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Luxury

Chanel Owners and L’Oréal Heir Investing in Olsens’ The Row

The Wertheimer family and Francoise Bettencourt Meyers’ Tethys Invest have acquired minority stakes in The Row, valuing the Olsen sisters’ luxury label at approximately $1 billion, with Imaginary Ventures also joining the investment.


Beauty

Glossier Names a New Class of Grantees

The latest recipients of Glossier’s Grant Programme, which awards $50,000 and mentorship to Black-founded brands, include Tonal Cosmetics, The UnBraider, The Renatural, and Dr. Rosemarie Ingletin.


Beauty

A Deodorant Brand Bets on The ‘Aesop Effect’

Daniel Bense, a former Aesop executive, is putting his learnings from the Australian megabrand to work in a new premium personal care company.


Retail

Victoria’s Secret Relaunches Activewear Line VSX

The lingerie giant is set to reenter the category it exited in recent years with a new performance-driven collection.


Sustainability

Milan Proposes Supply-Chain Database Amid Sweatshops Probe

The Prefecture of Milan is aiming to beef up the fashion sector’s monitoring systems after an investigation by Milanese prosecutors found labour exploitation in the supply chains of luxury brands including Armani and Dior. The scheme currently in draft would be voluntary and limited to the Lombardy region.


Fashion Week

Hopes and Fears at New York Fashion Week

The intense political moment found its way onto the runway, wittingly or unwittingly, reports Lynn Yaeger.


Technology

How AI Could Change Online Product Search and Discovery

As generative AI is incorporated into our everyday lives, most recently through Apple’s introduction of the technology into its latest iPhone, it stands to affect how consumers research, discover and buy products online.


Luxury

LVMH Close to F1 Sponsorship Deal for Range of Brands

The French luxury conglomerate is in late stage talks to become a major sponsor of Formula One in a deal that could see brands beyond Tag Heuer on the track.


Beauty

How Franchising Can Help Beauty Start-Ups Grow

More brands are charting brick-and-mortar expansions through franchise partners despite the challenges that come with the business model.


Beauty

Trinny London Opens Its First Flagship Store

The UK-based digitally native beauty start-up’s yellow storefront on King’s Road is a major element of its push to reach $100 million in annual sales.


Fashion Week

Can Off-White Get Back on Track?

In recent years, the death of founder Virgil Abloh, a troubled push upmarket and the near implosion of Farfetch have dealt severe blows to one of the world’s most successful luxury streetwear brands. Off-White CEO Cristiano Fagnani sat down with BoF to outline his ‘reset’ strategy.


Sustainability

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.