Fashion World News

The designer and former Spice Girl speaks at BoF VOICES 2022 about gaining strength from criticism and staying focused and resilient amid constant media scrutiny. from Business of Fashion https://ift.tt/aAfFPkj

Superdry Positive on Second Half as Jacket Sales Surge to Record

Britain’s Superdry on Thursday signalled a strong start to the second half as online jacket sales hit a record high amid the Black Friday shopping spree and a recent spell of colder weather, sending its shares about 17 percent higher. from Business of Fashion https://ift.tt/3mLoQkM

What Fashion Retail Professionals Need to Know Today

BoF Careers provides essential sector insights for fashion professionals in retail this month, to help you decode fashion’s retail landscape. from Business of Fashion https://ift.tt/zRbvcWO

Amazon May Be Responsible for Allowing Louboutin Knock-off Ads, EU Court Says

In its ruling on Thursday, the EU court said the world’s biggest online retailer Amazon, as an online sales platform, may be considered responsible for the intellectual property breaches involved in the advertisements of counterfeit products that feature Louboutin’s trademarked red sole. from Business of Fashion https://ift.tt/PJze4EQ

Why Even Luxury Brands Can’t Quit Discounting

After avoiding markdowns for much of the last two years, many brands returned to their old ways this holiday season. Are discounts a necessary evil? from Business of Fashion https://ift.tt/y2nkj3X

Why Even Luxury Brands Can’t Quit Discounting

- December 21, 2022

After avoiding markdowns for much of the last two years, many brands returned to their old ways this holiday season. Are discounts a necessary evil? from Business of Fashion https://ift.tt/Nk9Oa0v

The Debrief | Fashion CEOs Explain Why This Downturn Is Different

- December 21, 2022

Much has changed about the world since the last recession — meaning, fashion’s reaction will shift this time around, explains BoF’s workplace and talent correspondent Sheena Butler Young. from Business of Fashion https://ift.tt/Pfpi2RK

How Kim Kardashian Changed Beauty – Again

- December 21, 2022

Kim Kardashian may have launched her beauty brand, SKKN by Kim, with a collection of nine skin care products this year, but her impact on the beauty world came from just about everything else. from Business of Fashion https://ift.tt/ycpB6HS

Why Sequins and Platform Heels Are Here to Stay

The resurgence of occasion wear initially signalled a desire for pandemic escapism, but designers and buyers say the strength of the category will remain strong well into 2023. from Business of Fashion https://ift.tt/DrYALzK

Nike Reports Strong Revenue; Shares Surge

Nike Inc. reported its best quarterly revenue growth in over a decade barring one quarter and handily beat profit expectations as North American shoppers rushed to stock up on sneakers and sportswear before the holidays. from Business of Fashion https://ift.tt/Fxp5qMU

Nike Reports Strong Revenue; Shares Surge

Moncler Genius to Relaunch With London Showcase in 2023

Moncler will host a live showcase on Feb. 20, 2023 in London during fashion week. Collaborators are yet to be announced. from Business of Fashion https://ift.tt/QhoJNjq

Christine Centenera Appointed Editor-In-Chief of Vogue Australia

The renowned stylist and current fashion director of Vogue Australia, will replace Edwina McCann in the publication’s top job. from Business of Fashion https://ift.tt/C17bKoJ

Swiss Watch Exports Jump to Record High on US and Qatari Demand But China Slumps

Shipments rose 10.9 percent to a monthly record of 2.4 billion francs ($2.6 billion) last month, the Federation of the Swiss Watch Industry said Thursday. from Business of Fashion https://ift.tt/qbEKHwu

The Year Ahead: Can New Production Models Help Fashion Overcome Supply Chain Woes?

As supply chains remain under pressure, garment manufacturers have an opportunity to lean into vertical integration, nearshoring and small-batch production, while seeking closer upstream and downstream collaboration, according to The State of Fashion 2023. from Business of Fashion https://ift.tt/SzJo7hs

Revlon’s Bankruptcy Plan Would Wipe Out Stockholders, Hand Ownership to Lenders

Ronald Perelman’s Revlon Inc. will likely pursue a debt restructuring that hands ownership of the company to lenders and wipes out stockholders, according to an agreement between the bankrupt cosmetics giant and two key creditor groups. from Business of Fashion https://ift.tt/4czCVon

Tesco Facing Legal Claim Over Worker Conditions at Thai Clothing Factory

The UK's biggest retailer is facing legal action from a group of migrant workers from Myanmar, alleging dire working conditions at a Thai factory which made clothes for the group’s F&F range. from Business of Fashion https://ift.tt/NCtaMrf

Fendi Goes Back to School to Save Centuries of Italian Tradition

The LVMH-owned brand is looking for ways to entice more young people to train in luxury craft. from Business of Fashion https://ift.tt/24BGV7u

Carol’s Daughter Was an Early Mover in the Black Haircare Market. Now It’s Going After a New Generation.

- December 18, 2022

The L’Oréal-owned textured haircare brand, which turns 30 next year, is undergoing a brand turnaround, betting European expansion and a diffusion line catered to Gen-Z will help boost sales in the face of growing competition. from Business of Fashion https://ift.tt/LgnDZi5

For Nike, Is the Worst Over?

- December 18, 2022

The activewear giant has struggled this year with inventory problems and a slowdown in China. Its results this week may show it’s turned a corner. That, plus what else to watch for in the coming days. from Business of Fashion https://ift.tt/1OQ3Hfl

LVMH to Build New Workshop Making Louis Vuitton Bags in Italy

LVMH, the world’s largest luxury goods group, plans a new factory in Italy producing Louis Vuitton bags and other leather accessories, the Tuscany region said on Friday. from Business of Fashion https://ift.tt/QWTt5Cj

India’s Textile Industry Faces Tough Times as Consumers Cut Spending

India’s $200 billion textile and apparel industry is facing a crisis as consumers in the United States, Europe and other big markets have cut spending on clothing following a surge in inflation after the war in Ukraine, industry officials said. from Business of Fashion https://ift.tt/jeWBvkw

The BoF Podcast | The Fight for Ukraine: Where It Stands and Why It Matters

CNN chief international correspondent Clarissa Ward spoke at BoF VOICES 2022 about victory and grief in the crisis, and what the international community must do to stand with the Ukrainian people. from Business of Fashion https://ift.tt/haMTG3E

What Will China’s Looser Covid Restrictions Mean for Fashion?

This week, China rolled back some strict zero-Covid measures, opening a road to recovery for luxury and retail. But the journey is likely to be long and bumpy, experts warn. from Business of Fashion https://ift.tt/mVZF0Hy

Can Fashion Be ‘Nature-Positive’?

As COP15 puts biodiversity in the spotlight, fashion companies from H&M to Kering are re-upping their commitments to protecting and restoring nature. But tackling the issue in earnest will require industry-wide reform. from Business of Fashion https://ift.tt/GMquAZ1

The Best Jobs on BoF Careers

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from Zalando, Ralph Lauren and Vetements. from Business of Fashion https://ift.tt/14TowUA

What Fashion’s Creative Talent Needs to Know Today

BoF Careers provides essential sector insights for fashion creatives this month, to help you decode fashion’s creative landscape. from Business of Fashion https://ift.tt/9kYBiho

The Year Ahead: Gender-Fluid Fashion Hits the High Street

Gender-fluid fashion will gain greater traction in mainstream markets as brands and retailers reflect changing consumer attitudes towards gender, propelled by Gen-Z. Shifts will materialise in product design and marketing along with in-store and online shopping. from Business of Fashion https://ift.tt/48orXdg

Sacai, Moncler and the Future Tense

Sacai designer Chitose Abe sees her small but perfect collaboration with Moncler as an intellectual exercise that reflects on the distant future of Remo Ruffini’s skiwear behemoth, writes Tim Blanks. from Business of Fashion https://ift.tt/vtZRXPw

US Retail Sales Drop Most in 11 Months, Missing Estimates

US retail sales fell in November by the most in nearly a year, reflecting softness in a range of categories that suggest some easing in Americans’ demand for merchandise. from Business of Fashion https://ift.tt/pJzHMNi

Lanvin Group Raises $150 Million in Public Debut

As the Chinese-owned luxury group raises fresh funds to fuel a turnaround, it’s contending with a cooling luxury market and a playing field dominated by much larger rivals. from Business of Fashion https://ift.tt/flVm6G7

How Jacquemus Makes It Rain (Not Just Raffia)

As raffia fell from the ceiling, Simon Porte Jacquemus’ Monday show offered a fresh glimpse into the buzzy French label that’s harnessed a charismatic founder, clear brand identity and business model tailored to social media to generate €200 million in revenue this year. from Business of Fashion https://ift.tt/q08PSRi

H&M Shares Drop as Sept-Nov Sales Fail to Impress

H&M last month became the first big European retailer to lay off staff in response to the cost-of-living crisis as it tries to save 2 billion Swedish crowns ($196 million) a year. from Business of Fashion https://ift.tt/wc02TJS

Why a Gen-Z Beauty Brand Is Selling Anti-Aging Products

Skin and hair care line SpoiledChild, which shares a parent company with Il Makiage, has the look of a brand targeting teens but a price point and products that seem intended for an older audience. Is it possible to straddle both worlds? from Business of Fashion https://ift.tt/xfSDHFK

Arezzo & Co.’s Plans to Become a Global Accessories Conglomerate

The Brazilian footwear giant’s business model led it to quintuple in size in just 10 years to reach nearly $600 million. Now, it plans to acquire high-potential international SMEs and provide them with the infrastructure and insight to scale internationally. from Business of Fashion https://ift.tt/d9hKpXO

The Debrief | Is ‘Vegan Leather’ Better?

A number of products made from leather alternatives have begun to hit store shelves. BoF’s chief sustainability correspondent Sarah Kent unpacks why it’s so hard to market — and scale — these new products. from Business of Fashion https://ift.tt/lQcokt2

Negri Firman PR & Communication Expands With London, LA Offices

The Milan-based luxury communications firm has expanded its global presence, opening new outposts in London in the UK and Los Angeles in the US alongside its New York and Milan offices. from Business of Fashion https://ift.tt/aUjQSrL

Olaplex’s ‘Broke My Hair’ Problem Is a TikTok Cautionary Tale

The hair-care brand pitched investors on social media buzz, but it’s now being plagued by online complaints. The company says its products are safe and effective. from Business of Fashion https://ift.tt/bTKSqXG

Why a Gen-Z Beauty Brand Is Selling Anti-Aging Products

The Stockholm Fragrance Start-Up Smart Money Is Betting On

- December 13, 2022

Haisam Mohammed, a son of Eritrean refugees, has turned the aromas wafting through the stairwells of Sweden’s high-rises into a perfume business now backed by Frame co-founder Erik Torstensson. from Business of Fashion https://ift.tt/gRfFY3U

Confirmed: Prada Names Gianfranco D’Attis New Brand CEO

- December 13, 2022

Prada Group has hired Gianfranco D’Attis, most recently Americas president at LVMH’s Christian Dior, to lead its flagship Prada brand. from Business of Fashion https://ift.tt/TFPi3Np

How Brands Find Customers in New Markets

- December 13, 2022

Trunk shows, niche newsletters and old fashioned word of mouth are creative ways to reach your target audience without relying on traditional advertising. from Business of Fashion https://ift.tt/kvGxLpq

Making Augmented Reality Work for Fashion

At VOICES 2022, BoF and Snapchat hosted a conversation between fashion leaders and innovative thinkers on how brands can utilise augmented reality to increase acquisition and deepen relationships with consumers. from Business of Fashion https://ift.tt/thYaskJ

How Jacquemus Makes It Rain (Not Just Raffia)

As raffia fell from the ceiling, Simon Porte Jacquemus’ Monday show offered a fresh glimpse into the buzzy French label that’s harnessed a charismatic founder, increasingly defined brand identity and business model tailored to social media to generate €200 million in revenue this year. from Business of Fashion https://ift.tt/bqhLDr8

Kering, L’Occitane Group Launch €300 Million Nature Fund

The Climate Fund for Nature, a new investment scheme, is aiming to raise €300 million ($317 million) of funding commitments from luxury fashion and beauty companies to invest in nature conservation and restoration initiatives, largely in the countries from which the companies source their raw materials. from Business of Fashion https://ift.tt/v1NlYDT

Naomi Campbell on Cultivating Inclusivity

Naomi Campbell is teaching a MasterClass on modelling fundamentals for the streaming platform. The lessons will focus on basics like how to pose and develop a signature walk but will also delve into her journey as Black model with many firsts. from Business of Fashion https://ift.tt/ZRwXdWB

Antoine Arnault Becomes CEO of LVMH Holding Company

Christian Dior SE, the holding company through which French billionaire Bernard Arnault and his family control luxury goods conglomerate LVMH, has named Antoine Arnault its CEO and vice-chairman. from Business of Fashion https://ift.tt/cZsajie

Can the Right Accessory Take Crypto Mainstream?

