Fashion World News

With the brand’s second fashion-music bonanza set to stream on Amazon this Friday, BoF examines how Savage X Fenty is performing in a competitive market. from The Business of Fashion https://ift.tt/3n8lASE

Matthew Williams’ Plan for Givenchy

Ahead of his debut for the storied French couture house, the former Gaga collaborator and founder of street-luxe label Alyx talks exclusively to Tim Blanks. from The Business of Fashion https://ift.tt/3l3jEcl

Worldpay's Insights on Retail’s New Growth Levers

Processing over 31 million online, in-store and mobile transactions on any given day, Worldpay shares insights on the rapid developments in customer-centric retail strategies. from The Business of Fashion https://ift.tt/3l1UCu5

At Dries Van Noten, New Ways of Seeing

At a time when his usual methods of creation and communication were curtailed, Van Noten and his team were compelled down new paths. from The Business of Fashion https://ift.tt/3cKRTCi

At Kenzo, Protection and Practicality

Baptista's second outing for Kenzo, with its striking veiled beekeeping suits, looked much more convincing than his debut. from The Business of Fashion https://ift.tt/34cIlwb

Will Stefan Larsson Turn PVH Into a Modern Brand Machine?

The former Ralph Lauren and Old Navy exec, who will replace CEO Manny Chirico in a planned succession next February, is known for his forward-looking approach when it comes to brand management and operations. Will his efforts ease PVH into the future? from The Business of Fashion https://ift.tt/36yiHVF

Clothes Mountains Build Up as Recycling Breaks Down

The multi-billion-dollar trade in second-hand clothing that helps prevent the global fashion industry's growing pile of waste going straight to landfill is facing a crisis. from The Business of Fashion https://ift.tt/2SjJP1X

Hong Kong Retail Slide Continued in August Amid Restrictions

Retail sales by value fell 13.1 percent from a year earlier to HK$25.6 billion ($3.3 billion). from The Business of Fashion https://ift.tt/2G4cVjK

Boohoo’s Buyers Undeterred by Scandal

The company boosted its outlook as its core customer base appeared unfazed by reports of poor working conditions in its supply chain. from The Business of Fashion https://ift.tt/2Scois5

PVH Names Stefan Larsson Next CEO

Larsson will step into the role from February 2021, while current CEO Manny Chirico will remain as chairman of the board. from The Business of Fashion https://ift.tt/3cQQ2fy

Luxury Brands Bank on a Raring China Market

The economic uncertainty caused by the pandemic means high-end brands now depend more than ever on Chinese consumers for sales. from The Business of Fashion https://ift.tt/3cLn28F

Condé Nast Opens Tech Centre in India to Grow Digital Publishing

The Vogue publisher aims to amplify the digital capabilities of its brands and boost online revenues. from The Business of Fashion https://ift.tt/3cKYT2f

Revlon Revisits Debt Exchange To Buy Time for Turnaround

The cosmetics company issued a revised plan to exchange its 5.75 percent bonds due in 2021 after an earlier offer attracted almost no takers. from The Business of Fashion https://ift.tt/3jbGA8K

Op-Ed | Could Crisis Re-Energise Fashion? It Happened in the 1970s

Turbulence and trauma gave rise to Yves Saint Laurent, Giorgio Armani, Karl Lagerfeld, Gianni Versace and more. It could happen again, argues Michael Coady, former editor-in-chief of Women’s Wear Daily and CEO of Fairchild Publications. from The Business of Fashion https://ift.tt/3ih3SIY

Coronavirus Is Rewiring the Symbiotic Relationship Between Brands and Media

Plunging marketing budgets are disrupting the traditional value exchange between fashion brands and the magazines that cover them — with both sides wondering if the fear of missing out on editorial coverage can still drive hefty ad investments in an increasingly digital world. from The Business of Fashion https://ift.tt/36iwJKL

Brand Licensing Deals: Fresh Start or Beginning of the End?

Licensing firms have a reputation for buying famous but faded labels and milking them dry. Will Brooks Brothers, Barneys and others in bankruptcy today meet the same fate? from The Business of Fashion https://ift.tt/34dGzuy

At Dior, Dressed Up and Down

Maria Grazia Chiuri’s watercoloured sheer chiffons floated all the way back to Valentino, but the designer came back down to earth with more resolutely plain pieces. from The Business of Fashion https://ift.tt/3ifqsC3

Consumer Confidence in US Posts Biggest Gain in 17 Years

Even with the outsize improvement in September, Americans remain downbeat about the current state of the job market and the coronavirus. from The Business of Fashion https://ift.tt/34cbrvt

Marine Serre’s Space Tribalism

Serre’s union of filmic medium and fashion message was perfect, and though the collection failed to offer a decisive step forward, it made for a solid outing. from The Business of Fashion https://ift.tt/30iooCO

Retail Reborn Episode 3: The Future of Online

Doug Stephens speaks with retail innovators and market leaders on the innovations driving a new era of digital commerce — with guests including Shopify COO Harley Finkelstein, Christina Fontana, head of Tmall’s fashion and luxury division in Europe and Neha Singh, founder of Obsess. from The Business of Fashion https://ift.tt/3cFaiRb

Target To Start Holiday Discounts in October

The retailer said it will expand Black Friday pricing for the whole of November, promising shoppers nearly 1 million more deals than last year. from The Business of Fashion https://ift.tt/33cbLLs

New York Sees 40% Bankruptcy Surge, Braces for More

The pandemic could permanently close as many as a third of the city's 230,000 businesses. from The Business of Fashion https://ift.tt/3if9TWy

An update on your BoF Professional membership

from The Business of Fashion https://ift.tt/30iqyCD

Anthony Vaccarello Reveals Collaboration with Designer Helmut Lang

In an exclusive interview with Tim Blanks, Saint Laurent Creative Director Anthony Vaccarello reveals the thinking behind his new collaboration with elusive former fashion designer Helmut Lang and his vision for a post-pandemic fashion industry. from The Business of Fashion https://ift.tt/3i9XR0D

Are Online Marketplaces the New Department Stores?

