Gap Sales Miss Expectations After Old Navy, Athleta Fall Short
The brands Gap and Banana Republic beat comparable sales estimates.
eyewear
News & Analysis
Drive Episode 5: Warby Parker Founders on Forging Their Own Path
In episode five of BoF’s podcast series Drive, delivered by DHL, the co-founders of Warby Parker discuss how being industry outsiders helped them in their entrepreneurial journey, and why the opportunity keeps growing as the company does.
Drive Episode 5: Warby Parker Founders on Forging Their Own Path
In episode five of BoF’s podcast series Drive, delivered by DHL, the co-founders of Warby Parker discuss how being industry outsiders helped them in their entrepreneurial journey, and why the opportunity keeps growing as the company does.
Luxury
Chanel’s Digital Strategy Takes Shape Amid Executive Shuffle
In June, Chanel reported financial results for the first time in its history. Now, the $10 billion fashion house is evolving its digital strategy and shuffling some of its executives. What does this spell for the future of the brand?
Chanel’s Digital Strategy Takes Shape Amid Executive Shuffle
In June, Chanel reported financial results for the first time in its history. Now, the $10 billion fashion house is evolving its digital strategy and shuffling some of its executives. What does this spell for the future of the brand?
News & Analysis
Eyewear Brand Jimmy Fairly Plots UK Expansion
The French direct-to-consumer eyewear label is entering the UK with a new London store, e-commerce and plans for 14 more outposts in 2018.
Eyewear Brand Jimmy Fairly Plots UK Expansion
The French direct-to-consumer eyewear label is entering the UK with a new London store, e-commerce and plans for 14 more outposts in 2018.
News & Analysis
LVMH's Eyewear Venture Looks to Triple Production
A joint venture between LVMH and Marcolin could triple its production of glasses over time as its portfolio of brands expands.
LVMH's Eyewear Venture Looks to Triple Production
A joint venture between LVMH and Marcolin could triple its production of glasses over time as its portfolio of brands expands.
News & Analysis
Luxottica Sees Steady Growth Ahead
The eyewear maker said it expected to close its proposed merger with Essilor by mid-2018, while forecasting steady growth in its own sales and profits for the year.
Luxottica Sees Steady Growth Ahead
The eyewear maker said it expected to close its proposed merger with Essilor by mid-2018, while forecasting steady growth in its own sales and profits for the year.
News & Analysis
Safilo Struggled in 2017 After Losing Gucci License
The world's second-largest eyewear group's adjusted core profit is set to halve from a year earlier.
Safilo Struggled in 2017 After Losing Gucci License
The world's second-largest eyewear group's adjusted core profit is set to halve from a year earlier.
News & Analysis
EU Regulators to Clear Luxottica, Essilor Deal Without Conditions
The European Commission, which had some initial concerns about the48-billion-euro deal, did not confirm reports that the merger will be approved.
EU Regulators to Clear Luxottica, Essilor Deal Without Conditions
The European Commission, which had some initial concerns about the48-billion-euro deal, did not confirm reports that the merger will be approved.
News & Analysis
Optimising for Impact: Entrepreneurship in the Digital Age
Married entrepreneurs Neil Blumenthal of Warby Parker and Rachel Blumenthal of Rockets of Awesome talk leveraging data and building consumer relationships on stage at #BoFVOICES. Watch now.
Optimising for Impact: Entrepreneurship in the Digital Age
Married entrepreneurs Neil Blumenthal of Warby Parker and Rachel Blumenthal of Rockets of Awesome talk leveraging data and building consumer relationships on stage at #BoFVOICES. Watch now.
Retail
How a Designer Collaboration Transformed the Business of Le Specs
The once-sleepy Australian eyewear label is on track to become a $100 million brand, thanks, at least in part, to the blockbuster — and somewhat unexpected — success of its partnership with womenswear designer Adam Selman.
How a Designer Collaboration Transformed the Business of Le Specs
The once-sleepy Australian eyewear label is on track to become a $100 million brand, thanks, at least in part, to the blockbuster — and somewhat unexpected — success of its partnership with womenswear designer Adam Selman.
News & Analysis
Eyewear Mega-Merger Could Hurt US Consumers, but Still Be Approved
The merger between prescription lens maker Essilor and frame maker Luxottica could lead to higher prices, but US antitrust enforcers rarely seek to stop vertical deals.
Eyewear Mega-Merger Could Hurt US Consumers, but Still Be Approved
The merger between prescription lens maker Essilor and frame maker Luxottica could lead to higher prices, but US antitrust enforcers rarely seek to stop vertical deals.
News & Analysis
Kering Sued Over 'Made in Italy' Eyewear Claims
"According to a new lawsuit, eyewear for Gucci, YSL and Brioni is actually made (mostly) in China."
Kering Sued Over 'Made in Italy' Eyewear Claims
"According to a new lawsuit, eyewear for Gucci, YSL and Brioni is actually made (mostly) in China."
News & Analysis
Safilo Sales Hit by Delivery Disruption
The Italian eyewear manufacturer, which makes glasses for Boss, Fendi and other fashion brands, reported a steep drop in first quarter sales after a new IT system at its Padua distribution centre disrupted deliveries.
Safilo Sales Hit by Delivery Disruption
The Italian eyewear manufacturer, which makes glasses for Boss, Fendi and other fashion brands, reported a steep drop in first quarter sales after a new IT system at its Padua distribution centre disrupted deliveries.
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.