Svoboda | Graniru | BBC Russia | Golosameriki | Facebook
evaespresso.com

Retail

Harrods Posts Modest Gains in Sales, Profits in 2019-20, Pre-COVID-19

The London store has published its 2019-20 numbers, before COVID-19 quarantines and lockdowns took hold, and altered the face of British retail.

BBC Russian 30mSamantha Conti

Close Up Of Woman Shopping For Clothes Online Using Mobile Phone App

Technology

Emarsys Launches AI-Powered Personalization Solution

The technology combines product data with consumer behavior data.

BBC Russian 1hArthur Zaczkiewicz

Fraud Alert Caution Defend Guard Notify Protect Concept

Technology

Forter, FreedomPay Team on Fraud-Proof Checkout Solution

The solution allows for real-time confirmation of potential fraudulent customers.

BBC Russian 2hMadeleine Streets

Assouline

Retail

Neiman’s Recasts Fantasy Gifts and the Whole Holiday Approach

For holiday 2020, the Dallas-based luxury retailer takes a different tone and adjusts the mix to a broader assortment of gifts across a spectrum of prices.

BBC Russian 3hDavid Moin

Group Nine brands

Media

Media Carousel: Group Nine’s New Diversity, Equity and Inclusion Head and More

A roundup of the latest jobs goings-on in the media world over the past few weeks.

BBC Russian 5hKathryn Hopkins

Farfetch's José Neves

Technology

Farfetch Talks ‘Luxury New Retail’ Initiative

Farfetch ceo José Neves sits with WWD to discuss the new initiative coming out of its $1.15 billion deal with Alibaba, Richemont and Artemis.

BBC Russian 12hAdriana Lee

Jonathan Adler

Retail

A Look at the 2020 Fantasy Gifts from Neiman Marcus

BBC Russian 12hWWD Staff

Johann Rupert, Federico Marchetti

Financial

Rupert’s Dream Realized: An All-Embracing Platform for Digital Luxury

Richemont’s chairman said the China-focused, global partnership with Farfetch and Alibaba will help smaller luxury players “fight giants like Amazon,” and give fashion and accessories brands greater access to a market with explosive growth.

BBC Russian 12hSamantha Conti

stock chart

Financial

The Post-election Consumer World

President-elect Joseph Biden is looking to move on from election season.

BBC Russian 12hEvan Clark

The president-elect and vice president-elect with their spouses, Jill Biden, far left, and Doug Emhoff, far right.

Government and Trade

Joe Biden and Kamala Harris Win Election — and Social

The running mates become the president-elect and vice president-elect; social media goes into overdrive and Biden goes into planning mode. 

BBC Russian November 7, 2020Adriana Lee

The J. C. Penney's at Herald Square.

Legal

J.C. Penney Heads to Sale Hearing as Shareholders Dispute Value

The retailer heads to a hearing Monday on its deal with landlords and lenders, while shareholders have raised questions about value.

BBC Russian November 6, 2020Sindhu Sundar

Brookfield Place, Lower Manhattan, Manhattan

Financial

Brookfield Property Partners Continues to Log Record Losses

But the mall owner said the company will ultimately benefit from a leaner portfolio post-pandemic.

BBC Russian November 6, 2020Kellie Ell

Tanger Outlets in Riverhead, N.Y., photographed in 2016.

Real Estate

Tanger Outlets Impacted by Pandemic; Trends Swinging Positive

Amid the coronavirus, open-air centers and outlets offering steep discounts could fare relatively better than other brick-and-mortar venues.

BBC Russian November 6, 2020David Moin

Walmart

Retail

Walmart Plans to Sell Argentina Business

The retailer revealed plans Friday to sell its Argentina business to Latin American retail business Grupo de Narváez.

BBC Russian November 6, 2020Sindhu Sundar

store window

Financial

Retailers Continue to Expand Payrolls

Specialty stores bounced back with particular vigor, adding 12,600 jobs.

BBC Russian November 6, 2020Evan Clark

Marks & Spencer website

Technology

Marks & Spencer Adds 3-D CAD Capabilities With First Insight and Optitex

The aim is to increase speed to market, and improve product development processes.

BBC Russian November 6, 2020Arthur Zaczkiewicz

The new Mulberry Portobello tote

Financial

Mike Ashley’s Frasers Group Ups Stake in Mulberry

Ashley now owns almost one-third of Mulberry, and if he wants to increase his stake further, he’ll have to make an offer for the company.

BBC Russian November 6, 2020Samantha Conti

Marjon Carlos

Human Resources

Lingerie Start-up Cuup Taps Vogue Writer Marjon Carlos

Carlos now leads Cuup’s editorial team.

BBC Russian November 6, 2020Kellie Ell

Most Texworld visitors chose to wear protective masks.

Business Features

Messe Frankfurt France Replaces February Trade Shows With Small Event

Organizers have canceled the Texworld, Apparel Sourcing, Avantex, Leatherworld and Shawls & Scarves trade shows.

BBC Russian November 6, 2020Mimosa Spencer

A unit of the Rifle Jeans Store network.

