News & Analysis

A Non-Binary Concept Store Opens in Paris

19 January 2019 • By Victoria Berezhna

L’Insane will stock brands including Cottweiler, Vaquera and Dilara Findikoglu as it caters to a more gender-fluid Generation Z.

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News Bites

J.Crew Chairman Mickey Drexler Steps Down

18 January 2019 • By Lauren Sherman

The former chief executive is retiring to focus on his investment and advisory firm, Drexler Ventures.

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News & Analysis

VF's Results Ease China Concerns

18 January 2019 • By Bloomberg

Vans parent company VF Corp.’s quarterly beat, aided by a sales increase in China, is fuelling a rally in branded apparel peers that include Canada Goose.

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News & Analysis

Google Spends $40 Million on Watch Tech to Fight Apple

18 January 2019 • By Bloomberg

The Alphabet Inc. unit agreed to acquire Fossil Group intellectual property in a bid to boost the search giant’s nascent efforts in the category.

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News & Analysis

Tiffany's Holiday Sales Fall as Chinese Tourists Spend Less

18 January 2019 • By Reuters

Same-store sales fell 2 percent during the holiday shopping season as Chinese tourists bought less jewellery, Tiffany's net sales also fell, about 1 percent to $1.04 billion.

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News & Analysis

EU Proposes Ban on Deliberately Added Micro-Plastics to Combat Pollution

18 January 2019 • By Reuters

The tiny bits of plastic end up in waterways and oceans, giving rise to increasing concern about their effect on marine ecosystems.

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News & Analysis

American Vogue Apologises for Misidentifying Muslim American Journalist

17 January 2019 • By Chantal Fernandez

The magazine misidentified Noor Tagouri as the Pakistani actress Noor Bukhari in its latest issue. Diet Prada helped bring awareness to the mistake online.

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Power Moves

Power Moves | Bergdorf Names Chief Operating Officer, LVMH Adds to Executive Committee

17 January 2019 • By Rachel Deeley

This week, Bergdorf Goodman announces its new chief operating officer, while LVMH appoints Delphine Arnault to its executive committee.

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News & Analysis

South Africa's Woolworths Hit by Sluggish Sales, Earnings Warning

17 January 2019 • By Reuters

Sales at the local fashion, beauty and home business declined by 2 percent, with comparable store sales down 2.4 percent due to a significantly smaller winter clearance sale in the first quarter.

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News & Analysis

Primark Owner AB Foods Holds Guidance After Revenue Rise

17 January 2019 • By Reuters

The group said Primark, which accounts for about half of the group's revenue and profit, increased its total sales by 4 percent at constant currency, though like-for-like sales saw 'a modest decline.'

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