiger: A Culture of Innovation
Tommy Hilfiger has reaffirmed itself as a market leader by focusing first and foremost on how its employees can innovate in their work. BoF sits down with the brand’s eponymous founder and its CEO, Daniel Grieder, to hear why recurring reinvention is the future.
Tommy Hilfiger: A Culture of Innovation
Tommy Hilfiger has reaffirmed itself as a market leader by focusing first and foremost on how its employees can innovate in their work. BoF sits down with the brand’s eponymous founder and its CEO, Daniel Grieder, to hear why recurring reinvention is the future.
Technology
Iris van Herpen’s Science Fashion
Iris van Herpen on the weird wonderland of creative possibilities in new technologies from nanorobotics to synthetic biology.
Iris van Herpen’s Science Fashion
Iris van Herpen on the weird wonderland of creative possibilities in new technologies from nanorobotics to synthetic biology.
The News in Brief
Victoria’s Secret Forecasts Its Best Year Since L Brands Split
The underwear company is anticipating net sales of at least $6.85 billion in the current fiscal year, exceeding analyst estimates and marking the highest revenue since its split from L Brands Inc in 2021.
Uniqlo Aims to Grow Tenfold in India With Summer-Centric Clothes
The Japanese brand is accelerating its expansion in India to capture a greater share of the rapidly growing apparel market and affluent consumer base.
Oasis Pressures Kao in Latest Japan Activist Investor Push
Activist fund Oasis Management Co. is calling on the Japanese personal care company to convene an extraordinary general meeting, seeking a probe into its supply-chain risk management and internal control.
American Eagle Forecasts Sales Growth Above Estimates on Demand From Wealthy Shoppers
The retailer surpassed annual sales forecasts but expects a $60 million drag from import tariffs in the first half of 2026.
Missoni Family Exits Namesake Brand
The transaction gives FSI, a Milan-based private equity fund, a controlling share in the Italian luxury house, as more founder-owned brands turn to investors to fund growth and weather a tough global market.
Ross Stores Forecasts Annual Sales Above Estimates on Resilient Demand for Discounted Apparel
Spend growth at off-price chains is among the strongest in retail, with gains across all income segments.
Abercrombie & Fitch Forecasts Muted Annual Sales Amid Tariff Uncertainty
The retailer said it was accounting for the 15 percent tariff announced by US president Donald Trump after the Supreme Court struck down most of his earlier tariffs.