The FashionStake Diaries | Part II: Raising Funding

[caption id="attachment_13890" align="alignnone" width="500" caption="FashionStake Screenshot | Source: FashionStake"][/caption] The FashionStake Diaries is a four-part series that giving a behind-the-scenes look at the crucial first months of a crowdfunding fashion startup, seen through the eyes of its founders. In Part I, we examined how FashionStake got from idea to traction with $1000. Today, the founders reveal how they were able to finance their business. NEW YORK, United States — Our business school professors used to say that startups were about getting four things right: the Context, the Opportunity, the Deal and the People. Having focused our early efforts on understanding how fashion has changed forever with the rise of Web 2.0 (the Context) and how an online marketplace connecting designers…

…Continue Reading

The FashionStake Diaries | Part I: From Idea to Traction with $1000

Fashion Stake Screenshot | Source: Fashion Stake

Following last week’s Introduction to Crowdfunding, we are pleased to bring you The FashionStake Diaries, a new BoF series providing a behind-the-scenes look at the crucial first months of a crowdfunding fashion startup, seen through the eyes of its founders. NEW YORK, United States — Some say a great business starts with an idea. We started with a problem: despite legions of loyal fans, internationally renowned designers

…Continue Reading

Company of We | Building an Online Fashion Business

Company of We, S/S 2010 | Source: Company of We

NEW YORK, United States — Today, building a strong online sales channel is often vital to the success of an emerging fashion business. But because the task can seem daunting, many young designers delay developing their own e-commerce sites, and instead outsource their internet sales to online retailers, losing a significant share of full retail margin that can be earned when selling directly to the end consumer. While it’s almost

…Continue Reading

Pamela Love Says You Have to Spend Money to Make Money

Pamela Love | Courtesy of Pamela Love

First Person, a new series on BoF, brings you business stories and lessons from real fashion entrepreneurs. First up, cult jewellery designer, Pamela Love. NEW YORK, United States — For the past three years Brooklyn-born jewellery designer Pamela Love has set about crafting her business in the same way she shapes the hand-hewn gothic accessories she sells. “Just like I learn new techniques for making jewellery as I go along,” she

…Continue Reading

BoF Exclusive | Getting to know Christophe Lemaire, the new Artistic Director of Hermès

Christophe Lemaire | Photo: Nicholai Fischer, Fashion Editor: Sam Ranger

Last week, Christophe Lemaire was named Artistic Director of Hermès for womenswear, replacing longtime incumbent Jean-Paul Gaultier and catching industry observers everywhere by surprise. In this exclusive excerpt from an interview with Lemaire in b magazine given prior to the announcement of his appointment, BoF gets to know the new man at one of France’s most prestigious luxury brands. PARIS, France — Almost 20 years since

…Continue Reading

The Creative Archives | Aligning New Talent With Tradition

FLORENCE, Italy — In the shadow of luxury giants like Gucci and Louis Vuitton, a Florence-based business called The Creative Archives has been quietly offering emerging designers from the UK a rare chance to see their work produced by authentic traditional craftsmen, whose skills are increasingly under threat in a machine-made luxury world. The idea is neatly reciprocal: emerging designers get access to highly-skilled

…Continue Reading

Luxury Lab | Generation Next: Understanding Tomorrow’s Affluent Consumer

Tavi Gevinson at Generation Next | Source: Luxury Lab

NEW YORK, United States — With speakers including teenage blogging sensation, Tavi Gevinson and Teen Vogue publisher Laura McEwen, last Friday’s “Generation Next Forum,” organized by New York-based thinktank LuxuryLab, examined the unique characteristics and growing influence of a young generation of consumers that’s set to impact the luxury goods industry like no other generation since the Baby Boomers: Generation Y. Wired and

…Continue Reading

It’s Time Fashion Schools Got Down to Business

Thomas Tait’s Sketchbook | Source: Thomas Tait

LONDON, United Kingdom — Each year, more than 4,000 design students graduate from fashion colleges across the UK.  But there are only about 500 new jobs available for them, leaving thousands of young designers to move abroad or start their own labels. The vast majority of these have absolutely no business training whatsoever. For Thomas Tait — one of the most buzzed-about new graduates from Central Saint Martins, one of the

…Continue Reading

Learning from Puma’s Reduced Environmental Paw Print

Clever Little Bag | Source: Puma

LONDON, United Kingdom — When global sport and lifestyle company Puma decided to redesign its trademark shoe box, it turned to Yves Béhar, industrial designer and founder of fuseproject, a San Francisco-based design and branding firm behind the hundred-dollar Xo laptop and Jawbone headset After 21 months, an evaluation of 40 prototypes, and visits to distribution centres, manufacturing plants, storage facilities and retail points

…Continue Reading

Infographic | Where the Wealthy Shop Online

US Wealthy Shoppers Online Source: Signature9

NEW YORK, United States — As we emerge from the ruins of a deep recession, where are wealthy consumers shopping most? An analysis of online traffic statistics for February 2009 to February 2010, gathered from Google Ad Planner, reveals some interesting traffic trends, although these are only based on estimates. The Numbers Macys.com attracts more visitors with an annual income of over $100,000 than the websites of upmarket

…Continue Reading

Why Brands Should Focus on Mobile Web, Not Mobile Apps

Mobile Screenshot, RUGBY by Ralph Lauren | Source:

With smartphone adoption rates higher than ever, there has recently been a flurry of activity from fashion brands focused on developing and deploying mobile applications. Today, luxury brands like Hermès, Chanel and Gucci have mobile apps for Apple’s popular iPhone. But far less attention has been paid to developing Mobile Web sites. In this guest post, our friends at PercentMobile explain why investing in the Mobile Web can often

…Continue Reading

How Influential are the New Fashion Youth?

Charles Ghislain in Vogue Italia Source: Vogue Italia

NEW YORK, United States — For decades, a quick route to fashion world prominence involved a designer turning a youth culture trend into a runway-ready collection. Calvin Klein made heroin chic, Jean Paul Gaultier sampled from club culture, Marc Jacobs glammed-up grunge and Hedi Slimane turned Berlin punks into fashion plates. The concept was simple, even if the design work wasn’t: find a scruffy outsider style that remained

…Continue Reading