Ledger, a maker of hardware wallets for crypto and digital assets, has teamed with the creator of the iPod for a new product it believes could make the technology more desirable to consumers. from Business of Fashion https://ift.tt/Fc4p58e

Nike’s Jordan Brand to Open First Flagship in Milan

Nike’s Jordan brand, created in collaboration with NBA All-Star Michael Jordan, is set to open its first dedicated retail flagship in Milan later this month. from Business of Fashion https://ift.tt/4WBeXGn

Why Prada Is Hiring a New CEO

Patrizio Bertelli and Miuccia Prada are stepping down as the group’s co-CEOs, passing the reins to former Luxottica chief Andrea Guerra and hiring a new leader for their flagship Prada brand. from Business of Fashion https://ift.tt/efcWMZA

What Fashion Marketing Professionals Need to Know Today

- December 11, 2022

BoF Careers provides essential sector insights for fashion professionals in marketing this month, to help you decode fashion’s marketing landscape. from Business of Fashion https://ift.tt/amzc8D9

Asos Holds Talks With Lenders on Adding Restructuring Expert

- December 11, 2022

Struggling online fashion retailer Asos Plc and its lenders are discussing whether to hire a restructuring expert following the departure of its chief financial officer. from Business of Fashion https://ift.tt/AdkHmpn

Why Lanvin Group Probably Won’t End Fashion’s IPO Drought

- December 11, 2022

The owner of Lanvin, Sergio Rossi and other brands is the first fashion company to list on a US exchange in a year. But the tough economy and investor skepticism about money-losing start-ups is likely to keep others from following suit. from Business of Fashion https://ift.tt/dTZURIm

The Best Jobs on BoF Careers

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from Tapestry, Giorgio Armani and JW Anderson. from Business of Fashion https://ift.tt/Ce6oHSh

How Hedi Slimane Doubled Celine Sales

The brand, which has surpassed €2 billion in annual revenue, celebrated its momentum with a fashion show-meets-concert in Los Angeles, where the biggest rock star was arguably the designer. from Business of Fashion https://ift.tt/c0XElPo

What Will China’s Looser Covid Restrictions Mean for Fashion?

Announcing Silvia Tcherassi and Heliot Emil

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/2RyBChf

How Big Beauty Is Plotting a Recovery in China

Despite disappointing Singles Day sales results, harsh Zero Covid restrictions and supply chain woes, international beauty conglomerates continue to see China as a growth engine. from Business of Fashion https://ift.tt/SCW5sTe

The World Cup’s Other Labour Rights Issue: Sportswear

The global football event has brought added scrutiny to labour practices — not just in host country Qatar’s construction sector but also in the Asian garment factories that make the tournament’s official merch. from Business of Fashion https://ift.tt/0thE8qT

FedEx’s ShopRunner is an expedited shipping service offering retailers access to its software ecosystem and consumer insights to streamline their backend pain points. Now, BoF shares insight on how retailers can utilise operational data to optimise customer experience. from Business of Fashion https://ift.tt/mV8nJWA

Amazon Is Launching TikTok-Style Feed in Bet on Social Commerce

- December 08, 2022

The world’s largest e-commerce company on Thursday said the new feature, called Inspire, will roll out to select US customers in early December and go national in the next few months. from Business of Fashion https://ift.tt/KMuzALs

The Technology Everyone at VOICES Was Talking About (And It Wasn’t the Metaverse)

- December 08, 2022

The tech likely to have the biggest impact on fashion in the immediate future isn’t virtual reality or NFTs. from Business of Fashion https://ift.tt/RvA1H3j

Frasers Defies Retail Gloom as Profit Rises

- December 08, 2022

British sportswear and clothing retailer Frasers stuck to its financial guidance for 2022-23 after reporting a 39 percent rise in first-half profit that reflected the success of its drive to take the group upmarket. from Business of Fashion https://ift.tt/6nf0UK8

Allbirds: New Direct-to-Consumer Playbook

Today, running an online business requires more than just a Shopify storefront and ads on social media, explains Allbirds co-founder and co-CEO in an interview for The State of Fashion 2023. from Business of Fashion https://ift.tt/qnbdKZA

Express, Gap Stores Glutted With Prior Seasons’ Goods

Clothing retailers such as Express and Gap that stashed away mountains of unsold basics during the coronavirus pandemic now are slashing prices on clearance merchandise in a last-ditch effort to clear clothing racks. from Business of Fashion https://ift.tt/odNr985

The Debrief | How The Frankie Shop Became Instagram’s Favourite Fashion Brand

In the past decade, the independent label has grown from downtown storefront to indie force with $40 million in net sales so far this year. BoF contributor M.C. Nanda breaks down how founder Gaëlle Drevet did it. from Business of Fashion https://ift.tt/6Pl9qbs

The Problem With Beauty Incubators

With two high profile lawsuits pending against leading beauty incubators — Morphe and Maesa — the industry’s business model of the moment is starting to show cracks. from Business of Fashion https://ift.tt/NodhlrT

System Magazine Launches New Bi-Annual Beauty Publication

The beauty push is part of a broader strategy by publishing director Mike Obenson to transform the fashion print product into a broader media brand proposition. from Business of Fashion https://ift.tt/5vW07Mk

Chanel’s Lagerfeld-Era Image Director Éric Pfrunder Dies at 74

Éric Pfrunder, a close associate of Karl Lagerfeld who helped shape Chanel’s image for decades, has died “following a long illness,” the brand said. from Business of Fashion https://ift.tt/7QgkhIX

How Shopify Is Empowering Entrepreneurs Through Technology

Over the past year, Shopify and BoF brought together fashion industry leaders to discuss their learnings, opportunities and challenges they face in a series of roundtables. Now, BoF shares the most actionable insights that emerged with its community. from Business of Fashion https://ift.tt/n89wghp

Cucinelli Sees 28% Sales Growth This Year, Strong Demand in 2023

The group, best known for its everyday cashmere outfits, now expects its revenues to grow around 28 percent in 2022 from a previous forecast of around 25 percent made in October. from Business of Fashion https://ift.tt/Q9vUCji

Fragrance Industry Is a Luxury Standout as Demand Keeps Roaring

Global sales of high-end fragrances began to pick up during the pandemic and have been gathering steam during the past year. from Business of Fashion https://ift.tt/73M1Och

Can the Right Accessory Take Crypto Mainstream?

Resale Platform Archive Raises $15 Million Series A Round

The software company powers resale for brands including Oscar de la Renta, Sandro and The North Face, among others. from Business of Fashion https://ift.tt/6Otskuw

Nike’s Jordan Brand to Open First Flagship in Milan

Pierpaolo Piccioli, Grace Wales Bonner, Bella Hadid and Burberry Among 2022 Fashion Award Winners

The star-studded annual ceremony recognised a mix of established talent and rising stars, while also paying tribute to the late Queen Elizabeth II. from Business of Fashion https://ift.tt/lxpKQcF

Shein to Spend $15 Million on Factories After Labor Abuse Claims

Fast-fashion giant Shein will spend $15 million upgrading hundreds of factories after an investigation found that two of its suppliers’ warehouses are flaunting local working-hour regulations. from Business of Fashion https://ift.tt/b91c5FE

Nike Ends Relationship With Kyrie Irving

Nike initially suspended Irving on Nov. 4 after the NBA player shared a link to film with anti-semitic views and initially refused to apologise for his actions. from Business of Fashion https://ift.tt/qdurF3i

Vans Sneaker Maker VF Corp Says CEO to Retire, Names Dorer as Interim Chief

VF Corp on Monday announced chief executive Steve Rendle’s retirement and named its lead independent director Benno Dorer as interim chief executive effective immediately. from Business of Fashion https://ift.tt/tsMvm5X

BoF LIVE | The State of Fashion 2023

Please join us on Wednesday, 14 December at 15:00 GMT for a special #BoFLIVE, as BoF’s Imran Amed and McKinsey’s Achim Berg unpack the key findings of this year’s report. from Business of Fashion https://ift.tt/jwF7ztR

The World’s Fragile State and What It Means for Fashion

- December 04, 2022

The global economy is in a fragile state. Geopolitical tensions, inflation and the climate crisis are heightening uncertainty and volatility — and weighing on consumer confidence. For fashion leaders, navigating this will require sharpened strategies. from Business of Fashion https://ift.tt/TnWDpvO

Los Angeles, the Fifth Fashion City?

- December 04, 2022

Celine is the latest brand to show a collection there, further cementing Southern California’s status as a regular stop on luxury’s global circuit. That, plus what else to watch for this week. from Business of Fashion https://ift.tt/Ltw9yMo

Fashion’s Age of Self-Regulation Is Over

- December 02, 2022

The idea that businesses will willingly sacrifice profit to reduce pollution and improve labour conditions is a “convenient fantasy.” But beefing up government oversight is a messy and slow process. from Business of Fashion https://ift.tt/KVSTM4q

BoF Wraps Up VOICES 2022 With Celebratory Gala

- December 02, 2022

After three days of inspiring talks, guests closed out BoF’s gathering for big thinkers with a party inspired by the underground art scene parties of 1960s New York. from Business of Fashion https://ift.tt/pLXHI1Y

Asos Continues With Finance Chief Search, Interim CFO to Leave

- December 02, 2022

Asos has led the charge to the shift in online retailing in Britain over the last decade but lately its growth has stalled, and new chief executive José Antonio Ramos Calamonte, who took the helm in June, is trying to revive profits from Business of Fashion https://ift.tt/mn7V1Lx

Unpacking the Amazon Ads Opportunity for Fashion

BoF sits down with Tanner Elton, Amazon VP of US Advertising Sales, to discover how fashion brands can effectively market with Amazon Ads. from Business of Fashion https://ift.tt/aAS0DId

BoF VOICES 2022: Live Your Best Life

In the final session of BoF’s annual gathering, speakers from model Dennis Okwera and Coty chief Sue Y. Nabi to Nike’s Larry Miller and activist Malala Yousafzai reflected on their personal histories and inner powers. from Business of Fashion https://ift.tt/d6DWw38

Pantone Unveils Magenta as 2023 Colour of the Year

Viva magenta, a red tone, will encourage optimism and allude to the rise of the virtual world as well as technology such as artificial intelligence in the months to come, the company said. from Business of Fashion https://ift.tt/QTqLEV1

Farfetch Stock Plunges Following 2023 Forecast

Farfetch on Thursday said it expects to return to growth next year after reporting its first year-on-year decline in sales on its platforms in the third quarter. from Business of Fashion https://ift.tt/eMHoyQZ

How Fashion Can Build Its Own Tech Talent Pipeline

Waves of Silicon Valley layoffs may create an opportunity for companies in other industries to staff up. Retailers like Nordstrom are looking to the next generation by sponsoring college courses. from Business of Fashion https://ift.tt/fIvZXK2

Forever 21 Bets You Want to Dress Like Your Roblox Avatar

There’s no shortage of skepticism about the metaverse, but one legitimate business strategy could be using virtual worlds as a testing ground for physical products. from Business of Fashion https://www.businessoffashion.com/news/technology/forever-21-bets-you-want-to-dress-like-your-roblox-avatar/

Fashion Needs Climate Survival Strategies

As floods, drought and extreme heat become increasingly common risks, fashion brands must start thinking about how to build resilience into their supply chains. from Business of Fashion https://ift.tt/5r1w3Td

BoF VOICES 2022: Technology For a Better World

The technology that will replace the smartphone, tools that enable us to be our best selves and tech-based solutions to address critical global challenges were among the topics discussed by speakers like former Apple designer Imran Chaudhri, Dame Stephanie Shirley and Shopify president Harley Finkelstein. from Business of Fashion https://ift.tt/os5DZnS

The Best of VOICES 2022 with Tim Blanks: Day 2

Ziad Ahmed, chief executive of JUV Consulting and Stephanie Simon, the former head of community at Clubhouse joined BoF editor-at-large Tim Blanks to recap the first two days of conversation. from Business of Fashion https://ift.tt/Rqm0J2g

H&M Cuts 1,500 Jobs as Inflation Hits Demand

The Swedish fast fashion giant is the first big European retailer to start layoffs. from Business of Fashion https://ift.tt/0kutfmb

Report: Natura Works With Bank of America, Morgan Stanley on Stake Sale for Aesop Unit

