Moschino RTW Fall 2021

Financial

U.S. and Wholesale Business Boost Aeffe’s Q1 Sales Growth

Moschino and Alberta Ferretti’s parent company is showing positive signs of recovery with the consolidated sales up 5.1 percent. A 20 percent growth is expected in 2021.

clock May 13, 2021Alessandra Turra

Men's shoes at Neiman's in Fort Worth, Texas. The category is selling.

Retail

Confidential Report: Neiman Marcus Group Cites Sales Rebound

The luxury omnichannel retailer’s report details a Q3 rebound in sales that challenges speculation on the state of its business since emerging from bankruptcy last September.

clock 50mDavid Moin

Graydon Carter and Alessandra Stanley

Media

Media People: Graydon Carter and Alessandra Stanley of Air Mail

The duo, who first worked together more than four decades ago, are now coeditors at Air Mail.

clock 2hKathryn Hopkins

China

Business Features

China, U.S. Rebound, Online Driving Luxury Goods Market Recovery

According to the latest Bain & Company study with Fondazione Altagamma, the outlook for 2021 remains uncertain, based on two possible scenarios playing out in 2021, which would drive sales to amount to between 250 and 295 billion euros.

clock 3hLuisa Zargani

J. Crew in Brooklyn, New York.

Retail

Brendon Babenzien Named J. Crew Men’s Creative Director

J. Crew needs to recover the vitality and creative spirit it had for decades.

clock 4hDavid Moin

Hudson's Bay's online marketplace.

Retail

Mounting Marketplaces: Gamechangers But No Slam Dunk

Marketplace formats are proliferating, opening retailers up to new customers and revenues as well as challenges and risks.

clock 9hDavid Moin

Ulla Johnson was cited as a bestseller at several stores. Here, a dress from Nordstrom.

Retail

Forget the Office, Women Are Buying Clothes to Wear Right Now

Casual summer dresses, pretty blouses and shorts are being scooped up.

clock 9hLisa Lockwood

Scenes from Gucci Garden.

Retail

Gucci Garden Opens Inside the Palazzo della Mercanzia

clock 9hWWD Staff

Woman in a safety mask looking at clothes in a shop. New post covid-19 normality

Retail

Retail Navigates Uncertain Projections of a ‘Return to Normal’

As CDC guidance shifts with the pandemic still ongoing and over half the population yet to be fully vaccinated, apparel retail faces an uncertain comeback.

clock May 14, 2021Sindhu Sundar

Maison Kitsuné

Business Features

Fashion Gets Outdoorsy With Maison Kitsuné x Helinox Collaboration

The new Maison Kitsuné x Helinox collaboration symbolizes a celebration of summer.

clock May 14, 2021Tracey Meyers

Mara Hoffman

Business Features

Conscious Fashion and Lifestyle Network Launches, Supports SDGs

The new network engages creative sectors to support the SDGs and COVID-19 response and recovery for the fashion industry.

clock May 14, 2021Tracey Meyers

shopper mask fashion clothing rack

Financial

Flat April Retail Sales Disappoint

Consumer spending bounced back from a year earlier, but the recent momentum in the market drained away.

clock May 14, 2021Evan Clark

Takashimaya Shinjuku

Retail

Retail Sales in Japan Spike in April Due to COVID-19 Measures

Sales rose on a low comparative base but are likely to fall again in May.

clock May 14, 2021Kelly Wetherille

Fear of God collection for Nordstrom.

Retail

Fear of God to Be Spotlighted in Next Nordstrom Pop-up

The shop will feature the brand’s mainline and Essentials younger-themed collections along with a new footwear drop.

clock May 14, 2021Jean E. Palmieri

A screenshot from NBCUniversal's demo video for its new @homeShopping product.

Technology

Inside NBCU’s Bid to Become a Shopping Powerhouse

With its latest launches front and center, NBCUniversal has its goal in sight — to become the ultimate bridge between media and commerce.

clock May 13, 2021Adriana Lee

The beauty department at Dillard's is shown at Fashion Show Mall Wednesday, May 23, 2012, in Las Vegas (Ronda Churchill/Freelance)

Financial

Dillard’s Notches Profitable First Quarter

Juniors’, men’s and children’s apparel were among the best-performing categories in the period.

clock May 13, 2021Jean E. Palmieri

models wearing clothes from farfetch

Financial

José Neves’ Connected Retail Vision Is Taking Shape

The CEO on bringing bricks and clicks together, and continued online growth as Farfetch’s first-quarter sales run up 46.4 percent.

clock May 13, 2021Evan Clark

Backstage at Burberry RTW Fall 2021.

