Saks Global to Shut 15 More Stores as Part of Restructuring
The luxury retailer, which filed for bankruptcy earlier this year, will close more stores as it tries to cut losses and focus on more profitable, higher-end locations.
Retail
Analysis and advice from the front lines of the retail transformation.
H&M Names New CEO in Surprise Move
The company surprised investors with the announcement that H&M brand head Daniel Ervér will takeover from outgoing chief Helena Helmersson.
H&M Names New CEO in Surprise Move
The company surprised investors with the announcement that H&M brand head Daniel Ervér will takeover from outgoing chief Helena Helmersson.
Can Amer Sports Run Where Birkenstock Stumbled?
The owner of Arc’teryx, Salomon and Wilson is headed for an initial public offering this week. It’s hoping its public debut will go better than the last big fashion listing.
Can Amer Sports Run Where Birkenstock Stumbled?
The owner of Arc’teryx, Salomon and Wilson is headed for an initial public offering this week. It’s hoping its public debut will go better than the last big fashion listing.
Farfetch Investors Form Group to Oppose Coupang Acquisition
A newly formed group of institutional investors with a massive stake in Farfetch is requesting immediate pay back on the company’s debts amid fear that a deal with Coupang will further erode the e-tailer’s value.
Farfetch Investors Form Group to Oppose Coupang Acquisition
A newly formed group of institutional investors with a massive stake in Farfetch is requesting immediate pay back on the company’s debts amid fear that a deal with Coupang will further erode the e-tailer’s value.
Why Is Vestiaire Collective Crowdfunding?
The move is more about marketing than finances. But it provides a good excuse to check in how the luxury resale player is adapting in a brutal marketplace for fashion start-ups and resale platforms alike.
Why Is Vestiaire Collective Crowdfunding?
The move is more about marketing than finances. But it provides a good excuse to check in how the luxury resale player is adapting in a brutal marketplace for fashion start-ups and resale platforms alike.
How Brands Are Preparing for Life After Inflation
Lower consumer prices and pending interest rate cuts won’t completely solve fashion’s economic woes, but a rosier outlook this year gives brands a chance to drive profitable growth as consumer spending rebounds.
How Brands Are Preparing for Life After Inflation
Lower consumer prices and pending interest rate cuts won’t completely solve fashion’s economic woes, but a rosier outlook this year gives brands a chance to drive profitable growth as consumer spending rebounds.
Ex-Abercrombie & Fitch CEO Reportedly Under FBI Inquiry for Alleged Sex Crimes
Mike Jeffries and his partner Matthew Smith are being investigated by federal agencies following allegations that they sexually exploited and abused young men at parties they hosted in the US and worldwide.
Ex-Abercrombie & Fitch CEO Reportedly Under FBI Inquiry for Alleged Sex Crimes
Mike Jeffries and his partner Matthew Smith are being investigated by federal agencies following allegations that they sexually exploited and abused young men at parties they hosted in the US and worldwide.
Op-Ed | Retailers Can Manage Red Sea Shipping Delays — for Now
The majority of mass-market fashion is sourced from China, the Indian subcontinent and Southeast Asia and shipped abroad. (Zara-owner Inditex SA manufactures about 60 percent of its products close to its headquarters in Arteixo, in northern Spain, and flies in garments made elsewhere.)
Op-Ed | Retailers Can Manage Red Sea Shipping Delays — for Now
The majority of mass-market fashion is sourced from China, the Indian subcontinent and Southeast Asia and shipped abroad. (Zara-owner Inditex SA manufactures about 60 percent of its products close to its headquarters in Arteixo, in northern Spain, and flies in garments made elsewhere.)
Why Abercrombie & Fitch and American Eagle Are Racing Ahead of the Competition
The chains are exceeding sales expectations in a choppy market by giving young shoppers the products they want, in just the right amount.
Why Abercrombie & Fitch and American Eagle Are Racing Ahead of the Competition
The chains are exceeding sales expectations in a choppy market by giving young shoppers the products they want, in just the right amount.
The Fashion Trends to Watch in 2024, by the Numbers
From Barbiecore to quiet luxury, fashion’s lightning fast trend cycle took brands and retailers for a ride in 2023. Here’s what we will take with us in 2024 — and what’s still to come.
The Fashion Trends to Watch in 2024, by the Numbers
From Barbiecore to quiet luxury, fashion’s lightning fast trend cycle took brands and retailers for a ride in 2023. Here’s what we will take with us in 2024 — and what’s still to come.
PVH Corp: The Power of Trust in Transforming Supply Chains
From zeroing in on traceability to sharpening inventory management, PVH’s chief supply chain officer, David Savman, unpacks in this interview for The State of Fashion 2024 what it takes for retailers, brands and their suppliers to thrive together.
PVH Corp: The Power of Trust in Transforming Supply Chains
From zeroing in on traceability to sharpening inventory management, PVH’s chief supply chain officer, David Savman, unpacks in this interview for The State of Fashion 2024 what it takes for retailers, brands and their suppliers to thrive together.
How to Reach Shoppers When They’re Not in the Mood to Shop
As savings dwindle and credit card debt soars, the American consumer’s famed resilience is starting to show some cracks. Brands and retailers would be wise to take a more sensitive approach to courting them.
How to Reach Shoppers When They’re Not in the Mood to Shop
As savings dwindle and credit card debt soars, the American consumer’s famed resilience is starting to show some cracks. Brands and retailers would be wise to take a more sensitive approach to courting them.
Nike to Axe Hundreds of Jobs in Bid to Save $2 Billion Amid Sales Slump
The announcement comes after the sportswear giant said sales only rose 1 percent in the three months to Nov. 30.
Nike to Axe Hundreds of Jobs in Bid to Save $2 Billion Amid Sales Slump
The announcement comes after the sportswear giant said sales only rose 1 percent in the three months to Nov. 30.
THE NEWS IN BRIEF
Gap Sales Miss Expectations After Old Navy, Athleta Fall Short
The brands Gap and Banana Republic beat comparable sales estimates.
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.
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.
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.
Abercrombie & Fitch Forecasts Muted Annual Sales Amid Tariff Uncertainty
The retailer said it was accounting for the 15 percent tariff announced by US president Donald Trump after the Supreme Court struck down most of his earlier tariffs.
EBay Is Laying Off About 800 Workers
The cuts affect roughly 6 percent of the company’s global workforce and comes a week after it said it would acquire Depop.