Naomi Campbell Wins Appeal Against Charity Trustee Ban
A London tribunal ruled that the misuse of funds at the charity the supermodel founded had been concealed from her.
News & Analysis
Fashion News, Analysis and Business Intelligence from the leading digital authority on the global fashion industry.
Reality Bites Back: To Really Get Gen Z, Look at the Parents
While there are reams of research linking millennial behaviour to their boomer influences, experts are just starting to analyse what connections exist between the previously ignored Gen X and their Gen Z offspring.
Puma Signs Partnership With Manchester City Football Club Manager
The sportswear brand signed a strategic partnership with the football team in February, taking over from Nike as it seeks to make up for the loss of Arsenal to German rival Adidas.
Mark Cross Is Launching Resale, in a Rare Move for a Luxury Brand
The American handbag company plans to launch its own resale platform, one of the first luxury brands to directly engage with the booming secondhand market.
Sports Direct Reports Drop in Profit
The company said its financial chief will step down as the retailer reported a drop in annual profit after a daylong wait for its results.
Risk of Global Recession Threatens Luxury Party
This week, the IMF added a no-deal ‘Brexit’ to the list of key risks to global economic growth, a sobering signal amid a slew of positive results for luxury groups.
The BoF Podcast: Tyler Mitchell’s Journey From Skateboarding to Photographing Beyoncé
Speaking in conversation with Imran Amed, the photographer behind Beyoncé's September 2018 Vogue cover talks identity, social media and how he found his way into fashion photography.
Vietnam Garment Makers Face Hitches in Lucrative EU Trade Deal
The country's new free trade deal with the European Union is facing issues by the growing demand for workers and the US-China trade war.
Is Beauty Forever 21's Lifeline?
The retailer recently opened its first Riley Rose beauty store in New York City, but pink branding and Gen Z favourites like Lime Crime and BH Cosmetics might not be enough to turn around the struggling fast-fashion player.
Amazon’s Fast Track to Pentagon Deal Derailed by Trump, Rivals
The US President has announced plans to look into the $10 billion Joint Enterprise Defense Infrastructure contract, potentially to be awarded Amazon.
Armani Sales Fall Again as Founder Pushes to Restructure Brand
The italian luxury fashion house's revenue fell by 8 percent, sparking plans to reshuffle its sub-brand offering.
Sales Growth Eases at Kering's Star Gucci Brand
The slowdown, while expected, comes just as sales growth at rivals including LVMH's Louis Vuitton and Christian Dior brands leapt ahead of forecasts in the second quarter.
Renzo Rosso’s OTB Increases Its Stake in Viktor & Rolf
The Italian fashion group that owns Diesel, Marni and Maison Margiela added to its existing investment in the brand founded by the Dutch design duo Viktor Horsting and Rolf Snoeren in 1993.
THE NEWS IN BRIEF
Model Presley Gerber, Cindy Crawford’s Son, Dies Aged 27
The model had spoken publicly about a years-long struggle with depression and addiction.
EssilorLuxottica Managers Defend CEO After Heir Lashes Out
Twenty top lieutenants to CEO Francesco Milleri came to their boss’s defense in an escalating feud with Leonardo Maria Del Vecchio, a son of the founder who abruptly left a senior role at the company.
Arnault Drops Out of World’s Top 10 Richest as US Tech Dominates
The LVMH chairman’s net worth fell to $143 billion on Thursday, pulling him beneath Warren Buffett, Bloomberg reported.
EssilorLuxottica Starts Buyback to Bolster Stock After Heir Exit
The brand plans to buy back more than €800 million ($932 million) of stock, seeking to bolster investor confidence after a slide in its shares and the exit of an heir of the eyewear maker’s founder from his management roles.
US Consumer Confidence Hits Seven-Month Low on Worse Outlook
Looking ahead, consumers surveyed by the Conference Board expressed negative sentiment towards future job and income prospects.
EssilorLuxottica Founder’s Son Quits Management Roles After Reported Rift With CEO
Leonardo Maria Del Vecchio is stepping down as chairman of the Ray-Ban brand and as chief strategy officer, the company said, after reports of tensions with CEO Francesco Milleri.
US, Canada Still See Sticking Points Before Deadline for 50% Tariffs
Canadian and US negotiators are working against an Aug. 19 deadline to avert 50 percent tariffs on Canadian goods. While discussions remain constructive, significant work is still required to resolve key trade disputes.