Posts

Showing posts from September, 2024

Garment Workers’ Protests Leave One Dead in Bangladesh

A clash between protesting garment workers and police in Bangladesh resulted in one death and over 20 injuries on Monday, as workers demanding higher wages and better conditions blocked a major highway. from The Business of Fashion https://ift.tt/cMqm8jL

Birkenstock Launches Foot Care Range

The German footwear maker is commemorating its 250th anniversary with a range of foot care products, including bath salts and a nourishing balm. from The Business of Fashion https://ift.tt/v479zF2

How Brands Use the Front Row to Mint the Next ‘It’ Item

More brands are dressing their VIP runway attendees in coordinating looks to propel focus on one particular item, in hopes of driving buzz — and sales. from The Business of Fashion https://ift.tt/pRbHwto

Francesca Bellettini’s Plan For Kering

Topping off a transformative tenure at Saint Laurent, the Italian executive and BoF 500 member is co-piloting fashion’s highest-stakes turnaround effort as owner Kering’s deputy CEO for brand development. Can Bellettini engineer a rebirth for the luxury giant and its flagship Gucci? from The Business of Fashion https://ift.tt/cfBztwE

Inside The BoF 500 Gala 2024: All the Red Carpet Looks

Greta Lee, Ayo Edebiri, Damiano David and Victoria Beckham were among those who celebrated new entrants and longstanding members of The BoF 500 community during Paris Fashion Week. from The Business of Fashion https://ift.tt/HJ4TPLR

This Week: Nike’s Next Chapter Begins

Quarterly earnings on Tuesday are likely to paint a bleak picture, but also provide the new regime an opportunity to lay groundwork for a recovery. from The Business of Fashion https://ift.tt/nvJReoH

The BoF 500 After Party: Fashion’s ‘Family Reunion’

After his intimate performance at the Gala, Nigerian Afrobeats superstar Wizkid opened up the dancefloor to a soundtrack by DJ Aymen. from The Business of Fashion https://ift.tt/bP2mdnJ

BoF 500: The Fashion Industry Olympics Come to Paris

Rising talents and industry legends united to celebrate 2024’s new members of the definitive list of people shaping global fashion and culture. from The Business of Fashion https://ift.tt/WXbF1S3

Lotta Volkova-Styled All-In Makes Splash

Benjamin Barron and Bror August Vestbø's upcycling label is helping to fuel a new wave of eco-minded fashion, alongside the likes of Hodakova and Duran Lantink. from The Business of Fashion https://ift.tt/MwYaV45

Analytical, Not Literal: Inside Nadège Vanhee’s Hermès Vision

By translating the French luxury house’s codes “analytically rather than literally,” the designer has managed to update its vision of feminine elegance with a sportier, more body-conscious silhouette. from The Business of Fashion https://ift.tt/ex7YORX

In Paris, the Boys Can’t Help It!

Fearless idiosyncrasy is an irresistible asset for Jonathan Anderson at Loewe and Daniel Roseberry at Schiaparelli, writes Tim Blanks. from The Business of Fashion https://ift.tt/M6ula2J

Beauty Is Still Defiance

Rick Owens has always said so, but Chloe’s Chemena Kamali is also turning prettiness into a surprisingly potent force, writes Tim Blanks. from The Business of Fashion https://ift.tt/sVJtaAo

Moncler CEO Strengthens Grip on Company With LVMH Deal

Moncler’s Chairman and CEO Remo Ruffini is tightening his control of the outerwear specialist after striking a deal with LVMH, which will take a stake in the Ruffini investment company that is Moncler’s biggest shareholder. from The Business of Fashion https://ift.tt/B3whyfm

Swatch CEO Says ‘Nothing New’ in Buyout Talk Lifting Stock

Nick Hayek dismissed rumours about the company considering going private as “pure speculation,” despite acknowledging the appeal of such a move amid declining share prices. from The Business of Fashion https://ift.tt/a5k90lJ

