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.
NEW YORK, United States — British clothing retailer French Connection said on Tuesday it expects its sale process to be concluded by the end of the year, and reported a smaller first-half operating loss on growth in its wholesale business in the United States.
French Connection, once known for its provocative FCUK brand of clothes and accessories, said operating loss from continuing operations narrowed to £3.7 million ($4.59 million), compared with £5.5 million a year ago, and added that it was on track to meet full-year expectations.
By Tanishaa Nadkar; Editor: Saumyadeb Chakrabarty
Antitrust enforcers said Tapestry’s acquisition of Capri would raise prices on handbags and accessories in the affordable luxury sector, harming consumers.
As a push to maximise sales of its popular Samba model starts to weigh on its desirability, the German sportswear giant is betting on other retro sneaker styles to tap surging demand for the 1980s ‘Terrace’ look. But fashion cycles come and go, cautions Andrea Felsted.
The rental platform saw its stock soar last week after predicting it would hit a key profitability metric this year. A new marketing push and more robust inventory are the key to unlocking elusive growth, CEO Jenn Hyman tells BoF.
Nordstrom, Tod’s and L’Occitane are all pushing for privatisation. Ultimately, their fate will not be determined by whether they are under the scrutiny of public investors.