Chanel Extends Revamp as Fashion Head Pavlovsky Exits Board
The move follows CFO Philippe Blondiaux’s decision to retire at the end of this year after more than 15 years at Chanel.
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News & Analysis
Join Us Next Week for BoF VOICES in Sydney, Australia
BoF is hosting an intimate VOICES event at the iconic Sydney Opera House in Sydney, Australia, where we will discuss the future of retail and how to break into the global marketplace.
Workplace & Talent
Power Moves | Justin O'Shea to Brioni, Richemont Co-CEO Retires, Nike Hires Dave Dombrow
LONDON, United Kingdom — BoF compiles the most important professional moves of the week.
Sustainability
Social Goods | Armani Goes Fur-Free, Runway Diversity Report, Why Ethical Shoppers Bug Us
Social Goods is a weekly roundup of the most important news at the intersection of fashion and ethics, sustainability and corporate social responsibility.
Financial Markets
Hermès Full-Year Earnings Beat Estimates, Buoyed by Leather Goods, Japan
Hermès International SCA reported full-year earnings that beat analysts’ estimates, buoyed by sales of leather goods and demand in Japan.
Luxury
How Tom Kartsotis Is Banking on America
With Shinola, and now Filson, the founder of watchmaking behemoth Fossil wants to bring integrity to accessible luxury. But can he profit from good intentions?
Luxury
Armani Pledges to Go Fur-Free
Giorgio Armani has agreed to stop using fur for all its products, following years of lobbying by animal rights activists.
News & Analysis
Behind Prada’s Christophe Chemin Collaboration
How a dialogue between Miuccia Prada and Christophe Chemin turned his artwork into the in-the-know seasonal signifier of Prada’s Autumn/Winter 2016 collections.
News & Analysis
Richemont Co-CEO Fornas to Retire as Cartier Cuts Jobs
Richemont's co-chief executive officer Bernard Fornas will retire as the jewellery maker is in the midst of a job-cut plan at its top watchmaking brands, including Cartier, Vacheron Constantin and Piaget.
Technology
Nike Taps the Transformation Economy
As consumers increasingly value self-actualization over stuff, the global sportswear giant is staging transformative personal experiences in a bid to capitalise.
Luxury
How Comme des Garçons Grew Gosha Rubchinskiy
BoF spoke exclusively with Gosha Rubchinskiy and Adrian Joffe, president of Comme des Garçons, to learn how the company catalysed the rapid growth of the skater-inflected fashion label.
News & Analysis
Kering Sells Another Sports Brand, Boosts Speculation of Puma Exit
Kering continued to dismantle its sports and lifestyle unit with another disposal, boosting speculation the owner of Gucci may exit Puma, the ailing German shoemaker it bought in 2007.
News & Analysis
Condé Nast's Newhouse Family Said to Give $200M to Venture Fund
The Newhouse family, which owns Vogue publisher Condé Nast, is investing $200 million in a new fund that will target innovative media and technology companies.
The News in Brief
Zara Billionaire Owner Ortega Buys $550 Million Chicago Tower
Pontegadea Inversiones SL acquired the 51-story One North Wacker in the city’s business district in one of the biggest US office deals this year.
Laani and Boldpurity Are Among This Year’s Estée Lauder, Nykaa Beauty&You Winners
The programme, now in its fifth year, reflect the US beauty giant’s commitment to the Indian market.
Douglas Group Names New CEO
Jean-Marc Bellaiche will succeed outgoing Sander van der Laan as chief executive of the German beauty retailer.
Lululemon Makes Changes to Fabric Team After See-Through Mishaps
The changes at the leggings maker come after a customer backlash over quality issues.
THG Lifts 2026 Profit Forecast on Nutrition Demand
The UK e-commerce platform, which owns Dermstore and Lookfantastic, forecast 2026 adjusted core profit above market expectations, driven by strong demand for its sports nutrition and supplements brand and favourable whey protein prices.
Botswana Said to Near Agreement on Size of Its De Beers Stake
Ongoing talks between the nation’s government and Global Diamond Consortium are likely to see Botswana boost its stake in De Beers by 10 percent.
Rolex and Gold Were for US and Not Trump, Swiss Trade Chief Says
The goods delivered last November by a business delegation seeking relief from Trump’s onerous tariffs became a matter of national controversy in Switzerland.