The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
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NEW YORK, United States — For years, experts have been predicting the end of the American mall as we know it, but will Covid-19 finally put an end to this way of shopping?
"The mall was there to be really convenient to the consumer, and to be a gathering place," said Robert Burke, chairman and chief executive of Robert Burke Associates, in a #BoFLIVE conversation with BoF's Lauren Sherman and Cathaleen Chen, presented by Afterpay. "The mall is today, as ever, only as good as the brands it houses." However, that's not to say that malls themselves can take a back seat as retail spaces begin to reopen, albeit with health and safety measures in place. Developers need to think more like merchandisers, get creative in supporting their tenants, and break out of the formulaic slump that has struggled to retain the interest of the evolving customer for years.
To participate in #BoFLive, BoF’s digital events series offering insight, advice and inspiration, visit our calendar where you can find details of upcoming digital events.
Antitrust enforcers said Tapestry’s acquisition of Capri would raise prices on handbags and accessories in the affordable luxury sector, harming consumers.
As a push to maximise sales of its popular Samba model starts to weigh on its desirability, the German sportswear giant is betting on other retro sneaker styles to tap surging demand for the 1980s ‘Terrace’ look. But fashion cycles come and go, cautions Andrea Felsted.
The rental platform saw its stock soar last week after predicting it would hit a key profitability metric this year. A new marketing push and more robust inventory are the key to unlocking elusive growth, CEO Jenn Hyman tells BoF.
Nordstrom, Tod’s and L’Occitane are all pushing for privatisation. Ultimately, their fate will not be determined by whether they are under the scrutiny of public investors.