Fashion World News

The breakthrough signals the bloc’s determination to focus on economic opportunities in Asia even amid criticism of Beijing’s record on human rights. from The Business of Fashion https://ift.tt/380NWJ5

JCPenney’s CEO Is Out as Retailer’s New Owners Split Company

The new owners of the department store are searching for a new leader to replace chief executive officer Jill Soltau. from The Business of Fashion https://ift.tt/34WuCuC

Tiffany Shareholders Back LVMH Takeover

The jeweller’s shareholders approved a $15.8 billion deal with the luxury conglomerate on Wednesday. from The Business of Fashion https://ift.tt/2WYfBUE

Paco Tang Departs Condé Nast China

from The Business of Fashion https://ift.tt/3o5fS48

Pierre Cardin Dies at 98

- December 29, 2020

The designer was known for his futuristic designs and pioneering the licensing model in fashion. from The Business of Fashion https://ift.tt/2KB12nG

Mytheresa Files for IPO in US

- December 28, 2020

from The Business of Fashion https://ift.tt/2L305Ec

French Retailers Seek Aid as Sales Fail to Recover From Lockdown

- December 28, 2020

from The Business of Fashion https://ift.tt/3hsE65N

UK Boxing Day retail footfall slumps 60% amid Covid-19 restrictions

- December 27, 2020

from The Business of Fashion https://ift.tt/2KGk2AT

Alibaba Antitrust Fears Worsen China’s Internet Selloff

- December 27, 2020

from The Business of Fashion https://ift.tt/38FTLut

US Holiday Retail Sales Rose 3%, Driven by E-Commerce

- December 26, 2020

While online sales jumped 49 percent overall from a year ago, sectors including apparel and luxury were among the hardest hit by the pandemic. from The Business of Fashion https://ift.tt/3hophkH

US Stores Welcome Last Minute Boost as Shoppers Dodge Package Delays

- December 25, 2020

Postal tie-ups are forcing millions to do their Christmas shopping physically. from The Business of Fashion https://ift.tt/2KseKJv

Japan Retail Sales Drop as Tokyo Consumer Prices Fall Most Since 2010

- December 25, 2020

An uptick in virus cases is keeping consumers at home and slowing recovery across the country. from The Business of Fashion https://ift.tt/3hiFXtT

UK Confirms Post-Brexit Trade Deal With EU

- December 24, 2020

The eleventh-hour agreement will allow for tariff and quota-free trade in goods after December 31, but won’t apply to the services industry or the financial services sector. from The Business of Fashion https://ift.tt/3nI5gYN

Fédération de la Haute Couture et de la Mode Announces Haute Couture, Mens Schedules

- December 23, 2020

from The Business of Fashion https://ift.tt/3mK7B4d

Model Stella Tennant Dies at 50

- December 23, 2020

The British model made her name in the early ‘nineties walking for designers like Alexander McQueen and Versace. from The Business of Fashion https://ift.tt/37JAZTN

Gift Card Surge to Provide Much-Needed Boost for US Retailers

- December 23, 2020

The country’s gift card spending during the holidays is expected to rise 19 percent compared to last year. from The Business of Fashion https://ift.tt/38xkeue

Fear of God’s Jerry Lorenzo to Lead Adidas’ Basketball Division

- December 22, 2020

from The Business of Fashion https://ift.tt/3ph8JOl

Holiday Shoppers With Money To Burn Covet Secondhand Luxury

- December 22, 2020

Sales of rings soared 92 percent this month compared with last year, while Saint Laurent boots sales climbed 36 percent, according to online luxury consignment shop Tradesy. from The Business of Fashion https://ift.tt/3nHlbGQ

More UK Retailers Fight To Survive After One of Worst Years

- December 22, 2020

The number of companies selling both online and in stores in ‘significant financial distress’ has reached 40,000, up 24 percent since this time last year. from The Business of Fashion https://ift.tt/3hb2jgQ

Fashion Can’t Solve the Ocean Plastic Problem

Brands are pumping out millions of shoes, bags and shirts made with plastic they say was rescued from the world’s oceans and beaches. But the environmental impact is hard to measure and some experts say the industry is doing more harm than good. from The Business of Fashion https://ift.tt/3hcAd54

Op-Ed | How to Fight Anti-Black Racism in Fashion Schools

At the fashion school where I am chair, I learned firsthand how fashion education undermined Black students. Here’s what we’re doing about it. from The Business of Fashion https://ift.tt/2LYkNWt

The BoF Podcast: How Meditation Can Improve Your Life

Is mindfulness powerful enough to help stave off illness? Wellness guru Deepak Chopra and entrepreneur Carmen Busquets discuss the benefits the practice can bring to mental, physical and spiritual wellbeing at BoF VOICES. from The Business of Fashion https://ift.tt/3mFYrWa

Arcadia Administrators Sell Evans Brand to Australia’s City Chic

Evans is the first Arcadia brand to be sold since the fashion group filed for bankruptcy last month. from The Business of Fashion https://ift.tt/2KKciOd

Boohoo Appoints PKF Littlejohn as New Auditor

The appointment will replace the fast fashion e-tailer’s previous auditor PwC, which had been in the role for around seven years. from The Business of Fashion https://ift.tt/34wAwCi

Announcing Dr Barbara Sturm, Best of Seven and Tasc Performance

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/37BJxfF

What’s Next for Streetwear’s Biggest Brands

The new owners of Stone Island and Supreme have lofty expectations for their billion-dollar brands. Is it possible to scale these labels without sacrificing cool? from The Business of Fashion https://ift.tt/38mal2t

Careers Counsel | How to Enforce Your Boundaries During Paid Time Off

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/34vp7Tv

The Best Jobs on BoF Careers

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from New Guards Group, Shrimps and Chico’s. from The Business of Fashion https://ift.tt/3apfMQW

Get Out of China’s Coercive Cotton Fields

- December 18, 2020

This week, claims that over half a million Muslims from minorities in China’s Xinjiang Uighur Autonomous Region are being forced to pick cotton widely used in the global fashion industry stunned consumers and stained major brands, highlighting longstanding traceability problems that must be solved. from The Business of Fashion https://ift.tt/3akbtGx

What Beauty Brands Need to Do to Address Their Packaging Problem

- December 18, 2020

A growing number of consumers want beauty products minus the plastic packaging. Greener options are expensive — but some viable options are emerging. from The Business of Fashion https://ift.tt/2J1skCF

Gucci to Launch on Tmall as Kering and Alibaba Reconcile On Counterfeit Claims

- December 18, 2020

from The Business of Fashion https://ift.tt/34kdUFh

CNMI Launches Report and Roadmap to Socially Sustainable Wage Practices in Fashion

Having conducted the largest survey of wage and payment conditions in the luxury sector, the Camera Nazionale della Moda Italiana hopes to act as an example to other international manufacturing hubs. from The Business of Fashion https://ift.tt/37s7Exc

Tim Blanks’ Top Fashion Shows of All-Time: Alexander McQueen Spring/Summer 2001, September 26, 2000

BoF’s editor at large revisits the beauty in the horror and the horror in the beauty that were the tentpoles of McQueen’s aesthetic. from The Business of Fashion https://ift.tt/2KC4vBK

The BoF Podcast: Rashad Robinson on Addressing Racial Inequality in Fashion

This summer’s protests forced fashion to examine its longstanding issues with racial discrimination at every level. At BoF VOICES, Color Of Change president Rashad Robinson laid out how to turn the industry’s new awareness into meaningful action. from The Business of Fashion https://ift.tt/2Wn0P9R

Pitti Uomo and Milan Fashion Week Men’s Announce Dates for Physical-Digital Hybrid Events

from The Business of Fashion https://ift.tt/3mudUZA

Alexander McQueen After the Fall

There was a militant, bare bones feel to designer Sarah Burton’s Spring 2021 collection and very little of the couture-level detail which has distinguished her work. This was clothing for tough times, and yet it was hard to avoid the nagging sense of McQueen diminished in some way. from The Business of Fashion https://ift.tt/2IVRQcq

This Year in China: 2020

From Covid-19 to trade tensions, read about the forces that shaped China’s fashion, beauty and luxury sectors over the past 12 months and what to expect in 2021. from The Business of Fashion https://ift.tt/3gTScwX

MatchesFashion Appoints Natalie Kingham as Global Fashion Officer

from The Business of Fashion https://ift.tt/34lIePX

Kering Confirms French Investigation For Financial Crimes

from The Business of Fashion https://ift.tt/2WuhpEx

H&M’s Helena Helmersson on Making Retail More Resilient

H&M Group sank to a loss in the second quarter of 2020 as the pandemic caused sales to plummet 50 percent year-on-year, but it has since recovered faster than expected. The fast fashion giant’s chief executive is focusing on more sustainable business models to drive growth in the coming years. from The Business of Fashion https://ift.tt/3ntP9xI

Post Corona: From the Brand Age to the Product Age

The primacy of brand is giving way to the primacy of product as the internet rewires media and business, argues Scott Galloway in an exclusive excerpt from his latest book, ‘Post Corona: From Crisis to Opportunity.’ from The Business of Fashion https://ift.tt/3nrIyEb

Are These Fashions Linked to Forced Labour? Brands Can’t Confidently Say No.

At least 570,000 Uighur Muslims are being forced to work in Chinese cotton fields that produce one-fifth of the world’s supply, a new report says. Most fashion brands can’t promise their products aren’t implicated, with concern spreading from fast-fashion and sportswear giants to luxury groups like Kering. from The Business of Fashion https://ift.tt/3r6Wfe6

StockX Valued at $2.8 Billion After Series E Funding Round

from The Business of Fashion https://ift.tt/3npC8pb

Moncler Bets on Younger Chinese Shoppers for Post-Covid Recovery

The luxury jacket maker’s latest move is to buy the Italian high-end casual fashion brand Stone Island popular with Gen-Z. from The Business of Fashion https://ift.tt/2WnA44U

Patagonia’s New CEO Plots a Post-Trump Future for the Activist Brand

Ryan Gellert talks about how his #Resistance clothing company can continue the climate fight. from The Business of Fashion https://ift.tt/3agMKTq

Raf Simons Debuts Multidisciplinary E-Commerce Platform

from The Business of Fashion https://ift.tt/37njzvX

Chinese Luxury Resale Platform Plum Raises Eight Figures In Series B Round

from The Business of Fashion https://ift.tt/2WnaA82

China Nearly Doubled Its Overall Share of the Global Luxury Market in 2020

from The Business of Fashion https://ift.tt/3mot0jd

Dutch Retailers Grapple With Sudden Christmas Lockdown

from The Business of Fashion https://ift.tt/3r1XF9y

Fashion Mogul Peter Nygard Arrested on Sex-Trafficking Charges

from The Business of Fashion https://ift.tt/3oWBJL1

Ruyi Group Defaults on Second Domestic Yuan Bond

The SMCP owner has missed a payment on a 1 billion yuan ($153 million) bond due to tight liquidity. from The Business of Fashion https://ift.tt/34i5FJG

Bangladesh Plans Export Revamp as It Aims To Dump ‘Least Developed Country’ Status

from The Business of Fashion https://ift.tt/34hAKx0

Superdry Names Co-Founder Julian Dunkerton as Permanent CEO

from The Business of Fashion https://ift.tt/3oUS17h

UK Official Says ‘Still Not There’ on EU Trade Deal

from The Business of Fashion https://ift.tt/2KvrsXv

Shahi Exports’ Anant Ahuja on Reforming the Fashion Supply Chain

Before the pandemic, Shahi Exports was generating roughly $1 billion a year producing for brands like Gap and Uniqlo, making it India’s largest apparel manufacturer for export. The executive leading the firm’s sustainability initiatives reflects on new opportunities to reform fashion’s supply chain, despite the crisis and turbulence ahead. from The Business of Fashion https://ift.tt/3gPAsml

At BFA, Fashion’s New Priorities for Content Creation

The established New York-based image agency has refocused its product offering, finding creative content solutions that aid its industry clients in navigating unprecedented disruption. from The Business of Fashion https://ift.tt/2WkZYXa

Soaring Starkness at Saint Laurent

The collection revealed Anthony Vaccarello’s sly comment on work from home, 2020′s modus operandi: on screen, you’re all business. Out of sight, anything goes. from The Business of Fashion https://ift.tt/2Wm9d9o

At Bottega Veneta, From Lockdown to Life

The collection had an oddly domestic feeling yet almost every piece looked ready to rave, reflecting the dichotomy of the times. from The Business of Fashion https://ift.tt/3gOhufV

