In the wake of Rana Plaza, it’s clear that voluntary self-inspection of garment factories by brands and retailers is not enough to avoid terrible human tragedy. Workplace health and safety standards must be set and enforced by the workers themselves, argues Tansy E Hoskins.
NEW YORK, United States — Straight from day seven of New York Fashion Week, BoF's contributing photographer Sonny Vandevelde brings us backstage images from the Michael Kors, Proenza Schouler, Jeremy Scott, Reed Krakoff, Anna Sui and Dion Lee shows.
LONDON, United Kingdom — Despite a string of positive results announcements, the Savigny Luxury Index (“SLI”) lost 0.9 percent in August, nevertheless outperforming the MSCI World Index (“MSCI”) by close to one percentage point, as markets shuddered at the prospect of foreign intervention in the Syrian conflict.
NEW YORK, United States — Strong demand for Michael Kors' luxury goods again propelled profit in its latest quarter, and the clothing, accessories and handbag maker lifted its outlook for the year.
NEW YORK, United States — Coach Inc., the largest U.S. luxury handbag maker, said fiscal fourth-quarter profit fell 12 percent as discounts and weak handbag sales hurt revenue in North America.
The Philippines has long been overshadowed by its larger neighbours and underestimated by international fashion brands. Now the country is reporting faster economic growth than China. BoF reports.
NEW YORK, United States — Michael Kors is suing Costco saying that it illegally used pictures of its luxury bags in its ads in order to lure in customers without being authorized to sell the designer's wares.
NEW YORK, United States — Upscale fashion accessories maker Michael Kors Holdings Ltd sued Costco Wholesale Corp on Friday, accusing the largest U.S. warehouse club retailer of running a "bait-and-switch" false advertising scheme.
NEW YORK, United States — Marty Hamamoto wouldn’t have dreamed of shopping for clothes with her mother when she was younger. Her own daughter actually looks forward to it.
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
HONG KONG, China — Michael Kors Holdings Ltd. reported that its profit more than doubled on surging sales in the fourth quarter, capping another strong year for the upscale handbag maker.
NEW YORK, United States — A Morgan Stanley analyst on Monday added Michael Kors Holdings Ltd. to the investment bank's "Best Ideas" list, saying that the high-fashion clothing and accessories company's long-term earnings potential is one of the retail industry's best and not fairly reflected in its stock price.
NEW YORK, United States — Coach’s valuation and cash generation -- enough to give it the third-highest free cash flow yield among peers -- could attract private-equity firms, Atlantic Equities LLP said. LVMH Moet Hennessy Louis Vuitton SA and PPR SA may be among suitors drawn to its margins and the chance to expand Coach beyond the U.S. and Japan