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Showing posts from 2021

Careers Counsel | 3 Tips to Accelerate Your Career Growth

Careers Counsel is a weekly round-up of the most helpful and inspiring advice for boosting your career. from Business of Fashion https://ift.tt/3zav06J

Victoria Beckham Halved Losses During 2020

The former pop singer's beauty line helped stem a downturn in fashion sales. from Business of Fashion https://ift.tt/32QnAcs

Who Is Selfridges’ New Thai Owner?

Thailand’s Central Group has partnered with Austria’s Signa Holding to acquire Selfridges in one of the UK’s biggest retail deals in years. from Business of Fashion https://ift.tt/3H90rkt

Westons Sell Iconic Retailer Selfridges to Thai-Austrian Group

The billionaire dynasty behind Selfridges & Co. has sold the British department store operator to a consortium led by Thai conglomerate Central Group from Business of Fashion https://ift.tt/3plSzWW

Former Vogue Editor Grace Mirabella Has Died

The predecessor to Anna Wintour, she oversaw the magazine throughout the 1970s and 1980s. from Business of Fashion https://ift.tt/32mQots

Crocs to Buy Footwear Brand Heydude for $2.5 Billion

The deal, which is expected to close in the first quarter of 2022, would immediately add to Crocs’ revenue growth, margins and earnings, it said. from Business of Fashion https://ift.tt/3sr7jFS

Virgil Abloh’s Blueprint for Black Advancement

The late designer identified with the Black condition and set about designing not just products but a better future, writes Jason Campbell. from Business of Fashion https://ift.tt/3H6kXSL

The Beauty Industry Trends That Defined 2021

Makeup made a much-anticipated comeback as a slew of new celebrities launched brands and big box retailers continued to build up their beauty departments. from Business of Fashion https://ift.tt/3EgRtjj

Beiersdorf to Acquire Beauty Brand Chantecaille

Depending on Chantecaille’s future performance, the enterprise value of the deal could range from $590 million to $690 million, Beiersdorf said. from Business of Fashion https://ift.tt/3mmo3Kw

Swarovski’s Largest Flagship Store Opens in Shanghai

The 600-square-metre location in Hong Kong Plaza mall on the downtown shopping street of Huaihai Lu is the second of the brand’s ‘Wonderlab’ stores, the first opened in Zurich last month. from Business of Fashion https://ift.tt/32pKxDt

Op-Ed | The Key Element Most Brands Miss About Genderless Fashion

Labels from Gucci to Altuzarra to Calvin Klein are eager to sell to nonbinary consumers. But while brands often get the language around gender right, they need to give the same care to the clothes themselves, particularly how they fit. from Business of Fashion https://ift.tt/3Je0uxw

How Elena Velez Is Turning Buzz Into a Business

The designer is developing a business model that does not rely on industry connections. Now, as her first collection hits Ssense, her strategy to prioritize collaborations and Midwest craftsmanship will be put to the test. from Business of Fashion https://ift.tt/3FjnVD5

Sean ‘Diddy’ Combs Pays $7.5 Million to Buy Sean John Brand From Bankruptcy

The hip hop mogul agreed to pay $7.5 million to buy back the bankrupt fashion brand he founded in 1998 after winning a court supervised auction. from Business of Fashion https://ift.tt/3yPzdML

Chanel Is Aiming for Hermes Status With Handbag Price Hikes

The luxury fashion brand has raised prices, and set purchasing limits in an effort to become a more exclusive and desirable brand. from Business of Fashion https://ift.tt/3pdVBMO

How 2021 Changed China’s Fashion Market

BoF’s annual round-up of the forces that reshaped the world’s biggest fashion market over the last 12 months. from Business of Fashion https://ift.tt/3GZ3Z8Y

Alpargatas Buys 49.9% Stake in Rothy’s

Rothy’s, which will have a valuation of $1 billion with the transaction, will continue to operate independently, the companies said. from Business of Fashion https://ift.tt/3EtokSl

Fashion Group SMCP Names Charlotte Tasset Ferrec as CEO of Maje Label

Charlotte Tasset Ferrec joins Maje as CEO after three years within the Puig Group as CEO of Nina Ricci Fashion and Perfume. from Business of Fashion https://ift.tt/3H2T7qu

Chinese Streetwear Incubator Raises $10 Million in New Funding

The company was established in July and focuses on cross-boarder streetwear brands and celebrity-related merchandise. from Business of Fashion https://ift.tt/3Ei7ntE

Op-Ed | Sex Doesn’t Sell. Voyeurism Does.

‘Look, don’t touch’ is the ethos that pervades fashion’s exhibitionist post-pandemic look, argues Eugene Rabkin. from Business of Fashion https://ift.tt/3J7oDpq

Blackstone Buys Majority Stake in Sunscreen Brand Supergoop

The deal values Supergoop at about $600 million to $700 million, people with knowledge of the matter said, asking not to be identified discussing private information. from Business of Fashion https://ift.tt/3qfIIRt

Africa-Focussed Luxury E-Commerce Platform Jendaya Launches

The luxury e-commerce platform that simultaneously targets African consumers, while also exposing African brands to the rest of the world, officially launched Monday. from Business of Fashion https://ift.tt/3EfCkyX

Reliance Brands Inks Joint Venture With Indian Designer Anamika Khanna

The joint venture will control and develop Khanna’s AK-OK label, with RBL taking a majority 60 percent stake in the new company and Khanna remaining as creative director of the label. from Business of Fashion https://ift.tt/3J2xzfv

China’s Top Livestreamer Viya Fined $210 Million for Tax Evasion

The tax bureau for the city of Hangzhou released a statement saying the 36-year-old influencer failed to fully disclose her personal income in 2019 and 2020. from Business of Fashion https://ift.tt/3ephCSN

Fashion Week 2021 Aims to Boost Dubai’s Post-Pandemic Fashion Industry

The latest fashion week event to enter the fray in a crowded Middle Eastern calendar wrapped up its three-day calendar of shows on Saturday evening. from Business of Fashion https://ift.tt/3Ee85Z8

Exclusive: Self-Portrait Founder Acquires Roland Mouret

Designer Han Chong is looking to build his own fashion group. from Business of Fashion https://ift.tt/33NYMCN

The Best Jobs on BoF Careers

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from Iris Van Herpen, KCD and Wales Bonner. from Business of Fashion https://ift.tt/3e5OgIM

In New York, a New Model for Young Labels

Fledgling labels Susan Alexandra and Mirror Palais found traction with a model that melds Insta-friendly designs and direct-to-consumer sales with made-to-order local manufacturing. from Business of Fashion https://ift.tt/3H3GGuR

How to Market an NFT

Brands will have to navigate how to reach a new kind of audience in order to make their digital assets stand out. from Business of Fashion https://ift.tt/324jz4x

Nike Hedges Its Bets

This week, everyone will be talking about Nike’s plans to sell both virtual and physical sneakers, plus the tail end of the all-important holiday shopping season. from Business of Fashion https://ift.tt/32aCSJ9

Paris Judge Approves 10 Million Euro Settlement with LVMH in Spy Case

A Paris judge approved a 10 million euro ($11.27 million) settlement with LVMH on Friday that closes a criminal probe into the luxury group’s role in a spying case involving the former top boss of France’s security services. from Business of Fashion https://ift.tt/3sgFVdM

Mobile Commerce Platform Rezolve to go Public via $2 Billion SPAC Deal

Mobile commerce platform Rezolve said on Friday it will list in New York through a merger with a blank-check firm backed by billionaire Betsy Cohen, in a deal valuing the combined company at about $2 billion. from Business of Fashion https://ift.tt/3sg534k

UK Retail Sales Surge With Discounts Around Black Friday

UK retail sales surged more than expected last month as Black Friday discounts drew consumers back into shops. from Business of Fashion https://ift.tt/3mguUFh

Cédric Charbit On How Balenciaga Is ‘Redefining Luxury’

Balenciaga CEO Cedric Charbit discussed the brand’s attention-grabbing moments of 2021 and its future in the metaverse. from Business of Fashion https://ift.tt/3yz3ejO

K-Beauty Giant Amorepacific Looks to Shift Gears In China

The group behind brands like Sulwhasoo, Etude House and Innisfree, is considering giving sales in the key market a much-needed boost by cutting back on physical stores and accelerating expansion of its premium offering and digital channels. from Business of Fashion https://ift.tt/3sff01W

Xiaohongshu Bans 29 Brands Over “False Marketing” Accusations

International beauty and skincare players, including Neutrogena, Nivea and Dove are said to be among those caught up in the crackdown. from Business of Fashion https://ift.tt/3yAaKeq

Alibaba Targets $100 Billion Southeast Asian Commerce Business

The e-commerce giant has unveiled ambitious objectives for its Southeast Asian arm Lazada, accelerating an overseas expansion to offset Chinese economic and regulatory headwinds. from Business of Fashion https://ift.tt/33CnR3o

Exclusive: Maison Kitsuné Appoints Marcus Clayton Creative Director

The British designer, who has worked in the studios of Louis Vuitton, Givenchy and Fenty, has officially joined the fashion and lifestyle brand after guest-designing several ready-to-wear collections in recent years. from Business of Fashion https://ift.tt/3E8J0OZ

Virgil Abloh: Building on a Legacy

Like Yves Saint Laurent, Alexander McQueen and Gianni Versace before him, the late Virgil Abloh leaves a powerful legacy. What does this mean for Off-White and Louis Vuitton? from Business of Fashion https://ift.tt/3DYcgIt

How Today’s Hottest Shoe Designers Plan to Stay on Top

The recent popularity of colourful shoes from independent labels like Mach & Mach and Amina Muaddi, as well as Paris Texas, Arielle Baron, The Attico, Ancuta Sarca and Pīferi speaks to the post-pandemic hunger for novelty footwear. from Business of Fashion https://ift.tt/3dZRRIn

Grupo Axo Partners with Gap to Distribute Old Navy in Mexico

One of Latin America’s leading multi-brand retail platforms, Grupo Axo, has inked a deal for an undisclosed amount with Gap to operate Old Navy in Mexico as a franchisee and distributor. from Business of Fashion https://ift.tt/3ywCAIx

Power Moves | Chanel’s New CEO, Ferragamo’s Executive Exit

Chanel has appointed Unilever human resources chief Leena Nair to the top spot, and executive vice president Michele Norsa will exit Ferragamo. from Business of Fashion https://ift.tt/3E2rWKw

Neiman Marcus Nearly Quadruples Earnings With Reduced Markdowns

Neiman Marcus nearly quadrupled its earnings in its fiscal first quarter as fewer discounts helped the retailer fatten its margins, according to people with knowledge of the closely held company’s earnings. from Business of Fashion https://ift.tt/33yrg3b

US Retail Sales Trail Forecast, Suggesting Drag From Inflation

US retail sales rose by less than forecast in November, suggesting that consumers are tempering purchases against a backdrop of the fastest inflation in decades. from Business of Fashion https://ift.tt/3ysaQVe

Industry Insights from BoF and Shopify’s Executive Retail Forums

Throughout 2021, Shopify and BoF connected leading retail executives to share their challenges and discuss finding opportunity in disruption in a series of roundtables. Now, BoF shares the most actionable insights that emerged with its community. from Business of Fashion https://ift.tt/3pU0ucZ

Marine Serre in Conversation With Tim Blanks

The designer known for her embrace of eco-futurism joins BoF’s editor-at-large to talk about the evolution of her namesake brand and building a sustainable fashion label. from Business of Fashion https://ift.tt/3pFYq8j

Russian Beauty Retailer Rive Gauche Co-Owner Arrested

August Meyer was arrested in St. Petersburg Thursday, accused of perpetrating a large-scale fraud. from Business of Fashion https://ift.tt/30bNqH0

Cathay Capital Joins With Kering, L’Oréal to Launch China Fund

The Cathay Consumer Co-creation Fund plans to invest and incubate early-stage Chinese companies with high-growth potential in the consumer goods and retail sectors. from Business of Fashion https://ift.tt/3oJ7Y3j

H&M Quarterly Sales Rise 8%, Returning to Pre-Pandemic Level

The world’s second-biggest fashion retailer, reported on Wednesday an increase in September through November sales that was in line with expectations. from Business of Fashion https://ift.tt/3dUMOZy

Inditex Nine Month Net Profit More Than Triples to $2.8 billion

The world’s biggest fashion retailer said that its sales in recent weeks were up by a third on the same period last year and ahead of levels seen in 2019 before the pandemic. from Business of Fashion https://ift.tt/31ZCYTR

How These Two Brands Raised Nearly as Much From NFTs as VCs

Vacation and Poolsuite hosted two of the hottest events at Art Basel Miami 2021, in large part thanks to its community-focused marketing efforts. from Business of Fashion https://ift.tt/3GKlaef

China’s Factories Speed Up, New Covid Pain Hits Retailers

Retail sales rose only 3.9 percent in November from a year earlier, below the 4.6 percent growth expected and lower than October’s 4.9 percent rise. from Business of Fashion https://ift.tt/3EZxLcX

What ‘MetaBirkins’ Say About Virtual Fashion

Fashion and art were already filled with young creators borrowing brand icons. The practice is taking on new digital dimensions as NFTs take off. from Business of Fashion https://ift.tt/3GJFE74

The ‘Paradigm Shift’ Remaking China’s Fashion Ad Industry

A new dynamic is taking shape between not only Western and Chinese agencies, but also niche and multi-purpose players, creating bold and innovative ways for global brands to connect with the local market. from Business of Fashion https://ift.tt/3DNXK5S

A Letter to Burberry’s New CEO

It is time for the British megabrand to again choose which way it’s really going: up or down? from Business of Fashion https://ift.tt/3s0h3qh

Nike Acquires Virtual Fashion Start-Up RTFKT

The company, which specialises in virtual sneakers and other accessories, was bought by the sports giant. The terms of the deal were not disclosed. from Business of Fashion https://ift.tt/3yreQp1

