Author: Bloomberg
A Wildberries warehouse near Moscow caught fire after a Ukrainian drone strike, the regional governor said, part of one of the largest recent attacks on the broader capital area. Please sign in to ensure you can read our agenda-setting intelligence, analysis and advice. Or get in touch at support@businessoffashion.com if you experience difficulties.
Canada’s chief trade negotiator told a government advisory group that there’s still a significant amount of work to do to reach an agreement that would stave off a new wave of US tariffs next week. Please sign in to ensure you can read our agenda-setting intelligence, analysis and advice. Or get in touch at support@businessoffashion.com if you experience difficulties.
Lululemon Athletica chief AI and technology officer Ranju Das has left the company after less than a year, the retailer’s latest high-profile departure as Heidi O’Neill prepares to take over as chief executive officer next month. Please sign in to ensure you can read our agenda-setting intelligence, analysis and advice. Or get in touch at support@businessoffashion.com if you experience difficulties.
In a decision on Thursday, a US trade court refused to disturb executive orders that lifted the ‘de minimis’ exemption for goods with a retail value of $800 or less.
The reality is that Chinese shoppers’ spending power on high-end products has peaked, at least for now, writes Bloomberg’s Juliana Liu.
Founder and actress Shay Mitchell will retain a 15 percent stake in Béis, which will become a Samsonite subsidiary after the deal closes.
Mike Ashley’s Frasers Group has bought the upmarket department store chain out of administration after it warned it could run out of money without new funding.
Prosecutors compared Christine Hunsicker to Elizabeth Holmes as they sought a 12.5 year prison sentence in the $300 million securities fraud case.
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The Daily Digest NewsletterThe essential daily round-up of fashion news, analysis, and breaking news alerts.Plus, access one complimentary BoF Professional article of your choice, each month.Email addressSubscribeNewsletter preferencesReceive news, offers and invites from BoFOur newsletters may include 3rd-party advertising, by subscribing you agree to the Terms and Conditions & Privacy Policy.