The high-end brand has drawn interest from private equity firm CVC Capital Partners and competitors such as L’Occitane International SA and Shiseido Co., according to people familiar to the matter. from Business of Fashion https://ift.tt/eFYCJcS

Why Harry Styles Stans Can’t Get Enough of Pleasing

The singer’s nail polish brand isn’t following the usual celebrity beauty brand playbook, where “authenticity” and newness are key. When your fans are this rabid, it turns out none of the usual rules apply. from Business of Fashion https://ift.tt/uABOjc2

The State of Fashion 2023: Resilience in the Face of Uncertainty

The seventh annual State of Fashion report by The Business of Fashion and McKinsey & Company reveals the industry is heading for a global slowdown in 2023 as macroeconomic tensions and slumping consumer confidence chip away at 2022′s gains. Download the full report to understand the 10 themes that will define the industry and the opportunities for growth in the year ahead. from Business of Fashion https://ift.tt/ABHf8yv

What Black Friday Results Spell for Retail

This year’s post-Thanksgiving shopping extravaganza saw solid sales, particularly in stores. Retailers may not be able to shrug off recession concerns just yet though. from Business of Fashion https://ift.tt/dkHs1zO

VOICES 2022: Finding Optimism in an Unsteady World

From the Ukraine War to the climate crisis to the legacy of the pandemic, speakers including CNN’s Clarissa Ward, Mercy Corps’ Tjada D’Oyen McKenna, Goldman Sachs’ Tim Ingrassia and Google X’s former chief business officer Mo Gawdat discussed the uncertainty gripping the world — and why there’s cause for hope. from Business of Fashion https://ift.tt/Kxolwgb

Report: Prada Turns to Ex-Luxottica CEO Guerra to Ease Succession

Italian fashion group Prada is set to hire former Luxottica chief Andrea Guerra in a top management role to ease a transition at the helm to the next generation of the founding family, a source with knowledge of the matter said. from Business of Fashion https://ift.tt/QLSZlGm

‘How Can We Live?’: For Garment Workers, It’s Worse Than the Pandemic

Rising living costs and increasingly precarious work are trapping the low-wage workers who power the fashion industry in a crushing squeeze, Sarah Kent reports from Dhaka. from Business of Fashion https://ift.tt/CYliOp1

Balenciaga Seeks Damages From Company That Made Controversial Ad

Kering SA’s Balenciaga is seeking at least $25 million in damages from the production company behind an ad campaign that has made the luxury fashion house the target of fierce criticism at the start of the holiday shopping season. from Business of Fashion https://ift.tt/ZOj8IdW

Kim Kardashian ‘Re-Evaluating’ Balenciaga Deal After Bondage Ad Controversy

Balenciaga is facing backlash on both sides of the key US market's political divide, sparked by a campaign featuring children modelling BDSM-inspired products. from Business of Fashion https://ift.tt/etdOpVo

Sidney Toledano Named as President of the Chambre Syndicale de la Haute Couture

The CEO and chairman of LVMH Fashion Group was elected to lead the Fédération de la Haute Couture et de la Mode’s haute couture body for a two-year term. from Business of Fashion https://ift.tt/vaViDLE

How I Became... L’Oréal’s Head of Makeup Research and Innovation for Luxury Brands

Micheline El Achkar’s science background served as a conduit to her current role in luxury makeup research and innovation. Now, she offers her careers advice for working in the beauty industry. from Business of Fashion https://ift.tt/HwNp8Ax

Chaos Grips China Markets as Covid Protests Cloud Reopening Path

Investors sold stocks and the yuan, while credit markets saw spreads widen, as citizens in major cities took to the streets in a rare show of defiance. from Business of Fashion https://ift.tt/srdMDic

BoF 500 Innovators — Dr. D’Wayne Edwards

- November 27, 2022

After an expansive 30-year career as a footwear designer for Nike, Skechers and Jordan Brand, Edwards reopened the Pensole Lewis College of Business and Design — a design-focused HBCU in Detroit — with the goal of training and inspiring the next generation of footwear designers. from Business of Fashion https://ift.tt/xBUI42T

How the Fashion World Will Change in 2023

- November 27, 2022

This week, consumer sentiment figures, The State of Fashion 2023 report and BoF VOICES will offer insight into what lies ahead for the fashion industry, consumers and the wider world. from Business of Fashion https://ift.tt/Y5yBXbj

The BoF Podcast | How the Power of Storytelling Is Igniting the Iranian Protests

- November 25, 2022

Moj Mahdara and Dina Nasser-Khadivi speak with BoF’s Imran Amed about how creative communities from the Iranian diaspora are participating in the largest civil rights movement in Iran since the revolution in 1979. from Business of Fashion https://ift.tt/46ufOEg

Primark to Invest £140 Million in Store Estate

- November 25, 2022

The budget group, part of Associated British Foods, said on Friday the investment will include the opening of at least four new stores and will create at least 850 jobs. from Business of Fashion https://ift.tt/Gqkxsal

The African Fashion Hub Punching Above Its Weight

Ivory Coast is home to fashion businesses focused on international investment and regional trade that one might expect to find in larger countries on the continent. from Business of Fashion https://ift.tt/8UWug5C

Marimekko’s Strategy to Scale as a Values-Driven Company

Finnish lifestyle brand Marimekko, which reported net sales of €152 million in 2021, is channeling the radical spirit of its founder and introducing initiatives in circularity and exploring the metaverse as part of its strategy to scale and futureproof an iconic heritage brand. from Business of Fashion https://ift.tt/W1b7Omn

Adidas Launches Probe Into Claims Rapper Ye Mistreated Staff

Allegations have continued to mount about the rapper’s erratic behaviour and treatment of designers and other employees at Adidas, whose collaboration with Ye was once one of the most successful in the industry’s history. from Business of Fashion https://ift.tt/pucjqFi

Virtual Reality’s Best Use in Fashion May Be For Design

The technology is letting designers create 3D products in a 3D environment, speeding the design process and allowing early concepts to be more spatially accurate. from Business of Fashion https://ift.tt/8tZ7nAs

How to Live Your Best Life in 2023

Register now for the BoF VOICES 2022 livestream as Malala Yousafzai, Victoria Beckham, Jordan Brand’s Larry Miller, Sue Y. Nabi and more share their stories of personal transformation from Business of Fashion https://ift.tt/y41CjuU

Gucci Needs Creative Change, Says New Consensus

With Kering’s flagship brand struggling to keep up momentum, analysts and investors rallied around a report saying creative director Alessandro Michele is set to leave the company. from Business of Fashion https://ift.tt/r013cbX

China’s Fosun Seeks to Sell Stake in Alibaba’s Logistics Arm Cainiao

Debt-laden Chinese conglomerate Fosun International is seeking to offload a minority stake in Alibaba Group’s logistics arm Cainiao, in a deal that could fetch up to $1 billion, two people with direct knowledge of the matter said. from Business of Fashion https://ift.tt/LA61wlS

Report: Alessandro Michele Set to Exit Gucci

Shares in owner Kering rose after WWD reported, citing unnamed sources, that a creative shakeup was imminent at the Italian luxury brand. from Business of Fashion https://ift.tt/WBhuXfS

Balenciaga Apologises After Accusations It Sexualised Children in Ads

The label has deleted photos that featured children holding teddy bears that were clad in what appeared to be bondage gear after the images generated outrage on social media. from Business of Fashion https://ift.tt/Gni4btC

How Experiential Retail Tactics Are Evolving and the Power of Scent

Last week, BoF and Integra Fragrances invited executives from the likes of Kering, Armani, Sunnei, Ginori and La Double J to discover how experiential retail is evolving and the growing significance of scent and sensory marketing. from Business of Fashion https://ift.tt/GjMYvK3

Nordstrom Cuts Profit Forecast on Soaring Costs

The company expects fiscal 2022 profit between $2.13 and $2.43 per share, compared to a prior forecast of $2.45 to $2.75. from Business of Fashion https://ift.tt/4nQlIuY

Dissecting Fashion’s Disappointing Singles’ Day

Disappointing sales were only part of the story, as brands increasingly used the world’s biggest online shopping festival as a marketing moment. from Business of Fashion https://ift.tt/BRIfldo

Abercrombie Sees Better Holiday-Quarter Sales, Posts Surprise Profit

The Ohio-based apparel retailer’s shares that have lost nearly half of their value this year were up about 19 percent after the company also reported third-quarter sales above Wall Street estimates, defying inflation’s impact on non-essential spending. from Business of Fashion https://ift.tt/2HsvaDU

Woolmark Prize Names 2023 Finalists

The Australian-based fashion prize for young talent picked A. Roege Hove, Bluemarble, Lagos Space Programme, Marco Rambaldi, Maxxij, Paolina Russo, Rhude and Robyn Lynch as finalists for its 2023 award. from Business of Fashion https://ift.tt/Ybvqcgf

Vestiaire Collective Bans Fast Fashion

- November 21, 2022

Roughly 5 percent of listings will be hit by the move, the resale site said, as it seeks to position itself as an eco-conscious player at the upper end of an increasingly competitive market. from Business of Fashion https://ift.tt/E8PdZfk

The Strategy Behind Louis Vuitton’s Viral Football Campaign

- November 21, 2022

A luggage campaign harnessed the power of football superstars Cristiano Ronaldo and Lionel Messi to earn the most Instagram ‘likes’ ever, while sidestepping World Cup controversy and staking out precious brand territory. from Business of Fashion https://ift.tt/t3HeaRK

Raf Simons Is Closing His Label

- November 21, 2022

The designer is shutting down his namesake brand. The label's spring-summer 2023 collection shown in London in October will be its last, Simons said in a statement posted on Instagram Monday. from Business of Fashion https://www.businessoffashion.com/articles/luxury/raf-simons-shuttering-his-label/

At Eastman Naia, Enabling the Creative Potential of Sustainable Fibres in Fashion

- November 20, 2022

Five years after its launch, cellulosic fibre brand Eastman Naia became a supplier of sustainable fibres to brands such as Patagonia, Zara and H&M. Now, BoF talks to Ruth Farrell, Eastman Naia’s textiles general manager, to learn about the brand’s new product portfolio and customer demand for ecological action. from Business of Fashion https://ift.tt/onzNxF6

UN COP27 Summit Ends With Last-Ditch Deal for Historic Climate Damage Fund

- November 20, 2022

The COP27 climate talks in Egypt, which came close to collapse in the closing stretches, ended with an early-hours deal to create a fund to pay poorer countries for the harm caused by climate change. from Business of Fashion https://ift.tt/bvEJ6pd

66˚North Taps Kei Toyoshima in Fashion Push

- November 19, 2022

The Icelandic outerwear label, backed by the family that owns Chanel, aims to ‘elevate’ and widen the appeal of its brand. from Business of Fashion https://ift.tt/gSI41U3

H&M Opens Experiential Williamsburg Store

A departure from its regular format, the fast-fashion retailer is experimenting with a small, hyper-local, curated space in the trendy Brooklyn neighbourhood. from Business of Fashion https://ift.tt/GnU8sOg

Luxury’s Opportunities for Growth Through Innovation and Sustainability

In Paris, Shopify and BoF gathered executives from Jacquemus, Coperni, Isabel Marant, Patou, Giambattista Valli, Marine Serre, Paco Rabanne, Ami, Vestiaire Collective and Early Majority to discuss the strategic imperatives required to navigate the uncertain socio-economic environment, and reimagine how the industry operates. from Business of Fashion https://ift.tt/bKU10u9

Farfetch Reports Rare Drop in Online Sales

The strong dollar worked against the luxury marketplace, which has struggled to grow as consumers return to physical stores. from Business of Fashion https://ift.tt/FJsm715

Together Group Acquires The Future Laboratory

Together Group, which owns several public relations agencies focussed on fashion and luxury, added strategic consultancy The Future Laboratory and its subscription-based trends platform LS:N Global, to its mix. from Business of Fashion https://ift.tt/RipcakS

Drake, 21 Savage Agree Not to Use ‘Vogue’ Trademarks to Promote No. 1 Album

According to a Thursday filing with the U.S. District Court in Manhattan, the rappers acknowledged having distributed a counterfeit cover and counterfeit version of the fashion magazine without permission of Vogue publisher Conde Nast. from Business of Fashion https://ift.tt/tWzP7SL

Rolex Appoints Brunschwig as Chairman in Quiet Change of Guard

Top Swiss watch brand Rolex SA has named Nicolas Brunschwig as chairman, appointing the scion of a Geneva family that runs high-end fashion department stores in a little-publicised personnel change. from Business of Fashion https://ift.tt/oA7k2zg

Does the World Need Another Shopping Platform?