Milan’s Mens Fashion Week Confirmed In January With 23 Physical Shows

Rebranded Zegna will open the event. Visiting designers will include 1017 Alyx 9S0 and JW Anderson. from Business of Fashion https://ift.tt/3pWibbJ

Milan’s Mens Fashion Week Confirmed In January With 23 Physical Shows

Rebranded Zegna will open the event. Visiting designers will include 1017 Alyx 9S0 and JW Anderson. from Business of Fashion https://ift.tt/31UE0jZ

Chanel Announces Winners of Inaugural ‘Next Prize’

The luxury French fashion house named 10 award-winners working in film, design and the performing arts. from Business of Fashion https://ift.tt/3GCZDnJ

New Double Act Reinforces Ortega Family Grip on Inditex

An experienced team of managers should smooth leadership change at Inditex next year, when the family of billionaire founder Amancio Ortega will tighten its grip on the world’s biggest fashion retailer, sources and analysts said. from Business of Fashion https://ift.tt/3lVAf4P

Kuwait Projects Appoints New CEO

The holding company with assets of about $33 billion appointed Sheikha Dana Nasser Sabah Al Ahmad as its new chief executive. from Business of Fashion https://ift.tt/3INeE8g

Chanel Announces Winners of Inaugural ‘Next Prize’

The luxury French fashion house named 10 award-winners working in film, design and the performing arts. from Business of Fashion https://ift.tt/3GCZDnJ

A Letter to Burberry’s New CEO

It is time for the British megabrand to again choose which way it’s really going: up or down? from Business of Fashion https://ift.tt/3s0h3qh

The Best Jobs on BoF Careers

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from Farfetch, Bottega Veneta and Olivia Von Halle. from Business of Fashion https://ift.tt/33iAHDz

Snapchat’s Rajni Jacques on Enhancing Social Shopping

Snap Inc.’s new global head of fashion and beauty partnerships is tasked with helping brands such as Prada, Dior and American Eagle harness augmented reality so that the social platform is more shoppable. from Business of Fashion https://ift.tt/31CiMaa

Omicron May Throw a Wrench in Fashion Week Plans

This week, everyone will be talking about how the Omicron variant will affect fashion’s busy events calendar, and Zara owner Inditex’s latest results. from Business of Fashion https://ift.tt/3oKFExp

Chanel’s TikTok Challenge

This week, Chanel’s advent calendar controversy was a wake-up call for luxury brands without a compelling TikTok strategy: engage or cede the power to positively shape the digital conversation about your brand. from Business of Fashion https://ift.tt/3lTpPmc

LVMH to Buy Marcolin’s 49 Percent Stake in Joint-Venture Thelios

France’s LVMH has reached an agreement with Italian group Marcolin to buy a 49 percent stake in Thelios, increasing its holding in the upscale Italian eyewear manufacturer for labels including Dior, Fendi and Celine. from Business of Fashion https://ift.tt/3lUzQQ2

Careers Counsel | 4 Ways to Build Trust Remotely

Careers Counsel is a weekly round-up of the most helpful and inspiring advice for boosting your career. from Business of Fashion https://ift.tt/3oIW1KY

Russian Beauty Retailer Rive Gauche Co-Owner Arrested

August Meyer was arrested in St. Petersburg Thursday, accused of perpetrating a large-scale fraud. from Business of Fashion https://ift.tt/30bNqH0

Dalian Wanda Eyes Growth, Plots Mall Expansion

The mainland’s largest commercial property company has sold off billions of yuan worth of assets to shrink its debts in recent years, but Dalian Wanda is once again eyeing growth by way of new retail complexes and movie theatres. from Business of Fashion https://ift.tt/33bwwcF

Cathay Capital Joins With Kering, L’Oréal to Launch China Fund

The Cathay Consumer Co-creation Fund plans to invest and incubate early-stage Chinese companies with high-growth potential in the consumer goods and retail sectors. from Business of Fashion https://ift.tt/3oJ7Y3j

SMCP Ownership Battle Heats up Amid Illegal Stake Transfer Claim

An ownership battle at SMCP heated up as major shareholders claimed a 16 percent stake in the French fashion group had been illegally transferred to an offshore account. from Business of Fashion https://ift.tt/3pIeNkU

Rent the Runway Falls After Projecting Sales Below Estimates

Rent the Runway Inc. slipped in late trading after reporting a revenue projection that fell short of estimates in its first quarterly earnings since going public, showing that investors remain skeptical. from Business of Fashion https://ift.tt/3IxVa7C

UK Retailer Frasers Profit Jumps on Strong Reopening After Lockdown

British sportswear and fashion group Frasers reported a 61.7 percent rise in first-half core earnings, driven by a strong performance from its shops as they reopened after Covid lockdowns. from Business of Fashion https://ift.tt/3rPtgOH

Iranian Fashion Brands Go Upmarket Amid International Sanctions

The 9th annual edition of the International Apparel Exhibition Iran Mode was held this week at the Tehran Permanent Fairground in the Iranian capital. from Business of Fashion https://ift.tt/3EH53gT

Dr. Martens Flags Shipping Delays in US Unit, Posts Higher Profit

Boot brand Dr. Martens posted a higher first-half profit, but warned that shipping delays in its US business due to wider supply chain troubles will continue into the next fiscal year. from Business of Fashion https://ift.tt/3yaWHvF

Marine Serre in Conversation With Tim Blanks

The designer known for her embrace of eco-futurism joins BoF’s editor-at-large to talk about the evolution of her namesake brand and building a sustainable fashion label. from Business of Fashion https://ift.tt/3pFYq8j

Can Shein Change?

The Chinese fast fashion giant just hired a head of sustainability, and is taking other steps to remove some of the mystery in how it operates. But some of the company’s critics say the fast fashion business model can’t be reformed. from Business of Fashion https://ift.tt/3GneX7Q

Chanel’s TikTok Controversy Won’t Stop Luxury’s Advent Calendar Craze

The French label’s $825 calendar may have been a Christmas flop, but brands still see an opportunity to leverage the tradition to generate marketing buzz in the lead up to the lucrative holiday shopping period. from Business of Fashion https://ift.tt/3lO3hU2

How Brandlive Taps Hollywood Techniques to Create Digital Events

Brandlive has worked with numerous partners in the industry including Nike, Adidas and Levi’s to produce and stream live events to over 30 million viewers since January 2020. CEO Sam Kolbert-Hyle shares insights on what creates a successful digital event in fashion. from Business of Fashion https://ift.tt/3oCWHBj

Farfetch Eyes Resale Expansion With Luxclusif Acquisition

The deal will bolster Farfetch’s suite of white label services for industry clients as the e-commerce giant aims to ‘really own the category and the opportunity.’ from Business of Fashion https://ift.tt/3pDGdZc

Private Equity Firm L Catterton Sets $7.8 Billion Fundraising Goal

The LVMH-backed firm is pitching a buyout fund — which would fund transactions in which the firm takes a controlling stake of a business — to investors, hoping to raise $6.5 billion. from Business of Fashion https://ift.tt/3rLRrNO

How Gut Health Became Beauty’s Latest Arena

First multivitamins got the beauty treatment, now it’s probiotics and other supplements for digestive health. But marketing something that deals with a not-so-sexy element of our bodies as a beauty product takes a bit of extra effort. from Business of Fashion https://ift.tt/3pVJxz5

Turkey’s Economic Crisis Batters Retailers, Boosts Apparel Exports

The country’s currency, the lira, has lost almost half its value against the dollar so far this year, and inflation is rising precipitously. from Business of Fashion https://ift.tt/31HcMgg

Billionaire-Backed FabIndia Seeking $500 Million in IPO

The Delhi-based company, whose backers include PremjiInvest, the family office of Wipro Ltd. founder Azim Premji, aims to submit its so-called draft red herring prospectus as soon as early next year. from Business of Fashion https://ift.tt/3GsTTwX

How Chanel Is Strengthening Its Supply Chain

Over the past two years, Chanel has acquired seven new manufacturers. At the house’s ‘Métiers d’Art’ showcase in Paris, president of fashion Bruno Pavlovsky broke down his strategy for future-proofing the French megabrand’s supply chain. from Business of Fashion https://ift.tt/3dxufdL

Nestlé Trims L’Oréal Stake With $10 Billion Sale

The Nescafe maker said on Tuesday it would cut its stake in L’Oréal to about 20 percent by selling shares worth €8.9 billion ($10 billion) back to the French cosmetics brand. from Business of Fashion https://ift.tt/3oy7kWd

Pharrell Williams’ Humanrace Launches in Dover Street Parfums Market

Humanrace will begin selling its rice powder cleanser, lotus enzyme exfoliator, humidifying cream, body bars and ceramic dishes, as well as product refills, at the Paris outpost of Dover Street Parfums Market (DSPM) on Dec. 8. from Business of Fashion https://ift.tt/3DwNsHi

China’s Booming Luxury Market Won’t Be Smooth Sailing Next Year

As repatriation of luxury spend continues in 2022, domestic sales in China are expected to surpass 2019 levels by 90 to 110 percent, but that doesn’t mean brands can rest on their laurels amid government crackdowns and economic headwinds. from Business of Fashion https://ift.tt/33abR91

Patek Philippe and Tiffany & Co. Announce the Last-Ever Nautilus 5711

Patek Philippe announced a new limited-edition 5711 with a blue dial. from Business of Fashion https://ift.tt/3pBP3q6

How Online Privacy Rules Changed the Way Fashion Finds Customers

Apple’s new privacy settings weren’t the first move to limit data companies have access to and won’t be the last, meaning brands can’t rely on their old playbooks to target new shoppers. from Business of Fashion https://ift.tt/31IiiQ4

Li & Fung’s Joseph Phi on Facing Up to Supply Chain Vulnerabilities

The Hong Kong-based supply chain management company’s chief executive says fashion brands should diversify sourcing, adopt top technologies and invest in critical contingency planning. from Business of Fashion https://ift.tt/3rCnEXU

JHSF’s José Auriemo Neto on Leveraging a Permanent Shift to Local Retail

São Paulo-based retail behemoth JHSF Participações has had to strengthen its relationships with local luxury clients during the pandemic. With tenants ranging from Louis Vuitton and Christian Dior, the group’s chairman has a plan to persuade well-travelled Brazilians to keep shopping domestically. from Business of Fashion https://ift.tt/3dpFIw7

PVH’s Stefan Larsson on Harnessing Creativity to Energise Engagement

The chief executive of the company that owns Calvin Klein and Tommy Hilfiger says creativity will be even more of a differentiator in 2022 as fashion players better align merchandise planning with demand and continue their quest for greater market share. from Business of Fashion https://ift.tt/32UqdtV

Gucci’s Robert Triefus on Testing Luxury’s Allure in the Metaverse

Gucci’s chief marketing officer believes the immersive digital world signals a paradigm shift for luxury brands and expects it to drive a ‘very significant new revenue stream’ for the brand in the years ahead. from Business of Fashion https://ift.tt/3lHuYxE

Snapchat’s Rajni Jacques on Enhancing Social Shopping

Snap Inc.’s new global head of fashion and beauty partnerships is tasked with helping brands such as Prada, Dior and American Eagle harness augmented reality so that the social platform is more shoppable. from Business of Fashion https://ift.tt/31CiMaa

Novetex’s Ronna Chao on Winning the Circularity Game

As fashion brands pursue closed-loop recycling, they increasingly need to engage with suppliers who can help them source 'circular' materials and scale these efforts. However, the chairman of Novetex Textiles says meaningful mass adoption is a chicken-and-egg conundrum. from Business of Fashion https://ift.tt/3y8aJ11

Aura Blockchain’s Daniela Ott on Persuading Luxury Rivals to Join Forces on Product Passports

As leader of the Aura Blockchain Consortium, Daniela Ott is tasked with persuading brands to join brands such as LVMH, Prada and Richemont-owned Cartier on the shared digital platform which creates ‘product passports’ for luxury goods. from Business of Fashion https://ift.tt/3y1GCbp

Farfetch’s Sian Keane on Adapting to the New War For Talent

Farfetch’s chief people officer says it will be hard for fashion companies to strike the right balance across recruitment and retention strategies as the industry faces a talent deficit in the year ahead. from Business of Fashion https://ift.tt/3EIpeeg

Calvin Klein Taps Pete Davidson For Latest Marketing Experiment

The American sportswear brand best known for its logo-stamped underwear allowed the comedian apparent access to its Instagram account. from Business of Fashion https://ift.tt/3rHqkn5

Lanvin Taps Theory Executive Siddhartha Shukla as Deputy GM

The Theory chief merchant will take a top role at France’s oldest couture house. from Business of Fashion https://ift.tt/3drgSM8

Careers Counsel | How to Approach Job Hunting When Relocating

Careers Counsel is a weekly round-up of the most helpful and inspiring advice for boosting your career. from Business of Fashion https://ift.tt/3oqgROP

How Fashion Can Deliver on COP26 Ambitions

Amid mounting evidence of fashion’s dramatically negative climate impact, countries, communities and companies are mobilising around protecting the planet. However, a new era of climate action will be required if fashion is to meet ambitious targets to reverse the damage being done. from Business of Fashion https://ift.tt/3oqVk8L

How the Global Wealth Gap Will Impact Fashion

Widening income inequality and other demographic pressures in 2022 could exacerbate the already uneven global economic recovery from the pandemic. from Business of Fashion https://ift.tt/3DvuuR8

Why Investors Don’t Care Whether DTC Brands Are Profitable

E-commerce valuations have reached dizzying heights in recent months, dispelling doubts over the fashion start-up boom and its growth-above-profits approach. But will it last? from Business of Fashion https://ift.tt/3prW4tH

Marine Serre in Conversation With Tim Blanks

Designer Marine Serre, known for her embrace of eco-futurism, joins BoF’s editor-at-large Tim Blanks for a conversation on the evolution of her namesake brand and best practices for building a sustainable fashion label. from Business of Fashion https://ift.tt/3rI06ki

