Ferragamo Sales Down 17% in First Quarter
Revenues totalled 227 million euros ($244.5 million), below analyst expectations of 237 million euros according a LSEG consensus.
As Shanghai Fashion Week returns to business as usual, organisers and retailers in Tokyo and Seoul are turning their focus to homegrown talent.
With brands seemingly unable to avoid outrage in the face of rising nationalism in the world’s largest luxury market, hiring chief diversity officers may not be enough.
An influencer incubator’s IPO and subsequent share plunge speak volumes about the future of engagement and trust in an $18 billion industry. Read China Decoded to make sense of the market.
Even as print media sputtered in the West, fashion magazines in Greater China continued to thrive on seemingly endless advertising dollars chasing a consumer hungry for information and advice. But are the heady days now over?
As the Cannes Film Festival winds down, BoF investigates the increasingly lucrative business of dressing Asian celebrities.
In a multi-billion-dollar influencer economy, bartering for gifts and front-row seats has given way to paid projects, but who really has the power?
BoF spoke with several travelling Chinese shoppers from a range of demographics at luxury shopping meccas in and around London.
A part of the Lane Crawford Joyce Group, MyMM is fusing mobile commerce and social media in a unique retail strategy that is set to make waves in the Chinese fashion market.
The rise of digital platforms is unleashing new potential for indie fashion and youth media in China, challenging the dominance of legacy media players.
China’s fashion designers are making serious inroads abroad but why aren’t more of its photographers, stylists and other fashion creatives making a bigger global impact?
As Chinese messaging app WeChat hits 500 million users, BoF examines how mobile publishing is changing the country's media landscape.
Almost every major fashion country has one city that shines brighter than the rest. But China’s vast, diverse market defies the norm. In Part 1 of a two-part investigation, we examine the fashion capitals of Shanghai and Beijing. Next month, in Part 2, we explore Hong Kong and Guangzhou.
Almost every major fashion country has one city that shines brighter than the rest. But China’s vast, diverse market defies the norm. In Part 1 of a two-part investigation, we examine the fashion capitals of Shanghai and Beijing. Next month, in Part 2, we explore Hong Kong and Guangzhou.
The former senior fashion editor of Elle China brings a fresh aesthetic to the Chinese fashion media with her WeChat mobile magazine Leaf.
Revenues totalled 227 million euros ($244.5 million), below analyst expectations of 237 million euros according a LSEG consensus.
Researchers have expressed concerned that AI-generated content could be used as misinformation in an attempt to interfere with US elections this fall.
Sticky inflation has forced shoppers in various categories to trade down to more affordable products.
The company’s net sales came in at $1.48 billion in the quarter ended March 30, compared to analysts’ average estimate of $1.50 billion, according to LSEG data.
Warby Parker’s revenue jumped 16 percent year over year to $200 million in the first quarter of the year as other brands in the sector struggle to grow sales. The eyewear seller expects full year sales to climb as much as 13 percent to $761 million in 2024.
New analysis shows that 162,000 tourists from outside the European Union sought refunds on VAT — a sales tax — exclusively in Britain in 2019. One fifth of those tourists are now claiming rebates in other parts of the EU, where the tax break still applies.
Fabiola Torres, who has also held leadership roles at Nike and Apple, will oversee the group's marketing, merchandising and store experience functions.
The company is anticipating further sales slumps this year. Its revenue will likely drop as much as 25 percent year over year to $190 million in 2024.