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.
From where aspirational customers are spending to Kering’s challenges and Richemont’s fashion revival, BoF’s editor-in-chief shares key takeaways from conversations with industry insiders in London, Milan and Paris.
BoF’s editors pick the best shows of the Autumn/Winter 2024 season.
At Paris Fashion Week creative spark was scarce, but there were bolts of imagination from designers across the aesthetic spectrum, writes Angelo Flaccavento.
Megabrands duke it out, but Miuccia Prada wins the day, writes Tim Blanks.
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A handful of the most interesting designers showing at Paris Fashion Week owe a debt to Comme des Garçons founder Rei Kawakubo, writes Tim Blanks.
But the surging energy of the show ended in a strange, suspended moment, writes Tim Blanks.
Seán McGirr’s Debut for McQueen: Anticipation and Controversy
But domestic bliss takes on more complex shadings when viewed through designer eyes, writes Tim Blanks.
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The designer must strike a balance between staying faithful to Demeulemeester’s vision and moving things forward. Angelo Flaccavento gets a sneak peek at his latest collection.
Over the past 20 years, Chemena Kamali has worked for two creative directors at the brand. Now she gets her chance to shape it, writes Tim Blanks.
In a new video series, Imran Amed and Tim Blanks talk to industry insiders about what makes a fashion brand unique.
Jun Takahashi, Dries Van Noten and Nicolas Di Felice make it impossible to see the everyday in the same way ever again.
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.