NEW YORK, United States — When I first met Rachel Shechtman at a Harvard Business School luxury goods conference back in 2007, we quickly learned that we had much in common. Since then, we have made a point of meeting for breakfast to catch-up and discuss the state of the industry whenever work brings me to New York City.
It got us to thinking. With the non-stop madness of the fashion business, many of us don't make the time or have the energy to sit back, think about and discuss the changes which are happening all around us. More than ever, we need to have honest discussions about the brave new world of fashion. There is much we can learn from each other. Why not open our breakfast catch-up sessions to like-minded peers and colleagues from the industry? And thus, the BoF Breakfast Club was born.
Last Thursday in New York, designers and CEOs of established and emerging fashion businesses — Shirley Cook of Proenza Schouler, Maria Borromeo and Thakoon Panichgul of Thakoon, Charles Nolan, Bonnie Takhar of Halston, Waris Ahulwalia, Brian Murphy of Loeffler Randall, Courtney and Phillip Crangi, Elana Posner of Peter Som, Michael Angel, Susan Posen of Zac Posen and others — gathered for an intimate, off-the-record conversation on the future of fashion at the Norwood Club.
The wide-ranging discussion delved into the broken fashion cycle and new business models like subscription retailing and pre-sale trunk show sites, before moving onto the growing need for digital competencies in the world of instant fashion communication. We are grateful for all of those who took the time to join us and contribute to our salon style conversation — by all accounts, it was well worth the time invested which bodes well for more BoF Breakfast Clubs of the future.