Gap Sales Miss Expectations After Old Navy, Athleta Fall Short
The brands Gap and Banana Republic beat comparable sales estimates.
bain-and-co
Latest News & Analysis
Beauty
Bain Veteran Backs Cannabis ‘Mini-Amazon’ With CBD Beauty Fund
A former partner at Bain & Co has launched a $50 million fund focused on cosmetics and beauty products derived from hemp, a type of cannabis.
Bain Veteran Backs Cannabis ‘Mini-Amazon’ With CBD Beauty Fund
A former partner at Bain & Co has launched a $50 million fund focused on cosmetics and beauty products derived from hemp, a type of cannabis.
Luxury
Luxury Goods Sales to Grow No More Than 2 Percent This Year
Global sales of personal luxury goods will rise this year but only moderately, with higher spending in Japan and Europe compensating for flat trends in Asia and the United States, an industry report showed on Tuesday.
Luxury Goods Sales to Grow No More Than 2 Percent This Year
Global sales of personal luxury goods will rise this year but only moderately, with higher spending in Japan and Europe compensating for flat trends in Asia and the United States, an industry report showed on Tuesday.
Luxury
LVMH Revenue Growth Matches Estimates as Europe Offsets Asia
PARIS, France — LVMH Moet Hennessy Louis Vuitton SA, the world's largest luxury-goods maker, reported third-quarter revenue that met analysts'
LVMH Revenue Growth Matches Estimates as Europe Offsets Asia
PARIS, France — LVMH Moet Hennessy Louis Vuitton SA, the world's largest luxury-goods maker, reported third-quarter revenue that met analysts'
Luxury
Luxury Growth Weakest Since 2009 Amid Geopolitical Turmoil
PARIS, France — Worldwide luxury-goods sales could increase this year at the slowest pace since 2009 as spending falls for the first time in China
Luxury Growth Weakest Since 2009 Amid Geopolitical Turmoil
PARIS, France — Worldwide luxury-goods sales could increase this year at the slowest pace since 2009 as spending falls for the first time in China
ADVERTISEMENT
News & Analysis
Luxury Goods Market Growth to Slow in 2014
MILAN, Italy — Sales of luxury goods are expected to grow more slowly in 2014 compared with last year as weakness in China, Russia and Europe
Luxury Goods Market Growth to Slow in 2014
MILAN, Italy — Sales of luxury goods are expected to grow more slowly in 2014 compared with last year as weakness in China, Russia and Europe
News & Analysis
Luxury Growth at Risk as Shoppers Become More Diverse, Bain Says
PARIS, France — Luxury-goods makers need to better differentiate their products and the way they sell them or risk being left behind, according to
Luxury Growth at Risk as Shoppers Become More Diverse, Bain Says
PARIS, France — Luxury-goods makers need to better differentiate their products and the way they sell them or risk being left behind, according to
News & Analysis
China Shoppers Ring Luxury Tills from London to New York
SHANGHAI, China — Fang Ying's December wish list of Louis Vuitton handbags and Chanel perfume is not only for Christmas. Fang, 33, a secretary
China Shoppers Ring Luxury Tills from London to New York
SHANGHAI, China — Fang Ying's December wish list of Louis Vuitton handbags and Chanel perfume is not only for Christmas. Fang, 33, a secretary
News & Analysis
Luxury Market Headed for Slowest Year of Growth Since 2009
PARIS, France — Worldwide luxury-goods sales will expand at the slowest pace since 2009 this year as slack Chinese consumption and the weakness of
Luxury Market Headed for Slowest Year of Growth Since 2009
PARIS, France — Worldwide luxury-goods sales will expand at the slowest pace since 2009 this year as slack Chinese consumption and the weakness of
ADVERTISEMENT
News & Analysis
Neiman Marcus’s New Buyers Face Tough Luxury Retail Environment
NEW YORK, United States — Neiman Marcus Inc.'s new private-equity owners are buying a luxury chain that's in danger of running out of room to expand
Neiman Marcus’s New Buyers Face Tough Luxury Retail Environment
NEW YORK, United States — Neiman Marcus Inc.'s new private-equity owners are buying a luxury chain that's in danger of running out of room to expand
Technology
Chinese Shoppers Set to Become World Leaders Online
SHANGHAI, China — China's e-commerce market is expected to leapfrog that of the United States this year to become the world's largest by total
Chinese Shoppers Set to Become World Leaders Online
SHANGHAI, China — China's e-commerce market is expected to leapfrog that of the United States this year to become the world's largest by total
News & Analysis
Michael Kors Shares Pop After Bright First Quarter
NEW YORK, United States — Strong demand for Michael Kors ' luxury goods again propelled profit in its latest quarter, and the clothing, accessories
Michael Kors Shares Pop After Bright First Quarter
NEW YORK, United States — Strong demand for Michael Kors ' luxury goods again propelled profit in its latest quarter, and the clothing, accessories
Global Markets
Long Overlooked, the Flourishing Philippines
The Philippines has long been overshadowed by its larger neighbours and underestimated by international fashion brands. Now the country is reporting faster economic growth than China. BoF reports.
Long Overlooked, the Flourishing Philippines
The Philippines has long been overshadowed by its larger neighbours and underestimated by international fashion brands. Now the country is reporting faster economic growth than China. BoF reports.
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.