How Fashion Businesses Can Mitigate Cyber Risk

In an increasingly digitised economy, cyber risks are rising fast. To protect their customers, business operations and creative assets, fashion companies need to strengthen their defences. from Business of Fashion https://ift.tt/337pZQx

The Best Jobs on BoF Careers

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from Kate Spade, Zalando and Réalisation Par. from Business of Fashion https://ift.tt/3oqav1W

The Year Ahead: Navigating Fashion’s Uneven Recovery

Recovery from Covid-19-related economic shocks will be uneven across fashion’s consumer and sourcing landscapes, leading international industry players to reassess local conditions as well as market-specific risks and opportunities. from Business of Fashion https://ift.tt/3DoFyzv

The Year Ahead: The Great Logistical Gridlock

Fashion's supply chains will continue to face deep disruption due to logistical logjams, materials shortages and rising costs in 2022. Players must build greater flexibility and cutting-edge management into their supply chains to meet customer demand. from Business of Fashion https://ift.tt/3dpcm0I

The Year Ahead: Global Luxury Adapts to New Travel Trends

International tourism will not fully recover until 2023 at the earliest, causing a shift in shopping patterns. Luxury players must rebalance their global footprints while increasing investment in domestic consumer bases and e-commerce. from Business of Fashion https://ift.tt/3lCIZfS

The Year Ahead: Consumers to Reboot Wardrobes for Post-Pandemic Life

Consumers will reallocate wallet share across fashion categories as pent-up demand for newness intersects with more social freedoms. Companies should prepare for this shift by honing data-driven product development and adjusting their inventory mix. from Business of Fashion https://ift.tt/3EvInQF

The Year Ahead: Building Brands With a Metaverse State of Mind

By experimenting with NFTs, gaming and virtual fashion, brands will unlock value streams in the metaverse that engage young consumers and will find new routes to creativity, communities and commerce. from Business of Fashion https://ift.tt/3poWOzI

The Year Ahead: Unlocking Next-Generation Social Shopping

New technologies and functionality are unlocking seamless social shopping experiences, spurring brands, consumer and investors. Brands should double-down on tailored in-app purchase journeys and test livestreaming and augmented reality try-on, among other tech opportunities. from Business of Fashion https://ift.tt/3dpXhvO

The Year Ahead: Paving the Way for Closed-Loop Recycling

The scaling of closed-loop recycling could help reduce fashion’s environmental impact at the materials level. The technologies to make this happen are maturing, creating an opportunity for companies to embed them in a product’s design phase while adopting processes to enable scaling. from Business of Fashion https://ift.tt/3DwzHIl

The Year Ahead: What Product Passports Will Do for Brands

Brands are adopting new technologies that store and share product information to improve authentication, provide transparency and boost consumer trust. However, for “product passports” to truly gain traction, businesses must coalesce around common standards and engage with pilot projects at scale. from Business of Fashion https://ift.tt/3opHRy0

The Year Ahead: Shoring Up Fashion’s Cyber Defenses

Businesses face more threats than ever of cyber attacks and improper data handling. Fashion players must urgently improve their defenses and make digital security a strategic imperative. from Business of Fashion https://ift.tt/300JPvw

The Year Ahead: A Talent Crunch Is Heading Our Way

Competition for talent from both inside and outside the fashion industry will intensify in 2022. To attract and retain the right employees across their organisations, fashion companies must prepare their workplaces to ensure they are flexible, diverse and digitised. from Business of Fashion https://ift.tt/3Ge64gX

Alibaba Shakes Up Management With CFO, Commerce Heads Reshuffle

The e-commerce giant is replacing its long-standing chief financial officer and reshuffling the leaders of its commerce businesses. from Business of Fashion https://ift.tt/3xW7RnT

Omicron, Inflation and Fashion’s State of Play

This week, everyone will be talking about two key variables that will shape fashion’s immediate future, plus Dior’s show in London and Zegna’s upcoming IPO. from Business of Fashion https://ift.tt/3pweSrw

BoF Honours Virgil Abloh With Global VOICES Award

VOICES 2021 ended with an homage to the late designer who had a transformational influence on the industry. from Business of Fashion https://ift.tt/2ZRogxd

The Best of VOICES 2021 with Tim Blanks: Day 2

Designer Harris Reed and author Mohsin Zaidi sit down with BoF editor-at-large Tim Blanks to share their takeaways from the second day of BoF’s annual gathering for big thinkers. from Business of Fashion https://ift.tt/31jsL4F

VOICES 2021: Live Your Best Life

In the fifth and final session of BoF’s annual gathering, Vanessa Kingori, Jay Shetty, Sinéad Burke, Christian Louboutin and others spoke about finding personal fulfillment in the face of adversity. from Business of Fashion https://ift.tt/31rlWxq

VOICES 2021: The Future of Everything

In the fourth session of BoF’s annual gathering, Harris Reed, Simon Whitehouse, Rafat Ali and others discussed the future of technology, the future of cities, the future of travel, the future of work, the future of independent retail and the future of gender-free fashion. from Business of Fashion https://ift.tt/3rzNkEC

The Future of Zara

Zara-owner Inditex, the world’s largest fashion retailer, appointed a mix of new and familiar faces to top management positions this week. The shakeup comes at a pivotal moment for the Spanish giant. from Business of Fashion https://ift.tt/3ohmnn0

Report: Central Group Denies Selfridges Deal

Thailand’s largest retailer has denied it is purchasing UK department store chain Selfridges in a statement to the Thai stock exchange, according to a report in trade publication Retail Gazette. from Business of Fashion https://ift.tt/3rNuxG3

Max Bittner on the Rise — And Rise — Of Fashion Resale

The CEO of Vestiaire Collective explains how old clothes bring new profits to an industry increasingly conscious of its need to become more circular and sustainable. from Business of Fashion https://ift.tt/3diSdJP

The Best of VOICES 2021 with Tim Blanks: Day 1

Activist Janaya Future Khan and model Halima Aden joined editor-at-large Tim Blanks to debrief after a packed first day at BoF’s annual gathering. from Business of Fashion https://ift.tt/3ru0y5x

Russian Retailer Gloria Jeans Sees Revenue Grow 40%

The high street retail giant, made 42.7 billion roubles ($578 million) in the first nine months of 2021. from Business of Fashion https://ift.tt/31sDNUQ

Southeast Asia’s ‘Super App’ Grab Slides 20% in Nasdaq Debut

The Singapore-based ride-hailing, delivery and payment giant’s IPO was the biggest ever US listing by a Southeast Asian company. from Business of Fashion https://ift.tt/31g9vF7

VOICES 2021: Innovations Changing Fashion

The third session of BoF’s annual gathering covered mycelium-based leather, virtual clothing, cyber threats and how combining AI with dance moves us to think physically. from Business of Fashion https://ift.tt/3IddsLb

Versace on Pace to Meet Target Sooner Than Expected

The chief executive officer of Capri Holdings Ltd. said he is optimistic about the outlook for the company’s three brands — especially Versace. from Business of Fashion https://ift.tt/3oflFXs

Power Moves | Inditex’s Top Management Shakeup; VF Corp Names President of Global Packs

Inditex elevated its founder’s daughter to chairwoman and named a new CEO; Nina Flood will help VF Corp’s backpack brands. from Business of Fashion https://ift.tt/3rxWhhA

VOICES 2021: Navigating Turmoil in the Wider World

In the first session of BoF’s annual gathering, speakers including Vivienne Westwood and Janaya Future Khan addressed the climate crisis, stakeholder capitalism, an antidote for cultural appropriation, what activism really means and the loneliness epidemic. from Business of Fashion https://ift.tt/3Ej2Rw5

VOICES 2021: The Fashion System’s Push to Evolve

In the second session of BoF’s annual gathering, Balenciaga CEO Cedric Charbit, Ellen MacArthur, Tommy Hilfiger and others addressed virtual fashion, circularity and forging authentic collaborations. Elle announced it would stop publishing images of animal fur. from Business of Fashion https://ift.tt/3If9nGt

Elle to Go Fur-Free

The fashion magazine will no longer promote fur in any of its 45 international editions, Elle senior vice president and editorial director Valéria Bessolo Llopiz announced Thursday at VOICES, The Business of Fashion’s annual gathering for big thinkers. from Business of Fashion https://ift.tt/3DlfzZD

Balenciaga to Launch Metaverse Business Unit

The Kering-owned brand is creating a dedicated business unit to explore opportunities for marketing and commerce in the buzzy “metaverse,” chief executive officer Cédric Charbit said, speaking at VOICES, BoF’s annual gathering for big thinkers. from Business of Fashion https://ift.tt/32Nbh0F

Report: Weston Family to Sell Selfridges to Thai Central Group

The deal could be concluded before the end of the year. from Business of Fashion https://ift.tt/3xJUEhQ

Canada Goose Draws Fresh Fire in China for Return Policies

The Canadian winterwear brand has run into controversy over its return policies, with a city consumer watchdog calling it into meetings and other groups accusing it of “bullying” customers. from Business of Fashion https://ift.tt/3oe6Bcs

How Ganni Plans to Eliminate Leather

Around a fifth of the Danish brand’s sales came from handbags, shoes and other leather pieces last year, but it’s on a mission to stop using virgin leather by 2023. from Business of Fashion https://ift.tt/3lt4yzo

The State of Fashion 2022: Global Gains Mask Recovery Pains

The fifth annual State of Fashion report by The Business of Fashion and McKinsey & Company forecasts that the global fashion industry will find its feet again after nearly two years of disruption, though supply chain headwinds will threaten growth prospects. Download the full report to understand the 10 themes that will define the industry in the year ahead and how to navigate the currents they create. from Business of Fashion https://ift.tt/2ZJ7n7Q

Hermès to Join Euro Stoxx 50, Cementing Ascent

The French luxury company is set to join one of Europe’s main equity benchmarks, an inclusion that will further bolster its visibility among investors. from Business of Fashion https://ift.tt/3oa1U3n

Why Are So Many Male Celebrities Launching Nail Polish Lines?

Machine Gun Kelly is the latest celebrity to get into the nail category, which is seeing rapid growth. from Business of Fashion https://ift.tt/2ZIFTiJ

Footwear Giant Arezzo & Co Enters Womenswear With Carol Bassi Brand Acquisition

Leading Brazilian footwear and accessories conglomerate Arezzo & Co has purchased the Carol Bassi brand, one of Brazil’s leading women’s high-end apparel players, for 180 million reais ($32 million). from Business of Fashion https://ift.tt/3loXbsU

Chinese Streetwear Platform Poizon Invests $50 Million in Continuing Content Pivot

The Shanghai-based streetwear platform, known locally as Dewu, announced its intention to invest 320 million yuan ($50.23 million) in promoting new content creators. from Business of Fashion https://ift.tt/3EdPIV0

India’s Nykaa looks to triple store count in retail expansion

The Indian cosmetics-to-fashion retailer plans to more than triple its brick-and-mortar stores to 300. from Business of Fashion https://ift.tt/3D9y9UM

Prada Sees Secondhand Fashion as Opportunity, Weighs Partnerships

The Italian fashion group sees opportunity in the booming secondhand fashion sector which it can develop both in-house and through partnerships from Business of Fashion https://ift.tt/3DaWYPW

Allbirds Posts Wider Than Expected Quarterly Loss on Rising Costs

The digitally native brand posted a wider than expected quarterly loss on Tuesday in the shoemaker’s first set of results since its Nasdaq debut earlier this month. from Business of Fashion https://ift.tt/3D6lD8h

French City Objects to Zara Store Extension in Part Over Uighur Probe

Zara, owned by Spain’s Inditex, was denied permission to extend a French store following concerns over sustainability and alleged exploitation of China’s minority Muslim Uighurs, the local town hall said on Tuesday. from Business of Fashion https://ift.tt/3FXPz8o

How to Win in the Contemporary Category

French brand Ba&sh saw record sales this year, joining a group of mid-priced labels in defying the broader segment squeeze. What’s behind their success? from Business of Fashion https://ift.tt/2ZIZu2o

The State of Fashion 2022

Please join us on Wednesday December 8, at 18:00 GMT for a special #BoFLIVE, exclusively for Professional Members, with the authors of The State of Fashion 2022. BoF’s Imran Amed and McKinsey’s Achim Berg will go deeper into the key findings from this year’s report and explain how business leaders should prepare for the new and persisting challenges and fresh opportunities to grow and evolve in the year ahead. from Business of Fashion https://ift.tt/31k8z2h

Virgil Abloh’s Show Goes On

The show the designer was planning up until the end of his life went on as scheduled in Miami. But what had originally been intended as an event for Louis Vuitton’s top clients took on the form of a celebration and tribute before a gathering of Abloh’s collaborators, friends and colleagues. from Business of Fashion https://ift.tt/3lqeKc1

Gucci Family Claim “House of Gucci” Inaccuracies

The family has released a statement admonishing the new film, which depicts the Italian fashion dynasty’s decline. from Business of Fashion https://ift.tt/3Ed0xqq

A New Era for China’s $15 Billion Streetwear Market

Luxury brands, local labels, major exhibitions and digital platforms are driving a more complex and increasingly fragmented streetwear sector in China. from Business of Fashion https://ift.tt/3E7Y5kJ

Inditex Founder’s Daughter to Become Chairwoman, CEO to Step Down

Marta Ortega will take over as chairwoman in April with a new chief executive, as a last step of a generational handover that started a decade ago, the company said. from Business of Fashion https://ift.tt/3o8gmJq

Edgewell Buys Razor Brand Billie After P&G Was Blocked From Buying It

The owner of Schick and Banana Boat said it purchased direct-to-consumer razor brand Billie Inc. in a $310 million transaction. from Business of Fashion https://ift.tt/3rqjrq2

