Store Employees Join the Remote-Work Revolution

Capri's C-Suite Shakeup, Uniqlo Stays in Russia

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WHAT YOU NEED TO KNOW TODAY: TUESDAY, MARCH 8, 2022 Retailers are using virtual tools to experiment with how to bring the flexibility of remote work to store employees. Joshua Schulman's surprise exit from Capri Holdings is a sign the owner of Michael Kors, Versace and Jimmy Choo believes it can build an American luxury conglomerate without outside help. Uniqlo-owner Fast Retailing plans to continue to operate in Russia, even as the number of brands pulling back as a result of the war in Ukraine continues to rise. MatchesFashion's chief brand and content officer Jess Christie will share her advice on Building a Career in Fashion at 4pm GMT / 11am EST today on LinkedIn.

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WORKPLACE & TALENT Can Store Associates Work Remotely? By Sheena Butler-Young

Work from home has fast become the standard among corporate workers but retailers have struggled to bring these opportunities to hourly jobs. READ MORE

LUXURY What's Really Going On at Capri By Lauren Sherman

Joshua Schulman's surprise exit from the Michael Kors and Versace owner puts pressure on John Idol in his quest to build an LVMH competitor. READ MORE

GLOBAL MARKETS Ukraine War: Fast Retailing Pledges to Stay in Russia By BoF Team The Uniqlo owner said it will continue to operate in Russia, even international pressure in response to the country's invasion of Ukraine sees waves of companies pull out. READ MORE

Highsnobiety's Newest Venture is an NFT Studio READ MORE

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NEWS BRIEFS Russian Designer Valentin Yudashkin Removed From Paris Fashion Week Schedule ThredUp Sales Grew by 35 Percent in 2021 French Football Club Paris Saint-Germain to Open New York Store Black-Owned Brands Get Lift as Big Retail Invests to Help Them Scale Uniqlo Owner Pledges to Stay in Russia as Wave of Companies Exit

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