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.
Dr. Amanda Parkes
What Happened to Wearables?
The once-hyped wearable tech market has struggled to find its footing. What worked, what didn’t and what’s next?
New York Hosts Latest VOICES Conversation Ahead of BoF's Flagship Event in December
The BoF community gathered in New York to hear forward thinkers inside and outside fashion discuss the challenges — and opportunities — facing the industry.
Op-Ed | Fashion Can Win the Wearables War
Fashion has the potential to leapfrog the gadget-focused consumer electronics industry and tap the growing wearables market with fashionable high-tech textiles, advises Amanda Parkes.
The Best of BoF 2014 | Fashion 2.0
Continuing our retrospective of the stories that drove the conversation and defined the year in the business of fashion, today we highlight some of 2014’s top articles in our Fashion 2.0 channel.
Company Snapshot
A pioneering fashion technologist, she incubates high-tech textiles and wearable technology businesses.
The News in Brief
TikTok Divest-or-Ban Bill Heads to Fast Track in US Congress
The effort to force TikTok’s Chinese parent company ByteDance Ltd to divest its ownership of the social media platform would quickly become law under a plan outlined Wednesday by House Speaker Mike Johnson.
Lagardère Group Launches Egyptian Edition of Elle Magazine
The French publisher has appointed Tunis-based firm Nissa Editions Group as the local licensing partner and Cairo-based fashion media veteran Susan Sabet as both managing director and editor-in-chief of the new title.
Report: FTC to Consider Blocking Tapestry’s $8.5 Billion Capri Takeover
The US Federal Trade Commission (FTC) is preparing to sue to block Coach parent Tapestry’s $8.5 billion deal to buy Michael Kors owner Capri Holdings, NYT Dealbook reported on Wednesday, citing people familiar with the matter.
Harvey Nichols Appoints New CEO
Harvey Nichols has named Julia Goddard chief executive following the departure of Manju Malhotra — who held the post for 25 years — in late 2023.
Emerging Designer Platform The Folklore Raises $3.4 Million
The capital injection will strengthen the company’s earlier pivot from being an African designer e-commerce site to being a business-to-business venture helping emerging brands enter global retailers.
Adidas Is Seeing Hot Demand for Sambas and Yeezys
The German sportswear company now expects to generate operating profit of around €700 million ($743 million), an increase from the previous target of €500 million.
Sephora, Perfumes and Cosmetics Drive LVMH Sales Growth
Amid a luxury slowdown, strong performance by LVMH’s perfumes and cosmetics and selective retailing divisions show a healthy appetite for beauty.