Fashion World News

This week’s blockbuster acquisition of Tiffany strengthens the French conglomerate’s position as luxury’s biggest player, putting rivals Kering and Richemont on notice. from The Business of Fashion https://ift.tt/34yzST2

The BoF Podcast: Inside The State of Fashion 2020

Listen to BoF's Imran Amed and McKinsey’s Achim Berg discuss the key themes that will define the global fashion industry in the next year. from The Business of Fashion https://ift.tt/2svPNU3

US Sales Surge in the Early Hours of Thanksgiving

$2 billion was spent online by US consumers in the first hours of the holiday, but in-store Black Friday crowds were thin. from The Business of Fashion https://ift.tt/2Y0KI1q

Dubai's Damac Closes Roberto Cavalli Deal

Property tycoon Hussain Sajwani bought the Italian fashion group through his private investment company. from The Business of Fashion https://ift.tt/2Y2xf9t

H&M Tests Renting Clothes to Address Environment Concern

The Swedish retailer follows competitors Banana Republic and Urban Outfitters, which tapped into the billion-dollar rental market earlier this year. from The Business of Fashion https://ift.tt/37XFoAO

Inside the Beauty Advent Calendar Craze

Christmas has come early for brands and retailers that use the festive tradition to boost brand awareness and drive customer acquisition ahead of the Holiday season. from The Business of Fashion https://ift.tt/2DoQpgk

Power Moves | Kering Watches and Jewellery CEO Steps Down, Asos Names Chief Growth Officer

This week, the head of Kering’s jewellery and watches division exits, while Asos appoints its first ever chief growth officer. from The Business of Fashion https://ift.tt/33uEpVg

Amazon Avoids Breach of Coty's Trade Mark Rights

The cosmetics company took the e-commerce platform to a German court for stocking Davidoff perfume for third party sellers. from The Business of Fashion https://ift.tt/2R0mhzO

Brands Press Play on China's Streaming Opportunity

Competition among China’s television streaming services is driving a content war, with local celebrities in the front line and global brands wondering how to leverage iQiyi, Tencent Video and Youku. from The Business of Fashion https://ift.tt/2Lh3I75

Amazon and EBay Accused of Selling Cosmetics With Mercury

Sixty percent of 158 skin-lightening products purchased by activist groups on Amazon and eBay were contaminated. from The Business of Fashion https://ift.tt/2L218BM

Op-Ed | Buy, Don't Rent: The Virtues of Owning Clothes

The sharing economy promotes mindless overconsumption, argues Eugene Rabkin. Buy less, pay more and keep your garments for longer. from The Business of Fashion https://ift.tt/34sfpiN

How to Make the Most Out of Black Friday

A truncated holiday shopping season has driven many retailers to unleash sales earlier than ever and offer even bigger discounts. But some players have decided to adopt unusual strategies for the biggest sales moment of the year. from The Business of Fashion https://ift.tt/2pWZeea

Catalyst Tops Baker's C$1.9 Billion Offer for Hudson's Bay

The private equity firm has offered C$11 per share for the Canadian retailer. from The Business of Fashion https://ift.tt/2R2WMhc

Allbirds Calls out Amazon for Mimicking Its Wool Sneaker

The footwear retailer is the latest brand to take a swipe at the e-commerce platform, alleging the company copied their $95 eco-friendly sneakers. from The Business of Fashion https://ift.tt/37FpQRY

The H&M-Backed Start-Up Using Microbes to Dye Fabric

British biotech firm Colorifix says its method uses no hazardous chemicals and cuts water use by up to 90 percent. from The Business of Fashion https://ift.tt/2ruLrfr

Barneys Bankruptcy Leads to Rare Black Friday Deals

The luxury retailer is offering store-wide discounts of up to 35 percent on brands such as Prada and Bottega Veneta, in a bid to jettison remaining merchandise. from The Business of Fashion https://ift.tt/33lxD3X

Plastic Hangers Are Fashion’s Plastic Straws

They’re ubiquitous and most are discarded after a single use. Now, hangers in a host of materials are being touted as alternatives to the billions of plastic ones thrown away each year. from The Business of Fashion https://ift.tt/2XQQQt7

Why It’s So Hard to Adopt the Moncler Genius Model

For a rapid-fire collaborations marketing strategy to work, a brand needs more than a highly synchronised plan. It needs the right core product. from The Business of Fashion https://ift.tt/2Op9GV7

Abercrombie & Fitch Trims Forecast as International Business Drags

The teen retailer blamed political issues ranging from Brexit to Hong Kong protests. from The Business of Fashion https://ift.tt/33mm8cw

Brands Are Watching Digital Activity as Customers Shop Online

Software created by Powerfront, which counts Gucci and Neiman Marcus among its clients, tracks the clicks, movements and keystrokes of about 20 million online shoppers a day. from The Business of Fashion https://ift.tt/34pucdV

Brands Are Watching Digital Activity as Customers Shop Online

Alibaba's Hong Kong Shares Close 6.6% Up After 2019's Largest Stock Sale

The Chinese e-commerce giant's debut was the third biggest on record for the Hong Kong market. from The Business of Fashion https://ift.tt/2DiFvc8

PVH Corp Raises Profit Forecast On Strong Earnings

The Calvin Klein and Tommy Hilfiger owner's total sales reached $2.59 billion during the third quarter. from The Business of Fashion https://ift.tt/2qDeNbs

What We Learned at VOICES: It’s Time to Reboot Our Humanity

The world is on fire. The causes are globalisation, technology, the climate crisis and generational change, but the antidote is culture and reimagining human values, argue Brad Grossman and Dan Mitchell of Zeitguide, reflecting on their experience at BoF VOICES. from The Business of Fashion https://ift.tt/2OibKOJ

Fashion's Multi-Billion Dollar Shapewear War

New brands are capitalising on the rise of body-positive narratives with size- and colour-inclusive shapewear. What does this mean for their waist-cinching predecessors? from The Business of Fashion https://ift.tt/34lpuxD

What's Next for Victoria Beckham?

