Valentino’s Full-Year Sales Fall 3 Percent
The results help to explain owner Mayhoola’s decision to shake up the brand’s aesthetic direction by hiring former Gucci designer Alessandro Michele.
Banana Republic, J.Crew, Express and others are all promoting a new, more digital and fashion-forward identity in a bid to regain relevance. But a rebrand is no easy feat.
The American department store, which emerged from bankruptcy in 2020, is intent on convincing shoppers it is the premiere retail destination as people reenter the world.
Boohoo Group has bought ailing department store Debenhams, while Asos confirmed it is in talks to acquire Topshop. Why are new digital players targeting fading high street labels?
Jan Singer, who only joined the ailing retailer in February, will be succeeded by Madewell chief executive Libby Wadle.
ADVERTISEMENT
The pandemic could permanently close as many as a third of the city's 230,000 businesses.
This week, everyone will be talking about fashion weeks in New York and London, the post-bankruptcy futures of Neiman Marcus and J.C. Penney, and sales updates from the owners of Zara and H&M. Get your BoF Professional Cheat Sheet.
This week, everyone will be talking about what comes next for American retail, the prospects for the luxury watch market and Goop’s online wellness summit. Get your BoF Professional Cheat Sheet.
The hedge funds that hold the retailer's loans would become co-owners of a business they never planned to run, in partnership with a third party that could include one of the potential buyers they’ve been wooing.
ADVERTISEMENT
This week, everyone will be talking about the future of TikTok, J.Crew's emergence from bankruptcy and a jump in Covid-19 cases in France. Get your BoF Professional Cheat Sheet.
To do so, it’ll swap more than $1.6 billion of old secured debt for ownership in the company.
The group argues a liquidation would generate more than $8.4 billion, enough to pay off all creditors with some left over for shareholders.
An online retailer chasing growth, a supplier-turned-retailer, and a worried Italian government are among the unlikely cast of investors shelling out for brands including Warehouse, Naf Naf and Corneliani. The assets are small fish, but the deals could hint at bigger transactions to come.
An online retailer chasing growth, a supplier-turned-retailer, and a worried Italian government are among the unlikely cast of investors shelling out for brands including Warehouse, Naf Naf and Corneliani. The assets are small fish, but the deals could hint at bigger transactions to come.
The results help to explain owner Mayhoola’s decision to shake up the brand’s aesthetic direction by hiring former Gucci designer Alessandro Michele.
The social media platform will effectively ban most weight loss-related content from appearing on its app starting next month, according to a sweeping new set of community guidelines published on its website last week.
A taffeta ball gown with the span of a light aircraft is one of the more magnificent items to go on sale at Christie’s in June as part of an auction of the personal wardrobe of Dame Vivienne Westwood.
The fashion industry’s era of so-called quiet luxury is over and affluent consumers will want bold designs again, the chairman of Valentino has predicted.
Burlon, a former DJ, stylist and PR, founded the Milan-based label as a T-shirt line in 2012, inspired by ‘90s club culture.
The Colombian designer, whose bags have been worn by celebrities and featured on shows like Sex and the City, previously pled guilty to illegally importing millions of dollars of crocodile and snakeskin handbags into the US.
Millennial and Gen-Z respondents were among the most likely to pay a premium for environmental-friendly practices.
Fashion retailer Express Inc has filed for Chapter 11 bankruptcy in the United States and intends to close more than 100 stores, it said on Monday.