Unilever Sales Rise More Than Expected, Led by Beauty
Unilever Plc sales jumped more than expected in the first quarter as Chief Executive Officer Hein Schumacher pushes ahead with his turnaround plan and shoppers come back to premium brands.
The streetwear giant’s creative director has submitted a letter of resignation, seen by BoF. Emory was Supreme’s first high-profile appointment since it was acquired by VF Corp in 2020.
In a deal that values the New York streetwear brand at $2.1 billion, Supreme picks up a long-term partner with back-end prowess and ambitions to scale it past $1 billion in annual sales.
BoF identifies the 10 most transformative partnerships of the past 10 years.
Sophisticated Italian counterfeiters are damaging the billion-dollar streetwear juggernaut’s brand reputation and may be slowing its post-Carlyle growth plans. In a rare interview, Supreme’s press-shy founder James Jebbia speaks exclusively to BoF.
Sophisticated Italian counterfeiters are damaging the billion-dollar streetwear juggernaut’s brand reputation and may be slowing its post-Carlyle growth plans. In a rare interview, Supreme’s press-shy founder James Jebbia speaks exclusively to BoF.
Female fans of streetwear constitute a major market opportunity for brands, argues Reggie Casagrande.
Hirotaka Sasako went from shop floor to buyer at Dover Street Market after impressing Rei Kawakubo. Now, he’s opening his own multi-brand store in Tokyo, stocking buzzy brands like Wales Bonner, Namacheko and Stefan Cooke.
The master designer transformed a dusty French label into a multi-billion-dollar global luxury powerhouse, creating the template that has been adopted with astounding success across the fashion industry. But the formula needs an update.
The Business of Fashion is proud to unveil the 2018 Hall of Fame, our highest honour reserved for those who have demonstrated sustained achievement over the course of their careers.
The cult Californian streetwear label's decision to relaunch in London reflects its belief in community as much as its global retail strategy.
HBC's shedding of Gilt Groupe is just another indication that the off-price market isn't fool-proof.
The American fashion industry’s annual awards ceremony aimed to strike a balance between honouring industry stalwarts and recognising the disruptors paving a new way forward in tough times.
The label proved its power on Wednesday at an auction in Paris totalling $1 million in sales, allowing collectors to grab rare items they may have missed.
The founder of what is sometimes dubbed ‘the Chanel of streetwear,’ he has attracted a global cult following for his skateboarding-inspired brand.
Unilever Plc sales jumped more than expected in the first quarter as Chief Executive Officer Hein Schumacher pushes ahead with his turnaround plan and shoppers come back to premium brands.
The administrators said the retailer’s 541 known unsecured creditors are owed at least £35.6 ($44.2 million) but are unlikely to collectively receive more than £800,000 ($996,000), or “less than a penny in the pound.”
President Biden signed the bill that gives China-based ByteDance 270 days to divest TikTok’s US assets or face a ban.
The Alphabet Inc. company said in a blog post Tuesday that it’s still working with the ad industry and regulators on the plan.
Overall revenues for the three months through March totalled 818 million euros ($874 million), above a company-provided analyst consensus of 786 million euros.
Embattled by weak demand and currency issues in Nigeria, the company is looking to slim down in order to return to growth.
EU lawmakers backed the Corporate Sustainability Due Diligence Directive by 374 votes to 235 against, with 19 abstentions.
Amazon “significantly restricted consumers’ freedom of choice” by automatically pre-setting a ‘Subscribe and Save’ option, the regulators said.