Alexandre Arnault Joins Nike’s Board of Directors
The LVMH executive joins Nike’s board as the sportswear giant prepares to be removed from the S&P 100 index after nearly two decades.
leadership
News & Analysis
BoF VOICES 2022: Fashion’s Fresh Challenges and New Directions
From cracking down on greenwashing to planning for a challenging 2023, big thinkers from fashion and beyond shared their insights on the future of the fashion system in the second session of BoF VOICES.
BoF VOICES 2022: Fashion’s Fresh Challenges and New Directions
From cracking down on greenwashing to planning for a challenging 2023, big thinkers from fashion and beyond shared their insights on the future of the fashion system in the second session of BoF VOICES.
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.
News & Analysis
BoF VOICES 2022: Finding Optimism in an Unsteady World
From the Ukraine War to the climate crisis to the legacy of the pandemic, speakers including CNN’s Clarissa Ward, Mercy Corps’ Tjada D’Oyen McKenna, Goldman Sachs’ Tim Ingrassia and Google X’s former chief business officer Mo Gawdat discussed the uncertainty gripping the world — and why there’s cause for hope.
BoF VOICES 2022: Finding Optimism in an Unsteady World
From the Ukraine War to the climate crisis to the legacy of the pandemic, speakers including CNN’s Clarissa Ward, Mercy Corps’ Tjada D’Oyen McKenna, Goldman Sachs’ Tim Ingrassia and Google X’s former chief business officer Mo Gawdat discussed the uncertainty gripping the world — and why there’s cause for hope.
Workplace & Talent
Sidney Toledano Named as President of the Chambre Syndicale de la Haute Couture
The CEO and chairman of LVMH Fashion Group was elected to lead the Fédération de la Haute Couture et de la Mode’s haute couture body for a two-year term.
Sidney Toledano Named as President of the Chambre Syndicale de la Haute Couture
The CEO and chairman of LVMH Fashion Group was elected to lead the Fédération de la Haute Couture et de la Mode’s haute couture body for a two-year term.
Partner Content
BoF 500 Innovators — Dr. D’Wayne Edwards
After an expansive 30-year career as a footwear designer for Nike, Skechers and Jordan Brand, Edwards reopened the Pensole Lewis College of Business and Design — a design-focused HBCU in Detroit — with the goal of training and inspiring the next generation of footwear designers.
BoF 500 Innovators — Dr. D’Wayne Edwards
After an expansive 30-year career as a footwear designer for Nike, Skechers and Jordan Brand, Edwards reopened the Pensole Lewis College of Business and Design — a design-focused HBCU in Detroit — with the goal of training and inspiring the next generation of footwear designers.
Luxury
Why Gucci Wanted a Change — And What’s Next
The market is still digesting Gucci’s move to part ways with Alessandro Michele. A slowdown at Kering’s flagship brand was complicating the company’s wider ambitions, but change comes with risk as well as potential reward.
Why Gucci Wanted a Change — And What’s Next
The market is still digesting Gucci’s move to part ways with Alessandro Michele. A slowdown at Kering’s flagship brand was complicating the company’s wider ambitions, but change comes with risk as well as potential reward.
Luxury
Why Alessandro Michele Is Exiting Gucci
From 2015 to 2019, the designer’s trendsetting maximalist vision powered the modern luxury sector’s most successful turnaround ever. But more recently Kering’s flagship brand has struggled to keep up momentum.
Why Alessandro Michele Is Exiting Gucci
From 2015 to 2019, the designer’s trendsetting maximalist vision powered the modern luxury sector’s most successful turnaround ever. But more recently Kering’s flagship brand has struggled to keep up momentum.
Luxury
Gucci Needs Creative Change, Says New Consensus
With Kering’s flagship brand struggling to keep up momentum, analysts and investors rallied around a report saying creative director Alessandro Michele is set to leave the company.
Gucci Needs Creative Change, Says New Consensus
With Kering’s flagship brand struggling to keep up momentum, analysts and investors rallied around a report saying creative director Alessandro Michele is set to leave the company.
Luxury
Report: Alessandro Michele Set to Exit Gucci
Shares in owner Kering rose after WWD reported, citing unnamed sources, that a creative shakeup was imminent at the Italian luxury brand.
Report: Alessandro Michele Set to Exit Gucci
Shares in owner Kering rose after WWD reported, citing unnamed sources, that a creative shakeup was imminent at the Italian luxury brand.
China
JD.com to Slash Top Exec Salaries Amid China’s ‘Common Prosperity’ Push
China’s JD.com said on Tuesday it would cut the salaries of more than 2,000 senior managers by 10 percent to 20 percent next year to help pay for improved benefits for other staff amid the government’s “common prosperity” drive to reduce income inequality.
JD.com to Slash Top Exec Salaries Amid China’s ‘Common Prosperity’ Push
China’s JD.com said on Tuesday it would cut the salaries of more than 2,000 senior managers by 10 percent to 20 percent next year to help pay for improved benefits for other staff amid the government’s “common prosperity” drive to reduce income inequality.
Partner Content
BoF 500 Innovators — Cecilie Thorsmark
BoF sits down with the chief executive of Copenhagen Fashion Week to understand how CPHFW transformed itself to become a sustainability leader, and how she hopes to inspire international change.
BoF 500 Innovators — Cecilie Thorsmark
BoF sits down with the chief executive of Copenhagen Fashion Week to understand how CPHFW transformed itself to become a sustainability leader, and how she hopes to inspire international change.
Workplace & Talent
Nike Loses Third Diversity Chief in Two Years
Jarvis Sam had been with the company since 2018 but spent just five months in the role before his exit.
Nike Loses Third Diversity Chief in Two Years
Jarvis Sam had been with the company since 2018 but spent just five months in the role before his exit.
The News in Brief
Matthieu Blazy, Sarah Burton, Haider Ackermann Among Nominees for BFC Designer of the Year
The Fashion Awards ceremony, set for Nov. 30, will also recognise the BFC’s second Vanguard award recipient, recognising emerging British design talent.
Supergoop Announces Chief Commercial Officer
The sunscreen label has appointed former Coty executive Jamie Parker to the newly created role as it gears up to become a “global skin health company.”
Mytheresa Owner’s Sales Rise as Ultra Wealthy Keep Shopping
LuxExperience posted a rise in sales as the luxury multibrand platform’s strategy of catering to the ultra wealthy helped it navigate a difficult environment for high-end fashion.
The Independents Acquires Production Studio Smuggler
The global collective has brought film studio Smuggler under its umbrella to bolster its entertainment capabilities.
L’Oréal Steals French Stock Market Crown From LVMH
The cosmetics group became France’s most valuable listed company on Tuesday, the first time since 2017 that a non-luxury company has claimed the top spot at the end of a trading day.
Authentic Brands Targets Creator Economy, Eyes Public Offering
The licensor could pursue an IPO as early as the first half of next year.
Vogue Mexico and Latin America Editor-in-Chief Karla Martinez de Salas to Step Down
The industry veteran is joining Latino-focused media platform Avance Global to establish a new lifestyle brand that will span fashion, design, travel, food, culture and entertainment.