Nike Says Job Cuts at Oregon Headquarters to Total More Than 700
Nike Inc. will have eliminated about 740 jobs at its headquarters by late June as part of its multiyear cost-cutting plan.
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Express Draws Wall Street's Wrath for Missing Retailers' Rebound
The company's failure to hit expected sales figures underscores how competition has narrowed the room for error among apparel retailers.
The Global Influencer Economy, Part 1: The Dangers of Playing It Safe
What boosts the bottom line from London to Lagos? BoF examines the dark arts of influence and why brands can't afford to play it safe.
How Nike Sneakers Made a Billionaire of Park Yen-cha
The South Korean entrepreneur, who manufactures 60 million pairs of Nikes annually, has a net worth of $1.3 billion according to the Bloomberg Billionaires Index.
#BoF500 — The New Class: Models & Muses
More than pretty faces, they have leveraged their grace and connections to get things done. Meet the 17 models and muses who are new to the #BoF500 this year.
Unmasking East Asia’s Beauty Ideals
Women from Korea, Japan and China play an increasingly influential role in the global beauty industry but what drives their purchases and influences their trendsetting regimes?
Anita Bitton on Casting Top Models For Alexander Wang and Marc Jacobs
BoF talks to Anita Bitton about the changing business of casting and how demand for content is driving demand for talent.
The Digital Asia Effect
The worlds of fashion and entertainment are getting even more tangled as a new gang of digitally-enabled front row fixtures from Korea, Japan and China redefine cool and how it is sold to a global audience.
Company Snapshot
The South Korean force of nature is a pop culture phenomenon and is muse to a number of designers including Alexander Wang, Jean Paul Gaultier and Jeremy Scott.
The News in Brief
P&G Lifts Annual Profit Forecast on Strong Us Consumer Demand, Easing Costs
Procter & Gamble raised its annual profit forecast on lower commodity costs and as consumers, particularly in the United States and Europe, kept buying its pricey Tide detergent and Dawn dish soap.
Frédéric Malle Steps Down From Namesake Brand
Frédéric Malle announced on Apr. 18 that he will be leaving his brand Editions de Parfums Frédéric Malle at the end of June.
With Succession in Focus, LVMH Adds Alexandre and Frédéric Arnault to Board
The two brothers join older siblings Antoine and Delphine, meaning that 4 out of Arnault’s 5 heirs now serve on the board. Bernard Arnault, age 75, has placed his controlling interest in LVMH in a stock-share partnership aimed at perpetuating family control.
Arnault Says He Hopes Tensions With China on Luxury Quiet Down
Billionaire Bernard Arnault said he hopes a planned visit to France next month by China’s Xi Jinping will help smooth trade relations between Paris and Beijing.
Vita Liberata Bought Back By Founder
Alyson Hogg, who founded the luxury tanning brand in 2003, has reacquired it from Crown Laboratories.
Swiss Watch Exports Plunge as China and Hong Kong Demand Dries Up
Monthly Swiss watch exports suffered their biggest decline since 2020 as demand for premium and luxury timepieces in key markets including China and Hong Kong plunged.
Asos Says It Will Take ‘Necessary Actions’ After 18% Drop in Sales
Asos has said it will take “necessary actions” to transform its fortunes after the fast fashion retailer’s first-half losses widened and sales fell by nearly a fifth.