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.
The yet-to-be-named replacement for Young, who was the subject of a recent New York Times exposé documenting alleged lewd comments and other inappropriate behaviour, will be left to reckon with advertising-based publishing’s challenged business model.
The designer did what he does best: got people talking.
This week, Moda Operandi hires a former Condé Nast executive for chief operating officer, while Valentino taps its first chief commercial officer from Fendi.
Cosmopolitan’s fashion director Aya Kanai will succeed Anne Fulenwider, who has led the title since 2012.
The title’s former fashion director will succeed Holly Shackleton six months after he resigned from the Vice-owned British style title. He shares his vision for i-D’s next global chapter with BoF.
Elle.com’s digital director Leah Chernikoff will oversee all of Glossier’s content, including Into the Gloss.
The longtime fashion executive may have optimised Apple’s retail strategy for the wrong things.
Gisele Bündchen and Nina Garcia are among speakers confirmed to attend the three day event organised by non-profit organisation Omina, in partnership with Livia Firth's Eco-Age.
The new editor-in-chief tells BoF why her return to the title has personal significance, and how she plans to amplify the brand’s core values.
Big names don’t move issues like they used to, opening up opportunities for new and unexpected faces that make bold statements.
This week, Belstaff names Helen Wright as its new chief executive and Robin Hutson as non-executive Chairman, while Stephen Gan leaves Harper's Bazaar for Elle.
This week, Dazed Media names Bunny Kinney its new editorial director, while The Communications Store has appointed Emma Paton president of its US office.
The long-time Project Runway judge became Elle’s editor-in-chief amid a wider industry re-shuffle.
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.