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Business of Fashion
Karl Lagerfeld at the Chanel Autumn 2017 haute couture show in Paris | Source: InDigital.tv PARIS, France — Karl Lagerfeld, arguably the world’s most iconic designer and undoubtedly the most prolific, has died in Paris. He was 85. In a seven-decade career as fashion’s ultimate free agent, Lagerfeld created collections simultaneously for the celebrated houses...
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Hello BoF Professionals, welcome to our latest members-only briefing: The Week Ahead. Think of it as your “cheat sheet” to what everyone will be talking about on Monday. THE CHEAT SHEET Bottega Veneta’s High Stakes Show Bottega Veneta wiped its Instagram account ahead of Daniel Lee’s first show in Milan | Source: Instagram/@bottegaveneta Bottega Veneta...
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KIEV, Ukraine — Ukrainian fashion exports have been having a good run again. With Emily Ratajkowski, Kourtney Kardashian and Bella Hadid papped in Ienki Ienki’s neon-coloured puffer jackets and Instagram feeds filled with delicately embroidered numbers drawing from Vita Kin’s folk-inspired dresses, the global fashion industry seems to be looking once again to Ukraine for...
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PARIS, France — French luxury handbag label Hermès said on Friday that sales momentum in its Chinese stores stayed strong in the fourth quarter, adding to reassuring signals from rivals over enduring demand in one of the industry’s biggest markets. Luxury groups rely on Chinese consumers for over a third of sales, sparking investor jitters...
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LONDON, United Kingdom — British fashion group Superdry reported a 1.5 percent fall in revenue in the Christmas quarter, blaming issues with its product range and unseasonably warm weather which dented both store and online sales. Superdry, whose main products are sweatshirts, hoodies and jackets, has issued a string of profit warnings, the latest in...
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NEW YORK, United States — Ralph Lauren reported holiday-quarter revenue on Tuesday that topped Wall Street estimates, as the luxury fashion group’s bigger push on marketing helped it woo more customers. The company’s revenue rose to $1.73 billion from $1.64 billion, beating analysts’ average estimate of $1.66 billion, according to IBES data from Refinitiv. The company...
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LONDON, United Kingdom — This week, we are pleased to introduce four new partners on BoF Careers. Building on over 150 years of tradition, Macy’s delivers fashion and affordable luxury to customers at approximately 670 locations, via its e-commerce site and more than 100 international destinations. The brand is also known for its events such as the Macy’s Thanksgiving Day...
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TOKYO, Japan — Japanese fashion e-commerce website Zozo slashed its annual profit outlook and dividend on Thursday, blaming a failed and costly experiment with a skin-tight bodysuit for taking measurements. Zozo, with a nearly 50 percent share of Japan’s e-commerce market for mid- to high-end fashion, had tried to branch out by launching its own...
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PARIS, France — Can couture be modern? The question arises each season and the answers are almost as many as the designers and houses that are part of the calendar. Couture is both an anachronism, completely at odds with the present time, and yet probably the only place left in the modern luxury business where fashion...
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LONDON, United Kingdom — As the saying goes, the fashion industry is built on the stuff of dreams. Cliché or truism, every single year the opportunity for creativity and innovative entrepreneurialism, jet set locations, glamorous clothes and the Instagram-allure of parties with a globe-trotting beau monde, tempt tens of thousands of individuals to follow their heart...
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