Samsonite Buys Stake in Béis for $178.5 Million
Founder and actress Shay Mitchell will retain a 15 percent stake in Béis, which will become a Samsonite subsidiary after the deal closes.
leadership
Luxury
Proenza Schouler Founders Depart the Brand
Designers Jack McCollough and Lazaro Hernandez are exiting the New York-based label they founded 20 years ago.
Proenza Schouler Founders Depart the Brand
Designers Jack McCollough and Lazaro Hernandez are exiting the New York-based label they founded 20 years ago.
Luxury
The State of Fashion: Luxury
Macroeconomic headwinds, shifting customer preferences and a deteriorating value proposition continue to weigh on the global luxury sector in 2025. Companies need to review their strategic priorities — investing in talent development, product excellence and finding new ways to engage with clients. Download the special Luxury edition of The State of Fashion report by BoF Insights and McKinsey & Company to understand the strategic imperatives for luxury executives in the years ahead.
The State of Fashion: Luxury
Macroeconomic headwinds, shifting customer preferences and a deteriorating value proposition continue to weigh on the global luxury sector in 2025. Companies need to review their strategic priorities — investing in talent development, product excellence and finding new ways to engage with clients. Download the special Luxury edition of The State of Fashion report by BoF Insights and McKinsey & Company to understand the strategic imperatives for luxury executives in the years ahead.
Beauty
Ronald S. Lauder Retires from Estée Lauder Board
Lauder, who is the son of the cosmetics company’s founder Estée Lauder, joined the business in 1964 and has served on its board for over 45 years.
Ronald S. Lauder Retires from Estée Lauder Board
Lauder, who is the son of the cosmetics company’s founder Estée Lauder, joined the business in 1964 and has served on its board for over 45 years.
Global Markets
Condé Nast Takes Over Vogue Arabia and GQ Middle East from Licensees
The publisher has appointed Amine Jreissati as head of editorial content at the regional edition of GQ and confirmed Manuel Arnaut will continue to lead Vogue Arabia under the new structure.
Condé Nast Takes Over Vogue Arabia and GQ Middle East from Licensees
The publisher has appointed Amine Jreissati as head of editorial content at the regional edition of GQ and confirmed Manuel Arnaut will continue to lead Vogue Arabia under the new structure.
Workplace & Talent
How to Future-Proof Your Fashion Career in 2025
Soft skills like agility, intellectual curiosity and an ability to work across departments and categories will be crucial in 2025 — but true success will mean playing the long game.
How to Future-Proof Your Fashion Career in 2025
Soft skills like agility, intellectual curiosity and an ability to work across departments and categories will be crucial in 2025 — but true success will mean playing the long game.
Luxury
British Fashion Council Names Laura Weir Next CEO
The Selfridges creative director will take over from Caroline Rush in April.
British Fashion Council Names Laura Weir Next CEO
The Selfridges creative director will take over from Caroline Rush in April.
News & Analysis
The 10 Themes That Will Define the Fashion Agenda in the Year Ahead
From the luxury slowdown to shifting consumer tastes and unprecedented demographic shifts, The State of Fashion 2025 explores the biggest challenges and opportunities the industry will face in the coming year.
The 10 Themes That Will Define the Fashion Agenda in the Year Ahead
From the luxury slowdown to shifting consumer tastes and unprecedented demographic shifts, The State of Fashion 2025 explores the biggest challenges and opportunities the industry will face in the coming year.
Luxury
The BoF Podcast | Alessandro Michele and Jacopo Venturini on the New Valentino
At VOICES 2024, BoF editor-at-large Tim Blanks sits down with Alessandro Michele and Jacopo Venturini to understand their vision at Valentino, and discuss the emotional connection between creativity and business.
The BoF Podcast | Alessandro Michele and Jacopo Venturini on the New Valentino
At VOICES 2024, BoF editor-at-large Tim Blanks sits down with Alessandro Michele and Jacopo Venturini to understand their vision at Valentino, and discuss the emotional connection between creativity and business.
Marketing
Lucien Pagès Joins The Independents
The agency founded by Paris public relations star Lucien Pagès is being acquired by the fashion communications giant that owns Karla Otto, Bureau Betak and more.
Lucien Pagès Joins The Independents
The agency founded by Paris public relations star Lucien Pagès is being acquired by the fashion communications giant that owns Karla Otto, Bureau Betak and more.
Luxury
Why Chanel Chose Matthieu Blazy
The designer, fresh off a star turn leading Bottega Veneta, succeeds Karl Lagerfeld and Virginie Viard as artistic director at the French couture and beauty giant, the industry’s most coveted creative post. Fashion president Bruno Pavlovsky breaks down the logic behind the historic choice.
Why Chanel Chose Matthieu Blazy
The designer, fresh off a star turn leading Bottega Veneta, succeeds Karl Lagerfeld and Virginie Viard as artistic director at the French couture and beauty giant, the industry’s most coveted creative post. Fashion president Bruno Pavlovsky breaks down the logic behind the historic choice.
Luxury
At Bottega Veneta: Blazy Out, Trotter In
Under Matthieu Blazy, the Italian leather goods label was a bright spot in Kering’s portfolio. Louise Trotter, who will leave Carven in late January, is set to replace him.
At Bottega Veneta: Blazy Out, Trotter In
Under Matthieu Blazy, the Italian leather goods label was a bright spot in Kering’s portfolio. Louise Trotter, who will leave Carven in late January, is set to replace him.
Luxury
John Galliano to Exit Maison Margiela
The OTB-owned brand has enjoyed rapid growth as the star designer dialled up its creative impact and steadily redeemed his public image.
John Galliano to Exit Maison Margiela
The OTB-owned brand has enjoyed rapid growth as the star designer dialled up its creative impact and steadily redeemed his public image.
The News in Brief
Tapestry Forecasts Strong Annual Profit as Coach Remains Hot
Resilient demand for Coach bags among young and affluent shoppers helped buoy the group, but weakness at Kate Spade led the company to forecast muted annual revenue.
US Seeks Sentence for Founder of Fashion-Tech Company CaaStle
Prosecutors compared Christine Hunsicker to Elizabeth Holmes as they sought a 12.5 year prison sentence in the $300 million securities fraud case.
Shein Loses UK Copyright Lawsuit Against Temu Over Clothing Photos
The ultra-fast fashion platform lost the first round of a London legal battle against its rival for alleged copyright infringement in relation to photos of some of its products.
Birkenstock Nudges Forecast Higher on Solid Sandal Demand
The German brand bumped its sales forecast to the upper limit of its target range and posted strong quarterly earnings as consumers snapped up its sandals and clogs.
Richemont’s Panerai Brand Gets No Relief From Luxury Watch Revival
As the secondary market for timepieces rebounds, Cartier is grabbing buyer attention and there’s renewed enthusiasm around Vacheron Constantin, throwing the lack of interest in Panerai into stark contrast.
Allies of Skin’s Founder Nicolas Travis Has Resigned
The Singapore-based luxury skincare brand has also appointed Alicia Valencia as interim president.
Fabletics Seeks to Double Revenue to $2 Billion in Global Expansion
The US-based activewear brand plans to double annual revenue to $2 billion within five years, in part by opening dozens of new stores in markets such as India, Mexico and the United Arab Emirates.