Touting AI-driven personalisation tools, a new e-commerce marketplace called Shoptrue wants to be a one-stop shop for online fashion. But many have tried before — and failed. from Business of Fashion https://ift.tt/QUu9EgB

Jonathan Akeroyd’s Plan to Kickstart Burberry

The chief executive outlined his vision to grow the British heritage house into a £5 billion megabrand. from Business of Fashion https://ift.tt/CtmOaz8

Patagonia, Reformation Back Toughened New York Fashion Act

The proposed legislation aims to make big brands accountable for environmental impact and working conditions in their supply chain. from Business of Fashion https://ift.tt/LOUl3IG

LVMH’s Delphine Arnault on New Board of Gagosian Gallery

The board is intended to “raise the bar on the gallery’s strategic thinking and vision for the future,” founder Larry Gagosian said in a statement. from Business of Fashion https://ift.tt/rya8zJ7

How Technology Can Power a Better Future

Register now for the BoF VOICES 2022 livestream, as we meet the innovators using technology to power a better tomorrow. from Business of Fashion https://ift.tt/PISFBR1

Adidas Sees Virtual Items As Its Next Big Product Category

The German brand revealed its first collection of NFT wearables for virtual spaces just days after Nike announced the debut of its web3 platform. from Business of Fashion https://ift.tt/2OGekYy

The Debrief | Fashion’s Gen-Z Obsession

The BoF Insights team shares details from their recent report on why these young consumers are so crucial to the success of the fashion industry — and what brands can do to woo them. from Business of Fashion https://ift.tt/ISPL6zd

How Beauty Brands Can Take Advantage of TikTok Trends

The app, known for tutorials, hacks, dupes and drama, has become a major beauty destination. Thinking big picture and focusing on education can help brands keep up with a rapid trend cycle. from Business of Fashion https://ift.tt/Cdn9V4O

BoF 500 Innovators — Cecilie Thorsmark

BoF sits down with the chief executive of Copenhagen Fashion Week to understand how CPHFW transformed itself to become a sustainability leader, and how she hopes to inspire international change. from Business of Fashion https://ift.tt/0Exz7Ks

Estée Lauder Acquires Tom Ford in $2.8 Billion Deal; Designer May Exit at End of 2023

Ermenegildo Zegna Group will license the right to manufacture and distribute all clothing and accessories from the new owner. from Business of Fashion https://ift.tt/hdR8x7w

Louis Vuitton’s Paris HQ Could Become LVMH’s Next Hotel-Megastore Complex

Louis Vuitton’s new exhibition space on the Seine River, as well as parts of the brand’s adjoining headquarters on Rue du Pont Neuf could eventually be transformed into a flagship store and hotel, WWD reported Tuesday citing comments by CEO Michael Burke. from Business of Fashion https://ift.tt/9coCaF0

Luxury’s Growth Expected to Slow Dramatically Next Year, Bain Says

After sales of personal luxury goods are set to surge 22 percent this year, the consultancy forecasts growth will slow to 3 to 8 percent in 2023. from Business of Fashion https://ift.tt/yeUuBa2

BoF Insights | Does Fashion Stand a Chance of Hitting Its Sustainability Targets?

With all eyes on COP27, BoF Insights research into the sustainability initiatives of the world’s 30 largest publicly listed fashion companies underscores why the industry is at risk of missing sustainability goals set for the end of this decade. from Business of Fashion https://ift.tt/CeqPuGZ

Estée Lauder to Buy Tom Ford in $2.8 Billion Deal

The beauty conglomerate is expected to tap at least one partner to handle the fashion side of the business, according to a source. from Business of Fashion https://ift.tt/HScM5ah

Amazon Plans to Lay Off 10,000 People Starting This Week

The job cuts will focus on the e-commerce giant’s devices unit, which houses voice-assistant Alexa, as well as its retail division and human resources, according to the report, which also said the total number of layoffs remains fluid. from Business of Fashion https://ift.tt/OAbpfxw

Nike Is Launching Its First Big Web3 Project

Nike’s .Swoosh is a platform for customers to learn about web3, collect virtual products like sneakers or jerseys and, eventually, help to co-create them — even potentially earning royalties on their sales. from Business of Fashion https://ift.tt/yKa0IJ3

BoF LIVE: The Future of Customer Engagement in Luxury E-Commerce

Kristin Maa, senior vice president of growth at Saks, and Lydia Pang, chief executive and co-founder of Mørning, share their insights on how luxury e-commerce is being transformed. from Business of Fashion https://ift.tt/bT5Bcsp

Report: Frasers Group Said In Talks to Buy Gieves & Hawkes

Mike Ashley's retail conglomerate could acquire the distressed Savile Row tailor, Bloomberg reported. from Business of Fashion https://ift.tt/LMItkoO

What Fashion’s Creative Talent Needs to Know Today

BoF Careers provides essential sector insights for fashion creatives this month, to help you decode fashion’s creative landscape. from Business of Fashion https://ift.tt/HoCsdN6

BoF 500 Innovators — Samira Nasr

- November 13, 2022

BoF sits down with the editor-in-chief of Harper’s Bazaar to hear how she promotes and nurtures innovation and inclusivity in the publication, and discovers why she believes a fear of failure is the biggest blocker to successful innovation. from Business of Fashion https://ift.tt/fg8AZVW

What to Watch From This Week’s Retail Earnings Grab Bag

- November 13, 2022

Results from a wide variety of retailers will offer clarity about the health of the fashion industry and the wider economy. That, plus what else to expect in the coming week. from Business of Fashion https://ift.tt/0Gwnkcr

Report: Estée Lauder Nears $2.8 Billion Deal to Buy Tom Ford

- November 11, 2022

Estée Lauder Cos Inc is nearing a deal to buy Tom Ford for about $2.8 billion, including debt, beating out competition from a number of others interested in acquiring the luxury fashion brand, the Financial Times reported on Friday, citing people briefed about the matter. from Business of Fashion https://ift.tt/MIU4BFf

Final Stretch of China Singles Day Shopping Festival Lacks Sales Oomph

- November 11, 2022

Alibaba Group Holding and other Chinese e-commerce firms holding Singles Day shopping events together logged a 4.7 percent decline in sales for the first 12 hours of the final day, a research firm said. from Business of Fashion https://ift.tt/HdFTYmK

Richemont Sounds Cautious Note on Cost-of-Living Pressures

- November 11, 2022

The group reported a shareholders’ net loss of €760 million after taking a €2.7 billion non-cash charge related to its part exit from YNAP. from Business of Fashion https://ift.tt/oBr8UfP

Modernising 40 Years of Tradition

The Italian distributor and licensor of Filson, Barbour and Baracuta plans to broaden its brand portfolio and consumer base as it marks its fortieth anniversary. BoF sits down with co-founder Cristina Calori to learn more. from Business of Fashion https://ift.tt/hPG0FUX

Gap Launches Collection With Amazon Fashion

The American retailer will sell items including apparel, nursery furniture and baby gear through a dedicated brand store on Amazon.com in the US and Canada. The collection will be available for purchase with the e-commerce giant’s Prime delivery. from Business of Fashion https://ift.tt/xU3hmjM

Tod’s Nine-Month Sales Rise More Than Expected

Revenues totalled €724.9 million ($738 million) in the period, above a €716 million forecast in an analyst consensus cited by Intesa Sanpaolo research. from Business of Fashion https://ift.tt/IyXzlJp

Ralph Lauren Beats Sales Estimates as Demand Holds Up

Ralph Lauren Corp on Thursday topped market estimates for quarterly revenue. from Business of Fashion https://ift.tt/YocOjkH

Is Fashion’s NFT Dream Over Before It Started?

NFTs could give brands a way to collect royalties on secondary sales of physical items, but a shift in how NFT marketplaces treat royalties threatens to undermine the idea’s future. from Business of Fashion https://ift.tt/szQPeRX

Amazon Becomes World’s First Public Company to Lose $1 Trillion in Market Value

- November 09, 2022

Amazon.com Inc. is the world’s first public company to lose a trillion dollars in market value as a combination of rising inflation, tightening monetary policies and disappointing earnings updates triggered a historic selloff in the stock this year. from Business of Fashion https://ift.tt/4hi1cMa

How Candles Explain What’s Happening in the Beauty Industry

- November 09, 2022

As the candle category has boomed, the product now matters just as much as the branding around it — a sentiment reflected across beauty. from Business of Fashion https://ift.tt/XTVROBf

Adidas Plans to Still Use Yeezy Designs After Costly Divorce

- November 09, 2022

The sportswear giant cut its profitability forecast for the fourth time this year as it continues to confront the fallout from its split with Ye. from Business of Fashion https://ift.tt/Kk97NiH

The Evolution of Luxury Brand Canada Goose

BoF sits down with the chairman and CEO of Canada Goose, Dani Reiss, to discover how its investment in more conscious production methods, combined with ambitious category expansion, are the foundation of Canada Goose’s mission to position itself as a next-generation luxury brand. from Business of Fashion https://ift.tt/5yHpSs9

The Brands Convincing You to Buy an Engagement Ring Off Instagram

A new cohort of mostly female, social media savvy founders are breaking with decades of jewelkery industry tradition in pursuit of young consumers. from Business of Fashion https://ift.tt/vh1aTcp

Ferragamo’s Sales Rise 13% in Q3, Driven by Europe

Revenues reached €921 million euros ($929 million) in the January-September period, Ferragamo said on Tuesday. from Business of Fashion https://ift.tt/HJfWimE

Coty Beats Quarterly Revenue Estimates as Beauty Demand Sits Pretty

Coty Inc on Tuesday beat Wall Street estimates for quarterly revenue as higher prices and sturdy demand for its fragrances and cosmetics helped soften the hit from a strong US dollar and the company’s exit from Russia. from Business of Fashion https://ift.tt/2cK7iuE

Adidas Appoints Ex-Puma Chief Gulden as New CEO From January

Current Adidas chief Kasper Rorsted will step down Friday and chief financial officer Harm Ohlmeyer will serve as interim CEO through the end of the year, the company said in a statement. from Business of Fashion https://ift.tt/3w19Y7V

Adidas, Nike Must Pick Up the Pieces After Antisemitism Ruins Deals

Billions of dollars in revenue were wiped out at the world’s two largest sportswear companies due to antisemitism scandals over the past two weeks, leaving executives to survey the damage as the dust settles at Adidas AG and Nike Inc. from Business of Fashion https://ift.tt/MNWDczt

Primark Owner AB Foods Warns of ‘Substantial’ Cost Inflation

Primark owner Associated British Foods faces “substantial and volatile” input cost inflation that will hit results in its current financial year, it said on Tuesday, taking the shine off a 42 percent jump in 2020-21 profit. from Business of Fashion https://ift.tt/3dvG4L2

The Brands Convincing You to Buy an Engagement Ring Off Instagram

A new cohort of mostly female, social media savvy founders are breaking with decades of jewelkery industry tradition in pursuit of young consumers. from Business of Fashion https://ift.tt/vh1aTcp

Elena Velez, Catherine Holstein Among 2022 CFDA Award Winners

The star-studded annual event was back to its pre-pandemic strength, with awards going to a mix of industry heavyweights and rising stars. from Business of Fashion https://ift.tt/rwlgJbq

Weakening Global Demand Hurts Vietnam’s Garment Makers

The industry’s exports in the first 10 months of this year totalled $37.7 billion, up 16.9 percent from a year earlier and accounting for 12 percent of the country’s total exports, according to official data. from Business of Fashion https://ift.tt/KODCNvx

The BoF Podcast | The Genesis of the Modern Luxury Fashion Industry

Ian Bonhôte and Peter Ettedgui speak to BoF’s Tim Blanks about their new docuseries, which examines the formation of LVMH and Kering and how designers John Galliano, Alexander McQueen, Marc Jacobs and Tom Ford helped bosses Bernard Arnault and François Pinault build a ‘Kingdom of Dreams.’ from Business of Fashion https://ift.tt/PXcYWHL

Can a New CEO ‘Transform’ Matchesfashion?