Reimagining Funding to Democratise Fashion Entrepreneurship

Clearco has invested more than $2.4 billion in over 6,000 businesses, leveraging AI to remove the bias. Its portfolio has eight times more women-founded businesses than traditional VC firms and 30 percent of founders are people of colour. from Business of Fashion https://ift.tt/3Eb1vU6

How to Seize Fashion’s Gaming Opportunity — Download the Case Study

Vans, Balenciaga and Benefit Cosmetics are among the fashion and beauty brands to have recently leaned into the multi-billion-dollar gaming industry. With strategies aimed at fostering community, generating buzz and authentically engaging with gamers, they have been able to connect with a largely untapped and still-growing global audience. from Business of Fashion https://ift.tt/3d7ac5C

Soaring Resale Demand for Off-White Product Puts Platforms in a Bind

Online resale sites have seen searches and sales for Virgil Abloh’s designs soar following the news of his unexpected death. The interest may pose a problem for platforms, which could be seen to be enabling profiteering from the designer’s passing. from Business of Fashion https://ift.tt/31dH7mm

Making Sense of This Year’s Black Friday Sales

Consumers began shopping for gifts earlier than usual this year, leading to a lacklustre Thanksgiving weekend — but likely stronger holiday spending overall. from Business of Fashion https://ift.tt/3I5dNj5

Reimagining Funding to Democratise Fashion Entrepreneurship

Clearco has invested more than $2.4 billion in over 6,000 businesses, leveraging AI to remove the bias. Its portfolio has eight times more women-founded businesses than traditional VC firms and 30 percent of founders are people of colour. from Business of Fashion https://ift.tt/32Exe1T

TikTok Parent Eyes Middle East E-Commerce Opportunity With Logistics Investment

ByteDance Ltd has invested in Dubai-based iMile Delivery as part of the first major fundraising by the courier startup that services Chinese online vendors, according to people familiar with the matter. from Business of Fashion https://ift.tt/3d2nPmP

Belgian Fashion Awards Honour Walter Van Beirendonck

The Belgian Fashion Awards and biannual conference, Fashion Talks, were both held in Antwerp last week, with Walter Van Beirendonck winning the Jury Prize recognising a career of excellence. from Business of Fashion https://ift.tt/3d1xdqY

Lululemon Fires Back at Peloton With Its Own Patent Lawsuit

Lululemon Athletica Inc. sued Peloton Interactive Inc. for patent infringement five days after the fitness bike company filed a pre-emptive suit against the clothing maker, as a dispute over a busted co-branding deal heats up. from Business of Fashion https://ift.tt/3lmLC5z

Virgil Abloh Honoured at Fashion Awards

The gala opened with a tribute to the late designer, who passed away from a rare form of cancer this weekend. from Business of Fashion https://ift.tt/3I4YDKx

The Fashion World Remembers Virgil Abloh

The industry pays tribute to the much-loved designer, whose death was announced on Sunday. from Business of Fashion https://ift.tt/3IeVCaX

Louis Vuitton to Pay Tribute to Virgil Abloh at Miami Show

The Miami show will go ahead as planned Tuesday “in loving memory” of the designer, in line with his wishes, the brand said. from Business of Fashion https://ift.tt/3HVZ4XA

Maison Kitsuné Launches Investment Arm, Backs Connor McKnight

The French fashion and lifestyle brand’s early stage investment arm, Kitsuné Ventures, launched Nov. 29 and will invest in businesses across fashion, media, hospitality and technology. from Business of Fashion https://ift.tt/3rk9bzK

Announcing Deckers Brands’ UGG and Hoka

Check out this week’s new partners and openings on BoF Careers, the global marketplace for fashion talent. from Business of Fashion https://ift.tt/3D7gvRo

VOICES 2021 — Explore the Full Agenda

BoF VOICES is returning this year from Dec. 1 to 3 with a stellar lineup of speakers from the worlds of technology, business, politics, finance, science, health & wellness, philanthropy, activism — and of course, fashion. from Business of Fashion https://ift.tt/3xzcxja

The Best Jobs on BoF Careers

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from i-D, Coach and LN-CC. from Business of Fashion https://ift.tt/3cUlx9k

Virgil Abloh Has Died After a Private Battle With Cancer

He had battled a rare form of cancer for years, according to a statement on his Instagram account. from Business of Fashion https://ift.tt/3lguwWG

Fashion and Art Collide in Miami

This week, everyone will be talking about fashion crossovers at Art Basel Miami Beach, London’s Fashion Awards and BoF VOICES. from Business of Fashion https://ift.tt/3xueEVJ

Peloton Sues Lululemon in Bid to Protect Sportswear Patents

Lululemon claimed in a Nov. 11 cease and desist letter that five Peloton products infringe its apparel design patents. Peloton then sued in Manhattan federal court Wednesday — just two days before Black Friday’s start of the holiday shopping season. from Business of Fashion https://ift.tt/3cULhlU

Maria Raga on Why Community Is Central to Depop’s Success

The chief executive of the online peer-to-peer marketplace believes the platform’s ability to connect people sets it apart from typical fashion e-commerce. from Business of Fashion https://ift.tt/3xpt2hY

Careers Counsel | How to Develop Your Leadership Style

Careers Counsel is a weekly round-up of the most helpful and inspiring advice for boosting your career. from Business of Fashion https://ift.tt/3cRoyHy

Virtual Fashion Is Big News. Can It Be Big Business?

From the Fashion Awards to Nike, the industry is trying more and more to talk to consumers in cyberspace. from Business of Fashion https://ift.tt/3CTAUte

Roland Mouret Files For Administration, Shuts Down Carlos Place Store

The London-based couturier best known for its curve-hugging “Galaxy” dress has entered administration as the market for high-end occasion-wear continues to struggle, BoF has confirmed. from Business of Fashion https://ift.tt/3lb30dq

Fearing Empty Shelves, Black Friday ‘Early Birds’ Head to US Stores

A surge in online shopping has dampened the size of traditional Black Friday crowds in recent years, but concerns over supply shortages are expected to lead to queues this year. from Business of Fashion https://ift.tt/3xqMzhN

China’s Pinduoduo Revenue Disappoints as Pandemic-Led Shopping Boom Wanes

The Chinese e-commerce platform is facing a challenging environment as shoppers have returned to stores and Chinese authorities are cracking down on large tech companies. from Business of Fashion https://ift.tt/3lblKJw

Chinese Beauty Retailer Harmay Acquires Kevyn Aucoin Brand

The up-and-coming beauty retailer recently acquired the makeup brand, though no other details have been revealed about the deal. from Business of Fashion https://ift.tt/30WpvMn

Alibaba-Owned Daranz Gears Up for Battle Against Amazon

Pakistan’s largest e-commerce retail platform Daraz aims to host up to 300,000 small to medium enterprises (SMEs) in two years, to bolster its position in its home market in the face of potential competition from global giant Amazon. from Business of Fashion https://ift.tt/32BCSBZ

Introducing ‘The BoF Show with Imran Amed’ Streaming on Bloomberg Quicktake

The Business of Fashion is excited to introduce “The BoF Show with Imran Amed”, an immersive streaming video series created in partnership with Bloomberg Quicktake. from Business of Fashion https://ift.tt/3DWTcef

Resale: Inside the $130 Billion Secondhand Fashion Market

Pre-loved fashion is on the rise, as old clothes find new wearers via global technology platforms. What are the rewards and the risks of this resale revolution? from Business of Fashion https://ift.tt/3xoRwYq

Power Moves | Estée Lauder Names New China, North America Leads; Neiman Marcus Boosts Executive Ranks

Estée Lauder named Mark Loomis president for North America and Joy Fan head of China, while Neiman Marcus Group announced three new senior hires. from Business of Fashion https://ift.tt/3I4ZU4D

Report: China’s Luxury Resale Market to Reach $33 Billion by 2025

China’s domestic luxury resale market was valued at 51 billion yuan ($8 billion) in 2020 and its total value will exceed 208 billion yuan ($32.75 billion) by 2025, with a compound annual growth rate (CAGR) of 32.5 percent. from Business of Fashion https://ift.tt/3oZl6Qz

Walmart, Gap, Nordstrom Unnerve Investors Ahead of Crucial Holiday Season

Big retailers are feeling the pressure from supply chain disruptions and rising costs. from Business of Fashion https://ift.tt/3nQjb1B

European Fashion Accelerator Boosts Young Designers

This year’s edition of European Fashion Accelerator (EFA), a platform dedicated to promoting young Central European designers, was held in Prague and featured nine designers under the age of 28 from the Czech Republic, Slovakia, Poland and Hungary. from Business of Fashion https://ift.tt/3DYbCLW

Alessandro Michele to Receive Trailblazer Award at BFC’s Fashion Awards

The creative director will be among the honourees on Monday for his work “positioning Gucci at the intersection of culture, art, music and film.” from Business of Fashion https://ift.tt/3FLeqfH

US Online Spending Has Surged 20% This Month in Sign of Early Shopping

Online consumer spending jumped 20 percent this month through Tuesday in a sign that holiday shopping has started early, according to the Adobe Digital Economy Index. from Business of Fashion https://ift.tt/3l86j4Z

Why Beauty Won’t Stop Expanding

The high-growth category now includes everything from vibrators to vitamins as consumers look for more holistic solutions rather than just products. from Business of Fashion https://ift.tt/3xi7jbJ

TikTok Fan Favourite Revolution Beauty to Expand in US Market

The makeup company plans to launch in 2,800 retail stores in the next three months. from Business of Fashion https://ift.tt/3CKBoBH

Korean Beauty Retailer Olive Young Eyes $1 Billion IPO

The health and beauty chain, also known as CJ Olive Young, is looking to raise $1 billion in a local public offering sources say will take place early 2022. from Business of Fashion https://ift.tt/3xlvZ3a

Russia’s Melon Fashion Group Sees Revenue Grow 66%

The Saint Petersburg-based fashion conglomerate's revenues for the first nine months of this year have already surpassed total revenues for full-year 2020. from Business of Fashion https://ift.tt/3HP8Smf

Coty Invests in Prestige Skin Care Brand Orveda as It Aims to Grow Both Categories

Coty is continuing its prioritisation of prestige with an investment in Orveda, a skin care label known for its vegan, genderless offering and microbiome and prebiotics focus. from Business of Fashion https://ift.tt/3npxNoa

Mulberry Gears up for Christmas as Sales Rise to Pre-Pandemic Levels

Mulberry said on Wednesday demand for its luxury products is back at pre-pandemic levels with sales in the UK and Asia powering a 34 percent surge in first-half revenue, as it prepares to benefit from the holiday shopping season. from Business of Fashion https://ift.tt/3xgkR7z

Mall Brands Plunge as Gap, Nordstrom Add to Worries

Mall staples Gap Inc. and Nordstrom Inc. tumbled after reporting disappointing results, adding to a series of worrisome retail earnings and renewing concerns over the global supply chain crisis. from Business of Fashion https://ift.tt/3DPtmJg

Inside Adidas’ Billion-Dollar Digital Transformation

The German sneaker giant is investing for a new era of tech-enabled retail in a bid to close the gap with Nike. from Business of Fashion https://ift.tt/3CQnJJk

What Will ‘House of Gucci’ Mean for Gucci, the Brand?

What will Ridley Scott’s intended blockbuster starring Lady Gaga really mean for the multi-billion dollar brand? from Business of Fashion https://ift.tt/2ZgGFDm

China Circulates New Rules for Celebrities Promoting Brands, Products

At a time when more international brands than ever are tapping into the power of Chinese celebrities to reach young consumers in the world’s largest fashion and luxury market, those celebrities are coming under intense scrutiny from authorities concerned about their influence. from Business of Fashion https://ift.tt/3nJcKNI

Nordstrom Beats Revenue Estimates on Strong Apparel Demand

Nordstrom Inc beat estimates for quarterly sales on Tuesday, as people rushed to its stores to buy apparel and footwear, even as supply-chain disruptions threaten to create shortages at its off-price outlets during the holiday season. from Business of Fashion https://ift.tt/3CQvXkB

The 24-Year-Old Aiming to Dethrone Victoria’s Secret

Parade has a grand plan to be the ‘next big underwear brand.’ Up next: its first store. from Business of Fashion https://ift.tt/3DHBDyK

American Eagle Outfitters Holiday Inventory Balloons, Sales Impress

American Eagle Outfitters Inc said on Tuesday its inventory levels jumped ahead of the holiday season as it spent more on air freight to overcome supply chain disruptions, after posting better-than-expected quarterly results. from Business of Fashion https://ift.tt/3DMo29s

Pre-Owned Seller WatchBox Raises $165 Million

The US-based e-commerce platform, which also counts stores in Dubai and Hong Kong among other locations, announced a funding round led by The Radcliff Companies and The Spruce House Partnership. from Business of Fashion https://ift.tt/30Q5Kpk

A Year of Hits and Misses for China’s Fashion Billionaires

Some of China’s most high-profile billionaire tech barons have seen their fortunes fade in 2021, but new business models and market trends have driven vast wealth creation for others. from Business of Fashion https://ift.tt/32hbl8C

Britain’s M&S Buys 25% Stake in Nobody’s Child

Britain’s Marks & Spencer (M&S) has bought a 25 percent stake in womenswear brand Nobody’s Child, as it seeks to accelerate a revival in its clothing arm, it said on Tuesday. from Business of Fashion https://ift.tt/3l2VGQP

South Africa’s Budget Fashion Giant Sees Profits Surge

South African retailer Pepkor Holdings on Friday reported a 115.2 percent jump in annual earnings, rebounding from a low base in 2020 when it was hit by coronavirus lockdown restrictions. from Business of Fashion https://ift.tt/32l0cUh

Dubai’s Emaar Completes Malls, Properties Merger

Developer Emaar Properties has completed its merger with retail arm, Emaar Malls, in a deal that delists the mall operator, the Emirati multinational announced Nov. 22. from Business of Fashion https://ift.tt/3oPGEzb

