Saks Finalises Acquisition of Neiman Marcus Group
The $2.7 billion merger counts Amazon, G-III Apparel Group and Authentic Brands Group as investors.
Nordstrom Goes Private in $6.25 Billion Deal
Upon closing, the Nordstrom family will own just over 50 percent of the company, while Mexican retailer Liverpool will own the rest.
Real Estate Can’t Save Department Stores
Their struggling, often bloated businesses and valuable properties make them tempting targets for investors. Selling off these assets can be lucrative, but rarely produces retail success stories.
J.Crew: How to Build an ‘Ageless’ Brand
As the four-decade-old American retailer projects record sales this year, CEO Libby Wadle unpacks how she and her design team were able to win back alienated customers for the BoF-McKinsey State of Fashion 2025.
Is the Luxury Watch Market Turning a Corner?
While demand still lags behind supply, some observers believe Swiss timepieces will see renewed interest in the face of tech fatigue and disillusionment with luxury fashion.
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Lord & Taylor Will Relaunch as an Online Off-Price Retailer
Under anonymous new owners, the iconic department store has a new identity as a discount luxury e-commerce site and a licensed brand name to be distributed in department stores.
Retail
The Debrief | The Future of Resale
Retail editor Cathaleen Chen and e-commerce correspondent Malique Morris join senior correspondent Sheena Butler-Young and executive editor Brian Baskin to unpack how resale has evolved from niche to mainstream, and what may be in store for the future of secondhand shopping.
The Debrief | The Future of Resale
Retail editor Cathaleen Chen and e-commerce correspondent Malique Morris join senior correspondent Sheena Butler-Young and executive editor Brian Baskin to unpack how resale has evolved from niche to mainstream, and what may be in store for the future of secondhand shopping.
Where Does Michael Kors Go From Here?
Without Tapestry, Capri Holdings has a tough road ahead to return its biggest brand to growth.
Retail
Tapestry and Capri Call Off Their Merger
The $8.5 billion deal is off after the US Federal Trade Commission successfully blocked it in court. In announcing the termination, the Coach-owner said it would buy back stock, while Capri outlined a turnaround plan that includes closing some Michael Kors stores.
Tapestry and Capri Call Off Their Merger
The $8.5 billion deal is off after the US Federal Trade Commission successfully blocked it in court. In announcing the termination, the Coach-owner said it would buy back stock, while Capri outlined a turnaround plan that includes closing some Michael Kors stores.
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Julie Bornstein Unveils the ‘ChatGPT of Shopping’ at BoF VOICES 2024
In the first public demonstration of her new AI shopping platform, Daydream, the fashion e-commerce veteran outlined her vision of how generative AI will transform product search and discovery.
Trump’s Victory Has the Fashion Industry Asking: What Just Happened?
Fashion insiders are reckoning with the sweeping implications — policy and beyond — of a second administration under Donald Trump.
The Secrets to Aritzia’s Explosive Growth, According to Its Superfans
The retailer’s idiosyncratic approach, from its price point to its fitting rooms, has allowed the chain to rapidly scale in recent years.
The Blocking of the Tapestry-Capri Merger Spells Trouble for American Fashion
The dream of creating an American answer to LVMH and Kering faced a major setback this week after a federal judge championed the Federal Trade Commission’s narrow definition of the sub-luxury handbag market.
The News in Brief
Vera Wang Brand Acquired by Fashion Holding Company WHP Global
The designer will continue to serve as founder and chief creative officer.
The RealReal Names Rati Sahi Levesque as New CEO
The long-time company executive will replace John Koryl in the top role.
PVH Corp. Reports 6 Percent Sales Drop, Driven By Weak International Segment
The owner of Tommy Hilfiger and Calvin Klein saw a modest increase in North America sales for its two major brands
Fred Segal Shutters in Los Angeles
The iconic West Coast retailer has closed two stores in LA and shut down its website.
Nike Design Exec Tania Flynn Lands at Athleta
Flynn will be the Gap Inc.-owned activewear brand’s new head of design. She most recently served as Nike’s vice president and creative director of apparel design.
J.Crew Store Reopens in Soho
The American apparel chain will reopen a womenswear store in the retail neighbourhood since its last location closed in 2018.
Gap Names PepsiCo Exec as Global Chief Marketing Officer
Fabiola Torres, who has also held leadership roles at Nike and Apple, will oversee the group's marketing, merchandising and store experience functions.