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.
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The pandemic’s economic impact is radically changing the retail landscape, but for fashion, the fallout is not just financial. The crisis has amplified anger over racial injustice and financial inequality among consumers and employees, redoubling pressure on brands to adjust their operations to serve both shareholders and the greater good. Increasingly, companies must respond to demands for change from outside the boardroom.
In this week’s podcast, retail columnist Doug Stephens discusses how the fashion industry must address the systemic inequality and racism buried in its supply chain with the co-founder of UK-based ethical brand and retailer Sancho’s, Kalkidan Legesse, and the founder of brand strategy and communications advisory Kindustry, Robert Hoppenheim.
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Watch and listen to more #BoFLIVE conversations here. To contact The Business of Fashion with comments, questions or speaker ideas please e-mail podcast@businessoffashion.com.
The rental platform saw its stock soar last week after predicting it would hit a key profitability metric this year. A new marketing push and more robust inventory are the key to unlocking elusive growth, CEO Jenn Hyman tells BoF.
Nordstrom, Tod’s and L’Occitane are all pushing for privatisation. Ultimately, their fate will not be determined by whether they are under the scrutiny of public investors.
The company is in talks with potential investors after filing for insolvency in Europe and closing its US stores. Insiders say efforts to restore the brand to its 1980s heyday clashed with its owners’ desire to quickly juice sales in order to attract a buyer.
The humble trainer, once the reserve of football fans, Britpop kids and the odd skateboarder, has become as ubiquitous as battered Converse All Stars in the 00s indie sleaze years.