The second quarter saw comparable store sales fall 6 percent, compared with 45 percent in the first quarter, while sales returned to growth in the month of October, according to Burberry.
The coveted streetwear brand found its new corporate home at VF Corp., but the deal had a middle-of-the-pack valuation.
The firm’s New Guards deal is helping drive the platform as it pushes its partnership with Alibaba and Richemont.
These little tabs go a long way in revealing Instagram’s priorities. And Reels and shopping have hit center stage.
It’s been one the strangest years ever for weather, but the forecast ahead looks good for retail.
A new series of Amazon lawsuits over luxury counterfeits alleges “bad actors” conspired to peddle fakes through Instagram and TikTok.
Women’s apparel sales underperformed in the period.
Burberry has turned a corner, with comparable store sales returning to growth in October, a new, younger customer base and a punchy plan to slash markdowns and preserve full-price sales.
The capsule with Mitchell & Ness starts with the NFL and will include the NBA and MLB in future collections.
The U.S. business of the Italian luxury leather brand appeared in New York court to establish a fast-tracked reorganization.
Around 200 staffers at the likes of Bustle, Nylon, The Zoe Report and Input have unionized with the Writers Guild of America, East.
This will be the eighth summit, but the first time it has been held virtually.
New October pulse report from Deloitte’s InSightIQ team reveals how consumers kicked off the holiday shopping season.
Luca Dini, Condé Nast Italia’s editorial director since 2017, is leaving the company to pursue other opportunities.
Penney’s chief merchandising officer says the latest private brand offers style with comfort and function.
It’s a new day for women of color in leadership.
GCDS cofounders Giuliano and Giordano Calza will maintain their roles at the streetwear brand they founded in 2015.
Elite USA is the first modeling agency to provide health-care access and coverage to its models.
YouCam announces new Google partnership to power more augmented reality try-ons from brands across the massive YouTube video platform.
Condé Nast chief people officer Stan Duncan made the announcement in a staff memo.
But Wall Street wasn’t satisfied. Company shares fell more than 13 percent as a result.
But the watchmaker continues to expect declines with fourth-quarter sales off as much as 40 percent.
The publisher of People and InStyle has stressed that there are no imminent plans for a separation.
Neiman Marcus said Daz McColl has become chief marketing officer and no longer holds that job on an interim basis.
Trump seems to have forgotten all about TikTok. Now the short video platform is looking to save itself in the 11th hour.
The Brooklyn-based lingerie shop alleges Bernstein’s brand WeWoreWhat violated copyright infringement by reproducing its designs — and has asked the courts for a trial by jury.
Third-quarter revenues at the Italian luxury group showed improvements.
OTB, Missoni, Dolce & Gabbana, Calzedonia Group, Golden Goose and Salvatore Ferragamo’s executives were among the speakers at the 25th edition of the Pambianco fashion summit.
She stepped into the role on an interim basis in July, immediately after Troy Young’s ousting.
Research from Periscope by McKinsey shows that Black Friday is here to stay despite changing consumer behavior and COVID-19 lockdowns.
The Italian Stock Exchange rewarded Ferragamo’s performance, which analysts said beat expectations.
The new format helps the Chinese tech giant blow past its record last year, but festival hype was dampened by antitrust and courier concerns.
The agreement with Buddy’s Home Furnishings allows Bebe to tap into the lucrative home furnishings market.
Top and bottom line were dented by the lack of tourist flows and lockdowns across the globe.
The company teamed with real estate players Covivio and Coima SGR for a 180 million-euro deal.
Lenzing partnered with Textile Genesis to ensure traceability of textiles from fiber to production and distribution.
The platform allows retailers to make direct payments to climate change initiatives.
The deal is another step in Ascena’s restructuring through bankruptcy proceedings.
A consumption tax hike in the same month last year helped to counteract ongoing effects of the coronavirus pandemic
Allan Ellinger, founder and senior managing partner of MMG Advisors, sees the current market as ripe for making acquisitions.
Keith, who spent the last 25 years in Hong Kong, was most recently president of Lane Crawford and Joyce.
The landlord’s take on retail is growing in importance as his empire grows with a stake in J.C. Penney.
Many feel that there’s a lack of standardization, sell-through data and proper support from retail accounts.
Campbell joins the brand from social networking app Tinder, where she was chief marketing officer.
Retail gains in China helped boost the performance at the Florence-based company.
Animal activists are calling for a total ban as a result of the COVID-19 infections on Danish mink farms, while fur traders see opportunity for long-term growth.
Enrico Mambelli joined the Italian fashion business in 2019 tasked with spearheading the company’s debut on the Milan Bourse.
Printemps, which recently named a new ceo, plans to close four department stores and three branches of its urban apparel chain Citadium.
New data shows certain major magazines have had a tough time with audiences so far this year, but a few have managed to thrive.
Rotheram reports to Javier Ferrán, the chairman and co-owner of the company along with BlackRock Long Term Private Capital.