Olaplex Names New CEO
Christoph Kaul will succeed Amanda Baldwin, who led the hair care label through its acquisition by Henkel earlier this year.
This Week in Fashion
What's up, down and making news this week in the fashion and beauty businesses.
Sports
Why Nike Is No Longer a Blue Chip Stock
Nike will be removed from the S&P 100 later this month as the brand’s stock continues to plummet. This is the latest sign of lost faith in the Portland-based company from industry investors that feels almost impossible to gain back.
Why Nike Is No Longer a Blue Chip Stock
Nike will be removed from the S&P 100 later this month as the brand’s stock continues to plummet. This is the latest sign of lost faith in the Portland-based company from industry investors that feels almost impossible to gain back.
Creative Class
Galliano, Anna Wintour and the Met: What Comes Next?
This week’s decision to pull the plug on a major retrospective on the star couturier amid a growing backlash over his history of antisemitic remarks raises more questions than it answers.
Galliano, Anna Wintour and the Met: What Comes Next?
This week’s decision to pull the plug on a major retrospective on the star couturier amid a growing backlash over his history of antisemitic remarks raises more questions than it answers.
Marketing
Caution: Marketing Roadblocks Ahead
This week, Meta agreed to pay up to $17 billion and implement significant changes to Facebook and Instagram to resolve claims that its platforms endangered children, with big implications for the social media industry and the marketers who depend on it.
Caution: Marketing Roadblocks Ahead
This week, Meta agreed to pay up to $17 billion and implement significant changes to Facebook and Instagram to resolve claims that its platforms endangered children, with big implications for the social media industry and the marketers who depend on it.
Retail
Mike Ashley’s Luxury Bet Is Getting Bigger, but Does It Add Up?
The billionaire’s Frasers Group has added Harvey Nichols and an increased stake in Hugo Boss to a growing collection of high-end brands and retailers. Can they become part of a coherent luxury empire?
Mike Ashley’s Luxury Bet Is Getting Bigger, but Does It Add Up?
The billionaire’s Frasers Group has added Harvey Nichols and an increased stake in Hugo Boss to a growing collection of high-end brands and retailers. Can they become part of a coherent luxury empire?
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Technology
What Founders Can Learn From Phia’s Mistakes
Behind Phia’s unfolding scandal lies a series of avoidable strategic and reputational blunders. Here are seven critical takeaways for founders building a fashion startup.
What Founders Can Learn From Phia’s Mistakes
Behind Phia’s unfolding scandal lies a series of avoidable strategic and reputational blunders. Here are seven critical takeaways for founders building a fashion startup.
Luxury
Blazy or Bust: Luxury’s Zero Sum Game
Chanel’s surging sales underscore that the luxury industry’s challenges may be less about demand than desirability.
Blazy or Bust: Luxury’s Zero Sum Game
Chanel’s surging sales underscore that the luxury industry’s challenges may be less about demand than desirability.
Luxury
Luxury’s Mid-Year Review
How are designer revamps landing? Can logo-free luxury stay on top? BoF checks in on LVMH and Kering’s Q2, the French presidential race and more.
Luxury’s Mid-Year Review
How are designer revamps landing? Can logo-free luxury stay on top? BoF checks in on LVMH and Kering’s Q2, the French presidential race and more.
Marketing
Why Is ‘Influencer’ Still a Dirty Word?
Influencer marketing represents a nearly $44 billion dollar industry that’s set to surpass traditional media, but a stigma around its personalities and economics still persists. Should it?
Why Is ‘Influencer’ Still a Dirty Word?
Influencer marketing represents a nearly $44 billion dollar industry that’s set to surpass traditional media, but a stigma around its personalities and economics still persists. Should it?
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Retail
Can Jonathan Saunders Spark a Kate Spade Revival?
Saunders, the brand’s first creative director in five years and a skilled colourist, promises to give Kate Spade the clarity it has long lacked. Now, Tapestry must apply the same long-term brand-building discipline that fueled Coach’s success.
Can Jonathan Saunders Spark a Kate Spade Revival?
Saunders, the brand’s first creative director in five years and a skilled colourist, promises to give Kate Spade the clarity it has long lacked. Now, Tapestry must apply the same long-term brand-building discipline that fueled Coach’s success.
Retail
Why Shein Is Worth Far Less Than Before
This week, Shein received approval for a long-awaited IPO targeting a valuation of around $40 billion, a steep markdown from its peak valuation of $100 billion in 2022 due to slowing growth, regulatory hurdles and a weak consumer environment.
Why Shein Is Worth Far Less Than Before
This week, Shein received approval for a long-awaited IPO targeting a valuation of around $40 billion, a steep markdown from its peak valuation of $100 billion in 2022 due to slowing growth, regulatory hurdles and a weak consumer environment.
Beauty
Gucci Beauty’s Identity Crisis
This week, Coty’s agreement to relinquish Gucci’s beauty licence one year ahead of schedule was a major win for Kering and L’Oréal, but making the most of the opportunity will require Gucci to assert a more stable brand identity separate from its revolving cast of designers.
Gucci Beauty’s Identity Crisis
This week, Coty’s agreement to relinquish Gucci’s beauty licence one year ahead of schedule was a major win for Kering and L’Oréal, but making the most of the opportunity will require Gucci to assert a more stable brand identity separate from its revolving cast of designers.
Retail
Americana Sells. Why Are Brands Afraid of Celebrating America?
The resurgence of Americana has fuelled growth for brands like Ralph Lauren, but America’s 250th anniversary is exposing how difficult it has become to separate national identity from politics.
Americana Sells. Why Are Brands Afraid of Celebrating America?
The resurgence of Americana has fuelled growth for brands like Ralph Lauren, but America’s 250th anniversary is exposing how difficult it has become to separate national identity from politics.
The News in Brief
Perelel Expands C-Suite, Tapping Rare Beauty’s CMO
Known for its prenatal vitamins, the wellness label has hired Rare Beauty's Ashley Murphy as its chief marketing officer, while Anjelika Temple moves into the chief creative officer role.
Swiss Watch Exports Grow for Fourth Month, Overcoming US Slump
Exports in August were buoyed by China and Japan, despite a sharp decline in shipments to the US.
Alexandre Arnault Joins Nike’s Board of Directors
The LVMH executive joins Nike’s board as the sportswear giant prepares to be removed from the S&P 100 index after nearly two decades.
Matthieu Blazy, Sarah Burton, Haider Ackermann Among Nominees for BFC Designer of the Year
The Fashion Awards ceremony, set for Nov. 30, will also recognise the BFC’s second Vanguard award recipient, recognising emerging British design talent.
Supergoop Announces Chief Commercial Officer
The sunscreen label has appointed former Coty executive Jamie Parker to the newly created role as it gears up to become a “global skin health company.”
Mytheresa Owner’s Sales Rise as Ultra Wealthy Keep Shopping
LuxExperience posted a rise in sales as the luxury multibrand platform’s strategy of catering to the ultra wealthy helped it navigate a difficult environment for high-end fashion.
The Independents Acquires Production Studio Smuggler
The global collective has brought film studio Smuggler under its umbrella to bolster its entertainment capabilities.