Asos Says It Will Take ‘Necessary Actions’ After 18% Drop in Sales
Asos has said it will take “necessary actions” to transform its fortunes after the fast fashion retailer’s first-half losses widened and sales fell by nearly a fifth.
After the SAG strike put red carpets on pause over the summer, the Golden Globes — an event that’s battled controversy in recent years — ushered some much-needed glamour back to Hollywood.
The Lady Gaga star-vehicle is lending welcome buzz to the Gucci name. But the brand has its reasons for keeping the project at arm’s length.
Designer credits and profiles in glossy magazines don’t move the needle like they once did. Here’s what small and mid-sized brands are doing to build awareness.
Gucci dominated the Met Gala's pink carpet, generating more buzz on social media than any other brand. But a single look (or in Lady Gaga's case, four looks) was enough to draw attention to some smaller designers.
Alessandro Michele thrives on a kind of timeless overload, and there is no other designer who embraces huge, difficult ideas with such enthusiasm.
An extra-dimensional spirituality that you can feel but not see animates the designer’s quest at the Italian megabrand.
The British Fashion Council revamped its annual awards show, aiming for a high-wattage, global-scale ‘mix of the Academy Awards and the Met Ball.’
More than pretty faces, they have leveraged their grace and connections to get things done. Meet the 17 models and muses who are new to the #BoF500 this year.
In a city studded with red carpets, the annual benefit — deftly orchestrated by Eva Chow — stands at the growing intersection of art, fashion and entertainment.
Once more Alessandro Michele made magic, but the spell is changing.
The popular Hollywood personality, and Alessandro Michele’s most famous male muse, is the face of Gucci’s fragrance Gucci Guilty Absolute.
Asos has said it will take “necessary actions” to transform its fortunes after the fast fashion retailer’s first-half losses widened and sales fell by nearly a fifth.
The effort to force TikTok’s Chinese parent company ByteDance Ltd to divest its ownership of the social media platform would quickly become law under a plan outlined Wednesday by House Speaker Mike Johnson.
The French publisher has appointed Tunis-based firm Nissa Editions Group as the local licensing partner and Cairo-based fashion media veteran Susan Sabet as both managing director and editor-in-chief of the new title.
The US Federal Trade Commission (FTC) is preparing to sue to block Coach parent Tapestry’s $8.5 billion deal to buy Michael Kors owner Capri Holdings, NYT Dealbook reported on Wednesday, citing people familiar with the matter.
Harvey Nichols has named Julia Goddard chief executive following the departure of Manju Malhotra — who held the post for 25 years — in late 2023.
The capital injection will strengthen the company’s earlier pivot from being an African designer e-commerce site to being a business-to-business venture helping emerging brands enter global retailers.
The German sportswear company now expects to generate operating profit of around €700 million ($743 million), an increase from the previous target of €500 million.
Amid a luxury slowdown, strong performance by LVMH’s perfumes and cosmetics and selective retailing divisions show a healthy appetite for beauty.