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 Best Jobs on BoF Careers
BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from Ralph Lauren, Tapestry and Amiri.
Could We Be on the Brink of a More Mindful Fashion Industry?
"This enforced pause could lead to a kinder, more collaborative way of doing business."
Hard-Hit by Coronavirus, New York City Faces Next Big Test: Reopening
"Nonessential retail businesses will resume operations on Monday."
Beyond the Instagram Black Square
"Fashion can do more than simply express solidarity."
How the Pandemic Could Change the Salon Industry Forever
"The coronavirus outbreak has changed the way consumers access beauty."
The Economy Is Experiencing an Epic Collapse of Demand.
"A rip in the fabric of the economy won't be healed easily."
Can Fashion Really Change?
This week, everyone will be talking about whether the fashion industry can truly change its approach to race, LVMH's rocky path to acquiring Tiffany and London's all-digital fashion week. Get your BoF Professional Cheat Sheet.
Michael Jordan Donates $100 Million to Racial Equality Causes
Jordan has previously been criticized in the past for what was seen as his reluctance to advocate for social causes.
Steps Fashion Companies Can Take to Become Genuinely Anti-Racist
"Start by treating the current moment less as a PR challenge than as a call for systemic change."
Launching the Journey to Autonomous Supply Chain Planning
"The pandemic has provided companies with the opportunity to transition towards autonomous planning."
Facebook Has a Truth Problem. Here’s What That Means for Brands
"Its stance on controversial posts impacts businesses that use the platform to reach customers."
Lessons From Chinese Companies’ Response to Covid-19
"How they’ve innovated, adapted, survived — and even thrived."
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.