Perfume Maker Givaudan’s Sales Beat Estimates, Tariff Paybacks Weigh on Shares
Givaudan’s second-quarter organic sales came in ahead of market estimates on Thursday, but its shares fell 5 percent on litigation costs and tariff repayments.
digitisation
Technology
The Metaverse Crash Is Exactly the Moment to Take the Metaverse Seriously
Many of the high-flying concepts and companies that led the charge into the metaverse and web3 have come crashing down to earth. Ironically, this makes it exactly the right time to take these visions of the future seriously, argues Doug Stephens.
The Metaverse Crash Is Exactly the Moment to Take the Metaverse Seriously
Many of the high-flying concepts and companies that led the charge into the metaverse and web3 have come crashing down to earth. Ironically, this makes it exactly the right time to take these visions of the future seriously, argues Doug Stephens.
Partner Content
Making Augmented Reality Work for Fashion
At VOICES 2022, BoF and Snapchat hosted a conversation between fashion leaders and innovative thinkers on how brands can utilise augmented reality to increase acquisition and deepen relationships with consumers.
Making Augmented Reality Work for Fashion
At VOICES 2022, BoF and Snapchat hosted a conversation between fashion leaders and innovative thinkers on how brands can utilise augmented reality to increase acquisition and deepen relationships with consumers.
Partner Content
Streamlining Shipping and Customer Experience Through Data and AI
FedEx’s ShopRunner is an expedited shipping service offering retailers access to its software ecosystem and consumer insights to streamline their backend pain points. Now, BoF shares insight on how retailers can utilise operational data to optimise customer experience.
Streamlining Shipping and Customer Experience Through Data and AI
FedEx’s ShopRunner is an expedited shipping service offering retailers access to its software ecosystem and consumer insights to streamline their backend pain points. Now, BoF shares insight on how retailers can utilise operational data to optimise customer experience.
Technology
Case Study | How to Take the Friction Out of Commerce
Tools and services are helping fashion and beauty industries stem the billions of dollars they reportedly lose due to abandoned carts by taking the friction out of the checkout stage, online and off.
Case Study | How to Take the Friction Out of Commerce
Tools and services are helping fashion and beauty industries stem the billions of dollars they reportedly lose due to abandoned carts by taking the friction out of the checkout stage, online and off.
News & Analysis
BoF VOICES 2022: Technology For a Better World
The technology that will replace the smartphone, tools that enable us to be our best selves and tech-based solutions to address critical global challenges were among the topics discussed by speakers like former Apple designer Imran Chaudhri, Dame Stephanie Shirley and Shopify president Harley Finkelstein.
BoF VOICES 2022: Technology For a Better World
The technology that will replace the smartphone, tools that enable us to be our best selves and tech-based solutions to address critical global challenges were among the topics discussed by speakers like former Apple designer Imran Chaudhri, Dame Stephanie Shirley and Shopify president Harley Finkelstein.
News & Analysis
The State of Fashion 2023: Resilience in the Face of Uncertainty
The seventh annual State of Fashion report by The Business of Fashion and McKinsey & Company reveals the industry is heading for a global slowdown in 2023 as macroeconomic tensions and slumping consumer confidence chip away at 2022′s gains. Download the full report to understand the 10 themes that will define the industry and the opportunities for growth in the year ahead.
The State of Fashion 2023: Resilience in the Face of Uncertainty
The seventh annual State of Fashion report by The Business of Fashion and McKinsey & Company reveals the industry is heading for a global slowdown in 2023 as macroeconomic tensions and slumping consumer confidence chip away at 2022′s gains. Download the full report to understand the 10 themes that will define the industry and the opportunities for growth in the year ahead.
Technology
Virtual Reality’s Best Use in Fashion May Be For Design
The technology is letting designers create 3D products in a 3D environment, speeding the design process and allowing early concepts to be more spatially accurate.
Virtual Reality’s Best Use in Fashion May Be For Design
The technology is letting designers create 3D products in a 3D environment, speeding the design process and allowing early concepts to be more spatially accurate.
Technology
How Virtual Sampling Went Mainstream
There’s been an uptick in brands from footwear to luxury adopting the technology as they look to speed up their processes, cut costs and burnish their sustainability credentials.
How Virtual Sampling Went Mainstream
There’s been an uptick in brands from footwear to luxury adopting the technology as they look to speed up their processes, cut costs and burnish their sustainability credentials.
Partner Content
Luxury’s Opportunities for Growth Through Innovation and Sustainability
In Paris, Shopify and BoF gathered executives from Jacquemus, Coperni, Isabel Marant, Patou, Giambattista Valli, Marine Serre, Paco Rabanne, Ami, Vestiaire Collective and Early Majority to discuss the strategic imperatives required to navigate the uncertain socio-economic environment, and reimagine how the industry operates.
Luxury’s Opportunities for Growth Through Innovation and Sustainability
In Paris, Shopify and BoF gathered executives from Jacquemus, Coperni, Isabel Marant, Patou, Giambattista Valli, Marine Serre, Paco Rabanne, Ami, Vestiaire Collective and Early Majority to discuss the strategic imperatives required to navigate the uncertain socio-economic environment, and reimagine how the industry operates.
Retail
How to Plan Your Retail Footprint
For up-and-coming brands, a few small, cleverly designed stores in the right locations can have a bigger impact than a giant flagship
How to Plan Your Retail Footprint
For up-and-coming brands, a few small, cleverly designed stores in the right locations can have a bigger impact than a giant flagship
Technology
AI Is Designing Clothes Now
Companies are starting to pitch AI tools that can generate new clothing designs from something as simple as a text description.
AI Is Designing Clothes Now
Companies are starting to pitch AI tools that can generate new clothing designs from something as simple as a text description.
Luxury
Why Luxury’s Counterfeit Problem Is Getting Worse
It’s easier than ever for consumers to buy fakes online. But the spike in counterfeit sales may also have something to do with how brands themselves are pricing and marketing their products.
Why Luxury’s Counterfeit Problem Is Getting Worse
It’s easier than ever for consumers to buy fakes online. But the spike in counterfeit sales may also have something to do with how brands themselves are pricing and marketing their products.
The News in Brief
Trump to Impose Forced Labour Duties on Friday as Temporary 10% US Tariffs Expire
The move is the White House’s latest effort to restore Trump’s campaign vision of a near-global tariff after the US Supreme Court in February struck down his ‘reciprocal’ duties.
LVMH Appoints General Manager of Fragrance
Givenchy executive Yann Musquin will lead the group’s fragrance portfolio, succeeding longtime division head Romain Spitzer.
India Changes Rule in Win for Foreign E-Commerce Companies
In a major win for Amazon, which lobbied for the change, the government will allow foreign e-commerce companies to buy products directly from Indian sellers and sell them to overseas customers.
Skincare Brand Prequel Appoints C-Suite
The dermatologist-developed label has named Nathalie Kristo as its first chief executive officer and Toral Patel as chief marketing officer.
Moncler Group Second-Quarter Sales Rise 5% as Stone Island Brand Outperforms
Stone Island’s strong performance helped offset slower growth at the Moncler brand, as the group continues its push to become less dependent on its iconic winter outerwear.
Mulberry Quarterly Sales Jump 23% as Turnaround Gathers Pace
The British luxury handbag maker reported a strong start to fiscal 2027 as CEO Andrea Baldo’s strategy gains traction and the brand gears up for designer Christopher Kane’s runway debut in September.
Phillip Lim Announces New Brand PlayLoveWin
The designer departed his namesake label 3.1 Phillip Lim in November 2024 to pursue personal projects.