Chairman Ralph Toledano spoke exclusively to BoF about the label’s plans to reverse years of losses and achieve breakeven following filings that revealed a 16 percent sales decline in 2018. from The Business of Fashion https://ift.tt/33hNJLR

Bustle Tries a New Strategy: Quality Over Clickbait

The digital media company’s lifestyle sites are set for a change in direction under Editor-in-Chief Emma Rosenblum, following Gawker’s aborted relaunch earlier this year. from The Business of Fashion https://ift.tt/33jDdDW

Thom Browne Wants to Be an Artist

The New York-based designer will unveil a 21-foot-high fabric sculpture of a palm tree as his first serious venture into the world of fine art.     from The Business of Fashion https://ift.tt/37DZPlQ

Announcing Danse Lente and Honey Birdette

Check out this week’s new partners and openings on BoF Careers, the global marketplace for fashion talent. from The Business of Fashion https://ift.tt/35tVEaD

Careers Counsel | How to Overcome Your Fears to Make a Career Shift

Careers Counsel is a weekly round-up of the most helpful and inspiring advice for boosting your career. from The Business of Fashion https://ift.tt/34uVdfS

The Best Jobs on BoF Careers

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from Guess, Carolina Herrera and Purple PR. from The Business of Fashion https://ift.tt/2OgGe3C

How I Became... A Costume Designer

The stylist, consultant and now costume designer for the feature film Queen & Slim, Shiona Turini, shares how relentlessness helped her get ahead in her career, and why aspiring creative talent "must not be afraid to present a new idea and to stand by your convictions." from The Business of Fashion https://ift.tt/34t67Df

Amazon Will Reportedly Sell On China's Pinduoduo Marketplace

Amazon is now evolving its China strategy after shutterng its own online store in the country in July.     from The Business of Fashion https://ift.tt/34k1T0j

LVMH Buys Tiffany in $16.2 Billion Deal

The blockbuster purchase will transform the French luxury giant’s watches and jewellery division and strengthen its position in the US. from The Business of Fashion https://ift.tt/2KQvuH8

How Temporary Pop-Ups Became a Permanent Strategy

Once a way to temporarily fill vacant storefronts, landlords and brands alike see pop-ups as a long-term fixture in the retail landscape. from The Business of Fashion https://ift.tt/2KTIrQC

Amazon Will Reportedly Sell On China's Pinduoduo Marketplace

Amazon is now evolving its China strategy after shutterng its own online store in the country in July.     from The Business of Fashion https://ift.tt/35sQ2NN

LVMH Reportedly Close to Buying Tiffany for $16.7 Billion

The world's largest luxury conglomerate and the American jeweller could reach an agreement as soon as Sunday evening and announce the deal on Monday. from The Business of Fashion https://ift.tt/2KNTOJR

The Holiday Shopping Season Starts Now. Are Retailers Ready?

This week, everyone will be talking about Black Friday and Cyber Monday, PVH Corp.'s financial results and hunt for another brand to buy, and a new exhibition of vintage fashion at The Metropolitan Museum of Art. Get your BoF Professional Cheat Sheet here. from The Business of Fashion https://ift.tt/3397DZC

Report: Roger Federer Buys Stake in Swiss Running Shoemaker

- November 23, 2019

The move is prompted by the end of the tennis champion's contract with Nike Inc., Swiss newspaper NZZ reported. from The Business of Fashion https://ift.tt/35xFInx

BoF Honours Edward Enninful With Global VOICES Award

After two days of inspiring conversation, guests closed out BoF VOICES 2019 at a gala celebrating one of fashion’s most influential editors. from The Business of Fashion https://ift.tt/2ODcZab

Unilever and Henkel Among Expected Bidders for Coty's $7 Billion Professional Brand Portfolio

Consumer goods companies and private equity firms are set to enter a bidding war for Coty's pro brands, including Wella and OPI. from The Business of Fashion https://ift.tt/35vsoQT

BoF VOICES Day 2: The Shape of Things to Come

New and rapidly evolving markets offer exciting new opportunities for the fashion industry, but the sector also faces an internal reckoning as it struggles to measure up to growing demands for a more inclusive future. from The Business of Fashion https://ift.tt/2XG0Xkl

How Fashion Can Eradicate Gender

Performance artist and designer Alok Menon argues that the fashion and beauty industries need to ‘de-gender’ fashion to better celebrate trans and nonbinary people. from The Business of Fashion https://ift.tt/2OCoajp

What Fashion Can Learn From Burning Man

The festival's CEO Marian Goodell highlights the importance of community in garnering a following. from The Business of Fashion https://ift.tt/2DagW0F

Inside Andy Warhol’s Factory

On stage at BoF VOICES, Dazed Media Co-Founder Jefferson Hack sat down with one of his major inspirations: the poet, filmmaker and culture-pusher Gerard Malanga, best known for collaborating with one of the most famous artists of the 20th century. from The Business of Fashion https://ift.tt/338wxIU

Report: Louis Vuitton Slashes Staff Discounts After French Tax Scrutiny

The brand has capped internal discounting after authorities deemed it a taxable benefit. from The Business of Fashion https://ift.tt/2rl2gZS

Why Men Hurt People

Through his organisation Evryman, Dan Doty urges men to slow down and be more vulnerable. from The Business of Fashion https://ift.tt/2s1rDAm

Lina Khalifeh Is Empowering Women Through Self-Defence

Commended by Barack Obama as a “leader of social change,” the founder of SheFighter got the audience on their feet for an impromptu self-defence class on stage at BoF VOICES. from The Business of Fashion https://ift.tt/2KMyQLn

Don’t Call It Streetwear

At BoF VOICES, Matthew Williams of 1017 ALYX 9SM tells Editor-at-Large Tim Blanks why he’s more interested in ‘modern craft’ than streetwear. from The Business of Fashion https://ift.tt/2KK7HbW

Trisha Shetty: Human Rights, Human Wrongs

Showing up, speaking up, and continuing to stand in solidarity with those facing human rights violations is critical, the Indian social activist and lawyer urged on the BoF VOICES stage. from The Business of Fashion https://ift.tt/2pMkwv6

Drive Season 2, Episode 4: Ex-Supreme Creative Director Brendon Babenzien on ‘Taking Greed Out of the Equation’

Brendon Babenzien’s streetwear brand Noah focuses on values and collaboration instead of profit margins and competition. from The Business of Fashion https://ift.tt/34cwY6i

At Thomas Jefferson University, Preparing Students for the Future of Fashion

Working with the likes of NASA and adopting an innovative approach to trans-disciplinary collaboration, BoF meets the faculty members of Thomas Jefferson University seeking to train students for the future of fashion. from The Business of Fashion https://ift.tt/37vOcO4