Industry Insights on Evolving Luxury Consumer Behaviour

Bulgari CEO Jean-Christophe Babin and McKinsey senior partner Aimee Kim discuss what is driving the female-identifying hard luxury consumer to purchase today. BoF shares key insights. from Business of Fashion https://ift.tt/3oUO9EN

Fashion’s New Digital Frontier

Virtual fashion has blown up this year, as brands have dabbled in gaming and piled into the NFT craze. Is it a bubble or the next big thing? from Business of Fashion https://ift.tt/30JSZfP

To Hold Gen-Z’s Attention, Brands Need to Show Some Personality

Brands have figured out how to go viral on TikTok, but holding young consumers’ attention for longer than it takes to swipe to the next video remains a challenge. Fashion must take a cue from the platform’s most successful creators and build an online persona that doesn’t need to hop on the latest trend. from Business of Fashion https://ift.tt/3nKzLjn

The Chief Supply Chain Officer is the New C-Suite Star

Big brands are beefing up their executive ranks with experts who can ensure increasingly complex supply chains operate smoothly and sustainably. from Business of Fashion https://ift.tt/3HIYdtf

China Fines Top Livestreamers for Tax Evasion

Livestreaming stars are the latest to find themselves in trouble with China's tax authorities. from Business of Fashion https://ift.tt/3FBY8pq

Influencer Marketing Platform LTK Valued at $2 billion as SoftBank Invests

Influencer marketing platform LTK raises $300 million from SoftBank. from Business of Fashion https://ift.tt/3HDVl0R

Why Jewellery’s Diversity Problem Is So Hard to Fix

The industry is reckoning with a lack of opportunities for Black designers. But change comes slow in a world where money and connections often determine who has access to precious stones. from Business of Fashion https://ift.tt/32dZWqf

CVC Invests in Forever 21 Owner at $13 Billion Enterprise Value

Authentic Brands Group Inc. — the owner of labels such as Forever 21 and Brooks Brothers — will have an enterprise value of $12.7 billion following the transaction, according to a statement. from Business of Fashion https://ift.tt/3kYI88V

China Fines Alibaba, Tencent in Latest Antitrust Investigation

Alibaba Group Holding Ltd., Tencent Holdings Ltd. and Baidu Inc. are among companies that have been ordered to pay a total of 21.5 million yuan ($3.4 million) in fines by China’s competition watchdog, the latest round of penalties in the nation’s ongoing crackdown on monopolies. from Business of Fashion https://ift.tt/2Z8Xccr

Melbourne Fashion Week Aims to Boost Post-Lockdown Economy

Melbourne was hoping for a fashion-led recovery from its long winter of lockdown with its latest edition of Melbourne Fashion Week (MFW), which wrapped up Nov. 21. from Business of Fashion https://ift.tt/3CErAZW

How the New Wave of Fast Fashion Brands Really Work

Edikted is less than a year old but it’s all over TikTok and already topping search rankings among Gen Z consumers. The brand’s founder explains his formula. from Business of Fashion https://ift.tt/3CEpMjC

Can Levi’s Turn Regular Employees Into Data Scientists?

Levi’s is aiming to turn employees in roles across the company from AI novices to capable practitioners as it seeks to weave data science throughout its business. from Business of Fashion https://ift.tt/3nBsEcW

The Best Jobs on BoF Careers

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from Mytheresa, Skims and Erdem. from Business of Fashion https://ift.tt/3kXFYGy

Lanvin Group Unveils New Logo

Lanvin Group officially unveiled its new brand identity Monday, after changing its name from Fosun Fashion Group in October. from Business of Fashion https://ift.tt/3HIyPnh

Why Effeminate Men Have Been Banned in China

The government’s recent ban on so-called “sissy men” in the media could have far-reaching implications for China’s fashion community and global brands operating there. from Business of Fashion https://ift.tt/3ckT8ci

Retailers Have Sky-High Expectations for Black Friday. Will Shoppers Show Up?

This week, everyone will be talking about Black Friday, earnings from Abercrombie & Fitch and other mall brands, plus House of Gucci from Business of Fashion https://ift.tt/3nCLvo0

Dover Street Market Aims to Reinvent Retail (Again)

Comme des Garçons’ chain of luxury bazaars reimagined multi-brand retail. Now, CEO Adrian Joffe is aiming to do it again with radical events platform 3537. from Business of Fashion https://ift.tt/3CiFz7C

Ib Kamara to Be Honoured at Fashion Awards 2021

The Dazed Magazine editor in chief will receive the Isabella Blow Award for Fashion Creator at the ceremony on Nov. 29. from Business of Fashion https://ift.tt/326PXCX

L’Oréal Offers Vouchers to End Spat With China’s “Lipstick Brother”

French cosmetics giant L’Oréal is offering shopping vouchers to some Chinese customers to settle a dispute over discounts that drew the ire of the country’s top two livestreaming sales stars, the pair said. from Business of Fashion https://ift.tt/3Ctl6Nu

Careers Counsel | 4 Tips on How to Pitch Ideas to Co-Workers

Careers Counsel is a weekly round-up of the most helpful and inspiring advice for boosting your career. from Business of Fashion https://ift.tt/3DBK12D

What the Potential Richemont Deal Means for Farfetch

The fast-growing luxury marketplace’s latest results disappointed some investors, putting more pressure on the a tie-up with Richemont that could boost Farfetch’s platform ambitions. from Business of Fashion https://ift.tt/3CyaZHh

The Dematerialised on the Rise of Virtual Fashion

Marjorie Hernandez and Karinna Nobbs, co-founders of The Dematerialised, explain why, one day, a digital dress could be just as desirable as a physical one, as featured in the fourth episode of The BoF Show, now streaming on Bloomberg Quicktake. from Business of Fashion https://ift.tt/3Dz5fhD

Ib Kamara to Be Honoured at Fashion Awards 2021

The Dazed Magazine editor in chief will receive the Isabella Blow Award for Fashion Creator at the ceremony on Nov. 29. from Business of Fashion https://ift.tt/30GRM9a

Shopee’s Q3 Revenue Up 134%

The Singapore-based e-commerce giant reported an 80.6 percent boost in gross merchandise value (GMV) year-on-year, with total orders up 123.2 percent year-on-year. from Business of Fashion https://ift.tt/3FyR5xx

Perfect Diary Parent Reports Slight Revenue Increase, $100 Million Share Buyback

Yatsen Holdings, the Chinese beauty conglomerate which owns brands including Perfect Diary, Abby’s Choice, Eve Lom and Galénic, reported net revenues for its third quarter, ending Sept. 30, of 1.34 billion yuan ($208.4 million), a year-on-year increase of 6 percent. from Business of Fashion https://ift.tt/2Z0OVHt

Russian Retailer Familia Sees Revenue Grow By Almost 50%

Russian off-price retailer, Familia, increased its revenue by 47.8 percent in the first nine months of 2021 compared to the same period last year and by 30.6 percent compared to pre-pandemic levels in the first nine months of 2019. Revenue for the period reached 24.9 billion roubles ($342 million). from Business of Fashion https://ift.tt/3nxXDqo

How Brandon Blackwood Avoided Being a One-Hit Wonder

The designer, whose viral "End Systemic Racism" bags helped him build a cult following, is now turning his attention to building a full-fledged brand beyond his signature totes. from Business of Fashion https://ift.tt/3x1zvPS

Power Moves | Bottega Veneta’s New Creative Director; Versace’s Interim CEO

Mattheiu Blazy will succeed Daniel Lee, and Cedric Wilmote will helm Versace as it searches for Jonathan Akeroyd’s permanent successor. from Business of Fashion https://ift.tt/3oJfg5D

Beauty Brands’ Newest Exit Strategy

A new wave of deals in beauty show there are future paths beyond an acquisition from Estée Lauder or L’Oréal. from Business of Fashion https://ift.tt/3npOcZQ

Farfetch Shares Plunge in After-Hours Trading on Revenue Miss

Shares were down 24 percent in after-hours trading, after the luxury marketplace reported a 33 percent increase in revenue to $583 million in the three months ending September 20, 2021, short of the average analyst forecast for $591 million. from Business of Fashion https://ift.tt/30wiT6F

Nike Jumps Into Metaverse With Virtual World on Roblox Platform

Nike Jumps Into Metaverse With Virtual World on Roblox Platform from Business of Fashion https://ift.tt/3qMFC9G

Oprah and Reese Witherspoon Invest in Spanx at $1.2 Billion Valuation

Oprah Winfrey and the actress Reese Witherspoon were among new investors in Spanx Inc. as the womenswear brand completed a majority sale to funds managed by Blackstone Inc. from Business of Fashion https://ift.tt/3r4TBrJ

Macy’s Says It Is Working With Alixpartners to Review Its Business Structure

Macy’s Inc said on Thursday it is working with consulting firm AlixPartners to review its business structure, just a month after activist investor Jana Partners urged the department store chain to sell its e-commerce business. from Business of Fashion https://ift.tt/3kMJK5y

At Columbia College Chicago, a Return to Hands-On Learning

The creative and liberal arts college’s curriculum is rooted in hands-on learning, immersive experiences and their diversity, equity and inclusion mission. The chair of fashion studies shares insights alongside faculty and students. from Business of Fashion https://ift.tt/3nuG629

Patrizio Bertelli on Prada’s Next Chapter

After a lengthy turnaround, CEO Patrizio Bertelli outlines his growth plans for the Milanese fashion giant. from Business of Fashion https://ift.tt/3wYDIUl

House of Fraser to Close London Flagship Store

Parent company Frasers Group — formerly known as Sports Direct — announced on Thursday that the department store had been served notice by its landlord who has received planning permission to redevelop the site. from Business of Fashion https://ift.tt/3np9A1o

Alibaba Misses Quarterly Revenue Expectations

China’s Alibaba Group Holding Ltd on Thursday missed market expectations for second quarter revenue, as consumption in the country slowed and its e-commerce business took a hit from supply chain constraints. from Business of Fashion https://ift.tt/3npQHeO

Global Beauty Accelerator SuperOrdinary Pours $25 Million Into E-Commerce Partner Crea

SuperOrdinary, which helps brands like Drunk Elephant, The Ordinary and Super Goop enter new markets or platforms, has invested $25 million in Bangkok-based Crea, the companies announced Nov. 17 from Business of Fashion https://ift.tt/3wX4g8u

Victoria’s Secret Sued by Fitness Influencer Kayla Itsines’ ‘Sweat’ Owner

A health and fitness company is suing Victoria’s Secret Stores Brand Management LLC in Utah federal court for allegedly copying its trademark. from Business of Fashion https://ift.tt/3wZMVvN

China’s JD.com Reports 25% Jump in Quarterly Revenue

Chinese e-commerce firm JD.com Inc reported on Thursday a 25.5 percent rise in quarterly revenue, boosted by sustained demand for online shopping. from Business of Fashion https://ift.tt/3FsIFYM

China’s Top Livestreaming Sales Stars in Dispute With L’Oréal

China’s top two livestreaming sales stars said they have suspended cooperation with French cosmetics giant L’Oreal over a dispute about prices during Alibaba Group’s Singles Day shopping promotion earlier this month. from Business of Fashion https://ift.tt/3FpOExf

Why Jewellery’s Diversity Problem Is So Hard to Fix

The industry is reckoning with a lack of opportunities for Black designers. But change comes slow in a world where money and connections often determine who has access to precious stones. from Business of Fashion https://ift.tt/32dZWqf

Should Fashion Consider Same-Day Delivery?

Ulta and Abercrombie & Fitch are the latest retailers to offer shoppers ultra-fast delivery through partnerships with courier companies. While the service isn’t yet industry table stakes, experts say it’s an effective tool for driving loyalty. from Business of Fashion https://ift.tt/3FkJjaA

Coty Invests in Prestige Skin Care Brand Orveda as It Aims to Grow Both Categories

Coty is continuing its prioritisation of prestige with an investment in Orveda, a skin care label known for its vegan, genderless offering and microbiome and prebiotics focus. from Business of Fashion https://ift.tt/3npxNoa

What You Will Learn at VOICES 2021

Explore the core themes and reserve your spot to attend BoF’s annual gathering for big thinkers. from Business of Fashion https://ift.tt/3HrkKe5

Gabriela Hearst in Conversation with Tim Blanks

The Chloé creative director speaks with Tim Blanks about desirability, sustainability and fashion’s future. from Business of Fashion https://ift.tt/3kJd0Kr

In New York, BoF and Shopify Host Forum on Retail’s New Paradigm

Industry leaders gathered to discuss the challenges and opportunities native-app commerce represents as retail shifts from mobile browsing to in-app purchases, before calling for closer ties within the American fashion community to navigate disruption and support young talent. from Business of Fashion https://ift.tt/3HvXCLm

Louis Vuitton Brings Spring/Summer Show to Shanghai

Shanghai’s shipyard repair docks were transformed on Wednesday evening, adorned with 1,800 custom-made chandeliers in order to serve as the backdrop of the latest outing for Louis Vuitton’s Spring/Summer 2022 collection. from Business of Fashion https://ift.tt/3qK0UVh

PVH Corp. Will Close Its Manufacturing Facility in Ethiopia

Chief supply chain officer Sarah Clarke made the announcement to the company in a note sent out Wednesday, citing the Ethiopian’s government current conflict with forces aligned with the Tigray People’s Liberation Front. from Business of Fashion https://ift.tt/3DnBtwi

Vanity Fair’s European Editions Align Following Consolidation

In another example of how Condé Nast’s content has changed now that each publication has single regional and global editors, the Italian, French and Spanish editions of Vanity Fair announced a shared theme for its upcoming editions. from Business of Fashion https://ift.tt/3oGbzO6

PVH Corp. Will Close Its Manufacturing Facility in Ethiopia

PVH Is Closing Its Manufacturing Facility in Ethiopia from Business of Fashion https://ift.tt/3kNKZl0

Beauty Brands’ Newest Exit Strategy

A new wave of deals in beauty show there are future paths beyond an acquisition from Estée Lauder or L’Oréal. from Business of Fashion https://ift.tt/3npOcZQ

Chen Man Photo at Dior’s Shanghai Exhibit Sparks Heated Online Debate

A photograph from one of China’s most famous fashion photographers, Chen Man, featured as part of a Christian Dior exhibition in Shanghai has drawn the ire of state media on Monday. from Business of Fashion https://ift.tt/2YUTdjL

Olaplex Sales Up 80 Percent in First Quarterly Earnings

The hair products maker — which fetched a valuation of more than $13.6 billion in an upsized initial public offering on Sept. 30 — posted net sales of $161.6 million and almost doubled its net income, at $56.6 million. from Business of Fashion https://ift.tt/30BowAU

Dover Street Market Aims to Reinvent Retail (Again)

Comme des Garçons’ chain of luxury bazaars reimagined multi-brand retail. Now, CEO Adrian Joffe is aiming to do it again with radical events platform 3537. from Business of Fashion https://ift.tt/3CiFz7C

At Klarna, A New Customer Acquisition Channel for Retailers

“I believe we’re becoming a very viable marketing alternative to the Facebook and Google networks,” says Klarna chief marketing officer David Sandstrom. Here, he shares why the payments company is investing heavily in its retailer support offerings and what it means for brands. from Business of Fashion https://ift.tt/3FrLk54

African E-commerce Company Jumia’s Users Grow, Losses Deepen

Africa’s Jumia Technologies on Tuesday reported an 8 percent increase in active customers in its third quarter to the end of September from a year earlier, following a ramp-up in marketing efforts, but said its adjusted loss had nearly doubled. from Business of Fashion https://ift.tt/3ckt159

Hanifa’s Washington Debut

The brand known for pioneering virtual fashion finally met its audience in real life, giving a glimpse into designer Anifa Mvuemba’s long term ambitions. from Business of Fashion https://ift.tt/3HwVeUA

Should Fashion Consider Same-Day Delivery?

