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Dear BoF Community, I may have left Montréal more than 25 years ago to relocate to London — and never moved back — but I’m still a Canadian through and through. So watching what has been happening in Canada over the last couple of months has been distressing and inspiring in equal measure. For those…
Lululemon Athletica shares fell nearly 13 percent in premarket trading on Friday, after the sportswear maker provided downbeat annual forecasts as the broader apparel space battles an uneven consumer demand environment. The company, during its fourth-quarter earnings on Thursday, flagged that consumers were spending less due to increased concerns about inflation and the economy. Lululemon…
Simon Wolfson, chief executive officer of Next Plc, on Thursday announced pretax profit of £1 billion ($1.3 billion) for the first time in the retailer’s history. It’s a level of earnings few British store chains reach. For some that have, it has been the prelude to a period of disappointment. But Next can escape the…
The author has shared a Podcast.You will need to accept and consent to the use of cookies and similar technologies by our third-party partners (including: YouTube, Instagram or Twitter), in order to view embedded content in this article and others you may visit in future.Accept Subscribe to the BoF Podcast here. Background: Guy Berryman grew…
LVMH has appointed Jean-Christophe Babin to the helm of LVMH Watches, succeeding LVMH-scion Frédéric Arnault, the group announced in a statement on Friday. The role oversees LVMH’s watch brands TAG Heuer, Hublot, and Zenith. Babin will maintain his position as CEO of Bulgari. The move comes at a pivotal moment for LVMH’s watch division, which…
Dazed Media on Friday announced a new leadership team, three days after the exit of editor-in-chief IB Kamara. Ted Stansfield will succeed Kamara as editor-in-chief in June, stepping up from his roles as editorial director of Dazed Digital, AnOthermag.com and editor of Another Man. Alongside Stansfield, Dazed has appointed Dominique Sisley as editorial director, Serena…
Last weekend, The Ordinary, a Canadian skincare brand, announced a limited-time offer: a dozen eggs for $3.37 at two of its New York stores. At any other moment in history, a skincare brand selling eggs would be a premise too bizarre to be offensive. But at a time when the average price for a 12-pack…
Popular sportswear company Hoka has been accused of failing to acknowledge the Māori origins of its name by Indigenous intellectual property experts in New Zealand, making it the latest in a string of global brands to be accused of misappropriating Māori culture. The French American firm, which specialises in running shoes, takes its name from…
Welcome back to Haul of Fame, your must-read beauty roundup for new products, new ideas and some surprising data from Mrs. Meghan Sussex and her new ShopMy beauty picks. Included in today’s issue: Alleven, Alpyn, Augustinus Bader, Beauty Creations Cosmetics, Beekman 1802, Bliss, Carolina Herrera, Charlotte Tilbury, Estée Lauder, Fenty Beauty, Granado, Haus Labs, Hourglass,…
Dolce & Gabbana Srl, LVMH’s Louis Vuitton and Kering SA’s Gucci are set to anchor a new luxury retail development in South Africa’s V&A Waterfront, according to the head of one of the continent’s most visited shopping and tourism destinations. Cape Town’s V&A is tripling the size of space available for rent to luxury retailers…