From Kylie to Drunk Elephant, What the Beauty Industry Can Learn From the Year's Blockbuster Deals

This week's acquisitions by Coty and Estée Lauder have insiders wondering what's next — and which brands will attract investors in 2020. from The Business of Fashion https://ift.tt/34doprE

Trisha Shetty: Human Rights, Human Wrongs

Getting to Grips with China’s Streetwear Market

The founder of Chinese media, e-commerce and event platform Yoho! breaks down China’s fast-changing youth culture. from The Business of Fashion https://ift.tt/2XBIKVj

Embattled Retailers Face Hong Kong’s ‘New Normal’

Renegotiating the cost of retail rent may be the only way for luxury brands to maintain their footprint in the critical but increasingly chaotic city. from The Business of Fashion https://ift.tt/2OztOD4

E-Commerce Platform Tokopedia Reportedly Set to Raise up to $1.5 Billion

The Jakarta-based company, backed by SoftBank and Alibaba, is looking to US internet companies and existing investors for a pre-IPO funding round, according to sources. from The Business of Fashion https://ift.tt/2QGFZ3B

Bulb’s Renewable Energy Revolution

Hayden Wood’s fast-growing start-up uses technology to help consumers lower their bills and be more energy efficient. from The Business of Fashion https://ift.tt/2rjC1Du

Bolt Threads' Leather Alternative Is Now Globally Scalable

How can companies incite widespread environmental? change? Build a quality, scalable product, argues Bolt Threads Founder Dan Widmaier on stage at BoF VOICES. from The Business of Fashion https://ift.tt/37soqdw

Fashion Confronts a Challenging Future at BoF VOICES

The industry is grappling with an uncertain outlook amid projections for slowing growth and mounting socio-political unrest, but new technology and business models offer hope for innovative solutions. from The Business of Fashion https://ift.tt/2XJ9HXe

Garance Doré’s Fashion Week Exodus

The famous illustrator and street style photographer explained why she abandoned the front row on stage at BoF VOICES. from The Business of Fashion https://ift.tt/2qCW8wj

Garance Doré’s Fashion Week Exodus

The famous illustrator and street style photographer explained why she abandoned the front row on stage at BoF VOICES. from The Business of Fashion https://ift.tt/35r65fc

Calling Out Fashion's Complex Ties with Iran

Tehran-based fashion designers Shirin and Shiva Vaqar join Hoda Katebi, an Iranian-American activist who founded America's first apparel manufacturing co-op run by refugee women, to discuss the fashion industry in Iran, a country that has long been isolated from the Western world. from The Business of Fashion https://ift.tt/2qyjuTK

Power Moves | MAC Cosmetics Names Marketing Lead, Tiffany Hires Ex-CEO of Barneys

This week, MAC taps a Coty marketing executive as part of its turnaround, while Daniella Vitale joins Tiffany as its first chief brand officer. from The Business of Fashion https://ift.tt/2D19iFU

Alexi Lubomirski: A 'Creative With a Conscience'

On stage at BoF’s VOICES, the fashion photographer called on industry leaders to stop working with fur, feathers and exotic skins. from The Business of Fashion https://ift.tt/2QG2BBo

Santa Claus Is Different for the Rich

Until recently, it cost nothing to visit Santa Claus. But in 2019, he is not just pricey, he’s also overbooked. from The Business of Fashion https://ift.tt/2pDvfYx

Nike Invests in Adaptive Footwear

The sportswear giant is set to purchase an undisclosed stake in the laceless shoe company Handsfree Labs Inc, in bid to create apparel that's easier for people with disabilities to wear. from The Business of Fashion https://ift.tt/2XA749Q

Hans Ulrich Obrist: The Antidote to Globalisation

At VOICES, the curator and artistic director of the Serpentine Galleries argued that a softer ‘mondialité,’ where local and global identities coexist, could be the solution to growing nationalism, adding that artists must play a role in creating alternative futures. from The Business of Fashion https://ift.tt/2KH64LT

Interparfums Cautious on 2020 Growth Due to Economic Uncertainty

Th French perfume maker forecast 2020 revenue at a lower-than-expected €500 million. from The Business of Fashion https://ift.tt/349g48C

Vogue Mexico Cover Spotlights Transgender 'Muxe' Women

A culture of indigenous transgender women that has been part of southern Mexico's heritage for centuries is highlighted in the latest issue. from The Business of Fashion https://ift.tt/2KEDpaf

What’s the Point of Protest and Democracy?

On the VOICES stage, journalists from around the world lamented the ineffectiveness of freedom of speech and why traditional ways of governance are failing everyday citizens. from The Business of Fashion https://ift.tt/2s7AG33

On the Frontlines of the Climate Crisis

Extinction Rebellion and the lead plaintiff in a group lawsuit against the US government kicked off BoF's VOICES conference with a deep dive on combating indifference to climate change. from The Business of Fashion https://ift.tt/2QEWayr

What’s the Point of Protest and Democracy?

Macy's Cuts Forecast After Sales Drop

The department store chain posted a 3.5 percent decline in same-store sales for Q3, compared to the 1 percent drop analysts had expected. from The Business of Fashion https://ift.tt/344nHgq

Macy's Cuts Forecast After Sales Drop

The department store chain posted a 3.5 percent decline in same-store sales for Q3, compared to the 1 percent drop analysts had expected. from The Business of Fashion https://ift.tt/2OvhmUI

Chinese Megabrands Join LVMH, Kering and Inditex in Elite Ranking

Two of three new entrants to an exclusive club of 20 high performing fashion companies are Chinese, according to the 2020 edition of The State of Fashion report released today by BoF and McKinsey. How did Anta and HLA do it? from The Business of Fashion https://ift.tt/2s0Hwad

Report: LVMH Gets Access to Tiffany's Books After It Raises Offer

Tiffany shares jumped 3.6 percent to $127 in after-hours trading in New York on the news. from The Business of Fashion https://ift.tt/342OD05

Ex-Vogue Editors Launch a High-Low Take on E-Commerce

Lucinda Chambers and Serena Hood have joined forces to launch Collagerie, a global online retail proposition based on product discovery and careful curation. from The Business of Fashion https://ift.tt/2QyIOng

