Category: Fashion

Amazon will struggle to beat Temu and Shein at their own game, and in the process, it risks devaluing what has become its core proposition: convenience. Over the past two weeks, Amazon has pursued dual strategies in selling both high-end and budget goods. The company’s recent decision to assist Hudson’s Bay Co., owner of Saks […]

When the immersive London exhibition venue Lightroom announced The Moonwalkers, a high-budget production narrated by Tom Hanks charting the first landing on the lunar surface, the aim was to allow visitors to relive those historic small steps and the “giant leap for mankind.” For the venue’s next project, the focus will be on historic steps […]

In today’s competitive market, brands are recognizing the need to balance direct-to-consumer (DTC) and wholesale strategies. Exclusively focusing on either can limit their growth potential. The key lies in harmonizing both approaches to maximize sales and profits. Emerging and established labels are increasingly streamlining their retail partners, selecting those that align best with their brand […]

British fashion house Burberry Group Plc is anticipated to lay off hundreds of jobs, primarily in the UK, following a significant drop in its stock market value, according to the Telegraph. In late June, employees were informed via a Zoom meeting that they might face redundancy or would need to reapply for their roles. Burberry […]

The post-pandemic travel boom is showing no sign of slowing. In the US, daily travelers passing through airport security have reached all-time highs, according to the Department of Transportation. July 4th saw record numbers of Americans hitting the road. Meanwhile, Chinese tourists are taking international trips nearing pre-Covid levels, with outbound trips reaching 89% of […]

The BoF Podcast | Tim Blanks and Imran Amed on Haute Couture Week 2024 The Paris Couture Week has wrapped up, leading BoF’s editor-at-large, Tim Blanks, and editor-in-chief, Imran Amed, to discuss the highlights and their key takeaways. Their discussion not only covered significant collections but also explored the emotional farewell of Dries Van Noten […]

Saks’ Online CEO, Marc Metrick, asserts that Amazon’s tech expertise will be crucial for the merger of Saks Fifth Avenue and Neiman Marcus. The $2.65 billion deal is set to create a robust entity aimed at tackling the retail sector’s woes. Amazon and Salesforce will acquire minority stakes in the new company, leveraging their strengths […]

Thomas Lenthal, co-founder of System, Paradis, and Numéro magazines, and Donatien Grau, a renowned critic and scholar at the Musée du Louvre, are set to launch a new bi-annual print magazine. This initiative promises to bridge the gap between art, fashion, and contemporary culture. Lenthal, who has successfully directed campaigns for high-profile brands like Dior, […]

Arkhouse, Brigade Capital Raise Buyout Offer for Macy’s to $6.9 Billion, WSJ Reports Shares of Macy’s saw a 1.1% rise in after-market trading following news that Arkhouse Management and Brigade Capital Management have raised their bid to purchase the iconic department store chain. The Wall Street Journal reported on Wednesday, citing insiders, that the new […]

Japanese beauty giant Shiseido is expanding its fragrance portfolio. On Thursday, the Tokyo-based company announced a “long-term” agreement with Italian fashion house Max Mara to develop, produce, market, and distribute branded fragrances. This marks Max Mara’s return to the fragrance market after discontinuing its scent line in the mid-2000s. Shiseido’s Licensing Strategy This collaboration adds […]