The British luxury e-tailer reported another year of widening losses in 2021. But new chief Nick Beighton is focused on the future, looking to attract young customers and revamp the site’s user experience. from Business of Fashion https://ift.tt/ZnDFk8o

Bidayat Takes Stake in Egyptian Jewellery Brand Azza Fahmy

The brand, whose designs have found favour with a long list of celebrities including Rihanna and Naomi Campbell, plans to use the investment to grow sales in the MENA region as well as in North America. from Business of Fashion https://ift.tt/OG28SHR

At Venice Sustainable Fashion Forum, Transitioning ‘From Sustainability to Responsibility’

- November 06, 2022

Last week, the governing bodies of Italian fashion held a series of thought leadership talks featuring executives from Fendi, Kering, Prada, OTB, YNAP and Canali, outlining the urgent need for the industry to accelerate its sustainability efforts. BoF shares key insights from the programming. from Business of Fashion https://ift.tt/ixWckuK

Fashion’s COP27 Cheat Sheet

- November 06, 2022

The UN’s annual climate summit is taking place against a challenging backdrop. But coming together to agree on tangible action has never been more critical. from Business of Fashion https://ift.tt/sOQpvA4

Some Questions for Adidas About the Future of Yeezy

- November 06, 2022

The activewear giant reports earnings this week and has promised an update on its breakup with Ye. That, plus what else to watch for in the coming days. from Business of Fashion https://ift.tt/naFexbg

The Best Jobs on BoF Careers

- November 05, 2022

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from PVH, Skims and Maison Margiela. from Business of Fashion https://ift.tt/HseAD6y

A Shaded View on Fashion Film Festival Names Jury

- November 05, 2022

Serving as the jury’s president will be model, author and music producer Caroline de Maigret, while designer Jean-Charles de Castelbajac will be president of honor. from Business of Fashion https://ift.tt/JagYZ3v

Nike Suspends Ties With NBA Star Kyrie Irving, Cancels Next Shoe Release

- November 05, 2022

The move comes after the athlete promoted an antisemitic documentary. from Business of Fashion https://ift.tt/ihp7sgU

Accessories Rental Platform Vivrelle Raises $35 Million

The New York City-based rental company offers users monthly access to accessories like Chanel handbags and Hermes jewellery. from Business of Fashion https://ift.tt/y1WFA59

Russian Oil Is Making Its Way Into Western Wardrobes, Says Report

Major polyester producers in India and China have ratcheted up imports of Russian crude this year, according to a report published this week. from Business of Fashion https://ift.tt/vLV3oi8

Rolex Raises Prices in Europe for Second Time This Year

The Geneva-based maker of the Daytona, Submariner and Oyster Perpetual said it had increased prices on the continent by about 5 percent. from Business of Fashion https://ift.tt/J2tm80X

Big Brands Off Track on Climate Targets as Emissions Rise, Says Report

Most fashion companies are still going in the wrong direction when it comes curbing planet-warming emissions. from Business of Fashion https://ift.tt/YJEshP5

Can a New CEO ‘Transform’ Matchesfashion?

How to Approach Promotions This Holiday Season

Retailers sitting on piles of unsold merchandise have little choice but to ramp up discounts. But there’s a right way and a wrong way to attract bargain hunters. from Business of Fashion https://ift.tt/iE2nYHZ

Ralph Lauren to Launch Fortnite Fashion Line With First Polo Logo Mashup

Drawing inspiration from designs of the 1990s, the “Polo Stadium Collection” includes a limited run of physical hoodies, sweatshirts, sweatpants, button-down shirts, polo shirts and caps, with some items available on Nov. 2, and others releasing in early December. from Business of Fashion https://ift.tt/vClbGjX

What Gen-Z Thinks About Virtual Fashion

The online gaming platform’s joint report with Parsons School of Design sets out the myriad opportunities for both traditional and digital designers creating for the metaverse. from Business of Fashion https://ift.tt/MuTIZBO

Reimagining the Returns Process to Unlock Growth

BoF sits with Andrew Pease, senior growth director at Happy Returns, and consumer psychologist Kate Nightingale, to hear how companies can transform returns from customer pain point to growth opportunity. from Business of Fashion https://ift.tt/CUAeiz9

Can Fashion’s Favourite Sustainability Standard Be Saved?

At its annual meeting the Sustainable Apparel Coalition sought to move past a greenwashing controversy that’s exposed the limits of the fashion industry’s efforts at self-regulation. from Business of Fashion https://ift.tt/seYapIk

Where Is the Next Glossier?

The beauty industry is serving up a lot of the same brands and products while non-celebrity founders struggle to raise money to scale innovative concepts. from Business of Fashion https://ift.tt/YGevQ5M

Hedi Slimane’s Celine Plans Los Angeles Show

The outing, Celine’s first physical womenswear show since the Covid-19 outbreak, will take place on Dec. 8 and feature the brand’s Autumn/Winter 2023 collection. from Business of Fashion https://ift.tt/s1HVfPL

‘Lipstick Effect’ Starts Fading for Consumer Beauty Groups

Cosmetics makers are feeling the squeeze as consumers pull back on even small luxuries. from Business of Fashion https://ift.tt/5MTWmNw

Is Hot Pink Here to Stay?

The electric-pink hue has dominated fashion for the past year — thanks to a collusion of trends like Barbiecore and dopamine dressing, alongside major commitment from Pierpaolo Piccioli’s Valentino. from Business of Fashion https://ift.tt/HjlfJwX

Where Is the Next Glossier?

Louis Vuitton and Gucci to Open First Montreal Flagships

Royalmount, a forthcoming development in Montréal’s Midtown district, has also leased flagship spaces to Tiffany and RH. from Business of Fashion https://ift.tt/FypgRQk

Revlon Creditors Challenge 2020 Loan Transactions

Some of Revlon’s creditors have asked a US bankruptcy judge in Manhattan to unwind the bankrupt cosmetic giant’s 2020 loan restructuring, saying that a group of senior lenders fleeced other creditors by improperly laying claim to the company’s valuable intellectual property assets. from Business of Fashion https://ift.tt/T8pUOyV

What Gen-Z Thinks About Virtual Fashion

Birimian Ventures Taps African Luxury Brands for Accelerator

The Côte d’Ivoire-based investment firm has announced that 11 brands will join its programme in partnership with the Institut Français de la Mode. from Business of Fashion https://ift.tt/RGLVn97

The Holiday Shopping Season Meets Inflation’s Buzzsaw

Consumers are expected to shop earlier and spend less as they adjust their behaviour in the face of rising prices. That, plus what else to watch for this week. from Business of Fashion https://ift.tt/nwgkT2s

The Times to Increase Luxury Coverage with Dedicated Online Vertical

The British newspaper will launch a digital extension of its Luxx print supplement in response to interest from advertisers and readers, Luxx editor-in-chief Kate Reardon said. from Business of Fashion https://ift.tt/LNA28lW

Ralph Lauren to Launch Fortnite Fashion Line With First Polo Logo Mashup

Why the New Guard of Digital Brands Are Embracing Wholesale

When even Glossier and Allbirds are signing deals with multi-brand retailers, it’s clear the go-it-alone era is over. Here’s how some new brands are building wholesale into their business plan from the get-go. from Business of Fashion https://ift.tt/MoR6SAv

Gucci Cancels Runway Show in Seoul Following Stampede Tragedy

South Korea is in a period of national mourning after more than 150 people were killed amid rushing crowds. from Business of Fashion https://ift.tt/FRCyouN

How I Became... Allbirds’ Vice President of Product Design

The former footwear design director at Nike, Ashley Comeaux, credits her success as a product designer to marrying problem-solving skills and creativity. Now, she offers her career advice to design talent, from how to present portfolios and articulate a unique perspective, to how she continues to upskill as a leader today. from Business of Fashion https://ift.tt/6C2VANi

The Secrets to Kering’s Fashion Success

The group’s focus on luxury fashion has paid off, thanks to bets on bold creativity and the designer, CEO and merchandiser ‘tripods’ it typically installs at its brands, writes Luca Solca. from Business of Fashion https://ift.tt/NPlaewh

The Truth About ‘Vegan Leather’

Leather alternatives have been boosted as eco-innovation and dismissed as mere plastic, but the truth is more complicated than that and demands clearer marketing to avoid misleading consumers. from Business of Fashion https://ift.tt/8tuA4Jf

The Holiday Shopping Season Meets Inflation’s Buzzsaw

- October 30, 2022

‘Lipstick Effect’ Starts Fading for Consumer Beauty Groups

- October 29, 2022

Cosmetics makers are feeling the squeeze as consumers pull back on even small luxuries. from Business of Fashion https://ift.tt/VksvNa6

Inside Adidas’ Yeezy Dilemma

The German sportswear giant’s partnership with Ye generated $1.7 billion in 2021, accounting for nearly 7 percent of its annual revenue. Now that the company has cut ties with the rapper, will it keep selling Yeezy designs? from Business of Fashion https://ift.tt/lqANPRI

NGOs Take Aim at EU Efforts to Regulate Brands’ Green Claims

A coalition of 12 civil society groups have warned the European Commission should not rely on a hotly debated method to assess environmental impact when it outlines rules on how brands should substantiate green claims at the end of next month. from Business of Fashion https://ift.tt/rM1tLiZ

Investors Spurn European Retailers Ahead of Christmas

The Christmas shopping period is unlikely to bring relief to European retailers that sell anything from running shoes to handbags as the cost-of-living crisis squeezes consumers and shrinks disposable income. from Business of Fashion https://ift.tt/iGYWP6e

Musk Is Said to Take Twitter CEO Role, Reverse Life Bans

The billionaire is expected to remain CEO in the interim but may eventually cede the role in the longer term, a person familiar with the matter said. from Business of Fashion https://ift.tt/ncM0mKu

Quiet Quitting, Labour Hoarding and Other Workplace Trends, Explained

Catchy phrases — like quiet quitting, quiet firing and labour hoarding — to describe how people behave at work is the latest indication of the challenging climate for fashion firms and their employees. from Business of Fashion https://ift.tt/DlsPCVg

How Neiman Marcus Group Is Transforming the Associate Experience With a People-First Approach

BoF sits down with Eric Severson, chief people and belonging officer of NMG, and his people services team, to learn how the company uses analytics to modernise its people strategy and culture today. from Business of Fashion https://ift.tt/4QD7zNn

Amazon Shares Plunge on Forecast for Sluggish Holiday Sales

The Seattle-based company said revenue would be $140 billion to $148 billion in the three-month period ending the year, far short of analysts’ average estimate of $156 billion. from Business of Fashion https://ift.tt/vobCpfZ

BoF LIVE | The Future of Customer Engagement in Luxury E-Commerce

Please join us on Wednesday, November 2 at 16:00 GMT for our next #BoFLIVE, as BoF's Robin Mellery-Pratt, along with Kristin Maa, senior vice president of Growth at Saks Fifth Avenue and Lydia Pang, chief executive and co-founder of Mørning discuss how luxury e-commerce is being transformed. from Business of Fashion https://ift.tt/jO49fIm

Do Fashion Brands Need to ‘BeReal?’

The new social media app has skyrocketed in popularity over the past year, and brands are still working out whether they have a place on the platform. from Business of Fashion https://ift.tt/inBYfy0

Zegna Eyes High-End Suppliers as Fashion House Moves Upmarket

“These kinds of acquisitions would consolidate the perimeter of our supply chain and our Made in Italy platform from the very top, and make us more competitive in luxury textiles,” chief executive officer Gildo Zegna said in an interview in Milan. from Business of Fashion https://ift.tt/dWfO3IX

Skechers Says Escorted Ye Out of la Office After Rapper Arrived ‘Unannounced’

The footwear maker “has no intention of working with West,” it said in a statement. from Business of Fashion https://ift.tt/l7MEHq4

How to Build an Independent Beauty Brand | Case Study

From fragrance to skin care to hair care, independent brands are making their mark on the beauty industry, but competition is stiff and scaling these businesses is more complex than ever. from Business of Fashion https://ift.tt/yPAVZNH

Moncler Sales Up 12% in Q3 Driven by Europe, Recovery in China

The group, known for its warm puffer jackets said on Wednesday it faced the northern hemisphere winter season “with confidence” after revenue exceeded 1.5 billion euros ($1.51 billion) in the nine months to September. from Business of Fashion https://ift.tt/gLzcEpx

How Morphe Bet Big on the Power of Celebrity Beauty – And Lost

The cosmetic brand’s parent company is facing an uncertain future after a series of troubled attempts to launch new makeup and skin care lines around influencers and pop stars. from Business of Fashion https://ift.tt/Cj3u6Vo

Tapestry Deepens Push Into China, Undeterred by Luxury Market Slump

The store is one of 30 in China that Coach parent Tapestry Inc is looking to open in the coming 12 months, the company’s Asia Pacific president Yann Bozec told Reuters. from Business of Fashion https://ift.tt/PhWrS4B

L’Oréal Posts Brisk Sales Rise Despite Disruptions in China

Cosmetics group L’Oréal posted robust sales growth over the third quarter, lifted by brisk demand in Europe and the United States, which helped offset disruptions in China due to COVID-19 restrictions. from Business of Fashion https://ift.tt/94VEp25

Fashion Leaders on the Future of ‘Made in Italy’