Vogue International Rebrands as Vogue Global Network

The London-based editorial hub, which now falls under the purview of Anna Wintour, will also start to work with the American edition of Condé Nast’s largest title. from The Business of Fashion https://ift.tt/2O8xU5O

#BoFVOICES 2019 Live Blog

The BoF team has decamped to Soho Farmhouse in Oxfordshire to report on conversations that explore new frontiers from politics to technology, and challenge conventional wisdom about the fashion business. from The Business of Fashion https://ift.tt/2KGNm7k

The State of Fashion 2020: Download the Report

Click below to download BoF and McKinsey & Company's in-depth report on the global fashion industry in 2020, focusing on the themes, issues and opportunities impacting the sector. from The Business of Fashion https://ift.tt/2XAu88p

The State of Fashion 2020 Report: In Troubled Times, Fortune Favours the Bold

The fourth annual State of Fashion report by The Business of Fashion and McKinsey & Company forecasts slowing growth for the second year in a row and underscores a prevailing mood of anxiety and concern amongst senior fashion executives. Download the full report to explore the 10 themes which will define the global fashion industry in 2020. from The Business of Fashion https://ift.tt/35phWKK

The Battle for Collectable and Rare Fashion Heats Up

Museum-worthy couture is now being chased by everyone from private collectors to secondhand retailers, and prices are ballooning. from The Business of Fashion https://ift.tt/2KHO8Rk

Saks Fifth Avenue's Flagship Store Loses More than Half Its Value

The building was recently appraised at $1.6 billion, dropping almost 60 percent from five years ago. from The Business of Fashion https://ift.tt/2Xwq09A

Arcadia Group Names New Chairman

The former head of De Vere hotel and leisure group, Andrew Coppel will take on the new role. from The Business of Fashion https://ift.tt/2s16Vk9

A Little- Known Adviser Led the Kylie Jenner-Coty Deal

The firm provides 'millennial insight with the sage advice of industry experts.' from The Business of Fashion https://ift.tt/2O6mTCc

Tiffany & Co. Hires Former Barneys CEO Daniella Vitale

The executive will join the American jewellery retailer as executive vice president and chief brand officer. from The Business of Fashion https://ift.tt/2O57a6t

Zalando Defends System of Ranking Staff Like Products

The online retailer uses feedback from colleagues working in its Berlin HQ to rank employees as either a low, good or top performer. from The Business of Fashion https://ift.tt/37mWmIr

UK Shoppers to Shrug off Retail Blues in Pre-Christmas Spree

Online retailers including Asos are banking on a surge in Black Friday sales, as 87 percent of consumers plan to spend more than they did last year. from The Business of Fashion https://ift.tt/2KH5xd8

How MAC Plans to Get Back on Top

MAC may have once been a trailblazer, but it's now the establishment. The company's new leadership team, Drew Elliott and Philippe Pinatel, talk exclusively to BoF about their strategy to win back the US market. from The Business of Fashion https://ift.tt/2O6ouYV

How Publishers Are Supersizing the Holiday Gift Guide

For years, media brands have made an annual event out of their holiday gift guides. Now, they're using that influence to sell stuff through dedicated online shops, retail pop-ups, exclusive products and branded merch. from The Business of Fashion https://ift.tt/2KSkDwz

Macy's Discloses Data Breach

The company reported a slump in sales after confirming customers were exposed to a data hack last month. from The Business of Fashion https://ift.tt/2O2CDX2

Hudson’s Bay Chair to Receive $11 Million Payout In Takeover

The company agreed to sell itself to the group of investors led by Richard Baker last month after the buyers agreed to increase the takeover price to C$1.9 billion. from The Business of Fashion https://ift.tt/35rUL2r

Urban Outfitters Sales Miss Expectations

Shares of the apparel retailer were down 10 percent after the bell. from The Business of Fashion https://ift.tt/2XvuHR5

LVMH’s Latest Brick-and-Mortar Bet

After 15 years and €500 million worth of renovations, LVMH is reopening famous Parisian department store La Samaritaine. But does its 2020 revival make as much sense as it did when the group brokered the deal in 2001? from The Business of Fashion https://ift.tt/2qiRrHZ

T.J.Maxx Owner TJX Buys Stake in Russian Retailer Familia

The acquisition comes after the low-cost apparel retailer enjoyed 24 percent turnover growth in the first nine months of 2019. from The Business of Fashion https://ift.tt/2Qxre31

The Direct-to-Consumer Reckoning

For fashion start-ups, raising money and growing sales came easily. But with costs rising and profits elusive, securing a happy ending for investors is proving much harder. from The Business of Fashion https://ift.tt/3411tMq

How the Company Behind Uggs, Teva and Hoka Makes Ugly Brands Cool

Ugg was once the hottest boot around, before overexposure tarnished its image. Owner Deckers Brands is determined not to make the same mistake with its new hot shoe, Hoka One One sneakers. from The Business of Fashion https://ift.tt/2KvV7Ne

US Appeals Court Restores Gender Bias Lawsuit Against Sterling Jewelers

The decision Monday allows at least 70,000 female employees of the brand to pursue claims of unfair wages and promotions. from The Business of Fashion https://ift.tt/2KxZkQp

Naples Sweatshop Linked to Luxury Groups

Armani, Kering's Saint Laurent and LVMH's Fendi are accused of employing undocumented immigrants. from The Business of Fashion https://ift.tt/37bzQ5j

Why Coty Bought A Majority Stake in Kylie Jenner’s Kylie Cosmetics

Jenner is selling a 51 percent stake of her Kylie Cosmetics line, the latest instance of a beauty conglomerate paying big bucks for a brand that appeals to younger customers. from The Business of Fashion https://ift.tt/2OpzlvD

Estée Lauder to Buy Dr. Jart Owner in First Asian Brand Takeover

South Korean beauty company Have & Be will help expand Estée Lauder’s consumer reach in the Asia-Pacific region. from The Business of Fashion https://ift.tt/2Kvem9S

Careers Counsel | Why We Need to Share Our Personal Struggles at Work

Careers Counsel is a weekly round-up of the most helpful and inspiring advice for boosting your career. from The Business of Fashion https://ift.tt/2XpKIrD

Announcing Viu Eyewear, De La Vali, Figs and Buck Mason

Check out this week’s new partners and openings on BoF Careers, the global marketplace for fashion talent. from The Business of Fashion https://ift.tt/32TdlOZ

