Model Presley Gerber, Cindy Crawford’s Son, Dies Aged 27
The model had spoken publicly about a years-long struggle with depression and addiction.
News & Analysis
Fashion News, Analysis and Business Intelligence from the leading digital authority on the global fashion industry.
Shoppers in the US Are Retreating Again as Coronavirus Cases Surge
"Local economies and malls are reopening, but retail traffic declines are accelerating yet again."
Indian Textile Makers Are Trying to Survive Covid-19 by Launching 'Anti-Virus' Fabrics
"Companies in India are relying on fretful consumers to revive their struggling businesses."
Why We Need to Focus on Equity to Have a Sustainable Economic Recovery After Covid-19
"Recovery requires a plan to bring gender equity to the forefront."
How Businesses Have Successfully Pivoted During the Pandemic
"A look at what’s worked and why."
The Pandemic Is Rewriting the Rules of Retail
"Retailers need to reimagine their baseline requirements and focus on taking their customer experience to the next level."
As Black Buying Power Grows, Racial Profiling in Retail Persists
"Industry experts say that retailers must do more to examine how they treat and cater to Black customers."
Our Cash-Free Future Is Getting Closer
"Experts say that’s not necessarily a good thing."
Quarantined Consumers Are Still Shopping for Clothes
"But consumers are now taking a more thoughtful approach when it comes to their purchases."
The Unsung Heroes of Fashion, Now Mostly Unemployed
"What happened to the security guards, musicians, florists and drivers?"
The Best Jobs on BoF Careers
BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from Alexander McQueen, Amiri and Gap.
Careers Counsel | How Different Personality Types Cope with an Always-On Culture
Careers Counsel is a weekly round-up of the most helpful and inspiring advice for boosting your career.
With Department Stores Disappearing, Malls Could Be Next
"Brick-and-mortar retail was in the midst of seismic changes even before the pandemic."
THE NEWS IN BRIEF
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.
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.