The managing director of Selfridges discusses the future of the British department store at The BoF Professional Summit: What’s a Store For?
Selfridges has attracted a bid from a potential buyer at a $5.7 billion valuation, the latest indication that the department store’s big bet on physical retail is paying off. But after a bruising pandemic year, the British chain could struggle to rebound amid a continued collapse in international tourism and a shift to online sales.
This week, Malika Savell will lead diversity initiatives at Prada North America, while Daniela Falcão is stepping down as managing director of Edições Globo Condé Nast.
While consolidation continues in China’s department store sector, the pandemic hasn’t dramatically hastened store closures and bankruptcies the way it has in the US. What’s their secret?
As demand in western markets lags behind, Asian shoppers hold more power than ever over luxury brands' bottom lines. From China to Japan and Singapore to South Korea, here’s where demand is roaring — and where it’s reeling.
In recent weeks, three different groups of designers and retailers have proposed shifts to the industry’s product delivery and discounting calendars in a bid to create healthier, more profitable businesses. Can they pull it off?
A group of designers and retailers, fronted by the Belgian designer, wants the industry to realign fashion deliveries with real-world seasons and stop early discounting.
To manage through the coronavirus crisis, it’s critical to find new ways to stay connected with employees and customers, says the president of Lane Crawford and Joyce.
As the coronavirus outbreak intensifies, Chinese outbound tourism comes to a standstill and retailers begin to assess the damage to business beyond China.
The BoF China Prize winner expanded her vocabulary beyond signature smocked textiles into extravagant gowns and wearable separates for a collection that will soon be ready for retail.
This week, Nordstrom appoints its first chief merchandising officer, Fengmao, a joint venture between YNAP and Alibaba, names its CEO.
The New York-based Chinese fashion designer and self-described ‘daily couturier’ was praised by jury members for her outstanding artistry and entrepreneurial potential.