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.
The city’s famous shopping district will be turned into two piazzas with improved public transport access, seating and plants, as local authorities gave the go ahead for work to start later this year, according to a PA Media story published in The Guardian.
It’s not the first time plans to Oxford Circus have been proposed, but previous initiatives have stumbled on concerns over traffic and bus routes. The transformation is expected to drive more customer footfall and could be a boon for retailers in the area.
When the American sportswear retailer announced the return of its controversial founder as CEO Wednesday, investors were perplexed. BoF unpacks why Plank may be back — and the challenges that lie ahead in his bid to transform its fortunes.
The category’s biggest brands by market capitalisation report results this week, and will need to show they have a plan to fend off fast-growing competition.
By investing in an elevated product and shopping experience, Spanish retailers Inditex and Mango are seeing tremendous growth despite fierce competition from the likes of Temu and a cash-strapped consumer.
The ByteDance-owned app’s e-commerce play has been met with mixed response from users. Still, sales seem to keep ticking up.