First Came the $100 Wide-Leg Jeans. Then the $700 Shopping Spree

The rise of wide-leg jeans is sparking a transformative shift in fashion, prompting brands like Gap, Madewell, and Lululemon to expand their offerings as consumers purchase complementary items, driving increased sales and reshaping wardrobe choices among teens and young women. from The Business of Fashion https://ift.tt/fTca8we

Bath & Body Works President to Step Down, Role Eliminated

The US body care brand’s retail president Julie Rosen will leave the company on October 22. from The Business of Fashion https://ift.tt/JxnKjpf

Alessandro Michele’s Valentino Vision

After a historic turn at Gucci, Alessandro Michele’s next move was the subject of intense industry speculation. Now, the superstar creative director and BoF 500 member has returned to fashion with a new vision for the storied Roman couture house Valentino. from The Business of Fashion https://ift.tt/uXDfkAQ

Paris Day Two: Best Friends Nicolas Di Felice and Julien Dossena Show on the Same Day

It always pays to be smart, but in fashion, it helps if you’re sexy too, writes Tim Blanks. from The Business of Fashion https://ift.tt/s4gmHbx

W Hotels’ Lessons in Luxury’s Evolution to Meet Global Consumer Expectations

The newly transformed W Hotels’ flagship properties have reimagined their cultural programming and offerings across hospitality, music and fashion to cater to the demands of its discerning clientele. Now, BoF sits down with the senior vice president and global brand leader of W Hotels to learn more about the luxury lifestyle brand’s multi-year brand evolution to appeal to a cross-generational consumer base. from The Business of Fashion https://ift.tt/DTyUZ0a

Amazons on the Catwalk

Dior and Saint Laurent’s strong, sensual visions suggest Paris is still throbbing with the Olympic spirit, writes Tim Blanks. from The Business of Fashion https://ift.tt/8rP16XA

California Set to Mandate Clothing Recycling as Wardrobe Waste Grows

A new California bill proposes that brands take charge of recycling efforts, allowing consumers to drop off unwanted clothing at designated sites. from The Business of Fashion https://ift.tt/R0UGtjY

Luxury’s Soft Patch Will Be Short

It’s tempting to think something is broken with the luxury sector, but the market slowdown is largely a macroeconomic issue and sales will grow by mid-single digits in 2025 in a base-case scenario, argues Luca Solca. from The Business of Fashion https://ift.tt/d6bwf8q

Harrods Investigating if Any Current Staff Were Involved in Fayed’s Alleged Abuse

The company is investigating potential involvement of its current staff in the alleged sexual abuse by former owner Mohamed Al Fayed, following accusations from over 100 women, as the luxury retailer launches a review and collaborates with Scotland Yard to address the claims. from The Business of Fashion https://ift.tt/gYozuF7

Is This the End of Fashion History? Not So Fast

The Milan collections took endless trips down memory lane, but the likes of Francesco Risso’s Marni and Simone Bellotti’s Bally delivered originality, reported Angelo Flaccavento. from The Business of Fashion https://ift.tt/jFNL7ZW

Ludovic de Saint Sernin to Guest Design Jean Paul Gaultier Couture

The designer will show during Paris’ haute couture week in January. from The Business of Fashion https://ift.tt/gw1leJY

How Adidas Engineered Its Big Comeback

Two years ago, Adidas was in crisis after terminating its Yeezy business. But since then, the brand has engineered a remarkable turnaround, led by CEO Bjørn Gulden and the success of its Samba sneakers. Gulden and other Adidas executives opened up about the changes that got the company back on track, and what’s next for the sneaker giant. from The Business of Fashion https://ift.tt/U2TcfwP

WOW = A World of Wonder

Saturday in Milan paraded fashion marvels from Bottega Veneta, Bally and Diesel, writes Tim Blanks. from The Business of Fashion https://ift.tt/7IAT0Vh

This Week: One Big Debut at Paris Fashion Week

Alessandro Michele’s first collection for Valentino will dominate the conversation this season. from The Business of Fashion https://ift.tt/OJajMri

What Does Pressure Look Like in Milan?