Business Features

Rifle Anyone? The Bankrupt Denim Brand Seeks New Owner

The employees of the bankrupt company will be paid for 12 months through national wage compensation funds.

BBC Russian November 6, 2020Alessandra Turra

Cartier ring

Financial

Thanks to China, Richemont Sales Rebound in Q2

After witnessing double-digit declines in sales and profits in Q1, Richemont began to recover in Q2, with China now its single biggest market.

BBC Russian November 6, 2020Samantha Conti

An 88-carat super black diamond, is on display at the 2020 China International Import Expo in Shanghai.

Business Features

Luxury, Beauty Brands and a Black Diamond Shine at China’s CIIE Fair

While major players are flexing their muscles at the third edition of the China International Import Expo, LVMH is noticeably absent. 

BBC Russian November 6, 2020Tianwei Zhang

VF Corp.'s new Orefici 11 retail destination in Milan

Retail

Digital and Retail Transformation: VF Corp. Launches New Holistic Store Concept in Milan

Using an omnichannel approach, Orefici 11 blurs the boundaries between the multi- and monobrand format to offer an elevated consumer experience.

BBC Russian November 6, 2020Alessandra Turra

alibaba farfetch screen

Financial

Mega Partnership: Farfetch Links With Alibaba, Richemont

Kering’s Pinault family is also putting funds into the new luxury retail venture.

BBC Russian November 5, 2020Evan Clark

Protesters hold letters that spell Count Every Vote as they cross an overpass while marching in Portland on Wednesday, Nov. 4, 2020.

Business Features

Property Damage in Portland Leads to 12 Arrests

The city has dealt with violent and criminal acts on a regular basis in recent months.

BBC Russian November 5, 2020Rosemary Feitelberg

Reports say Alibaba is about to give Farfetch a $300 million investment.

Financial

Farfetch, Alibaba, Richemont Join to Accelerate China Business

LONDON — In a landmark union of luxury digital titans, Farfetch, Alibaba Group and Richemont have unveiled a global strategic partnership to provide luxury brands with “enhanced access to the China market,” and to accelerate the digitization of the global luxury industry, the three companies said Thursday. Leveraging each company’s respective expertise and extensive reach, […]

BBC Russian November 5, 2020Samantha Conti

Like millions of other people, Michael Kors went into strict COVID-19 quarantine in March. He and a limited number of staffers returned to the office in mid-June, the better to deal with hands-on issues of design. Kors’ mask of choice: Scalamandre zebras, the same print that once graced the walls of the now-closed Gino’s restaurant, near Bloomingdale’s. Throughout the pandemic, Kors has maintained his long-running trunk-show schedule, only now, via Zoom. He conducted a Neiman Marcus event in front of a wall of portraits he’s collected over the years.

Business Features

Michael Kors, Terry Lundgren Among Honorees at Delivering Good Virtual Gala

The annual event was held virtually and featured music performances by Aloe Blacc and Allen Stone.

BBC Russian November 5, 2020Rosemary Feitelberg

Ennio Fontana

Business Features

Roberto Cavalli’s New GM Maps Out Strategies

Ennio Fontana is banking on revamping the brand with the help of newly appointed creative consultant Fausto Puglisi.

BBC Russian November 5, 2020Luisa Zargani

People Magazine's web site.

Media

People Owner Meredith Sees Tentative Signs of Advertising Comeback

Local media political spot advertising grew 43 percent compared with two years ago, while national digital advertising was up 15 percent year-on-year.

BBC Russian November 5, 2020Kathryn Hopkins

FILE - This June 22, 2019 file photo shows the exterior of the New York Times building in New York. The New York Times Co. said Wednesday, July 22, 2020, that it is promoting its chief operating officer, Meredith Kopit Levien, to CEO. She will start in the new role on Sept. 8, succeeding Mark Thompson, who has been president and CEO since 2012. (AP Photo/Julio Cortez, File)

Media

The New York Times Co. Surpasses 7 Million Subscribers

A surge in digital subscriptions helped to offset falling advertising revenues amid the coronavirus pandemic.

BBC Russian November 5, 2020Kathryn Hopkins

Hanes socks

Financial

HanesBrands Recovery Fails to Impress Wall Street

Company shares plunged more than 20 percent during Thursday’s trading session.

BBC Russian November 5, 2020Kellie Ell

“I’m going to wear most of this stuff from today,” he said, debating whether to buy a commemorative black mesh Nirvana shirt.

Legal

Marc Jacobs Says Nirvana Doesn’t Own Its Dead Smiley Face Logo

The designer claims Kurt Cobain did not create it, either. But Nirvana is looking to fight back.

BBC Russian November 5, 2020Kali Hays

Alibaba Group

Financial

Alibaba Third-Quarter Revenue Up 30%

The company is still well-positioned to capture China’s buoyant consumer recovery but sidesteps questions on Ant Group scrutiny.

BBC Russian November 5, 2020Tiffany Ap

The Canada Goose Short Hills Flagship.

Financial

Canada Goose Returns to Profitability

Ceo Dani Reiss said the brand was accelerating into the cold months and gaining online and in China.