Financial

Burberry Sees China Growth Despite Xinjiang, Readies New Retail Concept

“We think we can create enormous value out of China,” said Burberry’s CEO Marco Gobbetti, who is kicking off phase two of his plan for the brand, and preparing to open a super-luxe flagship in Knightsbridge.

clock May 13, 2021Samantha Conti

Jon Buscemi

Business Features

Jon Buscemi Launches Brand Incubator For Streetwear Set With Whiskey and $300 Bibles

“My story is juxtaposing luxury and street, and it works in most industries,” Buscemi said of his approach to business.

clock May 13, 2021Booth Moore

Tod's

Business Features

As Luxury Sales Recover, Industry Heavyweights Muse on Post-Pandemic Retail Scenario 

According to a research conducted by KPMG, in the post-COVID-19 era customers will seamlessly transition from physical to digital retail.  

clock May 13, 2021Martino Carrera

Laura Kennedy

Technology

Retail Technology Investments Hit $28.9 Billion in Q1

CB Insights’ report showed the strongest funding momentum in five years.

clock May 13, 2021Arthur Zaczkiewicz

A view of the headquarters campus of Alibaba Group in Hangzhou.

Financial

Alibaba Reports Loss Due to Antitrust Fine

Gross merchandise volume transacted in the group’s ecosystem during fiscal year 2021 reached $1.24 trillion.

clock May 13, 2021Tianwei Zhang

Club Monaco RTW Spring 2019

Mergers and Acquisitions

Ralph Lauren to Sell Club Monaco

The company agreed to sell the brand to private equity firm Regent after 22 years.

clock May 13, 2021Evan Clark

Walmart e-commerce

Retail

Walmart Inks Deal to Acquire Zeekit

The digital fitting room allows shoppers to virtually try on clothes, share outfit ideas online with friends and create a closet full of clothes in cyberspace.

clock May 13, 2021Kellie Ell

The Isetan Shinjuku store in Tokyo

Financial

Isetan Mitsukoshi Holdings Records FY Net Loss of More Than 40 Billion Yen

The poor performance was due mainly to temporary store closures and reduced traffic resulting from the COVID-19 pandemic.

clock May 13, 2021Kelly Wetherille

Hudson's Bay in Toronto.

Retail

Hudson’s Bay Takes the 15 Percent Pledge

Twenty-two retailers so far have committed to the 15 Percent Pledge.

clock May 13, 2021David Moin

Backstage at Burberry RTW Fall 2021.

Financial

Burberry Sales Bounce Back in Q4, with Post-COVID Recovery Underway

CEO Marco Gobbetti said, going forward, the plan is to accelerate growth, focusing on full-price sales.

clock May 13, 2021Samantha Conti

American Eagle jeans

Retail

EXCLUSIVE: American Eagle Launches Sustainable Jeans Collection

The limited-edition collection is just part of the retailer’s broader sustainability efforts.

clock May 13, 2021Kellie Ell

Side portrait of beautiful young black woman with afro  shopping for clothes in store

Financial

Fashion Faces Higher Prices in Inflation Nation

Now the apparel industry has to try to take advantage of what could be an epic turnaround after decades of deflation.

clock May 13, 2021Evan Clark

James Reinhart

Financial

James Reinhart’s Resale Revolution

The ThredUp founder is now making his resale pitch from the public markets.

clock May 12, 2021Evan Clark

Poshmark combines resale, social selling and an inventory-zero model. Now, alongside its first earnings report after its IPO, the company announced that it's doubling down on video.

Technology

Poshmark Beats Estimates With $81M in Revenue

Poshmark’s post-holiday quarter beat estimates, even its own, with $81 million in revenue. But Wall Street still can’t quit doubting the business.

clock May 12, 2021Adriana Lee

Gaima

Financial

Sequential Amends Credit Deal, Bids Adieu to Executive Chairman

William Sweedler has exited the company, which has been attempting to sell assets to pay down debt.

clock May 12, 2021Jean E. Palmieri

The Roger Vivier RTW Fall 2021 presentation.