At Polimoda, Debating the Future of the Fashion System

A panel of experts shared their insights around sustainability, inclusivity and education at Polimoda’s annual global discussion on fashion. from The Business of Fashion https://ift.tt/35ef7Mo

Inside a Cross-Functional Team of Technological Innovators at Hugo Boss

BoF discovers how the German company, which reported €2.8 billion in sales in 2018, developed one of their experimental technology teams using existing employees to drive innovation across the business. from The Business of Fashion https://ift.tt/358I0JC

The Best Jobs on BoF Careers

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from Vestiare Collective, Nanushka and Alexa Chung. from The Business of Fashion https://ift.tt/33UfGuq

Coty Buys Majority Stake in Kylie Jenner’s Kylie Cosmetics

Jenner is selling a 51 percent stake of her Kylie Cosmetics line to the conglomerate. from The Business of Fashion https://ift.tt/2CSprNR

Hill House Home Ramps Up With Fashion and Baby Push

The direct-to-consumer lifestyle brand has secured its first financing round ahead of the launch of its baby vertical, months after branching into leisure apparel. from The Business of Fashion https://ift.tt/2CP2fQJ

Yoox Net-a-Porter’s ‘Painful’ Tech Upgrade Drags Down Richemont

A troubled technology and logistics makeover at the Richemont subsidiary interrupted the Swiss conglomerate’s grand plans to build a single platform for luxury e-commerce, amid growing competition for online sales. from The Business of Fashion https://ift.tt/2qqxPRY

Inside China's New Capitals of Content

'Influencer cities' from Chongqing to Wuhan are favourites for content creators and their followers, but there’s more at play beyond the geotags. from The Business of Fashion https://ift.tt/2r0oMr6

Gap Inc. Enters a New Era. Will It Be Better Than the Last One?

This week, everyone will be talking about Gap Inc.'s first earnings since the departure of CEO Art Peck, a potential thaw in US-China trade tensions and BoF's annual VOICES conference. Get your BoF Professional Cheat Sheet. from The Business of Fashion https://ift.tt/2NS665H

Online Luxury's Biggest Players Are Struggling, Too

The retail reckoning isn’t just about department stores. MatchesFashion is going through a tumultuous stretch, while Farfetch is trying to get out from under steep losses. What's behind the market shakeout? from The Business of Fashion https://ift.tt/32Op15F

The BoF Podcast: Sandy Liang Takes Risks

The New-York based designer discusses the highs and lows of launching a label straight out of fashion school with BoF's Lauren Sherman. from The Business of Fashion https://ift.tt/2Xhplsx

How Beauty’s Cultiest Cult Brand Plans to Grow Without Selling Out

Biologique Recherche’s growth trajectory has been remarkable and demand for the brand and the uber-popular P50 has never been higher. But it won’t leave the niche professional spa channel for wider distribution, despite landing new investors. from The Business of Fashion https://ift.tt/2CS7pLv

Inside the Student Experience at Thomas Jefferson University

BoF sits down with three current fashion students at the almost 200-year-old American university to hear how the school’s innovative trans-disciplinary approach is preparing them for a career in today’s industry. from The Business of Fashion https://ift.tt/32RvsEY

China's JD.Com Beats Quarterly Revenue Estimates

The e-commerce giant's strong sales were attributed to growth in lower-tier cities. from The Business of Fashion https://ift.tt/352i1ne

Jo Malone Founder Is Teaming Up With Zara on New Fragrance Line

The perfume heavyweight has created a collection of eight unisex scents for the fashion giant as part of a new, long term partnership. from The Business of Fashion https://ift.tt/2KpG73z

Anyone Can Now 'Invest' In a Rolex or Birkin. But Should They?

Apps like Rally and Otis have formed with similar missions of 'democratising' the art world through co-ownership and investment. Offering users the chance to invest in 'cultural artefacts,' however, may be risky. from The Business of Fashion https://ift.tt/2qVt2I6

Is This the End of Gendered Media?

Seeing readers as demographics defined primarily by gender is no longer a sustainable business model. Appealing to readers’ shared interests and values is the future.   from The Business of Fashion https://ift.tt/2XeRFvH

Farfetch Sees Path to Profitability — in 2021

The online luxury marketplace’s sales soared and losses narrowed, easing investors’ concerns about the company’s business model. from The Business of Fashion https://ift.tt/2rDR0rM

Burberry’s China Conundrum

Burberry is writing down the value of its Hong Kong stores as clashes between police and pro-democracy protestors devastate the city's retail sector. Chief Executive Mario Gabbetti told BoF he sees little chance of a rebound in the near future. from The Business of Fashion https://ift.tt/2KmL5y6

The Body Shop Owner Eyes China Following Hong Kong Protests

Natura, which also owns Aesop, aims to find a way of increasing its China presence without testing its products on animals. from The Business of Fashion https://ift.tt/3532Ie1

Dubai's Mall-Building Binge

The luxury destination's retail expansion is expected to fill more than three Mall of Americas — increasing the city's shopping space by about 40 percent — despite failing regional outlets. from The Business of Fashion https://ift.tt/2rMBCtv

Central Saint Martins Criticised For Showcasing ‘Racist’ Student Projects On Social Media

Instagram stories posted by the school’s fashion and textiles course account have sparked a backlash from members of the Chinese fashion community. from The Business of Fashion https://ift.tt/2Od4WAB

Power Moves | Tiger of Sweden Names CEO, Gucci Appoints Communications Lead

This week, Tiger of Sweden poaches its new CEO from Hugo Boss, while Gucci hires its global communications director from within. from The Business of Fashion https://ift.tt/32J0iji

Hong Kong Troubles Shine Light on Long-Neglected Shopper

Despite months of market volatility and political unrest in Asia’s formerly unrivalled shopping capital, luxury retailers like K11, Gucci and Tiffany are pushing ahead with new projects. Why? from The Business of Fashion https://ift.tt/2Km7wDz

Burberry Teams With Chinese Internet Giant Tencent as Sales Fall in Hong Kong

Burberry said sales declined by a double-digit percentage in Hong Kong in the latest period. from The Business of Fashion https://ift.tt/2XhNQ8T