Brands are increasingly turning to platforms, from Farfetch to new entrants like Behold and The Yes, for the exposure multi-brand retailers used to provide. from The Business of Fashion https://ift.tt/345HEEV

Victor Glemaud Unveils New Network for Black Creatives in Fashion

The organisation, called In the Blk, offers members from all over the world mentorship, community and various business resources. from The Business of Fashion https://ift.tt/3cC9nks

At JOOR, Creating a Holistic Digital Ecosystem for Wholesale

With an average monthly GMV of $1.5 billion, JOOR is the world’s largest wholesale platform. Now, as the industry adapts to digital solutions to physical events at an accelerated rate, the platform shares its data-driven solutions for the future of wholesale. from The Business of Fashion https://ift.tt/3jcqkob

Jonathan Anderson on the State of Fashion: 'It’s Not Even About Clothing Anymore'

For his latest JW Anderson collection, the designer presented a seductive, ingenious and necessary answer to the limitations imposed by catastrophe. from The Business of Fashion https://ift.tt/345NJBk

How PVH Corp. Is Positioning Itself for Fashion’s New Normal

President Stefan Larsson shares how PVH, which reported annual revenues of $9.9 billion in 2019, is positioning itself 'to win in the new normal.' from The Business of Fashion https://ift.tt/3kUhv2v

Announcing John Brevard and Rovó

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/30blSOH

Careers Counsel | 5 Challenges and Solutions for Organisations' Return to the Office

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/3jgFadm

The Best Jobs on BoF Careers

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from Totême, Gap Inc. and Bella Freud. from The Business of Fashion https://ift.tt/33b2Nhu

How Not to Be a Boring Direct-to-Consumer Brand

In a fashion and beauty market packed with look-a-like labels, more start-ups are breaking the mould with a bolder aesthetic. from The Business of Fashion https://ift.tt/3czD3Pd

Prada Experimented with a New Digital Fashion Show Format. Did It Work?

Miuccia Prada and Raf Simons' debut as co-creative directors came with an array of savvy digital tactics, yet impressions were down from a year ago, according to one estimate. from The Business of Fashion https://ift.tt/341MtPD

Reality Has a Starring Role at Milan Fashion Week

This season was less about fashion and more about the reality of life suddenly piercing the secluded worlds of fashion designers, reports Angelo Flaccavento. from The Business of Fashion https://ift.tt/3j7n1P2

Can Valentino Bring Radicalism to Its Romanticism?

Pierpaolo Piccioli wants to make Valentino the house of romanticism fired with radicalism, an exciting prospect. Today, the romanticism was there; the radicalism a little less. from The Business of Fashion https://ift.tt/3j76uus

The Risks and Rewards of Live Shows at Paris Fashion Week

This week, everyone will be talking about the start of Paris Fashion Week, Savage X Fenty: The Sequel and rising pressure to rid fashion's supply chain of forced labour. Get your BoF Professional Cheat Sheet. from The Business of Fashion https://ift.tt/3j6tQ3m

Ferragamo’s Icy Femininity

- September 26, 2020

Creative director Paul Andrew had Hitchcock on his mood board. The resulting Luca Guadagnino-directed film was overly literal, but thankfully the clothes were not. from The Business of Fashion https://ift.tt/3j7VL2T

Poshmark Says It Filed To Go Public

- September 26, 2020

The resale platform had until now put off a potential IPO to focus on boosting sales and improving its execution. from The Business of Fashion https://ift.tt/3mTl0bp

Neiman Marcus Emerges from Bankruptcy

Its restructuring plan eliminated more than $4 billion of debt and $200 million of annual interest expense. from The Business of Fashion https://ift.tt/2FRRG4A

As TikTok’s Fate Remains Uncertain, Fashion and Beauty Brands Must Rethink Their Marketing Strategies

What comes next is anyone’s guess — but companies that rely on the short-form video app should be prepared for disruption. from The Business of Fashion https://ift.tt/331KP0R

Sycamore Partners Bids for Ascena-Owned Ann Taylor

The retail group was struggling with dated brands and declining revenue even before the coronavirus crisis. from The Business of Fashion https://ift.tt/3hZOrVH

Asia's New Beauty Players Are Going Global

Following the rise of K-Beauty, J-Beauty and C-Beauty, a set of up-and-coming Asian skincare and make-up brands are taking over Instagram feeds and Sephora shelves. from The Business of Fashion https://ift.tt/2RUG7vM

Boohoo Review Finds 'Unacceptable Issues' in Leicester Supply Chain

The review found that some workers had not always been properly compensated for their work and that many were not fully aware of their rights. from The Business of Fashion https://ift.tt/2RWlf7t

