The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
Spain's Puig Group succeeds by swimming against the stream (FT)
"Puig is an anomaly in the luxury market in a number of ways. It is the only Spanish luxury group. It is private and remains family-run. And it is... a 'hybrid' of fashion and fragrance... Marc Puig, chairman and the third generation of the family to run a company founded in 1914, says 'We don't really follow the normal rules.'"
Middle market: Second-tier brands tap into straitened times (FT)
"The public's shopping habits have not reverted to their previous ways – with lasting consequences for [the] 'middle market'... But one nuance of the past three years is that the middle market has become a curiously compelling place for ultra-hip designers who would not have been seen dead there before."
Moncler puts off IPO plans after Eurazeo deal (Reuters)
"Luxury clothing brand Moncler postponed plans for an IPO after investment company Eurazeo said it would acquire 45 percent of the company for 418 million euros. The announcement comes just a few days after Moncler got the go-ahead for its planned initial public offering."
Buyers dictate this season's look (FT)
"More demanding customers, generational shifts, new loyalty rules, an increasingly integrated offline and digital customer experience and the continued growth of China and other emerging markets is transforming the luxury industry."
Todd Lynn: Tailor-made rock'n'roll (Independent)
"So what's the logic of courting the preened masses... bearing in mind that Lynn was the man who once dressed goth-rocker Marilyn Manson in a coat made from Icelandic horse, replete with Flicka-esque manes... 'I recently discovered my customer base is much broader than I thought.'"
From analysis of the global fashion and beauty industries to career and personal advice, BoF’s founder and CEO, Imran Amed, will be answering your questions on Sunday, February 18, 2024 during London Fashion Week.
The State of Fashion 2024 breaks down the 10 themes that will define the industry in the year ahead.
Imran Amed reviews the most important fashion stories of the year and shares his predictions on what this means for the industry in 2024.
After three days of inspiring talks, guests closed out BoF’s gathering for big thinkers with a black tie gala followed by an intimate performance from Rita Ora — guest starring Billy Porter.