Shein Outsells British Rival Asos as UK Revenue Hits $3.41 Billion
The ultra-fast fashion company said sales had been bolstered by marketing partnerships with music festivals, a pop-up shop on London’s Oxford Street and local Christmas gift events.
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News & Analysis
Condé Nast Chairman Chuck Townsend Retiring
The chairman of Condé Nast is retiring amidst sweeping changes at the print-led media giant, as it tries to transform itself into a major digital player.
News & Analysis
John Galliano, Mario Testino, Amber Valletta and Joan Smalls to Speak at VOICES
The Business of Fashion is pleased to reveal the latest wave of speakers at VOICES, BoF’s new annual gathering for big thinkers.
News & Analysis
BoF Exclusive | Carine Roitfeld and Stephen Gan Part Ways
Carine Roitfeld and Stephen Gan have terminated their partnership on CR Fashion Book, BoF can confirm.
News & Analysis
Are You One of Fashion's Future VOICES?
Today, BoF and Topshop launch a global competition to identify 10 breakthrough talents to present their ideas at VOICES, BoF’s new annual gathering for big thinkers.
Art
How LACMA’s Art + Film Gala Became ‘the Met Ball of the West’
In a city studded with red carpets, the annual benefit — deftly orchestrated by Eva Chow — stands at the growing intersection of art, fashion and entertainment.
Creative Class
Phyllis Posnick: Mistress of the 'Stopper'
Phyllis Posnick's visually-arresting images have defined her three-decade career. As her archive of work is compiled in a book, the stylist talks to Tim Blanks about her years at Vogue and working with Irving Penn.
Workplace & Talent
Power Moves | Designer Duo Departs Carven, Balenciaga Names CEO
This week, co-artistic directors Alexis Martial and Adrien Caillaudaud have parted ways with Carven, and Balenciaga has appointed Cédric Charbit as chief executive officer.
Beauty
Sam McKnight’s Natural Touch
With a solo exhibition set to launch at London's Somerset House, the legendary hair stylist Sam McKnight opens up about Karl Lagerfeld, Princess Diana and the future of fashion.
Luxury
BoF Exclusive | Marco Bizzarri on Gucci’s Remarkable Turnaround
Speaking exclusively to BoF, Gucci president and chief executive Marco Bizzarri reveals the secrets behind the company’s comeback — and his decision not to markdown any of Alessandro Michele’s future collections.
News & Analysis
Renzo Rosso's OTB Acquires Majority Stake in Paula Cademartori
Renzo Rosso's Only The Brave has acquired a majority stake in Brazilian accessories brand Paula Cademartori.
News & Analysis
Kering Results Show 17% Surge at Gucci, Slip at Bottega Veneta
Gucci confirmed its turnaround with a 17 percent rise in third-quarter comparable sales, helping make up for a 10.9 percent sales drop at sister brand Bottega Veneta, parent Kering said on Tuesday.
Luxury
Hugo Boss CEO Wants to Abandon Luxury Segment
German fashion house Hugo Boss is planning to abandon the luxury market and go back to its roots of selling premium men's clothing.
The News in Brief
Nike, Patagonia and Lululemon Join Group Battling Microfibre Pollution
Global environmental non-profit The Nature Conservancy has launched a new industry coalition to help apparel companies tackle microfibre pollution across their supply chains.
Meta Bans Ads From TikTok on Its Apps
The policy bars ads from ByteDance, which remains in charge of key parts of TikTok, and extends to third-party advertisers running campaigns that link to TikTok.
Gap to Use Athleta Leader’s Exit to Rebuild Slumping Brand
The departure of Athleta’s CEO for Lululemon is a chance to ‘reimagine the brand’s path forward,’ Gap Inc. CEO Richard Dickson wrote in an internal memo viewed by Bloomberg.
Harvey Nichols’ Birmingham Store Will Close in January
The department store’s Leeds and Bristol outlets will be converted to the Flannels brand in a shake-up under Mike Ashley’s Frasers Group, which purchased the chain when it was put into administration in mid-August.
Zankov Appoints Its First CEO
Jack Tobin is joining Diane von Furstenberg artistic director Henry Zankov’s namesake label as CEO and part owner.
LVMH, Kering Update Model Safety Guidelines
Nearly a decade since the luxury groups first published a charter of model protections, they are introducing new measures to protect those working in the industry.
Lululemon Hires Athleta Head in Management Shakeup
Maggie Gauger is joining Lululemon as chief product officer as new CEO Heidi O’Neill looks to revive sales.