The BoF Podcast: A Covid Survivor’s Story

When Sophia Neophitou-Apostolou, editor-in-chief of 10, returned home after a whirlwind month zipping between shows in fashion’s capitals last March, she thought she’d come down with a case of the ‘fashion month flu.’ What came next changed her perspective on both the industry and her life. from The Business of Fashion https://ift.tt/3oRyEvO

Condé Nast Elevates Anna Wintour, Streamlines Editors in Major Reshuffle

Edward Enninful, Will Welch and a handful of other deputies will set global or regional strategies for their magazines as the publisher streamlines and consolidates its editorial operations. from The Business of Fashion https://ift.tt/3nnp03Q

De Beers Raises Diamond Prices for First Time Since Pandemic

Prices increased by 2 percent to 3 percent at the diamond giant’s final sale of the year. from The Business of Fashion https://ift.tt/3nmWrDA

New Report Warns Forced Labour May Impact Majority of Xinjiang Cotton Production

from The Business of Fashion https://ift.tt/380jZaU

Natalie Massenet’s Imaginary Ventures Raises $160 Million for Second Fund

from The Business of Fashion https://ift.tt/3qXHlGF

JD Sports Buys Shoe Palace for $325M To Expand US Footprint

from The Business of Fashion https://ift.tt/3miOePy

Facebook, Twitter Face British Fines if Fail on Harmful Content

The tech giants face fines of up to 10 percent of turnover if they fail to abide by new laws aimed at protecting children. from The Business of Fashion https://ift.tt/3oWqQJ4

H&M Sales Go Into Reverse as Europe Locks Down Again

The Swedish retailer’s sales fell 22 percent from a year earlier in October and November. from The Business of Fashion https://ift.tt/37kk3D9

Inditex’s Sales Decline Slowed Before November Knock

from The Business of Fashion https://ift.tt/2WdonOe

Africa’s Answer to Amazon on Balancing Speed with Discipline

Jumia has seized the e-commerce opportunity in dynamic markets from Nigeria to Egypt, though it didn’t see the growth rates analysts expected during the pandemic. Next year, the e-tailer will be even more disciplined about its path to profitability, says chairperson Juliet Anammah. from The Business of Fashion https://ift.tt/3mjKI7m

The Radical Strategy That Drove Nike’s Pandemic Success

How a bold direct-to-consumer push unveiled by former chief executive Mark Parker almost four years ago drove the sportswear giant’s stock price to an all-time high in the middle of a pandemic. from The Business of Fashion https://ift.tt/3nnaRDD

Under Armour Sued Over Claims About ‘Scientifically Tested’ Fabric

from The Business of Fashion https://ift.tt/3oQO43n

Kim Jones Will Present His First Fendi Couture Collection January 27

from The Business of Fashion https://ift.tt/3achK7c

Holiday Retail Workers Seek ‘Temporary Lifeline’ in Warehouse Jobs

This year, the balance of available holiday jobs has shifted from storefront to warehouse and delivery as people take their shopping online. from The Business of Fashion https://ift.tt/37i9y3u

Adidas Reviews Strategic Options for Reebok

from The Business of Fashion https://ift.tt/3mi3ETZ

Report: Rihanna Seeks $100M to Scale Savage x Fenty

from The Business of Fashion https://ift.tt/3acXSAG

The Best Jobs on BoF Careers

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from Gucci, Stella McCartney and Zara. from The Business of Fashion https://ift.tt/37eon6S

Careers Counsel | How to Improve Your Communication Skills

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/3ndaA6a

Beijing Fines Alibaba, Tencent Unit Under Anti-Monopoly Laws

China’s antitrust watchdog is making moves to increase its scrutiny of the country’s tech giants. from The Business of Fashion https://ift.tt/3oQvRTy

Unilever To Put Its Climate Change Plans To Shareholder Vote

from The Business of Fashion https://ift.tt/2JSWmsY

Flying Fur Prices Put Fox in Focus as Mink Cull Sparks Shortage

from The Business of Fashion https://ift.tt/3oMiKCU

The Retail Footprint of the Future

In the post-pandemic world, conventional approaches to store network optimisation are no longer enough. Fashion brands need to urgently scrutinise their global retail footprint or risk further financial blows in 2021. from The Business of Fashion https://ift.tt/3aacMI6

No Parties, No Problem: How Fashion Is Selling Holiday Clothes in 2020

In a year where sweatpants, pyjamas and activewear dominated fashion, brands have had to adjust their own offerings just to survive. So, what sells? from The Business of Fashion https://ift.tt/380d1CO

Report: Authentic Brands Group Plotting Double Takeover of Debenhams, Arcadia

The licensing firm that counts Barneys, Brooks Brothers and Juicy Couture among its brands is reportedly in talks with the administrators of both stricken retailers. from The Business of Fashion https://ift.tt/3nfQmZC

Report: Affirm Could Postpone IPO

The buy-now-pay-later company planned to go public this month but is still waiting for regulatory clearance, according to people familiar with the matter. from The Business of Fashion https://ift.tt/2Wc06bq

The Vaccine Is Finally Here. When Will Fashion See the Benefits?

This week, everyone will be talking about the rollout of Covid-19 vaccines, Saint Laurent’s approach to showing and Nike’s financial results. Get your BoF Professional Cheat Sheet. from The Business of Fashion https://ift.tt/3ab47oD

What’s Behind Vogue’s Editor-in-Chief Exodus?

Publisher Condé Nast continues to cut costs and streamline operations, as its US-based leadership consolidates its power after a global merger. from The Business of Fashion https://ift.tt/344ePts

Why a Vaccine Won’t Save the Fashion Industry

The impact of the pandemic is expected to linger even as mass vaccination programs begin. Fashion companies cannot afford to be complacent. from The Business of Fashion https://ift.tt/3ney7DG

How Fragrances Became the ‘Unexpected Star’ of the Pandemic

There’s no online replacement for walking into a store and smelling a fragrance sample. But brands are finding ways to sidestep this dilemma, sending US fragrance sales soaring after a rocky start to the year. from The Business of Fashion https://ift.tt/3a38rqa

Editor-in-Chief Christiane Arp Exits Vogue Germany

from The Business of Fashion https://ift.tt/378SSep

Chinese Retailer Suning Pledges Shares to Alibaba To Secure Loan

from The Business of Fashion https://ift.tt/3n9oOFe

The Webster to Open First Store Outside the US

The American boutique has emerged as a winner in the pandemic even as other multi-brand luxury retailers face challenges from The Business of Fashion https://ift.tt/3m7SD7F

Selfridges’ Anne Pitcher on the Sudden Pivot to Local Shopping

The boss behind UK-based Selfridges Group, whose portfolio includes luxury department stores across Europe and Canada, explains how customer-centric thinking and a return to local shopping could unlock retail’s recovery. from The Business of Fashion https://ift.tt/37VGGwH

Tim Blanks’ Top Fashion Shows of All-Time: Thierry Mugler Autumn/Winter 1995, March 26, 1995

BoF’s editor at large travels to Cirque d’Hiver, a 150-year old circus in the funky 11th arrondissement of Paris, where Mugler used fashion and film’s past to mould a vision of a fierce sci-fi future. from The Business of Fashion https://ift.tt/3gHpqzp

At Zalando, Connecting Retailers to E-Commerce to Drive Growth

Zalando’s growing Connected Retail ecosystem offers retailers access to its platform in eight major markets at no cost, expanding its product assortment and localised service capabilities in the process. from The Business of Fashion https://ift.tt/3m4MQ2D

What Fashion and Beauty Brands Need to Know About a Potential Facebook Breakup

However it plays out, the industry stands to benefit. from The Business of Fashion https://ift.tt/33YWiyE

The BoF Podcast: ‘Change Isn’t Good Enough if It’s Just Change for Me’

Can fashion avoid tokenism and make sincere inclusivity a reality? At BoF VOICES, Sinéad Burke and Samira Nasr talk about how to be an inclusive leader in 2020. from The Business of Fashion https://ift.tt/375dR1T

Instagram Launches Shopping in Reels

from The Business of Fashion https://ift.tt/3gARWT7

L’Oréal Invests in Social Commerce Platform Replika Software

from The Business of Fashion https://ift.tt/3qLZyHp

L’Oréal Invests in Social Commerce Platform Replika Software

from The Business of Fashion https://ift.tt/3qLZyHp

LVMH Scion Sees Fewer Far-Flung Fashion Shows in Luxury’s Future

Antoine Arnault joins the luxury group’s rivals in signalling changes to the fashion calendar. from The Business of Fashion https://ift.tt/3m2wNCr

Chinese Influencers to Know In 2021

As growth stalls elsewhere, brands are set to focus their marketing budgets on China and its influencers. But a new cohort of KOLs are driving engagement and sales across the market’s digital ecosystems. from The Business of Fashion https://ift.tt/3qLo23i

Alibaba’s Mike Hu on ‘Three-Dimensional’ Retail

Mike Hu, the executive who manages relationships with luxury brands like Burberry, Versace and Cartier for Alibaba-owned Tmall, says the e-commerce giant will employ a new ‘three-dimensional model’ of retail. from The Business of Fashion https://ift.tt/3gJ13S9

The Payments Race: The Rise of Buy Now, Pay Later

We share actionable insights from the VOICES 2020 talk, identifying the consumer mindset driving the adoption of Buy Now, Pay Later solutions and why retailers should look to the fastest-growing online payment method in the US when developing post-pandemic resurgence plans. from The Business of Fashion https://ift.tt/3gwH9JE

Why Protecting Fashion’s Factory Workers Is Harder Than Ever

Apparel manufacturers are limiting access to third parties, including regulators and auditors, raising concerns about fair labour practises and safe workplaces. from The Business of Fashion https://ift.tt/370sTps

Pantone Reveals 2021 Colour(s) of the Year

from The Business of Fashion https://ift.tt/33YtqGw

Facebook Accused of Abusing Monopoly by Federal and State Officials

from The Business of Fashion https://ift.tt/2VYQAZe

FTC Sues to Stop Procter & Gamble From Buying Women’s Razor Maker Billie

from The Business of Fashion https://ift.tt/3qHfASO

EssilorLuxottica Is Said to Be Reconsidering GrandVision Deal

from The Business of Fashion https://ift.tt/371oJhi

Vogue Spain Editor-in-Chief Eugenia de la Torriente Steps Down

from The Business of Fashion https://ift.tt/3oCLQED

Hermès Sells Majority Stake in Shang Xia to Agnelli Family’s Investment Fund

from The Business of Fashion https://ift.tt/2VX9UG5

Little Chance of Brexit Trade Deal, Says French Official

from The Business of Fashion https://ift.tt/3m1botE

H&M’s Treatment of Ethnic Minority Customers Reviewed in Sweden

from The Business of Fashion https://ift.tt/37PhVSX

Puig Restructures, Outlines Growth Strategy

from The Business of Fashion https://ift.tt/2VTEwYT

Global Fashion Agenda Founder and CEO Steps Down to Join Pangaia

from The Business of Fashion https://ift.tt/37PPLqP

Remember Show in a Box? Meet Magazine in a Box

‘_____is fun’ is a new experiential media title that cannot be purchased, only gifted or shared. from The Business of Fashion https://ift.tt/39OGBh8

Kering’s Gregory Boutté on Fast-Tracking a Digital Upgrade

The man tasked with embedding digital into the customer experience at the group behind Gucci, Saint Laurent and Bottega Veneta says it’s ‘full-steam ahead’ for e-commerce growth in 2021. The challenge will be reinventing Kering’s sprawling store network for ultra-connected luxury consumers. from The Business of Fashion https://ift.tt/2VWTzBo

At PacSun, Company Values Defined by Youth Culture

The retail company champions positive mental health, diversity and equality to authentically resonate and engage its young employee and consumer base. from The Business of Fashion https://ift.tt/37LSZvx

At Dior Men, Curating the Cosmos

Kim Jones’ collaboration with ’80s art star Kenny Scharf might have been the designer’s most confident match to date in its pairing of tailored elegance and pop exuberance. from The Business of Fashion https://ift.tt/33UwdQZ

Elie Saab and Multi-Brand Retailer The Conservatory Join Amazon Luxury

from The Business of Fashion https://ift.tt/2L8ju6L

The BoF Podcast: The Future of Moncler’s ‘Genius’

At BoF VOICES, Remo Ruffini speaks to Imran Amed about adapting his brand’s programme of designer collaborations to a post-pandemic reality where Chinese customers and online activations are paramount. from The Business of Fashion https://ift.tt/3gu0OKy

Can Reformation Make Fast Fashion Sustainable?