Building the Glossier of the Black Hair Market

With her new DTC beauty brand, Radswan, blogger-turned-entrepreneur Freddie Harrel is pitching clip-in textured hair extensions and wigs to the digitally savvy black consumer. from The Business of Fashion https://ift.tt/3706uXz

Op-Ed | The Fight for Margiela's Legacy

Two documentaries offer contradictory viewpoints on the notoriously secretive designer, raising questions on where the truth lies. from The Business of Fashion https://ift.tt/2Qs6byX

The Truth About Gen-Z and Millennial Employees

In the first of a three-part BoF Careers white paper series, we deep dive into how fashion companies big and small can engage, develop and retain Gen-Z and Millennial employees, based on the results of BoF's Fashion Employee Survey 2019. from The Business of Fashion https://ift.tt/2Xda2kq

Yahoo Japan and Line Messaging App to Merge

Yahoo Japan, otherwise known as Z Holdings, and Naver, which owns Line, are in the final stage of negotiations toward their units' integration. from The Business of Fashion https://ift.tt/34Zkz5I

Canada Goose Earnings Exceed Wall Street Expectations

The Toronto-based company reported a 27.7 percent jump in revenue to $222.2 million. from The Business of Fashion https://ift.tt/2pg265D

Alibaba to Launch Secondary Share Sale in Hong Kong

At $13.4 billion, Alibaba’s share sale would be the city’s largest in more than nine years. from The Business of Fashion https://ift.tt/2pgF7HF

Mulberry's Losses Widen as UK Market Deteriorates

The British luxury brand's shares have fallen 23 percent over the last year. from The Business of Fashion https://ift.tt/2Qii5Lt

Japan's Fast Retailing Partners With Two Robotic Startups

Asia's biggest fashion retailer is investing millions in automation technology to improve shipping processes at their global warehouses. from The Business of Fashion https://ift.tt/2QbWtAi

Nike to Stop Selling Products on Amazon Site

The split comes amid an overhaul of Nike’s retail strategy that aims to focus on direct-to-consumer relationships. from The Business of Fashion https://ift.tt/32Fvi3p

Are There Are Too Many Beauty Brands?

Seemingly every influencer or celebrity thinks they need their own beauty line — but whether there’s room for so many lip kits and eyeshadow palettes remains to be seen. from The Business of Fashion https://ift.tt/2X6T7Ac

11 Honoré Raises $10 Million for Strategic Expansion

The size inclusive e-commerce platform will use the funding from backers including Nordstrom to expand its personal shopping service. from The Business of Fashion https://ift.tt/34Vpx37

Why Inez and Vinoodh Are ‘De-Digitalising’ Their World and Focusing on Humanity

While the prolific Dutch image-making duo were early to embrace digital technology, they increasingly believe in the importance of regaining humanity, reports Angelo Flaccavento. from The Business of Fashion https://ift.tt/2Qdk97x

Ferragamo Warns of Slowdown After Third-Quarter Sales Slip

In the July-to-September period, total revenues fell by 3.6 percent at constant exchange rates. from The Business of Fashion https://ift.tt/34QGlZ2

Gold Lacks Appeal for Young Chinese Luxury Shoppers

Just 12 percent of those aged 18 to 22 intend to buy gold jewellery in the coming year. from The Business of Fashion https://ift.tt/2rzdBFX

The Dark Side of Depop

Millions of teenagers buy and sell clothes on Depop. A BoF investigation has found that many users are also being flooded with requests for nude photos and other inappropriate messages." from The Business of Fashion https://ift.tt/2X5HDNf

How Stone Island Found Its Luxury/Streetwear Sweet Spot

In its 37-year history, Stone Island has grown cult followings among hypebeasts and football hooligans alike. How does the brand reconcile this eclectic customer base as it expands into new markets and demographics? from The Business of Fashion https://ift.tt/2Q5g45n

LVMH Fashion Group Joins BoF Careers

Check out this week’s new partner and openings on BoF Careers, the global marketplace for fashion talent. from The Business of Fashion https://ift.tt/2qH5WF8

Careers Counsel | Why It’s Not Always Bad to Compare Your Career to Others

Careers Counsel is a weekly round-up of the most helpful and inspiring advice for boosting your career. from The Business of Fashion https://ift.tt/34Tg4ts

The Best Jobs on BoF Careers

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from OVO, The RealReal and Browns. from The Business of Fashion https://ift.tt/2QdxYme

Adidas to Close German and US Robot Factories

The German sportswear company will shut down production at two Speedfactories in Ansbach and Atlanta by April 2020, with plans to shift the technology to their suppliers in Asia. from The Business of Fashion https://ift.tt/2X35FbA

How To Engineer a Media Moment

- November 10, 2019

There’s no science to 'going viral' in fashion, but these strategies will help cut through the media noise — even if you're on a budget. from The Business of Fashion https://ift.tt/36Wgh0O

Alibaba Singles’ Day Set to Challenge $31 Billion Record

- November 10, 2019

The shopping day has become an indicator of Chinese consumer health. from The Business of Fashion https://ift.tt/36NxyJf

How Fashion's Unicorns Are Navigating a Post-WeWork World

- November 10, 2019

This week, everyone will be talking about Farfetch's financial results, Burberry's ongoing turnaround and Alibaba's Singles Day. Get your BoF Professional Cheat Sheet here. from The Business of Fashion https://ift.tt/33AXSEt

Attention Luxury Companies, Chinese Spending May Be Slowing Down

- November 09, 2019

'More muted' demand from affluent Chinese customers may lower the growth prospects of luxury companies, said Bernstein analyst Luca Solca. from The Business of Fashion https://ift.tt/2WYS9WB

How Hiding ‘Likes’ Is Good for the Influencer Economy

- November 09, 2019

The anticipated change to the way Instagram displays engagement could drive positive outcomes for influencers, followers and marketers, argues Amy Odell. from The Business of Fashion https://ift.tt/2NXmjVX

America Still Doesn't Have Its Answer to LVMH

Tapestry and Capri have both struggled to form groups that can compete on a global scale. from The Business of Fashion https://ift.tt/2NvVkCb

Richemont's Fashion Business: A Health Check

The Swiss luxury conglomerate has failed to turn brands like Chloe and Dunhill into a soft-luxury empire that can take on Kering and LVMH. Can recent operational changes turn the tide? from The Business of Fashion https://ift.tt/2NWPkRG