Ulta and Abercrombie & Fitch are the latest retailers to offer shoppers ultra-fast delivery through partnerships with courier companies. While the service isn’t yet industry table stakes, experts say it’s an effective tool for driving loyalty. from Business of Fashion https://ift.tt/3FkJjaA

The $12 Billion Start-Up Proving Wholesale Is Thriving

A $400 million investment in Faire, which pairs brands with retailers, is a sign of how multi-brand stores are here to stay after a decade where direct-to-consumer brands dominated the conversation. from Business of Fashion https://ift.tt/3kJhQYk

India’s Online Fashion Leader Launches Myntra Luxe

India’s leading fashion e-commerce platform player, Myntra, is expanding its reach into the luxury segment, launching a dedicated store for high-end brands on its app called Myntra Luxe. from Business of Fashion https://ift.tt/3Fij98m

At Klarna, A New Customer Acquisition Channel for Retailers

“I believe we’re becoming a very viable marketing alternative to the Facebook and Google networks,” says Klarna chief marketing officer David Sandstrom. Here, he shares why the payments company is investing heavily in its retailer support offerings and what it means for brands. from Business of Fashion https://ift.tt/1V0mlGE

For Cartier, Love Is a Battlefield

With Tiffany’s LVMH-backed reboot making a splash, Cartier is trying to hit back with its own holiday push. Here’s what the campaign says about the Paris-based jewellery giant’s strategy. from Business of Fashion https://ift.tt/3CmW9Dp

Why Effeminate Men Have Been Banned in China

The government’s recent ban on so-called “sissy men” in the media could have far-reaching implications for China’s fashion community and global brands operating there. from Business of Fashion https://ift.tt/3ckT8ci

Nike Delays Its Travis Scott Sneaker Release After Astroworld Concert Tragedy

Nike Inc. said it would postpone the release of a sneaker collaboration with rapper Travis Scott’s Cactus Jack label after a crowd crush resulted in the deaths of 10 people at his concert earlier this month. from Business of Fashion https://ift.tt/328G9sj

Following Investment, M&S Launches on Rental Platform Hirestreet

It makes M&S the first major high street retailer in the UK to signal broader ambitions in the burgeoning clothing rental market. from Business of Fashion https://ift.tt/30vTBFT

Peru’s Biggest Fashion Trade Shows Push Appeal of Alpaca Products

Peru Moda Deco and Alpaca Fiesta, Peru’s most important fashion and textile trade shows, closed on Friday after several weeks of digital events bringing together all links in the textile and alpaca value chains. from Business of Fashion https://ift.tt/3DnHiKi

Gucci CEO Sees 2021 Sales in Line With 2019, Perhaps a Little Higher

French luxury group Kering’s top brand Gucci expects 2021 revenues to be in line or “a little higher” than their 2019, pre-pandemic level, the label’s chief executive Marco Bizzarri said. from Business of Fashion https://ift.tt/3Hrt5yj

Metaverse: A $50 Billion Revenue Opportunity for Luxury

Digital demand for fashion and luxury brands is expected to grow from current low levels and result in extra sales for the industry that could reach $50 billion by 2030, according to Morgan Stanley. from Business of Fashion https://ift.tt/3CnbBzt

Online Marketplace Faire’s $400 Million Funding Lifts Valuation to $12.4 Billion

Online wholesale marketplace Faire said on Tuesday it has raised $400 million at a valuation of $12.4 billion in its third funding round in less than two years. from Business of Fashion https://ift.tt/3CfDdq4

Gucci Returns to Milan Fashion Week Calendar

Italy’s biggest luxury brand will show a mixed-gender collection in Milan in February, returning to an industry-organised fashion week for the first time in two years. Gucci will stage two other shows next year in late spring and September, Gucci said in a statement. from Business of Fashion https://ift.tt/3qIrbTW

How to Leverage Livestreaming

A panel of experts discuss the keys to making sales through real-time video streaming, a trend expanding beyond China as new technologies spread around the world. from Business of Fashion https://ift.tt/3njb9xD

Can Other Brands Replicate Figs’ Scrubs Success?

The scrubs giant changed the market for healthcare apparel. Now a new crop of brands, selling high-end options, sneakers and accessories, are capitalising on the opportunity. from Business of Fashion https://ift.tt/3CiGyVj

Online Marketplace Faire’s $400 Million Funding Lifts Valuation to $12.4 Billion

from The Business of Fashion https://ift.tt/3oC0UUE

Metaverse: A $50 Billion Revenue Opportunity for Luxury

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

Gucci Returns to Milan Fashion Week Calendar

from The Business of Fashion https://ift.tt/3CkW03s

Can Other Brands Replicate Figs’ Scrubs Success?

The scrubs giant changed the market for healthcare apparel. Now a new crop of brands, selling high-end options, sneakers and accessories, are capitalising on the opportunity. from The Business of Fashion https://ift.tt/3nk4eVe

Why a Handbag Brand Is Betting on Cannabis

Red carpet-regular Edie Parker thinks handbags and fashion-forward cannabis can sell side-by-side, as founder Brett Heyman plots fall expansion for her ‘Edie Parker Flower’ line. from The Business of Fashion https://ift.tt/3DlMhuW

Harry Styles Launches Beauty Brand

from The Business of Fashion https://ift.tt/3nhjd20

Kering Names Matthieu Blazy as Bottega Veneta’s New Creative Director

The brand’s current design director, a former deputy of Raf Simons and Phoebe Philo, has been promoted to the top creative role following Daniel Lee’s departure. from The Business of Fashion https://ift.tt/2YNPMv4

Nykaa Profit Falls 96% Ahead of Blockbuster India IPO

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

Nykaa Profit Falls 96% Ahead of Blockbuster India IPO

from The Business of Fashion https://ift.tt/3ce9JOU

China’s October Retail Sales Beat Expectations

from The Business of Fashion https://ift.tt/3qDY4Bm

Dover Street Market Aims to Reinvent Retail (Again)

Comme des Garçons’ chain of luxury bazaars reimagined multi-brand retail. Now, CEO Adrian Joffe is aiming to do it again with radical events platform 3537. from The Business of Fashion https://ift.tt/3FhLbB2

Tom Ford: ‘I Believe in Fashion, Absolutely’

Tim Blanks sits down with the American designer to discuss cancel culture, turning 60, mortality and the future of the Tom Ford brand, courtesy of ES Magazine. from The Business of Fashion https://ift.tt/3nhzBzM

The Best Jobs on BoF Careers

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from BoF, Tory Burch and Axel Arigato. from The Business of Fashion https://ift.tt/3HqquF0

How a Farfetch-Richemont Deal Would Shape the Future of Luxury Online

This week, everyone will be talking about a possible partnership between Richemont and Farfetch, Prada’s Capital Markets Day and the arrival of products from Balenciaga and Gucci’s ‘Hacker Project.’ from The Business of Fashion https://ift.tt/3FiecMG

Italian Fashion Group OTB Aims to List in 2024

from The Business of Fashion https://ift.tt/3or0ArW

Report: Shein Violating Labour Laws

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

What COP26 Means for Fashion

Achieving the ambitions laid out at the UN climate summit require a wholesale transformation of the way the fashion industry operates. Are business leaders ready? from The Business of Fashion https://ift.tt/3oGu2dJ

Simon Property-Backed Rue Gilt Becomes Latest Retailer to Seek US IPO

from The Business of Fashion https://ift.tt/3orJ72o

Careers Counsel | How to Obtain a Pay Rise

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/3kRDtWD

Ian Rogers: ‘Five years from now, we will have closets where we share our digital collections’

Ledger’s chief experience officer explains how — and when — fashion should tap into the NFT gold rush, as featured in the fourth episode of The BoF Show, now streaming on Bloomberg Quicktake. from The Business of Fashion https://ift.tt/3wDI8Qq

Op-Ed | Fashion’s Obligation to End Nature Loss

Fashion has a critical role to play in advancing nature-based solutions to the climate crisis, argue We Mean Business Coalition CEO María Mendiluce and Burberry chair Gerry Murphy. from The Business of Fashion https://ift.tt/3wDwhBO

Richemont in ‘Advanced Talks’ with Farfetch on YNAP Spin-Out

The Cartier owner has been looking for options to turn around or deconsolidate the loss-making e-commerce division. Farfetch could take a major role in providing technology for Richemont brands as part of the deal. from The Business of Fashion https://ift.tt/3CbpXmr

Burberry’s Revenue Rebounds from Pandemic

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

Luxury Brands Jump on Shanghai Art Week Bandwagon

from The Business of Fashion https://ift.tt/3D9HHQ9

Richemont Says in ‘Advanced Talks’ with Farfetch on YNAP Spin-Out

The Cartier owner has been looking for options to turn around or deconsolidate the loss-making e-commerce division. Farfetch could take a major role in providing technology for Richemont brands as part of the deal. from The Business of Fashion https://ift.tt/3c7DMrg

Report: LVMH Mulls First Louis Vuitton Duty Free Store in China

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

Introducing ‘The BoF Show with Imran Amed’ Streaming on Bloomberg Quicktake

The show, which premieres on Thursday, Sept. 30, documents how the $2.5 trillion dollar fashion industry is emerging from global lockdowns. from The Business of Fashion https://ift.tt/3zREJNL

Dematerialisation: Why the Metaverse Is Fashion’s Next Goldmine

Physical and digital worlds merge in the Metaverse. Can the luxury world dematerialise into the virtual space fast enough to attract eager customers — and their avatars? from The Business of Fashion https://ift.tt/3lcJWM6

Burberry Struggles to Convince on Growth

The British brand is still lagging luxury rivals as outgoing chief executive Marco Gobbetti prepares to hand over responsibility for its years-long turnaround to Versace chief Jonathan Akeroyd. from The Business of Fashion https://ift.tt/3FpmsLh

The Opportunity in Digital Fashion and Avatars

Please join us on Thursday, 18 November at 16:00 GMT for #BoFLIVE to hear BoF Insights’ Diana Lee and Rahul Malik in conversation with Helene Phillips, SVP digital and client experience, global at Jimmy Choo, and Rachel Waller, global VP of channel innovation at Burberry, as they explore the key takeaways from the latest BoF Insights report and discuss how fashion brands can approach the new digital frontier. from The Business of Fashion https://ift.tt/3Hd5TDL

Russian E-Commerce Giant Lamoda Sees Q3 Turnover Grow 31.8%

from The Business of Fashion https://ift.tt/30gm6rp

Mercado Libre Net Revenue Reaches $1.9 Billion in Q3

from The Business of Fashion https://ift.tt/3qu1Rkw

Indonesia’s GoTo Raises $1.3 Billion Ahead of IPO

from The Business of Fashion https://ift.tt/3Fd5FLh

Power Moves | Daniel Lee Exits Bottega Veneta, Ana Andjelic Leaves Banana Republic

The designer’s surprise move was described as a ‘joint decision,’ while Andjelic is leaving the retailer’s chief brand officer role after nine months. from The Business of Fashion https://ift.tt/3FbDMD0

Mytheresa Posts Profit, Sales Growth

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

Alibaba Singles’ Day Posts Record Sales

from The Business of Fashion https://ift.tt/3F2VxV2

How Tapestry Is Raising Prices

from The Business of Fashion https://ift.tt/3C7FOCk

Richemont Under Pressure

Cartier’s sales are booming, but its Swiss owner faces mounting pressure to clean house. Activist shareholders are likely to push governance issues and steep losses at YNAP into the spotlight. from The Business of Fashion https://ift.tt/3wGUYNN

Elizabeth Webbe Lunny Named Condé Nast’s Chief Business Officer of the Style Division

from The Business of Fashion https://ift.tt/3kv3D18

Tapestry Raises 2022 Forecasts as Strong Demand Outshines Supply Crunch

from The Business of Fashion https://ift.tt/3n2SeHu

How 2021 Reshaped the Luxury Market

Bain’s annual market study shows an uneven recovery with new brands, regions and distribution channels taking the lead. Some of these shifts are likely to stick. from The Business of Fashion https://ift.tt/3qHDJv5

Shiseido Bets on Southeast Asia, China, for Global Sales Boost

from The Business of Fashion https://ift.tt/3c1A1nu

Ted Baker Sales Rise as Office and Party Wear Become Popular Again

from The Business of Fashion https://ift.tt/3Hb2xBk

Brands Rake in Millions as Alibaba’s Toned-Down Singles’ Day Enters Last Stretch

from The Business of Fashion https://ift.tt/3n5jFR2

Lulu’s Fashion Lounge Prices IPO at Bottom of Range

from The Business of Fashion https://ift.tt/3n2qHWG

European luxury stocks slide on China stagflation concerns

from The Business of Fashion https://ift.tt/30hAS0V

Platon, Law Roach, Indya Moore and Vivian Hunt to Speak at VOICES 2021

They join an exciting and inspirational group of speakers at BoF’s Annual Gathering for Big Thinkers to be held from Dec. 1 to 3, 2021. Reserve your spot to join the livestream today. from The Business of Fashion https://ift.tt/3qqu63s

Burberry’s Revenue Rebounds from Pandemic

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

West African Textile Industry Poised to Benefit from Ethiopia Sanctions

from The Business of Fashion https://ift.tt/3Hbzei1

Brazilian Footwear Giant Arezzo & Co’s Q3 Net Revenues Up 87%

from The Business of Fashion https://ift.tt/3n6Q0a9

Platon, Law Roach, Indya Moore and Vivian Hunt to Speak at VOICES 2021

They join an exciting and inspirational group of speakers at BoF’s Annual Gathering for Big Thinkers to be held from Dec. 1 to 3, 2021. Reserve your spot to join the livestream today. from The Business of Fashion https://ift.tt/3DaxUJN

How to Leverage Livestreaming

A panel of experts discuss the keys to making sales through real-time video streaming, a trend expanding beyond China as new technologies spread around the world. from The Business of Fashion https://ift.tt/30n75DX

Can Asos Make It In America?

