State attorney general Ken Paxton’s investigation creates another headache for Lululemon, which has slumped in the stock market as sales growth tapers off, quality issues resurface and the founder advocates for a board overhaul.
Category: Fashion
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Luxury Superweek: Q1 Sales and Kering’s Strategy Reveal
This week, LVMH, Kering and Hermès report Q1 results, Kering hosts a capital markets day in Florence, and Pucci shows in Sicily.
Ask Imran Anything: On Boring Fashion, the Meaning of Luxury and Building Outside the System | The BoF Podcast
In the second instalment of the BoF Podcast’s Ask Me Anything series, Imran Amed takes on listener questions about creative energy returning to the industry, what luxury really feels like, why independent brands don’t need the old gatekeepers, and how to keep going when the world feels uncertain.
Hermès Sticks With Plan to Raise Output Even as War Sours Mood
The luxury firm opened a 25th leather-goods plant in France on Friday.
Stefano Gabbana Resigned From Dolce & Gabbana
The mogul is considering options for his roughly 40-percent stake in the Italian fashion brand ahead of negotiations with creditors.
Fear of God CEO Exits Label
Bastien Daguzan is stepping away from the brand founded by Jerry Lorenzo as it eliminates the chief executive role.
Levi Boosts Full-Year Outlook on Strong Sales; CFO to Retire
Company veteran Harmit Singh’s departure marks a major change for Levi.
Sportswear Brands Have Tough Decisions to Make Around the Iran War
Surging oil prices are raising questions about the structure of supply chains and when companies will need to pass increased costs onto consumers.
Medicines Regulator to Investigate UK Peptide Clinics
The Medicines and Healthcare products Regulatory Agency said clinics are not permitted to make medicinal claims for the peptide treatments offered by their service.
What Will Be the Next Aesop?
The L’Oréal-owned brand has grown considerably since becoming known for its cult-cool hand soap, leaving room for challengers like Evolvetogether, Commune and Sangre de Fruta to take its place.