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.
From earlier sales to in-store fulfilment, retailers must find creative solutions to succeed during an unprecedented holiday season.
The fashion industry is confronting a fourth quarter that will be like no other as the ongoing pandemic keeps shoppers at home and the economy in flux. What can retailers do?
According to data from Mastercard, the apparel category registered stronger-than-expected e-commerce growth with online sales rising 17 percent.
The Saturday before Christmas topped Black Friday's numbers, resulting in the best weekend of the season for many struggling retailers.
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"Abode still predicts an even larger Cyber Monday, estimating sales of $9.4 billion."
Christmas has come early for brands and retailers that use the festive tradition to boost brand awareness and drive customer acquisition ahead of the Holiday season.
This week, everyone will be talking about Black Friday and Cyber Monday, PVH Corp.'s financial results and hunt for another brand to buy, and a new exhibition of vintage fashion at The Metropolitan Museum of Art. Get your BoF Professional Cheat Sheet here.
This week, everyone will be talking about Black Friday and Cyber Monday, PVH Corp.'s financial results and hunt for another brand to buy, and a new exhibition of vintage fashion at The Metropolitan Museum of Art. Get your BoF Professional Cheat Sheet here.
The Spring Festival celebration gives luxury brands including Gucci and Longchamp a chance to deliver capsule collections and potentially bump revenues after the holiday period.
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As more shoppers head online — and away from physical sites often locked in expensive leases — there’s little escape from the traditional British industry’s decline.
As the political debate subsided, consumers appeared confident enough to spend more generously.
The S&P 500 Retailing Index climbed 5.6 percent the day after Christmas, seeing its biggest one-day gain since the spring of 2010.
The number of British shoppers hitting the post-Christmas sales dipped by 4.2 percent year-on-year.
Harvey Nichols has named Julia Goddard chief executive following the departure of Manju Malhotra — who held the post for 25 years — in late 2023.
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.
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.
Amid a luxury slowdown, strong performance by LVMH’s perfumes and cosmetics and selective retailing divisions show a healthy appetite for beauty.
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.
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.
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.
The value of retail purchases, unadjusted for inflation, increased 0.7 percent from February, Commerce Department data showed Monday.