Gucci’s Sabato De Sarno and Moschino’s Adrian Appiolaza are both weighed by legacy. But life is much easier for one of them, writes Tim Blanks. from The Business of Fashion https://ift.tt/4ye3N89

Margherita Missoni’s Maccapani Brand Attracts Investment From Bizzarri Family, Collaborates With eBay

The family of former Gucci CEO Marco Bizzarri has taken a minority stake in the Italian knitwear scion’s new womenswear venture. from The Business of Fashion https://ift.tt/oCckyeO

Confronting the Future and the Past in Milan

Miuccia and Raf deal with algorithms at Prada while Fausto salutes the dead at Cavalli, writes Tim Blanks. from The Business of Fashion https://ift.tt/JypjC8U

Nike CEO John Donahoe to Step Down

The embattled chief executive will make way for Elliott Hill, a Nike veteran who had retired from the brand in 2020. from The Business of Fashion https://ift.tt/eJiOtrV

‘The Ordinary Becomes Extraordinary’: Adrian Appiolaza’s Moschino Vision Takes Shape

Under new creative direction, the Italian fashion house is rebalancing its surrealist, campy image with a more grounded silhouette. 'It was important to find the line between reality and theatricality,’ Appiolaza told BoF. from The Business of Fashion https://ift.tt/pJWsOat

Milan Goes to the Movies

The cinematic streak was strong in collections from Fendi, Marni and Jil Sander, writes Tim Blanks. from The Business of Fashion https://ift.tt/IX7Okep

Fed Cuts Rates by Half Point in Decisive Bid to Defend Economy

The Federal Reserve is aiming to bolster the labour market while signalling a cautious approach to future adjustments amid mixed economic indicators. from The Business of Fashion https://ift.tt/JRHpjZW

Fashion Executives on Finding Brand Success on TikTok

This September, BoF and TikTok co-hosted an intimate roundtable with executives from the likes of TikTok, LVMH, Calvin Klein, Fendi, Tiffany & Co., Van Cleef & Arpels and E.l.f. Beauty, to discuss how brands can effectively build digital intimacy with their communities and drive commercial results. from The Business of Fashion https://ift.tt/tjb0V95

Ozempic ‘Very Likely’ to Face Drug Price Negotiations, Novo Says

The US Centers for Medicare and Medicaid Services will announce the next set of 15 retail prescription drugs selected for negotiation by February 1, 2025. from The Business of Fashion https://ift.tt/jpPavx9

EssilorLuxottica Extends Smart Glasses Partnership With Meta

Although the launch of the first smart glasses struggled to gain traction among consumers, the latest version, introduced in late 2023, has sold more units in a few months than the previous ones did in two years. from The Business of Fashion https://ift.tt/D6sV2WI

Inside Luxury’s Italian Sweatshops Problem

An Italian probe linking luxury labels including Dior and Armani to labour exploitation — with the supply chains of up to a dozen more brands under the microscope — has exposed a seedy practice deeply embedded in the luxury system, creating an unpredictable PR crisis at a precarious time for the sector, a BoF investigation has found. from The Business of Fashion https://ift.tt/Q7GsZMY

London Designers Keep Calm and Carry On Being Creative

At London Fashion Week, designers largely stomached the market slowdown and got on with it, writes Susanna Lau. from The Business of Fashion https://ift.tt/a1vNiR2

London: What’s Next?

