Market Buzz& Industry News
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The Outlook for China’s $15 Billion Handbag Market09/13/2022
Despite economic headwinds, China is set to overtake the US as the world’s largest market for luxury handbags with domestic sales doubling in just six years. But to capture that growth potential, brands must refine their approach.
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Tapping Into the Future of Physical Retail — Download the Case Study08/12/2020
In the age of e-commerce, defining the role of the store is as daunting as ever. But a brick-and-mortar experience is vital to brand building. A store is still the most important touchpoint between consumer and product, and the right interaction could create a lifetime of loyalty. From Warby Parker’s digital-to-physical evolution to Neiman Marcus Group’s investments in customer service, BoF exa...
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The New Rules of Brick-and-Mortar Retail03/12/2019
Amid an ongoing 'retail apocalypse' that’s wiping out thousands of stores, retailers are staking their future on a new generation of brick-and-mortar shops that are radically different from their predecessors.
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Chiara Ferragni’s Manufacturer To Take On Just Cavalli 09/13/2022
Cavalli will transfer production and distribution of its junior line from OTB to a new partner, Swinger International, the maker of Versace Jeans Couture and Chiara Ferragni.
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Joules Group, Next Plc End Investment Talks, Shares Dive 45%09/13/2022
Joules Group said on Tuesday it was no longer in talks with retailer Next Plc over a potential £15 million ($17.29 million) equity investment in the British fashion group, sending its shares down more than 45 percent.
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Inside Vogue’s Runway Show Experiment09/12/2022
Anna Wintour’s New York-themed catwalk performance delivered celebrity appearances and a surprise performance from Lil Nas X.
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Women Are the Engine of American Fashion09/12/2022
From Khaite to Maryam Nassir Zadeh, female-led labels at New York Fashion Week place their customer at the centre of the narrative. Plus: Coach, Tommy Hilfiger and Vogue make mass-market bids.
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H&M, Decathlon to Make Donations, Dial Back Sustainability Claims to Avoid Dutch Greenwashing Crackdown09/13/2022
The two retailers have promised to “adjust or no longer use sustainability claims on their clothes and/or websites,” and ensure consumers are better-informed, according to a statement by The Netherlands’ Authority for Consumer Markets (ACM).
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Spanish Retailer DIA Considers Sale of Clarel Perfume Stores09/13/2022
DIA last month agreed to sell 235 stores to French privately-owned retailer Auchan for an undisclosed amount.
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Zara Billionaire Bets $700 Million in Move Into Us Logistics09/13/2022
Ortega family investment company Pontegadea bought five logistics centres in the US states of Tennessee, South Carolina, Virginia, Pennsylvania and Texas from Realty Income Corp. for about $722 million, in a deal reported by Spanish daily El Pais on Tuesday and confirmed by a Pontegadea official.
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Rent the Runway Tumbles After Unexpected Drop in Subscribers09/13/2022
The fashion rental company's shares fell 24 percent in post close trading after the company reported an unexpected decline in subscribers and said it was laying off staff as part of a restructuring plan.
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New York Fashion Week Discovery Showroom’s Designers to Watch09/12/2022
BoF meets 5 designers selected for the Black in Fashion Council’s Discovery Showroom to hear their strategies for success and the challenges they have overcome.
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Fila Taps Haider Ackermann For Latest Collaboration09/12/2022
The Colombian-French designer will design a one-off collection of menswear, womenswear and accessories for the sportswear giant, due to debut with a fashion show in Manchester on November 17.
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‘Vegan Leather’ or Plastic? A Materials Marketing Battle Heats Up09/12/2022
Fuzzy definitions and bad data have left fashion consumers facing an array of claims and counterclaims as new and established materials jostle to market their sustainability credentials.
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Burberry Reschedules Show and More London Fashion Week Schedule Updates09/12/2022
Updates regarding the London Fashion Week schedule — which now falls during the national period of mourning in the United Kingdom following the death of Queen Elizabeth II — continue to be released.
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Coach Taps Lil Nas X as Its Latest Ambassador 09/12/2022
The Tapestry-owned brand announced during its NYFW show that the American musician is the latest addition its ever-expanding team of ambassadors.
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Legendary Street Photographer William Klein Dies in Paris09/12/2022
Legendary street and fashion photographer William Klein has died in Paris, aged 96, his son said in a statement to French news agency AFP on Monday.
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US Holiday Sales Growth Likely to Slow as Inflation Hits Shoppers09/12/2022
Holiday spending growth is projected to slow to 7.1 percent from 8.5 percent a year earlier, according to the report, while online sales are expected to increase 4.2 percent building on last year’s substantial growth.
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BoF LIVE | Why the Menswear Market Is on Fire09/08/2022
Join us on Tuesday, September 13 as BoF’s Cathaleen Chen and Daniel-Yaw Miller are joined by industry insiders Chris Black, founder of Done to Death Projects and Christopher Morency, chief brand officer of Nanushka-owner Vanguards, to unpack what’s driving the unprecedented menswear boom.
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How to Network as a Fashion Professional09/12/2022
Fashion professionals, an organisational behaviourist and the founder of a global networking platform share their advice and actionable tips on networking today, from crafting that first reach-out message to strategically working an event space.
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Announcing 886 by The Royal Mint and Bugatchi09/12/2022
Check out this week’s new partners and openings on BoF Careers, the global marketplace for fashion talent.
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The Best Jobs on BoF Careers09/12/2022
BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from Gap Inc., JW Anderson and Joor.
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Prada Cuts Ties With Chinese Star Held in Prostitute Scandal09/12/2022
Chinese actor and singer Li Yifeng was arrested by Beijing police on charges of “soliciting prostitution on multiple occasions,” and reportedly confessed to the allegation, according to a Weibo post by the Beijing Municipal Public Security Bureau and a report by state-run CCTV.
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Heading Into London Fashion Week, Brands Have Some Tough Calls to Make09/11/2022
This week, Britain’s fashion industry is weighing its options as the nation mourns the death of Queen Elizabeth II.
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The Business of Being Law Roach09/11/2022
The celebrity stylist has built a business that goes well beyond the red carpet, from magazine covers and marketing campaigns to judging reality television competitions and getting billionaires seated at couture shows. He spoke with BoF about his approach to building a multi-hyphenate empire.
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Richemont’s E-Commerce Ambitions: End or New Beginning?09/11/2022
After negotiating a staged exit from Yoox Net-a-Porter in exchange for shares in Farfetch, the Swiss group could hold a 25-percent stake in the fashion platform within 5 years.