The LA-based brand is laying out a new set of commitments designed to decouple its growth from its environmental impact. from The Business of Fashion https://ift.tt/2JKQMbS

Valentino to Stage ‘Interactive Experience’ in Shanghai

from The Business of Fashion https://ift.tt/37Mqf64

Christopher Raeburn to Relaunch Two Brands Created by Stone Island Founder

from The Business of Fashion https://ift.tt/37JQBFB

Louis Vuitton’s CEO on Navigating the Pandemic and the Future of Luxury

The French megabrand was hit hard by the pandemic. But Chief Executive Michael Burke led Louis Vuitton to a healthy rebound by engaging local clients and driving sales online. Now, the executive is calling for a return to the original values of luxury. from The Business of Fashion https://ift.tt/37H3lwV

Selfridges Launches New Retail Concept in Support of Independent Designers

from The Business of Fashion https://ift.tt/2VNXMXI

JCPenney Exits Chapter 11 — Now Comes the Hard Part

from The Business of Fashion https://ift.tt/3oDco93

Chloé Names Gabriela Hearst Creative Director

The New York-based Uruguayan designer succeeds Natacha Ramsay-Levi, whose exit was announced last week. from The Business of Fashion https://ift.tt/2JW0kRd

Luxury Gets Vaccine Boost

A series of strong trading results further fuelled optimism in November, but investors would be wise to remain cautious as the pandemic remains a destabilising force. from The Business of Fashion https://ift.tt/3qA7wmC

Careers Counsel | 6 Tips for Hiring the Right People

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/36SzhPA

The Best Jobs on BoF Careers

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from Burberry, On Running and Moncler. from The Business of Fashion https://ift.tt/39ODd5P

California Imposes Fresh Restrictions Amid Record COVID Cases

from The Business of Fashion https://ift.tt/3mR7iW0

Announcing Reformation and RewardStyle

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/3qA3FG9

Ted Baker Cuts Jobs as Losses Balloon and Brexit Looms

from The Business of Fashion https://ift.tt/3qCG7jZ

The Super-Rich Are Buying Luxury Online Like Never Before

from The Business of Fashion https://ift.tt/36Q0nqF

Death of a Fur Industry Exposes Covid’s Enduring Threat

from The Business of Fashion https://ift.tt/36PgIf0

Moncler Acquires Stone Island

The Italian brand founded by Carlo Rivetti and Massimo Osti blurs the lines between technical wear, streetwear and fashion. from The Business of Fashion https://ift.tt/3qwaecW

The Year Ahead: Learning to Live with the Virus

Amid unprecedented levels of uncertainty, companies must rewire their operating models to enable flexibility and faster decision-making, while balancing speed and discipline in pursuit of innovation. from The Business of Fashion https://ift.tt/3mPqgw9

The Year Ahead: Diminished Demand Is Here to Stay

With consumer demand for fashion unlikely to bounce back in 2021, companies should seize new opportunities and double down on outperforming categories, channels and territories. from The Business of Fashion https://ift.tt/33ROrCL

The Year Ahead: The Digital Sprint Will Have Winners and Losers

The pandemic has accelerated digital adoption. Successful fashion players must optimise their online experience and channel mix while finding persuasive ways to integrate human touch. from The Business of Fashion https://ift.tt/3lQwP0m

The Year Ahead: Consumers to Seek Justice in the Supply Chain

With low-level workers throughout fashion’s global supply chain facing the sharp end of the crisis, consumers will increasingly expect companies to offer them more dignity, security and justice. from The Business of Fashion https://ift.tt/2JQiovT

The Year Ahead: Travel Disruption Will Redraw the Fashion Map

With international tourism remaining subdued throughout 2021, companies will need to better engage with local consumers and make strategic investments in markets witnessing a stronger recovery. from The Business of Fashion https://ift.tt/3oHbUPh

The Year Ahead: Less Is More for Both Consumers and Brands

Consumers are rethinking how much they buy, while brands are realising that simply stocking more products does not drive better financial results. Winning companies must reduce complexity and inventory levels by taking a more focused and responsive approach to their assortment. from The Business of Fashion https://ift.tt/3qtq3RL

The Year Ahead: Fashion Is Set for a Surge in M&A

As the gap widens between the best-performing companies and the rest, M&A activity will increase as leaders manoeuvre to take market share, unlock new opportunities and expand capabilities. from The Business of Fashion https://ift.tt/3mOQNd2

The Year Ahead: Keep Your Suppliers Close

To mitigate future ruptures, fashion players must move away from transactional relationships with suppliers in favour of deeper partnerships that bring greater agility and accountability. from The Business of Fashion https://ift.tt/3qASbm0

The Year Ahead: Rethinking Retail ROI

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 The Business of Fashion https://ift.tt/3lQPARl

The Year Ahead: The WFH Revolution Will Rewire the Workplace

Companies should refine their blends of remote and on-premises work, invest in reskilling talent and instil a greater sense of shared purpose and belonging in employees. from The Business of Fashion https://ift.tt/3mSqfHT

Inside Nike’s Radical Direct-to-Consumer Strategy — Download the Case Study

How did Nike’s share price hit an all-time high in the middle of a pandemic? The American sportswear giant’s success is rooted in a radical direct-to-consumer strategy built around content, community and customisation, and conceived for a post-internet world where brand connections are everything. from The Business of Fashion https://ift.tt/3mTxuQ2

At Balenciaga, Armour for Our Neo-Medieval Age

For Autumn/Winter 2021, designer Demna Gvasalia seemed to search for light in our techno-feudal darkness, writes Tim Blanks. from The Business of Fashion https://ift.tt/37GFzRx

JD.com Becomes China’s First Online Mall to Test Digital Yuan

JD Digits, the e-commerce giant’s fintech affiliate, will launch a pilot program this month. from The Business of Fashion https://ift.tt/3lQzffe

TikTok Sale Deadline on Hold as Talks With US Continue

While the deadline has been extended multiple times, TikTok isn’t expected to receive a new one. from The Business of Fashion https://ift.tt/2VMKoTK

Mike Ashley’s Frasers Group in Talks to Buy Debenhams

If Ashley succeeds in his negotiations, it will be the culmination of a long and troubled involvement with the iconic department store. from The Business of Fashion https://ift.tt/3mQFVeT

Hong Kong Retailer I.T to Go Private in $168 Million Deal

The company cited challenging market conditions, including digital disruption and the Covid-19 outbreak, as reasons for agreeing to the deal. from The Business of Fashion https://ift.tt/33RfQop

Zalando Co-CEO Rubin Ritter To Step Down

Ritter, responsible for strategy and communications on the management team, said he wanted to prioritise his wife’s professional ambitions and growing family. from The Business of Fashion https://ift.tt/33OOcIS

Watch All the Talks from VOICES 2020, BoF’s Annual Gathering for Big Thinkers

Fashion insiders including Remo Ruffini, Dries Van Noten, Samira Nasr, Virgil Abloh and José Neves were joined by experts from the wider worlds of science, technology, politics, economics and more to reflect on a year of global crisis and what’s next for the fashion industry and beyond. from The Business of Fashion https://ift.tt/2JJwuiR

Balenciaga Joins Fashion’s Video Game Craze

This week, everyone will be talking about Balenciaga’s unique approach to debuting its new collection and holiday shipping snafus. Get your BoF Professional Cheat Sheet. from The Business of Fashion https://ift.tt/3geYaYX

Primark Pegs Sales Lost to Fall Lockdowns at £430M

- December 04, 2020

from The Business of Fashion https://ift.tt/2L7j2G1

Is Big Tech a Threat to Fashion?

- December 04, 2020

Major technology platforms enable fashion brands to connect with vast audiences of consumers. But that access comes at a price. from The Business of Fashion https://ift.tt/2IaQJVX

Highlights from VOICES 2020

- December 04, 2020

Fashion insiders including Remo Ruffini, Dries Van Noten, Samira Nasr, Virgil Abloh and José Neves were joined by experts from the wider worlds of science, technology, politics and more to reflect on a year of global crisis and what’s next for the fashion industry and beyond. from The Business of Fashion https://ift.tt/39GCxj1

Sephora and Ulta Battle for the Big-Box Retail Market

As the future of beauty specialty retail remains uncertain, Sephora and Ulta are teaming up with giants like Targets and Kohl’s for security — and hopefully to attract some new customers. from The Business of Fashion https://ift.tt/2I8GS2T

Victoria’s Secret Hires Condé Nast Creative Director Raul Martinez

from The Business of Fashion https://ift.tt/33F1dVi

Ulta Slides as Mask-Wearing Consumers Steer Clear of Makeup

The beauty retailer expects comparable-store sales for its holiday quarter to fall 12 to 14 percent, which is similar to declines early in the pandemic. from The Business of Fashion https://ift.tt/3lIuzbb

VOICES 2020: Optimising Health: Mind, Body and Soul

The final session of VOICES addressed how leading health experts and fashion leaders think about the consequences of the pandemic on health and wellness, including everything from how sleep patterns changed to unlocking higher consciousness. from The Business of Fashion https://ift.tt/36BqvVV

Renaissance at the Château of Chanel?

The Metiers d’Art collection Virginie Viard presented this evening, though superb in its craftsmanship, reflected a recipe that has become stuffy, writes Angelo Flaccavento. from The Business of Fashion https://ift.tt/3gawc0u

VOICES 2020: Retail in the Roaring ’20s

Futurist Doug Stephens, Farfetch chief executive José Neves, investor David Bell and others discuss the future of retail and how the pandemic will shape this next era of commerce. from The Business of Fashion https://ift.tt/37C1olr

Jonathan Anderson, Aurora James, Samuel Ross and More Honoured at the Fashion Awards 2020

Raf Simons and Muiccia Prada were also among the 20 industry stars recognised at the annual ceremony, which has been reimagined for the pandemic. from The Business of Fashion https://ift.tt/2KWJaDg

The BoF Podcast: How to Master Sleep During the Pandemic

Good sleeping habits have been linked to higher productivity and better health. At BoF VOICES, Imran Amed discusses the secrets to a good night’s rest with neuroscience Professor Matthew Walker and Oura Founder Harpreet Singh Rai. from The Business of Fashion https://ift.tt/3g4o15N

Farfetch and Alibaba Open Up About Their Mega-Deal with Richemont

Speaking on the $1.15 billion mega-deal between Farfetch, Alibaba and Richemont for the first time at VOICES 2020, José Neves and J. Michael Evans laid out their vision for the year ahead. from The Business of Fashion https://ift.tt/36DIRpe

Condé Nast Names Natalia Gamero del Castillo Managing Director of Europe

from The Business of Fashion https://ift.tt/2I6D4za

Chloé's Natacha Ramsay-Levi Steps Down

The designer is leaving the Richemont-owned fashion house after nearly four years. from The Business of Fashion https://ift.tt/3g5d3Nt

Can China Help Save Brands Again Next Year?

