Jen Atkin’s Editorial Site Mane Addicts Shuts Down, Lays Off Team
Ouai founder Jen Atkin’s 10-year-old editorial hair care site Mane Addicts has effectively shut down.
Tom & Ruth Chapman
Introducing the 2018 #BoF500 Hall of Fame
The Business of Fashion is proud to unveil the 2018 Hall of Fame, our highest honour reserved for those who have demonstrated sustained achievement over the course of their careers.
MatchesFashion Growth Driven by International Expansion
The fashion e-commerce site’s 2017 revenues are up 44 percent, spearheaded by sales in the US and a 'luxury rewired' approach to customer experience.
Potential Buyers Circle Matchesfashion
A number of prominent investment funds are preparing bids that could value the luxury fashion retailer at more than £600 million, according to a new report.
Is Matchesfashion Readying for a Sale?
The luxury fashion retailer, which reported revenue of £204 million in 2016, is seeking advisors to manage a sale, BoF has learned.
News Bites | Uniqlo's US Ambitions, MatchesFashion's Record Results
In today's News Bites, Uniqlo’s John C. Jay on the apparel giant's plan to dominate American retail, and Matchesfashion releases its financial results for the first time.
Bits & Bytes | Gilt Nears Deal, Subscription Start-Ups, Matchesfashion.com's Growth
Bits and Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Company Snapshot
The couple grew their friendly Wimbledon store into a global online destination for the best luxury and contemporary pieces.
The News in Brief
China, Travel Retail Weigh on Shiseido Earnings
Sales rose 4 percent on a reported basis, as consumer pullback from Japanese brands and inventory adjustments dragged down overall earnings.
Victoria’s Secret Jumps as Sales Decline Moderates
The lingerie maker said Thursday that its preliminary sales and adjusted profit for the quarter ended May 4 were at the high end or above its prior projections.
J.Crew Store Reopens in Soho
The American apparel chain will reopen a womenswear store in the retail neighbourhood since its last location closed in 2018.
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.
TikTok to Label AI-Generated Images, Video From OpenAI and Elsewhere
Researchers have expressed concerned that AI-generated content could be used as misinformation in an attempt to interfere with US elections this autumn.
US Online Retail Spending Up 7%, Driven By Demand for Cheaper Products
Sticky inflation has forced shoppers in various categories to trade down to more affordable products.
Tapestry Misses Quarterly Revenue Expectations
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.