Another Lululemon Executive Exits Ahead of Incoming CEO
The departure of AI chief Ranju Das after less than a year in the role comes shortly after the chief strategy officer exited ahead of new chief executive Heidi O'Neill joining in September.
leadership
Luxury
Balenciaga CEO Set to Lead Yves Saint Laurent
According to sources, Cédric Charbit is poised to replace Francesca Bellettini, who became co-deputy CEO of owner Kering in 2023.
Balenciaga CEO Set to Lead Yves Saint Laurent
According to sources, Cédric Charbit is poised to replace Francesca Bellettini, who became co-deputy CEO of owner Kering in 2023.
News & Analysis
BoF VOICES 2024 Global Livestream Full Agenda
Valentino’s Alessandro Michele and Jacopo Venturini join the speaker line-up at BoF VOICES 2024. Request your invitation to attend our annual gathering for big thinkers
BoF VOICES 2024 Global Livestream Full Agenda
Valentino’s Alessandro Michele and Jacopo Venturini join the speaker line-up at BoF VOICES 2024. Request your invitation to attend our annual gathering for big thinkers
News & Analysis
The State of Fashion 2025: Challenges at Every Turn
The ninth annual State of Fashion report by McKinsey & Company and BoF Insights, The Business of Fashion’s data and advisory team, reveals that economic and geopolitical challenges, combined with shifts in customer values, will define a turbulent year ahead. Download the full report to understand the 10 themes that will shape the industry and the opportunities for growth in 2025.
The State of Fashion 2025: Challenges at Every Turn
The ninth annual State of Fashion report by McKinsey & Company and BoF Insights, The Business of Fashion’s data and advisory team, reveals that economic and geopolitical challenges, combined with shifts in customer values, will define a turbulent year ahead. Download the full report to understand the 10 themes that will shape the industry and the opportunities for growth in 2025.
Partner Content
Milanese Momentum: How The Attico Turned Buzz Into Longevity
When Gilda Ambrosio and Giorgia Tordini founded their womenswear brand in 2016, the Italian designers generated both buzz and business instantly, landing 140 stockists and an approximately 80 percent sell-through rate in their first year. Eight years on, having navigated a global pandemic and on-going economic and market uncertainty, BoF sits down with The Attico’s leaders to learn about how they built a brand with creative and commercial longevity.
Milanese Momentum: How The Attico Turned Buzz Into Longevity
When Gilda Ambrosio and Giorgia Tordini founded their womenswear brand in 2016, the Italian designers generated both buzz and business instantly, landing 140 stockists and an approximately 80 percent sell-through rate in their first year. Eight years on, having navigated a global pandemic and on-going economic and market uncertainty, BoF sits down with The Attico’s leaders to learn about how they built a brand with creative and commercial longevity.
Retail
StockX CEO Scott Cutler to Step Down
He’ll be replaced in January by co-founder, president and current COO Greg Schwartz, BoF has learned. The leadership change occurs amid turbulent market conditions in sneaker resale.
StockX CEO Scott Cutler to Step Down
He’ll be replaced in January by co-founder, president and current COO Greg Schwartz, BoF has learned. The leadership change occurs amid turbulent market conditions in sneaker resale.
News & Analysis
BoF VOICES 2024 Global Livestream
Join us for our annual gathering for big thinkers streaming live from November 12 to 14.
BoF VOICES 2024 Global Livestream
Join us for our annual gathering for big thinkers streaming live from November 12 to 14.
Luxury
Bulgari CEO Sees China Luxury Market Recovering in Two Years
China’s luxury market may recover in the next 24 months as the country’s economy bounces back, Bulgari chief executive officer Jean-Christophe Babin said.
Bulgari CEO Sees China Luxury Market Recovering in Two Years
China’s luxury market may recover in the next 24 months as the country’s economy bounces back, Bulgari chief executive officer Jean-Christophe Babin said.
Luxury
Valérie Leberichel to Join Gucci as Communications Chief
The former head of communications at Givenchy is slated to join the Italian megabrand as it seeks to break out of a deep sales slump.
Valérie Leberichel to Join Gucci as Communications Chief
The former head of communications at Givenchy is slated to join the Italian megabrand as it seeks to break out of a deep sales slump.
Retail
This Week: Fashion’s Stake in the US Election
The industry has mostly tried to stay out of a close, bitter race, while quietly preparing for a potential Trump victory.
This Week: Fashion’s Stake in the US Election
The industry has mostly tried to stay out of a close, bitter race, while quietly preparing for a potential Trump victory.
Retail
Boohoo Rejects Mike Ashley as CEO, Appoints Debenhams Boss
The shares advanced after the British fast fashion company said on Friday that Dan Finley will replace John Lyttle as CEO with immediate effect.
Boohoo Rejects Mike Ashley as CEO, Appoints Debenhams Boss
The shares advanced after the British fast fashion company said on Friday that Dan Finley will replace John Lyttle as CEO with immediate effect.
Luxury
Mohamed Al Fayed’s Victims Call for Harrods Boycott
Former Harrods staff who were sexually abused by Mohamed Al Fayed are calling for a boycott of the luxury store after over 400 victims came forward.
Mohamed Al Fayed’s Victims Call for Harrods Boycott
Former Harrods staff who were sexually abused by Mohamed Al Fayed are calling for a boycott of the luxury store after over 400 victims came forward.
Beauty
A First-Day Agenda for Estée Lauder’s New CEO
From cutting costs, rebuilding brand equity and right-sizing its exposure to volatile markets, incoming chief executive Stéphane de La Faverie has a lot to accomplish if he wants to reassure investors that the company’s best days are still to come.
A First-Day Agenda for Estée Lauder’s New CEO
From cutting costs, rebuilding brand equity and right-sizing its exposure to volatile markets, incoming chief executive Stéphane de La Faverie has a lot to accomplish if he wants to reassure investors that the company’s best days are still to come.
The News in Brief
Court Lets Trump Halt Tariff Exemption for Low-Cost Goods
In a decision on Thursday, a US trade court refused to disturb executive orders that lifted the ‘de minimis’ exemption for goods with a retail value of $800 or less.
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.
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.