Cathaleen Chen

The retailer’s idiosyncratic approach, from its price point to its fitting rooms, has allowed the chain to rapidly scale in recent years.

The long-time company executive will replace John Koryl in the top role.

The dream of creating an American answer to LVMH and Kering faced a major setback this week after a federal judge championed the Federal Trade Commission’s narrow definition of the sub-luxury handbag market.

In an interview, Olivier Bron explains how the ailing format doesn’t have to reinvent itself to survive. But retailers do need to give customers a more exciting experience, and be better partners to brands.

Rising rents and low vacancy rates have made it prohibitively expensive for many emerging brands to open retail locations — even temporary ones. Scrappy companies have found creative, low-cost ways to reach their consumers, from hotel partnerships and trunk shows to activations on college campuses.

Gap Inc. has been trying to turn things around for two decades. Now, seven months into designer and BoF 500 member Zac Posen’s tenure as creative lead, there’s early evidence that his efforts to re-energise the company’s flagship brand are delivering results.

America’s largest retailer hosted a pop-up shop in New York City over the weekend, touting its affiliation with designer Brandon Maxwell and announcing its fashion ambitions after recent seasons of promising sales in apparel.

A $3.8 billion takeover bid represents a bet that saving the department store chain will be easier away from public scrutiny.

Growth is slowing, competition is getting intense and regulators have the fast-fashion retailer in their sights. But despite investor panic over its prospects, Temu remains an e-commerce powerhouse — one that Western competitors must continue to watch.

The owner of Tommy Hilfiger and Calvin Klein saw a modest increase in North America sales for its two major brands.

The New York-based label will return to the schedule after a three-season hiatus. This time around, the business is in a much healthier financial state, said designer Edvin Thompson, and is now eyeing a supply chain expansion.