This year, many fashion brands were rescued by Chinese consumers. Next year, they will need to act fast to get the same treatment. from The Business of Fashion https://ift.tt/3g4Hymt

L Catterton Invests $150 Million in Function of Beauty

from The Business of Fashion https://ift.tt/3g0gXXO

US Bans Cotton Imports From Chinese Producer, Citing Xinjiang ‘Slave Labour’

The move against Xinjiang Production and Construction Corps, which produced 30 percent of China’s cotton in 2015, is the Trump administration’s latest effort to harden the US position against Beijing. from The Business of Fashion https://ift.tt/3g0bUqk

British Vogue Announces Publishing Team Shakeup

from The Business of Fashion https://ift.tt/3ofroJZ

Fashion Media’s Missed Influencer Opportunity

Publishers have struggled with how to make branded content deals sweet enough for editors with growing social media followings. from The Business of Fashion https://ift.tt/3mzdGBe

UPS Turned Down Packages From Large Retailers Like Gap and Macy’s During Cyber Monday

from The Business of Fashion https://ift.tt/2VseQlU

VOICES 2020: How Technology Is Shaping Culture and Consumption

Session 3 of VOICES 2020 addressed how the pandemic spiked e-commerce activity and time spent online by consumers, escalating the importance of authentic, engaging online platforms and raising more questions about the value of physical products and spaces. from The Business of Fashion https://ift.tt/3lyYjrc

VOICES 2020: Fixing the Fashion System

Industry leaders including Remo Ruffini, Dries Van Noten and Harper’s Bazaar’s Samira Nasr offered ideas on how to solve some of fashion’s biggest problems, from outdated approaches to showing, delivering and discounting collections to the need for more meaningful inclusion. from The Business of Fashion https://ift.tt/3qlAmHp

Dries Van Noten’s ‘Forum’ and ‘Rewiring Fashion’ Join Forces to Rebuild the Fashion System

Two early-pandemic initiatives set out to solve some of the industry’s biggest problems, from rampant discounting to a warped fashion calendar. Now, they’re coming together. from The Business of Fashion https://ift.tt/33EHhBE

Stella McCartney Hires New CMO

from The Business of Fashion https://ift.tt/33Bx74J

Barneys New York to Return in 2021 After Pandemic Delays Revival

from The Business of Fashion https://ift.tt/3gcmyul

Moncler to Stage Genius Show in China in Pandemic Pivot

Speaking at VOICES 2020, Chairman and CEO Remo Ruffini called the move a ‘software update’ to the Italian skiwear brand’s marketing strategy, designed to harness momentum in the critical Chinese market. from The Business of Fashion https://ift.tt/36sjF5c

Hodinkee Raises $40 Million and Hires Mr Porter’s Toby Bateman as CEO

The online destination for high-end new and vintage watch fans, founded by Benjamin Clymer in 2008, is aiming to scale its content-meets-commerce model in a challenging watches market. from The Business of Fashion https://ift.tt/3lAh9hw

E-Tailer Thirteen Lune Launches To Champion Beauty Brands Founded by People of Colour

from The Business of Fashion https://ift.tt/2I1np49

Nike’s Anti-Racism Ad Provokes Backlash in Japan

from The Business of Fashion https://ift.tt/3ltLZIM

Bonmarché Files For Bankruptcy For Second Time This Year

from The Business of Fashion https://ift.tt/3lulWRB

Report: Beauty Bay Eyes London Public Listing

from The Business of Fashion https://ift.tt/3lvXEqz

Global Brands Uneasy as China’s New Export Law Takes Effect

from The Business of Fashion https://ift.tt/2JvFiZz

Elbaz’s New Venture, Sterling Ruby Join Paris Haute Couture Week

from The Business of Fashion https://ift.tt/3qkK3py

Zalando’s Cyber Week Sales Beat Last Year by More Than a Third

Zalando added more than one million customers during the sales period with gross merchandise volume growing by 35 percent. from The Business of Fashion https://ift.tt/3qjCGyG

France’s Interparfums Raises 2020 Revenue Forecast To Over €340 Million

from The Business of Fashion https://ift.tt/33CR6A7

UK Retail Emerges From Lockdown as a Much Diminished Industry

The shutdown dealt a hammer blow to stores during their most lucrative period of the year. from The Business of Fashion https://ift.tt/3lv6aWG

The State of Fashion 2021 Report: Finding Promise in Perilous Times

The fifth annual State of Fashion report by The Business of Fashion and McKinsey & Company forecasts the continuation of tough trading conditions next year, forcing companies to find their ‘silver linings strategies.’ Download the full report to understand the 10 themes that will define the global fashion industry in 2021 and how to navigate the currents they create. from The Business of Fashion https://ift.tt/2JEYm7i

Download the Report: The State of Fashion 2021

Click below to download BoF and McKinsey & Company’s in-depth report on the global fashion industry in 2021, focusing on the themes, issues and opportunities impacting the sector. from The Business of Fashion https://ift.tt/3lCLtZ7

VOICES 2020: Finding Opportunity in a Global Crisis

Session 1 of VOICES 2020 grappled with the immense challenges and opportunities in the wider world beyond the borders of the fashion industry, covering the pandemic, de-globalisation, the threat of big tech, the racial reckoning and what fundamentally makes us happy. from The Business of Fashion https://ift.tt/36t52Pa

Michael Bastian Joins Brooks Brothers as Creative Director, Zac Posen Exits

from The Business of Fashion https://ift.tt/3mxbo5y

Sephora and Kohl’s Team Up for Long-Term Retail Partnership

from The Business of Fashion https://ift.tt/39CyeoV

Online Marketplace Ankorstore Raises $30 Million in Funding Round Led by Index Ventures

The start-up, founded last year by former Etsy, Vestiaire Collective and A Little Market employees, has already attracted 15,000 independent retailers. from The Business of Fashion https://ift.tt/3ls7Q3g

Debenhams Set to Shut Down, Threatening 12,000 Jobs

The closure of one of Britain’s oldest department stores is another severe blow for the high street following the collapse of Arcadia. from The Business of Fashion https://ift.tt/37s8KaQ

UK Business Minister Says Government Will Support Those Affected by Arcadia Collapse

from The Business of Fashion https://ift.tt/3mpJrwA

Amazon Says Sellers Racked up $4.8 Billion in Global Sales Over Holiday Weekend

from The Business of Fashion https://ift.tt/2VmDXqA

Luxury’s E-Commerce Shake-Up Is Just Getting Started

Executive changes at LVMH, YNAP and MatchesFashion are the latest sign of rapid change in a hyper-competitive market where the stakes are high and rising. from The Business of Fashion https://ift.tt/39t4SJg

Fashion Makes Mixed Progress on Circularity

Brands missed roughly a third of the goals they set for themselves as part of an industry initiative that ended this year, reflecting the challenge that remains for the sector beyond ambitious sustainability targets. from The Business of Fashion https://ift.tt/37pqsMa

How to Make Sense of 2020? Tune into VOICES Today.

BoF’s annual gathering for big thinkers begins today. Join our live global broadcast 9am-12pm New York, 2pm-5pm London, 10pm-1am Shanghai. from The Business of Fashion https://ift.tt/3lqwa5i

Under Armour Launches Steph Curry Brand in Shot at Nike’s Jordan

from The Business of Fashion https://ift.tt/3linqhO

De Beers Plans To Clean up Diamond Supply Chain, Be Carbon Neutral by 2030

from The Business of Fashion https://ift.tt/37kAvC9

Topshop-Owner Arcadia Group Enters Administration

The highest-profile British retail casualty this year concludes a long and turbulent downward spiral for a business that once ruled the high street. from The Business of Fashion https://ift.tt/3qfKnWI

Black Friday Online Sales Surged, but It Wasn’t Enough To Offset in-Store Traffic Loss

from The Business of Fashion https://ift.tt/33xyv8B

#BoFLIVE: Are Marketplaces the New Department Stores?

BoF’s Lauren Sherman joins the founders of The Yes, Not Just a Label and Henning to discuss the future of multi-brand retail. from The Business of Fashion https://ift.tt/2JuxmYo

BFC Announces Its Annual New Wave: Creatives List

from The Business of Fashion https://ift.tt/3mpxYgv

Longchamp’s Philippe Cassegrain Dies from Covid-19

from The Business of Fashion https://ift.tt/39rn71I

China to Overtake the US as the World’s Largest Consumer Market ‘Very Soon’

from The Business of Fashion https://ift.tt/3qdJuh3

Frasers Group Confirms Interest in Topshop Owner Arcadia Group

from The Business of Fashion https://ift.tt/36lMRe3

The Best Jobs on BoF Careers

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from Amiri, KCD and Roland Mouret. from The Business of Fashion https://ift.tt/2Vj7aCE

Careers Counsel | How to Encourage Employee Accountability

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/2VeToAS

Global Retail Sales Expected To Drop 16% in 2020

from The Business of Fashion https://ift.tt/2KKAqQA

LVMH Names New Chairman and CEO of Selective Retailing Division

from The Business of Fashion https://ift.tt/2HQv19A

UK Allows Retailers to Open 24/7 In Lead Up to Christmas

from The Business of Fashion https://ift.tt/2JnzL74

LVMH Shakes Up Digital Team, Plans Faster Move to Shared Tech

The group named its first omnichannel director as chief digital officer Ian Rogers exits. Its 75 brands are set to speed up the migration to shared technology systems. from The Business of Fashion https://ift.tt/3fNkgBD

LVMH Chief Digital Officer Leaves For French FinTech Start-Up

from The Business of Fashion https://ift.tt/3fNJG1T

YNAP Names New CEO, Federico Marchetti To Stay On As Chairman

An internal hire from parent company Richemont will take the reins of the luxury e-commerce group. from The Business of Fashion https://ift.tt/3o5KMJi

MatchesFashion Appoints Net-a-Porter’s Elizabeth von der Goltz Chief Commercial Officer

from The Business of Fashion https://ift.tt/36mWtp3

Where VCs Are Placing Their Bets

- November 29, 2020

Financiers are pouring money into e-commerce businesses at a record rate, anticipating new pandemic-driven opportunities. from The Business of Fashion https://ift.tt/2Jv2vL1

Can Fashion Salvage Christmas Sales?

- November 29, 2020

This week, everyone will be talking about how the industry can drive crucial holiday season sales, another month of digital events and BoF’s annual VOICES conference. Get your BoF Professional Cheat Sheet. from The Business of Fashion https://ift.tt/2VcaRde

Luxury Industry Fights to Keep Tourists in London After Brexit

- November 29, 2020

Retailers are calling on the UK government to reverse a decision to abolish a tax relief perk for shoppers visiting from outside the EU. from The Business of Fashion https://ift.tt/3lcZah2

Zappos Founder Tony Hsieh Dies Following House Fire Injuries

- November 28, 2020

from The Business of Fashion https://ift.tt/3o47Dov

Report: Mike Ashley to Offer Lifeline to Arcadia Group

- November 28, 2020

from The Business of Fashion https://ift.tt/37fzfQS

The Face Names Matthew Whitehouse Editor

from The Business of Fashion https://ift.tt/3mggaUL

Is the Future of Luxury E-Commerce Big or Small?

Soon after Farfetch stock surged on the back of its Alibaba mega-deal, mid-sized Mytheresa quietly submitted paperwork for a proposed IPO. Can a niche player compete with the heft of online luxury’s leaders in an overcrowded market? from The Business of Fashion https://ift.tt/3fIKxRt

#BoFLIVE: How to Build a Sustainable Fashion Brand: Masterclass 5 — The Case for Culture

What does it take to build a fashion brand that is good for both people and the planet, but still makes business sense? In the final part of BoF’s masterclass series, we’ll look at the importance of culture, and how companies can make sure their values are embedded in business decisions from the start. from The Business of Fashion https://ift.tt/3fJUC0C

#BoFLIVE: State of Fashion 2021

McKinsey & Company’s Achim Berg and Anita Balchandani and BoF’s Imran Amed will be sharing key insights, themes and issues from The Business of Fashion and McKinsey & Company’s State of Fashion 2021 report. from The Business of Fashion https://ift.tt/33n64tS

Report: Topshop Collapse Imminent

from The Business of Fashion https://ift.tt/3nZ3thI

Labour Campaigners Accuse Boohoo of Flight to Offshore Manufacturing

from The Business of Fashion https://ift.tt/37bEDEG

$5 Billion ‘American Dream’ Mall Faces Make or Break Holiday Season

from The Business of Fashion https://ift.tt/37sa1ir

Sycamore Unit to Pay $540 Million for Ann Taylor, Loft, Lane Bryant and Lou & Grey

from The Business of Fashion https://ift.tt/2JgM4lM

VOICES 2020 — Explore the Full Agenda

BoF’s annual gathering for big thinkers will take place from Dec 1-3, 2020 via a live global broadcast. Register today to reserve your spot. from The Business of Fashion https://ift.tt/3mc8L9a

The BoF Podcast: Tory Burch on Finding Purpose in Female Empowerment

The American designer talks to Tim Blanks about how fashion businesses can be advocates for change. from The Business of Fashion https://ift.tt/378UgN3

Report: End Clothing Explores Stake Sale, Seeking £700 Million Valuation

from The Business of Fashion https://ift.tt/3l9aBGC

Boohoo Appoints Former High Court Judge to Oversee Ethical Turnaround

from The Business of Fashion https://ift.tt/369NeIo

Looking for a Chinese Investor? Consider This.