BoF and Shopify gathered executives from across the Italian industry to discuss the challenges and opportunities facing Italy’s fashion market and manufacturing as the acquisition of independent suppliers intensifies, prices rise and consumer sentiment evolves. from Business of Fashion https://ift.tt/r5Kmkxf

Inditex Sells Russian Business to Middle Eastern Daher Group

Inditex closed its over 500 stores in Russia in March following Moscow’s invasion of Ukraine on Feb. 24 and subsequent Western sanctions. from Business of Fashion https://ift.tt/60HzNqo

NGOs Take Aim at EU Efforts to Regulate Brands’ Green Claims

Adidas to End Kanye West Partnership After Controversies

The German sports company may announce the move as early as Tuesday, according to people familiar with the matter. from Business of Fashion https://ift.tt/gz6AieK

What China’s 20th National Congress Means for Fashion

Xi Jinping has secured a precedent-breaking third term as president and elevated party loyalists to key positions, indicating the country’s government will stick to its zero-Covid policies and prioritise security concerns over economic growth. from Business of Fashion https://ift.tt/70iazUu

The Secrets to Kering’s Fashion Success

Top Louis Vuitton Executive Gets Key Role Helping Shape Brand

Pierre-Emmanuel Angeloglou has added oversight of communications and events to his existing role of executive vice president of strategic missions at Louis Vuitton. from Business of Fashion https://ift.tt/AoFWNj6

Retailer Zara Under Fire in Israel Over Event for Far Right Candidate

Some Israelis posted videos on Twitter showing themselves burning Zara apparel after a local TV station reported that Trimera Brands chairman Joey Schwebel had hosted a roundtable with ultranationalist politician Itamar Ben-Gvir at his home last week. from Business of Fashion https://ift.tt/DH5SWXc

BoF LIVE | How to Reimagine Returns

Please join us on Wednesday, October 19 at 17:00 BST / 12:00 EDT for our next BoF LIVE as BoF’s Benjamin Schneider and Diana Lee, along with a panel of experts, discuss the challenges and opportunities that face the fashion brands and retailers courting Gen-Z. from Business of Fashion https://ift.tt/g0ARQoj

The Lede Company Expands Internationally

The marketing, strategy and public relations firm opened its first international office in London on Wednesday. The Lede Company now operates offices in London, New York and Los Angeles, and is looking to expand further into Europe. from Business of Fashion https://ift.tt/xzVGPEM

Sunak to Be Next UK Prime Minister After Mordaunt Drops Out

“We all owe it to the country, to each other and to Rishi to unite and work together for the good of the nation,” Mordaunt said in a statement on Twitter. The ruling Conservative Party confirmed Sunak, who is due to address rank-and-file MPs at 2:30 p.m., has been elected leader. from Business of Fashion https://ift.tt/sOfYZ9G

Ashley’s Frasers Group Raises Stakes in Hugo Boss, Asos

Frasers said Monday it now has a strategic stake of 32.8 percent in Hugo Boss, mostly held through indirect put options, valued at €960 million ($945 million). from Business of Fashion https://ift.tt/IyrL3Dv

Chinese Markets Tumble as Xi’s Tightening Grip Alarms Investors

China’s yuan weakened and country’s stocks tumbled to the lowest level since the depths of the 2008 global financial crisis in Hong Kong, a stark rebuke of President Xi Jinping’s move to stack his leadership ranks with loyalists. from Business of Fashion https://ift.tt/Y9j5fKy

A Singles Day Without Livestream Superhosts Leaves Alibaba in a Quandary

The event, which the e-commerce giant has built up from a one day Nov. 11 sale to a nearly two-week festival, will begin with seven days of pre-sales to allow shoppers on its Taobao and Tmall marketplaces to place deposits to secure goods later at a discounted price. from Business of Fashion https://ift.tt/6baFUoy

How to Plan Your Retail Footprint

- October 23, 2022

For up-and-coming brands, a few small, cleverly designed stores in the right locations can have a bigger impact than a giant flagship from Business of Fashion https://ift.tt/4S6cl5D

Fashion’s Metaverse Obsession Has Cooled – But Don’t Count the Virtual World Out Yet

- October 23, 2022

Meta’s earnings this week will provide an opportunity for the company to defend its vision for the metaverse. Fashion remains enthusiastic about the concept, though skepticism is growing. from Business of Fashion https://ift.tt/42UMgh5

The BoF Podcast: Halima Aden on Mapping her Comeback

The Somali-American model joins Imran Amed to discuss her journey from a refugee camp in Kenya to the US to the top of the fashion industry — and what she’s learned since taking a step back. from Business of Fashion https://ift.tt/Me2DC48

Balenciaga Cuts Ties With Kanye West

The brand ‘has no longer any relationship nor any plans for future projects related to this artist,’ parent company Kering said. from Business of Fashion https://ift.tt/UCs4fJo

Fast Fashion’s Race Into Resale Has Yet to Shift Its Core Business Model

Zara and Shein are the latest brands to enter the fast-growing secondary market, citing sustainability goals, but for the most part it’s business as usual. from Business of Fashion https://ift.tt/HhgnmeN

The Best Jobs on BoF Careers

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from Zalando, Acne Studios and Area. from Business of Fashion https://ift.tt/7VX2dkn

Zara to Launch Repair, Resale Platform in UK

The fast fashion giant will launch a “pre-owned” offering in November, joining a growing number of big brands experimenting with such services. from Business of Fashion https://ift.tt/75Yd8rN

Allbirds’ Quest to Make Zero-Carbon Shoes

The company cut the average carbon footprint of its products by 12 percent last year, not yet enough to offset the impact of growth. from Business of Fashion https://ift.tt/vaeSnmG

Pilar Guzmán Named Editorial Director of Oprah Daily

Guzmán has been named to the post of editorial director at Oprah Daily, Hearst’s Oprah Winfrey-fronted media property. from Business of Fashion https://ift.tt/6DJvcWL

L’Oréal Posts Brisk Sales Rise Despite Disruptions in China

Kering Sales Rise 14% in Third Quarter but Gucci Lags

Sales at the conglomerate’s flagship label rose by 9 percent, below forecasts of 11 percent. from Business of Fashion https://ift.tt/eKyTl4Q

Adidas Sneakers Going Unsold as Demand Weakens, Hitting Profit

Adidas AG warned that unsold goods are piling up as consumer demand weakens across China and western markets, prompting a fresh profit warning from the sneaker maker. from Business of Fashion https://ift.tt/PJuA450

UK Prime Minister Liz Truss Resigns

Truss came to power in early September promising an all-out push for growth, but her program proved unpalatable to financial markets as both the pound and gilts tanked amid concerns about how she’d pay for her economic plans. from Business of Fashion https://ift.tt/jcH1bQv

AI Is Designing Clothes Now

The AI image generator DALL-E is powering a design tool that lets users conjure new clothing concepts from a text prompt or reference image. from Business of Fashion https://ift.tt/sUPwXH6

Hermes Plans Big Price Rises, Says No Sign of Slowdown

Birkin bag maker Hermes flagged plans to hike prices by 5 percent to 10 percent in 2023 on rising costs and currency fluctuations, much more than in the past, after a sharp rise in sales over the third quarter with no signs of any slowdown yet. from Business of Fashion https://ift.tt/Sr796yz

The Lede Company Expands Internationally

Americans Cut Luxury Spending Ahead of Key Holiday Season

Americans have cut back on buying luxury goods like designer clothing and accessories over the past two months, according to data from three credit-card companies, raising questions over the sector’s resilience. from Business of Fashion https://ift.tt/OCU5njF

Korean Luxury Platform Balaan Secures $17 Million in Series C Funding

The investment round takes the marketplace's cumulative funding to $51.5 million since its inception in 2015. from Business of Fashion https://ift.tt/AOf0XKT

The Debrief: Giorgio Armani, Fashion’s Most Successful Designer

BoF editor-at-large Tim Blanks describes the designer and businessman’s life, continuing impact on fashion, mysterious succession plans and newfound vulnerability. from Business of Fashion https://ift.tt/7acrGZw

The Year’s Most Talked-About Beauty Brands

Dior and L’Oreal Paris were among the brands that made the most noise across media, while Kylie Cosmetics was the only celebrity brand to see growth, according to a report from Paris-based data analytics firm Launchmetrics. from Business of Fashion https://ift.tt/BcHinzA

Asos New CEO Unveils Restructuring Plan to Weather Inflation

The retailer's new chief executive officer laid out an extensive plan to reduce stock, slow automation and cut spending in an effort to survive as consumers retrench. from Business of Fashion https://ift.tt/JBAtiy9

Is Asia’s Repatriation of Luxury Spending Permanent?

- October 18, 2022

With international travel corridors gradually reopening, luxury brands need to re-evaluate investment priorities as some clients in high-growth markets like South Korea and Thailand start buying abroad again while others continue shopping at home. from Business of Fashion https://ift.tt/oWupJqy

Singapore’s Love Bonito Acquires Activewear Label Butter

- October 18, 2022

The deal follows the fashion brand’s Series C funding round last year which raised $50 million and was led by Chinese venture capital firm Primavera. from Business of Fashion https://ift.tt/VhLvgGK

Why Luxury’s Counterfeit Problem Is Getting Worse

It’s easier than ever for consumers to buy fakes online. But the spike in counterfeit sales may also have something to do with how brands themselves are pricing and marketing their products. from Business of Fashion https://ift.tt/MPTboft

SoftBank Sells THG Stake to Online Retailer’s Founder, Qatar After Share Drop

SoftBank Group Corp. is offloading its stake in struggling British online shopping firm THG to co-founder Matthew Moulding and Qatar Investment Authority, after its shareprice has collapsed over the past year. from Business of Fashion https://ift.tt/XjvHNO5

Lanvin Group Trims Valuation to $1 Billion Ahead of SPAC Listing

The adjustment in part reflects a decline in the value of the euro in recent months and lower trading multiples of listed global luxury companies, chairman Joann Cheng said. from Business of Fashion https://ift.tt/briQEyK

Credo to Acquire Rival Clean Beauty Retailer Follain

Retailer Credo Beauty, an early player in the “clean” beauty space and a purveyor exclusively of “clean” beauty products is acquiring Follain, another “clean”-only retailer and product label. from Business of Fashion https://ift.tt/gTFs5uh

London’s Luxury Brands Suffer Tax-Free Shopping ‘Hammer Blow’

“This short-sighted move is based on inaccurate and incomplete projections,” said Paul Barnes, head of the Association of International Retail, calling the U-turn a “hammer blow to UK tourism and the British high street.” from Business of Fashion https://ift.tt/hIko5nC

Asos Shares Drop on Talks With Lenders to Change Borrowing Terms

The British online fashion retailer said it was in talks with lenders to change the terms of a £350 million ($394 million) borrowing facility to provide more flexibility in tough economic times. from Business of Fashion https://ift.tt/zNhui19

How Beauty Brands Can Help Cancer Patients

- October 16, 2022

For those battling cancer, the treatment that could save their lives — chemotherapy and radiation — can severely damage their skin. So far, few beauty brands — La Roche-Posay is one of them — have stepped up with solutions. from Business of Fashion https://ift.tt/rRQ1ImX

A BDSM-Inspired Collection Won Top Honours at the Festival d’Hyères

- October 16, 2022

Finnish designer Jenny Hytönen won the grand prize for fashion at the competition for young creatives in the south of France. South Korean photographer Rala Choi won for fashion photography. from Business of Fashion https://ift.tt/FdcSyxM

Does Kering’s US-Centric Strategy Still Make Sense?

