PARIS, France — France's official human rights watchdog said on Wednesday it was investigating Abercrombie & Fitch Co over concerns the U.S. clothing retailer discriminates in hiring store staff based on appearance.
LONDON, United Kingdom — On the heels of Downton Abbey’s success on American television, British retailers are banking on a love of all things English to expand their business in the world’s biggest apparel market. Leading the British invasion are Asos Plc, TopShop, Boden, Jack Wills Ltd., and Superdry.
Fashion Weighs a Deeper Investment in Africa (IHT) “Designers from Vivienne Westwood to Jean Paul Gaultier have long drawn on the vibrancy of African culture in their clothing lines. But now the industry is taking a tentative look at whether it makes sense to put down larger stakes as the African economy begins to take its place alongside the world’s other promising emerging markets.” Gap raises full year profit view,
Global Briefing | Chinese Fashion Brands Look West (Insight & Analysis) “It’s nearly impossible to go a week without reading about international fashion brands expanding their operations in China. But what about Chinese brands targeting the West?” Op-Ed | What Went Wrong at Aquascutum? (Opinion, Insight & Analysis) “In April of this year, at a time when Burberry posted an 11 percent increase in sales,
At Abercrombie & Fitch, Sex No Longer Sells (Business Week) “Abercrombie & Fitch’s skin-filled ads and nightclub vibe once delighted American teenagers and infuriated parents. Today, many aren’t even paying attention. The once-edgy retailer has lost a third of its market value in the past year as it grapples with falling sales in Europe and the U.S.” Giorgio Armani courts China (AFR) “‘Are you
Downtown Comes Uptown (NY Times) “Conspicuous consumption has made a resounding return to Madison Avenue, at least on that mile of glistening shops stretching north of Barneys New York at East 60th Street. But it isn’t quite the same Madison Avenue as what was there before. Nearly 50 stores have opened in the last 18 months, including a diverse mix of European luxury labels.” Prosperous Times for Luxury Print Media, Or
A Hard Spill in Designer Shoes (NY Times) “Kari Sigerson and Miranda Morrison couldn’t take a wrong step in their climb from Fashion Institute of Technology students to fashion-world darlings… Just over a year ago, she and Ms. Morrison were fired from the company they had created, and now they find themselves watching from the sidelines as the retooled brand is presented at this week’s New York Shoe Expo without
Why Coach Continues to Bag Soaring Profits (Forbes) “The wins just keep on coming for Coach. The New York-based leather goods and accessories brand just reported a 21 percent bump in profits as sales for its fiscal third quarter rose 16.6 percent to $1.11 billion.” Puma says hit by slowdown in Europe in Q1 (Reuters) “German sporting goods company Puma said wariness among European consumers hurt its first
Sarah Burton (Interview) “When Sarah Burton was named Creative Director of Alexander McQueen in May 2010, she was charged with a task that many thought impossible… It was Burton who, despite the circumstances, helped shepherd to completion McQueen’s last collection for Fall 2010, which was in progress when he died.” How Carolina Herrera turned being chic into big business (CNN) “In her ‘uniform’
A Marriage of Economic Convenience (NY Times) “More than a decade since Target first popularized collaborations between high-end designers and mass retailers, and seven years since H&M introduced a collection with Karl Lagerfeld, there is still allure in the concept of cheap and chic… Such collaborations are proving to be both a reliable business model for retailers and a business in themselves.” Marc Jacobs’s
[vimeo]http://vimeo.com/7037364[/vimeo] Pushing the Boundaries of Black Style (IHT) “As opposed to the fascistically frozen street-style snaps of The Sartorialist and others, these pictures are styled and plotted fictions but also affecting ones, depicting a pair of young black men taking ownership not just of the body and what goes on it, but also of the environment it moves in… Already they have wide reach: Street
In China, Women Begin Splurging (WSJ) “‘Many people are inclined to believe that gentlemen are generously purchasing luxury gifts for women in China, but our observation is that the great majority [of the buyers] are women who have achieved great success in their business and are now rewarding themselves with the finer things in life.’” GQ, Gilt Groupe Team Up on E-Commerce Site (Ad Week) “Gilt
[caption id="attachment_14415" align="alignnone" width="500" caption="The BoF community looks on at Fashion Pioneers with Natalie Massenet | Photo: Lawrence Randall"][/caption] LONDON, United Kingdom — It's been quite the year for the BoF team. In January, we will celebrate our 4th birthday, having seen BoF grow from a passion project created from the sofa in my living room to a growing global community of like-minded fashion professionals that is BoF today. We are grateful for all of the support our community has shown us over the past 12 months, from the success of our sold-out Fashion Pioneers series to the rapidly growing numbers of you who come to us every day for opinionated fashion business analysis and a highly-curated point of view…