Expanding in the US is central to the e-tailer’s ambitions to nearly double sales to $9.4 billion in the next four years. from The Business of Fashion https://ift.tt/3qqllXe

How to Tap into Global Social Media Trends

Linkfluence’s Benjamin Duvall and Digital Luxury Group’s Pablo Mauron share their insights on navigating the rapidly evolving global social media landscape and the strategies that are driving growth. from The Business of Fashion https://ift.tt/3kqb1L7

Christopher John Rogers and Bode Among Honorees at 2021 CFDA Awards

from The Business of Fashion https://ift.tt/30f3Eit

Christopher John Rogers and Bode Among Honorees at 2021 CFDA Awards

from The Business of Fashion https://ift.tt/3C8P09w

Olaplex Sales Up 80 Percent in First Quarterly Earnings

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

Tod’s Q3 Rise Above Pre-Covid Levels

from The Business of Fashion https://ift.tt/3ojt46F

Supreme to Open Store in Berlin

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

Daniel Lee to Leave Bottega Veneta

The British designer reinvigorated sales at the Kering-owned house with his singular brand of pared-back sensuality. from The Business of Fashion https://ift.tt/3EYpLIM

The 15 Percent Pledge to Host Fundraising Gala in February

from The Business of Fashion https://ift.tt/3c1A2aV

Beauty Brands Bet on Kitchen Ingredients

New entrants to the industry are relying on olive oil, coffee, teas and apple cider vinegar to appeal to shoppers. from The Business of Fashion https://ift.tt/3wxQHw1

Dior to Show Men’s Fall Collection in London

from The Business of Fashion https://ift.tt/3D6owXz

Russia’s Yandex to Spend ‘Tens of Millions of Dollars’ on Fashion

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

Asos Details Growth Plans After Last Month’s Shock CEO Departure

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

Adidas Trims 2021 Forecast on Sourcing Disruptions

from The Business of Fashion https://ift.tt/31E5JoE

Department Store Sales Boost Shinsegae’s Q3 Earnings

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

Asos Details Growth Plans After Last Month’s Shock CEO Departure

from The Business of Fashion https://ift.tt/3F0FQxD

Adidas Trims 2021 Forecast on Sourcing Disruptions

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

World’s Top Shoemaker Pou Chen Faces Vietnam Labour Shortage

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

Indian Beauty Start-up Nykaa Shimmers to Near $13 Billion Valuation in Debut

from The Business of Fashion https://ift.tt/3C03nwT

Pierre A. M’Pelé, Also Known as Pam Boy, Named Head of Editorial Content at GQ France

The writer will lead the Paris-based edition of the Condé Nast men’s magazine as part of its new consolidated global structure. from The Business of Fashion https://ift.tt/3F5ierE

Which Luxury Leadership Configuration Works Best?

In luxury fashion, the right configuration of creative and commercial leadership is critical to success, writes Pierre Mallevays. from The Business of Fashion https://ift.tt/3BWawOV

Acne Studios Relaunches Acne Paper Magazine

After a seven-year hiatus, the Swedish label is re-launching its print magazine with founding editor Thomas Persson and a greater focus on politics. from The Business of Fashion https://ift.tt/3mXmFie

Modest Fashion’s Big Asia Opportunity

For a bigger slice of the $277 billion modest fashion market, brands should look beyond the Middle East to dynamic high-growth markets like Indonesia and Malaysia in Southeast Asia. from The Business of Fashion https://ift.tt/3CXZkT4

Retail Reopens in New Zealand’s Biggest City, Luxury Newcomers Ready

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

Poshmark Forecasts Holiday-Quarter Revenue Below Estimates, Shares Plunge

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

New Ferragamo CEO to Start in January, Sales Rise in Q3

from The Business of Fashion https://ift.tt/3mZntD9

YouTube’s Shift to Shopping Destination Starts This Christmas

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

Why Brands Should Stop Obsessing Over Singles’ Day Sales

The Chinese shopping festival still generates billions in annual sales but brands must rethink their approach to the online extravaganza as it undergoes a forced makeover. from The Business of Fashion https://ift.tt/3oaDvtf

Snarled Supply Chains Force Manufacturing Exodus to Balkans, Latin America

Major clothing and shoe companies are moving production to countries closer to their US and European stores. from The Business of Fashion https://ift.tt/305OKuG

Primark Owner Plans Store Expansion After Lockdown Recovery

from The Business of Fashion https://ift.tt/3ob0k07

Xiaohongshu Raises $500 Million in New Funding Round

from The Business of Fashion https://ift.tt/3BYlao4

Primark Owner Plans Store Expansion After Lockdown Recovery

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

India’s Future Retail Takes Reliance Deal Saga to Supreme Court

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

Rapper A$AP Ferg’s Designs on Fashion

The A$AP Mob member is relaunching fashion brand Devoni with concept store Machine-A. from The Business of Fashion https://ift.tt/3EXuESG

Xiaohongshu Raises $500 Million in New Funding Round

from The Business of Fashion https://ift.tt/3F1xciK

Report: Activist Investor Third Point Builds Stake in Richemont

The hedge fund is likely to put pressure on the luxury group’s capital structure and lagging online businesses, as shares trailed sector leader LVMH last year. from The Business of Fashion https://ift.tt/3qn9Gsa

Prestige Beauty Drives Rising Revenue at Coty

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

Tiffany & Co. and Supreme Collaboration Confirmed

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

Fashion Steps Up Climate Commitments

More than 100 companies have upgraded their targets to drastically slash emissions by the end of the decade in an update to the UN Fashion Charter. from The Business of Fashion https://ift.tt/3khgTq6

Report: Activist Investor Third Point Builds Stake in Richemont

from The Business of Fashion https://ift.tt/3BV7tq0

The President and CEO of Diane Von Furstenberg on Building a Career in Fashion

Gabby Hirata shares how she went from an entry-level position in supply chain and production at Ralph Lauren to landing a C-Suite role in less than 10 years. from The Business of Fashion https://ift.tt/3wxwdDJ

Report: Activist Investor Third Point Builds Stake in Richemont

from The Business of Fashion https://ift.tt/3mRqRA4

The Best Jobs on BoF Careers

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from PVH, Maison Margiela and Revolve. from The Business of Fashion https://ift.tt/3mRIAXT

Inside Neiman Marcus’ Post-Bankruptcy Playbook

The luxury department store company plans to win shoppers with redesigned stores, faster shipping and digitised personal shopping. from The Business of Fashion https://ift.tt/3khcfIn

Hill House Home’s Plan to Extend the Nap Dress Trend Beyond Quarantine

The direct-to-consumer brand, which saw its signature style go viral during the pandemic, is expanding its apparel offerings and opening a holiday pop-up. from The Business of Fashion https://ift.tt/31KnGlL

Tatler Asia Unveils New Content Focus, Expansion of E-Commerce

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Tiffany & Co. and Supreme to Collaborate

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Report: Selfridges Held Talks to Spin Out its Online Luxury Websites

Best known for its giant department store on London’s Oxford Street, the luxury destination considered splitting off its e-commerce business from its lucrative property holdings. from The Business of Fashion https://ift.tt/3qjyRfd

Report: Selfridges Held Talks to Spin Out its Online Luxury Websites

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A Reality Check for Fashion Tech?

This week, everyone will be talking about earnings from Warby Parker, Poshmark and others, an unusual Singles Day and the CFDA Awards. from The Business of Fashion https://ift.tt/3qkvtRv

Sinéad Burke: ‘Fashion Has the Power to Change How Society Views People.’

The educator and advocate speaks to Imran Amed about her ongoing quest to make fashion more inclusive, as featured in the third episode of The BoF Show, now streaming on Bloomberg Quicktake. from The Business of Fashion https://ift.tt/3k8GuRM

Unpacking Gucci’s Hollywood Show

While luxury peers have largely returned to traditional fashion weeks, the Italian megabrand landed in Los Angeles this week for an off-schedule extravaganza. from The Business of Fashion https://ift.tt/3GYc3rw

Careers Counsel | 10 Ways to Discuss Weaknesses in Interviews

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/3k8vnbw

Announcing Charles Jeffrey Loverboy, Sweaty Betty and Villa Eugénie

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/3o4N1Oq

World’s Most Expensive Retail Rents Tumble to Decade Low in Hong Kong

Rents in three of the city’s prime shopping areas are near the lowest in more than a decade in the wake of 2019′s anti-government demonstrations and some of the world’s strictest Covid-19 travel restrictions. from The Business of Fashion https://ift.tt/3BOB44x

Canada Goose Beats Quarterly Revenue Estimates on Strong Demand

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Canada Goose Beats Quarterly Revenue Estimates on Strong Demand

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Havaianas Owner Sees Q3 Revenues Surpass Pre-Pandemic Levels

from The Business of Fashion https://ift.tt/3mP3R4Q

Korea’s Economic Recovery Fails to Boost Lotte Shopping Earnings

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Aditya Birla Fashion Swings to Profit in Latest Quarter

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Canada Goose Beats Quarterly Revenue Estimates on Strong Demand

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Global Brands Descend on Shanghai for Import Expo

from The Business of Fashion https://ift.tt/3D34eOV

World’s Most Expensive Retail Rents Tumble to Decade Low in Hong Kong

Rents in three of the city’s prime shopping areas are near the lowest in more than a decade in the wake of 2019′s anti-government demonstrations and some of the world’s strictest Covid-19 travel restrictions. from The Business of Fashion https://ift.tt/3GSVUn1

What Gen-Z Investors Mean for Fashion

Venture capital syndicates and online communities with young investors are changing the landscape for brands and founders. from The Business of Fashion https://ift.tt/3ENEsyp

BoF Live: Gabriela Hearst in Conversation with Tim Blanks

Join BoF’s editor-at-large Tim Blanks in conversation with designer Gabriela Hearst on the evolution of Chloé, sustainability and fashion after Covid-19. from The Business of Fashion https://ift.tt/3BRhwfM

Resale Platform Vopero Raises $7.5 Million From Grupo Axo, ThredUp

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Chanel Hikes Handbag Prices in Run-up to Christmas

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Behind Boy Smells’ Expansion Plans

The gender-neutral candle and fragrance maker will open its first pop-up this week, with its sights set on permanent stores, as well as product expansion and international growth. from The Business of Fashion https://ift.tt/3GQmDka

Fifteen Percent Pledge Launches Database of Brands Backed by Google

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Boohoo Agrees Preliminary Terms to Settle US Class Action Lawsuit

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Russia’s OR Group Sees Revenues Fall 9% for First Three Quarters of 2021

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UK’s Superdry Faces Weeks-Long Supply Delays at Wholesale Business

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Amina Muaddi Among Winners at Fashion Trust Arabia 2021 Prize

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Fashion Brands’ Diwali Campaigns Attract Controversy in India

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New Hugo Boss CEO Overhauls Top Team to Revive Brand

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Diwali Campaigns Attract Controversy in Run-up to Indian Festival

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Machine-A Partners With Byronesque to Launch Vintage

The London-based concept store will stock a selection of e-commerce site Byronesque’s hard-to-come-by vintage pieces. from The Business of Fashion https://ift.tt/3k4zENe

Allbirds Won Over Investors. Now What?

The sustainable sneaker company saw shares soar in its debut, but the brand needs to find customers outside its loyal base – and turn a profit while doing it. from The Business of Fashion https://ift.tt/3wgrMx9

Can Fashion Compete with Tech for Executive Talent?

The tech industry is scooping up fashion executives by offering benefits and career boosts that many fashion companies can’t provide — BoF unpacks what brands can do to attract and retain top talent. from The Business of Fashion https://ift.tt/3EK5fMc

Can Schiaparelli Commercialise Its Couture Revival?

