Sandra Stangl Is Exiting Banana Republic
Despite a brief uptick in sales, up 24 percent between 2021 and 2022, the brand’s growth has stalled.
For the last 19 years, the Israel-born designer has developed her independent American fashion label by producing high-quality, timeless basics.
This week, Felicia Mayo, former head of diversity at Tesla, replaced Kellie Leonard in a similar role at the American sportswear giant.
The French luxury conglomerate snapped up one of hard luxury’s last available targets in a mega-deal worth $16.2 billion. With the transaction approved by shareholders and set to close by the middle of this year, BoF considers how the Tiffany-LVMH integration might pan out.
The French luxury conglomerate snapped up one of hard luxury’s last available targets in a mega-deal worth $16.2 billion. With the transaction approved by shareholders and set to close by the middle of this year, BoF considers how the Tiffany-LVMH integration might pan out.
While the crop of chief executives at the biggest US companies gets more male, women have made some notable gains in retail.
This week, everyone will be talking about Tiffany's last set of earnings as a public company, Dior Men’s in Miami, Chanel’s Métiers d’Art show and The Fashion Awards in London. Get your BoF Professional Cheat Sheet.
The world's largest luxury conglomerate and the American jeweller could reach an agreement as soon as Sunday evening and announce the deal on Monday.
This week, MAC taps a Coty marketing executive as part of its turnaround, while Daniella Vitale joins Tiffany as its first chief brand officer.
She will join the American jewellery retailer as executive vice president and chief brand officer.
The licensing firm’s $271.4 million acquisition of the bankrupt luxury department store has closed, but there are plans to keep a physical footprint.
After filing for bankruptcy earlier this summer, the luxury department-store chain closes in on a $270 million deal, according to sources familiar with the matter.
The troubled retailer could once again be reborn. But this time, it’s going to take a drastic overhaul to get the business back on track.
After filing for bankruptcy protection, the luxury retailer aims to restructure its business and find a new owner. But where does that leave the brands it sells?
The first female leader of the venerable department store group Barneys New York is now tasked with Salvatore Ferragamo's performance in North America.
Despite a brief uptick in sales, up 24 percent between 2021 and 2022, the brand’s growth has stalled.
The move comes as System owner Mike Obenson aims to turn what began as a bi-annual print title into a global media brand with a stronger digital offering.
Former Under Armour COO Colin Browne has been appointed to lead the industry organisation formerly known as the Sustainable Apparel Coalition.
The company also beat Wall Street targets for third-quarter results, hinting at a recovery in demand for beauty and cosmetic products in the US after a long bout of inflation.
The British brand’s share price, which has fallen by almost 60 percent this year, declined by a further 4.5 percent in early trading on Wednesday
Manzanita Capital has selected the investment bank Raymond James to conduct a sale of the premium British beauty retailer, per Sky News.
The British fashion and homewares company said Wednesday that full price sales climbed 5.7 percent in the first quarter, which was slightly ahead of an expected 5 percent rise.
The listing drew orders for multiple times the number of shares available and is contributing to a broad resurgence of European initial public offerings.