Gap Sales Miss Expectations After Old Navy, Athleta Fall Short
The brands Gap and Banana Republic beat comparable sales estimates.
global-currents
Global Markets
Fashion Workers Left Destitute in India
By cancelling orders with Indian suppliers during the country’s chaotic lockdown, global brands are making impoverished workers even more vulnerable in a market where 60 million people depend on the fashion industry for their livelihood.
Fashion Workers Left Destitute in India
By cancelling orders with Indian suppliers during the country’s chaotic lockdown, global brands are making impoverished workers even more vulnerable in a market where 60 million people depend on the fashion industry for their livelihood.
Global Markets
How to Make Digital Fashion Weeks Work
When fashion weeks in Asia were called off, designers and organisers had to think on their feet and turned to livestreams to engage with their communities digitally. Here’s what worked and what didn’t.
How to Make Digital Fashion Weeks Work
When fashion weeks in Asia were called off, designers and organisers had to think on their feet and turned to livestreams to engage with their communities digitally. Here’s what worked and what didn’t.
China
'Revenge Buying' in China Won’t Save Luxury
While other countries have experienced panic buying of essentials during lockdown, China has been debating whether a decadent shopping spree known as 'revenge buying' will be unleashed after the pandemic.
'Revenge Buying' in China Won’t Save Luxury
While other countries have experienced panic buying of essentials during lockdown, China has been debating whether a decadent shopping spree known as 'revenge buying' will be unleashed after the pandemic.
Global Markets
The BoF Podcast: Luca Solca on ‘The Worst Year in the History of Modern Luxury’
BoF’s Imran Amed and the Bernstein analyst discuss what the sector should expect as coronavirus threatens sales and supply chains.
The BoF Podcast: Luca Solca on ‘The Worst Year in the History of Modern Luxury’
BoF’s Imran Amed and the Bernstein analyst discuss what the sector should expect as coronavirus threatens sales and supply chains.
Global Markets
Taiwan Is at a Crossroads. Here's Why Brands Should Care.
Tensions with Beijing have come into sharp focus ahead of Taiwan’s presidential election which takes place tomorrow. And there is a lot more at stake than first meets the eye.
Taiwan Is at a Crossroads. Here's Why Brands Should Care.
Tensions with Beijing have come into sharp focus ahead of Taiwan’s presidential election which takes place tomorrow. And there is a lot more at stake than first meets the eye.
Global Markets
‘Secret’ Indian Ateliers Keep Luxury Brands Buoyant
Hermès, Gucci, Prada and Christian Dior have all tapped ateliers in India to do exquisite handwork for the catwalk, but other luxury brands shroud their Indian connections in secrecy. Why?
‘Secret’ Indian Ateliers Keep Luxury Brands Buoyant
Hermès, Gucci, Prada and Christian Dior have all tapped ateliers in India to do exquisite handwork for the catwalk, but other luxury brands shroud their Indian connections in secrecy. Why?
Global Markets
Online Battle Heats Up in Latin America
Despite social unrest and a sluggish economy, Latin America’s fashion e-commerce sector is forecast to grow by more than 20 percent each year from 2019 to 2021. Here’s how to get in on the action.
Online Battle Heats Up in Latin America
Despite social unrest and a sluggish economy, Latin America’s fashion e-commerce sector is forecast to grow by more than 20 percent each year from 2019 to 2021. Here’s how to get in on the action.
Global Markets
Vietnam: Luxury’s Next Goldmine?
On the back of a deal with the EU, luxury goods will become more affordable in Vietnam. Are brands investing heavily enough in what is one of the fastest-growing economies in the world?
Vietnam: Luxury’s Next Goldmine?
On the back of a deal with the EU, luxury goods will become more affordable in Vietnam. Are brands investing heavily enough in what is one of the fastest-growing economies in the world?
China
Inside China's New Capitals of Content
'Influencer cities' from Chongqing to Wuhan are favourites for content creators and their followers, but there’s more at play beyond the geotags.
Inside China's New Capitals of Content
'Influencer cities' from Chongqing to Wuhan are favourites for content creators and their followers, but there’s more at play beyond the geotags.
China
How Hong Kong's Protest Uniform Changed a Market
In the wake of the city’s ongoing pro-democracy protests, an all-black look has become a polarising statement with wider repercussions in politics and retail.
How Hong Kong's Protest Uniform Changed a Market
In the wake of the city’s ongoing pro-democracy protests, an all-black look has become a polarising statement with wider repercussions in politics and retail.
Global Markets
The Future of Tokyo Fashion Week
After a transitional season with a new title sponsor, Japan’s biggest fashion event is gearing up for a revamp. Will it be enough?
The Future of Tokyo Fashion Week
After a transitional season with a new title sponsor, Japan’s biggest fashion event is gearing up for a revamp. Will it be enough?
China
Is Suburbia China’s Next Retail Gold Mine?
Beyond Shanghai’s downtown shopping meccas, suburban malls and mixed-use developments on the outskirts of the city present an exciting opportunity for brands like Calvin Klein, Nike and Sephora who have begun to put down roots here.
Is Suburbia China’s Next Retail Gold Mine?
Beyond Shanghai’s downtown shopping meccas, suburban malls and mixed-use developments on the outskirts of the city present an exciting opportunity for brands like Calvin Klein, Nike and Sephora who have begun to put down roots here.
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.