- October 16, 2022

Luxury brands have gone all-in on America, but the country’s post-pandemic boom may be on its last legs. That, plus what else to watch for this week. from Business of Fashion https://ift.tt/u8OaGtk

In London, Raving with Raf Simons

A Frieze Week full of fashion events crescendoed with a Raf Simons show inspired by the post-pandemic exuberance of London’s youth, writes Susanna Lau. from Business of Fashion https://ift.tt/Vt3hn7o

Why Thom Browne Is a Promising Pick for CFDA Chairman

The newly named head of American fashion’s top trade organisation is proof that independent designers in the US can build brands with both creative legitimacy and commercial heft. from Business of Fashion https://ift.tt/v3kw5Is

The New Rules of Sustainability Marketing

A wide-ranging crackdown on greenwashing has snared major players from H&M to the Sustainable Apparel Coalition. Now regulators have issued new guidelines for how sustainability can be marketed. from Business of Fashion https://ift.tt/bGcIm6n

British Fashion Council Partners with eBay to Launch Circular Fashion Fund

The £100,000 ($113,000) fund will be divided between six companies, which will also receive access to a mentorship programme, networking opportunities, and one-on-one sessions from organisations like the Ellen MacArthur Foundation. The overall winner will receive an additional £10,000. from Business of Fashion https://ift.tt/goWjwIl

What Fashion Designers Need to Know Today

BoF Careers provides essential sector insights for fashion designers this month, to help you decode fashion’s creative and commercial landscape. from Business of Fashion https://ift.tt/BsYD10P

Sneaker Reseller Goat Set to Acquire Streetwear Site Grailed

Sneaker marketplace Goat Group Inc. is set to acquire streetwear-resale site Grailed to expand deeper into the apparel business. from Business of Fashion https://ift.tt/hNreGw9

How the Internet Disrupted Fashion’s Trend Cycle

The instant access to information and products provided by the internet is changing how we adopt trends and signal status, argues author W. David Marx in “Status and Culture,” leaving us worse off for it. from Business of Fashion https://ift.tt/Lu8kxWY

Uniqlo Owner Sees Profit Topping Projections on Sales Climb

Uniqlo owner Fast Retailing Co. issued an outlook for profit and sales ahead of analysts’ projections for the current fiscal year, thanks to better demand for its cheap casual apparel in Japan and a weaker yen bolstering profits brought back home from overseas. from Business of Fashion https://ift.tt/WtlFoE4

Khaby Lame: The ‘Universal Language’ of an Unlikely Fashion Icon

The world’s most-followed TikToker shares his unusual journey from Senegalese refugee to global fashion icon and what it says about what works on social media. from Business of Fashion https://ift.tt/gywrOQn

London’s Creative Talent on the Future of Fashion in the Capital

On Monday night, BoF and Mailchimp hosted emerging designers, fashion entrepreneurs and creative leaders in London to hear from the next generation of talent their reflections on the recent season, and the opportunities they see ahead. from Business of Fashion https://ift.tt/qblBoGM

The Debrief | Inside the $7 Billion Dior Phenomenon

How the 75-year-old luxury house tripled its revenue in just four years, according to BoF luxury editor Robert Williams. from Business of Fashion https://ift.tt/okD15ap

What It Takes to Crack a New Market In Beauty

Sephora has failed in the UK in the past, but the pieces are there for it to be a success this go-round — if executed correctly. from Business of Fashion https://ift.tt/zYh38ew

Benoit Pagotto: The Nike-Backed Gamer Building the Supreme of the Metaverse

- October 11, 2022

Virtual fashion brand RTFKT rocketed from launch to Nike acquisition in less than two years. The man on the joystick isn’t a Silicon Valley geek but a French provocateur with a radical business vision and a warning for the fashion industry: ‘A lot of brands are going to die.’ from Business of Fashion https://ift.tt/metIKxi

LVMH Beats Estimates, Blames Tourist Shopping for Slowing US Growth

- October 11, 2022

A strong dollar is encouraging Americans to spend more abroad, luxury’s biggest group said. from Business of Fashion https://ift.tt/8UhTF4S

Will Fashion’s Bet on Food and Beverage Pay Off?

- October 11, 2022

In China, branded cafes, bars and restaurants are a marketing sweet spot for luxury players like Burberry, Cartier and Tiffany but navigating an unfamiliar sector amid strict lockdowns isn’t easy. from Business of Fashion https://ift.tt/AO1f3U6

Thom Browne Named CFDA Chairman

The New York-based designer, whose business was acquired by Zegna in 2018, replaces Tom Ford, who finished his three-year term at the Council of Fashion Designers of America (CFDA) in May. from Business of Fashion https://ift.tt/z3yRr0G

Diane von Furstenberg Makes a (Profitable) Comeback

For the first time in a decade, Diane von Furstenberg is operating in the black. It’s a feat made possible by cutting overall production by half under the brand’s new CEO, Gabby Hirata. from Business of Fashion https://ift.tt/iuJBpwv

How a Heritage Watch Brand Is Expanding Its Audience

Jaeger-Lecoultre is collaborating with creators across disciplines, signing new ambassadors, and staging an exhibition in London’s Covent Garden. from Business of Fashion https://ift.tt/ztGQfHX

Marisa Meltzer Is Writing Glossier Tell-All Book

The journalist’s book “Glossy,” set to be released in Summer 2023, will unpack the rise of the brand, and its enduring impact on beauty, business and culture. from Business of Fashion https://ift.tt/ygl2dt0

BoF Insights | Gen-Z and Fashion in the Age of Realism

Find out what makes Gen-Zers so unique and crucial to the fashion industry in the latest BoF Insights report. Co-created with Gen-Zers as well as a host of fashion and social media experts, we unpack what this generation expects from fashion today, and tomorrow. from Business of Fashion https://ift.tt/Ed09vQM

Post Pandemic, Fashion Continues to Backslide on Labour Rights

A crackdown on trade unions and increase in labour abuses is becoming a worrying new norm in fashion’s supply chain, according to a new report. from Business of Fashion https://ift.tt/3YOwxZk

Former Sephora Stores Reopen in Russia Under New Ownership, Ile de Beauté Brand

Some of LVMH retail beauty brand Sephora’s stores reopened in Russia on Monday as Ile de Beauté, the Russian firm said, the latest rebranding in the country’s retail space as firms exit the country over Moscow’s actions in Ukraine. from Business of Fashion https://ift.tt/L5eJZjm

Announcing Roland Mouret and Luminaire

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/gIaMBLz

Emma and Jens Grede: The Power Couple Behind the Kardashian Industrial Complex

The architects of multiple retail triumphs, including Skims and Good American, share a personal and professional chemistry that fuels their success. from Business of Fashion https://ift.tt/K1uH8b0

Where Does Your Necklace Come From?

With new digital ‘passports’ that disclose where its products were crafted, Monica Vinader is ahead of the pack in a jewellery sector under pressure to prove its gems aren’t linked to human rights abuses and environmental degradation. from Business of Fashion https://ift.tt/0TZ1qVb

How to Build Your Personal Brand

Industry executives and a business school professor explain the importance of personal branding in fashion and share their advice on creating an authentic, standout brand in today’s saturated job market. from Business of Fashion https://ift.tt/iYdw3cn

The Fifth Fashion Week

Alexander McQueen, Raf Simons and others are taking advantage of the hum around the Frieze Art Fair — and a potential uptick in tourism. Plus, what else to watch for in the coming days. from Business of Fashion https://ift.tt/F63Lhlj

The BoF Podcast | Deepika Padukone on the Power of Patience

- October 07, 2022

BoF’s founder and editor-in-chief Imran Amed speaks with the BoF 500 cover star about the ups and downs of her personal and professional trajectory and what the West needs to understand about India and its rich, diverse culture. from Business of Fashion https://ift.tt/pSd4Gue

Fashion’s Plastic Addiction Is Harder to Shake Than it Seems

- October 07, 2022

Big brands from Adidas to Patagonia are on track to eliminate virgin polyester from their products. But the pivot to materials mostly made from recycled plastic bottles is an imperfect solution. from Business of Fashion https://ift.tt/EktwOjy

Valentino Turns off Store Lights Early

- October 07, 2022

Starting from last night, lights in around 95 Valentino’s boutiques around the globe were to be turned off nightly at 10 p.m., the company said on Friday, adding it estimates a daily decrease in energy consumption of over 800 kWh. from Business of Fashion https://ift.tt/zNw9gCv

VOICES 2022: BoF’s Annual Gathering for Big Thinkers Is Coming

Register for BoF VOICES 2022 with Malala, Victoria Beckham, Demna and more from Business of Fashion https://ift.tt/Ljt6qkG

Why Brands Cast Older Celebrities to Court Younger Consumers

J.Crew is the latest brand to tap middle-aged stars including Julianne Moore and Diane Keaton for its campaign even as it strives to win over Gen-Z. Will the strategy work? from Business of Fashion https://ift.tt/ISXGZN1

Parfums de Marly Owner Weighs Sale of Luxury Scent Maker

The owner of Parfums de Marly is weighing a sale of the luxury scent maker, whose products can sell for more than €300 a bottle, people familiar with the matter said. from Business of Fashion https://ift.tt/oG78plL

Adidas Places Yeezy Partnership Under Review

The German sportswear giant has broken its silence over the dispute with Ye, the artist and designer formerly known as Kanye West, who accused the brand of effectively shutting him out of his namesake sneaker line in a series of now-deleted Instagram posts in August and early September. from Business of Fashion https://ift.tt/AoIPKym

BoF LIVE | Unpacking the Texture Hair Care Opportunity

Please join us on Thursday, October 13 as BoF’s Tamison O’Connor and Sheena Butler-Young, along with a panel of experts, unpack the texture hair care opportunity. from Business of Fashion https://ift.tt/XzxPbpE

Can Tech Save Poshmark?

Poshmark’s sale to South Korea-based Naver might feel hasty and ill-timed, but the resale company believes the technological benefits of the deal could help it solve a major conundrum: converting more of its 80 million users into buyers. from Business of Fashion https://ift.tt/xQEaryq

Retailers Staff Up to Prep for Return of In-Store Holiday Shopping

Walmart Inc told Reuters that 36,500 of its seasonal hiring jobs this year are in-store roles. from Business of Fashion https://ift.tt/9WwvZhO

How In-Store Services Help DTC Brands Win at Brick-and-Mortar

A growing number of direct-to-consumer brands have found a winning retail formula by putting a modern spin on routine services such as piercings and eye exams. from Business of Fashion https://ift.tt/FwAPDVL

At the BoF 500 Gala, Snap Inc. Showcases Next-Generation AR Activations

At the BoF 500 Gala event, held in partnership with Snap Inc., the social media company showcased how augmented reality can seamlessly blend physical and digital community experiences. BoF learns more about how brands can leverage the technology. from Business of Fashion https://ift.tt/UCQX0BM

The Debrief | Can Patagonia’s Radical Move Change the Fashion Industry?

Patagonia founder Yvon Chouinard’s is giving away his billion-dollar company. BoF chief sustainability correspondent Sarah Kent explains why — and what influence the change could have on the culture of business. from Business of Fashion https://ift.tt/LJRlOUN

Why Amazon’s Latest Beauty Venture Is About More Than Sales

This week, Amazon-owned Shopbop became the third high-end fashion e-tailer this year to get into beauty. The goal may be more about drawing people to the site than becoming a powerhouse in the category. from Business of Fashion https://ift.tt/Uld5kPT

Sephora Launches Same-Day Delivery Subscription

The beauty retailer announced a new subscription-based membership on Tuesday that allows shoppers to get same-day eligible items (based on delivery address and nearby locations) from Sephora delivered in as little as two hours. from Business of Fashion https://ift.tt/H08WYBl

Jacquemus: A Fashion Star’s Business Vision

For the first-time, the industry’s hottest independent designer—a charismatic, social-media savvy storyteller from the south of France—reveals the financial underpinnings of his burgeoning company and plans for the next phase of growth. from Business of Fashion https://ift.tt/IRrWPka

In Paris, Creators and Imposters

The Paris Fashion Week that closed on Tuesday offered both sparks of originality and shameless theft, writes Angelo Flaccavento. from Business of Fashion https://ift.tt/iwAh0el

Ye Lashes Out at LVMH and Vogue Editor After ‘White Lives Matter’ T-Shirt Draws Criticism

The rapper formerly known as Kanye West dominated conversation around Paris Fashion Week for a second day, unleashing a torrent of Instagram posts and stories at critics and industry figures following his show on Monday night. from Business of Fashion https://ift.tt/BuRoNmz

Fashion Editor Long Nguyen Has Died

Nguyen’s decades-long career saw him hold roles at the magazines Flaunt and Detour as well as at Dolce & Gabbana. from Business of Fashion https://ift.tt/HAOdjRW

Goodwill Launches Resale Site Featuring Luxury Brands Like Gucci and Prada

GoodwillFinds is a curated marketplace of donated goods that seeks to compete with Poshmark and The RealReal, secondhand sites where resale has become sport to shoppers hunting luxury items to flip for profit. from Business of Fashion https://ift.tt/L0Q82tG

Fashion’s Green Debt Tinged With Greenwash

Chanel and other companies that sell sustainability-linked bonds aren’t risking much, with the majority of associated goals weak, irrelevant, or even already achieved, according to Bloomberg analysis. from Business of Fashion https://ift.tt/Ny7HdEF

Is Streetwear Still Cool?

