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