After a brief lull in activity, Chinese investors could help drive next year’s M&A frenzy. But if past performance is anything to go by, there are reasons to exercise caution before signing on the dotted line. from The Business of Fashion https://ift.tt/3l2qvCw

Model Halima Aden Quits Runway Over Religious Beliefs

from The Business of Fashion https://ift.tt/33AwHMj

Op-Ed | A Sustainability Solution for Fashion: Sell Signifiers, Not Stuff

Better manufacturing processes won’t solve fashion’s sustainability problem, but brands could decouple the social signifiers they fundamentally sell from physical goods and reassign them to immaterial products like media experiences, argues Aaron Chamberland. from The Business of Fashion https://ift.tt/2V2R1RD

Why Big Brands Are Investing in Sustainability Start-Ups

This year, Ralph Lauren and Lululemon have joined the likes of H&M Group, Kering and Chanel in pouring money into innovations that could reduce the industry’s environmental impact. from The Business of Fashion https://ift.tt/2V2lmQj

US Consumer Spending Rose in October While Incomes Declined

from The Business of Fashion https://ift.tt/33fjtnG

L Brands Replaces Victoria’s Secret CEO

John Mehas will step down as the head of the lingerie brand after 21 months in the role as part of a broader executive shake up. from The Business of Fashion https://ift.tt/33ii1kG

Condé Nast Puts Them Editor-in-Chief in Charge of Love Magazine

from The Business of Fashion https://ift.tt/37e7590

L Brands Replaces Victoria’s Secret CEO

John Mehas will step down as the head of the lingerie brand after only 18 months in the role as part of a broader executive shake up. from The Business of Fashion https://ift.tt/33jhfDQ

#BoFLIVE: Seizing the African E-Commerce Opportunity

How are Africa’s online players marketing and selling product to domestic and international markets? from The Business of Fashion https://ift.tt/361CNa0

Gap Falls Amid Weakness at Namesake Brand

The company is closing poor-performing Gap stores where sales declined by 14 percent, while shifting the brand to an online focus. from The Business of Fashion https://ift.tt/3fvWWrI

Mytheresa Says It Has Filed for IPO

The luxury e-tailer is planning to seek a valuation of about $1 billion to $1.5 billion. from The Business of Fashion https://ift.tt/364dSTm

Nordstrom Tops Earnings Estimates, Sees Boost in Online Sales

The company’s executives said they still expect a percentage decline in fourth-quarter net sales in the low 20s range. from The Business of Fashion https://ift.tt/3pTo3Sm

The Future of Buying

As the pandemic reshapes the retail landscape, the role of buyers is changing too. from The Business of Fashion https://ift.tt/39dBPcH

Gap Hires Chief Growth Officer, and President and CEO of Banana Republic

from The Business of Fashion https://ift.tt/3m40R1A

Anya Hindmarch, AllBirds Take Stand Against Black Friday

from The Business of Fashion https://ift.tt/2UY67YC

CEO Jan Singer Out at J.Crew

The executive, who joined the ailing retailer in January, will be replaced by Madewell chief executive Libby Wadle. from The Business of Fashion https://ift.tt/35Z410O

Rubric Initiative Launches To Support Emerging Creatives of Colour

from The Business of Fashion https://ift.tt/3fGF4e5

Balenciaga To Show Fall Collection Via Video Game in December

from The Business of Fashion https://ift.tt/3pYopXN

Tiffany Posts Smaller-Than-Expected Q3 Revenue Decline

The American jeweller’s net sales fell about 1 percent to $1.01, beating expectations of $980.71 million. from The Business of Fashion https://ift.tt/3l0tv2f

At Verizon Media, Making Extended Reality Technology Accessible

The media company is seeking to democratise access to 5G-enabled extended reality programmes and has previously partnered with London College of Fashion and HTC. from The Business of Fashion https://ift.tt/39bpg1w

How Lockdown 2.0 Is Hitting the Supply Chain

The first wave of the pandemic devastated fashion’s supply chain. Fresh restrictions in Europe this month have already led to more cancellations and price pressure, and more pain is on the horizon as cases worsen in North America. from The Business of Fashion https://ift.tt/3fw2q5N

The Quest to Make Wearable Tech Fashionable

With the launch of a yellow-gold band, Silicon Valley-favourite Oura wants its smart ring to be as stylish as it is functional. Lauren Sherman gives it a test drive. from The Business of Fashion https://ift.tt/2URuK9i

Chiara Ferragni Inks New Children’s Clothing Licensing Deal

from The Business of Fashion https://ift.tt/35UV3lm

Snapchat Launches TikTok, Instagram Reels Competitor

from The Business of Fashion https://ift.tt/2UUpQII

Macy’s Inc. and InStyle Join 15 Percent Pledge to Support Black-Owned Brands

from The Business of Fashion https://ift.tt/3fsaUuO

Grazia Names Kenya Hunt Deputy Editor

from The Business of Fashion https://ift.tt/3nQ9uND

#BoFLIVE: Fashion’s Next Steps in Overhauling Its Recruitment Processes

Three diversity and inclusion experts formed a panel discussion to deep dive into essential milestones for fashion’s journey to create more inclusive hiring practices. from The Business of Fashion https://ift.tt/336dHoj

The Best Jobs on BoF Careers

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from Craig Green, PVH and Coach. from The Business of Fashion https://ift.tt/3pTpAId

Careers Counsel | Working Parents and the Pandemic

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/33ckrkC

Announcing Boy Smells, The Level Group and Omnes

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/35WiN8M

The World’s Famed Shopping Streets Are Preparing for the Worst

from The Business of Fashion https://ift.tt/3m1r6pi

What Happens When Retail Landlords Invest in Their Tenants?

- November 22, 2020

As store closures reach a record high in the wake of the pandemic, brands and property owners are working more closely together. But it’s not a perfect union. from The Business of Fashion https://ift.tt/396YPKn

Is There a New Gucci Brewing?

- November 22, 2020

Tim Blanks talks in-depth to Alessandro Michele about his multi-day ‘GucciFest’ and desire to transcend ‘the old world’ before the pandemic. from The Business of Fashion https://ift.tt/2J0TsRU

Black Friday and Fashion’s Cloudy Holiday Outlook

- November 22, 2020

This week, everyone will be talking about the kickoff to the holiday shopping season, financial results from a trio of mall brands and the status of Brexit negotiations. Get your BoF Professional Cheat Sheet. from The Business of Fashion https://ift.tt/399ZdYv

Avery Baker Returns to Tommy Hilfiger as President and Chief Brand Officer

from The Business of Fashion https://ift.tt/3fi47nm

Fashion Needs a Ceasefire in the Trade Wars

With Joe Biden preparing to reboot US trade relationships, a potential breakthrough in the Brexit deadlock and the creation of the world’s largest trade bloc in Asia, there is hope of one. from The Business of Fashion https://ift.tt/3nD2rYo

Chanel To Stage Métiers d’Art Show Without Audience Amid French Lockdown

from The Business of Fashion https://ift.tt/3nHPUmO

How Beauty Stores Have Changed During the Pandemic

Most retailers have had six months or more to remake the customer experience for the pandemic, from curbside pickup to virtual testers. Here’s what’s worked and what hasn’t. from The Business of Fashion https://ift.tt/36ZBRSW

Tomorrow Acquires Majority Stake in London Concept Store Machine-A

from The Business of Fashion https://ift.tt/3kIAWuM

Angelica Cheung Left Vogue China. What’s Next for Chinese Media?

The former editor-in-chief’s 15-year tenure has mirrored the growth of the world’s largest fashion market and a rapidly changing media landscape. from The Business of Fashion https://ift.tt/3nKxUIv

Vogue China Editor Angelica Cheung To Step Down

from The Business of Fashion https://ift.tt/2IVWgQH

C-Beauty Giant Yatsen Raises $617m in IPO

from The Business of Fashion https://ift.tt/330JSFQ

Learn from Leaders at Farfetch, Alibaba and, Rent the Runway at VOICES 2020

BoF’s annual gathering for big thinkers will take place from Dec 1-3, 2020 via a live global broadcast. Register today. from The Business of Fashion https://ift.tt/2Kpc3Ia

Where People Are Shopping Again

As Asia’s recovery outpaces other regions, brands shouldn’t lean on China alone. Multi-brand stores in cities like Seoul and Tokyo are becoming more important to labels trying to claw back lost revenues elsewhere. from The Business of Fashion https://ift.tt/3pLrRVW

British Retailers Peacocks and Jaeger Enter Administration

Over 4,700 jobs are at risk. from The Business of Fashion https://ift.tt/2IPTbkT

Zalando Expects Faster Growth in 2021

After struggling to meet a surge in demand in the early stages of the COVID-19 pandemic, the German fashion e-tailer is scaling up in the new year. from The Business of Fashion https://ift.tt/36ONP1v

The BoF Podcast: David Bailey on a Life of ‘Looking Again’

The acclaimed photographer talks to Tim Blanks about his new autobiography and extraordinary career. from The Business of Fashion https://ift.tt/36TMt5F

Paris Fashion Week Says Fall Shows Brought in 135 Million Views on YouTube

from The Business of Fashion https://ift.tt/2ISiWRz

Macy’s Reports 20% Drop in Comparable Sales

The department store chain is bracing for a challenging holiday period as Covid-19 cases surge across the US. from The Business of Fashion https://ift.tt/2UHUWDa

Lululemon Adds to Board of Directors

from The Business of Fashion https://ift.tt/2KcR9M7

Lululemon Adds to Board of Directors

from The Business of Fashion https://ift.tt/2KcR9M7

What the World’s Largest Trade Agreement Means for Fashion

Who are the industry’s big winners and losers as a result of this week’s signing of the Regional Comprehensive Economic Partnership (RCEP)? from The Business of Fashion https://ift.tt/3kRMpII

Pinterest, 1 Granary Launch Visual Discovery Platform for Fashion Design Graduates

from The Business of Fashion https://ift.tt/2UDvKxG

Prioritising a Culture of Inclusivity at PVH Corp.

BoF interviews three leaders from across the company’s portfolio of brands, each driving diversity, inclusivity and equity initiatives at the organisation forward, through associate-led groups. from The Business of Fashion https://ift.tt/3pIXkHY

Tim Blanks’ Top Fashion Shows of All-Time: Kim Jones Autumn/Winter 2005

BoF’s editor at large remembers one of Jones’ earliest collections, ‘a celebration of youth’ where the future took a sharp edge. from The Business of Fashion https://ift.tt/32WNzwh

Why Social Media Advertising Is Still Necessary

Brands that benefited from a drop in customer acquisition costs at the beginning of the pandemic must figure out how to get the most out of their investments as prices rise dramatically. from The Business of Fashion https://ift.tt/3nDtFhA

For Fashion Start-Ups, Which Bets Are Worth the Risk?

Since it relaunched in 2019, Alex Mill has doubled its sales for two years running. Here’s what the company has invested in — and what has paid off. from The Business of Fashion https://ift.tt/3lO4vfY

L Brands Reports Better-Than-Expected Quarterly Sales

from The Business of Fashion https://ift.tt/32ZWWLM

How to Beat Luxury’s Long, Slow Recovery, According to Bain

Luxury sales overall won’t likely get back to pre-pandemic levels before 2022. But a few brands are already surging ahead of the pack. from The Business of Fashion https://ift.tt/35IjvpW

De Beers Diamond Demand Recovers From Covid-19 Hit

from The Business of Fashion https://ift.tt/3pGBJ36

PVH Hires Nike’s Jessica Lomax as Calvin Klein Global Head of Design

from The Business of Fashion https://ift.tt/35HAuJ3

Target’s Sales Soar Ahead of Crucial Holiday Shopping Period

The retailer’s comparable sales including e-commerce jumped 20.7 percent from a year earlier. from The Business of Fashion https://ift.tt/390klAB

Industry Professionals Launch Programme to Recruit Black Students for Future Fashion Careers

from The Business of Fashion https://ift.tt/2ILv9aG

The New Online Platform Celebrating Black Creative Talent

from The Business of Fashion https://ift.tt/3nBFo0d

Global Fashion Group Raises $140 Million

from The Business of Fashion https://ift.tt/2UClBRT

Global Luxury Goods Sales Set for Largest Ever Fall

Luxury sales worldwide are forecast to drop by 23 percent to €217 billion ($258 billion) this year. from The Business of Fashion https://ift.tt/3pE8Fcm

Farfetch Partners With The Folklore To Showcase African Talent

from The Business of Fashion https://ift.tt/3kGDVUG

J.Crew’s Survival Plan: Edit Out ‘the Ugly’

The struggling American retailer has a new chief executive in industry veteran Jan Singer. Will her strategy bring it back from the brink? from The Business of Fashion https://ift.tt/2UEfZqq

Can Rimowa Pull a Louis Vuitton?

