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Business Features

José Neves’ Vision Paying Dividends for Farfetch

The firm’s New Guards deal is helping drive the platform as it pushes its partnership with Alibaba and Richemont.

BBC Russian 5hEvan Clark

Instagram announces new tabs for Reels and shopping.

Technology

Instagram Redesign Puts Reels, Shopping Front and Center

These little tabs go a long way in revealing Instagram’s priorities. And Reels and shopping have hit center stage.

BBC Russian 6hAdriana Lee

Retail

Mother Nature to Help Retailers in December

It’s been one the strangest years ever for weather, but the forecast ahead looks good for retail.

BBC Russian 6hDavid Moin

FILE - In this Feb. 14, 2019 file photo, people stand in the lobby for Amazon offices in New York. Amazon is providing a tool that will allow brands to remove listings from its site themselves that they consider to be for counterfeit goods. The online giant is also launching a product serialization service, which allows brands to put unique codes on their products during the manufacturing process. The codes are then scanned by Amazon to confirm authenticity once purchased. (AP Photo/Mark Lennihan, File)

Technology

Amazon Lawsuits: Luxury Counterfeiters Wielded Social to Peddle Fakes

A new series of Amazon lawsuits over luxury counterfeits alleges “bad actors” conspired to peddle fakes through Instagram and TikTok.

BBC Russian 6hAdriana Lee

The beauty department at Dillard's is shown at Fashion Show Mall Wednesday, May 23, 2012, in Las Vegas (Ronda Churchill/Freelance)

Retail

Dillard’s Reports Improved Profits, But Holiday Remains a Mystery

Women’s apparel sales underperformed in the period.

BBC Russian 7hJean E. Palmieri

Burberry Campaign

Financial

Burberry’s Youthquake in U.S., China Fuels Pickup in Sales

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.

BBC Russian 8hSamantha Conti

A look from the Sports Illustrated x Mitchell & Ness capsule.

Retail

Sports Illustrated Covers to Be Printed on Apparel, Hats

The capsule with Mitchell & Ness starts with the NFL and will include the NBA and MLB in future collections.

BBC Russian 8hJean E. Palmieri

The Furla store in Florida at Avenura Mall.

Legal

Furla USA Sets Up for Swift Bankruptcy Exit

The U.S. business of the Italian luxury leather brand appeared in New York court to establish a fast-tracked reorganization.

BBC Russian 11hSindhu Sundar

Bustle Digital Group's brands.

Media

Bustle Digital Group Voluntarily Recognizes Union

Around 200 staffers at the likes of Bustle, Nylon, The Zoe Report and Input have unionized with the Writers Guild of America, East.

BBC Russian 11hKathryn Hopkins

Tracee Ellis Ross

Media

Tracee Ellis Ross, Misty Copeland and Megan Rapinoe to Speak at Forbes Power Women’s Summit

This will be the eighth summit, but the first time it has been held virtually.

BBC Russian 13hKathryn Hopkins

online holiday shopping

Business Features

Prime Day and Promotions Lead Holiday’s First Wave

New October pulse report from Deloitte’s InSightIQ team reveals how consumers kicked off the holiday shopping season.

BBC Russian 14hAlexandra Pastore

Jane Fonda on the cover of Vanity Fair Italia.

Media

Condé Nast Italia Editorial Director Exits Media Company

Luca Dini, Condé Nast Italia’s editorial director since 2017, is leaving the company to pursue other opportunities.

BBC Russian 14hMartino Carrera

860 172

Retail

Penney’s New ‘Stylus’ Brand Geared to Fill a Void

Penney’s chief merchandising officer says the latest private brand offers style with comfort and function.

BBC Russian 18hDavid Moin

Democratic presidential candidate ​Kamala Harris ​speaks at the third day of the National Action Network's 26th national convention in New York City on April 5, 2019. The convention featured speeches and panel discussions around issues such as voting rights, criminal justice reform, immigration, health care, education, corporate responsibility, and economic equity. (Photo by Michael Nigro/Sipa USA)(Sipa via AP Images)

Business Features

We’re Speaking: Women of Color Are Changing the Face of Leadership

It’s a new day for women of color in leadership.

BBC Russian 24hTara Donaldson

GCDS RTW Spring 2021

Mergers and Acquisitions

GCDS Sells Majority Stake to Made in Italy Fund

GCDS cofounders Giuliano and Giordano Calza will maintain their roles at the streetwear brand they founded in 2015.

BBC Russian 24hMartino Carrera

Elite USA

Media

Elite Model Management to Offer Insurance for Models

Elite USA is the first modeling agency to provide health-care access and coverage to its models.

