Reformation Valued at $886 Million in NYSE Debut
The Permira-backed womenswear retailer and some of its shareholders had raised $211 million in its IPO on Wednesday, with shares opening at $15 apiece.
artificial-intelligence
News & Analysis
BoF VOICES 2023: An Inflection Point for AI
Generative AI is already changing fields such as design and marketing, and while it presents a number of very real threats, it also holds potential benefits for all of humanity.
BoF VOICES 2023: An Inflection Point for AI
Generative AI is already changing fields such as design and marketing, and while it presents a number of very real threats, it also holds potential benefits for all of humanity.
News & Analysis
BoF VOICES 2023: Craft, Culture and Colonial Legacies
Bottega Veneta designer Matthieu Blazy, Gap Inc CEO Richard Dickson, Brunello Cuccinelli and others discussed craft, culture, brand building and more, while a panel of sustainability stakeholders examined the colonial dynamics embedded in fashion’s climate crisis.
BoF VOICES 2023: Craft, Culture and Colonial Legacies
Bottega Veneta designer Matthieu Blazy, Gap Inc CEO Richard Dickson, Brunello Cuccinelli and others discussed craft, culture, brand building and more, while a panel of sustainability stakeholders examined the colonial dynamics embedded in fashion’s climate crisis.
News & Analysis
BoF Masterclass | The State of Fashion 2024
BoF’s Imran Amed and McKinsey’s Achim Berg unpack what opportunities and challenges businesses should look out for in the year ahead.
BoF Masterclass | The State of Fashion 2024
BoF’s Imran Amed and McKinsey’s Achim Berg unpack what opportunities and challenges businesses should look out for in the year ahead.
News & Analysis
BoF VOICES 2023: AI and the Human Touch
Artificial intelligence, preserving a sense of humanity and the power of representation were just a few of the topics covered by speakers including Chanel CEO Leena Nair.
BoF VOICES 2023: AI and the Human Touch
Artificial intelligence, preserving a sense of humanity and the power of representation were just a few of the topics covered by speakers including Chanel CEO Leena Nair.
Technology
Revolve Is Selling Clothes Designed by AI
The online retailer dropped its first collection of physical garments based on designs from the winners of AI Fashion Week.
Revolve Is Selling Clothes Designed by AI
The online retailer dropped its first collection of physical garments based on designs from the winners of AI Fashion Week.
Technology
UK, US, EU and China Sign Declaration of AI’s ‘Catastrophic’ Danger
The UK, US, EU and China have all agreed that artificial intelligence poses a potentially catastrophic risk to humanity.
UK, US, EU and China Sign Declaration of AI’s ‘Catastrophic’ Danger
The UK, US, EU and China have all agreed that artificial intelligence poses a potentially catastrophic risk to humanity.
Technology
Generative AI’s Big ‘Flaw’ May Also Be Its Superpower
Designers say the technology’s disregard for real-world considerations like standard clothing construction or basic physics, as well as its vulnerability to “hallucinations,” are its most powerful asset but also one of the biggest challenges in using it.
Generative AI’s Big ‘Flaw’ May Also Be Its Superpower
Designers say the technology’s disregard for real-world considerations like standard clothing construction or basic physics, as well as its vulnerability to “hallucinations,” are its most powerful asset but also one of the biggest challenges in using it.
Technology
Ssense Launches an AI-Based Personal Styling Chatbot
The online retailer has a new generative-AI chatbot to help users with their styling and shopping questions, but unlike other AI chatbots launched by big fashion retailers, this one integrates directly into ChatGPT.
Ssense Launches an AI-Based Personal Styling Chatbot
The online retailer has a new generative-AI chatbot to help users with their styling and shopping questions, but unlike other AI chatbots launched by big fashion retailers, this one integrates directly into ChatGPT.
Marketing
Why Surrealist Marketing Is Suddenly Everywhere
Brands including Jacquemus, Tod’s, Isabel Marant, and Victoria Beckham are experimenting with eccentric and absurd CGI marketing campaigns.
Why Surrealist Marketing Is Suddenly Everywhere
Brands including Jacquemus, Tod’s, Isabel Marant, and Victoria Beckham are experimenting with eccentric and absurd CGI marketing campaigns.
Technology
Generative AI Is Proving a Tough Sell to Fashion’s Next Generation
Many fashion students, far from being unmitigated technophiles, are still distrusting of the technology, while educators at schools from London’s Central Saint Martin to Parsons in New York are navigating how best to approach it.
Generative AI Is Proving a Tough Sell to Fashion’s Next Generation
Many fashion students, far from being unmitigated technophiles, are still distrusting of the technology, while educators at schools from London’s Central Saint Martin to Parsons in New York are navigating how best to approach it.
Technology
How Generative AI Could Perpetuate Fashion’s Biases
With the industry starting to use the technology for everything from campaign imagery to shopping assistants, it risks replicating biases based on race, body type, age and disability that it has spent years loudly claiming it wants to move past.
How Generative AI Could Perpetuate Fashion’s Biases
With the industry starting to use the technology for everything from campaign imagery to shopping assistants, it risks replicating biases based on race, body type, age and disability that it has spent years loudly claiming it wants to move past.
Technology
AI Marketing Stunts Are Here. Is Fashion Ready?
It’s only getting easier to create AI-generated content like the Balenciaga-Harry Potter mashup, but whether brands should be concerned about how their images are used or try to get in on the action themselves is up for debate.
AI Marketing Stunts Are Here. Is Fashion Ready?
It’s only getting easier to create AI-generated content like the Balenciaga-Harry Potter mashup, but whether brands should be concerned about how their images are used or try to get in on the action themselves is up for debate.
The News in Brief
Puig Reports First-Half Revenue Growth After Estee Lauder Talks End
The Spanish beauty company reported first-half revenue growth on strong demand for makeup from Charlotte Tilbury.
Canada Goose Beats Revenue Estimates as Demand Holds Up
The outerwear brand beat expectations for first-quarter revenue, but new US tariffs on Canadian could affect future earnings.
Steven Madden Tops Expectations and Lifts Full-Year Outlook
The retailer raised its full-year revenue forecast again as its integration of luxury brand Kurt Geiger last year provided a tailwind.
Reformation and Its Backers Raise $210.9 Million in IPO
The womenswear brand and shareholders including private-equity backer Permira raised new funds in an IPO that priced shares at the bottom of the marketed range.
Adidas Shares Plunge After World Cup Spend Dents Profit
Shares in the company fell the most on record after its marketing outlay for the World Cup resulted in lower-than-expected quarterly profit.
British Fashion Council to Boost UK Fashion Beyond London
The new national initiative, Fashion Britain, aims to increase growth, innovation and participation in the industry across key cities.
Hermès’ Chief Watches China’s Pork Prices to Gauge Luxury Demand
When it comes to gauging the possibility of a sales rebound for his luxury group in China, Hermès executive chairman Axel Dumas turns to an unusual metric.