Shoes and hamburgers have sort of a symbiotic relationship. The leather industry buys up many of the hides left over as a byproduct from the…
GUESS WHO'S OUT
Guess cofounder Paul Marciano is stepping down after sexual misconduct claims
After a months-long investigation into claims that he acted inappropriately toward models, including allegations by Kate Upton that he forcibly groped and kissed her, Guess…
SPENDING IT
What’s really driving China’s big luxury rebound
The good times are back for luxury brands in China. Just look at this chart based on a June 7 report by management consulting firm…
TRAGIC NEWS
Designer Kate Spade has been found dead in an apparent suicide
Designer Kate Spade has died in what police are calling an apparent suicide. NBC New York cites police who say that she was found hanged…
FUR WILL FLY
British parliament is debating banning fur in the UK after 110,000 Brits asked it to
Is it ever ok for people to buy and wear fur? Britain’s parliament is adding its voice to the discussion. The UK’s top legislative body…
EARLY EXIT
Why Serena Williams has withdrawn from the French Open
Serena Williams’s first grand-slam tournament since giving birth last year has come to an end for her. At a news conference, the US tennis star…
GREEN SHOOTS
J.Crew is finally showing signs of life again, but not because of J.Crew itself
After years in a slump, downtrodden J.Crew is suddenly showing small signs of life. The group’s sales at stores open at least a year grew…
GEAR HEADS
Richemont is destroying its expensive, unsold watches to save their brand value
Luxury and exclusivity fit together like two gears in a pricey Swiss watch. But any luxury product can start to lose its exclusive prestige if…
CHALLENGE ACCEPTED
How Nike’s self-lacing shoe was created, in six questions
There’s a quick but memorable moment in the 1989 movie Back to the Future II where Marty McFly, an American teenager transported decades forward to…
NEVER SAW IT COMING
Even Macy’s is surprised at how well Macy’s is doing
Macy’s is off to a better start to 2018 than anyone saw coming, including Macy’s itself. On a call with investors to discuss the company’s…
JUST LIKE THE REAL THING?
“Unbranded” luxury items in China are like knockoffs, with one vital difference
The fashion manufacturers in China have gotten so good that they’ve earned public praise from Miuccia Prada herself (paywall). Some of these factories are using…
LAWYER UP
The court battles between Adidas and Skechers are turning ugly
On the same day that a US appeals court upheld Adidas’s right to bar Skechers from selling what Adidas says is a knockoff of its…