Huda Beauty's Big Bet on Skin Care

Huda Kattan's 48 million followers trust her on makeup. Will they trust her on skin care too? The entrepreneur spoke to BoF about how she plans to conquer a new category. from The Business of Fashion https://ift.tt/33WjigS

LVMH and Tiffany Dismiss Judge’s Suggestion of Talks for Now

The companies instead are preparing for a trial scheduled to begin in January. from The Business of Fashion https://ift.tt/2RWcB8R

Tim Blanks’ Top Fashion Shows of All-Time: Rick Owens, September 26, 2013

BoF’s editor at large travels back in time to the designer’s affecting celebration of stepping culture. from The Business of Fashion https://ift.tt/2HyGjyZ

Chanel Issues Bond Linked To Climate Targets

The luxury giant raised a $699 million bond with clauses linked to its environmental goals. from The Business of Fashion https://ift.tt/3j4SIbu

The Unprecedented Coming Together of Miuccia Prada and Raf Simons

BoF's editor at large Tim Blanks offers his take on the duo's debut as co-creative directors of the house that bears her name. from The Business of Fashion https://ift.tt/3crbSWK

Power Moves | Robin Givhan Appointed As The Washington Post's Senior Critic at Large, Fenty Fashion Names New Managing Director

This week, renowned journalist Robin Givhan expands her role at The Washington Post, while Bastien Renard joined Rihanna's LVMH-owned Fenty brand as its new managing director. from The Business of Fashion https://ift.tt/2FYfweH

The BoF Podcast: Lulu Kennedy on London's Young Creatives

BoF’s Editor-at-Large Tim Blanks speaks with the Fashion East Founder about the future of London’s emerging designers. from The Business of Fashion https://ift.tt/2RRZSEe

#BoFLIVE: The Importance of Paris Fashion Week

Why are young designers from across the globe choosing to showcase their collections in Paris, even amidst a pandemic? from The Business of Fashion https://ift.tt/3iZQev9

Can China Save Travel Retail in 2020?

The decline in international travel has hit duty free retail hard this year, but sales to domestic travellers in China with nowhere else to go are booming. from The Business of Fashion https://ift.tt/3coTr4Y

Nanushka's Owner Launches New Fashion Group, Buying Milan's Sunnei

Sunnei has been a rare bright spot for independent designers on the Milan scene. The fund that owns Nanushka is buying the brand with help from the Hungarian government, and says it's looking for more brands to invest in next year. from The Business of Fashion https://ift.tt/3kNbcxB

The New Wave of Fashion Criticism

Fashion commentary is thriving online in the form of memes, Tweets, Instagram story slideshows, lengthy videos and even 15-second TikTok clips. This season’s purely digital fashion shows could propel their popularity further. from The Business of Fashion https://ift.tt/3hZ5tD2

#BoFLIVE: Who Needs Investors? Tips for Bootstrapping Your Fashion Business

For cash-strapped designers, going it alone can seem daunting. Check out the latest BoF Live Event for tips on building a brand from scratch from the people that have been there. from The Business of Fashion https://ift.tt/3mNZXXK

Fendi’s Familial Take on Fashion for Hard Times

In her last solo outing before Kim Jones’ takes the reins of Fendi’s womenswear, Silvia Venturini Fendi struck a chord with a take on the historic Roman house’s codes that stayed close to tradition and family. from The Business of Fashion https://ift.tt/3cqbDej

Amazon Wants You To Know What Products Are Sustainable

The e-commerce giant will start labelling products that meet select sustainability certifications on its US website, joining a growing list of companies seeking to target conscious consumers. from The Business of Fashion https://ift.tt/3mMUr7y

In London, Fashion to Remember the Times

BoF’s editor-at-large reflects on a remarkable season brought forth by the city’s most creative young minds. from The Business of Fashion https://ift.tt/3cndErE

Shopify Says ‘Rogue’ Employees Stole Data From Merchants

Two employees stole data from more than 100 merchants, potentially exposing the personal information of consumers who shopped on web stores that use the company’s e-commerce software.   from The Business of Fashion https://ift.tt/302oNtf

Brookfield Properties to Cut 20% of Employees in Retail Unit

The mall owner has been hit hard by the pandemic and lockdowns while consumers have embraced e-commerce. from The Business of Fashion https://ift.tt/2RP5HlL

Nike Smashes Sales Estimates Thanks to Rebound in China

Sales in China rose 6 percent while in North America, the company's biggest market, sales fell 2 percent. from The Business of Fashion https://ift.tt/3hWmsWN

Retail Reborn Episode 2: Building Smarter, More Sustainable Supply Chains

In Episode 2 of BoF’s new podcast series, Doug Stephens investigates how supply chains must evolve to meet the novel challenges faced by both the fashion industry and the planet — with guests including John Thorbeck, chairman of Chainge Capital and Nina Marenzi, founder of The Sustainable Angle. from The Business of Fashion https://ift.tt/2RQ19M0

Ralph Lauren to Cut Jobs Amid Accelerated E-Commerce Push

The cuts are expected to be made by the end of its fiscal year, which ends in March, and the company didn’t say how many jobs will be eliminated. from The Business of Fashion https://ift.tt/2RMCeZx

China Luxury Spend Expected to Jump 30 Percent This Year

It’s the only bright spot for the luxury industry, which is otherwise poised to see worldwide spending shrink 45 percent in 2020. from The Business of Fashion https://ift.tt/32PgTFl

