At least 30 percent of Latin American billionaires can thank the fashion business for part of their fortunes. But how did these fascinating characters get to the top?
Estée Lauder Companies announced annual revenues of $11.8 billion for the fiscal year ending June, an increase of 5 percent on 2016. The gain has been attributed to e-commerce, as well as acquisitions of Becca Cosmetics and Too Faced.
Wal-Mart has applied for a patent for a blimp-style floating warehouse that could make deliveries via drones, which would bring products from the aircraft down to shoppers’ homes.
Dollar Tree Inc and Dollar General Corp, which together operate more than 28,000 stores across the US, have said they don’t need to keep cutting prices to stay competitive.
The footwear chain reported weaker-than-expected results by almost every benchmark — profit, sales and margins — and forecast continued sales declines over the rest of 2017.
Where should fashion’s cohort of free agent designers land? BoF pairs the industry’s top creative talent with houses in need of a creative jolt.
With newly promoted editor-in-chief and president Stella Bugbee at the helm and a fresh site design, New York magazine’s women’s vertical cements its transformation from fashion blog to feminist media brand.
The London exhibit will explore the t-shirt’s role as a means of communication, and will feature a series of tees bearing graphics from the streetwear brand’s archive.
Shares at Gap Inc. up 16 percent as revenue grows at the company’s lower-priced chain
This week, Topshop’s creative director Kate Phelan steps down, while Kering-owned Ulysse Nardin names Patrick Pruniaux its new chief executive.