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.
"Yoox to Accelerate Expansion After Merger With Net-a-Porter" (Bloomberg)
"For Federico Marchetti, combining Yoox SpA with Cie. Financiere Richemont SA's Net-a-Porter is about more than staving off competition for luxury sales from department stores and online opponents such as Amazon.com Inc."
"Why Luxury Retailers Have Finally Given In to Digital" (CNBC)
"As the industry faces a slowdown due to lackluster growth in emerging markets, companies must 'evolve or face possible irrelevance.'"
"Why L'Oréal Has Eyes for the New Innovators" (Forbes)
"Beauty business L'Oréal USA has its sights firmly set on the latest tech innovators, tapping into a different source from the norm."
"We May Have Just Uncovered Amazon's Vision for a New Kind of Retail Store" (Re/Code)
"Amazon perfected online shopping. It may now want to do the same with brick-and-mortar stores."
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"Unpacking Etsy's S1" (TechCrunch)
"Etsy is a powerful business with extraordinary network effects. Its customers are extremely loyal, and its committed sellers are earning significant income. But there are legitimate concerns: it is the quintessential case study on the challenge of low margin platforms."
"Frank & Oak Plans to Open Six Brick-And-Mortar Stores in the US" (TechCrunch)
"The company is launching a campaign that will allow customers to vote (through the Tilt platform) on which markets they'd like Frank & Oak to invest in brick-and-mortar."
TikTok’s first time sponsoring the glitzy event comes just as the US effectively deemed the company a national security threat under its current ownership, raising complications for Condé Nast and the gala’s other organisers.
BoF Careers provides essential sector insights for fashion's technology and e-commerce professionals this month, to help you decode fashion’s commercial and creative landscape.
The algorithms TikTok relies on for its operations are deemed core to ByteDance overall operations, which would make a sale of the app with algorithms highly unlikely.
The app, owned by TikTok parent company ByteDance, has been promising to help emerging US labels get started selling in China at the same time that TikTok stares down a ban by the US for its ties to China.