American designer Daniel Roseberry has put Schiaparelli back in the spotlight. A corner at Bergdorf Goodman and a series of pop-up shops at Dover Street Market are the latest signs the brand is finally ready to grow distribution beyond its Paris couture salons. from The Business of Fashion https://ift.tt/3EGOwcv

Unpacking Nike’s New Partnership with Dick’s Sporting Goods

The sports and fitness retailer, which saw sales soar since the start of the pandemic, is one of Nike’s most important retailers in its direct-to-consumer focused era. from The Business of Fashion https://ift.tt/3mFPOOD

Boy Smells Opens Its First Pop-up as It Eyes Category Expansion

The gender-neutral candle and fragrance maker will open its first pop-up this week, with its sights set on permanent stores, as well as product expansion and international growth. from The Business of Fashion https://ift.tt/2ZOfGj2

Fifteen Percent Pledge Launches Database of Brands Backed by Google

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

Lockdowns Hit Harrods’ Bottom Line

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Capri Holdings Waves off Cost Fears With Profit Forecast Raise

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

How Beauty Brands Can Navigate Rising Google Ad Costs

It’s more expensive than ever for beauty brands to advertise on Google, as competition in the digital ad space for the category heats up. Here’s how brands can adapt. from The Business of Fashion https://ift.tt/2ZORNI6

Exclusive: Boy Smells Opens Its First Pop-up as It Eyes Category Expansion

The gender-neutral candle and fragrance maker will open its first pop-up this week, with its sights set on permanent stores, as well as product expansion and international growth. from The Business of Fashion https://ift.tt/3w9jbfz

Report: 88% of China’s Luxury Growth Driven By New Consumers

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Sneaker Brand Allbirds Tops IPO Goal to Raise $303 Million

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Next’s Online Strength Drives 17% Sales Rise in Latest Quarter

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Online Fashion Retailer Zalando’s Profit Falls as In-Store Sales Rebound

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Nike to Increase Vietnam Investments as Production Ramps Up

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

The Opportunity in Digital Fashion and Avatars Report — BoF Insights

Read the latest BoF Insights report to get BoF’s perspective on the rise of the metaverse and the future of digital assets, plus a playbook for how to develop a data-driven strategy. from The Business of Fashion https://ift.tt/3BHIiqK

Nature Is Fashion’s Next Frontier in Climate Battle

The industry’s contribution to deforestation and biodiversity loss is coming into focus as efforts to tackle global warming look beyond emissions. (This article is open to non-subscribers) from The Business of Fashion https://ift.tt/2ZXRkmG

American Eagle Outfitters Acquires Quiet Logistics in $350 Million Deal

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China’s Energy Crisis Adds to Fashion’s Supply Chain Woes

Blackouts and power shortages at Chinese factories are adding to the growing list of supply chain challenges facing the global fashion industry. from The Business of Fashion https://ift.tt/3mB8Tl1

Ralph Lauren Expands Market Share in Its Latest Quarter

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Glossier Names New CFO, CCO

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

Estée Lauder Cuts Annual Sales Forecast

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

Athletic Wear Demand Drives Under Armour’s Forecasts Raise, Shares Jump

from The Business of Fashion https://ift.tt/3GJ6TPH

Nike Files for ‘Virtual Goods’ Trademarks in Shoes, Apparel

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

Tencent to Acquire Stake in Japanese Media Firm Kadokawa

from The Business of Fashion https://ift.tt/3EFOS2S

Shenzhen Fashion Week Bets on Tech Prowess to Lure Brands

from The Business of Fashion https://ift.tt/31dbrxw

Finding Fashion Consumers Beyond Instagram

Once considered fringe, platforms like Reddit, Discord and Twitch are attracting the attention of digital marketers aiming to diversify their channel mix away from Instagram. from The Business of Fashion https://ift.tt/3GGMr26

Chanel, Dior Entice Gulf Clients to Shop Locally

Major luxury brands are making a splash this week in Dubai and Doha in a bid to excite locals who were restrained from shopping abroad during the pandemic. from The Business of Fashion https://ift.tt/3BwrGT3

How to Reach Climate-Conscious Consumers

Customers whose fears about climate change are driving their spending habits need more than sustainability pledges and green marketing to earn their loyalty. from The Business of Fashion https://ift.tt/2ZEK4Ma

New Talent in Focus at South African Fashion Week

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Matchesfashion Suffers $50M Loss Over Pandemic Period

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New Talent in Focus at South African Fashion Week

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

Lagos Fashion Week Announces Relief Grant for Nigerian Brands

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Barbie, Moschino and Formal Gowns Star at Arab Fashion Week

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

Pandora’s Disappointing In-Store Sales Take Shine off Outlook Upgrade

from The Business of Fashion https://ift.tt/3nPit38

From Splurge to ‘Common Prosperity’: Alibaba Tones Down Singles Day

from The Business of Fashion https://ift.tt/3bwmO5y

The Biggest Mistakes Luxury Brands Make in China

China is the world’s most important luxury market, but key business decisions concerning the country are still taken by Western executives based in Europe, resulting in common and costly mistakes, argue Luca Solca and Jasmine Zhu. from The Business of Fashion https://ift.tt/3jPtq3J

What Fashion Needs to Know About COP26

The UN Climate Change Conference kicked off Sunday. With two weeks of crucial negotiations about to take place, here’s a primer for the fashion industry. from The Business of Fashion https://ift.tt/3BzZEps

The Best Jobs on BoF Careers

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from Saint Laurent, Tapestry and Charles Jeffrey Loverboy. from The Business of Fashion https://ift.tt/3CC1GGY

Fashion Tees Up New Commitments at UN Climate Talks

This week, everyone will be talking about the COP26 climate talks in Glasgow, new leadership at Capri Holdings and Chanel’s show in Dubai. from The Business of Fashion https://ift.tt/2ZBLWFB

Samira Nasr: ‘Real Inclusion Means Anyone Can Follow Their Dreams’

The editor-in-chief of Harper’s Bazaar speaks to Imran Amed about how she is using her position of influence to elevate marginalised voices, as featured in the third episode of The BoF Show, now streaming on Bloomberg Quicktake. from The Business of Fashion https://ift.tt/3CvaIp9

Facebook’s Vision for Fashion in the Metaverse

While announcing Facebook’s rebrand as Meta, Mark Zuckerberg offered his vision of the metaverse — and how we’ll dress in it. from The Business of Fashion https://ift.tt/312Y1Ef

Rent the Runway’s Uphill Battle

This week, shares in the loss-making rental platform fell on their first day of trading. Can the platform convince enough women to try rental fast enough to please investors? from The Business of Fashion https://ift.tt/3GzY8r5

Samira Nasr: “Real Inclusion Means Anyone Can Follow Their Dreams”

Harper’s Bazaar editor-in-chief speaks to Imran Amed about how she is using her position of influence to elevate marginalised voices, as featured in the third episode of The BoF Show, now streaming on Bloomberg Quicktake. from The Business of Fashion https://ift.tt/2XVK89J

Careers Counsel | 5 Ways to Become a Top Performer at Any Company

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/3mqIma3

Announcing Otrium, Filippa K and Nss Factory

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/2ZDYYT2

SMCP Could Soon Have a New Owner

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SMCP Could Soon Have a New Owner

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

Facebook’s New Name Draws Critics, But at Least It’s Not Tronc

The company has rebranded as Meta amid controversy over the social network that previously defined its corporate identity. from The Business of Fashion https://ift.tt/3pIURjs

Brazilian Fashion Industry Gathers to Plot Post-Pandemic Recovery

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

Skechers Said to Mull Options Including IPO for Asia Business

from The Business of Fashion https://ift.tt/3bk8QDZ

Introducing ‘The BoF Show with Imran Amed’ Streaming on Bloomberg Quicktake

The show, which premieres on Thursday, Sept. 30, documents how the $2.5 trillion dollar fashion industry is emerging from global lockdowns. from The Business of Fashion https://ift.tt/3zREJNL

Belonging: The Business Case for Diversity in Fashion

How a business built on exclusivity and keeping people out can let more people in. from The Business of Fashion https://ift.tt/3DjeFxw

How to Make E-Commerce More Accessible

Retailers miss out on millions of potential customers when they don’t design websites to be accessible to shoppers who use assistive technologies or rely on a keyboard to navigate online. from The Business of Fashion https://ift.tt/2ZC4Yvy

How to Leverage Livestreaming

In this exclusive online event for BoF Professional members, please join NTWRK’s Moksha Fitzgibbons and Mark Yuan of And Luxe in discussion with and BoF’s Zoe Suen, author of a recent case study on the topic, and Brian Baskin as they examine both the risks and rewards of livestreaming. from The Business of Fashion https://ift.tt/3nGSHOy

Power Moves | Luisa Via Roma’s New Chief Executive, i-D Names Global Editorial Director

The Italian e-commerce firm named Yoox Net-a-Porter Group vet Alessandra Rossi chief executive officer, while British Vogue’s Olivia Singer will join i-D. from The Business of Fashion https://ift.tt/3BoloF0

Moncler Sales Grow Above Analysts Expectation in the Third Quarter

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

Resale Sites Bulk Up to Capitalise on Booming Sales

Second-hand clothing players are fighting to snap up smaller rivals and lock in investment as demand surges. from The Business of Fashion https://ift.tt/3pMNJTk

Shopify Results Miss Estimates as Pandemic Boom Ebbs

from The Business of Fashion https://ift.tt/3vV1PCV

LVMH Swaps in Dior’s Damien Bertrand to Lead Loro Piana

The managing director at Christian Dior Couture will take over as CEO of Italy’s Loro Piana, replacing former Luxottica executive Fabio d’Angelantonio. from The Business of Fashion https://ift.tt/3BoSEMj

AliExpress Russia Acquires Majority Stake in KazanExpress Marketplace

from The Business of Fashion https://ift.tt/3CnAw6R

Eco-Friendly Washable Shoe Brand Rothy’s Seeks Fresh Funding

from The Business of Fashion https://ift.tt/3vV08VX

Polish Footwear Giant CCC Group Reports Q2 Revenue of $505 Million

from The Business of Fashion https://ift.tt/3mhQ06B

Global Advertising Giant WPP Upgrades Outlook Again

from The Business of Fashion https://ift.tt/3BtCGk8

China’s Li Ning Plans $1.4 Billion Share Sale for International Expansion

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

Report: India’s Nykaa IPO Heavily Oversubscribed by Anchor Investors

from The Business of Fashion https://ift.tt/319kGiq

The Future of Virtual Fashion

A panel of experts join BoF to discuss how fashion fits into the nuanced worlds of NFTs, the metaverse, crypto and gaming. from The Business of Fashion https://ift.tt/3Cp3cw2

Unpacking Rent the Runway’s IPO

The rental platform may have recovered its unicorn status on the public market, but critics say it has yet to find a viable path to profitability. from The Business of Fashion https://ift.tt/3mjFyvk

Abercrombie & Fitch’s Brand Reinvention — Download the Case Study

Once a staple among American teens, the retailer faltered in the 2010s after failing to keep pace with shifting consumer preferences. But through a strategy rooted in customer centrism, a revamped product offering and changes to the internal structure of the company, the brand’s turnaround is taking hold. from The Business of Fashion https://ift.tt/3CmBxfl

Why Grailed Is Shuttering Its Women’s Site

The resale player, in which Goat is a lead investor, announced plans to close its Heroine offshoot this week. from The Business of Fashion https://ift.tt/3BhujYx

BoF and Shopify Host Retail Forum Exploring Wholesale’s New Power Dynamics

Industry leaders gathered to posit the future of wholesale and the growth opportunities found in adapting and innovating the existing system. from The Business of Fashion https://ift.tt/3vU1sIF

US Holiday Sales to Rise as Much as 10.5%, Hit Record Levels

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

GQ’s Adam Baidawi Named Head of Editorial Content in the UK

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

Can Beauty Ingredients Be Brewed Like Beer?

Arcaea, a beauty company that launches today with a $78 million funding round, not only says yes, but also wants to enable the entire industry to do so, too. from The Business of Fashion https://ift.tt/2ZzgXKv

Puma Lifts Forecast as Demand for Shoes Offsets Supply Snags

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

Giorgio Armani Hosts ‘One Night Only’ Event in Dubai

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

Singapore’s Love, Bonito Raises $50 Million in New Funding Round

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

Behind Fashion’s Toys Tie-Ups

From buzzy DTC brands to Gucci, fashion labels are collaborating with beloved toy makers to tap into the marketing power of nostalgia. from The Business of Fashion https://ift.tt/3EjNnHM

Luxury Running Brand Satisfy Raises Series A

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

Olivia Singer Joins i-D as Global Editorial Director

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

Has Fashion Retail Reached Peak Minimalism?

More brands are leaning into maximalist retail design in a quest for differentiation and social media-friendly interiors. from The Business of Fashion https://ift.tt/2ZshgpV

Giorgio Armani Hosts ‘One Night Only’ Event in Dubai

from The Business of Fashion https://ift.tt/3nqp5VC

Condé Nast Confirms Vogue Paris Name Change

from The Business of Fashion https://ift.tt/3b9Nd9k

Partners Group Buys Stake in Swiss Watchmaker Breitling

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

What’s Next for Lanvin Group?

The Chinese firm that owns Lanvin, Sergio Rossi, St. John Knits and Wolford could be eyeing an IPO after recently rebranding as Lanvin Group. from The Business of Fashion https://ift.tt/3vNQBzW

IKEA Buys Former Topshop Store in London’s Oxford Circus for £378 Million

from The Business of Fashion https://ift.tt/3vMT2TJ

Fashion Week Russia Sneaks In Physical Shows Ahead of Lockdown

from The Business of Fashion https://ift.tt/3pE3Nq4

Brazilian Mall Giant Iguatemi Names Cristina Betts CEO

from The Business of Fashion https://ift.tt/3GkX8qX

Cudoni Hires Former The RealReal Retail Lead as Chief Commercial Officer

from The Business of Fashion https://ift.tt/2XLoSU5

Making Fashion’s Marketing Machine Sustainable

Brands and production companies are testing new tools designed to help reduce the environmental impact of runway shows, photo shoots and other marketing activities. from The Business of Fashion https://ift.tt/3EwgJCX