Lawmakers Call Amazon Warehouse Unsafe After Surprise Visit

Representative Rashida Tlaib tweeted a video showing Amazon workers cleaning the Romulus-based warehouse in Michigan, while she and her fellow representative Debbie Dingell waited for a tour. from The Business of Fashion https://ift.tt/3iWfG4D

TikTok Removes 104 Million Videos for Violating Guidelines

The social media giant started fact-checking in the first half of the year to verify content related to the coronavirus and elections. from The Business of Fashion https://ift.tt/3hWEGaC

Claudio Antonioli’s Plan for Ann Demeulemeester

In an exclusive interview, the co-founder of New Guards Group and owner of the Antonioli boutique in Milan lays out his plans for the revered Belgian brand. from The Business of Fashion https://ift.tt/3mGCqI2

How to Build a Sustainable Fashion Brand — Designing for Sustainability

Catch up on the second installment of BoF's new five-part online learning series to find out how to embed sustainable values into the creative process. from The Business of Fashion https://ift.tt/2FSieSJ

6 Ways the Pandemic Has Changed How People Shop

From heightened expectations around delivery to a preference for local brands, people are adjusting their consumption habits in the wake of the pandemic. Here’s what retailers should know. from The Business of Fashion https://ift.tt/3mKhRue

Op-Ed | What Consumers Really Think About Sustainability

Consumers’ mixed signals on sustainability pose tough but surmountable obstacles for fashion brands, argue Sarah Willersdorf and Robbin Mitchell. from The Business of Fashion https://ift.tt/32QnOxQ

At Tulip, Analysing Omnichannel Data to Transform the Shopping Experience

The mobile retail technology solutions firm digitises the in-person retail experience, enabling data to be shared across a business, creating insights that equip retailers with the tools to respond to evolving consumer behaviours. from The Business of Fashion https://ift.tt/2EkQ3vc

Careers Counsel | 5 Ways to Manage the Work-Life Blur in the Covid Era

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/3cgzPA1

The Best Jobs on BoF Careers

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from Gucci, JW Anderson and Nanushka. from The Business of Fashion https://ift.tt/35R3b6N

Simone Rocha Reflects on Her 10th Year in Business

BoF Editor-at-Large Tim Blanks connects with the designer to discuss her Spring/Summer 2021 collection — and how the pandemic changed her creative process. from The Business of Fashion https://ift.tt/360Ogqu

LVMH vs Tiffany: Deal or No Deal?

The largest acquisition in the history of the luxury goods sector is collapsing, setting up what could be the biggest luxury M&A battle of all time. BoF lays out five possible outcomes. from The Business of Fashion https://ift.tt/2RH0Ymd

How to Sell to College Students When Campus Is Closed

Brands like Aerie and VS Pink relied on in-person student events and campus ambassadors to drive sales. Can they replicate that success online? from The Business of Fashion https://ift.tt/2ZW4LAy

TikTok Owner Seeking $60 Billion Valuation in US Deal

Oracle and Walmart have rights to buy 12.5 percent and 7.5 percent respectively of a newly established TikTok Global. from The Business of Fashion https://ift.tt/2RHKdr5

All Eyes on Prada at Milan Fashion Week

This week, everyone will be talking about the first collection from co-designers Miuccia Prada and Raf Simons, Trump's TikTok ban and a new push to commit brands to improving conditions for garment workers. Get your BoF Professional Cheat Sheet. from The Business of Fashion https://ift.tt/32J4FOu

A $700 Million Commercial Mortgage-Backed Security Portfolio Is On the Brink as Malls Collapse

The bond’s performance shows how rapidly the pandemic is deepening losses in a sector that was already getting crushed by online shopping. from The Business of Fashion https://ift.tt/3hE4c4k

Will New York Fashion Week Survive the Pandemic?

This strange season’s series of 'shows' made it clearer than ever: the value of New York Fashion Week is up for debate. While still important for some designers, others are opting out and not looking back. from The Business of Fashion https://ift.tt/3kmXdP4

Can Amazon Crack the Luxury Market This Time?

The American e-commerce giant has been trying to lure luxury fashion brands to its platform for years. Now, it’s new, mobile-only ‘Luxury Stores’ launch aims to adapt the successful template set out by Alibaba’s Tmall for its customers. from The Business of Fashion https://ift.tt/3cfphBc

Lululemon Defies Brick-and-Mortar Woes in Plan To Add Stores

The sportswear company said its stores are small, profitable and serve as an anchor for the brand’s loyal customers. from The Business of Fashion https://ift.tt/3mBxUdR

Beauty Leans Into Health

Thanks to the pandemic, the convergence of beauty, health and wellness is set to accelerate even faster. from The Business of Fashion https://ift.tt/35MyVtG

Riccardo Tisci’s Burberry Challenge

The designer’s task at Burberry has been to create a strong new identity for the brand. His latest collection, infused by life under the ocean, highlighted just how tricky that challenge is. from The Business of Fashion https://ift.tt/3hGNC3R

Power Moves | Pinterest Appoints Former Marie Claire Editor in Chief as Its Head of Content, Valentino Reshuffles Its Executive Team

This week, Aya Kanai was named Pinterest’s new head of content and editorial partnerships, while Valentino general manager for the Middle East, Laurent Bergamo, was promoted to chief executive of the Americas region. from The Business of Fashion https://ift.tt/3hBgCd7

The BoF Podcast: Craig Green Says, ‘Fashion Can Come From Anywhere’

The designer speaks with BoF Editor-at-Large Tim Blanks about his ongoing Moncler collaboration and his dream of designing a wardrobe classic. from The Business of Fashion https://ift.tt/35Kwckl

#BoFLIVE: Where Do Independent American Designers Go From Here?