BBC Russian November 5, 2020Evan Clark

Versace

Financial

Michael Kors, Versace Parent Turns $121M Profit for First Gain in 3 Quarters

Shares of Capri Holdings Ltd. surged as a result.

BBC Russian November 5, 2020Kellie Ell

An athletic shoe from Wolverine's Merrell brand.

Markets

Wolverine Beats Forecasts, Sees 2021 Return to Growth

The company expects to return to “meaningful” growth in the first quarter of 2021.

BBC Russian November 5, 2020David Moin

Berta de Pablos-Barbier.

Human Resources

LVMH Appoints Executive to Head Key Champagne Houses

Mars executive Berta de Pablos-Barbier succeeds Stéphane Baschiera, who will retire after 24 years in LVMH’s wines and spirits division.

BBC Russian November 5, 2020Joelle Diderich

Wrangler

Business Features

The Great Outdoors Is Having a Moment in Fashion

Brands weigh in on how outdoor is evolving into a fashion-forward category.

BBC Russian November 5, 2020Tracey Meyers

Lush green mixed forest view

Business Features

Outdoor Musings: Industry Expert Discusses Shoppers’ Return to Nature

Why are we yearning for the outdoors, and why now?

BBC Russian November 5, 2020Tracey Meyers

Furla acquired the Effeuno manufacturing plant in Italy.

Business Features

Italian Fashion to See 30% Drop in 2020 Revenues as New Restrictions Kick Off

A 26.4 percent decrease of exports in Q3 affected the fashion sector in the country, which is facing additional restrictions as the number of infections grow.

BBC Russian November 5, 2020Alessandra Turra

Beyond Black Squares: Fashion’s Diversity Experts on How the Industry Can Avoid Tone-Deaf Missteps

Business Features

Beyond Black Squares: Fashion’s Diversity Experts on How the Industry Can Avoid Tone-Deaf Missteps

A newly ramped-up force of diversity, equity and inclusion officers are here, armed to hold fashion to account and ensure a now unsustainable exclusionary ethos doesn’t prevail.

BBC Russian November 5, 2020Tara Donaldson

Boarded up stores across SoHo in New York .

Retail

Stores Across US Boarding Up for Possible Election Unrest

BBC Russian November 5, 2020WWD Staff

AE x Disney holiday campaign

Retail

EXCLUSIVE: American Eagle and Disney Partner for Holiday Collaboration

The campaign features TikTok stars Addison Rae and Wisdom Kaye, in addition to Mickey and Minnie Mouse.

BBC Russian November 5, 2020Kellie Ell

Navajo rugs in Prescott, Ariz.

Business Features

Who Owns Culture? There’s a Legal Side to the Issue of Cultural Appropriation

The discourse around cultural appropriation in commercial fashion and intellectual property law offer some watchdog mechanisms.

BBC Russian November 5, 2020Sindhu Sundar

Boarded up stores across SoHo in New York .

Retail

Post-Election Day, Some Stores Open Amid Plywood, Many Stay Shut

Stores across the country remain boarded up, as the presidential election remains uncertain.

BBC Russian November 4, 2020Rosemary Feitelberg and Kali Hays

Retail

Qurate Retail Profits Off Revenue Growth

The company capitalized on its home shopping channels with people sheltering in amid the pandemic as well as brand launches and having no retail stores.

BBC Russian November 4, 2020David Moin

American flags flying in front of the historic buildings of Wall Street in the financial district of Manhattan, New York City NYC

Financial

Retail Misses Post-Election Rally on Wall Street

Stocks overall continued to rise despite the drawn-out election, but the justification for those increases seem to have changed.

BBC Russian November 4, 2020Evan Clark

OCTOBER 28th 2020: Facebook, Google and Twitter CEOs testify before the Senate Commerce Committee investigating Big Tech companies content-moderation practices and selective censorship of information. - OCTOBER 6th 2020: A House Judiciary Committee report calls for Congress to break up Big Tech companies. The Democratic-led report concludes after a 16-month probe that Amazon, Facebook, Google and Apple stifle competition and wield "monopoly power". - File Photo by: zz/STRF/STAR MAX/IPx 2020 6/14/20 Atmosphere in and around Wall Street and The New York Stock Exchange in the Financial District of Lower Manhattan, New York City on June 14, 2020 during the coronavirus pandemic amid the aftermath of protests, demonstrations, riots, vandalism and destruction of property in response to the death of George Floyd who died while being arrested by police officers in Minneapolis, Minnesota on May 25th. Here, The Charging Bull bronze sculpture located on Broadway just north of Bowling Green is restored after protesters covered it with fake blood. (NYC)

Technology

With Blue Wave MIA, Big Tech Gets Big Win

Shares of Google, Facebook, Apple and Amazon jump, as Senate contests dash hopes of a Democratic sweep.

BBC Russian November 4, 2020Adriana Lee

Load More BBC Russian

Essentialist

Today's Must Read

Johann Rupert, Federico Marchetti

Business

Rupert's Dream Realized: An All-Embracing Platform for Digital Luxury

BBC Russian 12hSamantha Conti

Social Studies

BBC Russian Global Stock Index

Business Page BBC Russian