Latest News & Analysis
Shein’s Pop-Up Store Ruffles South African Retail Sector
The retailers’ debut pop-up store in South Africa has triggered controversy and tax changes aimed at protecting local retailers by increasing levies on low-value imports.
Asos Cedes Topshop to Denmark’s Bestseller for $178 Million
Asos is forming a joint venture with the family’s Heartland A/S, which will pay £135 million ($178 million) for a 75 percent stake in the two brands the UK company acquired in 2021 from Philip Green’s insolvent retail business as part of a £295 million deal.
Asos Cedes Topshop to Denmark’s Bestseller for $178 Million
Asos is forming a joint venture with the family’s Heartland A/S, which will pay £135 million ($178 million) for a 75 percent stake in the two brands the UK company acquired in 2021 from Philip Green’s insolvent retail business as part of a £295 million deal.
The Independents Acquires Kitten Production
It’s the PR giant’s fifth acquisition this year as it aims to double in size by 2025.
Beauty Brands’ New Method for Driving Loyalty
Blockchain rewards platforms have scored big partnerships with brands like Ulta Beauty and Glossier in recent weeks, offering beauty brands a new way to connect with fans and reward loyalty.
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Tiffany to Downsize China Flagship as Spending Dives
The LVMH-owned jeweller, which opened a two-floor store in Shanghai’s Hong Kong Plaza in a high-profile ceremony in late 2019, has decided to give up about half of its square footage, sources told Bloomberg.
Why Nordstrom’s Founding Family Wants to Take the Retailer Private
A $3.8 billion takeover bid represents a bet that saving the department store chain will be easier away from public scrutiny.
Ulysse Nardin and Girard-Perregaux Chart a Post-Kering Future
Two underdog watchmakers with centuries-old histories have had to furlough workers in a slowing luxury market. But CEO Patrick Pruniaux sees opportunity ahead as the brands endeavour to stand on their own in the wake of a sale by Gucci-owner Kering.
Ulysse Nardin and Girard-Perregaux Chart a Post-Kering Future
Two underdog watchmakers with centuries-old histories have had to furlough workers in a slowing luxury market. But CEO Patrick Pruniaux sees opportunity ahead as the brands endeavour to stand on their own in the wake of a sale by Gucci-owner Kering.
Solving Fashion’s $163 Billion Buying and Sizing Inaccuracy Problem
As competition for customers’ discretionary spend intensifies, smart assortment planning — from size predictions to demand forecasting — can help brands and retailers stay ahead. BoF sits down with Style Arcade CEO and co-founder Michaela Wessels to learn more.
Solving Fashion’s $163 Billion Buying and Sizing Inaccuracy Problem
As competition for customers’ discretionary spend intensifies, smart assortment planning — from size predictions to demand forecasting — can help brands and retailers stay ahead. BoF sits down with Style Arcade CEO and co-founder Michaela Wessels to learn more.
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Bustle and W Magazine Owner BDG Closes Investment Round
The cash injection will be used to help the media company enact its turnaround strategy.
Tom Ford Names Haider Ackermann Creative Director
The Colombian-born designer is known for his precise, sensual aesthetic. Owner Estee Lauder and licensee Zegna have lofty ambitions for the brand, whose former creative director Peter Hawking exited suddenly in July.
Nordstrom Family Offers to Take Chain Private for $3.8 Billion
The Nordstrom family has proposed buying the department store chain for $23 per share, aiming to take the company private for $3.8 billion, with financing from family members, Mexican retailer El Puerto de Liverpool, and new bank funding.
Nordstrom Family Offers to Take Chain Private for $3.8 Billion
The Nordstrom family has proposed buying the department store chain for $23 per share, aiming to take the company private for $3.8 billion, with financing from family members, Mexican retailer El Puerto de Liverpool, and new bank funding.
Walmart Bets on Collectible Sneakers to Grow Marketplace Service
The retailer is teaming up with sneaker marketplace StockX to offer a curated selection of pre-verified sneakers in a bid to enhance its online presence and compete with Amazon.