Macy’s

BoF looks back at the news that changed the industry this year — and will define the fashion agenda in 2025.

Earnings season kicks into high gear, with companies riding high and plumbing new lows reporting.

This week, everyone will be talking about who is, and isn’t, showing at Milan Fashion Week, plus financial results from some of the biggest new and old retail names.

Amplified by a potential power shift from landlords to retailers and the need to seamlessly embed digital, companies will need to make tough choices to improve their return on investments.

From earlier sales to in-store fulfilment, retailers must find creative solutions to succeed during an unprecedented holiday season.

This week, Nicolas Hieronimus takes the helm at L’Oréal, while Macy’s appoints a Boston Consulting Group partner as Chief Financial Officer.

This week, Macy’s veteran Jennifer Johnson is promoted to director of ready-to-wear, while Vanity Fair appoints Nicole Chapoteau to fashion director.

The season represents about 20 percent of annual retail sales each year, and stores need some relief after enduring months of turmoil as the health crisis roiled the world economy.

Retailers are ordering less merchandise and cutting slower selling products from their stores to avoid a build-up of inventory.

From Macy's to Target, many businesses in the US are grappling with higher expenses related to e-commerce.