Brands must make the right moves to ensure that when their founders leave, the magic doesn't go with them.
Imran Amed sits down with the luxury e-commerce site's co-founder and CEO to discuss plans to enter the Chinese market and capitalise on the 'crystal ball' of data.
BoF’s Imran Amed sat down with Moda Operandi chief executive Ganesh Srivats and chief brand officer Lauren Santo Domingo at the BoF China Summit to discuss their growth plan to scale sustainably in China.
Moda Operandi filled the lucrative retail gap between runway and bargain bin. Now its CEO is targeting China.
Srivats, who spent 10 years at Burberry before his stint at the automaker, joins the luxury e-commerce company on August 1.
The luxury e-tailer will support young labels with marketing and product strategy while developing a design and manufacturing network.
From Rent the Runway to Refinery 29, BoF separates the break-outs from the flameouts.
With a foundation in straight-off-the-runway trunk show sales, the retailer is eyeing a global network of luxury showrooms and new categories such as fine jewellery, which has grown 190 percent year-on-year.
Brands must bring consumers into the buying process and build new production capabilities, so demand for new designs can be fulfilled in days, not months, argues Áslaug Magnúsdóttir.
Despite the success of services like NikeiD, mass customisation has yet to take off in fashion.
Bits and Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Check out this week’s new partners and openings on BoF Careers, the global marketplace for fashion talent.
The Icelandic entrepreneur, Harvard MBA and Gilt Groupe alumnus co-founded Moda Operandi and now heads up D2C brand Katla.
The merger arbitrage investor community turned increasingly bearish on the deal last week, as they interpreted some comments from FTC officials at a conference as negative for the deal.
The value of retail purchases, unadjusted for inflation, increased 0.7 percent from February, Commerce Department data showed Monday.
The merger, which would bring top luxury labels such as Tapestry’s Kate Spade, Stuart Weitzman and Capri’s Jimmy Choo and Versace under one roof, still awaits approval from the United States.
E-commerce marketplace Verishop bought data analytics firm Trendalytics in a cash and equity deal that closed in March. Financial terms of the deal were not disclosed.
French fashion house Balmain has appointed Matteo Sgarbossa as chief executive, effective May 6.
The world’s second-largest economy has struggled to mount a strong and sustainable a post-pandemic bounce, burdened by a protracted property downturn, mounting local government debts and weak private-sector spending.
The Birkin bag maker’s sales are set to hit the “symbolic” €20 billion ($21.3 billion) level by 2027 or before, according to an Apr. 12 note by Thomas Chauvet.
20-year-old Duke University guard McCain will be the nail care brand’s first-ever athlete ambassador.
