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.
The Fashion Industry Says It Stands Against Racism. Critics Aren't Buying It
"After years of systemic racism, many Black people saw straight through social media posts by the fashion industry."
The Bangladesh Garment Factory on the Brink
"A factory owner tells how Covid-19 cancellations have seen him struggle to pay wages."
The Demise of America’s Malls Can Deal a Blow to the Towns That Depend on Them
"When a mall goes dark, a community loses hundreds, if not thousands, of workers."
How to Win With Digital Marketplaces
"Brands need to develop sustainable marketplace strategies as part of a broader channel strategy."
Marketing Strategies During the Pandemic Should Be Focused on Building Relationships
"Experts explain how businesses can successfully retain customers during a trying period."
How Covid-19 Is Transforming the Retail Industry
"A series of shifts that were already underway have been accelerated."
Where Would Menswear Be Without Black British Designers?
"Black British designers have shaped the course of contemporary menswear. But they haven’t always been given due credit."
A VC’s Guide to Investing in Black Founders
"Today, Black entrepreneurs receive less than 1 percent of venture capital."
Brain Dead’s Kyle Ng Shows Streetwear Brands How to Respond to Racism
"Brands must hold themselves accountable."
Fashion Magazine Editors, Take a Page From Audrey Withers
"During wartime London, she showed the way for British Vogue."
#BoFLIVE: The Future of the Independent Fashion Store
More than ever, brands are relying on local retailers to supplant the downfall of major chains. How are these entrepreneurs navigating the era of Covid-19?
The BoF Professional Summit Wrap-Up: How to Build a Responsible Fashion Business
The climate crisis, Covid-19 and recent anti-racism protests have forced the fashion industry to recognise how it is failing to live up to its environmental and social responsibilities. Global experts at The BoF Professional Summit weighed in on where we go from here.
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.