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.

The outcry over Zara’s ill-conceived, poorly-timed campaign this week highlights the blind spots that fashion brands routinely make apparent in their advertising.

The outcry over Zara’s ill-conceived, poorly-timed campaign this week highlights the blind spots that fashion brands routinely make apparent in their advertising.

The lines between functionality and style will continue to blur as consumers continue to embrace ”gorpcore” and competition increases among technical outdoor wear players, according to The State of Fashion 2024.

The lines between functionality and style will continue to blur as consumers continue to embrace ”gorpcore” and competition increases among technical outdoor wear players, according to The State of Fashion 2024.

As top brands seek greater control over distribution in part to avoid discounting, the e-commerce platform has been offering up to 45 percent off smaller labels such as Balenciaga, Diesel, Balmain and Lanvin.

As top brands seek greater control over distribution in part to avoid discounting, the e-commerce platform has been offering up to 45 percent off smaller labels such as Balenciaga, Diesel, Balmain and Lanvin.

The expanding popularity of K-culture is helping South Korean brands and retailers like Musinsa gain global recognition, explains CEO in an interview for The State of Fashion 2024.

The expanding popularity of K-culture is helping South Korean brands and retailers like Musinsa gain global recognition, explains CEO in an interview for The State of Fashion 2024.

The State of Fashion 2024 explains why consumer volatility could trigger what’s known in supply chains circles as the “bullwhip effect,” in which small changes in demand can cause increasing large fluctuations upstream and downstream.

The State of Fashion 2024 explains why consumer volatility could trigger what’s known in supply chains circles as the “bullwhip effect,” in which small changes in demand can cause increasing large fluctuations upstream and downstream.

Wall Street says the $5.8 billion bid for the American department store chain comes below even the most conservative estimates for the value of Macy’s real estate properties alone.

Wall Street says the $5.8 billion bid for the American department store chain comes below even the most conservative estimates for the value of Macy’s real estate properties alone.

Zara-owner Inditex’s earnings this week come as some analysts say the category’s best days are behind it.

Zara-owner Inditex’s earnings this week come as some analysts say the category’s best days are behind it.

This week BoF reported that Farfetch is seeking a ‘white knight’ to avoid collapse. A deal with Amazon could be the answer, writes Imran Amed.

This week BoF reported that Farfetch is seeking a ‘white knight’ to avoid collapse. A deal with Amazon could be the answer, writes Imran Amed.

As sportswear rivals jockey for position ahead of next year’s Paris Olympics, Adidas is aiming to stamp its brand on smaller events such as breaking, climbing, skateboarding and BMX.

As sportswear rivals jockey for position ahead of next year’s Paris Olympics, Adidas is aiming to stamp its brand on smaller events such as breaking, climbing, skateboarding and BMX.

The elaborate collection features more than 300 items — whether it delivers will hinge on Ora’s star power and how much consumers’ buy into the authenticity.

The elaborate collection features more than 300 items — whether it delivers will hinge on Ora’s star power and how much consumers’ buy into the authenticity.

Artists, record labels and music festival organisers are collaborating with coveted labels to design better-quality, fashion-forward merch, sold at higher price points than before.

Artists, record labels and music festival organisers are collaborating with coveted labels to design better-quality, fashion-forward merch, sold at higher price points than before.

Rent the Runway and Stitch Fix will give updates on their turnaround efforts. That, plus what else is in store for the coming week.

Rent the Runway and Stitch Fix will give updates on their turnaround efforts. That, plus what else is in store for the coming week.
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.
The brands Gap and Banana Republic beat comparable sales estimates.
Christine Hunsicker admitted she falsified financial statements to promote CaaStle Inc. as a valuable, growing business when in reality it was struggling.
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.
The retailer surpassed annual sales forecasts but expects a $60 million drag from import tariffs in the first half of 2026.
Spend growth at off-price chains is among the strongest in retail, with gains across all income segments.
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.
The cuts affect roughly 6 percent of the company’s global workforce and comes a week after it said it would acquire Depop.