Gap Sales Miss Expectations After Old Navy, Athleta Fall Short
The brands Gap and Banana Republic beat comparable sales estimates.
mytheresa-com
Workplace & Talent
Power Moves | Ariel Foxman, Rebekka Bay Exits Gap, Michael Kliger to MyTheresa, James Scully, Mango
BoF compiles the most important professional moves of the week.
Power Moves | Ariel Foxman, Rebekka Bay Exits Gap, Michael Kliger to MyTheresa, James Scully, Mango
BoF compiles the most important professional moves of the week.
Technology
From Local Boutiques to Global E-tailers
E-commerce enables local fashion boutiques to tap global markets. Or so the theory goes. What does it take to put it into practice?
From Local Boutiques to Global E-tailers
E-commerce enables local fashion boutiques to tap global markets. Or so the theory goes. What does it take to put it into practice?
Workplace & Talent
Justin O’Shea, Buying Director
BoF sits down with Justin O’Shea, buying director of MyTheresa.com, to understand how his hands-on attitude helped to turn a Munich-based store into a successful global luxury retailer that generates $130 million in annual revenue. The Creative Class is supported by CLIO Image, an awards show honouring creative excellence in fashion, beauty and retail.
Justin O’Shea, Buying Director
BoF sits down with Justin O’Shea, buying director of MyTheresa.com, to understand how his hands-on attitude helped to turn a Munich-based store into a successful global luxury retailer that generates $130 million in annual revenue. The Creative Class is supported by CLIO Image, an awards show honouring creative excellence in fashion, beauty and retail.
Technology
Bits & Bytes | Neiman Marcus Acquires MyTheresa, Rocket Internet, ASOS
Bits & Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Bits & Bytes | Neiman Marcus Acquires MyTheresa, Rocket Internet, ASOS
Bits & Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
News & Analysis
Power Moves | Paula Reed Joins Mytheresa.com as Creative Director, “Agitator”
Today, BoF can exclusively reveal that Paula Reed, former founding style director of Grazia UK and style director of Harvey Nichols, has joined luxury e-tailer Mytheresa.com as creative director.
Power Moves | Paula Reed Joins Mytheresa.com as Creative Director, “Agitator”
Today, BoF can exclusively reveal that Paula Reed, former founding style director of Grazia UK and style director of Harvey Nichols, has joined luxury e-tailer Mytheresa.com as creative director.
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.