BBC Russian 24hLisa Lockwood

Perfect Corp. will bring its YouCam augmented reality technology to YouTube for virtual beauty try-ons.

Technology

YouTube Ups Beauty AR Game With YouCam Partnership

YouCam announces new Google partnership to power more augmented reality try-ons from brands across the massive YouTube video platform.

BBC Russian November 11, 2020Adriana Lee

**FILE PHOTO** CNN's Jeffrey Toobin Suspended After Exposed on Zoom Call. NEW YORK - MARCH 30: Jeffrey Toobin attends a screening of the final episode of FX's 'The People v. O.J. Simpson: American Crime Story' at the AMC Empire 25 on March 30, 2016 in New York City. Credit: PGDC/MediaPunch /IPX

Media

Jeffrey Toobin Fired From The New Yorker

Condé Nast chief people officer Stan Duncan made the announcement in a staff memo.

BBC Russian November 11, 2020Kathryn Hopkins

Winnie HarlowRevolve Party, Coachella Valley Music and Arts Festival, Weekend 1, Day 2, La Quinta, USA - 13 Apr 2019

Financial

Revolve Group Has One of Its Best Quarters Yet

But Wall Street wasn’t satisfied. Company shares fell more than 13 percent as a result.

BBC Russian November 11, 2020Kellie Ell

Fossil

Financial

Fossil Stock Jumps as Cost Cuts Lead to Profits

But the watchmaker continues to expect declines with fourth-quarter sales off as much as 40 percent.

BBC Russian November 11, 2020Evan Clark

Meredith

Media

Meredith Shareholders Pave Way for Potential Split

The publisher of People and InStyle has stressed that there are no imminent plans for a separation.

BBC Russian November 11, 2020Kathryn Hopkins

Retail

Neiman Marcus Shuffles Women’s Merchants

Neiman Marcus said Daz McColl has become chief marketing officer and no longer holds that job on an interim basis.

BBC Russian November 11, 2020David Moin

FILE - This Feb. 25, 2020, file photo, shows the icon for TikTok in New York. The popular video-sharing app TikTok, its future in limbo since President Donald Trump tried to shut it down earlier this fall, is asking a federal court to intervene. "With the November 12 CFIUS deadline imminent and without an extension in hand, we have no choice but to file a petition in court to defend our rights and those of our more than 1,500 employees in the US,” TikTok said in a written statement Tuesday, Nov. 11, 2020. (AP Photo/File)

Technology

TikTok Seeks Last-Minute Reprieve From Nov. 12 Divestiture Deadline

Trump seems to have forgotten all about TikTok. Now the short video platform is looking to save itself in the 11th hour.

BBC Russian November 11, 2020Adriana Lee

Danielle Bernstein

Legal

Disputes Between The Great Eros and Danielle Bernstein Continue

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.

BBC Russian November 11, 2020Kellie Ell

Tod's Resort 2021

Financial

China, Digital Help Tod’s as Group Reports Drop in 9M Sales

Third-quarter revenues at the Italian luxury group showed improvements.

BBC Russian November 11, 2020Luisa Zargani

OTB ceo Ubaldo Minelli

Business Features

Facing Unprecedented Times: Italian Executives Discuss Their Strategies

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.

BBC Russian November 11, 2020Alessandra Turra

Debi Chirichella

Media

Debi Chirichella Named President of Hearst Magazines

She stepped into the role on an interim basis in July, immediately after Troy Young’s ousting.

BBC Russian November 11, 2020Kathryn Hopkins

A person wearing a face covering walks past a Christmas window display at a hairdresser in Bathgate, West Lothian.

Retail

Rest Assured, Black Friday Still Biggest Shopping Event

Research from Periscope by McKinsey shows that Black Friday is here to stay despite changing consumer behavior and COVID-19 lockdowns.

BBC Russian November 11, 2020Tianwei Zhang

Backstage at Salvatore Ferragamo RTW Spring 2021

Financial

Salvatore Ferragamo Shares Rise After Improvements in Q3

The Italian Stock Exchange rewarded Ferragamo’s performance, which analysts said beat expectations.

BBC Russian November 11, 2020Luisa Zargani

Alibaba Singles' Day

Retail

Alibaba’s Singles’ Day Sale Nearly Doubles to $74.1 Billion

The new format helps the Chinese tech giant blow past its record last year, but festival hype was dampened by antitrust and courier concerns.

BBC Russian November 11, 2020Tiffany Ap

Bebe

Financial

Bebe Stores Inks Deal to Purchase 47 Buddy’s Home Furnishings for $35 Million

The agreement with Buddy’s Home Furnishings allows Bebe to tap into the lucrative home furnishings market.

