TikTok Shop Tops 500,000 US Sellers After 2023 E-Commerce Launch
E-commerce is seen by the company as its next big potential revenue source as well as a way to keep users spending time and money on its app.
Margaret Zhang
Margaret Zhang to Exit Vogue China
Condé Nast said it is searching for a successor to take over after Zhang, whose appointment never became less divisive.
Vogue’s Global-Local Balancing Act
Inside Vogue’s strategy for winning over local audiences in Asia after a restructuring that gave Anna Wintour control over global editorial operations.
Condé Nast Can Learn From Netflix
In a global world where local tastes still matter, the publisher of Vogue should be careful not to dictate too much of its content strategy from New York and London.
Margaret Zhang Is Vogue China’s New Editor in Chief
The Chinese Australian blogger turned content creator and consultant will succeed Angelica Cheung at the helm of the Condé Nast fashion title.
The Face Is Back
The team behind the relaunch of the British style bible speaks to BoF about its new strategy and the ‘double-edged sword’ of its cult heritage.
Rebooting Your Mother’s Beauty Brands
The prestige beauty sector is booming with successful indies, but heritage brands are finding their footing.
How Instagram's New Feed Will Impact Brands and Influencers
What does Instagram's new algorithmic feed mean for the platform's lucrative influence economy?
Company Snapshot
The Chinese Australian creative and consultant has established herself as a leading digital influencer, and been named editor-in-chief of Vogue China
The News in Brief
Tapestry-Capri Deal to Face September Hearing
The preliminary injunction hearing on the US Federal Trade Commission’s bid to block Tapestry’s attempted takeover of rival Capri will likely last a week and a half, the judge said.
Shein Wants to Sell Skincare, Toothpaste and Toys, Too
The online fast fashion retailer is moving into other categories and has given brands and retailers access to its platform in nine European countries so far, having done so in the United States, Brazil, and Mexico last year.
Condé Nast Union Threatens Strike Ahead of Met Gala
The union delivered the announcement through a video at a bargaining session today, promising “a week of union actions” in the statement.
L’Occitane Announces Privatisation Offer
The transaction, which includes funding from Blackstone and Goldman Sachs, values the company at $6.4 billion.
Vinted Moves Into Profit After 61% Sales Rise
The Lithuania-based group said growth had been spurred by entering new markets including Denmark and Finland and an expansion into luxury fashion.
Spain’s Puig Sets IPO Price Guidance at Top of Range
The Barcelona-based firm set the price guidance at €24.50 per share, according to terms seen by Bloomberg News, giving the company an implied market value of €13.9 billion ($14.9 billion).
L’Occitane’s Billionaire Owner Close to Possible $7 Billion Buyout Bid
Chairman Reinold Geiger’s investment holding company, L’Occitane Groupe SA, is considering an offer for the Hong-Kong listed firm’s shares he does not already own, at HK$33 to HK$34 per share, the report said, citing people familiar with the matter.