This week, we take a look at the layoffs at Burberry and what it says about the state of British luxury, the landmark acquisition plans for Saks Fifth Avenue parent company HBC to buy Neiman Marcus, and the surprising collaboration between Shein and Monse.

SoHo is one of the most expensive places in the city to open a store. When Sasha Chou, founder of the independent beauty and personal care brand Mumu Bath, was looking to open her first store, she found leases in SoHo to be in excess of $14,000 per month. She...

Buru owns its own “microfactory” in Los Angeles where a team of 40 people including sewers and pattern makers assemble the brand’s small batch dresses, jackets and tops. The vertical integration allows for all sorts of benefits, including shorter production times, no delays in receiving products due to shipping problems...

Financial stock prices in France were down when Macron first announced the election as investors predicted gridlock and market disruption. However, they bounced back earlier last week when pollsters first began reporting results. But analysts are still predicting a chaotic time ahead for France’s finances. Multiple potential scenarios — including...

In mid-June, just weeks before a new congestion pricing policy was to go into effect in New York City, governor Kathy Hochul made an abrupt about face, pulling support for the program and putting it on hold indefinitely. But congestion pricing would actually have a beneficial impact on businesses in...

Last week, major mass fashion brands like Nike and H&M stumbled amid stiff competition from newer rivals.

The lack of strong creative leadership has led to a flat period for Lanvin and its parent company Lanvin Group. As of last summer, the brand’s sales were down 10%, and by the beginning of this year, the entire group’s revenue had grown only 1% from quarter to quarter.

This week, we talk about the confidential IPO filing by Shein in London, the effect of Shein’s low-price model on industry players like Amazon and the ever-growing portfolio of LVMH.

In 2018, the Supreme Court struck down a longstanding federal law disallowing sports betting in the U.S. Six years later, platforms like DraftKings, FanDuel and ESPN Bet have quickly turned sports betting into a huge part of sports culture, with more than $120 billion worth of bets placed last year....