JW Anderson and Burberry come up with very different answers to that question, writes Tim Blanks. from The Business of Fashion https://ift.tt/WEHgFsJ

Michael Kors Highlights Handbag Market Diversity in FTC Hearing

Michael Kors testified about the nature of the competitive landscape of the handbag market, as the FTC scrutinises Tapestry’s $8.5 billion acquisition of Capri Holdings. from The Business of Fashion https://ift.tt/Ku2t1Bh

Announcing Aesop on BoF Careers

Check out this week’s new partners and openings on BoF Careers, the global marketplace for fashion talent. from The Business of Fashion https://ift.tt/o43qXPY

Why Beauty Brands Keep Getting Accused of Causing Hair Loss — and What They Can Do About It

Mielle Organics is the latest company to face viral claims its products cause hair loss and scalp injury. How it navigates the next few weeks will determine whether this is a short-term setback or a serious threat to its long-term viability. from The Business of Fashion https://ift.tt/q1GtrSc

How to Work With Creators and Their Communities on TikTok

As the ‘experts on the platform’, content creators on TikTok offer brands a critical means of access to the subcultures and communities that the entertainment platform typifies. BoF’s latest white paper, in partnership with TikTok, shares insights on the best practices to engage with and empower creators and communities on the platform, with examples from Coach, E.l.f. Beauty, Loewe, Marc Jacobs and many more. from The Business of Fashion https://ift.tt/EXS5IxO

Case Study | How to Create the Perfect E-Commerce Site

The best websites balance the jobs of inspiring customers via lush graphics and compelling storytelling, and maximising sales with a design that’s convenient, intuitive and easy to navigate. This case study explores how to achieve both goals and create the ideal online shopping experience. from The Business of Fashion https://ift.tt/1tRCpyQ

This Week: Burberry, Gucci and the Federal Reserve Could Surprise Us

Two struggling luxury brands will show their latest collections, while the US central bank is expected to make a long-anticipated cut to interest rates. from The Business of Fashion https://ift.tt/HKyO2Vq

World Afro Day Urges UK Parliament to Adopt Hair Discrimination Policy

Celebrities and advocates have penned an open letter campaigning to reform the 2010 Equality Act to include Black hairstyles to be protected against discrimination. from The Business of Fashion https://ift.tt/i3K780g

The BoF Podcast | Clare Waight Keller on Leadership in Fashion

Clare Waight Keller joins Imran Amed to discuss her zigzagging journey through the fashion industry, designing for American mainstays like Calvin Klein and Ralph Lauren; European luxury labels such as Chloé and Givenchy and most recently, mass retailer Uniqlo. from The Business of Fashion https://ift.tt/F5rgoWl

Shein Says Move to Close US De Minimis Loophole Won’t Hurt Competitive Advantage

The company’s on-demand business model gives it “not just a few points advantage, but a significant advantage,” executive chairman Donald Tang said in an interview. from The Business of Fashion https://ift.tt/NknEiWF

Givenchy Names Sarah Burton Its New Designer

The longtime Alexander McQueen creative director will be LVMH-owned Givenchy’s fourth designer in 10 years. Her debut show is set for March 2025. from The Business of Fashion https://ift.tt/yCbR3z5

Macy’s Targets Menswear Shoppers With New Private Label

Macy’s newest private label, “Mode of One,” is taking aim at the contemporary menswear shopper as the retailer tries to shore up its men’s apparel business. from The Business of Fashion https://ift.tt/B2H4l1R

New York Fashion Week Isn’t Dead

Big names, extravagant productions, a Google-sponsored shuttle bus and an overall sense of high energy all helped breathe new life into the shows this season. from The Business of Fashion https://ift.tt/EepmTO3

Scotch & Soda’s Next Chapter

Scotch & Soda is relaunching with a new strategic focus, backed by new owners Bluestar Alliance. BoF learns more. from The Business of Fashion https://ift.tt/ZPUcVSz

Hopes and Fears at New York Fashion Week

The intense political moment found its way onto the runway, wittingly or unwittingly, reports Lynn Yaeger. from The Business of Fashion https://ift.tt/X9Gsjfh

