Condé Nast Union Threatens Strike Ahead of Met Gala
The union delivered the announcement through a video at a bargaining session today, promising “a week of union actions” in the statement.
For apparel labels reliant on multi-brand retailers for sales, developing a direct business has never been more important. But how can you go DTC in the middle of the pandemic? Here’s BoF’s guide to pivoting online during a time – and cash – crunch.
For apparel labels reliant on multi-brand retailers for sales, developing a direct business has never been more important. But how can you go DTC in the middle of the pandemic? Here’s BoF’s guide to pivoting online during a time – and cash – crunch.
The ancient human need to explain the vastness of the universe through storytelling and mythology is what’s driving millennial consumer culture today in the US, argues Maggie Montagna and Mortimer Singer.
In Manhattan’s prime retail districts, tourist traffic is down, rents are high, Trump is looming large and overstoring is about as bad as it is in Middle America. Something has got to give.
Members of the fashion community, from Diane von Furstenberg to Hari Nef, share their immediate reactions to the US presidential election result, with many voicing defiance in the face of uncertainty.
America’s luxury department stores are betting big on the buoyancy of the New York market. But is there space for everyone?
The BoF community gathered in New York to hear forward thinkers inside and outside fashion discuss the challenges — and opportunities — facing the industry.
Orlebar Brown has used franchising to expand its global footprint, gaining a first-to-market advantage in important geographies without expending capital on directly operated retail locations.
BoF editor-in-chief Imran Amed recaps the week in the business of fashion.
Five years after the global financial crisis hit Dubai, the United Arab Emirates is poised to become a super-regional powerhouse, with compelling opportunities for luxury retailers, argues Mortimer Singer of Marvin Traub Associates.
Five years after the global financial crisis hit Dubai, the United Arab Emirates is poised to become a super-regional powerhouse, with compelling opportunities for luxury retailers, argues Mortimer Singer of Marvin Traub Associates.
Successor to the consulting firm’s legendary founder and retail guru, he grew the team by bringing on new industry experts.
The union delivered the announcement through a video at a bargaining session today, promising “a week of union actions” in the statement.
The transaction, which includes funding from Blackstone and Goldman Sachs, values the company at $6.4 billion.
The Lithuania-based group said growth had been spurred by entering new markets including Denmark and Finland and an expansion into luxury fashion.
The Barcelona-based firm set the price guidance at €24.50 per share, according to terms seen by Bloomberg News, giving the company an implied market value of €13.9 billion ($14.9 billion).
Chairman Reinold Geiger’s investment holding company, L’Occitane Groupe SA, is considering an offer for the Hong-Kong listed firm’s shares he does not already own, at HK$33 to HK$34 per share, the report said, citing people familiar with the matter.
The private equity fund has entered into a definitive deal with the Percassi family, which will retain a “significant stake” in the business.
The company confirmed in January that it planned to restart activities in Venezuela in the first half of 2024 with local partner Grupo Futura.
The move means Shein could be liable for fines of as much as 6 percent of global revenue for violating the law, designed to curtail the spread of illegal content online.