Puma Shares Plunge by 18% After Missing Sales and Profit Targets Puma, the renowned sneaker maker, faced a significant setback as its stock plummeted by approximately 18%, marking its lowest level since 2018. The sharp decline came as a result of the company falling short of its sales and profit targets, causing concern among investors […]
Primark-Owner ABF Cuts Guidance on Tough UK Retail Market
Primark-Owner ABF Cuts Guidance on Tough UK Retail Market Associated British Foods Plc, the owner of the popular fast-fashion retailer Primark, recently made headlines by lowering its sales growth forecast. The company cited weak UK consumer sentiment as a primary factor contributing to this adjustment, alongside a significant 6.4 percent drop in like-for-like sales during […]
Running’s Big Fashion Opportunity
Running’s Big Fashion Opportunity The explosive growth of running has created a competitive space where new and old running brands must figure out distinct ways to reach consumers who see running as a lifestyle rather than just sport. As more people lace up their sneakers and hit the pavement, the intersection of running and fashion […]
The Philosophy Behind Lemaire’s $100 Million Ascent
The Philosophy Behind Lemaire’s $100 Million Ascent In the fast-paced world of fashion, where trends come and go like the wind, one Paris-based label has managed to carve out a unique niche for itself by staying true to its core philosophy. Lemaire, known for its androgynous and utilitarian designs, has seen a remarkable rise in […]
The BoF Podcast | How Skims and On Create Cultural Relevance
Building Culture-Shaping Brands: The Success of Skims and On Skims co-founder Jens Grede and On co-founder David Allemann are at the forefront of a new wave of brands that are not just following trends but actively shaping culture. Their brands, Skims and On, have quickly become household names, known for their product innovation and ability […]
Lululemon Regains Momentum on Strong Holiday Sales
Lululemon Regains Momentum on Strong Holiday Sales The athleisure giant, Lululemon, is making waves once again in the retail industry as it announces a significant uptick in its fourth-quarter sales outlook. With an expected revenue increase of 11 percent to 12 percent, the company is showcasing its resilience against the backdrop of rising competition and […]
India to Promote Its Textiles as Political Crisis Hits Bangladesh’s Exports, Say Sources
India Gears Up to Seize Opportunity as Bangladesh’s Textile Exports Face Uncertainty An ongoing political crisis in neighbouring Bangladesh has created ripples in the global textile industry, prompting major retailers to scout for alternative sourcing destinations. The turmoil in Bangladesh, a key player in the global garment manufacturing sector, has pushed international buyers to consider […]
Y/Project Is Officially Shutting Down
Y/Project Is Officially Shutting Down Y/Project, the Parisian fashion label celebrated for its avant-garde designs under the creative direction of Belgian designer Glenn Martens, has come to a halt. The brand, recognized for its innovative take on twisted denim and ruched silhouettes, has made a significant mark on the fashion industry since its inception. However, […]
Birkenstock Sues ‘Copycat’ Rivals Claiming Its Sandals Are Applied Art
Birkenstock Sues ‘Copycat’ Rivals Claiming Its Sandals Are Applied Art German footwear giant, Birkenstock, known for its iconic cork-soled sandals, is currently embroiled in a legal battle that could have far-reaching implications for the fashion industry. The company is seeking to have its beloved sandals recognized as “works of applied art” and thus protected by […]
What’s Behind the 2025 M&A Wave
The Rise of Mergers and Acquisitions in 2025: A Closer Look at True Religion, Kapital, and Christian Lacroix In recent times, the business world has witnessed a flurry of mergers and acquisitions, with notable brands such as True Religion, Kapital, and Christian Lacroix changing ownership. These shifts in the market landscape have sparked discussions and […]