The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
LONDON, United Kingdom — French Connection Group's cost-cutting drive helped reduce losses slightly in the first half of 2018 and put it on track to turn profitable by the end of the year, interim results from the British fashion retailer showed on Thursday.
The owner of French Connection, Great Plains and YMC brands reported an underlying pretax operating loss of 5.5 million pounds ($7.2 million) for the six months ended July 31, down from 5.9 million pounds a year earlier.
By Shashwat Awasthi
In 2020, like many companies, the $50 billion yoga apparel brand created a new department to improve internal diversity and inclusion, and to create a more equitable playing field for minorities. In interviews with BoF, 14 current and former employees said things only got worse.
For fashion’s private market investors, deal-making may provide less-than-ideal returns and raise questions about the long-term value creation opportunities across parts of the fashion industry, reports The State of Fashion 2024.
A blockbuster public listing should clear the way for other brands to try their luck. That, plus LVMH results and what else to watch for in the coming week.
L Catterton, the private-equity firm with close ties to LVMH and Bernard Arnault that’s preparing to take Birkenstock public, has become an investment giant in the consumer-goods space, with stakes in companies selling everything from fashion to pet food to tacos.