Mike Ashley’s Luxury Bet Is Getting Bigger, but Does It Add Up?
The billionaire’s Frasers Group has added Harvey Nichols and an increased stake in Hugo Boss to a growing collection of…
Category: Lifestyle
Marquee Brands To Acquire Roots in Go-Private Deal
Marquee Brands and Roots have agreed to a deal that will see the brand management firm acquire the Canadian lifestyle…
Nike’s Stock Dip Is a Sign of the Times for Sportswear
Good morning, friends! Welcome back to The Kicks You Wear. Thanks so much for reading today. I appreciate you giving…
A Luxury Skincare Line, Made for Gen Z
La Prairie’s new Swiss Pristine collection, aimed at younger luxury shoppers, is a big bet on how aspirational products can…
China’s New Tourist Obsession Is a 24-Hour Spa
After a busy three-week work trip in China through Guangzhou and Foshan, Fatou Mbacke was ready to unwind. The 31-year-old…
Fashion CEO Hunsicker Gets Five Years for $300 Million Fraud
The prison term was much shorter than the 12 1/2 years sought by prosecutors, who compared Hunsicker to Theranos Inc.…
Everyone Is Fighting for Affiliate Commissions. Who Deserves Them?
A new investigation accusing ShopMy of instructing retail partners to prioritise its referrals and cancel commissions to other platforms underscores…
Luxury Sales Plunge in China as Tax Measures Hit Wealthy Shoppers
Global luxury brands are facing a deepening sales slump in China, as the country’s campaign to tax offshore wealth sends…
Boohoo Fined $2.7 Million by French Watchdog Over Deceptive Discounts
Nearly half of the examined promotions were revealed to be price increases. The Debenhams-owned fast-fashion brand also used terms like…
JD Sports Cuts Outlook as Shoppers Curb Spending on Sneakers
JD Sports cut its profit outlook after weaker-than-expected sales of sneakers in the second quarter, as its customers grapple with…