Drive Season 2, Episode 3: Ganni’s Nicolaj Reffstrup on Measuring Ecological Impact Effectively

Having turned the Danish womenswear brand from a virtual unknown to a global trendsetter, Ganni's founder discusses how his tech background fuelled his approach. from The Business of Fashion https://ift.tt/2NtqaLn

Redefining Fashion Education at Thomas Jefferson University

Thomas Jefferson University’s approach to fashion education is fuelled by pioneering combinations of disciplines and skills, made capable by its merger with Philadelphia University in 2017. from The Business of Fashion https://ift.tt/33wweIG

WhatsApp Courts E-Commerce with New Catalogue Feature

The messaging app — acquired by Facebook in 2014 — has launched a catalogue feature that allows WhatsApp Business users to display a 'mobile storefront' showcasing their products. from The Business of Fashion https://ift.tt/36L8rXE

Why ‘Masstige’ Could Be Beauty’s Most Important Category

A growing middle ground is propelling beauty into a post-prestige world where under $20 products now appeal to the most devout luxury consumers. from The Business of Fashion https://ift.tt/33AHiVu

Alibaba Eyes Another Record Singles' Day

The Chinese online retailer predicts a surge in sales during the country's 24-hour shopping spree, with over 500 million users expected to participate. from The Business of Fashion https://ift.tt/2JYQoDl

Richemont Weathers Hong Kong Protests as Jewellery Picks Up

Sales at the group rose 9 percent to €7.3 billion in the first half of the 2019-2020 fiscal year, with net profit broadly stable at €869 million. from The Business of Fashion https://ift.tt/2NqbqNo

Richemont Weathers Hong Kong Protests as Jewellery Picks Up

Sales at the group rose 9 percent to €7.397 billion in the first half of the 2019-2020 fiscal year, with net profit broadly stable at €869 million. from The Business of Fashion https://ift.tt/2PWqALZ

How Vogue’s New Go-to Photographer Broke Into the Business

Ethan James Green, the man behind American Vogue’s most recent covers featuring Rihanna and Phoebe Waller-Bridge, is charting a different type of career trajectory with agent Jordan Hancock. They tell BoF about the photographer’s rapid rise. from The Business of Fashion https://ift.tt/2qw4gOI

Tiffany Reportedly Asked LVMH To Raise Its $14.5 Billion Offer

LVMH reportedly remains engaged and is considering a new offer for the American jewellery retailer. from The Business of Fashion https://ift.tt/2oZ3Dgj

Gap Inc. Chief Executive Art Peck Exits

Robert J. Fisher, Gap Inc.'s current non-executive chairman of the board, will replace Peck as interim CEO and president. from The Business of Fashion https://ift.tt/2CoGiaS

Ralph Lauren Sales Soar, Defying Drag From Hong Kong

The luxury fashion house reported a 2 percent rise in revenue in North America thanks to a strengthened domestic market. from The Business of Fashion https://ift.tt/2JYxHzS

Upbeat Results Prompt a Relief Rally in the SLI

Hermès, LVMH, Moncler and Kering all saw strong quarterly results as success in other markets offsets loss of business in Hong Kong. from The Business of Fashion https://ift.tt/2rhXAEc

Power Moves | Erdem Hires CEO, Loewe CFO to Exit

This week, Erdem names its first ever CEO, while Loewe’s CFO of three years steps down. from The Business of Fashion https://ift.tt/2WZnatC

Tod's Sales Fall Amid Weakened Domestic Market

The luxury shoes and leather goods company faces a 'challenging' time as it attempts to recover from a 4.7 percent drop in sales and weeks of protests in Hong Kong.   from The Business of Fashion https://ift.tt/2p1rsEg

Luxury Giants Play Both Sides in the US-China Trade War

Weeks after a controversial meeting with President Donald Trump, LVMH executives, along with their Kering counterparts, are rubbing shoulders with China’s business and political elite including President Xi Jinping. How long can they maintain their delicate balancing act? from The Business of Fashion https://ift.tt/2ro6eBh

Elf Shares Climb as It Boosts Revenue Outlook

The beauty company said sales for the year will be $265 million to $272 million, up from the original forecast of $246 million to $256 million. from The Business of Fashion https://ift.tt/34CLp3i

These Designers Want to Fight Climate Change. Just Don't Call Them 'Sustainable'

Indie labels like Collina Strada and VIN + OMI are among a growing breed of eco-conscious fashion brands fed up with the way the conversation around sustainability has been co-opted and diluted by billion-dollar retailers. from The Business of Fashion https://ift.tt/2oTzVcn

The Aftermath of Hong Kong’s Protest Uniform

In the wake of the city’s ongoing pro-democracy protests, an all-black look has become a polarising statement with wider repercussions in politics and retail. from The Business of Fashion https://ift.tt/36HTCoP

The RealReal Responds to Counterfeit Accusations

In an email sent to customers, Chief Executive Julie Wainwright acknowledged that spotting fakes isn’t an exact science. from The Business of Fashion https://ift.tt/36FGMHG

Coty Revenue Misses Wall Street Expectations

The cosmetics company reported a 9.7 percent decrease in revenue following a drop in demand for makeup products and the rise of minimalistic looks. from The Business of Fashion https://ift.tt/2NkZwo0

Capri Misses Profit Estimates as Hong Kong Protests Hurt Versace Sales

The group, which also owns Michael Kors and Jimmy Choo, said it expects third-quarter revenue of $1.53 billion, below analysts' average estimate of $1.60 billion. from The Business of Fashion https://ift.tt/2rgYzo9

Adidas Earnings Beat Estimates as North America Sales Improve

The European market also showed more promise as sales returned to growth, rising 3.2 percent. from The Business of Fashion https://ift.tt/32lyNvN

Weak Clothing Sales Hit Britain's M&S Profit

The British retailer's "transformation" plan has been hindered after weakened clothes sales, resulting in a 17 percent drop in first-half profit. from The Business of Fashion https://ift.tt/2NjRcoC

For Barneys' Brands, It's All About Damage Control

Under the owner Authentic Brands Group, vendors will not only lose a long-term buyer but also endure deep discounts in Barneys liquidation sales. from The Business of Fashion https://ift.tt/2WMJCpt

Announcing the Latest Speakers for VOICES 2019

Juergen Teller, Carole Cadwalladr and Alok V Menon are the latest names to join an exciting and inspirational group of speakers at BoF's Annual Gathering for Big Thinkers to be held in Oxfordshire, UK later this month. from The Business of Fashion https://ift.tt/2NL976I

Streetwear Took Over the Fashion Industry. Now What?