Alexandre Arnault, chief executive of the LVMH-owned maker of hardshell suitcases, is betting that softening up — and inching toward the hyper-competitive handbag market — will drive growth during this tough time for the travel industry. from The Business of Fashion https://ift.tt/3lKwtcc

Seizing Fashion’s Homeware Opportunity

The home goods market was heating up pre-pandemic, but now a fresh crop of brands have ambitions to capitalise on the space. What do they need to do to succeed? from The Business of Fashion https://ift.tt/35HWKTc

Alber Elbaz’s AZ Factory Set to Launch in January

from The Business of Fashion https://ift.tt/3nsUeWE

Report: Indian Factory Workers Supplying for Ralph Lauren Allege Exploitation

from The Business of Fashion https://ift.tt/32SpBSO

Former Farfetch Executive Joins PR and Brand Consultancy ScienceMagic.Inc

from The Business of Fashion https://ift.tt/2IKyjM3

Aspesi Appoints Lawrence Steele Creative Director

from The Business of Fashion https://ift.tt/3fbDQqH

Boohoo Adds to Board of Directors

from The Business of Fashion https://ift.tt/36K6jQx

StockX Amps Up Asia Expansion With Hong Kong Authentication Site

from The Business of Fashion https://ift.tt/2UA1K5Q

Launchmetrics Acquires Chinese Influencer Marketing Agency Parklu

from The Business of Fashion https://ift.tt/3kzDBGZ

International Woolmark Prize Announces 2021 Finalists

The winner will receive AU$200,000 and an opportunity to be sold at retailers around the globe. from The Business of Fashion https://ift.tt/3pAXPnB

Does Vaccine Promise Put US Consumers in a Shopping Mood?

Apparel retail earnings are currently forecast to fall 40.1 percent for the third quarter from a year ago. from The Business of Fashion https://ift.tt/2IMMQXs

JD.com Announces 29% Boost in Third-Quarter Revenue

from The Business of Fashion https://ift.tt/3kDf5VI

JD.com Announces 29% Boost in Third-Quarter Revenue

from The Business of Fashion https://ift.tt/3kDf5VI

How to Build a Sustainable Fashion Brand — Buying Better

In the latest instalment of BoF’s five-part online learning series London Editor Sarah Kent is joined by Better Buying’s Marsha Dickson and Remake’s Ayesha Barenblat to discuss how improving brands' purchasing practices can drive positive change. from The Business of Fashion https://ift.tt/3pzHHCS

Chasing The Holy Grail of Circular Fashion

Scaling technology that can recycle old clothes back into new ones has eluded the industry for a decade. A series of new projects this year suggest fashion may be nearing a tipping point. from The Business of Fashion https://ift.tt/3f3VVaa

GQ’s Nikki Ogunnaike Named Harper’s Bazaar Digital Director

from The Business of Fashion https://ift.tt/2UwS7op

Arcadia Denies Report That It’s On Brink of Bankruptcy

from The Business of Fashion https://ift.tt/3nt3slR

JD.com Announces 29% Boost in Third-Quarter Revenue

from The Business of Fashion https://ift.tt/3f6mRpC

The Best Jobs on BoF Careers

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from Erdem, Altuzarra and Who What Wear. from The Business of Fashion https://ift.tt/38LrlAW

Careers Counsel | Requesting Feedback on a Job Rejection

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/38OS93w

Report: Manish Arora In Liquidation

from The Business of Fashion https://ift.tt/2IJzACW

BFC Appoints Priyanka Chopra Jonas Ambassador for Positive Change

from The Business of Fashion https://ift.tt/3pwIdBB

Adidas Top-Performing Fashion Company in Corporate Human Rights Benchmark

from The Business of Fashion https://ift.tt/3pyI3ty

China’s Retail Sales Grow, Japan’s GDP Bounces Back

from The Business of Fashion https://ift.tt/3nnni1K

#BoFLIVE: A Roadmap To Fashion’s Carbon-Free Future

Katja Busch, chief commercial officer of DHL and chief sustainability officer of the Global Fashion Agenda Morten Lehmann share their insight on how the fashion industry can work towards a carbon-free future. from The Business of Fashion https://ift.tt/3f6e0Ev

Elizaveta Porodina’s Journey From Clinical Psychology to Fashion Photography

Porodina, whose painterly images have caught the attention of Louis Vuitton and Carolina Herrera, on her unorthodox route into the industry. from The Business of Fashion https://ift.tt/3pqEJk5

Richemont Needs a Transformational Move

For years, the Swiss luxury group has lagged rivals in fashion and tech, and now finds its dominance in hard luxury under threat. What is chairman Johann Rupert’s end game? from The Business of Fashion https://ift.tt/36Fhom8

Can Gucci Reinvent the Fashion Show?

This week, everyone will be talking about GucciFest, the pandemic’s second wave and retail earnings. Get your BoF Professional Cheat Sheet. from The Business of Fashion https://ift.tt/2ItWBtL

Remake Calls Out H&M and Uniqlo in Launch of Sustainability Ranking

from The Business of Fashion https://ift.tt/32HkOn2

Fashion Is Set for an M&A Frenzy in 2021

With a coronavirus vaccine on the horizon, rare pandemic-era deals like VF Corp’s acquisition of Supreme and the Alibaba-Richemont-Farfetch alliance could give way to a surge in M&A activity in 2021 as a rebound takes hold. from The Business of Fashion https://ift.tt/3njM9ng

Kopenhagen Fur Plans to Shut Down By 2023

from The Business of Fashion https://ift.tt/35qvicc

What a Quick Vaccine Would Mean for Beauty

Pfizer’s announcement that its vaccine could be available sooner than many had anticipated could give troubled makeup brands and beauty retailers a much-needed boost. from The Business of Fashion https://ift.tt/3eUEHMg

Amazon Sues Influencers Over Alleged Counterfeit Ring

from The Business of Fashion https://ift.tt/32Jips5

Why Is Everyone Betting on Farfetch?

The marketplace-turned-platform has emerged, finally, as the clear leader in the race to win luxury’s online shopper, with a path to profitability. What changed? from The Business of Fashion https://ift.tt/2IxCWsw

Brexit Threat Triggers Last-Minute Dash for Warehouse Space

Without a trade deal, British companies face the prospect of tariffs on shipments and additional paperwork that could create delays at border entry ports. from The Business of Fashion https://ift.tt/2Iv9fby

Alibaba Reports $56 Billion Sales as Singles' Day Gets Into Full Swing

The four-day sale has so far brought sellers 16 times as many orders by value than Amazon's global Prime Day last month. from The Business of Fashion https://ift.tt/3plFs5P

Alibaba Leads Chinese Internet Selloff Approaching $260 Billion

The move comes after Beijing issued regulations designed to curb the growing influence of internet-sector leaders. from The Business of Fashion https://ift.tt/3plx3iO

How to Survive Chaos: Lessons from Venezuela

Venezuela’s fashion industry has withered after 10 years of turmoil, but some businesses are thriving despite the national crisis. What advice can these veterans of instability offer the rest of us facing an unpredictable future in the year of the pandemic? from The Business of Fashion https://ift.tt/3nhsg0e

Can Shayne Oliver’s HBA Pull Off a Second Coming?

Hood By Air is back with business partner Edison Chen and a strategy that’s more focused on streetwear and direct-to-consumer distribution.   from The Business of Fashion https://ift.tt/2Uhm4sw

Can Fashion Finally Crack the ‘Last Mile’?

Getting products to customers’ front doors has always been the most complex and expensive part of e-commerce logistics. Covid-19 and the ensuing boom in online sales have only upped the stakes. from The Business of Fashion https://ift.tt/3eS23Cb

Paris Department Store Printemps Shuts Shops and Cuts Jobs

The company plans to close seven stores in France and cut 428 jobs as it reels from the effects of the pandemic. from The Business of Fashion https://ift.tt/3pkIN5e

EU Charges Amazon With Distorting Online Retail Competition

The European Commission has been investigating the e-commerce giant since July last year following complaints from traders about the company's practices. from The Business of Fashion https://ift.tt/3pwOdKG

Westfield Owner Unibail Rethinks Funding

The move comes after shareholders rejected a €3.5 billion ($4.15 billion) rights issue under pressure from activist investors. from The Business of Fashion https://ift.tt/38CyELw

Adidas Warns That Worsening Pandemic Will Weigh on Earnings

The German sportswear company's revenue is no longer on track for growth in the fourth quarter, predicting a single-digit percentage decline. from The Business of Fashion https://ift.tt/2UmQFoF

J.C. Penney Rescue Deal Approved in Bankruptcy Court

The move will avert a liquidation that would have put the department store chain out of business and jeopardised tens of thousands of jobs. from The Business of Fashion https://ift.tt/35mOw2l

Why Fashion’s Most Vulnerable Companies Have the Most to Gain From a Vaccine

Strong results from Pfizer’s Covid-19 vaccine test sent stocks soaring, particularly for the retailers hardest hit by the pandemic. But the gains may be short-lived, analysts warn. from The Business of Fashion https://ift.tt/2ItEjJ0

How to Create More Inclusive Recruitment Processes — Download the White Paper

BoF talks to 8 global experts to learn how fashion companies can help create a more diverse and inclusive workforce by overhauling their hiring practices. from The Business of Fashion https://ift.tt/38CyAeK

Mall Landlord Simon Property's Revenue Falls 25%

The company's shares, which closed up nearly 30 percent after drugmaker Pfizer Inc revealed progress in its experimental COVID-19 vaccine, were down about 6 percent after the closing bell. from The Business of Fashion https://ift.tt/35lOZSE

#BoFLIVE: Engaging the Gen-Z Shopper

BoF's Lauren Sherman in conversation with Irregular Labs Founder Molly Logan and Tiffany Zhong, chief executive of Zebra IQ, on what fashion needs to know about Gen-Z. from The Business of Fashion https://ift.tt/3lsMio2

VOICES 2020

BoF'S ANNUAL GATHERING FOR BIG THINKERS DECEMBER 1ST - 3RD, 2020 from The Business of Fashion https://ift.tt/2IsaKY3

UK Shopper Numbers Plummet as Second Lockdown Starts

From Thursday onwards footfall crashed, falling by an average of 46.7 percent from the week before. from The Business of Fashion https://ift.tt/3kxdDUR

Why Supreme Sold to VF Corporation

In a deal that values the New York streetwear brand at $2.1 billion, Supreme picks up a long-term partner with back-end prowess and ambitions to scale it past $1 billion in annual sales. from The Business of Fashion https://ift.tt/38Cyofw

Announcing Jigsaw, Muzungu Sisters and Allies Group

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/35ooM5N

The Best Jobs on BoF Careers

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from Manolo Blahnik, GCDS and Tapestry. from The Business of Fashion https://ift.tt/2IsaDvB

Op-Ed | The Business of Blackfishing

For some white influencers and entertainers, appearing as Black or racially ambiguous has become a brand-building exercise. At what cost? from The Business of Fashion https://ift.tt/2IumERa

Olding Is the New Blanding: Luxury Brands Look Back to Get Ahead

After an era of streamlined logos and nearly constant drops of Instagrammable merchandise, European fashion houses are reasserting brand signatures from their pasts to signal lasting value in an uncertain market. from The Business of Fashion https://ift.tt/3ndeE67

7 Ways to Make E-Commerce More Profitable

As online sales reached new heights in the pandemic, brands are grappling with new burdens on their bottom lines. From savvy inventory distribution to bundling products, here’s how they can keep costs down. from The Business of Fashion https://ift.tt/3kv2xQc

Report: Mytheresa Prepares for US IPO

The German e-commerce company plans to seek a valuation of about $1 billion to $1.5 billion, which could change based on holiday period performance, according to people familiar with the matter. from The Business of Fashion https://ift.tt/3klOBb8

Revlon Nears Creditor Support for Deal to Avoid Bankruptcy

The cosmetics company said that bondholders have agreed to offer 69 percent of a $343 million bond issue that must be paid by next week. from The Business of Fashion https://ift.tt/3nepmZZ

Brexit Threat Triggers Last-Minute Dash for Warehouse Space

Alibaba Reports $56 Billion Sales as Singles' Day Gets Into Full Swing

The four-day sale has so far brought sellers 16 times as many orders by value than Amazon's global Prime Day last month. from The Business of Fashion https://ift.tt/3ke45Og

Alibaba Leads Chinese Internet Selloff Approaching $260 Billion

The move comes after Beijing issued regulations designed to curb the growing influence of internet-sector leaders. from The Business of Fashion https://ift.tt/3eUp5bJ

How to Survive Chaos: Lessons from Venezuela

Can Shayne Oliver’s HBA Pull Off a Second Coming?

Hood By Air is back with business partner Edison Chen and a strategy that’s more focused on streetwear and direct-to-consumer distribution.   from The Business of Fashion https://ift.tt/2UgXVSQ

Can Fashion Finally Crack the ‘Last Mile’?

