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.
PALO ALTO, United States — Apple said on Tuesday that Angela Ahrendts, the chief of its retail operations, will leave the company in April to pursue new opportunities.
Ahrendts joined Apple in 2014 after serving as CEO of fashion retailer Burberry and was among the iPhone maker's highest-paid executives. During her tenure, the company re-worked its retail stores with an emphasis on Apple's appeal as a luxury brand and opened locations in pricey districts, such as a glass-walled store on Chicago's Michigan Avenue last fall.
She also oversaw a program called "Today at Apple" in which the iPhone maker held regular events at its stores to teach children how to code and show customers how to use its software for creating and editing videos and photos, for example.
“I want to thank Angela for inspiring and energizing our teams over the past five years,” Apple CEO Tim Cook said in a news release. “She has been a positive, transformative force, both for Apple’s stores and the communities they serve. We all wish her the very best as she begins a new chapter.”
Apple named Deirdre O'Brien as senior vice president of "Retail + People" to replace Ahrendts. O'Brien has worked at Apple for more than 30 years.
By Stephen Nellis with Vibhuti Sharma; Editor: Sai Sachin Ravikumar and Dan Grebler
A new study from Trove and Worldly found that if luxury and outdoor apparel brands can grow their resale offering to account for a quarter of total revenue, then they can substantially reduce carbon emissions. Fast fashion, not so much.
The US Federal Trade Commission filed a long-awaited antitrust lawsuit against Amazon on Tuesday, charging the online retailer with harming consumers through higher prices in the latest US government legal action aimed at breaking Big Tech’s dominance of the internet.
Malls across the US have been ‘flash robbed’ by groups of about 20 to 30 suspects stealing retail merchandise.
BoF Careers provides essential sector insights for fashion professionals in retail this month, to help you decode fashion’s retail landscape.