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.
Stokes, who previously served as fashion director at Highsnobiety, will “develop and lead the creative strategy and approach across all the brands” in his new role at Essence Ventures, which, alongside Essence magazine and Essence Festival, owns the Afropunk and Beautycon consumer festivals. He will report to CEO Caroline Wanga.
Essence was purchased by Richelieu Dennis, the founder of Unilever-owned beauty and skin care company Sundial Brands, from the now-non-existent Time Inc., which was purchased by Meredith, also in 2018.
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Essence’s New Owner Sees More Than a Magazine
When beauty entrepreneur Richelieu Dennis acquired the magazine for black women from Time Inc. at the end of 2017, he had larger ambitions in mind. Can a media company become a platform for wealth generation in the black community?
Luxury book publishers — and husband and wife — Prosper and Martine Assouline join BoF founder and editor-in-chief Imran Amed to discuss the genesis of their publishing business and how they are growing it into a global lifestyle brand.
Now under the ownership of British publisher Future, both Marie Claire and WhoWhatWear are contending with how to grow their new parent’s US operations in the ever-challenging media landscape.
Fast Company has named The Business of Fashion one of the ‘world’s most innovative companies’ for a second time for demonstrating ‘how a media brand can leverage AI to add reader value rather than erode trust with AI-written news articles.’
The ByteDance-owned app has big ambitions to be an e-commerce player in league with Amazon with influence in fashion on par with Instagram. Now it’s facing new threats — both from outside and within.