Those brands that make it through the industry’s implosion will need to find a better, more viable way of doing business. What are some of the solutions? from The Business of Fashion https://ift.tt/32Dqr62

#BoFLIVE: How To Get to Zero Inventory

The cost of inventory that doesn’t sell is fashion’s biggest inefficiency. Experts share a better approach that brands of all sizes are putting into practice. from The Business of Fashion https://ift.tt/35LZkrA

Tim Blanks’ Top Fashion Shows of All-Time: Raf Simons Spring/Summer 2005, July 3, 2004

BoF’s Editor-at-Large time-travels back to the Belgian designer’s tenth anniversary collection for his namesake label, entitled ‘History of the World,’ which delivered a poignant spirituality: Angel Youth! from The Business of Fashion https://ift.tt/2HdwgPH

Is It Game Over for China’s Grey Market Sellers?

A global pandemic is bad news for any number of businesses, but for Chinese daigou agents, strict travel limits and tighter regulations are putting the future of their entire industry at risk. from The Business of Fashion https://ift.tt/3krqXKw

UK's Biggest IPO in Years Was an E-Commerce Company

The Hut Group raised £1.9 billion ($2.4 billion) in the biggest listing on the London Stock Exchange since June 2017. from The Business of Fashion https://ift.tt/3iJQ7DO

The Banned App Driving Fashion Sales from Moscow to Tehran

Telegram has become an increasingly valuable marketing channel for fashion brands operating in markets like Russia and Iran, where restrictions on freedom of expression make the encrypted app wildly popular. from The Business of Fashion https://ift.tt/32I5NSF

Brands Turn to Unusual Sponsors for Fashion Week

As their usual sources of sponsorship evaporate, fashion brands presenting new collections at both digital and physical runway shows must reconsider how they offer value to partners. from The Business of Fashion https://ift.tt/2ZK5JzO

In London, Emerging Designers Face a Critical Season

Despite rising Covid-19 cases, smaller labels in the British capital are betting that in-person shows and appointments will help to deliver much-needed orders from wholesale buyers. from The Business of Fashion https://ift.tt/2RyCw6f

LVMH Asks to Delay Tiffany Trial By at Least Six Months

The luxury conglomerate was sued last week for calling off its $16.2 billion acquisition of the American jeweller. from The Business of Fashion https://ift.tt/3hDUwab

US Retail Sales Rebound Slows After Extra Jobless Aid Lapses

The expiration of the supplemental $600 weekly payments at the end of July as well as slowdowns in back-to-school spending likely weighed on retail activity during the month. from The Business of Fashion https://ift.tt/2H2oAPT

Zara Owner’s Lean Business Model Helps It Cope With Pandemic

Inditex managed to reduce stock-in-trade by 19 percent at the end of July, softening the blow to earnings. from The Business of Fashion https://ift.tt/3ko2Lcc

Fashion's Greenwashing Problem Begins with Bad Data

Fashion is doubling down on ambitious promises to clean up its environmental impact, but bad and misleading data are complicating efforts to build a more sustainable industry. from The Business of Fashion https://ift.tt/3klStJn

Peter Do Says 'No' to the Industry Playbook

The creative director and co-founder of his namesake label is prioritising creative freedom and profitability over growth, and still not showing at New York Fashion Week. from The Business of Fashion https://ift.tt/3iFfwOY

Farfetch's Latest Ad Campaign Sells a New Product: Itself

The online marketplace has long relied on its wide selection of luxury labels to draw consumers. Now, Farfetch is trying to build a brand as well as a platform. from The Business of Fashion https://ift.tt/35JJNsf

Creditors of New Look Back Restructuring Plan

The British fashion retailer will receive turnover-based leases at 402 stores to help it weather the coronavirus crisis. from The Business of Fashion https://ift.tt/35FElXy

Amazon Launches Luxury Store on App

Oscar de la Renta is the first and only brand so far, though the company says more are expected to join in the coming weeks. from The Business of Fashion https://ift.tt/3kkhNPV

Retail Reborn Episode 1: How Trauma Transforms Consumer Psyche

In Episode 1 of BoF’s new podcast series, Doug Stephens and social psychologist Sheldon Solomon PhD examine the impact of collective trauma on consumer behaviour, as Covid-19 sees consumers grapple with mortality. from The Business of Fashion https://ift.tt/3iyGlEh

H&M Third Quarter Profit Beats Estimates

The fast fashion retailer, which will publish its full quarterly report on October 1, reported pretax earnings of around $229 million. from The Business of Fashion https://ift.tt/3mxCgD0

Is Fashion School Still Worth the Money?