Sephora North America Appoints New Chief Financial Officer

Delphine Herve will succeed Christophe Le Boterff in April 2025 when he retires after eight years’ tenure. from The Business of Fashion https://ift.tt/lwVAyeP

The Supima Design Competition Showcases Fashion’s Next Generation at New York Fashion Week

Through partnerships with leading fashion schools across the US and a robust and growing network of alumni, the Supima Design Competition is setting up emerging design talent for success. from The Business of Fashion https://ift.tt/r71XWVH

Nike Shareholders Vote Against Proposal on Workers’ Rights

The sports giant’s shareholders have voted against a proposal to consider joining binding agreements with supply chain workers to better address human rights issues in high-risk countries. from The Business of Fashion https://ift.tt/Ec6ZsSJ

At NYFW, Models Push Governor to Sign Fashion Workers Act into Law

The Model Alliance delivered hundreds of letters from models and allies to New York Governor Kathy Hochul’s office Tuesday morning, calling on her to sign the act which passed in the state’s Senate and Assembly in July. from The Business of Fashion https://ift.tt/vkMg68u

After the ‘Toryssance’: Tory Burch’s Balancing Act

The American designer and entrepreneur revived industry chatter by updating her aesthetic. Now Burch—wary of straying too far from her roots—is fine-tuning the balance between stretching her creative limits while serving her loyalists. She’s also relaunching her trademark shoe. from The Business of Fashion https://ift.tt/UBfyQk3

French Brand Sessùn Sells Majority Stake to Italian Fund, Eyeing International Expansion

Italian private equity Quadrivio acquired a majority stake from Experienced Capital and the brand’s founder. With growth outside France in focus, investing in brand awareness takes centre stage. from The Business of Fashion https://ift.tt/pLFrKPn

Net-a-Porter Shifts Beauty to Affiliate Model

Known in the past as a key launchpad for luxury beauty labels like Dr. Barbara Sturm, Net-a-Porter’s beauty vertical is switching to an editorial-style affiliate model. from The Business of Fashion https://ift.tt/DaCfZYh

Leveraging TikTok for Brand and Sales Success

In BoF’s latest white paper, in partnership with TikTok, brand and marketing executives, independent analysts and TikTok business leaders share their insights on the best practices to acquire and engage audiences by honing platform-relevant brand, product and paid marketing strategies, with examples from Coach, E.l.f. Beauty, Marc Jacobs and many more. from The Business of Fashion https://ift.tt/67pJohK

European Luxury Shares’ $240 Billion Rout Is Just the Beginning

Analysts foresee a prolonged slowdown ahead for luxury firms as hopes of a quick turnaround wane and China’s downturn worsens. from The Business of Fashion https://ift.tt/anO3ACe

The Body Shop’s Remaining UK Stores Saved After Rescue Deal Agreed

The Body Shop has been rescued from administration by a consortium led by the British cosmetics tycoon Mike Jatania in a deal that will keep the ethical beauty brand’s remaining 113 UK stores trading. from The Business of Fashion https://ift.tt/BR87VJ9

This Week: Fashion Week, Nike’s Shareholder Meeting and Inditex Results

The shows continue in New York and London, while Nike’s board faces off against shareholders and Inditex reports results. from The Business of Fashion https://ift.tt/OxctISs

How to Apply AI-Powered Personalisation to Omnichannel Retail

BoF shares insights on the application of AI into omnichannel strategies to meet increasing consumer expectations that retail experiences be ‘composed’ to match their preferences, sourced from BigCommerce’s recent thought leadership. from The Business of Fashion https://ift.tt/GDOqIbe

Fashion Week Launches with a Political Statement

On Friday morning, the opening day of New York Fashion Week, runway glamour was put on pause in favour of political activism as the CFDA, in collaboration with Vogue and voting rights group I Am A Voter, spearheaded a non-partisan march to encourage people to register to vote. from The Business of Fashion https://ift.tt/sWJFIc5