Paris Department Store Printemps Shuts Shops and Cuts Jobs

The company plans to close seven stores in France and cut 428 jobs as it reels from the effects of the pandemic. from The Business of Fashion https://ift.tt/2UeuAsb

EU Charges Amazon With Distorting Online Retail Competition

Westfield Owner Unibail Rethinks Funding

The move comes after shareholders rejected a €3.5 billion ($4.15 billion) rights issue under pressure from activist investors. from The Business of Fashion https://ift.tt/2IhzaTT

Adidas Warns That Worsening Pandemic Will Weigh on Earnings

The German sportswear company's revenue is no longer on track for growth in the fourth quarter, predicting a single-digit percentage decline. from The Business of Fashion https://ift.tt/38qBGlO

J.C. Penney Rescue Deal Approved in Bankruptcy Court

The move will avert a liquidation that would have put the department store chain out of business and jeopardised tens of thousands of jobs. from The Business of Fashion https://ift.tt/2UdxDAU

In a deal that values the New York streetwear brand at $2.1 billion, Supreme picks up a long-term partner that will help it scale into a $1 billion brand. from The Business of Fashion https://ift.tt/2IhTeFF

#BoFLIVE: Engaging the Gen-Z Shopper

VOICES 2020

BoF'S ANNUAL GATHERING FOR BIG THINKERS DECEMBER 1ST - 3RD, 2020 from The Business of Fashion https://ift.tt/32olduw

UK Shopper Numbers Plummet as Second Lockdown Starts

From Thursday onwards footfall crashed, falling by an average of 46.7 percent from the week before. from The Business of Fashion https://ift.tt/3nbSEbP

VF Corp to Acquire Supreme

The deal between the streetwear brand and the Vans and Timberland owner is expected to close by the end of the fiscal year. from The Business of Fashion https://ift.tt/2U5sCKO

Announcing Jigsaw, Muzungu Sisters and Allies Group

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/2InKFsP

The Best Jobs on BoF Careers

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from Manolo Blahnik, GCDS and Tapestry. from The Business of Fashion https://ift.tt/3eN07Ll

Careers Counsel | How to Navigate Election Tensions 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/2U6ZSB8

Eurazeo Brands Takes Majority Stake in Axel Arigato

The private equity firm will pour €56 million into the Swedish footwear-turned-lifestyle label after its online sales soared during the pandemic. from The Business of Fashion https://ift.tt/38pjJUP

How Aesop Plans To Keep It Culty

The luxury skin care company, now a certified B-Corp, has been forced to swiftly rethink how it reaches its customers during the pandemic. Chief Executive Michael O’Keeffe lays out its strategy. from The Business of Fashion https://ift.tt/3pdrSRW

Should Luxury Brands Raise Prices?

Growing income and wealth inequality have allowed European luxury brands to raise prices at about double the rate of other consumer goods categories. But some brands are better positioned to hike prices than others, writes Luca Solca. from The Business of Fashion https://ift.tt/2U7s3jB

How the Farfetch-Alibaba-Richemont Alliance Could Change the Game in the World’s Largest Luxury Market

With international travel on pause, China’s domestic e-commerce market is one of luxury’s largest growth opportunities. Now, a new alliance is redrawing the battlefield. from The Business of Fashion https://ift.tt/38qWR7o

Pandora's Turnaround Leaves Short Sellers Burned

The jewellery brand, once notorious for regularly falling short of profit guidances, is now one of the Nordic region’s biggest corporate success stories. from The Business of Fashion https://ift.tt/3695EYA

Biden Just Won a Narrow Victory. Is Washington Gridlock Good for Fashion?

- November 07, 2020

This week, everyone will be talking about the results of the US election, the booming resale market, Singles Day and Farfetch's results. Get your BoF Professional Cheat Sheet. from The Business of Fashion https://ift.tt/2JGrknn

Brookfield Reports Traffic and Sales Approaching Pre-Pandemic Levels

Customer traffic was as much as 70 percent of normal levels at Brookfield’s malls, with almost all tenants open, Chief Executive Officer Brian Kingston said on a conference call with analysts. from The Business of Fashion https://ift.tt/38kOmKL

Should Brands Play Politics?

This week, the question was more pressing than ever as a US presidential election, which has dominated the divided country’s cultural conversation this year, approached an end. from The Business of Fashion https://ift.tt/2IcIbxJ

Coty Posts Surprise Profit as Beauty Product Sales Recover

Cosmetics makers' sales have improved in the past few months as a surge in online orders and higher demand for skin-care products offset the blow from weak traffic at brick-and-mortar stores. from The Business of Fashion https://ift.tt/351QS6E

How to Market an Affordable Skin Care Brand

Affordable skin care has seen explosive growth during the pandemic. Here’s how some inexpensive brands stand out in a crowded market. from The Business of Fashion https://ift.tt/38uWVTJ

Richemont's Farfetch Deal to Further Boost Strong China Sales

The Cartier owner posted an 82 percent drop in net profit for its first half to September 30 despite a 78 percent jump in Chinese sales. from The Business of Fashion https://ift.tt/3jZ5HLv

The Retailer That's Still Charging Ahead Without E-Commerce

Against the odds, Primark’s sales bounced back faster than expected over the summer, despite the company’s lack of online sales channels. But a second wave of lockdowns is putting fresh pressure on the retailer. from The Business of Fashion https://ift.tt/2I6nZgT

What the Farfetch-Alibaba-Richemont Tie Up Means for the Future of Online Luxury

Farfetch has raised $1.15 billion from three of the industry’s biggest players, including the owner of its greatest rival. Does the partnership foreshadow further consolidation — and where does Yoox Net-a-Porter fit into all of this? from The Business of Fashion https://ift.tt/2TXPo79

Tim Blanks’ Top Fashion Shows of All-Time: Undercover Autumn/ Winter 2020

BoF’s Editor-at-Large goes back to Jun Takahashi’s dark, idiosyncratic obsessions with his 'Fallen Man' show. from The Business of Fashion https://ift.tt/3exJ4N3

L'Oréal Turns to Google as Coronavirus Spurs Virtual Makeup Shift

The partnership relies on technology designed by ModiFace, a Canadian augmented reality specialist acquired by L'Oréal in 2018, and will also extend to the US group's YouTube video sharing platform from The Business of Fashion https://ift.tt/3oXSruq

The BoF Podcast: The Fashion Industry Unpacks the US Election

The BoF team and industry experts Sharifa Murdock and Stephen Lamar discuss what the close vote means for the future of fashion. from The Business of Fashion https://ift.tt/3l45GXZ

Power Moves | Lululemon Bolsters Executive Team, VF Names Global D&I VP

The Canadian sportswear company promotes Celeste Burgoyne to president of the Americas and global guest innovation teams, while Lauren Guthrie will helm diversity and inclusion initiatives at VF Corp. from The Business of Fashion https://ift.tt/3l2uMXr

How to Build a Sustainable Fashion Brand: Masterclass 4 of 5 — Buying Better

What does it take to build a fashion brand that is good for both people and the planet, but still makes business sense? In the next chapter of BoF's five-part masterclass, we'll look at the importance of purchasing practices and how brands can establish supportive partnerships with their suppliers. from The Business of Fashion https://ift.tt/34Y4Wye

Capri Holdings Beats Quarterly Revenue Estimates

The Michael Kors owner's total revenue fell to $1.11 billion in the second quarter from $1.44 billion a year earlier. from The Business of Fashion https://ift.tt/36dY9Qu

Denmark to Cull Mink Population After Virus Fears

The industry association for Danish mink breeders said the government's decision amounted to a death knell for the country's pelt industry. from The Business of Fashion https://ift.tt/38f1Ho8

Alibaba Beats Quarterly Sales Estimates

The group's core e-commerce business continues to grow post-pandemic. from The Business of Fashion https://ift.tt/3mUDN5h

Luxury Sector Recovers in Time for Second Lockdown

Quarterly results have highlighted a recovery in sales over the summer, but the sector is bracing itself for further lockdowns in Europe and potential post-election turmoil in the US. from The Business of Fashion https://ift.tt/2TVxiTh

The Fashion Billionaires Who Got Even Richer in the Year of the Pandemic

This year’s biggest winners may have been China’s uber-wealthy business leaders, who amassed an astonishing amount of wealth despite the global pandemic. Many of them have fashion to thank for part of their fortunes. from The Business of Fashion https://ift.tt/32g9KNC

Superdry's Revenue Falls as Virus Curbs Hit Footfall

The revenue drop came as the fashion retailer shut its shops for a second national lockdown in England. from The Business of Fashion https://ift.tt/2U1UEGN

Italy Locks Down Milan and Much of Industrial North

Unlike Italy's national lockdown in the spring, all factories will remain open. from The Business of Fashion https://ift.tt/3mWMf4e

What Comes After Sweatpants

Brands are nudging consumers away from the comfy clothing that they purchased at the onset of the pandemic. But stretchy fabrics and elastic waistbands aren't going anywhere. from The Business of Fashion https://ift.tt/32ek34K

American Fashion Executives on What Happens Now

Post-election, industry executives sound off on what they need to focus on next. from The Business of Fashion https://ift.tt/389ijO1

Join Virgil Abloh, Samira Nasr, Jonathan Anderson and Remo Ruffini at VOICES 2020

BoF’s annual gathering for big thinkers will take place from Dec 1-3, 2020 via a live global broadcast. Register today. from The Business of Fashion https://ift.tt/362BVkk

#BoFLIVE: Fashion’s New Paths to Purchase

Maria Prados, vice president of global retail and B2B at Worldpay, and London College of Fashion lecturer Shanu Walpita discuss how retailers can drive growth through innovations in fashion’s paths to purchase. from The Business of Fashion https://ift.tt/3ewnYPd

John Lewis To Cut 1,500 Head Office Jobs

The British retailer said the move was part of its strategy to return to sustainable profit by 2025. from The Business of Fashion https://ift.tt/2I32PQQ

Zalando Puts More Stores Online as Lockdowns Return

The online fashion retailer said it will waive commissions until the end of March to help new brick-and-mortar additions. from The Business of Fashion https://ift.tt/3eoMlOQ

How the ‘Nap Dress’ Went Viral

Last week, Hill House Home sold $1 million worth of its sell-out nap dresses in just half an hour. Now, the product is set to drive 50 percent of the lifestyle brand’s business by the end of the year. What's the secret to its success? from The Business of Fashion https://ift.tt/3mPY3oz

Alhambra Berlin’s Concept for Retail in a Post-Covid Era

The co-retailing space will offer off-the-shelf amplification packages to its temporary tenants, including built-in social media strategies, event activation, product staging, as well as customer engagement technology and visitor analysis. from The Business of Fashion https://ift.tt/3oU9r4B

With the US Election Still Undecided, What Happens to the Fashion Industry?

Industry analysts and advisors predict what’s in store, both in the short and long term, no matter who wins. from The Business of Fashion https://ift.tt/2TQR4iP

The BoF Podcast: Gareth Pugh on Returning to Fashion in Extraordinary Times

The British designer tells Tim Blanks about his latest creative endeavour, a documentary about creating his first collection in two years. from The Business of Fashion https://ift.tt/2I4vfKe

EssilorLuxottica Sales Recover As Second Virus Wave Looms

The maker of Oakley and Ray-Ban showed signs of recovery. But a second coronavirus wave threatens another heavy blow to results. from The Business of Fashion https://ift.tt/3mQwdZg

AB Foods Earnings Fall 40% on Primark's Profit Hit

The fast fashion retailer saw profit plunge to £362 million ($468.4 million) from £969 million. from The Business of Fashion https://ift.tt/3kSpygV

French investor Eurazeo Sells Farfetch Stake

Eurazeo, which has been an investor in the luxury retailer since 2016, raised 90 million euros through the sale. from The Business of Fashion https://ift.tt/3jUpYSo

Hugo Boss Returns To Profit Even as Sales Slow

The German suit maker reported a better-than-expected third-quarter operating profit of €15 million ($17.52 million). from The Business of Fashion https://ift.tt/3oUUsr4

Op-Ed | America’s Luxury Market Will Prosper Whoever Wins the Election

Luxury’s long-term growth potential in the US will remain strong regardless of which party wins Tuesday’s election, argues Erwan Rambourg. from The Business of Fashion https://ift.tt/3jTH3vK

The Future of Resale: 5 Key Questions

With Poshmark and ThredUp joining The RealReal in going public, the fashion resale market is set for major change. BoF examines the five key questions that will determine how the space shapes up. from The Business of Fashion https://ift.tt/2GmxvMa

#BoFLIVE: A Roadmap To Fashion’s Carbon-Free Future

What would it take for the fashion industry and its logistical activities to become carbon-free? In this talk, we share insights from Katja Busch, DHL's chief commercial officer, and Morten Lehmann, chief sustainability officer at the Global Fashion Agenda, who discuss how fashion can work towards a zero-emission target together. from The Business of Fashion https://ift.tt/2Gl6RmS