As top schools roll out another term of socially-distanced lectures and remote tutorials, students are questioning the value and relevance of a formal fashion education. from The Business of Fashion https://ift.tt/3kmKiwj

L Brands Sells Majority Stake in Victoria's Secret's UK Business

Under a newly formed joint venture, British clothing retailer Next Plc will acquire a majority stake in the lingerie giant. from The Business of Fashion https://ift.tt/35FGq5B

Pandemic May Permanently Replace Retail Jobs With Machines

A new study shows layoffs have been higher among workers in industries that can be automated, which increases the risk those jobs will become permanently obsolete. from The Business of Fashion https://ift.tt/33o55Jc

At Columbia College Chicago, Rewiring Fashion Education for Today

Having launched a hybrid-educational format designed to cater to the needs of both current and incoming students, faculty members from the creative arts school share their new academic approach to help prepare students for an industry transformed. from The Business of Fashion https://ift.tt/35ytoXy

Careers Counsel | How to Write a Cover Letter that Will Get You Noticed

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/3hvjoAA

The Best Jobs on BoF Careers

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from Paco Rabanne, Ganni and KCD. from The Business of Fashion https://ift.tt/3bU0u5t

Amazon Set To Hire 100,000 More Workers Amid Rise in Online Shopping

The news marks the e-commerce giant's fourth hiring spree this year after reporting a 40 percent revenue rise last quarter and the biggest profit in the retailer's 26-year-history. from The Business of Fashion https://ift.tt/3htYUbJ

Can Emerging Designers and Technology Reimagine Fashion’s Creative Processes?

BoF speaks to four emerging designers who are experimenting with Microsoft technologies to innovate their creative process with regards to waste, aesthetics and product. from The Business of Fashion https://ift.tt/2GYZ8uL

#BoFLIVE: How to Communicate in a Crisis

Two crisis management veterans shed light on some of the key principles to effectively manage and address business blowups. from The Business of Fashion https://ift.tt/3mm8wZo

Microsoft’s Mission to Empower Fashion to Reimagine Creative Processes

Exploring how state-of-the-art technology can transform creativity and inform industry transformation, Microsoft is placing its innovations in the hands of celebrated emerging designers. from The Business of Fashion https://ift.tt/3bX1SnQ

How Fashion's Sustainability Targets Measure Up

After weathering the initial shock of the coronavirus crisis, many fashion companies have started to publish their sustainability goals for the next five to 10 years. But these initiatives risk falling short of an industry-wide imperative to drastically reduce environmental impact within the next decade. from The Business of Fashion https://ift.tt/2ZvCUqA

The New World of Indie Media

As traditional media continues to buckle under the pandemic, writers and media personalities are leveraging their own followings by launching subscription newsletters and podcasts. from The Business of Fashion https://ift.tt/35twrQS

Will This Time Be Different for Neiman Marcus and J.C. Penney?

This week, everyone will be talking about fashion weeks in New York and London, the post-bankruptcy futures of Neiman Marcus and J.C. Penney, and sales updates from the owners of Zara and H&M. Get your BoF Professional Cheat Sheet. from The Business of Fashion https://ift.tt/32qhzkr

Fashion Week Can’t Be Just Another Online Video Festival

One thing’s for sure, appointments and digital videos do not a fashion week make. But for now, let’s make the most of it and reconnect as a community, writes Imran Amed. from The Business of Fashion https://ift.tt/33iNMJr

Peloton Founder Hits Billionaire Status on Home-Workout Boom

Since mid-March, Peloton shares have rallied about 350 percent. from The Business of Fashion https://ift.tt/2Fp90gH

Life Without LVMH? How Tiffany Might Fare Without the Luxury Giant

Long-term, there are questions about the jeweller’s prospects in a prolonged economic downturn, particularly if governments raise taxes and property prices plummet. from The Business of Fashion https://ift.tt/3marx0V

Beauty Influencer Events Are Making a Comeback

A few beauty brands have taken advantage of LA’s weather, space and concentration of influencers to stage the pandemic’s first live product launch events. Others are finding success with virtual 'parties.' from The Business of Fashion https://ift.tt/32lP47j

Prada Says China Sales To Date Well Above 2019 Levels

The luxury label's recovery in China has accelerated since March, with sales growth of more than 60 percent in following months. from The Business of Fashion https://ift.tt/3meSbWo

J.C. Penney Posts Steep Sales Decline for Second Quarter

The American retailer reported sales of $1.39 billion in the period ended August 1, down from $2.51 billion a year earlier. from The Business of Fashion https://ift.tt/3ioLGy3

Amidst Tumult, Everlane Raises $85 Million

The direct-to-consumer brand known for its promise of radical transparency has come under fire this year, but a new cash infusion led by LVMH-linked L Catterton is a stabilising endorsement. from The Business of Fashion https://ift.tt/3bLOdQi

Katie Grand's New Project: 'It's Not Just Another Magazine'

BoF Editor-at-Large Tim Blanks talks to the super-stylist and recently departed editor of LOVE about her surprising new project, The Perfect Magazine. from The Business of Fashion https://ift.tt/2FtzTQE

Tim Blanks’ Top Fashion Shows of All-Time: Prada Autumn/Winter 2013, February 21, 2013

For BoF’s Editor-at-Large, it was a ‘gun-to-my-head challenge’ to pick just one Prada outing for his top shows of all-time, but there was something ‘extra’ about Autumn/Winter 2013 that had instant, primal resonance. from The Business of Fashion https://ift.tt/32gr31h

Power Moves | Sephora Names New President and CEO, Courrèges Hires Artistic Director From Louis Vuitton

This week, Martin Brok succeeded Chris de Lapuente as president and chief executive of LVMH-owned Sephora, while Nicolas Di Felice joined Courrèges as artistic director. from The Business of Fashion https://ift.tt/2Fk99lo