Luxury brands may have pivoted away from sneakers, puffer jackets and hoodies, but new brands like Corteiz and Free The Youth are making the case for street culture’s enduring relevance in fashion. from Business of Fashion https://ift.tt/nqXGSZU

Kanye Co-opts Paris Fashion Week

Perennial media magnet Kanye West may know how to attract attention by staging a surprise show, but Thom Browne and Sacai’s Chitose Abe reminded us of the true quirk, strangeness and charm of fashion. from Business of Fashion https://ift.tt/cVjAKHo

South Korea’s Naver Acquires Poshmark for $1.6 Billion

The tech firm agreed to a $1.6 billion deal to buy fashion resale platform as a strategic investment to enter the US e-commerce market. from Business of Fashion https://ift.tt/EN8W39r

‘National Pride Marketing’ Is High-Risk, High-Reward

Experts warn global brands to tread carefully as they experiment with new ‘guochao’ strategies amid growing nationalism and local competition in China. from Business of Fashion https://ift.tt/jAhQaVi

Kim Kardashian to Pay $1.3 Million to SEC Over Crypto Touting

Kardashian will pay to settle Securities and Exchange Commission allegations that she broke US rules by touting a crypto token without disclosing she was paid for the promotion. from Business of Fashion https://ift.tt/Lla3U2w

Announcing Paper Planes and Delos

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/fih5HuT

Giorgio Armani: Lion in Winter

Fashion’s most successful designer is finally in touch with his tender side, after a career driven by perpetual dissatisfaction. from Business of Fashion https://ift.tt/CIrD5wo

What’s in the Box?

Battered but unbroken, Demna is battling his way out of a box at Balenciaga. But at Valentino, Pier Paolo Piccioli’s box is packed with possibilities. from Business of Fashion https://ift.tt/4hs3CUK

The Triumph of Fashion’s Avant-Garde is Never-Ending

Without fail, Japan’s finest will leave you somewhere between inspired and bemused. from Business of Fashion https://ift.tt/glBcAb5

What Fashion’s Creative Talent Needs to Know Today

BoF Careers provides essential sector insights for fashion creatives this month, to help you decode fashion’s creative landscape. from Business of Fashion https://ift.tt/HBeD3ML

Fashion’s Party Is Just About Over. Here Comes the Hangover.

The industry’s gravity-defying post-pandemic run faces its greatest challenge yet as bad economic news mounts. That, plus what else to watch for this week. from Business of Fashion https://ift.tt/vjk0TVO

BoF 500 Gala Draws Global Stars and Fashion Insiders

- October 01, 2022

Simon Porte Jacquemus, Deepika Padukone, Paloma Elsesser and Khaby Lame were among those honoured as the newest members of the BoF 500 community, before dancing to performances by Oliver Sim and Benji B. from Business of Fashion https://ift.tt/O27veLz

Victoria Beckham Seeks to Turn New Leaf With Paris Show

After restructuring her brand during the pandemic, the pop star-turned-designer revealed a sexier, more playful image at her first runway in nearly three years. from Business of Fashion https://ift.tt/WxZHm57

BoF 500 Global Cover Stories: Giorgio Armani, Paloma Elsesser, Simon Porte Jacquemus, Deepika Padukone and More

The Business of Fashion sat down with new and longstanding members of The BoF 500 to unearth the human stories behind their leadership, creativity, innovation and impact, from Italian fashion icon Giorgio Armani and Bollywood superstar Deepika Padukone to Khaby Lame, the Senegalese refugee who became the most-followed TikToker in the world. from Business of Fashion https://ift.tt/6cpd4Fx

The Best Jobs on BoF Careers

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from BoF, Prada Group and Neiman Marcus. from Business of Fashion https://ift.tt/6f4Ovhu

Surreal vs Real: The Jury’s out at Loewe

No other designer gets twisted like Jonathan Anderson. from Business of Fashion https://ift.tt/PhQNFV0

The BoF Podcast | Marine Serre Questions the Fashion Industry’s Practices

The French designer, known for her embrace of eco-futurism, speaks to BoF founder and editor-in-chief Imran Amed about the evolution of her namesake brand and explains its deeper purpose. from Business of Fashion https://ift.tt/rG79gD3

Luxury’s Big Resale Experiment Is Just Getting Started

Balenciaga has partnered with tech platform Reflaunt to roll out its own ‘circularity program’ as brands look to prove out a business model that could help support both revenue growth and sustainability goals. from Business of Fashion https://ift.tt/GuwFSZJ

The Fashion Fallout From the UK’s Wild Week, Explained

UK Chancellor Kwasi Kwarteng’s mini-budget threw the country’s financial markets into a tailspin, and fashion is feeling the effects. from Business of Fashion https://ift.tt/BsQqOmk

Introducing The BoF 500 Class of 2022

Our editors have selected 103 new members to add to this influential global community based on their leadership, creativity, innovation and impact. from Business of Fashion https://ift.tt/yuOGpaE

LVMH Announces Bonus Payment to Help Staff Tackle Inflation Pressures

LVMH said 27,000 of its staff in France would be able to qualify for this bonus, which would range from €1,000-1,500 ($973.50-$1,460). from Business of Fashion https://ift.tt/fpsUPYF

Alternate Worlds at Rick Owens and Off-White

Both Owens and Virgil Abloh-successor Ib Kamara reckoned with the past without drowning in it, writes Tim Blanks. from Business of Fashion https://ift.tt/4FcjWoO

Sephora Launches Same-Day Delivery Subscription

How Bottega Veneta Uses Technology In Service of Craft

Bottega Veneta’s printed leather jeans and plaids were standout items at Milan Fashion Week and the latest example of the creative ways designers are using technology to aid craftsmanship, not replace it. from Business of Fashion https://ift.tt/DWQkNcI

Gucci Names New CEO of its Vault and Metaverse Ventures

Robert Triefus will add the duties to his current role as senior vice president, corporate and brand strategy, and succeeds Nicolas Oudinot. from Business of Fashion https://ift.tt/FIpJ4Ch

India’s Reliance Launches First In-House Premium Fashion Store

The new store chain called Azorte, the first of which was launched in Bengaluru, will compete with the likes of Mango and Industria de Diseno Textil SA (Inditex)-owned Zara, and cater to Millennials and Gen-Z. from Business of Fashion https://ift.tt/S1XwhsU

Next Cuts Profit Forecast as Shoppers Feel the Squeeze

Next, which trades from about 500 stores and online, said it now expected full price sales in its second half of its financial year to fall 1.5 percent, and a full year pretax profit of £840 million ($905 million), up 2.1 percent versus 2021-22. from Business of Fashion https://ift.tt/BeUdWbG

Can the Family Behind Ferrari Make Chinese Luxury Stick?

Exor, the investment fund of Italy’s Agnelli family, has tapped LVMH-Prize finalist Yang Li to lend a fashion edge to its recent Shang Xia acquisition. Almost two years in, the company’s first luxury venture is starting to take shape. from Business of Fashion https://ift.tt/EGIUywT

Shiseido to Acquire Skin Care Line Gallinée

Shiseido Europe, S.A., a subsidiary of Japanese beauty conglomerate Shiseido Company Limited, will acquire the London-based microbiome skin care brand. Financial terms of the deal were not disclosed. from Business of Fashion https://ift.tt/HTwykPM

Farfetch CEO Sees Luxury Recession Resilience and China Return

Handbags, fashion and watches are less sensitive to economic downturns as well-heeled consumers keep buying such items, chief executive officer José Neves said in an interview. from Business of Fashion https://ift.tt/DlksEpf

The Debrief | Inside the Luxury E-Commerce Race

After years of speculation, designer e-tailers are finally consolidating in an effort to increase profits and gain market share. BoF’s Robert Williams and Tamison O’Connor unpack what’s in store for major players including Farfetch, YNAP and MatchesFashion. from Business of Fashion https://ift.tt/oarTXpi

India’s Reliance Retail in Talks for Rights of Beauty Retailer Sephora

Reliance Retail, run by Indian billionaire Mukesh Ambani’s conglomerate Reliance Industries Ltd, is in advanced talks to get the rights for beauty retailer Sephora in India, the Mint newspaper reported on Wednesday, citing two people familiar with the matter. from Business of Fashion https://ift.tt/DGlnNgK

Burberry Names Daniel Lee Chief Creative Officer

Lee will succeed Riccardo Tisci, starting next Monday. from Business of Fashion https://ift.tt/59SmGrf

How Fashion Can Start Talking About Pay

- September 27, 2022

The fashion industry is notorious for its broad, and often opaque salaries but new laws, social pressures and a labour shortage are pushing more companies toward pay transparency. from Business of Fashion https://ift.tt/IthsYCg

Chat-Based E-Tailer Threads Styling Acquired by Chalhoub Group

The deal will allow Threads Styling to deepen its ties with the key Middle Eastern market, while its new owner strengthens an improved digital and global presence. from Business of Fashion https://ift.tt/2dD3jJT

The Next Generation of Dermatologist Skin Care Brands

As more dermatologists launch their own skin care brands, simply slapping an MD-approved label on a product isn’t enough to win consumer approval. from Business of Fashion https://ift.tt/PQfB7oL

How Luxury Can Better Support Female Empowerment

In a roundtable co-hosted by Bulgari and BoF over Milan Fashion Week, thought-leaders from fashion, luxury and their adjacent industries shared insights and learnings on how to power positive change for the female-identifying workforce. from Business of Fashion https://ift.tt/x30LjYv

Harper’s Bazaar to Launch French Edition

Harper’s Bazaar France will be published in both print and online, Olivier Lalanne has been named editor-in-chief of the new edition. from Business of Fashion https://ift.tt/MwFLmd6

Balenciaga Is Latest Kering Brands to Commit to Resale

The luxury label is partnering with tech-and-logistics platform Reflaunt to help customers sell on their old Balenciaga clothing and accessories. from Business of Fashion https://ift.tt/oUk20rf

Balenciaga Is Latest Kering Brands to Commit to Resale

The luxury label is partnering with tech-and-logistics platform Reflaunt to help customers sell on their old Balenciaga clothing and accessories. from Business of Fashion https://ift.tt/GNJo8gF

Walmart Is Making Its First Move Into the Metaverse With Virtual Worlds on Roblox

Starting Monday, the retailer will unveil two immersive experiences on Roblox Corp.’s virtual platform. Walmart Land will feature fashion, beauty and entertainment items, while Walmart’s Universe of Play will showcase toys, the company announced. from Business of Fashion https://ift.tt/ajsSTep

In Milan, Fashion to Die For (And From)

‘If we see the same thing each day, then we die,’ said Gaetano Pesce, who did the set at Bottega Veneta. It was an unwitting commentary on too much of the latest Milan fashion week, writes Angelo Flaccavento. from Business of Fashion https://ift.tt/SaOLDld

Calm vs Chaos: Milan Embraces Worlds Apart

- September 25, 2022

Giorgio Armani and Matty Bovan couldn’t be more different, but both propose a union of reality and fantasy, writes Tim Blanks. from Business of Fashion https://ift.tt/U8FHVcI

Paris Fashion Week Cheat Sheet

- September 25, 2022

The big brands are (mostly) all back, but the schedule has plenty of newcomers, independents, emerging talents and a contingent of Ukrainian designers looking to steal the show. That, plus what else to watch for in the coming week. from Business of Fashion https://ift.tt/scBRTW2

A Weekend in Milan

- September 24, 2022

From Versace in church to Blazy in charge, emotions in motion drive Italian fashion as it goes through a generational shift. from Business of Fashion https://ift.tt/GOEiWY1

Kim Kardashian and Dolce & Gabbana: A Match Made in Marketing Heaven

- September 24, 2022

Designers Stefano Gabbana and Domenico Dolce tapped the mega-influencer to co-design their most recent collection. from Business of Fashion https://ift.tt/xeObn7g

Optimising Wholesale for the Future

At Coterie in New York on September 18, leaders from showcasing brands Silk Laundry, HNST and Magnlens joined BoF on stage to share their insights on the evolution of the wholesale market and their focus areas to find growth in today’s market. from Business of Fashion https://ift.tt/nVF0bcH

The Best Jobs on BoF Careers

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from Kering, Tiffany & Co. and Roksanda. from Business of Fashion https://ift.tt/yWTL6ve

What Nordstrom’s ‘Poison’ Pill Says About the State of US Department Stores

The Seattle-based retailer made headlines this week with a shareholder plan that would fend off hostile takeovers. But unwanted suitors may be the least of its problems. from Business of Fashion https://ift.tt/mFO0Kl9

Britain to Re-Introduce Tax Free Shopping for Overseas Visitors

Britain will bring back sales tax free shopping for overseas visitors to boost the country’s flagging retail sector, finance minister Kwasi Kwarteng said on Friday. from Business of Fashion https://ift.tt/pgawED1

Corporate Climate Action Hits Its Limits

The tensions between business, politics and a worsening climate crisis were on display at New York Climate Week, with implications for fashion. from Business of Fashion https://ift.tt/mNu8SQH

L’Oréal Acquires Skinbetter Science