LVMH-Backed L Catterton Agrees to Buy Majority Stake in Kiko
The private equity fund has entered into a definitive deal with the Percassi family, which will retain a “significant stake” in the business.
Glenda Bailey
A Reckoning and Reboot for Fashion Media
As anti-racism protests spread from the streets to the corridors of powerful magazines like Vogue, the appointment of Samira Nasr, the first woman of colour to run Harper’s Bazaar, may offer a path forward.
Workplace & Talent
Power Moves | Hearst Names Samira Nasr Editor-In-Chief of Harper’s Bazaar, Munroe Bergdorf Joins L’Oréal in D&I Role
This week Harper’s Bazaar appointed its first black editor in the magazine’s 153-year history, while beauty giant L’Oréal announced the transgender model will consult on its diversity and inclusion advisory board.
Power Moves | Hearst Names Samira Nasr Editor-In-Chief of Harper’s Bazaar, Munroe Bergdorf Joins L’Oréal in D&I Role
This week Harper’s Bazaar appointed its first black editor in the magazine’s 153-year history, while beauty giant L’Oréal announced the transgender model will consult on its diversity and inclusion advisory board.
Hearst Is Still Searching for an Editor for Harper’s Bazaar. Here’s Why.
Print’s challenges might not matter to some who dream of following in the footsteps of Liz Tilberis and Glenda Bailey. But many of today’s editors have other aspirations.
How Amazon Could Upend the Luxury Fashion Sector
The e-commerce giant enters a crowded field of digital luxury players. But to brands, it offers two invaluable assets: an unparalleled logistics capability and 100 million Prime members.
Power Moves | Karla Otto Announces Co-CEOs, Valentino Names Chief Brand Officer
This week, Karla Otto is succeeded at her eponymous PR label by co-CEOs, while Valentino appoints its first chief brand officer.
Glenda Bailey Steps Down as Editor-in-Chief of Harper's Bazaar
She will remain with Hearst in a full-time position as global consultant for the magazine.
Introducing the Gamechangers Speaking at VOICES 2019
Gabriela Hearst, Matthew Williams, Omoyemi Akerele, Hans Ulrich Obrist and Jefferson Hack are among an exciting line-up of speakers at BoF's Annual Gathering for Big Thinkers to be held in Oxfordshire, UK in November 2019.
New York’s Other Fashion Week
Monday’s Met Gala anchored a week as packed with marquee fashion events as any New York Fashion Week.
LVMH Announces Nine Finalists for 2018 Prize
A-Cold-Wall, Charles Jeffrey Loverboy and Eckhaus Latta are among the finalists for the fifth annual LVMH Prize, the winner of which will receive €300,000 and a year-long mentorship.
Why American Express Is Evolving its Fashion Strategy
On the back of events with Drake, Virgil Abloh, Opening Ceremony and Made LA, American Express’s Janey Whiteside tells BoF how fashion’s rising cultural significance with consumers is informing its collaboration strategy.
The Industry Remembers Azzedine Alaïa, A Fashion Original
The designer, whose passing was announced on Saturday morning, is remembered for his independence, compassion and creative genius.
Glenda Bailey Talks Future of Magazines and Harper’s Bazaar 150th Anniversary
The longtime editor-in-chief, as well known for her clever take on imagery as she is for winning over advertisers, addresses everything from her rumoured retirement to the elements of a collectible issue.
Company Snapshot
She transformed Harper’s Bazaar into a sophisticated title with dynamic shoots of dressed-up celebrities in unexpected situations.
The News in Brief
Zara Re-Enters Venezuelan Market
The company confirmed in January that it planned to restart activities in Venezuela in the first half of 2024 with local partner Grupo Futura.
EU Hits Fast-Fashion Giant Shein With New Digital Rules
The move means Shein could be liable for fines of as much as 6 percent of global revenue for violating the law, designed to curtail the spread of illegal content online.
Shares of Versace Owner Capri Seen Falling 30% If Deal With Coach Owner Tapestry Fails
Since the merger announcement, Capri has reported weaker-than-forecast earnings twice, spurring concern about its performance in the coming quarters.
Celine Adds To Fragrance Line-Up
The new scent, Zouzou, is the fashion house’s first new perfume since 2022.
Unilever Sales Rise More Than Expected, Led by Beauty
Unilever Plc sales jumped more than expected in the first quarter as Chief Executive Officer Hein Schumacher pushes ahead with his turnaround plan and shoppers come back to premium brands.
Biden Signs Possible TikTok Ban Into Law; ByteDance Vows Legal Challenge
President Biden signed the bill that gives China-based ByteDance 270 days to divest TikTok’s US assets or face a ban.
Google Postpones Phasing Out of Ad Cookies in Chrome Browser
The Alphabet Inc. company said in a blog post Tuesday that it’s still working with the ad industry and regulators on the plan.