Prada Group’s revenues rose 17 percent excluding currency shifts to €3.3 billion in the first nine months of the year, the Milanese fashion company said …
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Retail
Advent Nears $1 Billion Deal for Retail Brand Zimmermann
Private equity firm Advent International is nearing a deal to acquire Zimmermann in a transaction valuing the Australian fashion brand at about $1 billion, people …
US Retail Sales Edge Higher as Key Metric Shows Resilient Demand
US retail sales rose by less than forecast, while an underlying measure of household spending pointed to a more resilient consumer at the end of …
Prada’s Path to Retail Performance
Prada Group’s new CEO Andrea Guerra has voiced his ambition to double its flagship brand’s retail space productivity, identifying this as the most important opportunity …
US Retail Sales See Unexpected Growth
US retail sales unexpectedly rose in May, showcasing resilient consumer demand in the face of mounting economic challenges. The value of retail purchases climbed 0.3 …
Target Sheds $14 Billion in Value on Retail Uncertainty, LGBTQ Backlash
Target Corp. has erased almost $14 billion in market value since it reported earnings last month, and some on Wall Street see more pain ahead …
US Retail Sales Increase in Sign of Steady Consumer Spending
US retail sales increased in April, suggesting consumer spending is holding up in the face of economic headwinds including inflation and high borrowing costs. The …
New Asian Shoppers Drive Japan’s Travel Retail Boom
SHANGHAI, China — This week hundreds of millions of Chinese travellers are on the move as the National Day Golden Week holiday causes airports and …
Aditya Birla Fashion and Retail Acquires TCNS Clothing
The Indian company will take a 51 percent stake in the local fashion group in a deal valued at 1650 crore rupees (about $202 million). …
RFID’s ‘Quiet Revolution’ in Retail
On a recent Saturday, shoppers at the Zara store in New York’s SoHo neighbourhood queued in line to drop their new finds into large bins …
How Beauty Brands Can Pick the Right Retail Partner
When Loops, a face mask-focussed skin care brand, first launched at the end of 2020, it exclusively sold through its direct-to-consumer channels. After all, the …
BoF LIVE | The Evolving Art of Luxury Experiential Retail
20th April at 17:00 BST / 12:00 EDT Featuring Andrew Lutfy, chief executive, Carbonleo and visionary and lead investor, Royalmount and David Gester, chief development …
BoF Insights | The Evolving Art of Luxury Experiential Retail
This report was created in partnership with Royalmount, the forthcoming luxury shopping district in the heart of Montreal by real estate developer Carbonleo. Luxury shopping …
Where to Focus Retail Technology Investment in 2023
Technology will reach an inflection point in the fashion industry this year, as the development of artificial intelligence (AI) accelerates and the hype around web3 …
Invisible Collection on the Future of Interior Design in Fashion Retail
Having launched as a digital-only interior design platform in 2016, Invisible Collection is positioned as a pioneer in luxury homeware e-commerce, selling a curated, contemporary …
BoF LIVE | How Retail Careers Are Evolving
Join us on Monday, March 27 at 15:00 BST / 10:00 EDT for #BoFLIVE, Lana Todorovich, president and chief merchandising officer of Neiman Marcus Group, …
From retail to transport: how AI is changing every corner of the economy | Artificial intelligence (AI)
The high profile race to enhance their search products has underscored the importance of artificial intelligence to Google and Microsoft – and the rest of …
How Some Brands Are Beating the Retail Slowdown
If America’s economy is in a slump, someone forgot to tell its biggest fashion retailers. Coach-owner Tapestry Inc. shares soared Tuesday after the company posted …
Aditya Birla Fashion and Retail Records Declining Profits Amid Sales Growth
The Indian fashion conglomerate reported sales growth of 20 percent to 3589 crore rupees ($435 million) for the quarter ended December 30, largely driven by …
How to Recession-Proof Independent Retail
Wood Wood is defying the odds. In spite of brutal market conditions for independent fashion retailers, the Danish multibrand store, which has flagships in Copenhagen …