Gap Sales Miss Expectations After Old Navy, Athleta Fall Short
The brands Gap and Banana Republic beat comparable sales estimates.
accessible-luxury
Latest News & Analysis
Luxury
Can America’s Fashion Giants Get Their Mojo Back?
Accessible luxury brands like Coach and Michael Kors radically changed their approach to everything from logos to discounting to regain their old cachet with consumers. It’s working, but for how long?
Can America’s Fashion Giants Get Their Mojo Back?
Accessible luxury brands like Coach and Michael Kors radically changed their approach to everything from logos to discounting to regain their old cachet with consumers. It’s working, but for how long?
Luxury
Michael Kors’ New CEO Joshua Schulman Joins the Brand at a Critical Time
The former Coach chief is tasked with speeding the transformation of Capri Holdings’ largest brand into a true luxury player before taking the helm of the entire group next year.
Michael Kors’ New CEO Joshua Schulman Joins the Brand at a Critical Time
The former Coach chief is tasked with speeding the transformation of Capri Holdings’ largest brand into a true luxury player before taking the helm of the entire group next year.
Luxury
Accessible Luxury’s Big Opportunity
This week, everyone will be talking about Michael Kors’ 40th anniversary show, Gucci’s first-quarter sales and Fashion Revolution Week.
Accessible Luxury’s Big Opportunity
This week, everyone will be talking about Michael Kors’ 40th anniversary show, Gucci’s first-quarter sales and Fashion Revolution Week.
Luxury
EssilorLuxottica Sales Recover As Second Virus Wave Looms
The maker of Oakley and Ray-Ban showed signs of recovery. But a second coronavirus wave threatens another heavy blow to results.
EssilorLuxottica Sales Recover As Second Virus Wave Looms
The maker of Oakley and Ray-Ban showed signs of recovery. But a second coronavirus wave threatens another heavy blow to results.
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Luxury
How Young Designers in Paris Are Beating the Pandemic So Far
Fragile but focused, creative labels like Marine Serre, Y/Project and Ludovic de Saint Sernin are navigating rocky waters by engaging their communities and rethinking their role in fashion's ‘system’. Is it enough to make it through a make-or-break season?
How Young Designers in Paris Are Beating the Pandemic So Far
Fragile but focused, creative labels like Marine Serre, Y/Project and Ludovic de Saint Sernin are navigating rocky waters by engaging their communities and rethinking their role in fashion's ‘system’. Is it enough to make it through a make-or-break season?
Retail
Tapestry CEO Jide Zeitlin Resigns Amid ProPublica Investigation
The executive, who has served on the company's board for 14 years and was named its chief executive in 2019, is leaving as misconduct allegations surface.
Tapestry CEO Jide Zeitlin Resigns Amid ProPublica Investigation
The executive, who has served on the company's board for 14 years and was named its chief executive in 2019, is leaving as misconduct allegations surface.
Luxury
Loewe's Brand Within a Brand: Is This the New Way to Do Diffusion?
LVMH-backed Loewe has acquired the colourful island label Paula’s with an eye to growing its vacation-wear business. It’s a more budget-friendly way to buy into designer Jonathan Anderson’s globetrotting bohemian vision.
Loewe's Brand Within a Brand: Is This the New Way to Do Diffusion?
LVMH-backed Loewe has acquired the colourful island label Paula’s with an eye to growing its vacation-wear business. It’s a more budget-friendly way to buy into designer Jonathan Anderson’s globetrotting bohemian vision.
Luxury
How to Turn Party Dresses Into a Global Business
Five years after launching Self-Portrait, founder and designer Han Chong has steered the brand to £130 million in sales of his simple lace dresses. Can the success continue with expansion into Asia?
How to Turn Party Dresses Into a Global Business
Five years after launching Self-Portrait, founder and designer Han Chong has steered the brand to £130 million in sales of his simple lace dresses. Can the success continue with expansion into Asia?
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Technology
The Adaptive Fashion Opportunity
Adaptive clothing is a $350 billion opportunity the fashion industry has largely ignored — until now.
The Adaptive Fashion Opportunity
Adaptive clothing is a $350 billion opportunity the fashion industry has largely ignored — until now.
Luxury
The Plan to Turn Versace and Michael Kors Into 'America's LVMH' Begins Now
This week, everyone will be talking about Capri Holdings' plans for Michael Kors and Versace, Serena Williams and Roger Federer at the French Open and the start of swimwear season. Read our BoF Professional Cheat Sheet.
The Plan to Turn Versace and Michael Kors Into 'America's LVMH' Begins Now
This week, everyone will be talking about Capri Holdings' plans for Michael Kors and Versace, Serena Williams and Roger Federer at the French Open and the start of swimwear season. Read our BoF Professional Cheat Sheet.
Luxury
Move Over Fashion Nova: How a Niche Designer Brand Won Coachella
Tiny New York label Area was everywhere on social media at this year’s Coachella, alongside much bigger brands like Revolve. Here’s how they did it - without paying a cent.
Move Over Fashion Nova: How a Niche Designer Brand Won Coachella
Tiny New York label Area was everywhere on social media at this year’s Coachella, alongside much bigger brands like Revolve. Here’s how they did it - without paying a cent.
Luxury
Elizabeth and James Leaves Contemporary Market Behind for Kohl's
Once a $50 million business, Mary-Kate and Ashley Olsen’s contemporary line closed its doors last year after an attempt to hew closer to The Row’s style fell flat. The brand will live on via a licensing deal with Kohl’s.
Elizabeth and James Leaves Contemporary Market Behind for Kohl's
Once a $50 million business, Mary-Kate and Ashley Olsen’s contemporary line closed its doors last year after an attempt to hew closer to The Row’s style fell flat. The brand will live on via a licensing deal with Kohl’s.
The News in Brief
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.
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.