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.
Fei Fei Sun
New Chinese Models Are Reshaping Global Runways
Local agencies are signing more models that don’t have classical Han Chinese features with knock-on effects for who gets cast by megabrands in Europe and the US.
Casting Chinese Models Is Complicated Business
Why many global fashion brands miss the mark — and therefore miss reaching their full potential in the Chinese market.
Instagram Backlash over First Vogue Hong Kong Cover featuring Gigi Hadid
"The magazine posted the first cover online, featuring Chinese models Fei Fei Sun and Hadid."
Vogue China: Past, Present and Future
As Vogue China marks its tenth year, BoF speaks to editor-in-chief Angelica Cheung, Condé Nast International CEO Jonathan Newhouse and Condé Nast China President Liz Schimel, to discuss the evolution of the magazine.
Company Snapshot
She was the first Chinese model to star in a Valentino advertising campaign and to cover Vogue Italia.
The News in Brief
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.
Dr Martens Shares Plunge as Tough Outlook Sets Challenge for New CEO
The company, which named chief brand officer Ije Nwokorie as its next CEO, said it was anticipating a double-digit percentage decline in US wholesale revenues, which would dent overall profits.
Procter & Gamble Price Hikes Thin Shoppers’ Wallets
Rising prices of personal care products could quash Americans’ habit of buying big-brand-name items for their household pantries, posing a threat to Procter & Gamble, one of the world’s biggest makers of packaged goods.
Traders Fear Antitrust Risk in $8.5 Billion Deal Between Coach, Michael Kors Owners
The merger arbitrage investor community turned increasingly bearish on the deal last week, as they interpreted some comments from FTC officials at a conference as negative for the deal.
US Retail Sales Top Forecasts as Consumers Keep Fuelling Growth
The value of retail purchases, unadjusted for inflation, increased 0.7 percent from February, Commerce Department data showed Monday.
Tapestry Merger With Versace Owner Capri Gets EU, Japan Approval
The merger, which would bring top luxury labels such as Tapestry’s Kate Spade, Stuart Weitzman and Capri’s Jimmy Choo and Versace under one roof, still awaits approval from the United States.
Online Marketplace Verishop Acquires Data Firm Trendalytics
E-commerce marketplace Verishop bought data analytics firm Trendalytics in a cash and equity deal that closed in March. Financial terms of the deal were not disclosed.