China Wealth Crackdown Lifts Hong Kong Watch and Jewellery Sales
Rich shoppers are turning to gold and gemstones to preserve wealth, softening the blow for luxury giants like Hermès and Richemont as Beijing tightens its grip on overseas assets.
Founder Stories
Luxury
The Mystery Mogul Behind Off-White
The opaque Milanese holding company New Guards Group has birthed many of luxury streetwear’s most-hyped brands, including Off-White, Palm Angels, County of Milan and Heron Preston. In his first-ever interview, quiet mastermind Davide De Giglio reveals how he has built a business that will generate €420 million in sales this year.
Retail
How Zalando Is Fighting Off Amazon and Building the Spotify of Fashion
Ten years ago, Robert Gentz and David Schneider founded what has become Europe’s biggest fashion e-commerce player. Now, Amazon is targeting their turf, but the duo has bigger plans: an operating system for fashion.
News & Analysis
Michael Preysman on Iterating Everlane and ‘Fixing’ Fashion Retail
Amidst market reports that Everlane is seeking new investment at a valuation ‘north of $250 million,’ BoF’s Vikram Alexei Kansara talks to the company’s founder about how he built a direct-to-consumer fashion brand rooted in ‘radical transparency.’
Retail
Malte Huffmann of Dafiti on Cracking Fashion E-Commerce in Latin America
In the latest instalment of Founder Stories, Malte Huffmann of Rocket Internet-backed Dafiti talks to Vikram Alexei Kansara about building the biggest fashion e-commerce player in Latin America.
ADVERTISEMENT
Workplace & Talent
Julie Wainwright of The RealReal on Why Experience Matters
SAN FRANCISCO, United States — In Silicon Valley, amidst a start-up scene dominated by founders in their twenties, Julie Wainwright, 57, is something
Technology
Mukesh Bansal, Online Fashion Guru to India’s Masses
Start-up founders are natural multitaskers. But for Mukesh Bansal — founder and chief executive of Myntra, India’s leading fashion e-commerce player — building a winning business required the focus to resist doing too many things at once, while finding the right blend of fashion and technology.
News & Analysis
Nathalie Gaveau on PriceMinister, Shopcade and Tapping Social Commerce
In the latest instalment of Founder Stories, a series highlighting the personal and professional journeys of fashion’s most dynamic entrepreneurs, BoF speaks with Nathalie Gaveau, co-founder of PriceMinister and founder and chief executive of fashion-focused social commerce app Shopcade.
News & Analysis
Tamara Hill-Norton of Sweaty Betty on Seizing the Opportunity in Activewear
In the latest instalment of Founder Stories, a series highlighting the personal and professional journeys of fashion’s most dynamic entrepreneurs, BoF speaks with Tamara Hill-Norton of Sweaty Betty, one of the first companies to see and seize the opportunity in activewear.
ADVERTISEMENT
News & Analysis
Jessica Herrin of Stella & Dot on Remaking Direct Sales for the Digital Age
In the latest instalment of Founder Stories, a series highlighting the personal and professional journeys of some of fashion’s most dynamic entrepreneurs, BoF speaks with Jessica Herrin, founder and chief executive of "social selling" jewellery and accessories company Stella & Dot.
News & Analysis
Jess Lee's Journey From Polyvore Superuser to CEO
Vikram Alexei Kansara sits down with Jess Lee, co-founder and CEO of Polyvore, a community-driven fashion discovery site that aims to create 'an army of Anna Wintours.'
News & Analysis
Blake Mycoskie of Toms on Social Entrepreneurship and Finding His ‘Business Soulmate’
In the latest instalment of Founder Stories, a series highlighting the personal and professional journeys of some of fashion’s most dynamic entrepreneurs, BoF speaks with Blake Mycoskie, founder of Toms.
News & Analysis
Andy Dunn of Bonobos on Building the Armani of the E-Commerce Era
In the latest instalment of Founder Stories, a series highlighting the personal and professional journeys of some of fashion’s most dynamic entrepreneurs, BoF speaks with Andy Dunn, co-founder and CEO of men’s apparel brand Bonobos.
The News in Brief
Australian Department Store David Jones Collapses After Almost 200 Years
The template of vast stores with dozens of fashion brands, beauty products and other accessories succumbed as the digital era drove shoppers to cheaper, nimbler online rivals.
Coty Tops Estimates on Prestige Brands Boost Amid Turnaround
The US cosmetics conglomerate said launches from Marc Jacobs and Burberry helped boost revenues, though its full-year guidance is below consensus.
E.l.f. Beauty Sales Lift 51%
The US cosmetics giant raised its full-year sales outlook to over $2 billion as Rhode’s global expansion continues to power its revenue growth.
Shein Invests €500 Million in Europe as Customs Rules Tighten
The online retailer said it will expand its logistics hub in Poland as it grapples with stricter customs regulations in Europe.
Remington Owner Spectrum Makes Unsolicited Push to Buy Helen of Troy
The owner of consumer brands like George Foreman and Remington said it has made multiple offers to buy the publicly listed parent company of Olive and June, Drybar and Hydro Flask.
PAI Partners to Acquire Elemis from L’Occitane
The French private equity group announced on Wednesday that it will buy the UK skin and body care brand for an undisclosed sum.
Estée Lauder Sets 2030 Growth, Margin Targets as Turnaround Advances
At its capital markets event in Shanghai, leadership said it aims to deliver mid-single-digit organic net sales growth through fiscal 2030, and unveiled a new cost-cutting and strategic roadmap.