StockX Co-Founder Josh Luber Exits

The online sneaker platform’s most visible founder is joining another start-up a year after the company hired former Stubhub and eBay executive Scott Cutler. from The Business of Fashion https://ift.tt/3ivQMsB

The BoF Podcast: The Fate of the Physical Runway Show

BoF Editor-at-Large Tim Blanks, The Washington Post’s fashion critic Robin Givhan and GQ’s Rachel Tashjian explore the past, present and the future of the event that makes the industry go round — the fashion show. from The Business of Fashion https://ift.tt/32h59Lu

LVMH and Nicholas Kirkwood to Part Ways

The split is due to be completed by the end of the year, LVMH said in a statement. from The Business of Fashion https://ift.tt/35tXTOx

LVMH Plans to Sue Tiffany

The two luxury giants are at legal loggerheads after a $16 billion takeover deal fell apart. from The Business of Fashion https://ift.tt/3bJZron

What Fashion Media Can Learn From the Chinese Model

The country’s media players share many of their Western counterparts’ struggles, but their rapid adoption of digital shifts provides valuable lessons. from The Business of Fashion https://ift.tt/3k18V1y

#BoFLIVE: Making Print Magazines Now

From cover stars to content concepts, top editors break down how producing magazines has changed during the pandemic — and perhaps forever. from The Business of Fashion https://ift.tt/2ZnNXlH

How to Build a Sustainable Fashion Brand: Masterclass 2 of 5 — Designing for Sustainability

What does it take to build a fashion brand that is good for the planet, the people in it, and still makes business sense? In the second masterclass of BoF's five-part online learning series, Sustainability Correspondent Sarah Kent is joined by a host of expert panelists to discuss ways to embed sustainable values in the creative process. from The Business of Fashion https://ift.tt/3bKVPm1

The Emergency Room Nurse Turning His Fashion Dreams Into a Reality

Oluwole Olosunde, known as Guacawole online, is using his career in healthcare to fund Against Medical Advice, a label inspired by human anatomy and the many cultures of New York City. from The Business of Fashion https://ift.tt/3bMZYGb

LVMH Is Calling Off Its Tiffany Mega-Deal. What Now?

Tiffany is suing the luxury giant, which said it won't close what was meant to be luxury's biggest-ever acquisition after French government intervention. But it’s possible the parties will find a new agreement next year, or that another suitor emerges. from The Business of Fashion https://ift.tt/33hjffd

J.C. Penney Nears Rescue Deal with Simon Property Group and Brookfield

If the deal falls apart, J.C. Penney would be on course for liquidation. from The Business of Fashion https://ift.tt/35mZq8S

Burberry Plans Ethical Luxury Investment

The planned bond sale comes as the UK company starts to get over the worst effects of the coronavirus crisis. from The Business of Fashion https://ift.tt/35mAtuq

American Eagle Posts Smaller Than Expected Loss as Loungewear Demand Surges

The US-based retailer's total revenue fell 15 percent to $883.5 million in the three months ended August 1, beating expectations of $847.8 million. from The Business of Fashion https://ift.tt/3ifs7bk

LVMH Calls Off Mega-Deal With Tiffany

The luxury giant says it won't close what was meant to be luxury's biggest-ever acquisition, citing mounting trade tensions. from The Business of Fashion https://ift.tt/32cvD0E

New Look Faces Administration Risk If Restructuring Blocked

The UK retailer has asked landlords to agree new turnover-based leases at 402 stores to help get it through the crisis. from The Business of Fashion https://ift.tt/35iBjbg

Under Armour To Lay Off 600 Employees Globally

The sportswear maker expects to incur $235 million in charges, including up to $135 million for contract termination. from The Business of Fashion https://ift.tt/3m36j56

Kim Jones to Design Fendi Womenswear

Silvia Venturini Fendi will return to her role designing menswear and accessories upon Jones' arrival. Jones will continue as artistic director of Dior Homme. from The Business of Fashion https://ift.tt/2FfG2zM

Kim Jones To Design Fendi Womenswear

How to Win the Pandemic's Activewear Boom

Workout clothes have been a bright spot in the struggling apparel sector this year, but independent brands need to play smart to turn the current bump into long-term success. from The Business of Fashion https://ift.tt/3jZc7L1

The Pandemic Has Created a ‘Perfect Storm’ for Counterfeits. Just Ask Louis Vuitton.

As if Covid-19 hasn’t already done enough damage to the fashion industry, intellectual property experts are now warning that it has also left the door open for counterfeit products to proliferate at an unprecedented pace. from The Business of Fashion https://ift.tt/32aM5yi

Retail Reborn: A New Podcast Series Investigating the Future of Retail

In an exclusive new series, Doug Stephens and BoF investigate the seismic shifts transforming the retail ecosystem. From the post-pandemic consumer pscyhe to increased risk and growing calls for responsibility, we identify the new fundamentals of a reborn retail industry. from The Business of Fashion https://ift.tt/2FlDobr

Chris Benz Exits J.Crew

The womenswear designer is leaving the challenged brand just as it emerges from bankruptcy protection. from The Business of Fashion https://ift.tt/33gWqsa

Bolstered by Lockdown Measures, Lululemon Beats Earnings Estimates

A shift to remote working and at-home exercise around the globe due to the COVID-19 pandemic has increased demand for comfortable athletic clothing. from The Business of Fashion https://ift.tt/35jN1CC