BBC Russian November 11, 2020Kellie Ell

Alberta Ferretti RTW Spring 2021

Financial

Effects of Pandemic Hurt Aeffe but Q3 Shows Signs of Improvement

Top and bottom line were dented by the lack of tourist flows and lockdowns across the globe.

BBC Russian November 11, 2020Luisa Zargani

The Scalo Porta Romana area.

Real Estate

Prada Holding Invests in Milanese Former Railway Yard

The company teamed with real estate players Covivio and Coima SGR for a 180 million-euro deal.

BBC Russian November 11, 2020Sandra Salibian

Lenzing

Business Features

Lenzing Carves New Path for Textile Transparency With Blockchain

Lenzing partnered with Textile Genesis to ensure traceability of textiles from fiber to production and distribution.

BBC Russian November 11, 2020Tracey Meyers

Multiple Coal Fossil Fuel Power Plant Smokestacks Emit Carbon Dioxide Pollution

Business Features

Stripe Rolls Out Payments Feature for Green Investments

The platform allows retailers to make direct payments to climate change initiatives.

BBC Russian November 11, 2020Madeleine Streets

Retail

Ascena Auctions Off Justice IP and Assets

The deal is another step in Ascena’s restructuring through bankruptcy proceedings.

BBC Russian November 11, 2020David Moin

Takashimaya Nihonbashi

Financial

Retailers in Japan Post Mixed October Sales

A consumption tax hike in the same month last year helped to counteract ongoing effects of the coronavirus pandemic

BBC Russian November 11, 2020Kelly Wetherille

Allan Ellinger

Business Features

Fashion M&A Update: Now Is the Time to Buy

Allan Ellinger, founder and senior managing partner of MMG Advisors, sees the current market as ripe for making acquisitions.

BBC Russian November 11, 2020WWD Staff

HONG KONG, HONG KONG - MARCH 23:  Andrew Keith attends the British Fashion Council Cocktail Reception to celebrate British Fashion, Design & Creativity at Potato Head on March 23, 2018 in Hong Kong. (Photo by Keith Tsuji/Getty Images for the British Fashion Council)

Human Resources

Andrew Keith Named Managing Director of Selfridges & Co.

Keith, who spent the last 25 years in Hong Kong, was most recently president of Lane Crawford and Joyce.

BBC Russian November 11, 2020Samantha Conti

j.c. penney store

Financial

David Simon as Retailer With J.C. Penney

The landlord’s take on retail is growing in importance as his empire grows with a stake in J.C. Penney.

BBC Russian November 10, 2020Evan Clark

Olivia Skuza and Heath Wells, founders and co-chief executive officers of NuOrder

Markets

NuOrder Surveys Brands on Future Outlook of Wholesale Business

Many feel that there’s a lack of standardization, sell-through data and proper support from retail accounts.

BBC Russian November 10, 2020Lisa Lockwood

Jenny Campbell

Human Resources

Kate Spade Names Jenny Campbell Chief Marketing Officer

Campbell joins the brand from social networking app Tinder, where she was chief marketing officer.

BBC Russian November 10, 2020Lisa Lockwood

Backstage at Salvatore Ferragamo RTW Spring 2021

Financial

Salvatore Ferragamo Sees Signs of Recovery in Q3 but COVID-19 Dents 9 Months

Retail gains in China helped boost the performance at the Florence-based company.

BBC Russian November 10, 2020Luisa Zargani

Yves Salomon RTW Fall 2019

Government and Trade

After Denmark’s Cull of 15 Million Minks, Can the Fur Industry Recover?

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.

BBC Russian November 10, 2020Natalie Theodosi

Elisabetta Franchi RTW Spring 2021

Human Resources

Elisabetta Franchi’s Parent Company CEO Exits

Enrico Mambelli joined the Italian fashion business in 2019 tasked with spearheading the company’s debut on the Milan Bourse.

BBC Russian November 10, 2020Martino Carrera

Outside the new Printemps de la Beauté.

Retail

Printemps to Shut Stores, Cut 428 Jobs in Restructuring Plan

Printemps, which recently named a new ceo, plans to close four department stores and three branches of its urban apparel chain Citadium.

BBC Russian November 10, 2020Joelle Diderich

magazines

Media

Some Magazines Suffering Amid Pandemic, Online and Off

New data shows certain major magazines have had a tough time with audiences so far this year, but a few have managed to thrive.

BBC Russian November 10, 2020Kali Hays

100ML Creed Aventus 10 Anniversary

Human Resources

Sarah Rotheram Named CEO of Creed Fragrances

Rotheram reports to Javier Ferrán, the chairman and co-owner of the company along with BlackRock Long Term Private Capital.

BBC Russian November 10, 2020Samantha Conti

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BBC Russian 24hBridget Foley

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