Hoodies, sneakers and graphic T-shirts may have peaked as high fashion trends, but the movement’s wider influence is far from over. from The Business of Fashion https://ift.tt/2NJsywL

LVMH Is Now the Second-Largest Company in Europe: How Did That Happen?

The French luxury group's market capitalisation has passed the €200 billion mark, underscoring its category dominance — and the outsize spending power of luxury consumers. from The Business of Fashion https://ift.tt/2NjGvSP

Most Young Americans Want to Be Influencers

No less than 86 percent of people ages 13 to 38 are willing to try out influencing, according to a survey from Morning Consult. from The Business of Fashion https://ift.tt/2WT7Sqg

Fifth Avenue Rents Decline as Retail Stores Struggle

Lower Fifth Avenue saw the biggest decrease in rent prices, falling by 25 percent, while upper Fifth Avenue fell by just 0.7 percent. from The Business of Fashion https://ift.tt/2PP7urb

Tapestry Tops Profit Estimates Due to Coach Brand's Overseas Success

Despite increased demand for high-margin Coach handbags in outside the ailing US market, net sales for the group fell to $1.36 billion, missing expectations of $1.37 billion from The Business of Fashion https://ift.tt/2pzlKK8

Hugo Boss Sees Recovery Elsewhere After Hong Kong Hit

The German luxury house predicts a rise in operating profit in the fourth quarter, despite falling sales in the US and declining growth in Asia. from The Business of Fashion https://ift.tt/2pyIH01

Pandora Cuts Sales Outlook After Poor Third-Quarter

Weakened customer demand, falling shares and political unrest in Hong Kong have hindered the jewellery brand’s attempt at relaunching. from The Business of Fashion https://ift.tt/2Cc6g1a

Mulberry and Acne, The Unlikely Couple

A surprising partnership between the British heritage handbag maker and one of Sweden’s coolest labels is launching today. BoF investigates why. from The Business of Fashion https://ift.tt/2NkgH9v

Case Study: Inside Moncler's 'Genius' Strategy

In our latest in-depth report, BoF examines how the Italian brand’s limited-edition monthly drops became one of the most compelling new models for luxury. from The Business of Fashion https://ift.tt/34qYbla

Gucci Rolls Out New Pop-Up Concept

With themes like “Year of the Mouse” and “psychedelic,” temporary “Gucci Pin” outposts are meant to feed growing demand for constant newness. from The Business of Fashion https://ift.tt/2CbSHif

Ferrari Brings In Armani to Boost to Its Luxury Brand

The luxury sports car manufacturer has teamed up with the fashion house to increase sales of their of premium priced handbag and clothing lines. from The Business of Fashion https://ift.tt/2PIFUM6

Careers Counsel | 3 Simple Ways to Prepare for a Job Interview

Careers Counsel is a weekly round-up of the most helpful and inspiring advice for boosting your career. from The Business of Fashion https://ift.tt/2JOcjgw

Announcing Bulgari, Emory Stewart Team and Jennifer Behr

Check out this week’s new partners and openings on BoF Careers, the global marketplace for fashion talent. from The Business of Fashion https://ift.tt/36y6zBi

The Best Jobs on BoF Careers

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from Margaret Howell, Tommy Hilfiger and Farfetch. from The Business of Fashion https://ift.tt/2WEzn6G

Under Armour Faces Federal Probe Over Accounting Practices

The sportswear company confirmed on Sunday that it is assisting a federal investigation into claims it had shifted sales from quarter to quarter dating back to 2017. from The Business of Fashion https://ift.tt/2rbfclf

Why Men’s Fashion Shows Are Back

- November 03, 2019

With its return to Milan Fashion Week Men’s next January, Ferragamo is the latest brand to step away from the co-ed show trend. But what’s the strategic rationale behind this? from The Business of Fashion https://ift.tt/2qiqu6H

There Are Lessons to Learn from Zac Posen

- November 03, 2019

The designer’s enchanting rise and predictable fall are emblematic of what’s wrong with the system. from The Business of Fashion https://ift.tt/2NcRoFZ

Does the Owner of Coach and Kate Spade Need a Plan B?

- November 03, 2019

This week, everyone will be talking about Tapestry's first results since the departure of CEO Victor Luis, Richemont's latest attempt to build a soft luxury business and the early arrival of Black Friday sales. from The Business of Fashion https://ift.tt/34pOOCj

The BoF Podcast: Theory Founder Andrew Rosen on Fashion’s Past — and Future

The fashion retail pioneer speaks with BoF Chief Correspondent Lauren Sherman about identifying a gap in US and international markets for contemporary clothing brands and investing in emerging designers. from The Business of Fashion https://ift.tt/34oqssS

Zac Posen Closes His Namesake Line

The New York designer, known for his red carpet gowns, announced on Friday that he was shutting down after failing to find a buyer or new investors. from The Business of Fashion https://ift.tt/36zQMSK

TikTok Gets a National Security Review

US lawmakers have been calling for a national security review in recent weeks, referring to TikTok as a 'potential counterintelligence threat we cannot ignore.' from The Business of Fashion https://ift.tt/2JHHH08

It’s Official: Barneys New York's New Owner Is Authentic Brands Group

The licensing firm’s $271.4 million acquisition of the bankrupt luxury department store has closed, spelling likely the end for Barneys’ remaining stores. from The Business of Fashion https://ift.tt/2q802wx

Barneys Liquidation Could Begin This Weekend as Authentic Brands Group’s Bid Wins Out

How ‘Big Luxury’ Stays on Top

Whether or not a deal goes through, LVMH’s $14.5 billion Tiffany takeover bid is another sign that the giants that dominate the luxury sector are becoming more powerful. Why is this happening? What risks do they face? And what can smaller players do to compete? from The Business of Fashion https://ift.tt/2N7EZDf

Google to Buy Fitbit for $2.1 Billion

While the acquisition gives the tech giant access to Fitbit’s 27 million active users, the deal could increase antitrust scrutiny. from The Business of Fashion https://ift.tt/2qZgnUB

Forever 21 Avoids Store Closures After Rent Cuts