How Ulla Johnson Played Fashion’s Long Game

After 25 years in business, Ulla Johnson has reached nine figures in annual sales by charting her own course, from resisting outside fundraising to embracing what she calls “slow fashion.” With a new CEO at the helm, she’s once again looking to enter the next stage of growth her own way. from The Business of Fashion https://ift.tt/F2eAv61

Fear of God Names Bastien Daguzan CEO

Daguzan is tasked with growing the brand's awareness, expanding its international distribution channels and reconfiguring e-commerce for global customers. from The Business of Fashion https://ift.tt/YmSUizJ

Shein’s Pop-Up Store Ruffles South African Retail Sector

The retailers’ debut pop-up store in South Africa has triggered controversy and tax changes aimed at protecting local retailers by increasing levies on low-value imports. from The Business of Fashion https://ift.tt/2Rm1E5v

Solving Fashion’s $163 Billion Buying and Sizing Inaccuracy Problem

As competition for customers’ discretionary spend intensifies, smart assortment planning — from size predictions to demand forecasting — can help brands and retailers stay ahead. BoF sits down with Style Arcade CEO and co-founder Michaela Wessels to learn more. from The Business of Fashion https://ift.tt/5ILSUsH

Bustle and W Magazine Owner BDG Closes Investment Round

The cash injection will be used to help the media company enact its turnaround strategy. from The Business of Fashion https://ift.tt/EfqsT20

Chow Tai Fook Jewellery Group Hires Gabriela Ferreira to Lead Global Push

Ferreira, who leads the Southeast Asia business for LVMH-owned Loewe, has been appointed the Hong Kong-based jeweller’s general manager, international. from The Business of Fashion https://ift.tt/DhF6rjo

Phoebe Philo Launches Brick-and-Mortar Wholesale

After launching as a direct-to-consumer, online-only venture, the LVMH-backed label is diversifying its distribution strategy from The Business of Fashion https://ift.tt/mtnSE26

Hong Kong Luxury Shops Sit Empty as Chinese Spending Plunges

Banks and fast food restaurants have taken over spaces once leased to the likes of Omega and Burberry in the iconic shopping destination. from The Business of Fashion https://ift.tt/YblzIcQ

Dior Taps Miu Miu CEO Benedetta Petrruzzo as Managing Director

The executive oversaw a period of explosive growth at Prada-owned Miu Miu. from The Business of Fashion https://ift.tt/C6HVgUI

Why Menswear Is Getting a Marketing Refresh

As critics argue that menswear labels’ homogenous marketing style has made for a feeling of boredom and sameness in the sector, start-ups are beginning to invest in imagery that will set them apart from their competitors. from The Business of Fashion https://ift.tt/Uli9DKq

Commercialising the Zeitgeist: Crafting a Successful TikTok Strategy

With a community exceeding 1 billion individuals, TikTok is a critical driver of success for fashion and beauty brands today. Partnering with TikTok, BoF shares exclusive internal insights and strategic analysis from a range of independent experts to identify how businesses can optimise their brand and product marketing performance on TikTok, and generate sales through its ads and commerce features. from The Business of Fashion https://ift.tt/gSwx8Xr

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 The Business of Fashion https://ift.tt/MWm17Tc

The Best Jobs on BoF Careers

Discover the most exciting career opportunities now available on BoF Careers — including jobs from Tapestry, Hoka and Toteme. from The Business of Fashion https://ift.tt/bkCJoO7

A Reality Check for Temu

Growth is slowing, competition is getting intense and regulators have the fast-fashion retailer in their sights. But despite investor panic over its prospects, Temu remains an e-commerce powerhouse — one that Western competitors must continue to watch. from The Business of Fashion https://ift.tt/2Q3au1O

This Week: New York Fashion Week Kicks Off

A host of international names, more churn among emerging labels and the usual American giants make for a thematically confusing, but commercially robust season. from The Business of Fashion https://ift.tt/5dID1NE