Interparfums Outlook Hits Market Forecasts

The French perfume maker reported a first-half operating profit down 73 percent year-on-year at €10.4 million. from The Business of Fashion https://ift.tt/3jYBMDA

JD Sports Restores Outlook as Sales Start To Recover

The sportswear retailer predicted full-year profit would be at least £265 million ($349 million). from The Business of Fashion https://ift.tt/3m4ejTl

The Risks and Rewards of Dressing American Politicians

In a polarised country, dressing political figures can boost brand awareness and sales, but it can also backfire. from The Business of Fashion https://ift.tt/2R8afTK

The Key Metrics Fashion CEOs Are Watching Now

What you measure is what you get. In a highly unpredictable post-Covid fashion market, business leaders need the right metrics to track the strength of their brands and make informed decisions quickly, mobilise teams and craft a narrative for investors. from The Business of Fashion https://ift.tt/35gTIFl

Positive Trading Updates Help Lift Luxury

Good news on current trading has caused the Savigny Luxury Index to bounce back this month. from The Business of Fashion https://ift.tt/3lXxuhz

Kering-Owned Swiss Watch Brands Cut Staff by 25%

Patrick Pruniaux, CEO of Swiss watch brands Ulysse Nardin and Girard Perregaux, said the economic fallout of Covid-19 will have a knock-on effect on the industry over the next several years. from The Business of Fashion https://ift.tt/2DF6L8o

Primark Profit Could Top Forecast After Robust Post-Lockdown Trading

In July Associated British Foods forecast full year adjusted operating profit for Primark in a range of $396-$462 million. from The Business of Fashion https://ift.tt/3lXlwVc

ESSEC Celebrates 25 Years of Luxury Brand Management Education

Twenty-five years after launching the first full time 1-year MBA programme specialising in luxury brand management in partnership with LVMH and L’Oréal Luxe, alumni of the French business school share how ESSEC helped them become market-leading professionals. from The Business of Fashion https://ift.tt/35c2hl1

Careers Counsel | How to Stay Creative When Your Team Is Working Remotely

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/3jXt0Gb

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, Stuart Weitzman and LN-CC. from The Business of Fashion https://ift.tt/2F914QC

The ‘Zero Inventory’ Solution

- September 06, 2020

The cost of inventory that doesn’t sell is fashion’s biggest inefficiency. But there is a better approach that some believe can be achieved at any scale. from The Business of Fashion https://ift.tt/2F5W7YP

Will American Retail Rise Again?

- September 06, 2020

This week, everyone will be talking about what comes next for American retail, the prospects for the luxury watch market and Goop’s online wellness summit. Get your BoF Professional Cheat Sheet. from The Business of Fashion https://ift.tt/2Z9Xw7A

Neiman Marcus Bankruptcy Ends

- September 04, 2020

The group won court permission on Friday to leave behind the debts and drama that pushed it into bankruptcy, just a day after its harshest critic was arrested on federal charges stemming from the case. from The Business of Fashion https://ift.tt/3m1Yb50

Can Brand Accelerators Save Emerging Labels from the Pandemic?

- September 04, 2020

The Covid-19 crisis has made going it alone even harder for high-potential young labels. Brand platforms offer cash and critical operational support. from The Business of Fashion https://ift.tt/2F44Daw

Katie Grand Exits Love Magazine

- September 04, 2020

The stylist is leaving the bi-annual publication she founded in 2009 with Condé Nast. from The Business of Fashion https://ift.tt/3lNYJLv

How Likely Is It to Find Slavery in Fashion’s Supply Chains? Very.

The risk of finding forced labour, trafficking and other forms of modern slavery in major fashion manufacturing hubs has reached extreme levels, a new report finds. from The Business of Fashion https://ift.tt/3gZV7T7

Hedge Fund Founder Draws US Charges in Bid for Neiman Marcus

The allegations offer a rare glimpse into the bare-knuckled tactics sometimes deployed in distressed-debt investing. from The Business of Fashion https://ift.tt/357nWdZ

Tim Blanks’ Top Fashion Shows of All-Time: Yves Saint Laurent, Autumn/Winter 2004, March 7, 2004

from The Business of Fashion https://ift.tt/3hWPB59

Power Moves | LVMH Appoints New Vice President of D&I, Jimmy Choo Names New CEO

This week, Corey Smith was named vice president of diversity and inclusion at LVMH Inc., while Jimmy Choo veteran Hannah Colman was appointed chief executive of the luxury fashion house. from The Business of Fashion https://ift.tt/2DutSm0

The BoF Podcast: Cathy Horyn on Why Fashion Media Must Evolve

The industry veteran and renown Critic-at-Large at New York Magazine and The Cut discusses how the pandemic has shifted the way journalists cover fashion, signalling an editorial transformation. from The Business of Fashion https://ift.tt/31ZZqd3

Which Brands Will Suffer Most in the 'New Cold War' Between China and the US?

Fashion brands caught in the crossfire are doing what they can to avoid the worst possible outcomes from the escalating US-China conflict but it will be virtually impossible to emerge unscathed. from The Business of Fashion https://ift.tt/3lUatwj

#BoFLIVE: Who Needs Investors? Tips for Bootstrapping Your Fashion Business

Designers who truly start from scratch often find themselves blocked out of the fashion establishment because they don’t follow the traditional (and costly) steps. What will success really depend on? from The Business of Fashion https://ift.tt/3hWeAWb

PVH Posts Surprise Profit Amid Demand for Casual Clothing