Fashion

LVMH hints at timely wardrobe edit

25 Jul 2016

Selling Donna Karan to U.S. fashion company G-III for $650 million is a rare fashion cast-off for the French luxury group. More underperforming brands may be sold as global sales of designer goods slow. That presents opportunities for smaller but ambitious luxury players.

Profit upgrade puts Zalando back in fashion

19 Jul 2016

The German online fashion retailer has calmed worries about competition from Amazon by raising full-year operating profit margin guidance by around a quarter and forecasting strong revenue growth. While shares are up by a fifth in a day, valuations can grow richer still.

ASOS makeover will get fresh lift from weak pound

12 Jul 2016

The online fashion retailer beat expectations with 30 pct sales growth. Sterling's Brexit-induced weakness will help it keep prices low and grab market share. With lots of room to grow, and solid execution, ASOS might be able to live up to its sky-high valuation.

Burberry finally owns up to ill-fitting C-suite

11 Jul 2016

Marco Gobbetti will succeed Christopher Bailey as the UK brand’s CEO, with the latter staying on as design chief. Investors cheered, as it could improve Burberry’s below-par sales performance. The risk is Bailey sees what looks like a demotion as a demotivation.

Yoox Net-a-Porter can dodge luxury doldrums

6 Jul 2016

Federico Marchetti snapped up rival luxury site Net-a-Porter on the cheap last year. Shares have fallen of late and the luxury sector as a whole is struggling. But with revenue at the merged group set to grow 20 percent annually, the online bit of the market looks healthier.

Models are a surprising face for cartel economics

2 Jun 2016

UK competition authorities are investigating price-fixing at London’s top model agencies. Creating a cartel from a market that has apparently low barriers to entry sounds tricky. But setting up a new entrant isn’t that easy – and antitrust tsars only need to prove intention.