Financial

China, Roger Vivier and E-commerce Boost Tod’s Group in Q1

Tod’s sales rose 17 percent in the first three months of the year, but analysts pressed for details on Diego Della Valle’s comments on the “further opportunities to be taken together” with LVMH and Chiara Ferragni’s appointment to the board.

clock May 12, 2021Luisa Zargani

Media

U.K. Arms of Condé Nast, Hearst Plan Layoffs in Post-COVID-19 Restructure

Both groups are tightening operations, and thinking more globally, with hundreds of jobs said to be at risk.

clock May 12, 2021Samantha Conti

Human Resources

Jason Broderick Joins Richemont’s Purdey in Retail, Merchandise Role

Broderick was most recently fashion director of men’s wear, sports and watches at Harrods, a role he held until 2016.

clock May 12, 2021Samantha Conti

Nate app

Technology

Nate Bolsters Its Seamless Checkout With Buy Now, Pay Later Option

The mobile shopping app allows consumers to purchase any item at any online retailer with seamless checkouts.

clock May 12, 2021Alexandra Pastore

The women's home page on saks.com

Retail

Saks.com Gets $465M in Financing to Fuel Growth

The funding should help saks.com compete in what’s become a vibrant, resilient sector with an escalating battle to win over customers.

clock May 12, 2021David Moin

Side view happy woman dreaming while looking at window indoor. She having rest during labor

Business Features

Thinking About Launching a Fashion Business? Now’s a Good Time

Fashion Business Essentials offers attendees insights into advancing one’s career, or launching a new business.

clock May 12, 2021WWD Staff

Lyst, shopping, sustainable

Financial

Lyst Raises $85 Million Ahead of a Potential IPO

The funding follows a big audience and revenue growth for the shopping search platform during the pandemic, with more than 150 million shoppers now using its app and website.

clock May 12, 2021Natalie Theodosi

Branch of ripe cotton on the cotton field

Business Features

Farm to Fashion: When Cotton Gets Conscious, Tackling Transparency

BASF launched the Sustainable Cotton Grower Fund to support cotton farmers in its e3 program.

clock May 12, 2021Tracey Meyers

In this photo illustration, a TikTok logo seen displayed on a smartphone screen with a computer keyboard in the background. (Photo by Nikolas Joao Kokovlis / SOPA Images/Sipa USA)(Sipa via AP Images)

Technology

TikTok Testing In-app Shopping in Europe

Are TikTok’s shopping ambitions solidifying? A test in Europe with streetwear brands may signal its new social commerce phase.

clock May 12, 2021Adriana Lee

Klarna app

Business Features

Klarna Announces Small Business Month Initiative

The company will donate $4.5 million in payment and media services to 100 small businesses nationwide.

clock May 12, 2021Alexandra Pastore

fashion week

Business Features

Afterpay Teams Up With IMG as Multiyear Presenting Partner of NYFW: The Shows

The partnership will include consumer-facing programs leading up to fashion week and throughout the year.

clock May 12, 2021Alexandra Pastore

Shiseido flagship

Financial

Shiseido Posts Q1 Net Loss, Increased Sales and Operating Profit

The company also revised its guidance, raising its net profit forecast but lowering sales and operating forecasts.

clock May 12, 2021Kelly Wetherille

Vinted raises 250 million euros in Series F investment round

Financial

Secondhand Clothing Marketplace Vinted Raises 250 Million Euros

The new funding round, led by EQT Growth, has given the company a pre-money valuation of 3.5 billion euros.

clock May 12, 2021Natalie Theodosi

The Saucony Endorphin collection from Wolverine World Wide.

Markets

Wolverine World Wide Sees 2021 as ‘Breakthrough’ Year

The diversified footwear and apparel company has raised its outlook for the year after experiencing a strong first quarter.

clock May 12, 2021David Moin

Marco Bizzarri

Business Features

Marco Bizzarri on Next Chapter of Gucci

The executive maps out the company’s potential and strengths to build the next chapter of the brand, as he professes his love for the label and the common purpose with Alessandro Michele.

clock May 12, 2021Luisa Zargani

A beach on the eastern coast of Hainan.

Business Features

Hainan Duty Free’s $47B Opportunity

The Chinese island’s sales are expected to jump nearly tenfold by 2025, but the market is immature and rife with growing pains.

clock May 11, 2021Tiffany Ap

The Beverly Hilton

Media

Golden Globes’ Mushrooming Scandal Imperils Awards Show

The HFPA’s inexplicable 18-month timeline made a 2022 awards telecast untenable, say industry vets.

clock May 11, 2021Marisa Guthrie

Load More Arrow

Essentialist

Today's Must Read

Hudson's Bay's online marketplace.

Business

Mounting Marketplaces: Plenty of Rewards But No Slam Dunk

clock 9hDavid Moin

Social Studies

WWD logo Global Stock Index

Business Page right arrow