Outlets

BoF Professional Exclusive

Luxury Brands Found a Solution for Their Inventory Glut. But Will It Backfire?

9 July 2020 • By Casey Hall

BoF Professional Exclusive

Luxury Brands Found a Solution for Their Inventory Glut. But Will It Backfire?

Outlets and off-price retailers in China are seeing business boom as luxury brands pump excess inventory into the country at bargain basement prices. But the pandemic clearance strategy is a double-edged sword.

BoF Professional Exclusive

What to Do With All That Excess Inventory

20 April 2020 • By Chantal Fernandez

BoF Professional Exclusive

What to Do With All That Excess Inventory

Brands and retailers are sitting on mountains of spring and summer collections that they need to clear in what will likely be the biggest markdown season ever.

The New Normal: A Discount Mindset Will Deepen Its Grip on Consumers

14 April 2020 • By BoF Team and McKinsey & Company

The New Normal: A Discount Mindset Will Deepen Its Grip on Consumers

As a decade-long build-up of bargain shopping culture is exacerbated by a rise in anti-consumerism, a glut in inventory and cash-strapped consumers looking to trade down or turn to off-price channels, brands must find inventive ways to reestablish value, says The Business of Fashion and McKinsey’s Coronavirus Update to The State of Fashion 2020.

BoF Professional Exclusive

Luxury Brands Burn Unsold Goods. What Should They Do Instead?

11 March 2020 • By Sarah Shannon

BoF Professional Exclusive

Luxury Brands Burn Unsold Goods. What Should They Do Instead?

The luxury industry’s habit of destroying end-of-season leftovers is under threat, thanks to a consumer backlash and increasing government regulations. BoF uncovers the best solutions.

BoF Professional Exclusive

What's the Point of Outlet Malls in 2020?

11 December 2019 • By Alexandra Mondalek

BoF Professional Exclusive

What's the Point of Outlet Malls in 2020?

Destination discount shopping must evolve with the changing retail landscape in order to survive.

The China Edit | Hong Kong's Homegrown Talent, Rise of Domestic Shopper

31 October 2016 • By Limei Hoang

31 October 2016 • By Limei Hoang

This week, China looks to its homegrown talent in Hong Kong to drive the future growth of its fashion industry, and the owners of outlet park Bicester Village take a bet on growing demand from domestic Chinese consumers by opening a second outlet park.

The China Edit | Hong Kong's Homegrown Talent, Rise of Domestic Shopper

This week, China looks to its homegrown talent in Hong Kong to drive the future growth of its fashion industry, and the owners of outlet park Bicester Village take a bet on growing demand from domestic Chinese consumers by opening a second outlet park.

Outlet Shopping Comes to Town

31 August 2016 • By Kate Abnett

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Outlet Shopping Comes to Town

A new breed of urban outlets is creeping closer to city centres in pursuit of younger consumers and tourists.

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The Luxury Brand Balancing Act

18 January 2016 • By Helena Pike

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The Luxury Brand Balancing Act

Fashion’s luxury megabrands have long struck a delicate — and highly lucrative — balance between exclusivity and accessibility. But as digital media, globalisation and off-price retailing reshape the industry, are they in danger of losing the balance that made them so successful?

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News & Analysis

Wal-Mart to Shut Hundreds of Stores, Including Express Locations

15 January 2016 • By Bloomberg

15 January 2016 • By Bloomberg

Wal-Mart Stores Inc. plans to close 269 stores, aiming to refocus on better-performing locations and its e-commerce site.

News & Analysis

Wal-Mart to Shut Hundreds of Stores, Including Express Locations

Wal-Mart Stores Inc. plans to close 269 stores, aiming to refocus on better-performing locations and its e-commerce site.

News & Analysis

Spain's Mango to Shut 450 US Sales Outlets

9 November 2015 • By Reuters

9 November 2015 • By Reuters

Mango will close 450 sales outlets in the United States early next year after ending a five-year deal to display its clothing lines at department store J.C. Penney, a spokesman said.

News & Analysis

Spain's Mango to Shut 450 US Sales Outlets

Mango will close 450 sales outlets in the United States early next year after ending a five-year deal to display its clothing lines at department store J.C. Penney, a spokesman said.