Premium Skincare Brand Colorescience Names New CEO
Former Kiehl’s general manager John Reed will lead the label, which was acquired by Roundtable Healthcare Partners earlier this year.
entrepreneurship / Founders
Entrepreneurship
How Some Founders Are Redefining Fashion’s Idea of Success
As the pipeline to scaling a fashion business grows more precarious, some designers are ditching the pursuit of global prestige in favour of a slower approach to growth they say is more sustainable — and more fulfilling.
Partner Content
How Mexico’s Independent Women Fashion Designers Are Rethinking Growth
At Soho House Mexico City, Mexican fashion designers Carla Fernández, Bárbara Sánchez-Kane and Camila Banzo joined BoF’s Yasmine Dahlberg to speak candidly about identity, innovation and what it takes to build an independent fashion business in Mexico — as part of both Women’s History Month and the House’s ongoing Women Shaping the Future initiative.
Entrepreneurship
What Successful Entrepreneurs Do Differently the Second Time Around
Stylists Emily Current and Merritt Elliott had an instant success and a quick exit with their denim brand Current/Elliott in the 2010s. For their second venture, The Great, they’re taking an alternative approach.
Partner Content
How Afro Fashion Association Empowers Underrepresented Designers
Michelle Ngonmo’s talent incubator, founded in Italy in 2015, platforms and supports BIPOC fashion talent and creatives while building bridges between hubs in Cameroon, Rwanda and Ghana to fashion capitals like Milan, and soon, Paris. BoF sits down with Ngonmo to explore the association’s mission and impact.
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Partner Content
Supporting the Next Generation of Female Social Entrepreneurs in South Asia
The Bicester Collection launches the third edition of the Unlock Her Future prize — an entrepreneurship programme aimed at supporting women social impact entrepreneurs focused on furthering the United Nations Sustainable Development Goals. BoF sits down with The Bicester Collection’s chief culture officer, Chantal Khoueiry, to learn more.
Retail
Why Men’s Retail Is Booming in Manhattan
Young menswear and streetwear brands are opening stores across downtown Manhattan at a moment when young consumers are eager for in-person shopping, social-media marketing feels stale and menswear customers are looking for new options.
Entrepreneurship
The BoF Podcast | Skepta on Failing, Learning and Freedom in Fashion
BoF’s Imran Amed talks with grime MC and rapper Skepta about the revival of his clothing brand Mains, the parallels between music and fashion, and how embracing failure has been key to his creative journey.
Entrepreneurship
How to Grow a $100 Million Brand: Reinforcing Your Foundation | BoF Insights
In the third and final part of this series, BoF Insights spoke with investors and brand leaders about how to secure future growth before pursuing costly expansion activities in today’s tough financing environment.
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Entrepreneurship
How to Grow a $100 Million Brand: Diversifying Your Offering | BoF Insights
Today’s brands are constrained by crises across direct-to-consumer and wholesale distribution and limited external funding pools. But it is still possible to scale a small label, even in today’s tough environment. In part two of this series, BoF Insights spoke with investors and brand leaders about how to translate cultural heat into commercial success via diversification.
Entrepreneurship
How to Grow a $100 Million Brand: Building Buzz on a Budget | BoF Insights
The recent closure of some of fashion’s buzziest brands laid bare the many hurdles facing even the most promising designers. But it is still possible to scale a small label, even in today’s tough environment. In part one of this series, BoF Insights spoke with brands and investors and drew upon its own advisory experience to outline how to translate cultural heat into commercial success.
Partner Content
At RaiseFashion, Supporting a Global Mindset for Emerging Design Talent
BoF speaks to five BIPOC designers based in New York, LA, Chicago and London on the non-profit’s Brand Fellowship programme to learn more about how RaiseFashion’s educational programming, network and financial resources are helping them strategically grow their businesses across the US and further afield.
Partner Content
At RaiseFashion, Positioning BIPOC Fashion Designers for Strategic Growth
BoF sits down with five New York-based BIPOC designers taking part in the second iteration of Raisefashion’s Brand Fellowship programme, to hear about their entrepreneurial experience in the fashion capital and how the non-profit is helping them prepare for success.
The News in Brief
Proya Third-Quarter Revenue Grows, Profit Dented by Marketing Spend
The Chinese beauty conglomerate’s revenue grew 29.8 percent in the latest quarter, but its profit decreased by double digits due to increased promotional expenses as it expands overseas.
Michael Kors Owner Capri Soars After Raising Annual Forecasts
Shares jumped after the group raised its annual revenue and profit forecasts and said it expected sales to return to growth.
Puma Sales Slow Less Than Expected as Anta Partnership Advances
The German sportswear business is attempting to reboot its brand appeal to better compete with larger rivals Adidas and Nike.
Indian Fashion Retailer Trent Jumps as Quarterly Profits, Sales Rise
The Tata Group-owned business beat expectations, shoring up confidence in its fashion business after a period of sluggish performance.
Textured Haircare Brand The Mane Choice Names New CEO
Chasity Monroe has been appointed as the label’s chief executive as it undergoes a wider brand refresh.
APR Corp’s Quarterly Revenue Doubles on Skincare, Overseas Growth
The Korean firm and Medicube owner reported third quarter revenue growth of over 100 percent, mostly attributed to the expansion of its skincare range into new markets, channels and product categories.
Swan Beauty Names Chief Makeup Artist in Residence
Celebrity-makeup artist Ash K. Holm will join the “smart” mirror brand for a year-long partnership focusing on guidance and education.