Careers Counsel | How to Overcome Imposter Syndrome

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/34MBYRO

The Best Jobs on BoF Careers

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

Estée Lauder Tops Estimates Thanks to China Demand and Online Boost

The M.A.C brand owner has seen growth in demand for its skincare products, while sales in the Asia-Pacific market increased 9 percent to $1.15 billion. from The Business of Fashion https://ift.tt/3kRKfcz

Hong Kong’s Retail Woes Persisted in September

With inbound tourism unlikely to see a swift rebound, the city's retail sector continues to suffer in the wake of Covid-19 and socio-political unrest. from The Business of Fashion https://ift.tt/3mGmeG7

Zozo Says New Body-Measuring Suit Overcomes Flaws of Original

The original bodysuit received massive interest from the fashion industry but failed to drive sales. from The Business of Fashion https://ift.tt/3mWwY3p

Primark-Owner Expects £375 Million of Sales Lost From Lockdowns

Associated British Foods said 57 percent of Primark's total selling space will be temporarily closed from 5 November. from The Business of Fashion https://ift.tt/3jMcc4h

CBL Files for Chapter 11 Bankruptcy Protection

The process will give the mall operator a chance to continue functioning while reorganising its finances and business. from The Business of Fashion https://ift.tt/3eoQQZJ

UK Retailers Face Christmas Nightmare With Fresh Lockdown

The new restrictions could prove fatal for some businesses, particularly if they’re extended beyond the initial four weeks. from The Business of Fashion https://ift.tt/3mJcnz9

#BoFLIVE: Phillip Lim and Prabal Gurung on Where the Industry Goes Next

Independent businesses need to reconsider their five- and ten-year plans, the designers told BoF Founder and Editor-in-Chief Imran Amed. from The Business of Fashion https://ift.tt/3kOmuCd

How to Work With TikTok Talent

Fashion has struggled with how to leverage influencers on TikTok. But the sooner brands let go of the playbook that works on other platforms, the better off they’ll be. from The Business of Fashion https://ift.tt/3kPUTR9

Self Service's Video Issue: A Way Forward For Fashion Media?

The shift from print advertising is squeezing traditional fashion magazines. But brands’ hunger for video content can spell opportunity for creative titles. Editor and creative director Ezra Petronio tells BoF how Self Service is adapting. from The Business of Fashion https://ift.tt/381AXHn

How Is Fashion Voting in the US Election?

This week, everyone will be talking about the US election, Richemont's latest results and the start of the holiday shopping season. Get your BoF Professional Cheat Sheet. from The Business of Fashion https://ift.tt/320d4fA

Swarovski Shareholders Approve 6,000 Job Cuts

Chief Executive Robert Buchbauer plans to shrink the lower-margin mass-market business and focus on more expensive jewellery. from The Business of Fashion https://ift.tt/2TGqadv

The US Election: What’s at Stake for Fashion?

The outcome of a highly contentious presidential race in a deeply polarised superpower has significant implications for the global fashion industry. from The Business of Fashion https://ift.tt/3oGqCXr

Shopify Posts Better-Than-Expected Q3 Results

Revenue nearly doubled to $767.4 million, while adjusted earnings were $1.13 per share, more than twice analysts’ estimates of 52 cents. from The Business of Fashion https://ift.tt/35QfJcL

Under Armour Forecasts Revenue Above Estimates

The sportswear company also announced the sale of its MyFitnessPal exercise tracking platform for $345 million. from The Business of Fashion https://ift.tt/3eetZjp

The Beauty Brands Having a Very Happy Halloween

Fake blood, a spooky doll-themed contest and a ‘Halloween Hotline’ are some of the ways makeup and skin care brands hope to stand out in a saturated holiday market. from The Business of Fashion https://ift.tt/3eezrmn

Craig Green’s Eerie Beauty

The designer’s clothes-first attitude made for a restricted, mostly monochrome Spring/Summer 2021 collection that appeared to be dressing people for serious times ahead, writes Tim Blanks. from The Business of Fashion https://ift.tt/31VXl0W

The Evolving Physical Retail Opportunity

‘Essentially, we are allowing our partners to use the property space to serve their consumers and patrons in a safe, exciting and effective manner,’ explains Meredith Darnall, Senior Vice President of Business Intelligence and Strategy at Brookfield Properties. from The Business of Fashion https://ift.tt/2GbBRWl

How to Build a Customer-Centric Brand — Download the Case Study

For 50 years, Urban Outfitters has managed to ride the waves of mid-priced apparel retail without succumbing to the steady decline of its competitors. The key to the success of its brand stable — which also includes Anthropologie, Free People and Nuuly — is the company’s belief that the customer should define the product mix, not the merchant. from The Business of Fashion https://ift.tt/34GVeQy

Tim Blanks’ Top Fashion Shows of All-Time: Umit Benan Autumn/Winter 2012, January 16, 2012

BoF's editor-at-large travels back in time to January 2012, when the menswear designer made his stellar debut on the Milan runway, taking the suit back to its sartorial roots in the military. from The Business of Fashion https://ift.tt/37SwoiF

Power Moves | Tapestry Names CEO, Shakeup at Levi Strauss

This week, the owner of Coach and Kate Spade named Joanne Crevoiserat as its new chief, while Jen Sey was named brand president amid an executive reshuffle at the American denim company. from The Business of Fashion https://ift.tt/34Ga8X6

The BoF Podcast: Dries Van Noten on Opening a Store During a Pandemic

BoF Editor-at-Large Tim Blanks speaks with the Belgian designer about his new community-centred art hub and why the clothing store could do with a makeover. from The Business of Fashion https://ift.tt/2Jf7sYl

Ralph Lauren Misses Revenue Estimates

The luxury apparel retailer's quarterly net revenue fell 30 percent to $1.19 billion. from The Business of Fashion https://ift.tt/3oEvLPx

Tapestry Beats Sales Estimates on Strong China Demand

The Coach owner's quarterly net sales fell 13.7 percent to $1.17 billion, beating analysts' average estimate of $1.07 billion. from The Business of Fashion https://ift.tt/34EcPsh

The Real Reason Louis Vuitton Is Launching Its Global Exhibition in Wuhan

Choosing the epicentre of China’s coronavirus outbreak to debut the brand’s latest travelling exhibition may raise eyebrows but it’s also a very smart move that reveals a lot about the luxury industry’s post-pandemic playbook. from The Business of Fashion https://ift.tt/31UJlEW

#BoFLIVE: The 2020 US Presidential Election

What do Tuesday's results mean for the fashion industry? BoF's team, joined by Sharifa Murdock, co-owner of Liberty Fashion & Lifestyle Fairs, break down what's happened so far, and what happens next. from The Business of Fashion https://ift.tt/3jFj9Em

Join Us at VOICES 2020: Session 04 — Reinventing Retail

Industry forces accelerated by the pandemic are completely reshaping the retail industry. Learn from the key players who are seizing the future at VOICES 2020. from The Business of Fashion https://ift.tt/31T3Sd7

LVMH and Tiffany Agree Reduced Merger Price

The deal ends weeks of savage corporate fighting and knocks over $400 million off the original price tag of around $16.2 billion. from The Business of Fashion https://ift.tt/3edsulB

Can ‘New Bottega’ Balance Hype, Heritage and Rapid Growth?

Amid surging sales, Bottega Veneta needs to keep up the momentum without losing its discreet charm. CEO Bartolomeo Rongone talks exclusively to BoF about the reinvention of the Italian heritage brand and where it’s headed from here. from The Business of Fashion https://ift.tt/31SqOZK

Join Us at VOICES 2020: Reinventing Retail

Bryanboy: How Fashion’s Original Influencer Became a TikTok Star

For the Filipino former web developer, who grew an audience of over 1 million TikTok followers in six months, the move is the latest in a career of pivots that have taken him from first-wave fashion blogger to Gen-Z media star. from The Business of Fashion https://ift.tt/37REOHe

Cushnie Shutters, Citing Covid-19 Economic Challenges

The New York-based womenswear label, led by Carly Cushnie, will close after 12 years in business. While many independent designer labels are struggling right now, few have decided to fully shut down. from The Business of Fashion https://ift.tt/3jFEVaZ

US Businesses Splurge on Insurance to Protect Against Post-Election Chaos

Among retailers, high-end brands typically have the greatest risk for protest damage and many are hunting for alternatives after some insurers excluded the coverage. from The Business of Fashion https://ift.tt/37Tu4b9

Amazon Prepares for Holiday Sales Rush

Governments' stay-at-home orders mean more shoppers will rely on the e-commerce giant to deliver presents in time for Christmas. from The Business of Fashion https://ift.tt/3oCMSkK

Puma Reports Jump in Sales in America and Europe

The German sportswear company's quarterly sales rose by 13 percent to €1.58 billion ($1.87 billion), beating forecasts for €1.56 billion. from The Business of Fashion https://ift.tt/3oAJCX5

How to Build Wholesale Relationships Without Getting Squeezed

Many fashion brands remain dependent on department stores, e-tailers and multi-brand boutiques to drive sales, but the cost of doing business with these third parties is growing. Here’s how labels can protect themselves. from The Business of Fashion https://ift.tt/3e03kXC

How to Build a Sustainable Fashion Brand – Tracking and Traceability

Catch up on the third installment of BoF's new five-part online learning series to find out how to measure the environmental and social impact of your business. from The Business of Fashion https://ift.tt/3kO9s85

Seizing Opportunities in Asia’s ‘Attention Economy’

Fashion has become a key battlefield for South Korean tech giants like KakaoTalk, which global brands Chanel and Swarovski are tapping to reach one of Asia’s most influential and digitally advanced consumer groups. from The Business of Fashion https://ift.tt/31QoBOC

Shopify Partners with TikTok

The e-commerce company said the partnership will allow its merchants to sell product in the form of shoppable video ads. from The Business of Fashion https://ift.tt/3ozWTPG

Retail Reborn Episode 5: The Earthshot: A New Sustainability Mindset for Fashion Retail

In the final episode of BoF’s new podcast series Retail Reborn, Doug Stephens explores how fashion retail must evolve so it can operate within planetary boundaries featuring guests including sustainable design authority William McDonough, founder and CEO of Jordan Alliance Group Inc, Ilka Jordan, and Sanjeev Bahl, founder of sustainable denim manufacturer Saitex. from The Business of Fashion https://ift.tt/3e8sqn9

LVMH and Tiffany Discuss Trimming Price of $16 Billion Deal

The companies are discussing a price of $130 to $135 per Tiffany share. The original price for the deal was $135 per share. from The Business of Fashion https://ift.tt/31OU2J8

After Going All-In on Amazon, a Merchant Says He Lost Everything

Barak Govani made a big bet on the e-commerce giant earlier this year after closing his Melrose Avenue store and packing up $1.5 million in inventory. from The Business of Fashion https://ift.tt/37HjVhP

Tapestry Names Joanne Crevoiserat New CEO

Crevoiserat has served as the Group’s interim chief since Jide Zeitlin resigned amid misconduct allegations in July. from The Business of Fashion https://ift.tt/2HDpWBr

The Evolution of Omnichannel

Today, retailers are innovating customer touchpoints and turning to technologically augmented solutions to create effective paths to purchase across interconnected on- and offline networks. from The Business of Fashion https://ift.tt/3jBPDPI

Is This the End of Fashion’s Creative ‘Mafia’?

For years, fashion’s top creative jobs have gone to a small pool of talent. The economic impact of the pandemic and demands for greater inclusivity may be changing that pattern. from The Business of Fashion https://ift.tt/37IfxPo

What Makes a Mall Work in 2020

Exceptional shopping centres can thrive even in the middle of a pandemic. What separates the winners from the losers? And where should brands place their bets? from The Business of Fashion https://ift.tt/37G82bT

At Celine, Hedi Slimane’s ‘Portrait of a Generation’

The designer’s latest ode to youth lacked vitality. Take away the Celine logos and it could have been anything, but there was plenty of tempting merchandise, writes Angelo Flaccavento. from The Business of Fashion https://ift.tt/34w663S

Careers Counsel | Managing a Team with Conflicting Political Views

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/37OeygV

The Best Jobs on BoF Careers

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from Browns, Acne Studios and Hugo Boss. from The Business of Fashion https://ift.tt/35xiwHO

Announcing Casablanca Paris and Zvelle

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/3ordzsI

Hut Group Raises Revenue Guidance in Debut Trading Update

The company now expects full-year revenue to grow by up to a third to about £1.48 to £1.52 billion. from The Business of Fashion https://ift.tt/35CYziX

This Is How Black Friday Works in a Pandemic